7421 Richmond Rd Memphis, TN 38125
Southern Shelby County NeighborhoodEstimated payment $1,668/month
Total Views
668
4
Beds
3
Baths
2,800-2,999
Sq Ft
$92
Price per Sq Ft
Highlights
- Fireplace in Hearth Room
- Traditional Architecture
- Whirlpool Bathtub
- Vaulted Ceiling
- Main Floor Primary Bedroom
- Attic
About This Home
Excellent investment opportunity! This 4 bed, 3 bath “As Is” brick home offers expansive untapped value. The main floor includes a formal dining room, spacious great room with fireplace, eat in kitchen, and a cozy hearth room with a second fireplace. Upstairs features a large bedroom plus bonus room — ideal for home office, guest suite, or flex space. With no city taxes, low holding costs, and great rental or resale upside, this property is perfectly positioned near parks, Community Center, and major highways. Surrounded by restaurants and retail anchors, this is a rare, cash flow–friendly investment in a growing neighborhood. Sold “As Is” — maximum upside for the right investor.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,737
Year Built
- Built in 1987
Lot Details
- 9,583 Sq Ft Lot
- Lot Dimensions are 80x140
- Wood Fence
- Level Lot
- Few Trees
Home Design
- Traditional Architecture
- Slab Foundation
- Composition Shingle Roof
Interior Spaces
- 2,800-2,999 Sq Ft Home
- 2,934 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Fireplace in Hearth Room
- Some Wood Windows
- Window Treatments
- Great Room
- Dining Room
- Den with Fireplace
- 2 Fireplaces
- Bonus Room
- Keeping Room
- Concrete Flooring
Kitchen
- Eat-In Kitchen
- Oven or Range
Bedrooms and Bathrooms
- 4 Bedrooms | 3 Main Level Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- 3 Full Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Whirlpool Bathtub
- Bathtub With Separate Shower Stall
- Window or Skylight in Bathroom
Laundry
- Laundry Room
- Washer and Dryer Hookup
Attic
- Attic Access Panel
- Pull Down Stairs to Attic
Parking
- 2 Car Garage
- Front Facing Garage
- Driveway
Outdoor Features
- Patio
Utilities
- Central Heating and Cooling System
- 220 Volts
- Cable TV Available
Community Details
- Richmond Hills Sec A 1 Subdivision
Listing and Financial Details
- Assessor Parcel Number D0241A F00003
Map
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Home Values in the Area
Average Home Value in this Area
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 | $1,737 | $79,225 | $13,100 | $66,125 |
| 2024 | $1,737 | $51,225 | $6,550 | $44,675 |
| 2023 | $1,737 | $51,225 | $6,550 | $44,675 |
| 2022 | $1,737 | $51,225 | $6,550 | $44,675 |
| 2021 | $1,767 | $51,225 | $6,550 | $44,675 |
| 2020 | $1,696 | $41,875 | $6,550 | $35,325 |
| 2019 | $1,696 | $41,875 | $6,550 | $35,325 |
| 2018 | $1,696 | $41,875 | $6,550 | $35,325 |
| 2017 | $1,721 | $41,875 | $6,550 | $35,325 |
| 2016 | $1,466 | $33,550 | $0 | $0 |
| 2014 | $1,466 | $33,550 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/18/2025 07/18/25 | For Sale | $275,000 | -- | $98 / Sq Ft |
Source: Memphis Area Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $129,000 | None Available | |
| Trustee Deed | $78,100 | None Available | |
| Warranty Deed | $135,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $5,000,000 | New Conventional | |
| Closed | $1,560,000 | New Conventional | |
| Closed | $169,750 | New Conventional | |
| Closed | $96,750 | New Conventional | |
| Previous Owner | $95,000 | Purchase Money Mortgage | |
| Previous Owner | $196,800 | Unknown | |
| Previous Owner | $43,750 | Stand Alone Second | |
| Previous Owner | $131,250 | Unknown | |
| Previous Owner | $33,124 | Unknown | |
| Previous Owner | $143,450 | Unknown | |
| Previous Owner | $134,931 | FHA |
Source: Public Records
Similar Homes in the area
Source: Memphis Area Association of REALTORS®
MLS Number: 10201503
APN: D0-241A-F0-0003
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