--Seller Open to 3% SELLER CREDIT with full price offer-- Welcome HOME & nestled in the heart of Walnut Grove Hills! This stunning 5 bedroom, 3 full bathroom blends modern luxury with timeless charm, offering real hardwood floors throughout and a spacious, open-concept layout perfect for entertaining. Beautifully updated kitchen, featuring sleek countertops, stainless steel appliances, and ample cabinetry. The master suite is a true retreat, boasting a newly renovated bathroom with designer finishes and 2 generous walk-in closet. Each bathroom has been thoughtfully updated, ensuring comfort and style for every member of the household. Enjoy movie nights in your dedicated media room or host game nights in the expansive game room. The large front and back yards provide plenty of space for outdoor fun, complete with a play set for the kids and a storage shed for all your tools and toys. The two-car garage offers convenience and extra storage.
Walnut Grove Village, located between Walnut Grove Rd and I-240, is a residential and retail Memphis neighborhood with mid-century apartment communities and a corridor of everyday services. The neighborhood’s character concentrates around the Walnut Grove Rd and White Station Rd intersection, where low-slung plazas, coffee counters, and local eateries set a steady, errands-and-lunch rhythm. Ballet Memphis and the Dixon Gallery & Gardens anchor the area’s cultural calendar, while the Memphis Botanic Garden adds a leafy counterpoint nearby. Streetscapes mix brick ranch homes with garden-style complexes and mature trees. Sidewalk stretches and short drives connect to East Memphis parks and shopping corridors. The pace stays practical, with pockets of calm behind the main roads.
Provided by Walk Score and Local Logic
Market insights
5256 Collingwood Rd · $581,000
DAYS ON MARKET
12 days
The average home goes pending in 38 days.
SALE-TO-LIST
96.8%
Most homes are selling 3% below list price.
LIST PRICE
$582,000
Median list price in this area is $295,662. (49% lower than this home)
PRICE DROP
2 price drops
23% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Two-story layout
One fireplace
13 total rooms
Updated/renovated kitchen
Separate living room and separate dining room
Eat-in kitchen with breakfast bar and pantry
Washer/dryer connections
Smooth ceilings
Attic and storage room
Bonus room, play room, media room, and in-law quarters
Bedrooms
Five bedrooms total, including two bedrooms on the lower level
Primary bedroom with full bath, hardwood floor, smooth ceiling, and walk-in closet
Other bedrooms feature hardwood floors, smooth ceilings, and walk-in closets
Primary bedroom dimensions approximately 24 x 24
Bathrooms
Three full bathrooms
Master suite(s) include luxury features: double vanity, separate tub and shower, and renovated/full master bathrooms (two full master bathrooms noted)
Kitchen
Range/oven
Dishwasher
Disposal
Microwave
Refrigerator
Renovated kitchen, eat-in area, breakfast bar, and pantry
Laundry & utility
Laundry room and laundry closet
Washer/dryer connections
Flooring
Hardwood floors in bedrooms
Heating & cooling
Central heating
Central cooling
Exterior features
Porch, patio, and deck
No pool
Lot described as a cove
Home design
Detached single family home
Existing property built in 1964
Style listed as other (see remarks)
Parking
Two covered parking spaces
Driveway/pad
Garage with garage door opener(s)
Construction
Built in 1964
Utilities
Central heating
Central cooling
Electricity and solar
View estimated energy costs and solar savings for this home
Memphis Area Association of Realtors(R) MLS #10229765
Sep 15, 2026
Price Changed
$581,000
Sep 10, 2026
Price Changed
$582,000
Sep 4, 2026
Listed
$583,000
REALTRACS as Distributed by MLS Grid #3521044
Aug 24, 2026
Listing Removed
—
Aug 24, 2026
Listed
$584,000
Memphis Area Association of Realtors(R) MLS #1
Jul 27, 2026
Price Changed
$584,000
Jul 17, 2026
Price Changed
$584,500
Jun 18, 2026
Price Changed
$585,000
Jun 12, 2026
Price Changed
$590,000
Jun 9, 2026
Price Changed
$595,000
REALTRACS as Distributed by MLS Grid #3228450
Jun 2, 2026
Listing Removed
—
Mar 27, 2026
Listed
$600,000
REALTRACS as Distributed by MLS Grid #3158627
Mar 24, 2026
Listing Removed
—
Jan 3, 2026
Listed
$600,000
Public Records
Jul 25, 2025
Sold
$315,000
Public Records
Apr 29, 1998
Sold
$230,000
Memphis Area Association of Realtors(R) MLS #9804879
Mar 16, 1998
Listed
$230,000
Public Records
Jun 28, 1996
Sold
$173,000
Public Records
Jan 13, 1989
Sold
$146,000
Year
Property tax
Land + Additions
Assessment*
2025
$5,807 (+6.2%)
$23,800 + $86,375
$110,175
2024
$5,466 (+8.1%)
$23,800 + $86,375
$110,175
2023
$5,056
$21,600 + $61,400
$83,000
2022
$5,056 (−5.3%)
$21,600 + $61,400
$83,000
2021
$5,340 (+10.4%)
$21,600 + $61,400
$83,000
2020
$4,837
$21,600 + $67,925
$89,525
2019
$4,837
$21,600 + $45,150
$66,750
2018
$4,837 (+76.3%)
$21,600 + $45,150
$66,750
2017
$2,743 (−3.0%)
$21,600 + $45,150
$66,750
2016
$2,827
$21,600 + $45,150
$66,750
2014
$2,827
$20,800 + $43,900
$64,700
Public record
Public record
Zoning
Permits
Beds
5
Baths
2
Stories
1.5
Lot width
100 ft.
Lot depth
160 ft.
Lot size
0.37 Acres
Year renovated
—
Finished Sq. Ft.
2,676
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,676
Year built
1961
Style
Single Family Residential
County
Shelby County
APN
068029 00038
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 14, 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
Oct 7, 2020 • Final
Residential mechanical
Install a new gas water heater.
Gas
Plumbing
Water heater
Oct 7, 2020 • Final
Residential plumbing
Replace the sewer line and the water service line.
Plumbing
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.
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 110° 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
88/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Memphis. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
7.9 hrs
5.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 5256 Collingwood Rd
$571,479
$9,521 under list price of $581K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $400K to $585K.