181 Wallace Rd, Memphis, TN 38117 Property Records

Shelby County property record for 181 Wallace Rd, Memphis, TN 38117

Property Summary

Property TypeSingle Family Home
Details4 bd · 2 ba · 2,393 sqft · built 1950
Lot Size0.231 acres (10,080 sqft)
Owner2 Individual Names on File
Last Sale$347,000 (Jun 2021)
Tax Bill$2,412 (2025)
Deeds & MortgagesJun 2021 Sale & Mortgage
Oct 2019 Sale & Mortgage
+ 1 more
Flood ZoneZone X (minimal risk)
APN05-5009-0-0017

Property Details

APN / Parcel Number

Primary APN05-5009-0-0017

Interior

Bedrooms4 Beds
Full Baths2 Baths
Plumbing Fixtures6 Plumbing Fixtures
Total Rooms7 Rooms
Stories1 Story
Building Area2,393 sqft Living Area
1st Floor Area1,246 sqft
Utility Area72 sqft
Family RoomFamily Room

Exterior

Year BuiltBuilt 1950
Effective Year BuiltEffective 1979
Architectural StyleTraditional
Exterior MaterialBrick Veneer
Foundation TypeRaised
Roof TypeGable
Roof MaterialComposition Shingle
Lot Area10,080 sqft (0.231 acres)
Lot Dimensions140 ft deep x 72 ft wide
Garage TypeCarport
Garage Area276 sqft
CarportCarport
Carport Area276 sqft
Parking Spaces1 Parking Space

Exterior Amenities

PorchOpen Porch
Porch Area182 sqft
Deck Area500 sqft
Patio Area25 sqft

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemCentral
Heating FuelGas

Location & Zoning

Street Address181 WALLACE RD
CityMEMPHIS
StateTN
Zip38117-2237
Property CategoryResidential
Property TypeResidential > Single Family > Home
Local Zoning CodeR-10
Legal SubdivisionMAGNOLIA HILLS
Legal Lot Number92
JurisdictionSHELBY TN
Township / Civil Division13
Census Block Group2
Census Block2023
Census Tract8600

Owner

181 Wallace Rd is owned and occupied by two individuals who bought it in June 2021.

Source: Shelby County records, as of June 2, 2026

Owner of Record2 Individual Names on File
Mailing Address181 WALLACE RD, MEMPHIS, TN 38117-2237
OccupancyOwner Occupied
Owner TypeIndividual
VestingRight of Survivorship

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

DateDocument
Jun 10, 2021Warranty Deed, Transfer · Conventional Mortgage
TRUSTMARK NATIONAL BANK
Oct 15, 2019Warranty Deed, Transfer · Conventional with PMI
PINNACLE BK
May 24, 2017Warranty Deed, Transfer · Conventional with PMI
MCKENZIE BKNG

Assessor's Deed Record

Deed Names2 Names on Deed
Last SaleJun 10, 2021 · Amount on File
Deed SaleJun 10, 2021 · Amount on File
Prior SaleOct 15, 2019 · Amount on File
Deed Document Number202170367
Prior Transfer DateJan 17, 1997
Record UpdatedOct 29, 2026

June 2021: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionSHELBY TN
Recording DateJun 10, 2021
Property Address181 WALLACE RD, MEMPHIS, TN 38117-2237
Document Number0021070367
Map ReferenceMB 14 PG 46
Instrument DateMay 20, 2021
Instrument21070367
Transaction TypeTransfer
Record UpdatedJun 30, 2026

Transaction

AmountAmount on Record
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$1,283.90
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipJoint Tenants with Right of Survivorship
Address181 WALLACE RD, MEMPHIS, TN 38117-2237

Mortgage

Document Number0021070368
DateJun 10, 2021
Instrument21070368
Lender
NameTRUSTMARK NATIONAL BANK
TypeBank
Agreement
TypeConventional Mortgage
AmountAmount on Record
Term360 Months
DueJun 1, 2051

October 2019: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionSHELBY TN
Recording DateOct 15, 2019
Property Address181 WALLACE RD, MEMPHIS, TN 38117-2237
Document Number0000107510
Instrument DateOct 10, 2019
Instrument107510
Transaction TypeTransfer
Record UpdatedOct 24, 2019
Title CompanyCTC

Transaction

AmountAmount on Record
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$1,147.00
Amount AccuracyConfirmed
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipHusband and Wife
Address181 WALLACE RD MEMPHIS TN 381172237, MEMPHIS, TN 38117-2237

Mortgage

Document Number107511
DateOct 15, 2019
Instrument107511
Lender
NamePINNACLE BK
TypeBank
AddressNASHVILLE, TN 37201
Agreement
TypeConventional with PMI
AmountAmount on Record
Term360 Months
DueOct 14, 2049

May 2017: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionSHELBY TN
Recording DateMay 24, 2017
Property Address181 WALLACE RD, MEMPHIS, TN 38117-2237
Document Number0000052180
Instrument DateMay 12, 2017
Instrument52180
Transaction TypeTransfer
Record UpdatedJun 1, 2017
Title CompanyEXECUTIVE TITLE AND CLOSING INC, EXECUTIVE TITLE & CLOSING INC

Transaction

AmountAmount on Record
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$989.00
Amount AccuracyConfirmed
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipHusband and Wife
Address181 WALLACE RD MEMPHIS TN 381172237, MEMPHIS, TN 38117-2237

Mortgage

Document Number52181
DateMay 24, 2017
Instrument52181
Lender
NameMCKENZIE BKNG
TypeFunding / Finance Company
AddressMCKENZIE, TN 38201
Agreement
TypeConventional with PMI
AmountAmount on Record
Term360 Months
DueMay 23, 2047
Interest
Rate TypeAdjustable Rate
Rate4.37%

Tax Assessment & Valuation

The 2025 property tax bill for 181 Wallace Rd was $2,412.

Source: Shelby County assessment roll, as of June 2, 2026

Property Jurisdictions

TypeName
StateTennessee
CountyShelby County
MunicipalityMemphis City
Unified School DistrictShelby County School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$2,412.00$89,700 Land $23,625 Building $66,075$358,800 Land $94,500 Building $264,300
2023$74,825 Land $23,625 Building $51,200
2022$4,558.00
2021$299,300 Land $94,500 Building $204,800

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.

Flood

FEMA maps place 181 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 ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Policies6 in force
Nearby Flood Claims4 (2010–2021)
Claims Outside the SFHA4 of 4
Most Recent ClaimJan 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

Wildfire risk around 181 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 RiskLow
lower than 94% of the US · lower than 94% of Tennessee
Wildfire Likelihood0.03% annual chance
ExposureDirect
burnable vegetation

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemMEMPHIS LIGHT, GAS, & WATER
serves 659,500 people · EPA ID TN0000450
Water SourceGroundwater
Last State InspectionApr 2024
Lead5 ppb (2023–2025)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
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.

Internet Providers

Source: FCC Broadband Data Collection, based on 301 locations within half a mile, as of December 31, 2025

ProviderMax 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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