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7227 Nicholas Ln; Memphis, TN Property Details

7227 Nicholas Ln, Memphis, TN is a Single Family that was built in 2003. This property is not for sale. Our records show that 7227 Nicholas Ln has 4 bedrooms, and 4 bathrooms, and a total of 3,972 square feet. The lot size of 7227 Nicholas Ln is 20,965 square feet.

Off market
7227 Nicholas Ln Memphis, TN 38125
$113,350 Estimated Value
4 Beds
4 Baths
3,972 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2003
  • Purchase Price: $114,000
  • Open Loans / Balance: 1 / $176,905
  • Est. Equity / %: $217,095 / 55.1%
  • Gross Yield: 11.458%
  • APN: D0-255Q-B0-0015C
  • Situs County: Shelby
  • Length Of Ownership: 30 years, 8 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full Bathrooms: 3
  • Total Rooms: 9
  • Partial Bathrooms: 2

Structure

  • Stories: 1.5
  • Exterior Wall Type: Brick veneer
  • Building Condition: Average
  • Building Quality: B

Measurements

  • Total: 3,972/SqFt
  • Lot: 20,965/SqFt
  • Gross: 4,439/SqFt
  • Garage: 467/SqFt
  • Living: 3,972/SqFt
  • Building: 4,439/SqFt
  • Ground: 2,448/SqFt
  • Price Per Square Foot: $28.70

Legal Description

  • Description: WS BRADFIELD RUN COR NICHOLAS LN
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Shelby County School District
  • Lat / Lon: 35.015648 / -89.82235
  • Subdivision: Bradfield
  • Property Class: Residential
  • Zoning: R-10
  • County Use Code: 062

Amenities

  • Plus Four: 3726
  • Bathroom Fixtures: 17
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central

HOA

  • H O A One Name: Bradfield
  • H O A One Type: Home Owner Association

Ownership Info

7227 Nicholas Ln has no associated ownership info
7227 Nicholas Ln has no associated ownership info.

Taxes

7227 Nicholas Ln has 10 associated Taxes items

7227 Nicholas Ln, Memphis, TN pays taxes in Shelby County, TN. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $113,350. The APN we've located for 7227 Nicholas Ln is D0-255Q-B0-0015C.

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Taxes
  • Assessed Value:  $113,350
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  D0-255Q-B0-0015C
  • Assessed Land Value:  22275
  • Market Land Value:  89100
  • Tax Amount:  3049.12
  • Tax Year:  2025
  • Market Value:  453400
  • Market Year:  2025

Tax History

7227 Nicholas Ln has 6 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $113,350 Land Value $22,275 Improvement Value $91,075 Tax Amount $3,049.12 Change Rate -0.03077% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $92,800 Land Value $11,400 Improvement Value $81,400 Tax Amount $3,145.92 Change Rate Assessed CR Tax Rate +0.0339%
Year 2023 Assessed Value $92,800 Land Value $11,400 Improvement Value $81,400 Tax Amount $3,145.92 Change Rate Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $92,800 Land Value $11,400 Improvement Value $81,400 Tax Amount $3,145.92 Change Rate -0.017391% Assessed CR Tax Rate +0.0339%
Year 2021 Assessed Value $92,800 Land Value $11,400 Improvement Value $81,400 Tax Amount $3,201.6 Change Rate +0.173745% Assessed CR Tax Rate +0.0345%
Year 2020 Assessed Value $67,350 Land Value $11,400 Improvement Value $55,950 Tax Amount $2,727.68 Change Rate Assessed CR Tax Rate +0.0405%