41 Wallace Rd, Memphis, TN 38117 Property Records

Shelby County property record for 41 Wallace Rd, Memphis, TN 38117 · Last verified June 2026

Property Summary

Property Type	Single Family Home
Details	4 bd · 2.5 ba · 2,861 sqft · built 1965
Lot Size	0.304 acres (13,226 sqft)
Owner	2 Individual Names on File
Last Sale	$282,000 (Jan 2007)
Tax Bill	$2,807 (2025)
Flood Zone	Zone X (minimal risk)
APN	`05-5011-0-0031`

Property Details

APN / Parcel Number

Primary APN	`05-5011-0-0031`

Interior

Bedrooms	4 Beds
Full Baths	2.5 Baths
Half Baths	1 Half Bath
Plumbing Fixtures	9 Plumbing Fixtures
Total Rooms	8 Rooms
Stories	1 Story
Building Area	2,861 sqft Living Area
Gross Area	3,261 sqft
1st Floor Area	2,272 sqft
Utility Area	84 sqft
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1965
Effective Year Built	Effective 1965
Architectural Style	Traditional
Exterior Material	Brick Veneer
Roof Type	Hip
Roof Material	Composition Shingle
Lot Area	13,226 sqft (0.304 acres)
Lot Dimensions	133 ft deep x 105 ft wide
Garage Type	Attached
Garage Area	400 sqft
Parking Spaces	2 Parking Spaces
Porch	Open Porch
Porch Area	68 sqft
Patio Area	280 sqft

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Central
Heating Fuel	Gas

Location & Zoning

Street Address	41 WALLACE RD
City	MEMPHIS
State	TN
Zip	38117-2229
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Subdivision	BAUMAN SAUL
Legal Lot Number	2
Jurisdiction	SHELBY TN
Township / Civil Division	13
Census Block Group	2
Census Block	2027
Census Tract	8600

Owner

Source: Shelby County records · APN 05-5011-0-0031

Assessment roll updated June 2, 2026 · Last verified June 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	2 Individual Names on File
Mailing Address	41 WALLACE RD, MEMPHIS, TN 38117-2229
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	2 Verified Names on Deed
Last Sale	Jan 26, 2007 · Amount on Record
Deed Sale	Jan 26, 2007 · Amount on Record
Deed Document Number	200717156
Record Updated	Sep 20, 2026

Tax Assessment & Valuation

Source: Shelby County records · Assessment roll updated June 2, 2026 · Last verified June 2026

Property Jurisdictions

Type	Name
State	Tennessee
County	Shelby County
Municipality	Memphis City
Unified School District	Shelby County School District (PK - 12)

Tax Bill & Assessment History

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.

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$2,807.00 (-46.34%)	$104,350 (+21.51%) Land $23,625 Building $80,725	$417,400 (+21.51%) Land $94,500 Building $322,900
2023		$85,875 Land $23,625 Building $62,250
2022	$5,231.00
2021			$343,500 Land $94,500 Building $249,000

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Shelby County (47157C), updated June 4, 2026 · FEMA OpenFEMA NFIP redacted claims and policies, census block group 471570086002, refreshed September 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood Zone	Zone X
Special Flood Hazard Area	No
Flood Hazard	Minimal
500-Year Floodplain	No
Flood Insurance Cost	Premium on Record median of 6 individual NFIP policies nearby
Nearby Flood Policies	6 in force 6 of 6 on primary residences
Nearby Flood Claims	4 (2010–2021)
Claims Outside the SFHA	4 of 4
Most Recent Claim	Jan 2021, rainfall accumulation

Wildfire

Wildfire Risk	Low above 6% of the US · above 5% of Tennessee
Wildfire Likelihood	About 1 in 3,125 per year
Exposure	Direct burnable vegetation at the parcel

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.