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5256 Collingwood Rd, Memphis, TN, 38117

5beds
3baths
2,647sqft
$584,000
$221price/sqft
$4,135/moest. monthly cost
$165,400/yrincome needed

About This Home

Beautiful home nestled in the heart of Walnut Grove Hills! This stunning 5 bedroom, 3 full bathroom blends modern luxury with timeless charm, offering real hardwood floors throughout and a spacious, open-concept layout perfect for entertaining. Beautifully updated kitchen, featuring sleek countertops, stainless steel appliances, and ample cabinetry. The master suite is a true retreat, boasting a newly renovated bathroom with designer finishes and 2 generous walk-in closet. Each bathroom has been thoughtfully updated, ensuring comfort and style for every member of the household. Enjoy movie nights in your dedicated media room or host game nights in the expansive game room. The large front and back yards provide plenty of space for outdoor fun, complete with a play set for the kids and a storage shed for all your tools and toys. The two-car garage offers convenience and extra storage.

Getting Around

8
WalkingCar-Dependent
15
TransitMinimal Transit
34
BikeSomewhat Bikeable

Schools

5/10
7/10
8/10
White Station High SchoolGrades 9-121.2 mi

Construction

Condition

  • Year built: 1964

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other (See Remarks)
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Range/Oven,Disposal,Dishwasher,Microwave,Refrigerator
  • Laundry features: Laundry Room,Laundry Closet

Bedroom2

  • Features: Walk-In Closet(s),Smooth Ceiling,Hardwood Floor

Bedroom3

  • Features: Walk-In Closet(s),Smooth Ceiling,Hardwood Floor

Bedroom4

  • Features: Walk-In Closet(s),Smooth Ceiling,Hardwood Floor

Bedroom5

  • Features: Walk-In Closet(s),Smooth Ceiling,Hardwood Floor

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3

Den

  • Area: 360

Dining Room

  • Features: Separate Dining Room
  • Area: 360

Features

  • Primary Down,Renovated Bathroom,Luxury Primary Bath,Double Vanity Bath,Separate Tub & Shower,2 Full Primary Baths,Full Bath Down,Smooth Ceiling,In-Law Floorplan,Storage,Square Feet Source: Appraisal
  • Number of fireplaces: 1
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 2,647 sqft

Kitchen

  • Features: Updated/Renovated Kitchen,Eat-in Kitchen,Breakfast Bar,Pantry,Washer/Dryer Connections

Living Room

  • Features: Separate Living Room
  • Area: 576

Master Bathroom

  • Features: Full Bath

Master Bedroom

  • Features: Walk-In Closet(s),Smooth Ceiling,Hardwood Floor
  • Area: 576

Property

Details

  • Parcel number: 068029 00038

Features

  • Stories: 2
  • Pool features: None
  • Patio & porch: Porch,Patio,Deck
  • Waterfront features: Cove

Lot

  • Lot size: 0.36 Acres
  • Lot size dimensions: 100 x 160

Parking

  • Total spaces: 2
  • Parking features: Driveway/Pad,Garage Door Opener
  • Has garage: Yes
  • 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
  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Cold Wave
Earthquake
Heat Wave
Tornado
Inland Flooding

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 $2,953$35,436
Home Insurance $495$5,940
Property Taxes $472$5,664
Electricity $215$2,580
Total$4,135$49,620

Income You'd Need if You Spent...

35% on housing$141,771/yr
40% on housing$124,050/yr
45% on housing$110,266/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

$221This listing

vs Other Active Listings

Avg $/sqft

ZIP 38117$153
Shelby County$117

vs Homes Sold Last Month

Median $/sqft

ZIP 38117$173
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)

No zestimate history available

Price History

DateEventPrice
2026-03-27Listed for sale$600,000
2026-03-24Listing removed$600,000
2026-01-03Listed for sale$600,000
2025-12-22Listing removed$600,000
2025-11-03Listed for sale$600,000
2025-07-25Sold$315,000
1998-04-30Sold$230,000
1996-07-02Sold$173,000

For Sale by Agent

AgentMarcus Boles, Epique Realty
BrokerageEpique Realty

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