NOT LISTED FOR SALE

7754 New Found Gap Rd Memphis, TN 38125

Southern Shelby County Neighborhood

Estimated Value: $230,000 - $255,000

3 Beds
2 Baths
1,200-1,399 Sq Ft
$177/Sq Ft Est. Value

Sale Details

Date Sold: November 18, 2022

Last sale price $262,500 $188 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $1,461 / mo

26 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Great Room
  • Traditional Architecture
  • Whirlpool Bathtub
  • Eat-In Kitchen

About This Home

As of November 2022

COUNTY TAXES ONLY!! You can be home for the holidays!! This one-owner, well-maintained jewel offers a great location, access to shopping, schools, and spacious backyard! No showings Monday & Thursday!

Last Agent to Sell the Property

Kissten Harris

Pinnacle Realty License #290298 Listed on: 10/21/2022

Last Buyer's Agent

Randall Edwards

Keller Williams License #360013

Keller Williams

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 2002

Lot Details

  • Wood Fence
  • Level Lot

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,255 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Fireplace Features Masonry
  • Window Treatments
  • Great Room
  • Den with Fireplace
  • Attic Access Panel

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range

Flooring

  • Wood
  • Partially Carpeted
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Storm Doors
  • Iron Doors

Parking

  • 2 Car Garage
  • Front Facing Garage

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Shelby Woodlands Ph3 Subdivision

Listing and Financial Details

  • Assessor Parcel Number D0256T C00012

Home Details

Home Type

Single Family

Year Built

Built in 2002

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: Shelby Woodlands PH3
  • List Price Per Sq Ft: 207
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1255
  • Year Built: 2002
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: Double Vanity Bath, Whirlpool(s), Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Hardwood Floor
  • Bedroom 3 Description: Carpet
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Masonry, In Den/Great Room
  • Floors/Ceilings: Part Hardwood, Wood Laminate Floors, Part Carpet, Tile, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Cable Available
  • Living Dining Kitchen: Great Room, Eat-In Kitchen, Breakfast Bar, Pantry, Washer/Dryer Connections
  • Misc Interior: Excl Some Window Treatmnt, Attic Access, Cat/Dog Free House, Vent Hood/Exhaust Fan
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room
  • Primary Bathroom Description: Double Sinks, Separate Shower, Tile Floor, Vaulted/Coffered Ceiling, Whirlpool Tub
  • P R I M A R Y B E D R O O M: Full Bath, Tile Floor, Vaulted/Coffered Ceiling, Walk-In Closet

Exterior Features

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

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Security: Dead Bolt Lock(s)
  • Water Sewer: Electric Water Heater

Lot Info

  • Lot Description: Level, Wood Fenced
  • Lot Size: 9561 SF 60 X 159

Tax Info

  • Assessor Parcel Number: D0256T C00012

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2022
Closed on
Nov 18, 2022
Sold by
Cathey Derrick
Bought by
Seller's Agent
Kissten Harris
Pinnacle Realty
Buyer's Agent
Randall Edwards
Keller Williams
List Price
$260,000
Sold Price
$262,500
Premium/Discount to List
$2,500
0.96%
Views
10
Current Estimated Value
$247,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,179
Avg. Annual Appreciation
-1.56%
Original Mortgage
$240,000
Outstanding Balance
$230,331
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$16,990

Purchase Details

Closed on
Feb 28, 2002
Sold by
Bowden Building Corp
Bought by
Cathey Derrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,850
Interest Rate
8.25%

Purchase Details

Closed on
Nov 20, 2001
Sold by
Shelby Developers 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
$40,000
Interest Rate
6.57%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Southern Shelby County, TN

  • Tony Lavelle Real Estate Agent - BHHS McLemore & Co. Realty

    Tony Lavelle

    Responds Quickly

    BHHS McLemore & Co. Realty

    (901) 403-8295

    52 Total Sales

    4 in Southern Shelby County

    $249K - $412K Price Range

    Tony Lavelle
     Section Image
  • Vashti Parson Real Estate Agent - C21 Patterson & Assoc. Real Es

    Vashti Parson

    C21 Patterson & Assoc. Real Es

    (901) 441-8931

    25 Total Sales

    2 in Southern Shelby County

    $299K - $330K Price Range

    Vashti Parson
     Section Image
  • Daniel Johnson Real Estate Agent - SimpliHOM

    Daniel Johnson

    SimpliHOM

    (901) 350-4020

    23 Total Sales

    1 in Southern Shelby County

    $154,500 Price

    Daniel Johnson
     Section Image
  • Shuntae Brown Real Estate Agent - The Home Partners Realty

    Shuntae Brown

    The Home Partners Realty

    (901) 295-2003

    9 Total Sales

    1 in Southern Shelby County

    $194,000 Price

    Shuntae Brown
     Section Image
  • Sophia Smith Real Estate Agent - Keller Williams

    Sophia Smith

    Keller Williams

    (901) 350-2943

    15 Total Sales

    1 in Southern Shelby County

    $285,000 Price

    Sophia Smith
     Section Image
  • Jennifer Steinmetz Real Estate Agent - REMAX Experts

    Jennifer Steinmetz

    REMAX Experts

    (901) 446-2553

    22 Total Sales

    1 in Southern Shelby County

    $370,000 Price

    Jennifer Steinmetz
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$262,500 Baymark Title
Cathey Derrick $123,597 Southern Escrow Title Compan
Bowden Building Corp $63,000 Southern Escrow Title Compan
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $240,000
Previous Owner Cathey Derrick $98,850
Previous Owner Bowden Building Corp $40,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/18/2022 11/18/22 Sold $262,500 +1.0% $219 / Sq Ft
10/21/2022 10/21/22 For Sale $260,000 -- $217 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,231 $59,225 $11,500 $47,725
2024 $1,231 $36,300 $8,500 $27,800
2023 $1,231 $36,300 $8,500 $27,800
2022 $1,231 $36,300 $8,500 $27,800
2021 $1,252 $36,300 $8,500 $27,800
2020 $1,111 $27,425 $8,500 $18,925
2019 $0 $27,425 $8,500 $18,925
2018 $1,111 $27,425 $8,500 $18,925
2017 $1,127 $27,425 $8,500 $18,925
2016 $1,070 $24,475 $0 $0
2014 $1,070 $24,475 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • KH

    Seller's Agent in 2022

    Kissten Harris

    Pinnacle Realty

    (901) 503-3433

    3 in this area

    28 Total Sales

    Kissten Harris
    Section Image

  • RE

    Buyer's Agent in 2022

    Randall Edwards

    Keller Williams

    (901) 907-5521

    4 in this area

    35 Total Sales

    Randall Edwards
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10136214

Memphis Area Association of REALTORS®

APN: D0-256T-C0-0012

Tennessee Shelby County Memphis 38125 Southern Shelby County

7754 New Found Gap Rd, Memphis, TN

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Memphis Area Association of REALTORS® Listing content and images Copyright 2026 Memphis Area Association of REALTORS®. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it.
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Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393 - 17600 Laguna Canyon Rd, Irvine, CA 92618.

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