$4,738

closing credit¹

5038 Walnut Grove Rd Memphis, TN 38117

$399,000
3 beds
2 full
0.5 acres
House

Property details

About 5038 Walnut Grove Rd

This house is stunning, nestled on half an acre, this home boasts a beautiful southern front porch as well as a back deck and manicured grounds, perfect for entertaining. Natural light pours in from every window with beautiful hardwood floors throughout and an updated kitchen. Formal dining and living room as well as an open kitchen/ den concept. Two vented gas fireplaces, tons of storage and deep closets! All appliances are kitchenAid. Automatic iron gate and two car carport out back.

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air, Other
BasementYes
Lot size0.52 Acres
Year built1956
ParkingGated Parking,Gate Clickers, Carport
MLS #10176597
FireplaceVented Gas Fireplace, In Living Room, In Den/Great Room
ViewOther

Summary

  • MLS Number: 10176597
  • Office Name: KAIZEN Realty, LLC

Copyright© 2025 Memphis Area Association of REALTORS. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/30/2025, 3:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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single story home featuring a front lawn

$399,000

5038 Walnut Grove Rd

$4,738

closing credit¹

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Price information

Property sales

DateEventPrice
Aug 31, 2018
Home Sold
$344,900
Apr 30, 2018
Home Sold
$185,000
Sep 05, 2008
Home Sold
$160,000
Jul 24, 2008
Home Sold
$130,000

Tax history

YearAssessmentProperty Tax
2024$90,350$5,503
2023$90,350$5,503
2022$90,350$5,568
2021$90,350$5,568
2020$67,875$4,918
2019$67,875$3,927
2018$54,200$2,227
2017$54,200$2,070

History based on county public records data.

Nearby schools

8

White Station Elementary School

Public District PK-5

0.7 mi

4840 Chickasaw Rd

8

Richland Elementary School

Public District PK-5

0.8 mi

5440 Rich Rd

4

Berclair Elementary School

Public District PK-5

1.7 mi

810 N Perkins Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $92,368. Most Memphis, TN residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

16%
<35k
39%
35k-100k
34%
100k-200k
11%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

36%
Single, No Kids
6%
Single, with Kids
34%
Married, No Kids
24%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
7%
12-17 yrs old
19%
18-34 yrs old
41%
35-64 yrs old
17%
65+ yrs old

What do the neighbors do for fun?

  • Hiking/backpackingHiking/backpacking
  • Skiing/snowboardingSkiing/snowboarding
  • Men's TennisMen's Tennis

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • NordstromNordstrom
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • ChipotleChipotle
  • California Pizza KitchenCalifornia Pizza Kitchen
  • Bonefish GrillBonefish Grill

What do the neighbors drive?

  • MazdaMazda
  • BMWBMW
  • LexusLexus

What do the neighbors listen to?

  • RockRock
  • Talk/PersonalityTalk/Personality
  • NewsNews
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Memphis, TN

About 5038 Walnut Grove Rd

This home is located at 5038 Walnut Grove Rd in Memphis, TN and zip code 38117. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 10, 2024 and is currently priced at $399,000.

While more than 61 listings in Memphis, TN in December 2024 were sold above asking price, there were more than 97 listings sold at asking price, and more than 237 were sold below. The inventory of homes for sale in Memphis, TN between November and December 2024 increased by 1.5%. The median list price of listings available in December 2024 was $190,593, while the average time on the real estate market was 67 days.

From Rocket Homes Real Estate and based on county public records data.

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