1 month on rocket

3272 Walnut Grove Rd, Memphis, TN, 38111

$224,900

Home List Price

$2,671*

Closing Credit

0 Baths
Multi

Location

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3272 Walnut Grove Rd, Memphis$224,900

Buyer Closing Credits

$2,671*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDriveway/Pad
Year Built1950
HeatingCentral
CoolingCentral Air
MLS #10182742
StatusActive

About 3272 Walnut Grove Rd

Back on the market after original contract couldn't obtain financing!!! Wonderful investment opportunity. Two 2/1 units. One rented at $1100/month with a wonderful tenant. The other currently vacant, but ready to rent. Both sides could rent for $1300+. Meets 1% rule. Lots of opportunity for appreciation and development in the area. No assignments. No wholesalers.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1950
  • Stories: 1

Listing Office:

  • Office Name: Paradigm21 Realty

Interior Features

Interior Information:

  • Flooring Type: Textured Ceiling

Exterior Features

Exterior Information:

  • Exterior: Other (See Remarks)

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Few Trees, Level

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Take Sam Cooper Blvd W toward Summer Ave/Sam Cooper Blvd, at Exit 7, head on the ramp right and follow signs for Highland St, turn left onto NHighland St, turn right onto Walnut Grove Rd/TN-23.

Price Information

Listing Price Info

Price Summary:

  • List Price: $224,900

Tax Information:

  • Annual Amount: $1,464
  • Tax Year: 2021
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Housing Market Comparison

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

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Memphis, TN

City

Med. Sold Price

$190.4K

# of Sold Homes

409

3272 Walnut Grove Rd vs Memphis

44 DAYS ON ROCKET

$224,900

+$34.4K More

KEY TAKEAWAY

This property is $34.4K more than the Median Sold Price in Memphis, TN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #10182742

Listing Office:

  • Office Name: Paradigm21 Realty

Copyright© 2024 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: 11/21/2024, 7:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 30, 2017Home Sold
$86,500
Jan 28, 2016Home Sold
$77,000
Jun 11, 2001Home Sold
$52,500

Tax History

YEARPROP. TAXASSESSMENT
2021$1,464$20,225
2020$1,364$18,825
2019$1,364$18,825
2018$1,238$18,825
2017$886$30,120

History based on county public records data.

Payment Calculator

$1,190

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$741

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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-215355
3
/10

  • Cornerstone Preparatory - Lester Campus

  • 320 Carpenter St

  • 0.81 miles

  • Public Charter Grades PK-5

school-card-donut-215356
5
/10

  • William H. Brewster Elementary School

  • 2605 Sam Cooper Blvd

  • 1.43 miles

  • Public Magnet Grades PK-5

school-card-donut-215357
4
/10

  • Arrow Academy of Excellence

  • 645 Semmes St

  • 1.43 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $67,945. Typical income of Memphis, TN residents is between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Tennessee›Shelby County›Memphis›38111›3272 Walnut Grove Rd

This home is located at 3272 Walnut Grove Rd in Memphis, TN and zip code 38111 in the Plaza Scenic Gardens neighborhood. This home was built in 1950. It has been listed on Rocket Homes since October 07, 2024 and is currently priced at $224,900.

While more than 53 listings in Memphis, TN in October 2024 were sold above asking price, there were more than 103 listings sold at asking price, and more than 252 were sold below. Between September 2024 and October 2024, Memphis, TN real estate market has seen increase in the number of listings by 22.4%.

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

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