OFF MARKET

Off market apr 2018 for $818K

$1,142,964

Est. refi paymentEst. refi $6,096/mo

•

8 ba

•

View

sq ft

5740 Forest Gate Rd, Memphis, TN 38120

About this home

Don't miss this rare opportunity to purchase such an incredible amount of real estate on an awesome cove lot in a great E. Memphis location and at a great price!! This custom built stately traditional has high ceilings, large rooms, 3BR, 3.2 BA down, 3BR, 3BA upstairs, 1BR, 1BA and playroom/den w FP in walkout basement are some of the features of this amazing home. Beautiful grounds, a Gunite pool and pool house. May need some updates, but plenty of room at this price. 1 ac. adjacent lot $290K.

Single-familyProperty Type

1966Year Built

0.9 acresLot Size

$143Est. Price/Sq.Ft.

3 spacesParking

Listed by Macky Sneed • Sneed Company, REALTORS

Bought with Sheldon Rosengarten • Marx-Bensdorf, REALTORS

Redfin checked: a minute ago

•Source:Memphis Area Association of Realtors(R) MLS #10010633

Redfin Estimate

$1,142,964

$325K since sold in April 2018$0 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 76.5% higher than the average sale price ($648K) of 6 comparable homes.

SOLD SEP 23, 2026
$765,000
A
6 beds4.5 baths— sq ft
5360 Normandy Ave, Memphis, TN 38120
SOLD OCT 19, 2026
$700,000
B
5 beds5.5 baths— sq ft
6021 River Oaks Cv, Memphis, TN 38120
SOLD SEP 15, 2026
$411,500
C
5 beds3.5 baths3,250 sq ft
233 Lynnfield St, Memphis, TN 38120
Listing provided by realtracs
SOLD OCT 27, 2026
5721 Woodbriar Cv, Memphis, TN 38120
$420,000
D
5 beds3.5 baths3,107 sq ft
5721 Woodbriar Cv, Memphis, TN 38120
Listing provided by realtracs
SOLD OCT 7, 2026
$925,000
E
4 beds6.5 baths— sq ft
425 Sweetbrier Rd, Memphis, TN 38120
SOLD JUL 7, 2026
$665,000
F
4 beds4 baths— sq ft
5476 Shady Grove Ter, Memphis, TN 38120

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Refinance

Est. cash available

Get cash now or lower your monthly rate

Rent

$4,377/mo

Redfin rental estimate

List your home for rent

Market trends in 38120, TN

Last updated October 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price

95.8%

0.8% MoM

Median sale price

$416K

$24K MoM

Avg. days on market

37d

6 days MoM

Recently sold homes

5 MoM

New listings for sale

NEW 9 HRS AGO
$320,000
3 beds3 baths— sq ft
5242 Boswell Ave, Memphis, TN 38120
$429,900
4 beds3.5 baths— sq ft
5330 Walnut Grove Rd, Memphis, TN 38120
$465,000
4 beds3 baths— sq ft
5528 Southwood Dr, Memphis, TN 38120
$190,000
3 beds2.5 baths— sq ft
863 S Yates Rd #4, Memphis, TN 38120
$115,000
2 beds2 baths— sq ft
6680 Whispering Oak Pl #7, Memphis, TN 38120
$325,000
4 beds2.5 baths— sq ft
5685 Mason Rd, Memphis, TN 38120
$294,000
4 beds2 baths— sq ft
424 Malboro Rd, Memphis, TN 38120
$94,900
1 bed1 bath— sq ft
6750 Meadow Oak Pl, Memphis, TN 38120
$589,900
5 beds3.5 baths— sq ft
6626 Massey Ln, Memphis, TN 38120
See all

Provided by Redfin

Sale history for 5740 Forest Gate Rd

Year

Property tax

Land + Additions

Assessment*

2025

$16,097 (+2.7%)

$84,350 + $221,050

$305,400

2024

$15,680 (+8.1%)

$84,350 + $221,050

$305,400

2023

$14,504

$63,275 + $174,825

$238,100

2022

$14,504 (−11.7%)

$63,275 + $174,825

$238,100

2021

$16,420 (+8.2%)

$63,275 + $174,825

$238,100

2020

$15,182 (−5.1%)

$63,275 + $203,150

$266,425

2019

$16,005

$63,275 + $146,250

$209,525

2018

$16,005 (+68.7%)

$63,275 + $157,600

$220,875

2017

$9,489 (+8.6%)

$63,275 + $157,600

$220,875

2016

$8,740 (−10.1%)

$63,275 + $167,600

$230,875

2014

$9,726

$63,275 + $159,300

$222,575

Tax history for 5740 Forest Gate Rd

Year

Property tax

Land + Additions

Assessment*

2025

$16,097 (+2.7%)

$84,350 + $221,050

$305,400

2024

$15,680 (+8.1%)

$84,350 + $221,050

$305,400

2023

$14,504

$63,275 + $174,825

$238,100

2022

$14,504 (−11.7%)

$63,275 + $174,825

$238,100

2021

$16,420 (+8.2%)

$63,275 + $174,825

$238,100

2020

$15,182 (−5.1%)

$63,275 + $203,150

$266,425

2019

$16,005

$63,275 + $146,250

$209,525

2018

$16,005 (+68.7%)

$63,275 + $157,600

$220,875

2017

$9,489 (+8.6%)

$63,275 + $157,600

$220,875

2016

$8,740 (−10.1%)

$63,275 + $167,600

$230,875

2014

$9,726

$63,275 + $159,300

$222,575

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning
Permits

Beds

Baths

Stories

1.7

Lot width

166 ft.

Lot depth

206 ft.

Lot size

0.91 Acres

Year renovated

—

Sq. Ft.

7,619

Year built

1966

Style

Single Family Residential

County

Shelby County

APN

056055 00022

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 22, 2026.

R-10

Residential Single-Family-10 District

The single-family residential districts are intended to accommodate one single-family detached principal dwelling unit per lot. These districts should be applied in areas where the land-use pattern is predominately single-family residential or where such a land use pattern is desired in the future. 5 single-family residential districts are established-R-10 which are differentiated primarily on the basis of minimum lot area and setback requirements.; New R-10 districts are generally located at least 1,500 to 2,000 ft from a CMU-1, CMU-2, CMU-3 or CBD district.

Permitted uses

Include but are not limited to:

Religious facility
Housing-Senior
Infrastructure
Educational/school
Fire house
Police station
Recreation
Park & open space

Property details

Parking

Parking Information
# of Covered Parking Spaces: 3
Carport/Garage: Garage
Parking/Storage: Driveway/Pad, Circular Drive, Storage Room(s), Side-Load Garage
Attached/Detached Parking: Attached

Interior

Bedroom Information
# of Bedrooms (Lower): 3
# of Bedrooms: 7
# of Bedrooms: 7
# of Bedrooms Down: 3
Master Bedroom Dimensions: 18 x 18
Master Bedroom Dimensions: 18 x 18
Master Bedroom Description: Level 1, Walk-In Closet, Full Bathroom, Smooth Ceiling, Hardwood Floor
Bedroom 2 Dimensions: 15 x 14
Bedroom 2 Dimensions: 15 x 14
Bedroom 2 Description: Level 1, Private Half Bathroom, Shared Bathroom, Smooth Ceiling, Hardwood Floor
Bedroom 3 Dimensions: 15 x 14
Bedroom 3 Dimensions: 15 x 14
Bedroom 3 Description: Level 1, Private Half Bathroom, Shared Bathroom, Smooth Ceiling, Hardwood Floor
Bedroom 4 Dimensions: 15 x 15
Bedroom 4 Description: Level 2, Private Full Bathroom, Smooth Ceiling, Hardwood Floor
Bedroom 5 Dimensions: 17 x 15
Bedroom 5 Description: Level 2, Private Full Bathroom, Smooth Ceiling, Hardwood Floor

Bathroom Information
# of Baths (Full): 7
# of Baths (1/2): 2
# of Bathrooms (Full): 7
# of Bathrooms (1/2): 2
Master Bathroom Description: Double Sinks, Separate Shower, Separate His/ Her Bathrooms, Dressing Area, Smooth Ceiling, Tile Floor

Interior Features
# of Fireplaces: 3
# of Rooms: 15
# of Stories: 2.5
1st Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Master Bedroom, 2nd Bedroom, 3rd Bedroom, 1/2 Bathroom, 2+ Bathrooms, Laundry Room, Breakfast Room
2nd Story Floor Plan: 4th+ Bedrooms, 2+ Bathrooms, Office
Miscellaneous Interior: All Window Treatments, Walk-In Closet(s), Rear Stairs To Playroom, Security System
Interior Equipment: Double Oven, Cooktop, Disposal, Dishwasher, Refrigerator, Separate Ice Maker
Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Marble/Terrazzo, Smooth Ceiling, 9+ Ft. Ceiling, Two Story Foyer
Fireplace: Masonry, In Living Room, In Den/Great Room, In Other Room

Room Information
Living Room Dimensions: 22 x 17
Dining Room Dimensions: 18 x 16
Den/Great Room Dimensions: 25 x 17
Kitchen Dimensions: 16x13
Dining Room Dimensions: 18x16
Breakfast Dimensions: 13x14
Living Room Dimensions: 22x17
Living/Dining/Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Separate Breakfast Room, Pantry, Island In Kitchen
Office Dimensions: 13x11
Office Description: Level 2, Smooth Ceiling, Hardwood Floor
Den/Great Room Dimensions: 25x17
Play/Bonus Room Dimension: 24 x 23
Other Rooms: Laundry Room, Play Room, In-Law Quarters, Separate Guest House, Entry Hall, Attic, Storage Room
Additional Bedroom/Bathroom Info: Master Bedroom Down, Double Vanity Bathroom , Separate Tub & Shower, 2 Full Master Bathrooms, Full Bathroom Down, Half Bathroom Down

Exterior

Exterior Features
Pool Description: Inground
Miscellaneous Exterior: Auto Lawn Sprinkler, Storage Building, Patio, Pool House, Garage Apartment, Wooded Grounds, Well Landscaped Grounds, Wood Fence, Brick/Ironed Fence
Exterior/Windows: Brick Veneer, Wood Window(s)
Foundation: Walk-Out Basement
Roof: Composition Shingles

Land Information
Acreage: 0.9

Lot Information
Parcel ID: 056055 00022
Lot #: 8
Lot Size: 166.47/255.0 X 206.49/178.59
Lot Description: Wooded, Cove, Professionally Landscaped
Area: 756F

Property Information
Detached Single Family
Style: Traditional
Has Termite Contract
Property Construction Status: Existing Property
Approx Heated Sq. Ft. Range: 8000 - 8999
Year Built: 1966

Financial

Tax Information
Annual City Tax: $7,568
Annual County Tax: $9,727

Financing
New Financing: Conventional

Utilities

Utility Information
Water & Sewer: Gas Water Heater, 2+ Water Heaters, Public Water, Public Sewer
Heating: Central, Gas, 3+ Systems
Cooling: Central, Ceiling Fan(s), 3+ Systems, 220 Wiring

Location

Multi-Unit Information
Detached Unit Type: General Residential

Homeowners Association Information
Security: Burglar Alarm, Fire Alarm, Monitored Alarm System, Dead Bolt Lock(s)

Location Details
Directions: Drive East on Shady Grove Road from Yates. Turn right on Ransom Lane then veer left at the dead end. House is on the left.
MAAR Subdivision Name: FOREST (THE)

Public facts

Beds: 7
Baths: 8.0
Sq. Ft.: 7,619
Stories: 1.7
Lot Size: 0.91 acres
Style: Single Family Residential
Year Built: 1966
Year Renovated: —
County: Shelby County
APN: 056055 00022

Home facts updated by county records on Oct 22, 2026

Around this home

Schools

K - 12
Preschool & daycare

White Station Elementary School

Public PreK-5 • Assigned • 2.1mi

6/10

White Station Middle School

Public 6-8 • Assigned • 1.4mi

8/10

White Station High School

Public 9-12 • Assigned • 2.0mi

8/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

6/10 Heat Factor

7 days above 110° expected this year, 19 days in 30 years

4/10 Wind Factor

19% chance of strong winds in next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Memphis, TN • 38120

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.5 hours in June and 4.8 hours in December, placing it above the U.S. average for solar exposure.

10.5 hrs

4.8 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$1.09M – $1.32M

Sell confidently with a local market expert in Memphis. 3 minutes to get started.

Nearby similar homes

NEW 24 HRS AGO

$475,000

4 beds2.5 baths— sq ft

1227 Poplar Estates Pkwy, Germantown, TN 38138

New lvp flooring • Recessed lighting • New cabinetry

$349,000

4 beds2.5 baths— sq ft

5524 Fountain Bay Dr, Memphis, TN 38120

Lake views • Gated subdivision • Vaulted great room

3D WALKTHROUGH

$359,000

3 beds2 baths— sq ft

5179 Peg Ln, Memphis, TN 38117

Large corner lot • All new windows • Updated kitchen

$339,999

3 beds2.5 baths— sq ft

5705 Normandy Rd, Memphis, TN 38120

0.27 acre lot • Garage • Built 1960

$440,000

4 beds3.5 baths3,634 sq ft

5680 N Angela Rd, Memphis, TN 38120

Desirable area • 0.39 acre lot • Garage

Listing provided by REALTRACS

$600,000

4 beds4 baths— sq ft

1041 Humphrey Oaks Cir, Memphis, TN 38120

Gated community • Goldfish pond • Water feature

New listings for sale in 38120

NEW 9 HRS AGO

$320,000

3 beds3 baths— sq ft

5242 Boswell Ave, Memphis, TN 38120

Refinished hardwoods • Large pantry • 0.25 acre lot

$429,900

4 beds3.5 baths— sq ft

5330 Walnut Grove Rd, Memphis, TN 38120

Screened sunroom • Raised garden beds • 0.4 acre lot

$465,000

4 beds3 baths— sq ft

5528 Southwood Dr, Memphis, TN 38120

Updated kitchen • New appliances • Two fireplaces

$190,000

3 beds2.5 baths— sq ft

863 S Yates Rd #4, Memphis, TN 38120

Gated community • Fenced back patio • Neighborhood pool

$115,000

2 beds2 baths— sq ft

6680 Whispering Oak Pl #7, Memphis, TN 38120

Ground-level condo • Extensive renovation • Parking

$325,000

4 beds2.5 baths— sq ft

5685 Mason Rd, Memphis, TN 38120

Granite countertops • Accent brick wall • Decorative fireplace

$294,000

4 beds2 baths— sq ft

424 Malboro Rd, Memphis, TN 38120

Open-plan kitchen • Double oven • Warm fireplace

$94,900

1 bed1 bath— sq ft

6750 Meadow Oak Pl, Memphis, TN 38120

Corner unit • Extra privacy • Natural light

$589,900

5 beds3.5 baths— sq ft

6626 Massey Ln, Memphis, TN 38120

Grand entry • Breakfast bar • Inviting living area

Home values near 5740 Forest Gate Rd

Data from public records.

Address	Redfin Estimate
5679 The Forest Gate Rd, Memphis, TN 6 Beds \| 6.5 Baths \| 9139 Sq. Ft.	$1,810,891
5711 The Forest Gate Rd, Memphis, TN 5 Beds \| 3 Baths \| 3648 Sq. Ft.	$747,404
5711 Shady Grove Rd, Memphis, TN 5 Beds \| 4.5 Baths \| - Sq. Ft.	$1,395,991
434 Jason Dr, Memphis, TN 3 Beds \| 2 Baths \| 3947 Sq. Ft.	$485,635
330 Ransom Ln, Memphis, TN 4 Beds \| 6.5 Baths \| 8857 Sq. Ft.	$2,314,988
450 Jason Dr, Memphis, TN 5 Beds \| 3.5 Baths \| 3499 Sq. Ft.	$514,361
5680 Herald Sq, Memphis, TN 4 Beds \| 2.5 Baths \| - Sq. Ft.	$524,392

Address	Redfin Estimate
5724 The Forest Gate Rd, Memphis, TN 4 Beds \| 5 Baths \| 5500 Sq. Ft.	$861,476
5744 The Forest Gate Rd, Memphis, TN 6 Beds \| 8 Baths \| 8085 Sq. Ft.	$1,040,742
5695 Herald Sq, Memphis, TN 4 Beds \| 2.5 Baths \| 4000 Sq. Ft.	$578,042
5700 Herald Sq, Memphis, TN 4 Beds \| 2.5 Baths \| 3187 Sq. Ft.	$479,571
335 Ransom Ln, Memphis, TN 3 Beds \| 3 Baths \| 5461 Sq. Ft.	$912,393
5720 Herald Sq, Memphis, TN 4 Beds \| 3.5 Baths \| 3283 Sq. Ft.	$452,501
5672 Herald Sq, Memphis, TN 7 Beds \| 5.5 Baths \| 5625 Sq. Ft.	$681,136

Address	Redfin Estimate
5751 The Forest Gate Rd, Memphis, TN 4 Beds \| 3 Baths \| 4164 Sq. Ft.	$947,825
440 Jason Dr, Memphis, TN 3 Beds \| 2.5 Baths \| - Sq. Ft.	$428,212
5726 Herald Sq, Memphis, TN 5 Beds \| 3.5 Baths \| - Sq. Ft.	$580,016
447 Jason Dr, Memphis, TN 3 Beds \| 2.5 Baths \| 4304 Sq. Ft.	$538,772
348 Winter Oak Ln, Memphis, TN 4 Beds \| 3 Baths \| 5220 Sq. Ft.	$792,587
5710 Herald Sq, Memphis, TN 3 Beds \| 2.5 Baths \| 3000 Sq. Ft.	$448,735
5690 Herald Sq, Memphis, TN 4 Beds \| 3 Baths \| 3074 Sq. Ft.	$427,831

Property information provided by Memphis Area Association of Realtors(R) MLS when last listed in 2017. This data may not match . Learn more.

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

Redfin Brokerage Licenses

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.

38125 homes for sale
38128 homes for sale
38111 homes for sale
38116 homes for sale
38117 homes for sale

Houses for rent in Memphis	Agents near me	Brentwood, TN homes for sale	Memphis Housing Market
Houses for sale near me	Nashville, TN homes for sale	Memphis, TN homes for sale
Land for sale near me	Franklin, TN homes for sale	Murfreesboro, TN homes for sale
Open Houses near me	Knoxville, TN homes for sale	Memphis Property Records
Condos for sale near me	Chattanooga, TN homes for sale	TN New Listings

Bartlett homes for sale
Germantown homes for sale
Collierville homes for sale

About this home

Redfin Estimate

Earn from this home

Market trends in 38120, TN

Sale history for 5740 Forest Gate Rd

Tax history for 5740 Forest Gate Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 38120

Home values near 5740 Forest Gate Rd

More real estate resources