Unique Ranch Style Home on 5 Beautiful Acres offers a Spacious Open Floor Plan w/ Den, Dining & Kitchen Areas. Kitchen w/ Large Island w/ Breakfast Bar, CO River Granite Counters & Stainless Steel Appliances. Other Features include a 7’ Walk-in Master Shower, Office w/ Built-In Desk, Bedroom w/ Built-in Loft Bed, flexible Bonus Room, Fenced Garden area w/ Water. The 1200 sq ft Garage offers Much Workshop Space & a Back Load Option. Detached RV Carport. Enjoy the Beautiful View on the 90' Front Porch!
Single-familyProperty Type
2019Year Built
5 acresLot Size
$197Est. Price/Sq.Ft.
3 car garageParking
Listed by Carrie McCaskill Smith• Fayette Realty, LLC
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Earn from this home
Refinance
$0
Est. cash available
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Rent
$3,364/mo
Redfin rental estimate
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Market trends in 38076, TN
Last updated August 2026
Sale-to-List Price
100.1%
1.6% MoM
Median sale price
$540K
$83K MoM
Avg. days on market
36d
177 days MoM
Recently sold homes
3
1 MoM
Provided by Redfin
Sale history for 720 Shady Grove Rd
Date
Event
Price
Memphis Area Association of Realtors(R) MLS #10106468
Sep 29, 2021
Sold
$380,000
$158/sq ft
Aug 14, 2021
Listed
$375,000
$156/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,085 (+8.5%)
2024
$1,000
2023
$1,000
2022
$1,000
2021
$1,000 (+7.5%)
2020
$930
2019
$930 (+545.8%)
2018
$144
Tax history for 720 Shady Grove Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,085 (+8.5%)
2024
$1,000
2023
$1,000
2022
$1,000
2021
$1,000 (+7.5%)
2020
$930
2019
$930 (+545.8%)
2018
$144
*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
Beds
4
Baths
3
Stories
1
Lot width
—
Lot depth
—
Lot size
217,800
Year renovated
2019
Sq. Ft.
2,400
Year built
2019
Style
Single Family Residential
County
Fayette County
APN
118 00903 000
Parking Spaces
3
Basement
No
Accessible
Yes
HOA Dues
—
Garage
Yes
Features
—
Last updated by owner on Jan 1, 2025.
R3
Restrictive Residential District
It is the intent and purpose of this section to secure the harmonious residential development of the county through provisions designed to assure compatibility of residential land uses both within residential districts and between residential districts and neighboring nonresidential districts. These provisions are designed further to promote adequate open spaces for traffic, light, air, and recreation; to lessen congestion on the roads; to prevent both excessive concentrations and excessive scattering of population and settlement; to protect the value of land and buildings; and to promote such distribution of population and residential land development as will tend to facilitate and conserve adequate provisions for transportation, drainage, water supply, sanitation, educational opportunity, recreation, soil fertility, and the protection of both urban and rural development. It is further the intent of this section to comply with the provisions of Tennessee Code Annotated 6-58-107 and ensure consistency with the adopted Fayette County Growth Plan as adopted in August 2003 or subsequently amended. As such, the residential districts described in this section are intended to be utilized only within Urban Growth Boundaries or Planned Growth Areas. To accomplish this intent and purpose, there shall be five 5 residential development districts in Fayette County, Tennessee.
Permitted uses
Include but are not limited to:
Housing-Single unit
Property details
Parking
Parking Information
# of Covered Parking Spaces: 3
Carport/Garage: Garage
Parking/Storage: Driveway/Pad, More Than 3 Covered Spaces, Back-Load Garage, Side-Load Garage
Property information provided by Memphis Area Association of Realtors(R) MLS when last listed in 2021. This data may not show owner updates. Learn more.