REDUCED $359,500 MAKE OFFER REDUCED PRICE!!! Beautiful Corner Lot in Walnut Grove Estates Home has updated kitchen with new cook top LARGE GAME RM, BEAUTIFUL ENTRY & STAIRCASE, MASTER BEDROOM DOWN Rear patio with large back yard. 2 car garage, easy to show
Property Details
Property Features
Property Information:
Architectural Style: Traditional
Year Built: 1988
Stories: 1
Listing Office:
Office Name: Germantown Luxury Homes, LLC
Interior Features
Interior Information:
Appliances: Microwave
Flooring Type: Part Hardwood, Part Carpet, Tile
Bedroom and Bathroom Information:
Partial Bathrooms: 1
Full Bathrooms: 2
Total Bedroom Count: 3
Exterior Features
Exterior Information:
Exterior: Wrought Iron Security Drs, Patio
Parking Information:
Parking: Garage Door Opener(s)
Lot Features
Lot Information:
Lot: Corner Lot
Lot Size: 0.42 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air
School Info
Assigned Schools Information:
Memphis Virtual School, Public District Grades 6-12
Other
Directions Information:
Directions: USE GPS
Price Information
Listing Price Info
Price Summary:
List Price: $359,500
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Memphis, TN.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,862
Per Month
Principal & Interest
$1,795
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,144
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
High School
1
/10
Memphis Virtual School
3772 Jackson Ave
Distance between this listing and this school10.09 miles
Public District Grades 6-12
Nearby Schools
3
/10
Cordova Elementary School
750 N Sanga Rd
Distance between this listing and this school1.32 miles
Public Magnet Grades PK-5
6
/10
Riverwood Elementary School
1330 Stern Ln
Distance between this listing and this school2.39 miles
Public Magnet Grades PK-5
7
/10
Macon-Hall Elementary School
9800 Macon Rd
Distance between this listing and this school3.16 miles
Public District Grades PK-5
Nearby Schools
2
/10
Cordova Middle School
900 N Sanga Rd
Distance between this listing and this school1.56 miles
Public Magnet Grades 6-8
6
/10
Germantown Middle School
7925 Cd Smith Rd
Distance between this listing and this school4.05 miles
Public District Grades 6-8
5
/10
Dexter Middle School
6998 East Raleigh
Distance between this listing and this school4.08 miles
Public District Grades 5-8
Assigned Schools
1
/10
Memphis Virtual School
3772 Jackson Ave
Distance between this listing and this school10.09 miles
Public District Grades 6-12
Nearby Schools
4
/10
Cordova High School
1800 Berryhill Rd
Distance between this listing and this school3.40 miles
Public District Grades 9-12
4
/10
Germantown High School
7653 Old Poplar Pk
Distance between this listing and this school3.74 miles
The neighbors living near this home have an average income of $97,612. Most Memphis, TN residents have annual incomes between $35k-100k. Typical family type is married, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 8747 Walnut Grove Rd
What is the listing price of this property?
The listing price of 8747 Walnut Grove Rd property is $359,500.
What type of property is this?
The property 8747 Walnut Grove Rd is a house located in Memphis, Tennessee, 38018.
Is this property for sale now?
Active Listing: 8747 Walnut Grove Rd is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 8747 Walnut Grove Rd are: Memphis Virtual School: GreatSchools Rating 1/10
How many bedrooms and bathrooms does this property have?
The property at 8747 Walnut Grove Rd has 3 bedrooms and 2 full and 1 half bathrooms.
Which year was this property built?
The year of construction for 8747 Walnut Grove Rd is 1988.
This home is located at 8747 Walnut Grove Rd in Memphis, TN and zip code 38018 in the Walnut Grove neighborhood. This home, which was built in 1988, sits on a 0.42 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 05, 2023 and is currently priced at $359,500.
In March 2024 more than 82 listings in Memphis, TN were sold above the asking price. During the same period more than 107 listings were sold at asking price, while more than 199 were sold below. The inventory of homes for sale in Memphis, TN between February 2024 and March 2024 increased by 16%.
From Rocket Homes Real Estate and based on county public records data.