235 Wallace Rd is a 1,713 square foot house on a 0.35 acre lot with 2 bedrooms and 2 bathrooms. - it last sold on February 20, 2020 for $265,000. Based on Redfin's Memphis data, we estimate the home's value is $335,609.
Single-familyProperty Type
1951Year Built
0.35 acresLot Size
$196Est. Price/Sq.Ft.
2 spacesParking
Source:Public Records
Redfin Estimate
$335,609
$71K since sold in February 2020$11K since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 8.4% lower than the average sale price ($366K) of 6 comparable homes.
Memphis Area Association of Realtors(R) MLS #9915646
Jan 10, 2000
Sold
$162,500
$95/sq ft
Aug 13, 1999
Listed
$167,500
$98/sq ft
Public Records
Nov 15, 1996
Sold
$128,500
$75/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,623 (−10.0%)
$23,750 + $63,950
$87,700
2024
$5,138 (+8.1%)
$23,750 + $63,950
$87,700
2023
$4,753
$23,750 + $54,275
$78,025
2022
$4,753 (+12.8%)
$23,750 + $54,275
$78,025
2021
$4,212 (−2.7%)
$23,750 + $54,275
$78,025
2020
$4,328
$23,750 + $44,600
$68,350
2019
$4,328
$23,750 + $35,975
$59,725
2018
$4,328 (+76.3%)
$23,750 + $35,975
$59,725
2017
$2,455 (+1.6%)
$23,750 + $35,975
$59,725
2016
$2,417
$23,750 + $35,975
$59,725
2014
$2,417
$23,750 + $31,575
$55,325
Tax history for 235 Wallace Rd
Year
Property tax
Land + Additions
Assessment*
2025
$4,623 (−10.0%)
$23,750 + $63,950
$87,700
2024
$5,138 (+8.1%)
$23,750 + $63,950
$87,700
2023
$4,753
$23,750 + $54,275
$78,025
2022
$4,753 (+12.8%)
$23,750 + $54,275
$78,025
2021
$4,212 (−2.7%)
$23,750 + $54,275
$78,025
2020
$4,328
$23,750 + $44,600
$68,350
2019
$4,328
$23,750 + $35,975
$59,725
2018
$4,328 (+76.3%)
$23,750 + $35,975
$59,725
2017
$2,455 (+1.6%)
$23,750 + $35,975
$59,725
2016
$2,417
$23,750 + $35,975
$59,725
2014
$2,417
$23,750 + $31,575
$55,325
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning and permits
Zoning
Permits
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
Jan 29, 2026 • Final
Residential mechanical
Install a whole home generator with a dedicated gas line.
Gas
Generator
Feb 24, 2025 • Final
Residential accessory structure
Build a fence around a house and garage.
Grading
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
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: Ranch
Exterior Wall: Brick Veneer
Roof Covering Type: Composition Shingle
Roof Shape Type: Composition Shingle
Property Information
Subdivision Name: MAGNOLIA HILLS
Living Sq. Ft: 1,713
Ground Floor Sq. Ft: 1,713
Building Sq. Ft: 1,713
# of Stories: 1
Stories Type: 1
Parking & Garage Information
Parking Type: Brick Garage
Garage/Parking Sq. Ft: 704
Garage / Carport Type: Brick
Lot Information
# of Buildings: 1
Land Sq. Ft: 15,300
Legal Lot Number: 85
Municipality Name: MEMPHIS
Acres: 0.3512
Depth Footage: 140
Front Footage: 115
Zoning Code: R-10
County Use Description: SINGLE FAMILY
Financial
Assessor Information
Assessment Year: 2026
Public facts
Beds: 2
Baths: 2.0
Sq. Ft.: 1,713
Stories: 1.0
Lot Size: 0.35 acres
Style: Single Family Residential
Year Built: 1951
Year Renovated: —
County: Shelby County
APN: 055009 00010
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
18% 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
$319,000 – $386,000
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