For sale

Price cut: $10K (2/27)

$579,900

5429 Walnut Grove Rd, Memphis, TN 38120

5beds

3,148sqft

Est.:

Single Family Residence

Built in 1966

0.52 Acres Lot

$568,700 Zestimate^®

$184/sqft

$-- HOA

What's special

Resort-style heated latham poolOriginal hardwood floorsRelaxing covered front porch

Centrally located in the heart of East Memphis, this luxury home features a resort-style heated Latham pool (2021) and a newly upgraded backyard with turf and landscaping (2023). A relaxing covered front porch welcomes you, while original hardwood floors, refinished in 2022, flow throughout the home. The home also boasts major updates, including new Andersen windows downstairs (2023), new roof (2023), and a 200-amp electrical panel with 50-amp portable generator inlet and interlock (2023). Other notable features include an in-ground irrigation system and electric security gate. Original architectural plans from the 1960s are included for those seeking to modernize the floor plan. Ideally located in one of East Memphis' most desirable neighborhoods, this home combines timeless character with modern conveniences.

227 days

745

34

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 4
Full bathrooms: 3
1/2 bathrooms: 1

Primary bedroom

Features: Hardwood Floor, Walk-In Closet(s)
Level: First
Area: 221
Dimensions: 17 x 13

Bedroom 2

Features: Hardwood Floor
Level: First
Area: 182
Dimensions: 14 x 13

Bedroom 3

Features: Hardwood Floor, Walk-In Closet(s)
Level: First
Area: 187
Dimensions: 17 x 11

Bedroom 4

Features: Hardwood Floor, Walk-In Closet(s)
Level: Second
Area: 130
Dimensions: 13 x 10

Bedroom 5

Features: Hardwood Floor, Walk-In Closet(s)
Level: Second
Area: 187
Dimensions: 17 x 11

Primary bathroom

Features: Full Bath

Dining room

Features: Separate Dining Room
Area: 208
Dimensions: 16 x 13

Kitchen

Features: Eat-in Kitchen, Pantry

Living room

Features: Separate Living Room
Area: 323
Dimensions: 19 x 17

Office

Features: Built-in Features, Hardwood Floor
Level: First
Area: 132
Dimensions: 12 x 11

Heating

Central

Cooling

Central Air

Features

1 or More BR Down, Full Bath Down, Half Bath Down, Primary Down, Smooth Ceiling, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
Flooring: Part Hardwood, Tile
Windows: Casement Window(s), Wood Frames
Number of fireplaces: 1

Interior area

Total interior livable area: 3,148 sqft

Property

Parking

Total spaces: 2
Parking features: Driveway/Pad, Gated
Covered spaces: 2
Has uncovered spaces: Yes

Features

Stories: 1.5
Has private pool: Yes
Pool features: Pool Heater, In Ground
Fencing: Wood

Lot

Size: 0.52 Acres
Dimensions: 110 x 205
Features: Level, Professionally Landscaped, Some Trees

Details

Parcel number: 068024 00007

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Condition

New construction: No
Year built: 1966

Community & HOA

Community

Subdivision: Walnut Grove Village 2nd Addn

Location

Region: Memphis

Financial & listing details

Price per square foot: $184/sqft
Tax assessed value: $550,600
Annual tax amount: $7,537
Price range: $579.9K - $579.9K
Date on market: 9/5/2025
Cumulative days on market: 228 days

Estimated market value

$568,700

$540,000 - $597,000

$3,685/mo

Price history

Date	Event	Price
2/27/2026	Price change	$579,900-1.7%$184/sqft
Source: MAAR #10205039 Report a problem
1/2/2026	Price change	$589,900-0.9%$187/sqft
Source: MAAR #10205039 Report a problem
11/15/2025	Price change	$595,000-0.8%$189/sqft
Source: MAAR #10205039 Report a problem
10/3/2025	Price change	$600,000-2.4%$191/sqft
Source: MAAR #10205039 Report a problem
9/5/2025	Listed for sale	$615,000+13.9%$195/sqft
Source: MAAR #10205039 Report a problem
10/5/2022	Sold	$540,000+1.9%$172/sqft
Source: MAAR #10131528 Report a problem
8/31/2022	Pending sale	$529,900$168/sqft
Source: MAAR #10131528 Report a problem
8/20/2022	Contingent	$529,900$168/sqft
Source: MAAR #10131528 Report a problem
8/19/2022	Listed for sale	$529,900+65.6%$168/sqft
Source: MAAR #10131528 Report a problem
2/13/2019	Sold	$320,000+3.3%$102/sqft
Source: MAAR #10044209 Report a problem
1/19/2019	Listed for sale	$309,900+17%$98/sqft
Source: Crye-Leike, Inc., REALTORS #10044209 Report a problem
8/2/2001	Sold	$264,950$84/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$7,255 -3.7%	$137,650 +20.3%
2024	$7,537 +8.1%	$114,450
2023	$6,972	$114,450 +13.6%
2022	--	$100,750
2021	--	$100,750 +12.4%
2020	$2,864	$89,600
2019	$2,864 -21.1%	$89,600
2018	$3,629 -45.1%	$89,600
2017	$6,614 +136.1%	$89,600 +8.8%
2016	$2,801 +18%	$82,375
2014	$2,373	$82,375
2013	--	$82,375 +10.7%
2012	--	$74,425
2011	--	$74,425
2010	--	$74,425
2009	--	$74,425 +5.9%
2008	--	$70,250
2007	--	$70,250
2006	--	$70,250
2005	--	$70,250 +6%
2004	--	$66,250
2003	--	$66,250
2002	--	$66,250 -4.6%
2001	--	$69,450 +46.4%
2000	--	$47,425