Shelby County property record for 151 Wallace Rd, Memphis, TN 38117
| Property Type | Single Family Home |
|---|---|
| Details | 3 bd · 2 ba · 1,661 sqft · built 1955 |
| Lot Size | 0.225 acres (9,800 sqft) |
| Owner | 2 Company Names on Record |
| Last Sale | $308,300 (Mar 2023) |
| Tax Bill | $2,172 (2025) |
| Deeds & Mortgages | Jul 2026 Transfer Mar 2023 Sale + 2 more |
| Flood Zone | Zone X (minimal risk) |
| APN | 05-5011-0-0003 |
| Primary APN | 05-5011-0-0003 |
|---|
| Bedrooms | 3 Beds |
|---|---|
| Full Baths | 2 Baths |
| Plumbing Fixtures | 6 Plumbing Fixtures |
| Total Rooms | 5 Rooms |
| Stories | 1 Story |
| Building Area | 1,661 sqft Living Area |
| 1st Floor Area | 1,661 sqft |
| Fireplaces | 1 Fireplace |
| Fireplace | Fireplace |
| Year Built | Built 1955 |
|---|---|
| Effective Year Built | Effective 1955 |
| 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 | Carport |
| Garage Area | 483 sqft |
| Carport | Carport |
| Carport Area | 483 sqft |
| Parking Spaces | 2 Parking Spaces |
| Porch | Open Porch |
| Porch Area | 138 sqft |
| Patio Area | 231 sqft |
| Cooling System | Central |
|---|---|
| Heating System | Central |
| Heating Fuel | Gas |
| Street Address | 151 WALLACE RD |
|---|---|
| City | MEMPHIS |
| State | TN |
| Zip | 38117-2231 |
| Property Category | Residential |
| Property Type | Residential > Single Family > Home |
| Local Zoning Code | R-10 |
| Legal Subdivision | MAGNOLIA HILLS |
| Legal Lot Number | 95 |
| Jurisdiction | SHELBY TN |
| Township / Civil Division | 13 |
| Census Block Group | 2 |
| Census Block | 2027 |
| Census Tract | 8600 |
Source: Shelby County records, as of July 16, 2026
Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.
| Owner of Record | 2 Company Names on Record |
|---|---|
| Mailing Address | 151 WALLACE RD, MEMPHIS, TN 38117-2231 |
| Owner Type | Company |
| Vesting | Life Tenant |
| Date | Document |
|---|---|
| Jul 9, 2026 | Quit Claim Deed, Transfer NONE LISTED ON DOCUMENT |
| Mar 14, 2023 | Warranty Deed, Transfer SUMMIT TITLE AND ESCROW LLC, SUMMIT TITLE & ESCROW LLC |
| Jul 10, 2020 | Deed of Trust, Mortgage · Conventional with PMI COMMUNITY MTG |
| Feb 27, 2019 | Warranty Deed, Transfer · Conventional with PMI COMMUNITY MTG |
| Deed Names | 2 Names on Deed |
|---|---|
| Last Sale | Mar 14, 2023 · Amount on Record |
| Deed Sale | Mar 14, 2023 · Amount on Record |
| Prior Sale | Feb 27, 2019 · Amount on Record |
| Deed Document Number | 202319843 |
| Last Transfer Date | Jun 19, 2026 |
| Transfer Doc | 0000057204 |
| Record Updated | Oct 29, 2026 |
| Document Type | Quit Claim Deed |
|---|---|
| Jurisdiction | SHELBY TN |
| Recording Date | Jul 9, 2026 |
| Property Address | 151 WALLACE RD, MEMPHIS, TN 38117-2231 |
| Document Number | 0000057204 |
| Instrument Date | Jun 19, 2026 |
| Instrument | 202657204 |
| Transaction Type | Transfer |
| Record Updated | Aug 31, 2026 |
| Title Company | NONE LISTED ON DOCUMENT |
| Tax | $0.00 |
|---|---|
| Amount Accuracy | Full Amount Stated |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Relationship | Life Tenant |
| Address | 151 WALLACE RD, MEMPHIS, TN 38117-2231 |
| Document Type | Warranty Deed |
|---|---|
| Jurisdiction | SHELBY TN |
| Recording Date | Mar 14, 2023 |
| Property Address | 151 WALLACE RD, MEMPHIS, TN 38117-2231 |
| Document Number | 0023019843 |
| Map Reference | MB 14 PG 46 |
| Instrument Date | Feb 24, 2023 |
| Instrument | 23019843 |
| Transaction Type | Transfer |
| Record Updated | Jun 30, 2026 |
| Title Company | SUMMIT TITLE AND ESCROW LLC, SUMMIT TITLE & ESCROW LLC |
| Amount | Amount Recorded |
|---|---|
| Tax | $1,140.71 |
| Amount Accuracy | Full Amount Stated |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Address | 151 WALLACE RD, MEMPHIS, TN 38117-2231 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | SHELBY TN |
| Property Address | 151 WALLACE RD, MEMPHIS, TN 38117-2231 |
| Document Number | 0000073794 |
| Instrument Date | Jul 10, 2020 |
| Transaction Type | Mortgage |
| Record Updated | Jul 23, 2020 |
| Title Company | NOT AVAILABLE |
| Name | Verified Name |
|---|---|
| Relationship | Husband and Wife |
| Address | 151 WALLACE RD MEMPHIS TN 381172231, MEMPHIS, TN 38117-2231 |
| Document Number | 0000073794 |
|---|---|
| Date | Jul 16, 2020 |
| Instrument | 73794 |
| Name | COMMUNITY MTG |
|---|---|
| Type | Mortgage Company |
| Address | CORDOVA, TN 38018 |
| Type | Conventional with PMI |
|---|---|
| Amount | Amount Recorded |
| Term | 360 Months |
| Due | Jul 15, 2050 |
| Document Type | Warranty Deed |
|---|---|
| Jurisdiction | SHELBY TN |
| Recording Date | Feb 27, 2019 |
| Property Address | 151 WALLACE RD, MEMPHIS, TN 38117-2231 |
| Document Number | 0000019166 |
| Instrument Date | Jan 26, 2019 |
| Instrument | 19166 |
| Transaction Type | Transfer |
| Record Updated | Mar 7, 2019 |
| Title Company | MEMPHIS TITLE |
| Amount | Amount Recorded |
|---|---|
| Downpayment | Downpayment on Record |
| Loan-to-Value (LTV) | LTV on Record |
| Tax | $1,052.65 |
| Amount Accuracy | Confirmed |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Relationship | Husband and Wife |
| Address | 151 WALLACE RD MEMPHIS TN 381172231, MEMPHIS, TN 38117-2231 |
| Document Number | 19167 |
|---|---|
| Date | Feb 27, 2019 |
| Instrument | 19167 |
| Name | COMMUNITY MTG |
|---|---|
| Type | Mortgage Company |
| Address | CORDOVA, TN 38018 |
| Type | Conventional with PMI |
|---|---|
| Amount | Amount Recorded |
| Term | 360 Months |
| Due | Feb 26, 2049 |
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 | $2,172.00 (-48.89%) | $80,775 (+15.76%) Land $23,625 Building $57,150 | $323,100 (+15.76%) Land $94,500 Building $228,600 |
| 2023 | $69,775 Land $23,625 Building $46,150 | ||
| 2022 | $4,250.00 | ||
| 2021 | $279,100 Land $94,500 Building $184,600 |
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.
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.
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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