Fantastic location! Great 3/2 in the heart of Pigeon Estates on large corner lot. Ample living spaces with hardwood floors, recessed lighting & plantation shutters. Living room, dining room & renovated kitchen, + den w/ wood burning fireplace, wood beams & built-ins. 3rd bedroom currently used as office. Master w private bath + 1 shared bath. Arbor covered brick patio & separate storage/workshop & dog run. Irrigation & outdoor lighting. Single covered parking with tons of extra storage!
Single-familyProperty Type
1956Year Built
0.29 acresLot Size
$235Est. Price/Sq.Ft.
1 spaceParking
Listed by Stacia Rosatti• Crye-Leike, Inc., REALTORS
Listed by Rollin Rosatti• Crye-Leike, Inc., REALTORS
Bought with Jake Lawhead• Marx-Bensdorf, REALTORS
Source:Memphis Area Association of Realtors(R) MLS #10095909
Redfin Estimate
$380,946
$29K since sold in March 2026$0 since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 10.7% higher than the average sale price ($344K) of 6 comparable homes.
Memphis Area Association of Realtors(R) MLS #10095909
Apr 12, 2021
Sold
$340,000
$209/sq ft
Mar 26, 2021
Listed
$308,000
$190/sq ft
+20
Fantastic location! Great 3/2 in the heart of Pigeon Estates on large corner lot. Ample living spaces with hardwood floors, recessed lighting & plantation shutters. Living room, dining room & renovated kitchen, + den w/ wood burning fireplace, wood beams & built-ins. 3rd bedroom currently used as office. Master w private bath + 1 shared bath. Arbor covered brick patio & separate storage/workshop & dog run. Irrigation & outdoor lighting. Single covered parking with tons of extra storage!
REALTRACS as Distributed by MLS Grid #3162213
Oct 16, 2018
Sold
$262,500
$162/sq ft
Oct 16, 2018
Listed
$265,000
$163/sq ft
Memphis Area Association of Realtors(R) MLS #10035816
Oct 16, 2018
Sold
$262,500
$162/sq ft
Sep 5, 2018
Listed
$265,000
$163/sq ft
Memphis Area Association of Realtors(R) MLS #1
Jun 22, 2017
Price Changed
$265,000
$163/sq ft
Jun 9, 2017
Price Changed
$268,000
$165/sq ft
May 30, 2017
Price Changed
$275,000
$169/sq ft
Memphis Area Association of Realtors(R) MLS #2575080
Aug 27, 2004
Sold
$236,000
$145/sq ft
Jul 28, 2004
Listed
$237,500
$146/sq ft
Public Records
May 29, 1998
Sold
$127,500
$79/sq ft
Memphis Area Association of Realtors(R) MLS #9808278
May 6, 1998
Listed
$136,000
$84/sq ft
Public Records
Feb 6, 1991
Sold
$102,000
$63/sq ft
Public Records
May 25, 1973
Sold
$37,500
$23/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,947 (+6.2%)
$23,625 + $70,225
$93,850
2024
$4,658 (+8.1%)
$23,625 + $70,225
$93,850
2023
$4,308
$23,625 + $47,100
$70,725
2022
$4,308 (−1.2%)
$23,625 + $47,100
$70,725
2021
$4,359 (+1.0%)
$23,625 + $47,100
$70,725
2020
$4,317
$23,625 + $47,100
$70,725
2019
$4,317
$23,625 + $35,950
$59,575
2018
$4,317 (+76.3%)
$23,625 + $35,950
$59,575
2017
$2,449 (+0.1%)
$23,625 + $35,950
$59,575
2016
$2,446
$23,625 + $35,950
$59,575
2014
$2,446
$23,625 + $32,350
$55,975
Tax history for 230 Wallace Rd
Year
Property tax
Land + Additions
Assessment*
2025
$4,947 (+6.2%)
$23,625 + $70,225
$93,850
2024
$4,658 (+8.1%)
$23,625 + $70,225
$93,850
2023
$4,308
$23,625 + $47,100
$70,725
2022
$4,308 (−1.2%)
$23,625 + $47,100
$70,725
2021
$4,359 (+1.0%)
$23,625 + $47,100
$70,725
2020
$4,317
$23,625 + $47,100
$70,725
2019
$4,317
$23,625 + $35,950
$59,575
2018
$4,317 (+76.3%)
$23,625 + $35,950
$59,575
2017
$2,449 (+0.1%)
$23,625 + $35,950
$59,575
2016
$2,446
$23,625 + $35,950
$59,575
2014
$2,446
$23,625 + $32,350
$55,975
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
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
Property details
Interior
Basement Information
Basement Type: Crawl-Space
Bathroom Information
# of Full Baths: 2
Heating & Cooling
Heating Fuel Type: Gas
Heating Type: Central
Fireplace Information
# of Fireplaces: 1
Fireplace Type: 1 Opening
Has Fireplace
Room Information
# of Rooms: 6
Exterior
Exterior Information
Physical Condition: Average
Building Style Type: Traditional
Exterior Wall: Brick Veneer
Roof Covering Type: Composition Shingle
Roof Shape Type: Hip
Property Information
Subdivision Name: MAGNOLIA PARK SECOND ADD
Living Sq. Ft: 1,623
Ground Floor Sq. Ft: 1,623
Building Sq. Ft: 1,623
# of Stories: 1
Stories Type: 1
Parking & Garage Information
Parking Type: Carport
Garage/Parking Sq. Ft: 496
Garage / Carport Type: Carport
Lot Information
# of Buildings: 1
Land Sq. Ft: 12,743
Legal Lot Number: 171
Municipality Name: MEMPHIS
Acres: 0.2925
Depth Footage: 116
Front Footage: 97
Zoning Code: R-10
County Use Description: SINGLE FAMILY
Financial
Assessor Information
Assessment Year: 2026
Public facts
Beds: 2
Baths: 2.0
Sq. Ft.: 1,623
Stories: 1.0
Lot Size: 0.29 acres
Style: Single Family Residential
Year Built: 1956
Year Renovated: 1987
County: Shelby County
APN: 055017 00001
Home facts updated by county records on Jul 13, 2026
Around this home
Schools
White Station Elementary School
Public PreK-5 • Assigned • 1.3mi
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)
47
30
57
38
72
50
78
58
79
63
88
72
93
77
90
71
86
68
78
57
66
49
54
40
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
$362,000 – $439,000
Sell confidently with a local market expert in Memphis. 3 minutes to get started.