NOT LISTED FOR SALE

7723 Newfound Gap Rd Memphis, TN 38125

Southern Shelby County Neighborhood

Estimated Value: $224,194 - $260,000

3 Beds
2 Baths
1,305 Sq Ft
$182/Sq Ft Est. Value

Last Sold December 14, 2020

Last sale price $169,900 $130 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,400/month

Highlights

  • Wood Flooring
  • Separate Formal Living Room
  • Porch
  • Whirlpool Bathtub
  • Great Room
  • Eat-In Kitchen

About This Home

As of March 2021

Like all our homes, this one features: a great location in a desirable neighborhood, a comfortable layout with good-sized bedrooms and bathrooms, a great kitchen with plenty of counter and cabinet space, many updated and upgraded features, central HVAC and programmable thermostat, garage and a spacious yard, and it's pet friendly.

Last Agent to Rent the Property

Denise Wessel

Progress Residential Property License #341538 Listed on: 01/27/2021

Last Renter's Agent

NON-MLS NON-BOARD AGENT

NON-MLS OR NON-BOARD OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,246

Year Built

  • Built in 1999

Lot Details

  • 6,534 Sq Ft Lot
  • Level Lot

Home Design

  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,305 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Great Room
  • Separate Formal Living Room
  • Dining Room
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Driveway

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System

Community Details

  • Shelby Woodlands Pd Ph 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number D0256T A00053

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,246

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Class: Rental Properties
  • Type: Rental
  • Style Code Use: General Residential
  • MLS Map #: 789C
  • MAAR Subdivision Name: SHELBY WOODLANDS PH1
  • Freestanding: Yes
  • List Price Per Sq Ft: 1
  • Number Of Stories: 1
  • Price Per Sq Ft: 1.21
  • Estimated Sq Ft: 1305
  • Year Built: 1999
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Master Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Laundry Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Master Down, Split Bedroom Plan, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Full Bath Down
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Vented Gas Fireplace
  • Floors/Ceilings: Part Hardwood, Part Carpet
  • Full Bathrooms: 2
  • Equipment: Disposal, Dishwasher, Refrigerator
  • Living Dining Kitchen: Eat-In Kitchen, Great Room, Pantry, Separate Dining Room, Separate Living Room, Washer/Dryer Connections
  • Master Bedroom Dimensions: 14x12
  • Misc Interior: Walk-In Closet(s), Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Laundry Closet
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Porch, Patio
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad, Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Sewer, Public Water

Lot Info

  • Lot Description: Level
  • Lot Number: 53
  • Acreage: 0.15
  • Lot Size: 6600 SF 60 X 110
  • Price Per Acre: 10500

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: D0256T A00053

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2020
Closed on
Dec 14, 2020
Sold by
Robertson Michelle L
Bought by
Progress Memphis Llc
Seller's Agent
Kelvin Lake
Epique Realty
Buyer's Agent
Mike Anderson
Keller Williams
List Price
$169,900
Sold Price
$169,900
Current Estimated Value
$234,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,864
Avg. Annual Appreciation
6.71%

Purchase Details

Closed on
Nov 20, 2001
Sold by
Talford Kevin A and Talford Angela J
Bought by
Robertson Michelle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,872
Interest Rate
6.59%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 23, 1999
Sold by
Bowden Building Corp
Bought by
Talford Kevin A and Talford Angela J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
7.27%
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
Progress Memphis Llc $169,900 Realty Title
Robertson Michelle L $126,867 Southern Escrow Title Compan
Talford Kevin A $112,637 Southern Escrow Title Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Robertson Michelle L $124,000
Previous Owner Robertson Michelle $20,600
Previous Owner Robertson Michelle L $125,872
Previous Owner Talford Kevin A $107,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2021 03/04/21 Rented $1,575 0.0% --
02/06/2021 02/06/21 Under Contract -- -- --
02/05/2021 02/05/21 Price Changed $1,575 +0.3% $1 / Sq Ft
02/03/2021 02/03/21 For Rent $1,570 0.0% --
02/01/2021 02/01/21 Under Contract -- -- --
01/29/2021 01/29/21 Price Changed $1,570 -4.3% $1 / Sq Ft
01/27/2021 01/27/21 For Rent $1,640 0.0% --
12/14/2020 12/14/20 Sold $169,900 0.0% $142 / Sq Ft
10/14/2020 10/14/20 For Sale $169,900 -- $142 / 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 $1,246 $59,650 $11,500 $48,150
2024 $1,246 $36,750 $8,500 $28,250
2023 $1,246 $36,750 $8,500 $28,250
2022 $1,246 $36,750 $8,500 $28,250
2021 $1,268 $36,750 $8,500 $28,250
2020 $1,145 $28,275 $8,500 $19,775
2019 $1,145 $28,275 $8,500 $19,775
2018 $1,145 $28,275 $8,500 $19,775
2017 $1,162 $28,275 $8,500 $19,775
2016 $1,101 $25,200 $0 $0
2014 $1,101 $25,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Landlord's Agent in 2021

    Denise Wessel

    Progress Residential Property

    Section Image

  • N

    Tenant's Agent in 2021

    NON-MLS NON-BOARD AGENT

    NON-MLS OR NON-BOARD OFFICE

  • Kelvin Lake

    Seller's Agent in 2020

    Kelvin Lake

    Epique Realty

    (901) 412-3811

    3 in this area

    60 Total Sales

    Section Image
  • Mike Anderson

    Buyer's Agent in 2020

    Mike Anderson

    Keller Williams

    (901) 570-0603

    73 in this area

    1,259 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10092486

Memphis Area Association of REALTORS®

APN: D0-256T-A0-0053

Tennessee Shelby County Memphis 38125 Southern Shelby County

7723 Newfound Gap Rd, Memphis, TN

This home is located at 7723 Newfound Gap Rd, Memphis, TN 38125 since 27 January 2021 and is currently priced at $238,049. This property was built in 1999. 7723 Newfound 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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