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7700 New Found Gap Rd; Memphis, TN Property Details

7700 New Found Gap Rd, Memphis, TN is a Single Family that was built in 1999. This property is currently Cash Purchase,Bank Sale and is not for sale. Our records show that 7700 New Found Gap Rd has 3 bedrooms, and 2 bathrooms, and a total of 1,341 square feet. The lot size of 7700 New Found Gap Rd is 11,567 square feet.

Off market
7700 New Found Gap Rd Memphis, TN 38125
$59,050 Estimated Value
3 Beds
2 Baths
1,341 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1999
  • Purchase Price: $120,000
  • Open Loans / Balance: 1 / $69,752
  • Est. Equity / %: $172,248 / 71.18%
  • Gross Yield: 8.147%
  • APN: D0-256T-A0-0011
  • Situs County: Shelby
  • Length Of Ownership: 19 years, 8 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 6

Structure

  • Stories: 1
  • Exterior Wall Type: Brick veneer
  • Building Condition: Average
  • Building Quality: A

Measurements

  • Total: 1,341/SqFt
  • Lot: 11,567/SqFt
  • Gross: 1,761/SqFt
  • Garage: 420/SqFt
  • Living: 1,341/SqFt
  • Building: 1,761/SqFt
  • Ground: 1,341/SqFt
  • Price Per Square Foot: $89.49

Legal Description

  • Description: NS NEWFOUND GAP ROAD
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: 35.017742 / -89.80629
  • Subdivision: Shelby Woodlands Pd Ph 1
  • Property Class: Residential
  • Zoning: CA
  • County Use Code: 062

Amenities

  • Plus Four: 5708
  • Bathroom Fixtures: 6
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

HOA

  • H O A One Name: Shelby Woodlands
  • H O A One Type: Home Owner Association
  • H O A Two Name: Shelby Woodlands P.D., Phase I, Parcel E & Part Of Parcel D, South Pointe At Shelby Woodlands
  • H O A Two Type: Home Owner Association

Ownership Info

7700 New Found Gap Rd has no associated ownership info
7700 New Found Gap Rd has no associated ownership info.

Taxes

7700 New Found Gap Rd has 10 associated Taxes items

7700 New Found Gap Rd, 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 $59,050. The APN we've located for 7700 New Found Gap Rd is D0-256T-A0-0011.

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Taxes
  • Assessed Value:  $59,050
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  D0-256T-A0-0011
  • Assessed Land Value:  11500
  • Market Land Value:  46000
  • Tax Amount:  1588.45
  • Tax Year:  2025
  • Market Value:  236200
  • Market Year:  2025

Tax History

7700 New Found Gap Rd has 11 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $59,050 Land Value $11,500 Improvement Value $47,550 Tax Amount $1,588.45 Change Rate +0.308853% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $35,800 Land Value $8,500 Improvement Value $27,300 Tax Amount $1,213.62 Change Rate Assessed CR Tax Rate +0.0339%
Year 2023 Assessed Value $35,800 Land Value $8,500 Improvement Value $27,300 Tax Amount $1,213.62 Change Rate Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $35,800 Land Value $8,500 Improvement Value $27,300 Tax Amount $1,213.62 Change Rate -0.017391% Assessed CR Tax Rate +0.0339%
Year 2021 Assessed Value $35,800 Land Value $8,500 Improvement Value $27,300 Tax Amount $1,235.1 Change Rate +0.105938% Assessed CR Tax Rate +0.0345%
Year 2020 Assessed Value $27,575 Land Value $8,500 Improvement Value $19,075 Tax Amount $1,116.79 Change Rate Assessed CR Tax Rate +0.0405%
Year 2019 Assessed Value $27,575 Land Value $8,500 Improvement Value $19,075 Tax Amount $1,116.79 Change Rate Assessed CR Tax Rate +0.0405%
Year 2018 Assessed Value $27,575 Land Value $8,500 Improvement Value $19,075 Tax Amount $1,116.79 Change Rate -0.014594% Assessed CR Tax Rate +0.0405%
Year 2017 Assessed Value $27,575 Land Value $8,500 Improvement Value $19,075 Tax Amount $1,133.33 Change Rate Assessed CR Tax Rate +0.0411%
Year 2016 Assessed Value $24,600 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $24,600 Land Value Improvement Value Tax Amount $1,075.02 Change Rate Assessed CR Tax Rate +0.0437%