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For sale
  • $420,000

    194 Wallace Rd, Memphis, TN 38117

    3beds
    2,044sqft
    : 
    Single Family Residence
    Built in 1955
    0.28 Acres Lot
    $405,600 Zestimate®
    $205/sqft
    $-- HOA

    What's special

    Gas stoveLarge fenced backyardStainless-steel appliancesTwo separate living spacesFrench doorPlantation shuttersBright and welcoming flow
    Beautiful brick charmer in Pidgeon Estates, with the rare bonus of two separate living spaces for the way you really live today! With a bright and welcoming flow, this home features plantation shutters, a dining area framed by French doors, and an updated kitchen with granite countertops, stainless-steel appliances, and a gas stove that is ready for your next gathering. A brand-new water heater, refrigerator, washer, and dryer stay, so you can move in and start living right away. The true heart-stealer is the huge play/bonus room, filled with natural light and more French door, perfect for movie nights, game days, a home office, or the perfect space to stay home when friends come over. Large fenced backyard and patio with pendants light ready to enjoy morning coffee, weekend grilling, and warm-weather evenings under the glow. Don't miss this one out!
    3 days
    |
    979
    |
    45
    |

    Likely to sell faster than

    Zillow last checked: 8 hours ago

    Listing updated: January 10, 2026 at 12:48pm

    Listed by:

    Carla Quintero,

    REMAX Experts 901-685-6000

    Source: MAAR,MLS#: 10212620MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Play Room, Bonus Room
    Primary bedroom
    • Features: Hardwood Floor
    • Level: First
    • Area: 165
    • Dimensions: 11 x 15
    Bedroom 2
    • Features: Hardwood Floor, Shared Bath
    • Level: First
    Bedroom 3
    • Features: Built-in Features, Hardwood Floor, Shared Bath
    • Level: First
    Primary bathroom
    • Features: Full Bath
    Dining room
    • Features: Separate Dining Room
    • Area: 121
    • Dimensions: 11 x 11
    Living room
    • Features: Separate Living Room
    • Area: 234
    • Dimensions: 13 x 18
    Den
    • Area: 364
    • Dimensions: 13 x 28
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Electric Water Heater
    Features
    • All Bedrooms Down, 2 Full Primary Baths, Half Bath Down, Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1/2 Bath, Play Room/Recreation Room, Square Feet Source: Appraisal
    • Flooring: Hardwood, Tile
    • Windows: Wood Frames
    • Basement: Crawl Space
    • Has fireplace: No
    Interior area
    • Total interior livable area: 2,044 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage Door Opener, Garage Faces Front
    • Has garage: Yes
    • Covered spaces: 2
    Features
    • Stories: 1
    • Patio & porch: Patio
    • Pool features: None
    • Fencing: Wood
    Lot
    • Size: 0.28 Acres
    • Dimensions: 90 x 140
    • Features: Landscaped, Professionally Landscaped
    Details
    • Parcel number: 055017 00013

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence
    Materials
    • Brick Veneer
    • Roof: Composition Shingles
    Condition
    • New construction: No
    • Year built: 1955

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Magnolia Park Third Addition
    Location
    • Region: Memphis

    Financial & listing details

    • Price per square foot: $205/sqft
    • Tax assessed value: $331,400
    • Annual tax amount: $5,157
    • Price range: $420K - $420K
    • Date on market: 1/10/2026
    • Listing terms: Conventional,FHA,VA Loan
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    Estimated market value

    $405,600

    $385,000 - $426,000

    $2,324/mo

    Price history

    Price history
    DateEventPrice
    1/10/2026Listed for sale$420,000+5.3%$205/sqft
    Source: MAAR #10212620 Report a problem
    5/5/2023Sold$399,000$195/sqft
    Source: MAAR #10144397 Report a problem
    4/14/2023Pending sale$399,000$195/sqft
    Source: MAAR #10144397 Report a problem
    4/4/2023Contingent$399,000$195/sqft
    Source: MAAR #10144397 Report a problem
    3/31/2023Listed for sale$399,000$195/sqft
    Source: MAAR #10144397 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$5,456 +8.1%$82,850
    2023$5,047 $82,850
    2022-- $82,850

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $2,478/mo
    Principal & interest
    $1995
    Property taxes
    $336
    Home insurance
    $147

      Climate risks

      Neighborhood: East Memphis-Colonial-Yorkshire

      Nearby schools

      GreatSchools rating

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