$2,731 Closing Credit¹
#10198961, Listing office: REMAX Experts
$229,500 List price
7118 Reese Rd Memphis, TN 38133
$2,725
Closing credit¹
3 beds
2 full
0.2 acres
House
Property details
About 7118 Reese Rd
Seller to pay 3,000 towards Buyer's Concessions/Closing Costs! Experience ultimate comfort and convenience in this impressive 3 bed 2 bath home featuring a sing level design. The interior boasts a spacious eat-in kitchen with adjacent dining room, ideal for office space. The primary bedroom features an ensuite, while the fenced in backyard offers ample space for outdoor recreation, entertainment and enjoyment -- not to mention, it is complemented with a concrete patio! Fresh paint, new flooring, and new sliding door all completed in 2022. Seller willing to sell furnished. The home's primary location offers easy access to the 240 loop, shopping, food and more!
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Lot size0.21 Acres
Year built1986
ParkingDriveway/Pad
MLS #10198079
Summary
- Full Bathrooms: 2
- Flooring Type: Part Carpet, Tile, Vinyl/Luxury Vinyl Floor
- Interior: Pull Down Attic Stairs
- Total Bedroom Count: 3
- Parking: Driveway/Pad
- Exterior: Wrought Iron Security Drs, Patio, Wood Fence
- Architectural Style: Traditional
- Heating: Central
- Cooling: Central Air
- List Price: $229,500
- Annual Tax Amount: $2,014
- Tax Year: 2024
- Lot: Fencing
- Directions: From Appling, go west onto Reese. Home is on the right side past the lake.
- Year Built: 1986
- Stories: 1
- Lot Size: 0.21 Acres
- MLS Number: 10198079
- Office Name: Renshaw Company, REALTORS
Copyright© 2025 Memphis Area Association of REALTORS. The 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 that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/26/2025, 2:45:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$229,500
7118 Reese Rd
$2,725
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 22, 2022 | Home Sold | $200,000 |
| Jun 22, 2011 | Home Sold | $79,900 |
| May 06, 2011 | Home Sold | $40,000 |
| Jul 12, 2004 | Home Sold | $89,900 |
| Jun 11, 2004 | Home Sold | $60,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $33,075 | $2,014 |
| 2023 | $33,075 | $2,014 |
| 2022 | $33,075 | $2,038 |
| 2021 | $33,075 | $2,038 |
| 2020 | $22,300 | $1,615 |
| 2019 | $22,300 | $1,615 |
| 2018 | $22,300 | $916 |
| 2017 | $22,300 | $868 |
History based on county public records data.
Nearby schools
5
Kate Bond Elementary School
Public District PK-5
1.3 mi
•2727 Kate Bond Rd
5
Altruria Elementary
Public District PK-5
1.7 mi
•6641 Deermont Dr
3
Dexter Elementary School
Public District PK-5
1.9 mi
•7105 Dexter Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $48,907. The most common annual income of people living in Memphis, TN is between $35k-100k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
16%
<35k
71%
35k-100k
13%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
33%
Single, No Kids
12%
Single, with Kids
24%
Married, No Kids
31%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
20%
<11 yrs old
8%
12-17 yrs old
28%
18-34 yrs old
39%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Soccer
Mexican League Soccer
College Basketball
Where do the neighbors shop?
Burlington
Books-a-Million
Dillards
Where do the neighbors go to eat?
Wingstop
Church's Chicken
Logan's Roadhouse
What do the neighbors drive?
Nissan
Toyota
Hyundai
What do the neighbors listen to?
Christian Adult Contemporary
Adult Hits
Rock
All data provided by Home Junction and Claritas
Similar homes for sale
Frequently asked questions
Living in Memphis, TN
Memphis features a comprehensive transport infrastructure that includes a public transit system serving residents and visitors alike. The city's layout and road network facilitate easy commuting by car, with major highways connecting Memphis to surrounding areas. While certain neighborhoods are known for their walkability, the city as a whole is continuously working to improve pedestrian and bike paths to enhance accessibility and encourage eco-friendly modes of transport.
The community benefits from a well-rounded selection of services, including a network of public and private schools that cater to educational needs at all levels. Healthcare facilities are distributed throughout the city, offering a range of services from routine care to specialized treatments. Public libraries serve as valuable resources for residents, and the city's retail and dining establishments reflect the local culture, with an emphasis on Southern cuisine and unique boutiques.
Memphis is celebrated for its vibrant music scene and rich cultural heritage, which are integral to the city's character. The community prides itself on being the home of blues, soul, and rock 'n' roll, with landmarks such as Beale Street and the annual Memphis in May festival highlighting its musical legacy. The city's character is further defined by its friendly residents and a sense of small-town camaraderie amidst its urban setting.
Memphis offers a diverse array of housing options, with single-family homes being a significant part of the market. Architectural styles range from charming historic bungalows to sleek contemporary new builds. The housing landscape is varied, with a mix of older homes that reflect the city's rich history and newer developments that cater to modern living preferences. While the homeownership rate is robust, there is also a healthy rental market that provides options for those not looking to buy.
About 7118 Reese Rd
The listing price of 7118 Reese Rd property is $229,500.
The property 7118 Reese Rd is a house located in Memphis, Tennessee, 38133.
Active Listing: 7118 Reese Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 7118 Reese Rd are: Kate Bond Elementary School (GreatSchools Rating 5/10), Altruria Elementary (GreatSchools Rating 5/10), Dexter Elementary School (GreatSchools Rating 3/10), Kate Bond Middle School (GreatSchools Rating 3/10), Elmore Park Middle School (GreatSchools Rating 5/10), Dexter Middle School (GreatSchools Rating 5/10), Bartlett High School (GreatSchools Rating 7/10), Memphis Rise Academy (GreatSchools Rating 5/10), Craigmont High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2024 is $2,014 (source: MLS/based on county public records data).
The last sale was on August 22, 2022 for $200,000 (source: MLS/tax record).
The property at 7118 Reese Rd has 3 bedrooms and 2 bathrooms.
The year of construction for 7118 Reese Rd is 1986.
This home is located at 7118 Reese Rd in Memphis, TN and zip code 38133. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 3, 2025 and is currently priced at $229,500.
Memphis, TN housing market in May 2025 saw over 70 listings sold above listed price, more than 110 sold at listed price and over 263 sold below. In May 2025 in Memphis, TN there were 11.3% more homes for sale than in April. In May 2025 median list price was $220,000 and the average listing age was 10 days.
From Rocket Homes Real Estate and based on county public records data.