1 month on rocket

3007 Walnut Grove Rd Unit 1, Memphis, TN, 38111

$70,000

Home List Price

$831*

Closing Credit

2 Bedrooms
1 Full Bath
Townhouse

Location

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3007 Walnut Grove Rd Unit 1, Memphis$70,000

Buyer Closing Credits

$831*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingGated Parking, Parking Lot, Assigned Parking
Year Built1956
HeatingCentral, Natural Gas
CoolingCentral Air
BasementYes
MLS #10185714
StatusActive

About 3007 Walnut Grove Rd Unit 1

Recently updated 2 bedroom co-op (not a condo) apartment home conveniently located near Midtown Memphis. New flooring through most of the unit, updated kitchen with new appliances, new vanity in bath, and new light fixtures. Unit boasts gated parking, easy access to Sam Cooper Blvd, and the Greenline, and convenient one level living. Must see! (not a condo. most lenders will not lend on this type of sale)

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1956
  • Stories: 1

Listing Office:

  • Office Name: Sowell, Realtors

Interior Features

Interior Information:

  • Appliances: Range, Oven, Self Cleaning Oven, Microwave, Refrigerator, Washer, Dryer
  • Basement: Yes
  • Flooring Type: Tile, Vinyl/Luxury Vinyl Floor, Smooth Ceiling
  • Interior: Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Wrought Iron Security Drs, Patio, Wood Fence, Sidewalks, Iron Fence

Parking Information:

  • Parking: Gated Parking, Parking Lot, Assigned Parking

Lot Features

Lot Information:

  • Lot: Few Trees, Level, Fencing

Utilities

Utilities Information:

  • Heating: Central, Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Poplar Avenue, turn north onto Tillman Street. Then turn east onto Walnut Grove Road, and turn right immediately into the development entrance.

Price Information

Listing Price Info

Price Summary:

  • List Price: $70,000
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Housing Market Comparison

See how this home compares to others in Memphis, TN.

Med. Sold Price

$190.5K

Med. Price/SqFt

$139

Avg. Days On Market

67

# of Sold Homes

397

3007 Walnut Grove Rd Unit 1 vs Memphis

43 DAYS ON ROCKET

-24 Days

$70,000

-$120.5K Less

KEY TAKEAWAY

This property is $120.5K less than the Median Sold Price in Memphis, TN.

Based on homes sold in December 2024

MLS Details

MLS Information:

  • MLS Number: #10185714

Listing Office:

  • Office Name: Sowell, Realtors

Copyright© 2025 Memphis Area Association of REALTORS. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/5/2025, 1:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$417

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$276

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-406045
3
/10
  • Cornerstone Preparatory - Lester Campus

  • 320 Carpenter St

  • 0.43 miles

  • Public Charter Grades PK-5

school-card-donut-406046
5
/10
  • William H. Brewster Elementary School

  • 2605 Sam Cooper Blvd

  • 0.99 miles

  • Public Magnet Grades PK-5

school-card-donut-406047
4
/10
  • Arrow Academy of Excellence

  • 645 Semmes St

  • 1.45 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,513. The most common annual income of people living in Memphis, TN is less than $35k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3007 Walnut Grove Rd Unit 1

What is the listing price of this property?

The listing price of 3007 Walnut Grove Rd Unit 1 property is $70,000.

What type of property is this?

The property 3007 Walnut Grove Rd Unit 1 is a townhouse located in Memphis, Tennessee, 38111.

Is this property for sale now?

Active Listing: 3007 Walnut Grove Rd Unit 1 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 3007 Walnut Grove Rd Unit 1 has 2 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 3007 Walnut Grove Rd Unit 1 is 1956.

Rocket HomesTennesseeShelby CountyMemphis381113007 Walnut Grove Rd Unit 1

This home is located at 3007 Walnut Grove Rd Unit 1 in Memphis, TN and zip code 38111 in the Binghampton / Lester neighborhood. This home was built in 1956. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 22, 2024 and is currently priced at $70,000.

In December 2024 more than 61 listings in Memphis, TN were sold above the asking price. During the same period more than 97 listings were sold at asking price, while more than 237 were sold below. Between November 2024 and December 2024, Memphis, TN real estate market has seen increase in the number of listings by 1.5%. In December 2024 median list price was $190,593 and the average listing age was 67 days.

From Rocket Homes Real Estate and based on county public records data.

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