$8,301 Closing Credit¹
#10195278, Listing office: River City Land Co., LLC
$685,000 List price
5385 Walnut Grove Rd Memphis, TN 38120
$8,134
Closing credit¹
5 beds
3 full, 1 partial
0.5 acres
Townhouse
Property details
About 5385 Walnut Grove Rd
Step into luxury with this fully updated 5-bedroom, 3-bath home nestled in one of East Memphis’ most desirable neighborhoods. This spacious residence offers a modern open-concept floor plan with high-end finishes throughout. The gourmet kitchen features quartz countertops, custom cabinetry, and stainless steel appliances—perfect for everyday living and entertaining. Retreat to the primary suite with a spa-inspired bathroom. Each additional bedroom is generously sized with ample closet space. All bathrooms have been completely renovated with contemporary fixtures and designer tile work. This home blends timeless charm with modern sophistication—move-in ready and waiting for you!
Highlights
Home typeTownhouse
HeatingCentral
StatusActive
CoolingCentral Air
Lot size0.47 Acres
Year built1963
ParkingDriveway/Pad
MLS #10196587
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 3
- Flooring Type: Part Hardwood, Tile
- Total Bedroom Count: 5
- Parking: Driveway/Pad
- Exterior: Wood Fence, Sidewalks
- Architectural Style: Traditional
- Heating: Central
- Cooling: Central Air
- List Price: $685,000
- Annual Tax Amount: $6,198
- Tax Year: 2024
- Lot: Few Trees
- Directions: North on S White Station left on Walnut Grove home is on the right.
- Year Built: 1963
- Stories: 1
- Lot Size: 0.47 Acres
- MLS Number: 10196587
- Office Name: Renshaw Company, REALTORS
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: 6/7/2025, 12:55:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$685,000
5385 Walnut Grove Rd
$8,134
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 11, 2024 | Home Sold | $473,000 |
| Dec 05, 2022 | Home Sold | $290,000 |
| Sep 03, 2021 | Home Sold | $290,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $101,750 | $6,198 |
| 2023 | $101,750 | $6,198 |
| 2022 | $101,750 | $2,760 |
| 2021 | $101,750 | $2,760 |
| 2020 | $92,750 | $6,720 |
| 2019 | $92,750 | $6,720 |
| 2018 | $92,750 | $3,812 |
| 2017 | $92,750 | $3,577 |
History based on county public records data.
Nearby schools
8
Richland Elementary School
Public District PK-5
0.4 mi
•5440 Rich Rd
8
White Station Elementary School
Public District PK-5
1.2 mi
•4840 Chickasaw Rd
4
Aurora Collegiate Academy
Public Charter KG-5
1.5 mi
•4841 Summer Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $126,014. The majority of Memphis, TN residents have income $200k+ annually. The most common type of family is married, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
18%
<35k
25%
35k-100k
24%
100k-200k
33%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
25%
Single, No Kids
5%
Single, with Kids
42%
Married, No Kids
28%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
11%
12-17 yrs old
12%
18-34 yrs old
42%
35-64 yrs old
21%
65+ yrs old
What do the neighbors do for fun?
Skiing/snowboarding
Men's Tennis
Hiking/backpacking
Where do the neighbors shop?
Nordstrom
Bloomingdales
Nordstrom Rack
Where do the neighbors go to eat?
California Pizza Kitchen
Bonefish Grill
Chipotle
What do the neighbors drive?
BMW
Lexus
Mazda
What do the neighbors listen to?
Talk/Personality
News
Rock
All data provided by Home Junction and Claritas
Similar homes for sale
Frequently asked questions
Living in Memphis, TN
Memphis features a comprehensive transport infrastructure that includes a public transit system serving residents and visitors alike. The city's layout and road network facilitate easy commuting by car, with major highways connecting Memphis to surrounding areas. While certain neighborhoods are known for their walkability, the city as a whole is continuously working to improve pedestrian and bike paths to enhance accessibility and encourage eco-friendly modes of transport.
The community benefits from a well-rounded selection of services, including a network of public and private schools that cater to educational needs at all levels. Healthcare facilities are distributed throughout the city, offering a range of services from routine care to specialized treatments. Public libraries serve as valuable resources for residents, and the city's retail and dining establishments reflect the local culture, with an emphasis on Southern cuisine and unique boutiques.
Memphis is celebrated for its vibrant music scene and rich cultural heritage, which are integral to the city's character. The community prides itself on being the home of blues, soul, and rock 'n' roll, with landmarks such as Beale Street and the annual Memphis in May festival highlighting its musical legacy. The city's character is further defined by its friendly residents and a sense of small-town camaraderie amidst its urban setting.
Memphis offers a diverse array of housing options, with single-family homes being a significant part of the market. Architectural styles range from charming historic bungalows to sleek contemporary new builds. The housing landscape is varied, with a mix of older homes that reflect the city's rich history and newer developments that cater to modern living preferences. While the homeownership rate is robust, there is also a healthy rental market that provides options for those not looking to buy.
About 5385 Walnut Grove Rd
The listing price of 5385 Walnut Grove Rd property is $685,000.
The property 5385 Walnut Grove Rd is a townhouse located in Memphis, Tennessee, 38120.
Active Listing: 5385 Walnut Grove Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5385 Walnut Grove Rd are: Richland Elementary School (GreatSchools Rating 8/10), White Station Elementary School (GreatSchools Rating 8/10), Aurora Collegiate Academy (GreatSchools Rating 4/10), White Station Middle School (GreatSchools Rating 8/10), Colonial Middle School (GreatSchools Rating 4/10), University Middle School (GreatSchools Rating 6/10), White Station High School (GreatSchools Rating 8/10), Ridgeway High School (GreatSchools Rating 2/10), Kingsbury High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $6,198 (source: MLS/based on county public records data).
The last sale was on January 11, 2024 for $473,000 (source: MLS/tax record).
The property at 5385 Walnut Grove Rd has 5 bedrooms and 3 full and 1 half bathrooms.
The year of construction for 5385 Walnut Grove Rd is 1963.
This home is located at 5385 Walnut Grove Rd in Memphis, TN and zip code 38120. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 13, 2025 and is currently priced at $685,000.
In May 2025 more than 70 listings in Memphis, TN were sold above the asking price. During the same period more than 110 listings were sold at asking price, while more than 263 were sold below. The inventory of homes for sale in Memphis, TN between April and May 2025 increased by 11.3%. While the average time on the market in May 2025 was 10 days, the median list price was $220,000.
From Rocket Homes Real Estate and based on county public records data.