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For sale
  • $420,000

    194 Wallace Rd, Memphis, TN 38117

    3beds
    2,044sqft
    : 
    Single Family Residence
    Built in 1955
    0.28 Acres Lot
    $412,400 Zestimate®
    $205/sqft
    $-- HOA

    What's special

    Gas stoveFreshly painted insideStainless-steel appliancesTwo separate living spacesPlantation shuttersBright and welcoming flowBeautiful brick charmer
    Beautiful brick charmer in Pidgeon Estates, with two separate living spaces for the way you really live today! With a bright and welcoming flow, this home features plantation shutters, a dining area framed by French doors, and an updated kitchen with granite countertops, stainless-steel appliances, and a gas stove that is ready for your next gathering. The true heart-stealer is the huge play/bonus room, filled with natural light and more French doors, perfect for movie nights, game days, a home office, or the perfect space to stay home when friends come over. Large fenced backyard and patio with pendants light ready to enjoy morning coffee, weekend grilling, and warm-weather evenings under the glow. Freshly painted inside, with a brand-new water heater, refrigerator, washer, and dryer that stays, this home is move-in ready so you can start living right away. Don't miss this one out!
    52 days
    |
    989
    |
    28
    |

    Zillow last checked: 8 hours ago

    Listing updated: February 21, 2026 at 07:28am

    Listed by:

    Carla Quintero,

    REMAX Experts 901-685-6000

    Source: MAAR,MLS#: 10212620MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Play Room, Bonus Room
    Primary bedroom
    • Features: Hardwood Floor
    • Level: First
    • Area: 165
    • Dimensions: 11 x 15
    Bedroom 2
    • Features: Shared Bath, Hardwood Floor
    • Level: First
    Bedroom 3
    • Features: Shared Bath, Built-in Features, Hardwood Floor
    • Level: First
    Primary bathroom
    • Features: Full Bath
    Dining room
    • Features: Separate Dining Room
    • Area: 121
    • Dimensions: 11 x 11
    Living room
    • Features: Separate Living Room
    • Area: 234
    • Dimensions: 13 x 18
    Den
    • Area: 364
    • Dimensions: 13 x 28
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Electric Water Heater
    Features
    • All Bedrooms Down, 2 Full Primary Baths, Half Bath Down, Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1/2 Bath, Play Room/Recreation Room, Square Feet Source: Appraisal
    • Flooring: Hardwood, Tile
    • Windows: Wood Frames
    • Basement: Crawl Space
    • Has fireplace: No
    Interior area
    • Total interior livable area: 2,044 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage Door Opener, Garage Faces Front
    • Has garage: Yes
    • Covered spaces: 2
    Features
    • Stories: 1
    • Patio & porch: Patio
    • Pool features: None
    • Fencing: Wood
    Lot
    • Size: 0.28 Acres
    • Dimensions: 90 x 140
    • Features: Landscaped, Professionally Landscaped
    Details
    • Parcel number: 055017 00013

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence
    Materials
    • Brick Veneer
    • Roof: Composition Shingles
    Condition
    • New construction: No
    • Year built: 1955

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Magnolia Park Third Addition
    Location
    • Region: Memphis

    Financial & listing details

    • Price per square foot: $205/sqft
    • Tax assessed value: $391,400
    • Annual tax amount: $5,157
    • Price range: $420K - $420K
    • Date on market: 1/10/2026
    • Cumulative days on market: 39 days
    • Listing terms: Conventional,FHA,VA Loan
    Get pre-qualifiedBe ready to make an offer.
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    Estimated market value

    $412,400

    $392,000 - $433,000

    $2,330/mo

    Price history

    Price history
    DateEventPrice
    2/19/2026Listed for rent$2,500$1/sqft
    Source: Zillow Rentals Report a problem
    2/13/2026Listed for sale$420,000$205/sqft
    Source: MAAR #10212620 Report a problem
    1/29/2026Pending sale$420,000$205/sqft
    Source: MAAR #10212620 Report a problem
    1/10/2026Listed for sale$420,000+5.3%$205/sqft
    Source: MAAR #10212620 Report a problem
    5/5/2023Sold$399,000$195/sqft
    Source: MAAR #10144397 Report a problem
    4/14/2023Pending sale$399,000$195/sqft
    Source: MAAR #10144397 Report a problem
    4/4/2023Contingent$399,000$195/sqft
    Source: MAAR #10144397 Report a problem
    3/31/2023Listed for sale$399,000$195/sqft
    Source: MAAR #10144397 Report a problem
    3/27/2023Contingent$399,000$195/sqft
    Source: MAAR #10144397 Report a problem
    3/23/2023Listed for sale$399,000-3.8%$195/sqft
    Source: MAAR #10144397 Report a problem
    1/28/2023Listing removed--
    Source: MAAR #10131004 Report a problem
    11/3/2022Price change$414,900-2.4%$203/sqft
    Source: MAAR #10131004 Report a problem
    9/22/2022Price change$425,000-4.3%$208/sqft
    Source: MAAR #10131004 Report a problem
    9/16/2022Price change$444,000-1.1%$217/sqft
    Source: MAAR #10131004 Report a problem
    8/13/2022Listed for sale$449,000+32.1%$220/sqft
    Source: MAAR #10131004 Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    1/25/2018Sold$340,000-2.9%$166/sqft
    Source: Public Record Report a problem
    12/1/2017Price change$349,999-2.2%$171/sqft
    Source: Owner Report a problem
    11/10/2017Listed for sale$357,700+87.4%$175/sqft
    Source: Owner Report a problem
    4/15/2013Sold$190,875-3.6%$93/sqft
    Source: MAAR #3266189 Report a problem
    3/13/2013Pending sale$198,000$97/sqft
    Source: Crye-Leike #3266189 Report a problem
    3/2/2013Listed for sale$198,000$97/sqft
    Source: Crye-Leike #3266189 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2025$5,157 -5.5%$97,850 +18.1%
    2024$5,456 +8.1%$82,850
    2023$5,047 $82,850
    2022-- $82,850
    2021-- $82,850 +21.9%
    2020$2,172 $67,975
    2019$2,172 -17.7%$67,975 +4.3%
    2018$2,639 -37.6%$65,150 +13.8%
    2017$4,226 +144.9%$57,250 +12.8%
    2016$1,725 -4.2%$50,750 +6.3%
    2014$1,801 $47,725 -28%
    2013-- $66,325 +17.4%
    2012-- $56,475
    2011-- $56,475
    2010-- $56,475 -10.3%
    2009-- $62,925 +25.3%
    2008-- $50,225
    2007-- $50,225
    2006-- $50,225
    2005-- $50,225 +34.2%
    2004-- $37,425
    2003-- $37,425
    2002-- $37,425
    2001-- $37,425 +16.6%
    2000-- $32,100

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $2,320/mo
    Principal & interest
    $1984
    Property taxes
    $336

      Climate risks

      Neighborhood: East Memphis-Colonial-Yorkshire

      Getting around

      19 / 100
      Minimal Transit

      Nearby schools

      GreatSchools rating

      Local experts in 38117

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