$550,000

5490 Walnut Grove Rd Memphis, TN 38120

$6,531
Closing credit¹
4 beds
2 full, 1 partial
0.5 acres
House

Property details

About 5490 Walnut Grove Rd

This stunning traditional 4 Bedroom/2.5 Bath home is conveniently located in the heart of East Memphis. This home has been completely renovated and meticulously. maintained. Open-concept is the key to the down Living. Kitchen and hearth room create a welcoming atmosphere, featuring granite countertops, stainless steel appliances, an island with a gas cooktop, top-of-the-line cabinetry, and gorgeous hardwood floors throughout the home. A thoughtfully designed expansion connected the home to the garage through a walkway with French doors and hardwood flooring. The spacious primary suite was reconfigured to include a luxurious tiled shower with a custom glass door, a new vanity, jacuzzi tub. Additional bathroom upgrades include new tile flooring, vanities, and modern fixtures in the full and half baths. Custom gunite pool with decorative concrete decking. The laundry room was transformed with custom cabinetry, a granite countertop. Upgrades and location make this home a rare find.

Highlights

Home typeSingle Family Residence
HeatingCentral, Electric, Dual System
StatusActive
CoolingOther, Dual
Lot size0.46 Acres
Year built1959
ParkingDriveway/Pad,Storage Room(s),Garage Door Opener(s),Side-Load Garage, Garage
MLS #10191053
FireplaceVented Gas Fireplace, In Den/Great Room, In Keeping/Hearth room, Gas Starter, Gas Logs

Summary

  • MLS Number: 10191053
  • Office Name: eXp 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: 4/16/2025, 7:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of property with brick siding, a chimney, and a porch

$550,000

5490 Walnut Grove Rd

$6,531

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Nov 09, 2007
Home Sold
$385,000
Feb 05, 2007
Home Sold
$255,000

Tax history

YearAssessmentProperty Tax
2024$101,600$6,189
2023$101,600$6,189
2022$101,600$6,261
2021$101,600$6,261
2020$91,425$6,624
2019$91,425$6,624
2018$91,425$3,613
2017$87,925$3,355

History based on county public records data.

Nearby schools

8

Richland Elementary School

Public District PK-5

0.3 mi

5440 Rich Rd

8

White Station Elementary School

Public District PK-5

1.4 mi

4840 Chickasaw Rd

4

Aurora Collegiate Academy

Public Charter KG-5

1.6 mi

4841 Summer Ave

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 $60,584. Typical income of Memphis, TN residents is between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

25%
<35k
48%
35k-100k
24%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

49%
Single, No Kids
8%
Single, with Kids
26%
Married, No Kids
17%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
7%
12-17 yrs old
31%
18-34 yrs old
37%
35-64 yrs old
15%
65+ yrs old

What do the neighbors do for fun?

  • Hiking/backpackingHiking/backpacking
  • Continuing Education CoursesContinuing Education Courses
  • Symphony or OperaSymphony or Opera

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • Express/Express For MenExpress/Express For Men
  • Chico'sChico's

Where do the neighbors go to eat?

  • ChipotleChipotle
  • QdobaQdoba
  • Boston MarketBoston Market

What do the neighbors drive?

  • MazdaMazda
  • VolkswagenVolkswagen
  • VolvoVolvo

What do the neighbors listen to?

  • RockRock
  • Urban ContemporaryUrban Contemporary
  • Talk/PersonalityTalk/Personality
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Memphis, TN

About 5490 Walnut Grove Rd

This home is located at 5490 Walnut Grove Rd in Memphis, TN and zip code 38120. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 1, 2025 and is currently priced at $550,000.

In March 2025, from all listings sold in Memphis, TN there were more than 46 sold above asking price, over 216 sold below and more than 105 were sold right at the asked price. In March 2025 in Memphis, TN there were 14.8% more homes for sale than in February.

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

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