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5330 Walnut Grove Rd, Memphis, TN, 38120

4beds
4baths
2,762sqft
$449,000
$163price/sqft
$3,235/moest. monthly cost
$129,400/yrincome needed

About This Home

Welcome to 5330 Walnut Grove Rd, a stately yet inviting home in one of Memphis’ most established neighborhoods. A covered front porch and circular drive lead into bright, sun-filled interiors with tall windows, refinished hardwoods, and elegant hardware. The main floor offers a formal living room, cozy den with wet bar, and renovated kitchen made for everyday living. Four spacious bedrooms include a generous primary suite and main-floor guest room, plus two upstairs bedrooms sharing a Jack and Jill bath with walk-in attic storage. Outdoors, the sizable backyard is a true gem, featuring a deck, screened porch with in-ground spa, pergola, and planter boxes - perfect for relaxing or entertaining. Circle drive and gated rear with side-load carport, just minutes from Baptist East, top private schools, and Richland Elementary.

Getting Around

7
WalkingCar-Dependent
16
TransitMinimal Transit
24
BikeSomewhat Bikeable

Schools

9/10
7/10
8/10
White Station High SchoolGrades 9-121.5 mi

Construction

Condition

  • Year built: 1965

Materials

  • Roof: Composition Shingles
  • Construction materials: Brick Veneer

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Range/Oven,Gas Cooktop,Disposal,Dishwasher
  • Laundry features: Laundry Room

Bedroom2

  • Features: Hardwood Floor,Shared Bath
  • Level: Second
  • Area: 169

Bedroom3

  • Features: Hardwood Floor,Shared Bath,Walk-In Closet(s)
  • Level: Second
  • Area: 247

Bedroom4

  • Features: Hardwood Floor,Shared Bath,Walk-In Closet(s)
  • Level: Second
  • Area: 187

Bedrooms & Bathrooms

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

Den

  • Area: 247

Dining Room

  • Features: Separate Dining Room
  • Area: 156

Features

  • 1 or More BR Down,Primary Down,Wet Bar,2 or More Baths,2nd Bedroom,Den/Great Room,Dining Room,Kitchen,Living Room,Primary Bedroom,1 Bath,2nd Bedroom,3rd Bedroom,Storage,Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
  • Window features: Window Treatments
  • Flooring: Hardwood
  • Number of fireplaces: 1
  • Fireplace features: In Den/Great Room,Masonry
  • Fireplace: Yes
  • Attic: Walk-In

Heating & Cooling

  • Heating features: Central,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 2,762 sqft

Kitchen

  • Features: Eat-in Kitchen
  • Area: 198

Living Room

  • Features: Separate Den,Separate Living Room
  • Area: 221

Master Bathroom

  • Features: Tile Floor,Full Bath

Master Bedroom

  • Features: Hardwood Floor
  • Level: First
  • Area: 255

Property

Details

  • Parcel number: 068022 00021

Features

  • Stories: 1
  • Pool features: None
  • Patio & porch: Porch,Screen Porch,Deck
  • Exterior features: Dog Run,Storage,Pet Area

Lot

  • Lot size: 0.40 Acres
  • Features: Some Trees
  • Lot size dimensions: 100 x 178

Parking

  • Total spaces: 2
  • Parking features: Circular Driveway,Gated,More than 3 Coverd Spaces,Storage
  • Covered spaces: 2
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Earthquake
    EarthquakeModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Earthquake
Tornado

FEMA Declared Disasters Across Tennessee Counties

Flood
Freezing
Severe Ice Storm
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,270$27,240
Home Insurance $379$4,548
Property Taxes $362$4,344
Electricity $224$2,692
Total$3,235$38,820

Income You'd Need if You Spent...

35% on housing$110,914/yr
40% on housing$97,050/yr
45% on housing$86,266/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.5%
6.5%
0%30.0%
Electricity Growth Rate10-year average: 4.5%
4.5%
0%15.0%
Property Taxes Growth Rate2-year average: -0.8%
-0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$163This listing

vs Other Active Listings

Avg $/sqft

ZIP 38120$160
Shelby County$117

vs Homes Sold Last Month

Median $/sqft

ZIP 38120$161
Shelby County$132

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-01-13Listed for sale$479,900
2024-09-16Sold$360,000
2024-08-21Pending sale$375,000
2024-06-01Price change$375,000
2024-05-02Listed for sale$389,000
2014-11-21Sold$283,500
2014-10-30Price change$299,500
2014-10-21Price change$319,000
2014-08-08Price change$339,900
2014-07-12Listed for sale$349,900
1997-08-18Sold$190,000

For Sale by Agent

AgentScott Perryman
BrokerageThe Porter Group

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