Large Location Icon

189 Wallace Rd; Memphis, TN Property Details

189 Wallace Rd, Memphis, TN is a Single Family that was built in 1952. This property is currently Financed and is not for sale. Our records show that 189 Wallace Rd has 3 bedrooms, and 2 bathrooms, and a total of 1,851 square feet. The lot size of 189 Wallace Rd is 10,080 square feet.

Off market
189 Wallace Rd Memphis, TN 38117
$77,550 Estimated Value
3 Beds
2 Baths
1,851 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 1952
  • Purchase Price: $137,000
  • Est. Equity / %: $347,000 / 100%
  • Gross Yield: 8.625%
  • APN: 05-5009-0-0016
  • Situs County: Shelby
  • Length Of Ownership: 30 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 7

Structure

  • Stories: 1
  • Exterior Wall Type: Brick veneer
  • Building Condition: Average
  • Building Quality: A
  • Roof Type: Hip
  • Roof Cover Type: Composition Shingle
  • Deck: true

Measurements

  • Total: 1,851/SqFt
  • Lot: 10,080/SqFt
  • Gross: 1,851/SqFt
  • Garage: 500/SqFt
  • Living: 1,851/SqFt
  • Building: 1,851/SqFt
  • Ground: 1,851/SqFt
  • Garage Unfinished: 500/SqFt
  • Price Per Square Foot: $74.01
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Shelby County School District
  • Lat / Lon: 35.13661 / -89.924675
  • Subdivision: Magnolia Hills
  • Property Class: Residential
  • Zoning: R-10
  • County Use Code: 062

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2237
  • Bathroom Fixtures: 6
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Central

HOA

  • H O A One Name: Magnolia Hills Association
  • H O A One Type: Home Owner Association

Ownership Info

189 Wallace Rd has no associated ownership info
189 Wallace Rd has no associated ownership info.

Taxes

189 Wallace Rd has 10 associated Taxes items

189 Wallace Rd, Memphis, TN pays taxes in Shelby County, TN. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $77,550. The APN we've located for 189 Wallace Rd is 05-5009-0-0016.

Unlock the full report
Taxes
  • Assessed Value:  $77,550
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  05-5009-0-0016
  • Assessed Land Value:  23625
  • Market Land Value:  94500
  • Tax Amount:  2086.1
  • Tax Year:  2025
  • Market Value:  310200
  • Market Year:  2025

Tax History

189 Wallace Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $77,550 Land Value $23,625 Improvement Value $53,925 Tax Amount $2,086.1 Change Rate -0.128992% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $70,650 Land Value $23,625 Improvement Value $47,025 Tax Amount $2,395.04 Change Rate Assessed CR Tax Rate +0.0339%
Year 2023 Assessed Value $70,650 Land Value $23,625 Improvement Value $47,025 Tax Amount $2,395.04 Change Rate -0.443499% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $70,650 Land Value $23,625 Improvement Value $47,025 Tax Amount $4,303.75 Change Rate -0.011587% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $70,650 Land Value $23,625 Improvement Value $47,025 Tax Amount $4,354.2 Change Rate -0.017718% Assessed CR Tax Rate +0.061631%
Year 2020 Assessed Value $61,175 Land Value $23,625 Improvement Value $37,550 Tax Amount $4,432.74 Change Rate +1.267201% Assessed CR Tax Rate +0.07246%
Year 2019 Assessed Value $61,175 Land Value $23,625 Improvement Value $37,550 Tax Amount $1,955.16 Change Rate +0.000005% Assessed CR Tax Rate +0.03196%
Year 2018 Assessed Value $61,175 Land Value $23,625 Improvement Value $37,550 Tax Amount $1,955.15 Change Rate -0.023075% Assessed CR Tax Rate +0.03196%
Year 2017 Assessed Value $61,175 Land Value $23,625 Improvement Value $37,550 Tax Amount $2,001.33 Change Rate -0.013613% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $59,675 Land Value Improvement Value Tax Amount $2,028.95 Change Rate -0.221969% Assessed CR Tax Rate +0.034%
Year 2014 Assessed Value $59,675 Land Value Improvement Value Tax Amount $2,607.8 Change Rate +0.607411% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $1,622.36 Change Rate Assessed CR Tax Rate