Shelby County property record for 227 Wallace Rd, Memphis, TN 38117
| Property Type | Single Family Home |
|---|---|
| Details | 3 bd · 2.5 ba · 1,601 sqft · built 1951 |
| Lot Size | 0.24 acres (10,433 sqft) |
| Owner | Individual Name on File |
| Last Sale | $342,000 (Aug 2023) |
| Tax Bill | $2,240 (2025) |
| Deeds & Mortgages | Mar 2021 Mortgage Aug 2023 Sale & Mortgage + 1 more |
| Flood Zone | Zone X (minimal risk) |
| APN | 05-5009-0-0011 |
| Primary APN | 05-5009-0-0011 |
|---|
| Bedrooms | 3 Beds |
|---|---|
| Full Baths | 2.5 Baths |
| Half Baths | 1 Half Bath |
| Plumbing Fixtures | 7 Plumbing Fixtures |
| Total Rooms | 7 Rooms |
| Stories | 1 Story |
| Building Area | 1,601 sqft Living Area |
| Gross Area | 1,829 sqft |
| 1st Floor Area | 1,601 sqft |
| Year Built | Built 1951 |
|---|---|
| Effective Year Built | Effective 1986 |
| Architectural Style | Traditional |
| Exterior Material | Brick Veneer |
| Foundation Type | Raised |
| Roof Type | Hip |
| Roof Material | Composition Shingle |
| Lot Area | 10,433 sqft (0.24 acres) |
| Lot Dimensions | 140 ft deep x 71 ft wide |
| Garage Type | Attached |
| Garage Area | 228 sqft |
| Parking Spaces | 1 Parking Space |
| Pool Area | 576 sqft |
|---|---|
| Porch | Open Porch |
| Porch Area | 44 sqft |
| Deck Area | 195 sqft |
| Cooling System | Central |
|---|---|
| Heating System | Central |
| Heating Fuel | Gas |
| Street Address | 227 WALLACE RD |
|---|---|
| City | MEMPHIS |
| State | TN |
| Zip | 38117-2237 |
| Property Category | Residential |
| Property Type | Residential > Single Family > Home |
| Local Zoning Code | R-10 |
| Legal Subdivision | MAGNOLIA HILLS |
| Legal Lot Number | 86 |
| Jurisdiction | SHELBY TN |
| Township / Civil Division | 13 |
| Census Block Group | 2 |
| Census Block | 2023 |
| Census Tract | 8600 |
Source: Shelby County records, as of June 2, 2026
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Owner of Record | Individual Name on File |
|---|---|
| Mailing Address | 227 WALLACE RD, MEMPHIS, TN 38117-2237 |
| Occupancy | Owner Occupied |
| Owner Type | Individual |
| Vesting | Unmarried |
| Date | Document |
|---|---|
| Mar 8, 2021 | Deed of Trust, Mortgage · Conventional Mortgage MORTGAGE INVESTMENT GROUP |
| Aug 4, 2023 | Warranty Deed, Transfer · Conventional Mortgage MORTGAGE INVESTORS GROUP INC |
| Mar 5, 2021 | Intrafamily Transfer, Transfer BAY AREA SERVICES INC, BAYMARK T&E SVCS LLC |
| Deed Names | Name on Deed |
|---|---|
| Last Sale | Aug 4, 2023 · Amount on File |
| Deed Sale | Aug 4, 2023 · Amount on File |
| Prior Sale | Jan 8, 2014 · Amount on File |
| Deed Document Number | 202364459 |
| Prior Transfer Date | Mar 4, 2021 |
| Prior Transfer Doc | 0000026055 |
| Record Updated | Oct 29, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | SHELBY TN |
| Property Address | 227 WALLACE RD, MEMPHIS, TN 38117-2237 |
| Transaction Type | Mortgage |
| Record Updated | Jun 30, 2026 |
| Name | Verified Name |
|---|---|
| Investor | Possibly a Property Investor |
| Document Number | 0021026726 |
|---|---|
| Date | Mar 8, 2021 |
| Instrument | 21026726 |
| Name | MORTGAGE INVESTMENT GROUP |
|---|---|
| Type | Mortgage Company |
| Address | BIG ROCK, TN 37023 |
| Type | Conventional Mortgage |
|---|---|
| Amount | Amount on Record |
| Term | 181 Months |
| Due | Apr 1, 2036 |
| Document Type | Warranty Deed |
|---|---|
| Jurisdiction | SHELBY TN |
| Recording Date | Aug 4, 2023 |
| Property Address | 227 WALLACE RD, MEMPHIS, TN 38117-2237 |
| Document Number | 0023064459 |
| Map Reference | MB 14 PG 46 |
| Instrument Date | Jul 21, 2023 |
| Instrument | 23064459 |
| Transaction Type | Transfer |
| Record Updated | Jun 30, 2026 |
| Title Company | TRINITY TITLE COMPANY, REALTY TITLE & ESCROW CO INC |
| Amount | Amount on Record |
|---|---|
| Downpayment | Downpayment on Record |
| Loan-to-Value (LTV) | LTV on Record |
| Tax | $1,265.40 |
| Amount Accuracy | Full Amount Stated |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|
| Document Number | 0023064460 |
|---|---|
| Date | Aug 4, 2023 |
| Instrument | 23064460 |
| Name | MORTGAGE INVESTORS GROUP INC |
|---|---|
| Type | Mortgage Company |
| Type | Conventional Mortgage |
|---|---|
| Amount | Amount on Record |
| Term | 360 Months |
| Due | Aug 1, 2053 |
| Document Type | Intrafamily Transfer |
|---|---|
| Jurisdiction | SHELBY TN |
| Recording Date | Mar 5, 2021 |
| Property Address | 227 WALLACE RD, MEMPHIS, TN 38117-2237 |
| Document Number | 0021026055 |
| Map Reference | MB 14 PG 46 |
| Instrument Date | Mar 4, 2021 |
| Instrument | 21026055 |
| Transaction Type | Transfer |
| Record Updated | Jun 30, 2026 |
| Title Company | BAY AREA SERVICES INC, BAYMARK T&E SVCS LLC |
| Tax | $0.00 |
|---|---|
| Amount Accuracy | No Consideration Stated |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Address | 227 WALLACE RD, MEMPHIS, TN 38117-2237 |
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 | $2,240.00 (-45.54%) | $83,275 (+23.32%) Land $23,625 Building $59,650 | $333,100 (+23.32%) Land $94,500 Building $238,600 |
| 2023 | $67,525 Land $23,625 Building $43,900 | ||
| 2022 | $4,113.00 | ||
| 2021 | $270,100 Land $94,500 Building $175,600 |
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 94% of the US · lower than 95% of Tennessee |
|---|---|
| Wildfire Likelihood | 0.02% 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 422 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| AT&T Fiber · DSL · Fixed Wireless in parts of the area | 5,000 / 5,000 |
| Xfinity Cable | 2,000 / 250 |
| Verizon Fixed Wireless | 300 / 20 |
| T-Mobile Fixed Wireless | 100 / 20 |
Search by:
By searching, you agree to: Terms • Privacy • Disclosures