$6,650 Closing Credit¹
#10194924, Listing Office: Weichert, REALTORS-BenchMark
$550,000 List price
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
- Partial Bathrooms: 1
- Full Bathrooms: 2
- Appliances: Double Oven, Cooktop, Gas Range, Disposal, Dishwasher, Refrigerator
- Flooring Type: Part Hardwood, Tile, Slate, Smooth Ceiling, Textured Ceiling
- Interior: Excl Some Window Treatmnt, Pull Down Attic Stairs, Attic Access, Security System, Smoke Detector(s), Monitored Alarm
- Fireplace: Vented Gas Fireplace, In Den/Great Room, In Keeping/Hearth room, Gas Starter, Gas Logs
- Total Bedroom Count: 4
- Parking: Driveway/Pad,Storage Room(s),Garage Door Opener(s),Side-Load Garage, Garage
- Exterior: Pool Cleaning Equipment, Porch, Patio, Covered Patio, Deck, Wood Fence
- Architectural Style: Traditional
- Heating: Central, Electric, Dual System
- Cooling: Other, Dual
- List Price: $550,000
- Annual Tax Amount: $6,189
- Tax Year: 2024
- Lot: Few Trees, Corner Lot, Landscaped, Fencing
- Directions: Coming from I-240 go west on Walnut Grove. Home is located on the right at the corner of Oak Grove and Walnut Grove. Driveway is on Oak Grove.
- Year Built: 1959
- Stories: 2
- Lot Size: 0.46 Acres
- 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: 5/9/2025, 11:20:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$550,000
5490 Walnut Grove Rd
$6,531
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 09, 2007 | Home Sold | $385,000 |
| Feb 05, 2007 | Home Sold | $255,000 |
Tax history
| Year | Assessment | Property 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.
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. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
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/backpacking
Continuing Education Courses
Symphony or Opera
Where do the neighbors shop?
Nordstrom Rack
Express/Express For Men
Chico's
Where do the neighbors go to eat?
Chipotle
Qdoba
Boston Market
What do the neighbors drive?
Mazda
Volkswagen
Volvo
What do the neighbors listen to?
Rock
Urban Contemporary
Talk/Personality
All data provided by Home Junction and Claritas
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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 5490 Walnut Grove Rd
The listing price of 5490 Walnut Grove Rd property is $550,000.
The property 5490 Walnut Grove Rd is a house located in Memphis, Tennessee, 38120.
Active Listing: 5490 Walnut Grove Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5490 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 $6,189 (source: MLS/based on county public records data).
The last sale was on November 9, 2007 for $385,000 (source: MLS/tax record).
The property at 5490 Walnut Grove Rd has 4 bedrooms and 2 full and 1 half bathrooms.
The year of construction for 5490 Walnut Grove Rd is 1959.
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.
While more than 51 listings in Memphis, TN in April 2025 were sold above asking price, there were more than 116 listings sold at asking price, and more than 223 were sold below. Between March and April 2025, Memphis, TN real estate market has seen increase in the number of listings by 13.8%.
From Rocket Homes Real Estate and based on county public records data.