81 Wallace Rd, Memphis, TN 38117 Property Records

Shelby County property record for 81 Wallace Rd, Memphis, TN 38117

Property Summary

Property TypeSingle Family Home
Details5 bd · 3.5 ba · 5,181 sqft · built 1969
Lot Size0.569 acres (24,800 sqft)
Owner2 Individual Names on File
Last Sale$585,000 (Mar 2020)
Tax Bill$4,798 (2025)
Deeds & MortgagesOct 2025 Line of Credit
Jun 2020 Mortgage
+ 3 more
Flood ZoneZone X (minimal risk)
APN05-5011-0-0028

Property Details

APN / Parcel Number

Primary APN05-5011-0-0028

Interior

Bedrooms5 Beds
Full Baths3.5 Baths
Half Baths1 Half Bath
Plumbing Fixtures15 Plumbing Fixtures
Total Rooms13 Rooms
Stories1 Story
Building Area5,181 sqft Living Area
1st Floor Area2,977 sqft
Fireplaces1 Fireplace
FireplaceFireplace

Exterior

Year BuiltBuilt 1969
Effective Year BuiltEffective 1993
Architectural StyleTraditional
Construction TypeFrame
Foundation TypeNo Foundation
Roof TypeGable
Roof MaterialComposition Shingle
Lot Area24,800 sqft (0.569 acres)
Lot Dimensions248 ft deep x 100 ft wide
Garage TypeCarport
Garage Area440 sqft
CarportCarport
Carport Area440 sqft
Parking Spaces2 Parking Spaces
PorchOpen Porch
Porch Area340 sqft

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemCentral
Heating FuelGas

Location & Zoning

Street Address81 WALLACE RD
CityMEMPHIS
StateTN
Zip38117-2229
Property CategoryResidential
Property TypeResidential > Single Family > Home
Local Zoning CodeR-10
Legal SubdivisionBAUMAN SAUL
Legal Lot Number5
JurisdictionSHELBY TN
Township / Civil Division13
Census Block Group2
Census Block2027
Census Tract8600

Owner

81 Wallace Rd is owned and occupied by two individuals who bought it in March 2020.

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

Owner of Record2 Individual Names on File
Mailing Address81 WALLACE RD, MEMPHIS, TN 38117-2229
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
Oct 23, 2025Deed of Trust, Mortgage · Line of Credit
LANDMARK COMMUNITY BANK
Jun 12, 2020Deed of Trust, Mortgage · Conventional Mortgage
FINANCIAL FED'L BK
Mar 9, 2020Warranty Deed, Transfer · Conventional Mortgage
FINANCIAL FED'L BK
Mar 6, 2020Loan Modification, Mortgage · Conventional Mortgage
LANDMARK CMNTY BK
Sep 14, 2017Deed of Trust, Mortgage · Line of Credit
LANDMARK CMNTY BK

Assessor's Deed Record

Deed Names2 Names on Deed
Last SaleMar 9, 2020 · Amount on File
Deed SaleMar 9, 2020 · Amount on File
Prior SaleApr 25, 2014 · Amount on File
Deed Document Number202025465
Record UpdatedSep 20, 2026

October 2025: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionSHELBY TN
Property Address81 WALLACE RD, MEMPHIS, TN 38117-2229
Transaction TypeMortgage
Record UpdatedJun 30, 2026

Transferred To (Grantee/Buyer)

NameVerified Name
Address418 S GOODLETT ST, MEMPHIS, TN 38117-3606

Mortgage

Document Number0025091790
DateOct 23, 2025
Instrument25091790
Lender
NameLANDMARK COMMUNITY BANK
TypeBank
Agreement
TypeLine of Credit

June 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionSHELBY TN
Property Address81 WALLACE RD, MEMPHIS, TN 38117-2229
Document Number0000063762
Instrument DateJun 12, 2020
Transaction TypeMortgage
Record UpdatedJul 2, 2020
Title CompanyNOT AVAILABLE

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipHusband and Wife
Address81 WALLACE RD MEMPHIS TN 381172229, MEMPHIS, TN 38117-2229

Mortgage

Document Number0000063762
DateJun 23, 2020
Instrument63762
Lender
NameFINANCIAL FED'L BK
TypeBank
AddressMEMPHIS, TN 38120
Agreement
TypeConventional Mortgage
AmountAmount on Record
Term360 Months
DueJun 22, 2050

March 2020: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionSHELBY TN
Recording DateMar 9, 2020
Property Address81 WALLACE RD, MEMPHIS, TN 38117-2229
Document Number0000025465
Instrument DateMar 6, 2020
Instrument25465
Transaction TypeTransfer
Record UpdatedMar 24, 2020
Title CompanyATTORNEY ONLY

Transaction

AmountAmount on Record
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$2,165.00
Amount AccuracyConfirmed
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipHusband and Wife
Address81 WALLACE RD MEMPHIS TN 381172229, MEMPHIS, TN 38117-2229

Mortgage

Document Number25466
DateMar 9, 2020
Instrument25466
Lender
NameFINANCIAL FED'L BK
TypeBank
AddressMEMPHIS, TN 38120
Agreement
TypeConventional Mortgage
AmountAmount on Record
Term360 Months
DueMar 8, 2050

March 2020: Loan Modification, Mortgage

Document TypeLoan Modification
JurisdictionSHELBY TN
Property Address81 WALLACE RD, MEMPHIS, TN 38117-2229
Document Number0000025467
Instrument DateMar 6, 2020
Transaction TypeMortgage
Record UpdatedMar 24, 2020
Title CompanyATTORNEY ONLY

Transaction

Additional
  • Multiple Parcels

Transferred To (Grantee/Buyer)

NameVerified Name
Address81 WALLACE RD MEMPHIS TN 381172229, MEMPHIS, TN 38117-2229

Mortgage

Document Number0000025467
DateMar 9, 2020
Instrument25467
Lender
NameLANDMARK CMNTY BK
TypeBank
AddressMEMPHIS, TN 38117
Agreement
TypeConventional Mortgage
AmountAmount on Record

September 2017: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionSHELBY TN
Property Address81 WALLACE RD, MEMPHIS, TN 38117-2229
Document Number0000097641
Instrument DateSep 14, 2017
Transaction TypeMortgage
Record UpdatedMar 24, 2020
Title CompanyNOT AVAILABLE

Transferred To (Grantee/Buyer)

NameVerified Name
Address81 WALLACE RD MEMPHIS TN 381172229, MEMPHIS, TN 38117-2229

Mortgage

Document Number0000097641
DateSep 21, 2017
Instrument97641
Lender
NameLANDMARK CMNTY BK
TypeBank
AddressCOLLIERVILLE, TN 38017
Agreement
TypeLine of Credit
AmountAmount on Record
Term120 Months
DueSep 20, 2027
Interest
Rate TypeAdjustable Rate

Tax Assessment & Valuation

The 2025 property tax bill for 81 Wallace Rd was $4,798.

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$4,798.00$178,375 Land $26,900 Building $151,475$713,500 Land $107,600 Building $605,900
2023$148,850 Land $25,850 Building $123,000
2022$9,067.00
2021$601,900 Land $109,900 Building $492,000

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 81 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 81 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 80% of the US · lower than 72% of Tennessee
Wildfire Likelihood0.02% annual chance
ExposureNone
beyond ember reach

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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