Shelby County property record for 137 Wallace Rd, Memphis, TN 38117
| Property Type | Single Family Home |
|---|---|
| Details | 3 bd · 2 ba · 1,802 sqft · built 1955 |
| Lot Size | 0.225 acres (9,800 sqft) |
| Owner | 2 Individual Names on File |
| Last Sale | $420,000 (Jun 2022) |
| Tax Bill | $2,861 (2025) |
| Deeds & Mortgages | Jun 2021 Mortgage Jun 2022 Sale & Mortgage + 4 more |
| Flood Zone | Zone X (minimal risk) |
| APN | 05-5011-0-0005 |
| Primary APN | 05-5011-0-0005 |
|---|
| Bedrooms | 3 Beds |
|---|---|
| Full Baths | 2 Baths |
| Plumbing Fixtures | 6 Plumbing Fixtures |
| Total Rooms | 6 Rooms |
| Stories | 1 Story |
| Building Area | 1,802 sqft Living Area |
| 1st Floor Area | 1,802 sqft |
| Year Built | Built 1955 |
|---|---|
| Effective Year Built | Effective 2008 |
| Architectural Style | Traditional |
| Exterior Material | Brick Veneer |
| Foundation Type | Raised |
| Roof Type | Gable |
| Roof Material | Composition Shingle |
| Lot Area | 9,800 sqft (0.225 acres) |
| Lot Dimensions | 140 ft deep x 70 ft wide |
| Garage Type | Detached |
| Garage Area | 480 sqft |
| Porch | Open Porch |
| Porch Area | 64 sqft |
| Patio Area | 392 sqft |
| Cooling System | Central |
|---|---|
| Heating System | Central |
| Heating Fuel | Gas |
| Street Address | 137 WALLACE RD |
|---|---|
| City | MEMPHIS |
| State | TN |
| Zip | 38117-2229 |
| Property Category | Residential |
| Property Type | Residential > Single Family > Home |
| Local Zoning Code | R-10 |
| Legal Subdivision | MAGNOLIA HILLS |
| Legal Lot Number | 97 |
| Jurisdiction | SHELBY TN |
| Township / Civil Division | 13 |
| Census Block Group | 2 |
| Census Block | 2027 |
| Census Tract | 8600 |
137 Wallace Rd is owned and occupied by two individuals who bought it in June 2022.
Source: Shelby County records, as of June 2, 2026
| Owner of Record | 2 Individual Names on File |
|---|---|
| Mailing Address | 137 WALLACE RD, MEMPHIS, TN 38117-2229 |
| Occupancy | Owner Occupied |
| Owner Type | Individual |
| Vesting | Husband and Wife |
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Date | Document |
|---|---|
| Jun 15, 2021 | Deed of Trust, Mortgage · Non-Conforming Investor Loan SOUTHERN BANCORP BANK |
| Jun 16, 2022 | Warranty Deed, Transfer · Conventional Mortgage SIMMONS BANK |
| Jun 30, 2020 | Deed of Trust, Mortgage · Conventional Mortgage OTHER INSTITUTIONAL LENDERS |
| Jun 30, 2020 | Deed of Trust, Mortgage · Conventional Mortgage FIRST A NAT'L BKNG ASSN |
| Jul 11, 2017 | Warranty Deed, Transfer · Conventional with PMI INTERLINC MTG |
| Mar 21, 2017 | Deed of Trust, Mortgage · Line of Credit BANCORPSOUTH |
| Deed Names | 2 Names on Deed |
|---|---|
| Last Sale | Jun 16, 2022 · Amount on File |
| Deed Sale | Jun 16, 2022 · Amount on File |
| Prior Sale | Jul 11, 2017 · Amount on File |
| Deed Document Number | 202267995 |
| Prior Transfer Date | Aug 19, 2002 |
| Prior Transfer Doc | 0000140100 |
| Record Updated | Oct 29, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | SHELBY TN |
| Property Address | 137 WALLACE RD, MEMPHIS, TN 38117-2229 |
| Transaction Type | Mortgage |
| Record Updated | Jun 30, 2026 |
| Title Company | TRINITY TITLE COMPANY, REALTY TITLE & ESCROW CO |
| Name | Verified Name |
|---|
| Document Number | 0021072161 |
|---|---|
| Date | Jun 15, 2021 |
| Instrument | 21072161 |
| Name | SOUTHERN BANCORP BANK |
|---|---|
| Type | Bank |
| Address | HERNANDO, MS 38632 |
| Type | Non-Conforming Investor Loan |
|---|---|
| Amount | Amount on Record |
| Term | 125 Months |
| Due | Nov 21, 2031 |
| Document Type | Warranty Deed |
|---|---|
| Jurisdiction | SHELBY TN |
| Recording Date | Jun 16, 2022 |
| Property Address | 137 WALLACE RD, MEMPHIS, TN 38117-2229 |
| Document Number | 0022067995 |
| Map Reference | MB 14 PG 46 |
| Instrument Date | Jun 15, 2022 |
| Instrument | 22067995 |
| Transaction Type | Transfer |
| Record Updated | Jun 30, 2026 |
| Amount | Amount on Record |
|---|---|
| Downpayment | Downpayment on Record |
| Loan-to-Value (LTV) | LTV on Record |
| Tax | $1,554.00 |
| Amount Accuracy | Full Amount Stated |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Address | 137 WALLACE RD, MEMPHIS, TN 38117-2229 |
| Document Number | 0022067996 |
|---|---|
| Date | Jun 16, 2022 |
| Instrument | 22067996 |
| Name | SIMMONS BANK |
|---|---|
| Type | Bank |
| Type | Conventional Mortgage |
|---|---|
| Amount | Amount on Record |
| Term | 361 Months |
| Due | Jul 1, 2052 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | SHELBY TN |
| Property Address | 137 WALLACE RD, MEMPHIS, TN 38117-2229 |
| Document Number | 0000069929 |
| Instrument Date | Jun 30, 2020 |
| Transaction Type | Mortgage |
| Record Updated | Jul 22, 2020 |
| Title Company | NOT AVAILABLE |
| Name | Verified Name |
|---|---|
| Address | 137 WALLACE RD MEMPHIS TN 381172229, MEMPHIS, TN 38117-2229 |
| Document Number | 0000069929 |
|---|---|
| Date | Jul 7, 2020 |
| Instrument | 69929 |
| Name | OTHER INSTITUTIONAL LENDERS |
|---|---|
| Type | Bank |
| Address | HATTIESBURG, MS 39402 |
| Type | Conventional Mortgage |
|---|---|
| Amount | Amount on Record |
| Term | 360 Months |
| Due | Jul 6, 2050 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | SHELBY TN |
| Property Address | 137 WALLACE RD, MEMPHIS, TN 38117-2229 |
| Document Number | 0020124754 |
| Instrument Date | Jun 30, 2020 |
| Transaction Type | Mortgage |
| Record Updated | Nov 18, 2020 |
| Title Company | REALTY TITLE INC |
| Name | Verified Name |
|---|---|
| Address | 137 WALLACE RD MEMPHIS TN 381172229, MEMPHIS, TN 38117-2229 |
| Document Number | 0020124754 |
|---|---|
| Date | Nov 10, 2020 |
| Instrument | 20124754 |
| Name | FIRST A NAT'L BKNG ASSN |
|---|---|
| Address | HATTIESBURG, MS 39402 |
| Type | Conventional Mortgage |
|---|---|
| Amount | Amount on Record |
| Term | 360 Months |
| Due | Nov 9, 2050 |
| Document Type | Warranty Deed |
|---|---|
| Jurisdiction | SHELBY TN |
| Recording Date | Jul 11, 2017 |
| Property Address | 137 WALLACE RD, MEMPHIS, TN 38117-2229 |
| Document Number | 0000069333 |
| Instrument Date | Jun 27, 2017 |
| Instrument | 69333 |
| Transaction Type | Transfer |
| Record Updated | Jul 20, 2017 |
| Title Company | REALTY TITLE INC |
| Amount | Amount on Record |
|---|---|
| Downpayment | Downpayment on Record |
| Loan-to-Value (LTV) | LTV on Record |
| Tax | $1,184.00 |
| Amount Accuracy | Confirmed |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Address | 137 WALLACE RD MEMPHIS TN 381172229, MEMPHIS, TN 38117-2229 |
| Document Number | 69334 |
|---|---|
| Date | Jul 11, 2017 |
| Instrument | 69334 |
| Name | INTERLINC MTG |
|---|---|
| Type | Mortgage Company |
| Address | HOUSTON, TX 77064 |
| Type | Conventional with PMI |
|---|---|
| Amount | Amount on Record |
| Term | 360 Months |
| Due | Jul 10, 2047 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | SHELBY TN |
| Property Address | 137 WALLACE RD, MEMPHIS, TN 38117-2229 |
| Document Number | 0000038313 |
| Instrument Date | Mar 21, 2017 |
| Transaction Type | Mortgage |
| Record Updated | May 5, 2017 |
| Title Company | OTHER |
| Name | Verified Name |
|---|---|
| Address | 137 WALLACE RD MEMPHIS TN 381172229, MEMPHIS, TN 38117-2229 |
| Document Number | 0000038313 |
|---|---|
| Date | Apr 18, 2017 |
| Instrument | 38313 |
| Name | BANCORPSOUTH |
|---|---|
| Type | Bank |
| Address | TUPELO, MS 38803-4360 |
| Type | Line of Credit |
|---|---|
| Amount | Amount on Record |
| Term | 60 Months |
| Due | Apr 17, 2022 |
| Rate Type | Adjustable Rate |
|---|
The 2025 property tax bill for 137 Wallace Rd was $2,861.
Source: Shelby County assessment roll, as of June 2, 2026
| Type | Name |
|---|---|
| State | Tennessee |
| County | Shelby County |
| Municipality | Memphis City |
| Unified School District | Shelby County School District (PK - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2025 | $2,861.00 | $106,375 Land $23,625 Building $82,750 | $425,500 Land $94,500 Building $331,000 |
| 2023 | $81,825 Land $23,625 Building $58,200 | ||
| 2022 | $4,984.00 | ||
| 2021 | $327,300 Land $94,500 Building $232,800 |
Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.
FEMA maps place 137 Wallace Rd in Zone X, an area of minimal flood risk, though there have been 4 flood claims nearby since 2010.
Source: FEMA National Flood Hazard Layer, effective June 4, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026
| FEMA Flood Zone | Zone X minimal risk |
|---|---|
| Flood Insurance Requirement | Not required lenders may require it |
| Nearby Flood Policies | 6 in force |
| Nearby Flood Claims | 4 (2010–2021) |
| Claims Outside the SFHA | 4 of 4 |
| Most Recent Claim | Jan 2021 · rainfall accumulation |
Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.
Wildfire risk around 137 Wallace Rd is low, with a 0.03% annual chance of wildfire.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Low lower than 95% of the US · lower than 96% of Tennessee |
|---|---|
| Wildfire Likelihood | 0.03% annual chance |
| Exposure | Direct burnable vegetation |
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
Source: EPA Safe Drinking Water Information System, as of September 2026
| Water System | MEMPHIS LIGHT, GAS, & WATER serves 659,500 people · EPA ID TN0000450 |
|---|---|
| Water Source | Groundwater |
| Last State Inspection | Apr 2024 |
| Lead | 5 ppb (2023–2025) action level 15 ppb |
| Water Quality | None last 10 years |
|---|---|
| Treatment and Procedure | None last 10 years |
| Monitoring and Reporting | None last 3 years |
Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.
Source: FCC Broadband Data Collection, based on 343 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| AT&T Fiber | 5,000 / 5,000 |
| Xfinity Cable | 2,000 / 250 |
| T-Mobile Fixed Wireless | 100 / 20 |
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