NOT LISTED FOR SALE

7694 New Found Gap Rd Memphis, TN 38125

Southern Shelby County Neighborhood

Estimated Value: $277,000 - $314,000

3 Beds
2.5 Baths
2,200-2,399 Sq Ft
$122/Sq Ft Est. Value

Last Sold September 28, 2018

Last sale price $161,000 $67 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $1,680/month

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Storm Windows
  • Whirlpool Bathtub
  • Eat-In Kitchen
  • Walk-In Closet

About This Home

As of September 2018

Appealing and Spacious 2 story home with spacious game room, and large great room. This one will not last long!

Last Agent to Sell the Property

Lawrence Johnson

Lawrence Johnson, REALTORS License #51942 Listed on: 07/15/2018

Last Buyer's Agent

Angelia Parks-Wilson

Fast Track Realty, LLC License #276812

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,643

Year Built

  • Built in 1999

Lot Details

  • 0.27 Acre Lot
  • Chain Link Fence

Home Design

  • Traditional Architecture
  • Property Attached
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,200-2,399 Sq Ft Home
  • 2,221 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Window Treatments

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Iron Doors

Parking

  • 2 Car Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Shelby Woodlands Pd Ph1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number D0256T A00012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,643

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 789C
  • MAAR Subdivision Name: SHELBY WOODLANDS PH1
  • List Price Per Sq Ft: 73
  • Number Of Stories: 2
  • Price Per Sq Ft: 72.49
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2221
  • Year Built: 1999
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Second Story Floor Plan: 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Up, Primary Up, Luxury Primary Bath, Whirlpool(s), Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 2200-2399
  • Bedrooms: 3
  • Floors/Ceilings: Part Carpet, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Dishwasher, Washer, Dryer, Cable Wired
  • Living Dining Kitchen: Eat-In Kitchen, Pantry, Island In Kitchen
  • Misc Interior: All Window Treatments
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2.1
  • Primary Bathroom Description: Whirlpool Tub
  • P R I M A R Y B E D R O O M: Walk-In Closet

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Storage Building, Patio
  • Exterior Windows: Brick Veneer, Storm Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2
  • Parking Storage: Garage Door Opener(s)

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Electric Water Heater

Lot Info

  • Lot Description: Chain Fenced
  • Lot Number: 12
  • Acreage: 0.27
  • Lot Size: 11882 SF 60 X 198
  • Price Per Acre: 598148

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: D0256T A00012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2018
Closed on
Sep 28, 2018
Sold by
Mason April J
Bought by
Thomas Angela and Thomas Edwin M
Seller's Agent
Lawrence Johnson
Lawrence Johnson, REALTORS
Buyer's Agent
Angelia Parks-Wilson
Fast Track Realty, LLC
List Price
$161,500
Sold Price
$161,000
Premium/Discount to List
-$500
-0.31%
Current Estimated Value
$292,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,172
Avg. Annual Appreciation
8.78%
Original Mortgage
$158,083
Outstanding Balance
$138,703
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$151,188

Purchase Details

Closed on
Oct 30, 2009
Sold by
Swinford James C and Swinford Tina R
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Dec 28, 1998
Sold by
Bowden Building Corp
Bought by
Swinford James C and Swinford Tina R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,135
Interest Rate
6.87%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 10, 1998
Sold by
Cmcs Llc
Bought by
Bowden Building Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,200
Interest Rate
6.99%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 3, 1998
Sold by
Cmcs Llc
Bought by
Bowden Building Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,700
Interest Rate
7.23%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
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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
Thomas Angela $161,000 Preferred Title & Escrow
The Secretary Of Housing & Urban Develop $123,414 None Available
Swinford James C $133,113 Southern Escrow Title Compan
Bowden Building Corp $22,000 Southern Escrow Title Compan
Bowden Building Corp $22,000 Southern Escrow Title Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Angela $21,214
Open Thomas Angela $158,083
Previous Owner Mason April J $97,372
Previous Owner Swinford Tina R $33,395
Previous Owner Swinford James C $12,000
Previous Owner Swinford James C $131,135
Previous Owner Bowden Building Corp $107,200
Previous Owner Bowden Building Corp $88,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2018 09/28/18 Sold $161,000 -0.3% $73 / Sq Ft
08/07/2018 08/07/18 Pending -- -- --
07/15/2018 07/15/18 For Sale $161,500 -- $73 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $1,643 $74,250 $11,500 $62,750
2024 $1,643 $48,475 $8,500 $39,975
2023 $1,643 $48,475 $8,500 $39,975
2022 $1,643 $48,475 $8,500 $39,975
2021 $1,672 $48,475 $8,500 $39,975
2020 $1,529 $37,750 $8,500 $29,250
2019 $1,529 $37,750 $8,500 $29,250
2018 $1,529 $37,750 $8,500 $29,250
2017 $1,552 $37,750 $8,500 $29,250
2016 $1,404 $32,125 $0 $0
2014 $1,404 $32,125 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2018

    Lawrence Johnson

    Lawrence Johnson, REALTORS

    Section Image

  • A

    Buyer's Agent in 2018

    Angelia Parks-Wilson

    Fast Track Realty, LLC

    (901) 336-4313

    5 Total Sales

    Angelia Parks-Wilson
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10032010

Memphis Area Association of REALTORS®

APN: D0-256T-A0-0012

Tennessee Shelby County Memphis 38125 Southern Shelby County

7694 New Found Gap Rd, Memphis, TN

This home is located at 7694 New Found Gap Rd, Memphis, TN 38125 since 15 July 2018 and is currently estimated at $292,172, approximately $121 per square foot. This property was built in 1999. 7694 New Found Gap Rd is a home located in Shelby County with nearby schools including Southwind Elementary School, Highland Oaks Middle School, and Southwind High School.

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