OFF MARKET

Off Market Jul 2023 for $342K

$351,686

Est. refi paymentEst. refi $2,345/mo

•

View

sq ft

227 Wallace Rd, Memphis, TN 38117

About this home

Reintroducing this fantastic 3/2 ranch nestled in E Memphis. A rare gem offering the perfect combination of comfort & luxury. Compl renovated kitchen boasts gorgeous granite cntertops, SS appl, gas cktop, and sleek vent hood to round out the look. Lovely open floor plan making cooking and entertaining a breeze. Renovated baths, Ingrnd pool, park like back yard, and lg deck provide the perfect outdoor oasis. Also has garage & full house Kohler generator. Newer roof, HVAC and pool liner.

Single-familyProperty Type

1951Year Built

9,583 sq ftLot Size

$251Est. Price/Sq.Ft.

1 car garageParking

Listed by Anna Bishop • Crye-Leike, Inc., REALTORS

Bought with Tyler Bowman • Weichert, REALTORS-BenchMark

Redfin checked: 3 minutes ago

•Source:Memphis Area Association of Realtors(R) MLS #10150073

Redfin Estimate

$351,686

$9,686 since sold in July 2023$8,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 20% higher than the average sale price ($293K) of 6 comparable homes.

SOLD JUL 15, 2026
$399,900
A
3 beds2 baths— sq ft
4140 Chanwil Ave, Memphis, TN 38117
SOLD JUL 9, 2026
$325,000
B
3 beds2 baths— sq ft
3771 Mimosa Ave, Memphis, TN 38111
SOLD JUL 30, 2026
$299,000
C
3 beds2 baths1,438 sq ft
487 Lytle St, Memphis, TN 38122
SOLD JUN 9, 2026
$269,000
D
3 beds2 baths1,300 sq ft
3937 Meade Ave, Memphis, TN 38122
SOLD NOV 21, 2025
$210,000
E
3 beds2 baths1,800 sq ft
198 Magnolia Dr, Memphis, TN 38117
SOLD JUL 10, 2026
$255,000
F
3 beds2 baths1,698 sq ft
4047 Allison Ave, Memphis, TN 38122

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Refinance

Est. cash available

Get cash now or lower your monthly rate

Rent

$1,792/mo

Redfin rental estimate

List your home for rent

Market trends in 38117, TN

Last updated August 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

97.7%

+0.2% MoM

Median sale price

$290K

$125 MoM

Avg. days on market

37d

5 days MoM

Recently sold homes

149

7 MoM

New listings for sale

NEW 21 HRS AGO
$359,000
4 beds3 baths— sq ft
4935 Robindale Ln, Memphis, TN 38117
NEW 24 HRS AGO
$259,900
3 beds2 baths— sq ft
1621 Vera Cruz St, Memphis, TN 38117
$375,000
2 beds2.5 baths— sq ft
498 E Racquet Club Pl E, Memphis, TN 38117
OPEN SUN, 2:30PM TO 4PM
$599,900
3 beds3 baths— sq ft
4954 Minden Rd, Memphis, TN 38117-2708
$799,000
4 beds3.5 baths3,608 sq ft
5170 Cole Rd, Memphis, TN 38117
VIDEO TOUR
$415,000
4 beds3 baths— sq ft
4288 Charleswood Ave, Memphis, TN 38117
$185,000
3 beds2 baths— sq ft
1755 Dorrie Ln, Memphis, TN 38117
OPEN SUN, 1PM TO 4PM
$189,000
3 beds1 bath— sq ft
1445 Dearing Rd, Memphis, TN 38117
$165,000
5 beds1 bath— sq ft
1188 S Perkins Rd, Memphis, TN 38117
$225,000
2 beds1 bath— sq ft
4801 Sea Isle Rd, Memphis, TN 38117
See all

Provided by Redfin

Sale history for 227 Wallace Rd

Date

Event

Price

Memphis Area Association of Realtors(R) MLS #10150073

Jul 21, 2023

Sold

$342,000

$244/sq ft

Jun 21, 2023

Price Changed

$350,000

$250/sq ft

Jun 14, 2023

Listed

$370,000

$264/sq ft

Memphis Area Association of Realtors(R) MLS #1

May 16, 2023

Price Changed

$379,000

$271/sq ft

May 10, 2023

Price Changed

$399,000

$285/sq ft

Memphis Area Association of Realtors(R) MLS #3281294

Dec 30, 2013

Sold

$228,000

$163/sq ft

Sep 15, 2013

Listed

$238,500

$170/sq ft

Memphis Area Association of Realtors(R) MLS #2636440

Jul 31, 2006

Sold

$210,000

$150/sq ft

May 20, 2006

Listed

$219,900

$157/sq ft

Public Records

Jun 11, 2002

Sold

$183,500

$131/sq ft

Memphis Area Association of Realtors(R) MLS #2503670

Apr 17, 2002

Sold

$183,500

$131/sq ft

Nov 7, 2001

Listed

$185,000

$132/sq ft

Memphis Area Association of Realtors(R) MLS #308616

May 30, 2000

Sold

$183,500

$131/sq ft

Apr 30, 2000

Listed

$179,000

$128/sq ft

Public Records

Oct 2, 1998

Sold

$152,000

$109/sq ft

Memphis Area Association of Realtors(R) MLS #9815435

Aug 21, 1998

Listed

$152,500

$109/sq ft

Public Records

Sep 17, 1971

Sold

$32,000

$23/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$4,389 (−1.3%)

$23,625 + $59,650

$83,275

2024

$4,447 (+8.1%)

$23,625 + $59,650

$83,275

2023

$4,113

$23,625 + $43,900

$67,525

2022

$4,113 (−1.2%)

$23,625 + $43,900

$67,525

2021

$4,162

$23,625 + $43,900

$67,525

2020

$4,161

$23,625 + $43,900

$67,525

2019

$4,161

$23,625 + $33,800

$57,425

2018

$4,161 (+76.3%)

$23,625 + $33,800

$57,425

2017

$2,360 (+7.7%)

$23,625 + $33,800

$57,425

2016

$2,192

$23,625 + $33,800

$57,425

2014

$2,192

$23,625 + $26,550

$50,175

Tax history for 227 Wallace Rd

Year

Property tax

Land + Additions

Assessment*

2025

$4,389 (−1.3%)

$23,625 + $59,650

$83,275

2024

$4,447 (+8.1%)

$23,625 + $59,650

$83,275

2023

$4,113

$23,625 + $43,900

$67,525

2022

$4,113 (−1.2%)

$23,625 + $43,900

$67,525

2021

$4,162

$23,625 + $43,900

$67,525

2020

$4,161

$23,625 + $43,900

$67,525

2019

$4,161

$23,625 + $33,800

$57,425

2018

$4,161 (+76.3%)

$23,625 + $33,800

$57,425

2017

$2,360 (+7.7%)

$23,625 + $33,800

$57,425

2016

$2,192

$23,625 + $33,800

$57,425

2014

$2,192

$23,625 + $26,550

$50,175

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning
Permits

Beds

Baths

Stories

Lot width

71 ft.

Lot depth

140 ft.

Lot size

10,433 Sq. Ft.

Year renovated

1986

Sq. Ft.

1,601

Year built

1951

Style

Single Family Residential

County

Shelby County

APN

055009 00011

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 13, 2026.

R-10

Residential Single-Family-10 District

The single-family residential districts are intended to accommodate one single-family detached principal dwelling unit per lot. These districts should be applied in areas where the land-use pattern is predominately single-family residential or where such a land use pattern is desired in the future. 5 single-family residential districts are established-R-10 which are differentiated primarily on the basis of minimum lot area and setback requirements.; New R-10 districts are generally located at least 1,500 to 2,000 ft from a CMU-1, CMU-2, CMU-3 or CBD district.

Permitted uses

Include but are not limited to:

Religious facility
Housing-Senior
Infrastructure
Educational/school
Fire house
Police station
Recreation
Park & open space

Jul 13, 2023 • Final

Residential mechanical

Install a full heating and air conditioning system.

HVAC

Jun 15, 2023 • Final

Residential mechanical

Install a gas line for a backup generator.

Gas

Generator

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Parking

Parking Information
# of Covered Parking Spaces: 1
Carport/Garage: Garage
Parking/Storage: Driveway/Pad, Front-Load Garage
Attached/Detached Parking: Attached

Interior

Bedroom Information
# of Bedrooms (Lower): 3
# of Bedrooms: 3
# of Bedrooms: 3
# of Bedrooms Down: 3
Master Bedroom Dimensions: 13 x 12
Master Bedroom Dimensions: 13 x 12
Primary Bedroom: Level 1, Full Bath, Carpet
Bedroom 2 Dimensions: 12 x 12
Bedroom 2 Dimensions: 12 x 12
Bedroom 2 Description: Level 1, Carpet
Bedroom 3 Dimensions: 12 x 12
Bedroom 3 Dimensions: 12 x 12
Bedroom 3 Description: Level 1, Hardwood Floor

Bathroom Information
# of Baths (Full): 2
# of Bathrooms (Full): 2
Primary Bath Description: Tile Floor

Interior Features
# of Rooms: 7
# of Stories: 1
1st Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Master Bedroom, 2nd Bedroom, 3rd Bedroom, 2+ Bathrooms, Sun Room
Miscellaneous Interior: Pull Down Attic Stairs, Vent Hood/Exhaust Fan
Interior Equipment: Range/Oven, Disposal, Dishwasher, Microwave, Refrigerator
Floors/Ceilings: Part Hardwood, Part Carpet, Tile

Room Information
Living Room Dimensions: 15 x 12
Dining Room Dimensions: 12 x 12
Den/Great Room Dimensions: 13 x 14
Kitchen Dimensions: 15x9
Dining Room Dimensions: 12x12
Living Room Dimensions: 15x12
Living/Dining/Kitchen: Living Room/Dining Room Combination, Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar, Island In Kitchen, Washer/Dryer Connections
Den/Great Room Dimensions: 13x14
Other Rooms: Sun Room
Additional Bedroom/Bathroom Info: All Bedrooms Down, Master Bedroom Down, Renovated Bathroom

Exterior

Exterior Features
Pool Description: Inground
Miscellaneous Exterior: Pool Cleaning Equipment, Deck
Exterior/Windows: Brick Veneer
Foundation: Conventional
Roof: Composition Shingles

Land Information
Acreage: 0.22

Lot Information
Parcel ID: 055009 00011
Lot #: 86
Lot Size: 71X140
Lot Description: Level, Professionally Landscaped, Chain Fenced
Area: 755E

Property Information
Detached Single Family
Style: Traditional, Ranch
Property Construction Status: Existing Property
Approx Heated Sq. Ft. Range: 1400-1599
Year Built: 1951

Financial

Tax Information
Annual City Tax: $1,824
Annual County Tax: $2,289

Financing
New Financing: Conventional, FHA, Va
Buyer Contributions: 0

Utilities

Utility Information
Water & Sewer: Public Water, Public Sewer
Heating: Central
Cooling: Central

Location

Multi-Unit Information
Detached Unit Type: General Residential

Location Details
Directions: Head West on Walnut Grove. Right on Wallace Rd. Home is on the left.
MAAR Subdivision Name: PIDGEON ESTATES

Public facts

Beds: 3
Baths: 2.0
Sq. Ft.: 1,601
Stories: 1.0
Lot Size: 10,433 square feet
Style: Single Family Residential
Year Built: 1951
Year Renovated: 1986
County: Shelby County
APN: 055009 00011

Home facts updated by county records on Jul 13, 2026

Around this home

Schools

White Station Elementary School

Public PreK-5 • Assigned • 1.4mi

6/10

White Station Middle School

Public 6-8 • Assigned • 2.5mi

8/10

White Station High School

Public 9-12 • Assigned • 1.7mi

8/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

6/10 Heat Factor

7 days above 109° expected this year, 21 days in 30 years

4/10 Wind Factor

19% chance of strong winds in next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Memphis, TN • 38117

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.5 hours in June and 4.8 hours in December, placing it above the U.S. average for solar exposure.

10.5 hrs

4.8 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$335,000 – $405,000

Sell confidently with a local market expert in Memphis. 3 minutes to get started.

Nearby similar homes

$510,000

4 beds2.5 baths— sq ft

356 Waring Rd, Memphis, TN 38117

$415,000

3 beds2 baths— sq ft

3863 Minden Rd, Memphis, TN 38111

$375,000

4 beds2 baths— sq ft

3639 Cowden Ave, Memphis, TN 38111

$349,900

3 beds2.5 baths— sq ft

3419 Highland Park Pl, Memphis, TN 38111

$2,000,000

5 beds6 baths— sq ft

4348 Gwynne Rd, Memphis, TN 38117

$725,000

3 beds2.5 baths— sq ft

4363 W Cherry Place Dr, Memphis, TN 38117

New listings for sale in 38117

NEW 21 HRS AGO

$359,000

4 beds3 baths— sq ft

4935 Robindale Ln, Memphis, TN 38117

NEW 24 HRS AGO

$259,900

3 beds2 baths— sq ft

1621 Vera Cruz St, Memphis, TN 38117

$375,000

2 beds2.5 baths— sq ft

498 E Racquet Club Pl E, Memphis, TN 38117

OPEN SUN, 2:30PM TO 4PM

$599,900

3 beds3 baths— sq ft

4954 Minden Rd, Memphis, TN 38117-2708

$799,000

4 beds3.5 baths3,608 sq ft

5170 Cole Rd, Memphis, TN 38117

VIDEO TOUR

$415,000

4 beds3 baths— sq ft

4288 Charleswood Ave, Memphis, TN 38117

$185,000

3 beds2 baths— sq ft

1755 Dorrie Ln, Memphis, TN 38117

OPEN SUN, 1PM TO 4PM3D WALKTHROUGH

$189,000

3 beds1 bath— sq ft

1445 Dearing Rd, Memphis, TN 38117

$165,000

5 beds1 bath— sq ft

1188 S Perkins Rd, Memphis, TN 38117

Home values near 227 Wallace Rd

Data from public records.

Address	Redfin Estimate
195 Wallace Road, Memphis, TN 3 Beds \| 3 Baths \| 2400 Sq. Ft.	$488,064
230 Wallace Road, Memphis, TN 2 Beds \| 2 Baths \| 1623 Sq. Ft.	$380,946

Address	Redfin Estimate
211 Wallace Road, Memphis, TN 3 Beds \| 2 Baths \| 1800 Sq. Ft.	$352,455
221 Wallace Road, Memphis, TN 3 Beds \| 2 Baths \| 1600 Sq. Ft.	$349,507

Address	Redfin Estimate
220 Wallace Road, Memphis, TN 3 Beds \| 2 Baths \| 1600 Sq. Ft.	$342,199
250 Wallace Road, Memphis, TN 3 Beds \| 2 Baths \| 2399 Sq. Ft.	$362,569

Property information provided by Memphis Area Association of Realtors(R) MLS when last listed in 2023. This data may not match . Learn more.

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.

38125 homes for sale
38127 homes for sale
38128 homes for sale
38111 homes for sale
38117 homes for sale

Houses for rent in Memphis	Agents near me	Brentwood, TN homes for sale	Memphis Housing Market
Houses for sale near me	Nashville, TN homes for sale	Memphis, TN homes for sale
Land for sale near me	Franklin, TN homes for sale	Murfreesboro, TN homes for sale
Open Houses near me	Knoxville, TN homes for sale	Memphis Property Records
Condos for sale near me	Chattanooga, TN homes for sale	TN New Listings

Walnut Grove homes for sale
University District homes for sale
Pidgeon Estates homes for sale

Bartlett homes for sale
Germantown homes for sale
Collierville homes for sale

About this home

Redfin Estimate

Earn from this home

Market trends in 38117, TN

Sale history for 227 Wallace Rd

Tax history for 227 Wallace Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 38117

Home values near 227 Wallace Rd

More real estate resources