OFF MARKET

Off Market May 2017 for $325K

$578,037

Est. refi paymentEst. refi $2,209/mo

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4.5 ba

•

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sq ft

5581 Shady Grove Rd, Memphis, TN 38120

About this home

ECLECTIC 4 BEDROOM 4.5 BATH WITH LIVING RM, DINING RM, DEN. 2 FIREPLACES, MAJESTIC WINDING STAIRCASE, FULLY REHABBED KITCHEN WITH GRANITE. ALL NEW CARPET AND HARDWOOD FLOORS. SLIDING GLASS DOORS ACROSS ENTIRE BACK OF HOME OVERLOOKING PATIO AND SWIMMING POOL. HUGE 30X30 DEN WITH SEPARATE DINING RM/LIVING RM. 3 CAR GARAGE WITH 40X10 STORAGE RM. 25FT 2ND FLOOR BALCONY WITH OWN STAIRCASE LEADING TO PATIO. SELLING AS IS STILL NEEDS SOME UPDATING AND REPAIR. WHAT A STEAL THIS COULD BE TO A REHABBER!!!

Single-familyProperty Type

1964Year Built

0.42 acresLot Size

$152Est. Price/Sq.Ft.

3 spacesParking

Listed by Mark Saller • Premier Realty Group, LLC

Listed by Ryan Woolbright • Premier Realty Group, LLC

Bought with Mark Saller • Premier Realty Group, LLC

Redfin checked: a few seconds ago

•Source:Memphis Area Association of Realtors(R) MLS #10001953

Redfin Estimate

$578,037

$253K since sold in May 2017$32K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 11.9% higher than the average sale price ($517K) of 6 comparable homes.

SOLD JUN 17, 2026
$979,000
A
4 beds4 baths— sq ft
349 Shady Woods Cv, Memphis, TN 38120
SOLD MAY 27, 2026
$393,450
B
4 beds2.5 baths— sq ft
321 Shady Woods Cv, Memphis, TN 38120
SOLD MAY 20, 2026
$485,000
C
5 beds3.5 baths— sq ft
5467 Collingwood Cv, Memphis, TN 38120
SOLD DEC 23, 2025
$370,000
D
4 beds3 baths3,376 sq ft
5881 Brierglen Dr, Memphis, TN 38120
SOLD MAY 5, 2026
$357,000
E
4 beds3 baths— sq ft
99 Lynnfield St, Memphis, TN 38120
SOLD JUL 7, 2026
$515,000
F
4 beds3 baths— sq ft
5518 Pecan Grove Ln, Memphis, TN 38120

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Earn from this home

Refinance

Est. cash available

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Rent

$3,225/mo

Redfin rental estimate

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Market trends in 38120, TN

Last updated August 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

96.9%

+0.1% MoM

Median sale price

$450K

$25K MoM

Avg. days on market

31d

4 days MoM

Recently sold homes

8 MoM

New listings for sale

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$295,000
4 beds2 baths— sq ft
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NEW 27 HRS AGO
$750,000
4 beds4.5 baths— sq ft
965 Village Oak Cv, Memphis, TN 38120
OPEN SEP 20, 1PM TO 3PM
$110,000
2 beds2 baths— sq ft
6684 Whispering Oak Pl #1, Memphis, TN 38120
$565,000
3 beds3.5 baths— sq ft
938 W Riverwalk Dr, Memphis, TN 38120
OPEN TODAY, 2PM TO 4PM
$339,000
3 beds2 baths— sq ft
261 N Yates Rd, Memphis, TN 38120
$225,000
2 beds2.5 baths— sq ft
855 S Yates Rd #3, Memphis, TN 38120
$319,900
4 beds2 baths— sq ft
5492 Mesquite Rd, Memphis, TN 38120
$319,900
3 beds3 baths— sq ft
255 Aviva Dr, Memphis, TN 38120
$499,000
5 beds3.5 baths— sq ft
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$1,250,000
5 beds5.5 baths— sq ft
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See all

Provided by Redfin

Sale history for 5581 Shady Grove Rd

Date

Event

Price

Memphis Area Association of Realtors(R) MLS #10001953

May 23, 2017

Sold

$325,000

$86/sq ft

May 9, 2017

Listed

$375,000

$99/sq ft

Memphis Area Association of Realtors(R) MLS #3235829

Apr 30, 2012

Sold

$213,000

$56/sq ft

Nov 10, 2011

Listed

$210,000

$55/sq ft

Public Records

Sep 24, 2001

Sold

$347,000

$91/sq ft

Public Records

Jul 31, 1996

Sold

$119,000

$31/sq ft

Public Records

Jan 3, 1991

Sold

$155,000

$41/sq ft

Public Records

Jan 26, 1973

Sold

$85,000

$22/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$7,558 (−8.6%)

$30,425 + $112,975

$143,400

2024

$8,271 (+8.1%)

$30,425 + $112,975

$143,400

2023

$7,651

$30,425 + $95,175

$125,600

2022

$7,651 (−1.2%)

$30,425 + $95,175

$125,600

2021

$7,741 (+18.3%)

$30,425 + $95,175

$125,600

2020

$6,543

$30,425 + $95,175

$125,600

2019

$6,543

$30,425 + $59,875

$90,300

2018

$6,543 (+76.3%)

$30,425 + $59,875

$90,300

2017

$3,711 (−16.7%)

$30,425 + $59,875

$90,300

2016

$4,456

$30,425 + $59,875

$90,300

2014

$4,456

$31,075 + $70,900

$101,975

Tax history for 5581 Shady Grove Rd

Year

Property tax

Land + Additions

Assessment*

2025

$7,558 (−8.6%)

$30,425 + $112,975

$143,400

2024

$8,271 (+8.1%)

$30,425 + $112,975

$143,400

2023

$7,651

$30,425 + $95,175

$125,600

2022

$7,651 (−1.2%)

$30,425 + $95,175

$125,600

2021

$7,741 (+18.3%)

$30,425 + $95,175

$125,600

2020

$6,543

$30,425 + $95,175

$125,600

2019

$6,543

$30,425 + $59,875

$90,300

2018

$6,543 (+76.3%)

$30,425 + $59,875

$90,300

2017

$3,711 (−16.7%)

$30,425 + $59,875

$90,300

2016

$4,456

$30,425 + $59,875

$90,300

2014

$4,456

$31,075 + $70,900

$101,975

*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

Beds

Baths

4.5

Stories

1.2

Lot width

110 ft.

Lot depth

170 ft.

Lot size

0.43 Acres

Year renovated

—

Sq. Ft.

3,911

Year built

1965

Style

Single Family Residential

County

Shelby County

APN

056055 00002

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

Property details

Parking

Parking Information
# of Covered Parking Spaces: 3
Carport/Garage: Garage
Parking/Storage: Storage Room(s), Garage Door Opener(s), Back-Load Garage, Side-Load Garage
Attached/Detached Parking: Attached

Interior

Bedroom Information
# of Bedrooms (Lower): 2
# of Bedrooms: 4
# of Bedrooms: 4
# of Bedrooms Down: 2
Master Bedroom Dimensions: 18 x 14
Master Bedroom Dimensions: 18 x 14
Master Bedroom Description: Level 1, Level 2, Walk-In Closet, Full Bathroom, Built-In Cabinets/Bookcases, Hardwood Floor, Carpet
Bedroom 2 Dimensions: 17 x 12
Bedroom 2 Dimensions: 17 x 12
Bedroom 2 Description: Level 1, Carpet
Bedroom 3 Dimensions: 18 x 12
Bedroom 3 Dimensions: 18 x 12
Bedroom 3 Description: Level 2, Private Full Bathroom, Carpet
Bedroom 4 Dimensions: 16 x 12
Bedroom 4 Description: Level 2, Walk-In Closet, Private Full Bathroom, Carpet
Bedroom 5 Dimensions:

Bathroom Information
# of Baths (Full): 4
# of Baths (1/2): 1
# of Bathrooms (Full): 4
# of Bathrooms (1/2): 1
Master Bathroom Description: Double Sinks, Separate Shower, Dressing Area, Tile Floor

Interior Features
# of Fireplaces: 2
# of Rooms: 8
# of Stories: 1.5
1st Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Master Bedroom, 2nd Bedroom, 1/2 Bathroom, 2+ Bathrooms, Laundry Room, Breakfast Room
2nd Story Floor Plan: Master Bedroom, 2nd Bedroom, 2+ Bathrooms
Miscellaneous Interior: All Window Treatments, Walk-In Closet(s), Pull Down Attic Stairs, Attic Access, Cat/Dog Free House, Security System, Smoke Detector(s), Vent Hood/Exhaust Fan
Interior Equipment: Range/Oven, Self Cleaning Oven, Disposal, Dishwasher, Refrigerator
Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Sprayed Ceiling, Vaulted/Coff/Tray Ceiling, Two Story Foyer
Fireplace: Masonry, In Living Room, In Den/Great Room, Glass Doors

Room Information
Living Room Dimensions: 24 x 17
Dining Room Dimensions: 14 x 10
Den/Great Room Dimensions: 30 x 30
Kitchen Dimensions: 15X13
Dining Room Dimensions: 14X10
Breakfast Dimensions: 15X6
Living Room Dimensions: 24X17
Living/Dining/Kitchen: Separate Den, Living Room/Dining Room Combination, Updated/Renovated Kitchen, Separate Breakfast Room, Pantry
Office Dimensions: 0X0
Keeping/Hearth Dimension: 0X0
Den/Great Room Dimensions: 30X30
Play/Bonus Room Dimension:
Other Rooms: Laundry Room, Loft/Balcony, Attic, Storage Room, Other (See Remarks)
Additional Bedroom/Bathroom Info: 1 or More BR Down, Master Bedroom Down, Master Bedroom Up, Two Masters, Renovated Bathroom, Double Vanity Bathroom , 2 Full Master Bathrooms, Full Bathroom Down, Half Bathroom Down

Exterior

Exterior Features
Pool Description: Inground
Miscellaneous Exterior: Wrought Iron Security Doors, Pool Heater, Patio, Balcony
Exterior/Windows: Brick Veneer, Wood/Composition, Wood Window(s), Aluminum Window(s), Double Pane Window(s), Storm Window(s), Casement Window(s)
Foundation: Slab
Roof: Composition Shingles

Land Information
Acreage: 0.42

Lot Information
Parcel ID: 056055 00002
Lot #: 13
Lot Size: 110/110.05 X 169.5/170.4
Lot Description: Level, Landscaped, Wood Fenced
Area: 756F

Property Information
Detached Single Family
Style: Colonial
Property Construction Status: Existing Property
Approx Heated Sq. Ft. Range: 3800-3999
Year Built: 1964

Financial

Tax Information
Annual City Tax: $3,467
Annual County Tax: $4,456

Financing
New Financing: Other (See Remarks)

Utilities

Utility Information
Water & Sewer: Gas Water Heater, 2+ Water Heaters, Public Water, Public Sewer
Heating: Central, Gas, 3+ Systems
Cooling: Central, Ceiling Fan(s), 3+ Systems

Location

Multi-Unit Information
Detached Unit Type: General Residential

Homeowners Association Information
Security: Burglar Alarm, Fire Alarm, Smoke Detector(s), Dead Bolt Lock(s)

Location Details
Directions: FROM WALNUT GROVE RD & YATES GO SOUTH ON YATES TO LEFT ON SHADY GROVE PROPERTY 2ND HOME TO THE RIGHT
MAAR Subdivision Name: SHADY WOODS CV

Public facts

Beds: 4
Baths: 4.5
Sq. Ft.: 3,911
Stories: 1.2
Lot Size: 0.43 acres
Style: Single Family Residential
Year Built: 1965
Year Renovated: —
County: Shelby County
APN: 056055 00002

Home facts updated by county records on Jul 13, 2026

Around this home

Schools

White Station Elementary School

Public PreK-5 • Assigned • 1.8mi

6/10

White Station Middle School

Public 6-8 • Assigned • 1.2mi

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 110° expected this year, 21 days in 30 years

4/10 Wind Factor

22% 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 • 38120

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

$550,000 – $665,000

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

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New listings for sale in 38120

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Home values near 5581 Shady Grove Rd

Data from public records.

Address	Redfin Estimate
5571 Shady Grove Road, Memphis, TN 4 Beds \| 3 Baths \| 3664 Sq. Ft.	$488,192
5600 Saint Joseph Freeway, Memphis, TN 5 Beds \| 7 Baths \| - Sq. Ft.	$1,684,415

Address	Redfin Estimate
5631 Shady Grove Road, Memphis, TN 4 Beds \| 4 Baths \| 4500 Sq. Ft.	$770,497
339 Shady Woods Cove, Memphis, TN 4 Beds \| 3.5 Baths \| 3631 Sq. Ft.	$519,236

Address	Redfin Estimate
5555 Shady Grove Road, Memphis, TN 6 Beds \| 6 Baths \| 5675 Sq. Ft.	$790,511
360 S Yates Road, Memphis, TN 4 Beds \| 2 Baths \| 3000 Sq. Ft.	$435,579

Property information provided by Memphis Area Association of Realtors(R) MLS when last listed in 2017. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 38120, TN

Sale history for 5581 Shady Grove Rd

Tax history for 5581 Shady Grove Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 38120

Home values near 5581 Shady Grove Rd

More real estate resources