NOT LISTED FOR SALE

7361 Red River Cove Memphis, TN 38125

Southern Shelby County Neighborhood

Estimated Value: $288,000 - $360,000

4 Beds
3 Baths
3,271 Sq Ft
$96/Sq Ft Est. Value

About This Home

This home is located at 7361 Red River Cove, Memphis, TN 38125 and is currently estimated at $313,560, approximately $95 per square foot. 7361 Red River Cove is a home located in Shelby County with nearby schools including Highland Oaks Elementary School, Highland Oaks Middle School, and Southwind High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2022
Sold by
Investor Nation Llc
Bought by
Runyan Jacob
Current Estimated Value
$313,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Outstanding Balance
$243,454
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$70,106

Purchase Details

Closed on
Oct 18, 2021
Sold by
Bright Loretta
Bought by
Investor Nation Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,800
Interest Rate
2.3%

Purchase Details

Closed on
Jun 21, 2004
Sold by
Elliott James M and Elliott Gloria B
Bought by
Bright Loretta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,920
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Runyan Jacob $350,000 Haven Title
Investor Nation Llc $237,500 None Available
Bright Loretta $169,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Runyan Jacob $262,500
Previous Owner Investor Nation Llc $201,800
Previous Owner Bright Loretta $135,920
Closed Bright Loretta $33,980
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,850 $72,425 $14,100 $58,325
2024 $1,850 $54,575 $8,350 $46,225
2023 $1,850 $54,575 $8,350 $46,225
2022 $1,850 $54,575 $8,350 $46,225
2021 $1,883 $54,575 $8,350 $46,225
2020 $1,673 $41,300 $8,350 $32,950
2019 $1,673 $41,300 $8,350 $32,950
2018 $1,673 $41,300 $8,350 $32,950
2017 $1,697 $41,300 $8,350 $32,950
2016 $1,560 $35,700 $0 $0
2014 $1,560 $35,700 $0 $0
Source: Public Records

Map

Tennessee Shelby County Memphis 38125 Southern Shelby County

7361 Red River Cove, Memphis, TN

This home is located at 7361 Red River Cove, Memphis, TN 38125 and is currently estimated at $313,560, approximately $95 per square foot. 7361 Red River Cove is a home located in Shelby County with nearby schools including Highland Oaks Elementary School, Highland Oaks Middle School, and Southwind High School.

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