372 Wallace Rd, Memphis, TN 38117 Property Records

Shelby County property record for 372 Wallace Rd, Memphis, TN 38117

Property Summary

Property TypeSingle Family Home
Details3 bd · 2 ba · 2,041 sqft · built 1952
Lot Size0.264 acres (11,480 sqft)
Owner2 Individual Names on File
Last Sale$300,000 (Jan 2021)
Tax Bill$2,620 (2025)
Deeds & MortgagesJan 2021 Sale & Mortgage
Jan 2021 Sale
+ 1 more
Flood ZoneZone X (minimal risk)
APN05-5025-0-0001

Property Details

APN / Parcel Number

Primary APN05-5025-0-0001

Interior

Bedrooms3 Beds
Full Baths2 Baths
Plumbing Fixtures6 Plumbing Fixtures
Total Rooms7 Rooms
Stories1 Story
Building Area2,041 sqft Living Area
Gross Area2,474 sqft
1st Floor Area2,041 sqft
Fireplaces1 Fireplace
FireplaceFireplace

Exterior

Year BuiltBuilt 1952
Effective Year BuiltEffective 1981
Architectural StyleRanch
Exterior MaterialBrick Veneer
Foundation TypeRaised
Roof TypeHip
Roof MaterialComposition Shingle
Lot Area11,480 sqft (0.264 acres)
Lot Dimensions140 ft deep x 82 ft wide
Garage TypeAttached
Garage Area433 sqft
Parking Spaces2 Parking Spaces
PorchOpen Porch
Porch Area10 sqft
Patio Area126 sqft

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemCentral
Heating FuelGas

Location & Zoning

Street Address372 WALLACE RD
CityMEMPHIS
StateTN
Zip38117-1530
Property CategoryResidential
Property TypeResidential > Single Family > Home
Local Zoning CodeR-10
Legal SubdivisionHILLDALE GARDENS
Legal Lot Number40
JurisdictionSHELBY TN
Township / Civil Division13
Census Block Group1
Census Block1022
Census Tract8600

Owner

372 Wallace Rd is owned and occupied by two individuals who bought it in January 2021.

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

Owner of Record2 Individual Names on File
Mailing Address372 WALLACE RD, MEMPHIS, TN 38117-1530
OccupancyOwner Occupied
Owner TypeIndividual

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
Jan 6, 2021Warranty Deed, Transfer · Conventional Mortgage
COGENT BANK
Jan 6, 2021Warranty Deed, Transfer
TITLE ASSURANCE & ESCREOW
Jul 3, 2017Deed of Trust, Mortgage
QUICKEN LNS

Assessor's Deed Record

Deed Names2 Names on Deed
Last SaleJan 6, 2021 · Amount on File
Deed SaleJan 6, 2021 · Amount on File
Prior SaleFeb 21, 2013 · Amount on File
Deed Document Number20211379
Record UpdatedOct 29, 2026

January 2021: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionSHELBY TN
Recording DateJan 6, 2021
Property Address372 WALLACE RD, MEMPHIS, TN 38117-1530
Document Number0021001379
Map ReferenceMB 15 PG 41
Instrument DateJan 4, 2021
Instrument21001379
Transaction TypeTransfer
Record UpdatedJul 6, 2021
Title CompanyTITLE ASSURANCE & ESCREOW

Transaction

AmountAmount on Record
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$1,110.00
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address372 WALLACE RD, MEMPHIS, TN 38117-1530

Mortgage

Document Number0021002260
DateJan 7, 2021
Instrument21002260
Lender
NameCOGENT BANK
TypeBank
AddressNASHVILLE, TN 37201
Agreement
TypeConventional Mortgage
AmountAmount on Record
Term361 Months
DueFeb 1, 2051

January 2021: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionSHELBY TN
Recording DateJan 6, 2021
Property Address372 WALLACE RD, MEMPHIS, TN 38117-1530
Document Number0000001379
Map ReferenceMB 15 PG 41
Instrument DateJan 4, 2021
Instrument21001379
Transaction TypeTransfer
Record UpdatedFeb 7, 2021
Title CompanyTITLE ASSURANCE & ESCREOW

Transaction

AmountAmount on Record
Tax$1,110.00
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address372 WALLACE RD, MEMPHIS, TN 38117-1530

July 2017: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionSHELBY TN
Property Address372 WALLACE RD, MEMPHIS, TN 38117-1530
Document Number0000069440
Instrument DateJul 3, 2017
Transaction TypeMortgage
Record UpdatedAug 15, 2017
Title CompanyOTHER

Transferred To (Grantee/Buyer)

NameVerified Name
Address372 WALLACE RD MEMPHIS TN 381171530, MEMPHIS, TN 38117-1530

Mortgage

Document Number0000069440
DateJul 11, 2017
Instrument69440
Lender
NameQUICKEN LNS
TypeFunding / Finance Company
AddressDETROIT, MI 48226-1906
Agreement
AmountAmount on Record
Term360 Months
DueJul 10, 2047

Tax Assessment & Valuation

The 2025 property tax bill for 372 Wallace Rd was $2,620.

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$2,620.00$97,425 Land $16,300 Building $81,125$389,700 Land $65,200 Building $324,500
2023$68,100 Land $13,700 Building $54,400
2022$4,148.00
2021$272,400 Land $54,800 Building $217,600

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.

Flood

FEMA maps place 372 Wallace Rd in Zone X, an area of minimal flood risk, though there have been 1 flood claim nearby since 1979.

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 Claims1 (1979)
Most Recent ClaimApr 1979 · 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 372 Wallace Rd is low, with a 0.02% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 95% of the US · lower than 96% of Tennessee
Wildfire Likelihood0.02% 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 422 locations within half a mile, as of December 31, 2025

ProviderMax 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

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