4 years on rocket

5270 Walnut Grove Road, Memphis, TN, 38120

$1,589,000

1.50 Acres
Land

Location

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Property Highlights

Home TypeVacant Land
MLS #10075441
Lot Size1.50 Acres
StatusActive

About 5270 Walnut Grove Road

6500 (+EXPANDABLE)SF FT ESTATE ONLY 19 YEARS OLD WOULD BE EXCELLENT FOR A FAMILY WHO WOULD LIKE TO HAVE 3 HOMES TOGETHER OR CORPORATE RETREAT IN PRIME EAST MEMPHIS , CONVENIENT TO EXPRESSWAY BRICK AND IRON FENCED WITH BRICK GUARD HOUSE+ BEAUTIFUL LARGE SWIMMING POOL W /RECIRCULATING SCULPTURED FOUNTAIN

Property Details

Property Features

Listing Office:

  • Office Name: J.D. Marks, Inc., REALTORS

Lot Features

Lot Information:

  • Lot: City Lot, Corner Lot, Irregular Lot
  • Lot Size: 1.50 Acres

Other

Directions Information:

  • Directions: Poplar North to Northeast corner of Walnut Grove and White Station. Completely brick and iron fenced NO SIGN BRICK GUARD HOUSE ON WALNUT GROVE ENTRY - 3 SUBDIVIDED LOTS WITH HOME ON Walnut Grove and 2 additional lots on White Stationl```

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,589,000
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Housing Market Comparison

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

Med. Sold Price

$183K

# of Sold Homes

362

5270 Walnut Grove Road vs Memphis

1695 DAYS ON ROCKET

$1,589,000

+$1.4M More

KEY TAKEAWAY

This property is $1.4M more than the Median Sold Price in Memphis, TN.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #10075441

Listing Office:

  • Office Name: J.D. Marks, Inc., 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: 12/18/2024, 1:20:56 PM 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

$7,998

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,830

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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-4545189
8
/10
  • Richland Elementary School

  • 5440 Rich Rd

  • 0.50 miles

  • Public District Grades PK-5

school-card-donut-4545190
8
/10
  • White Station Elementary School

  • 4840 Chickasaw Rd

  • 1.00 miles

  • Public District Grades PK-5

school-card-donut-4545191
4
/10
  • Berclair Elementary School

  • 810 N Perkins Rd

  • 1.93 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $92,368. Typical income of Memphis, TN residents is between $35k-100k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Memphis, TN

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Memphis, TN.

Memphis offers a diverse array of housing options, with single-family homes being a significant part of the market. Architectural styles range from charming historic bungalows to sleek contemporary new builds. The housing landscape is varied, with a mix of older homes that reflect the city's rich history and newer developments that cater to modern living preferences. While the homeownership rate is robust, there is also a healthy rental market that provides options for those not looking to buy.

What is it like to live in Memphis, TN?

Memphis is celebrated for its vibrant music scene and rich cultural heritage, which are integral to the city's character. The community prides itself on being the home of blues, soul, and rock 'n' roll, with landmarks such as Beale Street and the annual Memphis in May festival highlighting its musical legacy. The city's character is further defined by its friendly residents and a sense of small-town camaraderie amidst its urban setting.

Is it easy to get around Memphis, TN without a car?

The community benefits from a well-rounded selection of services, including a network of public and private schools that cater to educational needs at all levels. Healthcare facilities are distributed throughout the city, offering a range of services from routine care to specialized treatments. Public libraries serve as valuable resources for residents, and the city's retail and dining establishments reflect the local culture, with an emphasis on Southern cuisine and unique boutiques.

Transportation in Memphis, TN.

Memphis features a comprehensive transport infrastructure that includes a public transit system serving residents and visitors alike. The city's layout and road network facilitate easy commuting by car, with major highways connecting Memphis to surrounding areas. While certain neighborhoods are known for their walkability, the city as a whole is continuously working to improve pedestrian and bike paths to enhance accessibility and encourage eco-friendly modes of transport.

Frequently Asked Questions About 5270 Walnut Grove Road

What is the listing price of this property?

The listing price of 5270 Walnut Grove Road property is $1,589,000.

What type of property is this?

The property 5270 Walnut Grove Road is land located in Memphis, Tennessee, 38120.

Is this property for sale now?

Active Listing: 5270 Walnut Grove Road is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 5270 Walnut Grove Road is 1.50 acres.
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Rocket HomesTennesseeShelby CountyMemphis381205270 Walnut Grove Road

This home is located at 5270 Walnut Grove Road in Memphis, TN and zip code 38120. This home sits on a 1.50 acre lot. It has been listed on Rocket Homes since April 27, 2020 and is currently priced at $1,589,000.

In November 2024, from all listings sold in Memphis, TN there were more than 45 sold above asking price, over 218 sold below and more than 98 were sold right at the asked price. In November 2024 in Memphis, TN there were 6.8% more homes for sale than in October 2024.

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

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