Pending

$160,000

7026 Reese Lake Cv, Memphis, TN 38133

3beds

1,236sqft

$1,149/mo

Get pre-qualified

Single Family Residence

Built in 1996

6,098 Square Feet Lot

$152,700 Zestimate^®

$129/sqft

$-- HOA

What's special

Great opportunity for a value-add rental in a great area. House priced based on current cash flow of $1495- ARV $225,000-$230,000. Property will need updating and some minor repairs. DO NOT DISTURB TENANT!

38 days
292
18

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Level: First
Dimensions: 0 x 0

Bedroom 2

Level: First

Bedroom 3

Level: First

Dining room

Dimensions: 0 x 0

Living room

Dimensions: 0 x 0

Den

Dimensions: 0 x 0

Heating

Other (See REMARKS)

Cooling

Other (See REMARKS)

Features

1 or More BR Down, All Bedrooms Down, Full Bath Down, Primary Down, 2 or More Baths, 2nd Bedroom, 3rd Bedroom, Kitchen, Living Room, Primary Bedroom, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
Number of fireplaces: 2

Interior area

Total interior livable area: 1,236 sqft

Property

Parking

Parking features: Driveway/Pad
Has uncovered spaces: Yes

Features

Stories: 1
Exterior features: Other (See REMARKS)
Pool features: None
Fencing: Wood

Lot

Size: 6,098 Square Feet
Dimensions: 23 x 138
Features: Some Trees

Details

Parcel number: 095101 Q00003

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Condition

New construction: No
Year built: 1996

Community & HOA

Community

Subdivision: Reese Point 1st Addn

Location

Region: Memphis

Financial & listing details

Price per square foot: $129/sqft
Tax assessed value: $239,000
Annual tax amount: $3,149
Price range: $160K - $160K
Date on market: 9/30/2026
Cumulative days on market: 38 days
Listing terms: Conventional,Other (See REMARKS)

Estimated market value

$152,700

$145,000 - $160,000

$1,463/mo

Price history

Date	Event	Price
10/26/2026	Pending sale	$160,000$129/sqft
Source: MAAR #10231451 Report a problem
9/30/2026	Listed for sale	$160,000-14.7%$129/sqft
Source: MAAR #10231451 Report a problem
6/2/2023	Sold	$187,500+46.8%$152/sqft
Source: Public Record Report a problem
1/29/2018	Sold	$127,750+53%$103/sqft
Source: Public Record Report a problem
1/23/2018	Listing removed	$1,125$1/sqft
Source: OCG Property Management - Property # 431353 Report a problem
1/4/2018	Price change	$1,125-8.2%$1/sqft
Source: OCG Property Management - Property # 431353 Report a problem
11/23/2017	Listed for rent	$1,225$1/sqft
Source: OCG Property Management - Property # 431353 Report a problem
10/23/2017	Sold	$83,500-0.8%$68/sqft
Source: Public Record Report a problem
9/16/2002	Sold	$84,200+16.3%$68/sqft
Source: Public Record Report a problem
4/5/2002	Sold	$72,380-9.4%$59/sqft
Source: Public Record Report a problem
5/2/1996	Sold	$79,900$65/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,149 +37.6%	$59,750 +71.9%
2024	$2,288 +8.1%	$34,750
2023	$2,117	$34,750
2022	--	$34,750
2021	--	$34,750 +42%
2020	$782	$24,475
2019	$782 -9.1%	$24,475 +15.2%
2018	$861 -45.1%	$21,250
2017	$1,569 +130.7%	$21,250 +6.3%
2016	$680 +6.4%	$20,000
2014	$639	$20,000
2013	--	$20,000 -0.2%
2012	--	$20,050
2011	--	$20,050 -20.4%
2010	--	$25,200
2009	--	$25,200 +9.6%
2008	--	$23,000
2007	--	$23,000
2006	--	$23,000
2005	--	$23,000 +4.1%
2004	--	$22,100
2003	--	$22,100
2002	--	$22,100
2001	--	$22,100 +12.5%
2000	--	$19,650