5385 Walnut Grove Rd, Memphis, TN, 38120
About This Home
Step into luxury with this fully updated 5 bedroom, 3 bath home nestled in one of East Memphis’ most desirable neighborhoods. This spacious residence offers a modern open concept floor plan with high end finishes throughout. The gourmet kitchen features quartz counter tops, custom cabinetry, and stainless steel appliances perfect for everyday living and entertaining. Retreat to the primary suite with a spa inspired bathroom. Each additional bedroom is generously sized with ample closet space. All bathrooms have been completely renovated with contemporary fixtures and designer tile work. New flooring, new windows, custom wet bar, fresh paint inside and out, new lighting, and plumbing fixtures, gorgeous office space, separate sitting area, new electric fireplace, automatic electric gate for added convenience and ample parking. This home blends timeless charm with modern sophistication move in ready and waiting for you!
Getting Around
Car-Dependent
Minimal Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1963
Materials
- Construction materials: Brick Veneer
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Single Family Residence
Interior
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Dining Room
- Features: Separate Dining Room
Features
- 1 or More BR Down,Renovated Bathroom,Luxury Primary Bath,Square Feet Source: measured
- Flooring: Part Hardwood,Tile
- Number of fireplaces: 1
- Fireplace: Yes
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total interior livable area: 3,758 sqft
Kitchen
- Features: Updated/Renovated Kitchen,Eat-in Kitchen,Breakfast Bar
Living Room
- Features: Separate Living Room
Property
Details
- Parcel number: 068024 00003
- Attached to another structure: Yes
Features
- Stories: 1
- Pool features: None
- Exterior features: Sidewalks
- Fencing: Wood Fence
- Living area range: 3600-3799
Lot
- Lot size: 0.47 Acres
- Features: Some Trees
- Lot size dimensions: 110 x 185
Parking
- Total spaces: 4
- Parking features: Driveway/Pad
- Covered spaces: 4
- 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
- Earthquake
- Heat Wave
- Tornado
- Inland Flooding
How This Home’s Risks Compare
FEMA Declared Disasters Across Tennessee Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,028 | $36,336 |
| Home Insurance | $506 | $6,072 |
| Property Taxes | $484 | $5,808 |
| Electricity | $305 | $3,664 |
| Total | $4,323 | $51,876 |
Income You'd Need if You Spent...
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-16 | Price change | $599,000 |
| 2025-10-24 | Price change | $649,000 |
| 2025-06-27 | Price change | $665,000 |
| 2025-05-13 | Listed for sale | $685,000 |
| 2024-01-11 | Sold | $473,000 |
| 2023-10-10 | Sold | $454,500 |
| 2022-12-05 | Sold | $290,000 |
| 2021-09-03 | Sold | $290,000 |
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