7 months on rocket

3545 Walnut Grove Rd, Memphis, TN, 38111

$225,000

0.42 Acres
Land

Location

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Property Highlights

Home TypeVacant Land
MLS #10170895
Lot Size0.42 Acres
StatusActive

About 3545 Walnut Grove Rd

This is a great development opportunity or the chance to build your dream home. Great location, level lot with some trees. This is one of two lots that are available.

Property Details

Property Features

Listing Office:

  • Office Name: Sowell, Realtors

Lot Features

Lot Information:

  • Lot: City Lot
  • Lot Size: 0.42 Acres

Other

Directions Information:

  • Directions: Located in the Red Acres Subdivision between W. Galloway and Highland on the South side of Walnut Grove. There are 3 contiguous lots available

Price Information

Listing Price Info

Price Summary:

  • List Price: $225,000

Tax Information:

  • Annual Amount: $3,863
  • 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

3545 Walnut Grove Rd vs Memphis

212 DAYS ON ROCKET

$225,000

+$34.5K More

KEY TAKEAWAY

This property is $34.5K more than the Median Sold Price in Memphis, TN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #10170895

Listing Office:

  • Office Name: Sowell, Realtors

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: 11/24/2024, 9:20:48 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

Dec 11, 2019Home Sold
$199,000
Jun 12, 2000Home Sold
$156,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,863$53,350
2020$5,039$69,550
2019$5,039$69,550
2018$2,859$69,550
2017$2,796$69,550

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-1125304
10
/10

  • Campus Elementary School

  • 535 Zach Curlin

  • 1.13 miles

  • Public District Grades KG-5

school-card-donut-1125305
3
/10

  • Cornerstone Preparatory - Lester Campus

  • 320 Carpenter St

  • 1.31 miles

  • Public Charter Grades PK-5

school-card-donut-1125306
6
/10

  • Grahamwood Elementary School

  • 3950 Summer Ave

  • 1.52 miles

  • Public Magnet Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $201,967. Residents of Memphis, TN typically earn $200k+ each year. Most families are married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3545 Walnut Grove Rd

What is the listing price of this property?

The listing price of 3545 Walnut Grove Rd property is $225,000.

What type of property is this?

The property 3545 Walnut Grove Rd is land located in Memphis, Tennessee, 38111.

Is this property for sale now?

Active Listing: 3545 Walnut Grove Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,863 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 11, 2019 for $199,000. (source: MLS/tax record).

How much acreage is this property?

The property 3545 Walnut Grove Rd is 0.42 acres.
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Rocket Homes›Tennessee›Shelby County›Memphis›38111›3545 Walnut Grove Rd

This home is located at 3545 Walnut Grove Rd in Memphis, TN and zip code 38111 in the Red Acres neighborhood. This home sits on a 0.42 acre lot. It has been listed on Rocket Homes since April 25, 2024 and is currently priced at $225,000.

Over 53 listings were sold over their listed price in October 2024 in Memphis, TN. In the same period over 252 listings were sold below the listed price and 103 listings were sold for the listed price. 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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