Handsome, quality built, 1-story classic mid-50's home! 3 BR / 2 Baths + living, dining, kitchen, casual dining, den and huge bonus room. Bonus room can become 4th bedroom or master suite. Gracious blend of traditional and soft contemporary. Incredibly functional, flexible plan. Oversize multi-car carport with double drive off Minden. Convenient, desirable neighborhood. Beautifully and carefully maintained. Located in fine, fine area and surrounded by more expensive homes! Easy to show and love.
Single-familyProperty Type
1955Year Built
0.29 acresLot Size
$151Est. Price/Sq.Ft.
2 spacesParking
Listed by David Tester• Marx-Bensdorf, REALTORS
Bought with Kellie Chapman• Crye-Leike, Inc., REALTORS
Memphis Area Association of Realtors(R) MLS #10011953
Jan 22, 2018
Sold
$268,000
$112/sq ft
Nov 18, 2017
Price Changed
$274,900
$115/sq ft
Nov 8, 2017
Price Changed
$287,500
$120/sq ft
Oct 19, 2017
Price Changed
$299,900
$125/sq ft
Oct 12, 2017
Price Changed
$314,900
$131/sq ft
Sep 22, 2017
Listed
$324,500
$135/sq ft
Memphis Area Association of Realtors(R) MLS #3262782
Jun 20, 2013
Sold
$235,000
$98/sq ft
Jan 11, 2013
Listed
$239,900
$100/sq ft
+14
Beautifully maintained home w/ renovated kit. sold surface counter tops, 2 fpls. hrdwd flrs. sep. den, Lr. Dr. Excellent condition. 3brs. plus office. Close to green line. Sought after neighborhood.
Memphis Area Association of Realtors(R) MLS #9921313
Feb 2, 2000
Sold
$175,000
$73/sq ft
Nov 10, 1999
Listed
$184,000
$77/sq ft
SPACIOUS, WELL-KEPT RANCH WITH LARGE DEN, 2 FIREPLACES, SEPARATE LIVING ROOM & DINING ROOM. HARDWOOD FLOORS, SMOOTH CEILINGS, LARGE EAT-IN KITCHEN. UPDATED COLORS. DBL. CARPORT. GREAT LOCATION IN PRIME E. MEMPHIS NEIGHBORHOOD
Year
Property tax
Land + Additions
Assessment*
2025
$5,201 (−5.6%)
$23,625 + $75,050
$98,675
2024
$5,507 (+8.1%)
$23,625 + $75,050
$98,675
2023
$5,094
$23,625 + $60,000
$83,625
2022
$5,094 (−1.2%)
$23,625 + $60,000
$83,625
2021
$5,154 (+0.6%)
$23,625 + $60,000
$83,625
2020
$5,125
$23,625 + $60,000
$83,625
2019
$5,125
$23,625 + $47,100
$70,725
2018
$5,125 (+76.3%)
$23,625 + $47,100
$70,725
2017
$2,907 (+2.8%)
$23,625 + $47,100
$70,725
2016
$2,827
$23,625 + $47,100
$70,725
2014
$2,827
$23,625 + $41,075
$64,700
Tax history for 250 Wallace Rd
Year
Property tax
Land + Additions
Assessment*
2025
$5,201 (−5.6%)
$23,625 + $75,050
$98,675
2024
$5,507 (+8.1%)
$23,625 + $75,050
$98,675
2023
$5,094
$23,625 + $60,000
$83,625
2022
$5,094 (−1.2%)
$23,625 + $60,000
$83,625
2021
$5,154 (+0.6%)
$23,625 + $60,000
$83,625
2020
$5,125
$23,625 + $60,000
$83,625
2019
$5,125
$23,625 + $47,100
$70,725
2018
$5,125 (+76.3%)
$23,625 + $47,100
$70,725
2017
$2,907 (+2.8%)
$23,625 + $47,100
$70,725
2016
$2,827
$23,625 + $47,100
$70,725
2014
$2,827
$23,625 + $41,075
$64,700
*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
3
Baths
2
Stories
1
Lot width
98 ft.
Lot depth
130 ft.
Lot size
12,632
Year renovated
—
Sq. Ft.
2,399
Year built
1955
Style
Single Family Residential
County
Shelby County
APN
055021 00038
Parking Spaces
2
Basement
No
Accessible
No
HOA Dues
—
Garage
No
Features
—
Last updated by owner on May 14, 2019.
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
Feb 26, 2024 • Final
Residential mechanical
Remove and replace a water heater.
Plumbing
Water heater
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: 2
Carport/Garage: Carport
Parking/Storage: Driveway/Pad
Attached/Detached Parking: Attached
Interior
Bedroom Information
# of Bedrooms (Lower): 3
# of Bedrooms: 3
# of Bedrooms: 3
# of Bedrooms Down: 3
Master Bedroom Dimensions: 16 x 12
Master Bedroom Dimensions: 16 x 12
Master Bedroom Description: Level 1, Full Bathroom, Hardwood Floor
Lot Description: Some Trees, Level, Corner, Professionally Landscaped, Wood Fenced
Area: 755B
Property Information
Detached Single Family
Style: Traditional, Soft Contemporary, Ranch
Property Construction Status: Existing Property
Approx Heated Sq. Ft. Range: 2200-2399
Year Built: 1955
Financial
Tax Information
Annual City Tax: $2,200
Annual County Tax: $2,827
Financing
New Financing: Conventional, FHA, Va
Utilities
Utility Information
Water & Sewer: Gas Water Heater, Public Water, Public Sewer
Heating: Central, Gas
Cooling: Central, Ceiling Fan(s), 220 Wiring
Location
Multi-Unit Information
Detached Unit Type: General Residential
Homeowners Association Information
Security: Burglar Alarm, Fire Alarm, Monitored Alarm System
Location Details
Directions: From Walnut Grove proceed north on Wallace. This home is on the northeast corner of Wallace and Minden. There is ample parking in the driveway or Minden.
MAAR Subdivision Name: MAGNOLIA PARK 2ND ADD
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 2,399
Stories: 1.0
Parking Spaces: 2
Basement: No
Accessible: No
Lot Size: 0.29 acres
Style: Single Family Residential
Year Built: 1955
Year Renovated: —
County: Shelby County
APN: 055021 00038
HOA Dues: —
Garage: No
Features: —
Home facts updated by owner on May 14, 2019
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 • 1.8mi
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
$385,000 – $466,000
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Property information provided by Memphis Area Association of Realtors(R) MLS when last listed in 2017. This data may not show owner updates. Learn more.