7240 Richmond Road
Recent comparable sales
Median sold price
$285,000
Avg days on market
11
Sale-to-list ratio
100.7%
Memphis, TN
9 comparable properties found
$310,000
Sold 05/27/25
- 3
- Bedrooms
- 2
- Bathrooms
- 2,534
- Square Feet
- 0.42
- Acres
$289,900
Sold 10/16/24
- 3
- Bedrooms
- 3
- Bathrooms
- 2,783
- Square Feet
- 0.24
- Acres
Location
Payment Calculator
$1,465 per month
30 year fixed, 6.71% Interest
$1,302
$163
$0
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1Property Information for 7240 Richmond Road
- MLS Type: Sale / Residential / Building / 1 / 1
- County: Shelby County
- Stories: 1
- Year Built: 1987
- Lot Size: 0.49 AC / 21,562 SF
Property History for 7240 Richmond Road
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Jul 6, 2021 | Sold (Public Record) Public Record #1466009520 | $252,000 | +11.0% / yr |
| Dec 22, 2010 | Sold MAARMLS #3206984 | $83,475 | — |
| Nov 29, 2010 | Sold (Public Record) Public Record #302608193 | $83,475 | -23.4% / yr |
| Nov 17, 2010 | Contract Signed MAARMLS #3206984 | — | |
| Aug 25, 2010 | Temporarily Off Market MAARMLS #3189159 | — | |
| Aug 25, 2010 | Listed (Active) MAARMLS #3206984 | $94,900 | — |
| Jan 17, 2010 | Listed (Active) MAARMLS #3189159 | $114,900 | — |
| Jan 15, 2008 | Temporarily Off Market MAARMLS #3123536 | — | |
| Dec 7, 2007 | Sold (Public Record) Public Record #232086541 | $185,000 | +1581.1% / yr |
| Nov 13, 2007 | Listed (Active) MAARMLS #3123536 | $190,000 | — |
| Oct 31, 2007 | Sold (Public Record) Public Record #229208579 | $139,000 | — |
| Oct 31, 2007 | Sold (Public Record) Public Record #229208580 | $104,000 | -26.4% / yr |
| Oct 31, 2007 | Sold MAARMLS #3112205 | $104,000 | — |
| Oct 17, 2007 | Contract Signed MAARMLS #3112205 | — | |
| Jul 30, 2007 | Temporarily Off Market MAARMLS #2663035 | — | |
| Jul 24, 2007 | Listed (Active) MAARMLS #3112205 | $103,900 | — |
| Jan 26, 2007 | Listed (Active) MAARMLS #2663035 | $134,900 | — |
| Sep 13, 2005 | Sold (Public Record) Public Record #166815697 | $200,000 | — |
| Aug 16, 2005 | Sold (Public Record) Public Record #163642401 | $148,000 | — |
| Aug 16, 2005 | Sold MAARMLS #2602947 | $148,000 | — |
| Jul 7, 2005 | Contract Signed MAARMLS #2602947 | — | |
| Jun 10, 2005 | Listed (Active) MAARMLS #2602947 | $149,900 | — |
| Jan 21, 2005 | Listed (Active) MAARMLS #2588998 | $150,000 | — |
| Sep 28, 2004 | Listed (Active) MAARMLS #2580726 | $155,000 | — |
| May 21, 1999 | Sold MAARMLS #9901643 | $149,900 | — |
| Apr 12, 1999 | Contract Signed MAARMLS #9901643 | — | |
| Jan 27, 1999 | Listed (Active) MAARMLS #9901643 | $144,900 | — |
| Date | Event & Source | Price |
|---|---|---|
| 07/06/2021 | Sold (Public Record) Public Record #1466009520 | $252,000 +11.0% / yr |
| 12/22/2010 | Sold MAARMLS #3206984 | $83,475 |
| 11/29/2010 | Sold (Public Record) Public Record #302608193 | $83,475 -23.4% / yr |
| 11/17/2010 | Contract Signed MAARMLS #3206984 | — |
| 08/25/2010 | Temporarily Off Market MAARMLS #3189159 | — |
| 08/25/2010 | Listed (Active) MAARMLS #3206984 | $94,900 |
| 01/17/2010 | Listed (Active) MAARMLS #3189159 | $114,900 |
| 01/15/2008 | Temporarily Off Market MAARMLS #3123536 | — |
| 12/07/2007 | Sold (Public Record) Public Record #232086541 | $185,000 +1581.1% / yr |
| 11/13/2007 | Listed (Active) MAARMLS #3123536 | $190,000 |
| 10/31/2007 | Sold (Public Record) Public Record #229208579 | $139,000 |
| 10/31/2007 | Sold (Public Record) Public Record #229208580 | $104,000 -26.4% / yr |
| 10/31/2007 | Sold MAARMLS #3112205 | $104,000 |
| 10/17/2007 | Contract Signed MAARMLS #3112205 | — |
| 07/30/2007 | Temporarily Off Market MAARMLS #2663035 | — |
| 07/24/2007 | Listed (Active) MAARMLS #3112205 | $103,900 |
| 01/26/2007 | Listed (Active) MAARMLS #2663035 | $134,900 |
| 09/13/2005 | Sold (Public Record) Public Record #166815697 | $200,000 |
| 08/16/2005 | Sold (Public Record) Public Record #163642401 | $148,000 |
| 08/16/2005 | Sold MAARMLS #2602947 | $148,000 |
| 07/07/2005 | Contract Signed MAARMLS #2602947 | — |
| 06/10/2005 | Listed (Active) MAARMLS #2602947 | $149,900 |
| 01/21/2005 | Listed (Active) MAARMLS #2588998 | $150,000 |
| 09/28/2004 | Listed (Active) MAARMLS #2580726 | $155,000 |
| 05/21/1999 | Sold MAARMLS #9901643 | $149,900 |
| 04/12/1999 | Contract Signed MAARMLS #9901643 | — |
| 01/27/1999 | Listed (Active) MAARMLS #9901643 | $144,900 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public Records for 7240 Richmond Road
Schools near 7240 Richmond Road
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 8 | |||
| Public - | 9 to 12 | |||
| Charter - | PK to 5 | |||
| Charter - | 6 to 8 |
Rating | School | Distance |
|---|---|---|
Lowrance Elementary School PublicPK to 8 | ||
Southwind High School Public9 to 12 | ||
Memphis Business Academy Hickory Hill Elementary School CharterPK to 5 | ||
Memphis Business Academy Hickory Hill Middle School Charter6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
New listings in 38125
$210,000
- 3
- Bedrooms
- 3
- Bathrooms
- Unavailable
- Square Feet
- 0.11
- Acres
$215,000
- 3
- Bedrooms
- 2
- Bathrooms
- Unavailable
- Square Feet
- 0.17
- Acres
Nearby home values
| Address | Sold price | Beds | Baths | Sqft | Lot (Sqft) |
|---|---|---|---|---|---|
This home: 7240 Richmond Road, Memphis, TN 38125 | $252,000 | 3 | 2 | 2,854 | 21,562 |
$167,000 | 4 | 3 | 3,400 | 0 | |
– | 3 | 3 | 2,314 | 15,420 | |
$139,000 | 3 | 3 | 2,170 | 27 | |
$136,900 | 4 | 3 | 2,693 | 15,246 | |
– | 3 | 2 | 1,928 | 17,729 | |
– | 3 | 2 | 2,066 | 10,019 | |
$138,000 | 3 | 3 | 2,022 | 0 | |
$83,000 | 3 | 2 | 1,793 | 10,018 | |
$149,900 | 4 | 3 | 2,399 | 10,018 | |
– | 4 | 3 | 3,079 | 15,638 | |
– | 4 | 3 | 3,823 | 27,051 | |
$139,000 | 4 | 3 | 2,189 | 10,018 | |
– | 3 | 2 | 2,160 | 13,983 | |
– | 3 | 2 | 2,188 | 10,019 | |
$78,300 | 4 | 2 | 2,934 | 13,721 |
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The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Services of MAAR, Reelfoot Regional AOR and Central West Tennessee Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Compass are identified with the MAAR, Reelfoot Regional AOR and Central West Tennessee Association of Realtors logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by MAAR, Reelfoot Regional AOR and Central West Tennessee Association of Realtors. Listing information Copyright© 2026 MLS of MAAR, Reelfoot Regional AOR and Central West Tennessee Association of Realtors, Inc. All Rights Reserved.