7555 Reese Rd Memphis, TN 38133
Estimated Value: $228,953
3
Beds
2
Baths
1,151
Sq Ft
$199/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- No HOA
- Walk-In Closet
- 1 Fireplace
- Double Vanity
- Patio
About This Home
As of April 2025Home sweet home!!! Beautifully updated 3 bedroom 2 bath home has been freshly painted throughout, new flooring, new carpeting in 2 bedrooms, an updated kitchen and a large great room with vaulted ceilings and a cozy wood burning fireplace just in time for the cooler temperatures that are on the way. (Roof is 3 years old, water heater is 1 year old, A/C is only 4 years old). Refrigerator does not stay, the 2 sheds and swing set in the backyard convey as is.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,950
Year Built
- Built in 1988
Lot Details
- 8,276
Parking
- Parking Pad
Home Design
- Traditional Architecture
- Shingle Roof
Interior Spaces
- 1,151 Sq Ft Home
- Property has 3 Levels
- 1 Fireplace
Kitchen
- Oven or Range
- Microwave
- Dishwasher
Flooring
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Double Vanity
Additional Features
- Patio
- 8,276 Sq Ft Lot
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- Fletcher Trace Sec A Subdivision
Listing and Financial Details
- Tax Lot 7
- Assessor Parcel Number 095525 B00007
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 16, 2025
Closed on
Apr 11, 2025
Sold by
Nelson Richard
Bought by
Shipley Cecil and Shipley Taylor
List Price
$245,000
Sold Price
$229,500
Premium/Discount to List
-$15,500
-6.33%
Views
126
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$547
Avg. Annual Appreciation
-0.22%
Original Mortgage
$220,615
Outstanding Balance
$219,231
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$9,722
Purchase Details
Closed on
Jan 15, 2025
Sold by
Nelson Melia
Bought by
Nelson Richard
Purchase Details
Closed on
Jun 26, 2002
Sold by
Wallace Charles Timothy and Wallace Angie
Bought by
Randolph Jennifer A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,547
Interest Rate
6.86%
Mortgage Type
FHA
Purchase Details
Closed on
Aug 30, 1996
Sold by
Sipe Shaun Ashley and Sipe Shannon Abney
Bought by
Wallace Charles Timothy and Wallace Charles Truitt
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,505
Interest Rate
8.21%
Mortgage Type
FHA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Shipley Cecil | $229,500 | None Listed On Document | |
| Nelson Richard | -- | None Listed On Document | |
| Randolph Jennifer A | $94,000 | Mid America Title Agency Inc | |
| Wallace Charles Timothy | $77,000 | -- | |
| Wallace Charles Timothy | $77,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Shipley Cecil | $220,615 | |
| Previous Owner | Randolph Jennifer A | $92,547 | |
| Previous Owner | Wallace Charles Timothy | $77,505 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/12/2025 11/12/25 | For Sale | $245,000 | +6.8% | $213 / Sq Ft |
| 04/16/2025 04/16/25 | Sold | $229,500 | -- | $199 / Sq Ft |
| 04/16/2025 04/16/25 | Pending | -- | -- | -- |
Source: Realtracs
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 | $1,085 | $54,875 | $8,750 | $46,125 |
| 2024 | $1,085 | $32,000 | $6,125 | $25,875 |
| 2023 | $1,949 | $32,000 | $6,125 | $25,875 |
| 2022 | $1,949 | $32,000 | $6,125 | $25,875 |
| 2021 | $1,972 | $32,000 | $6,125 | $25,875 |
| 2020 | $1,621 | $22,375 | $6,125 | $16,250 |
| 2019 | $1,621 | $22,375 | $6,125 | $16,250 |
| 2018 | $1,621 | $22,375 | $6,125 | $16,250 |
| 2017 | $920 | $22,375 | $6,125 | $16,250 |
| 2016 | $950 | $21,750 | $0 | $0 |
| 2014 | $950 | $21,750 | $0 | $0 |
Source: Public Records
Map
Source: Realtracs
MLS Number: 3044128
APN: 09-5525-B0-0007
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