NOT LISTED FOR SALE

1038 W Cherry Ave Selmer, TN 38375

Selmer Area

Estimated Value: $53,000 - $109,000

2 Beds
1 Bath
100-999 Sq Ft
$86/Sq Ft Est. Value

Sale Details

Date Sold: July 31, 2023

Last sale price $50,000 $50 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $552 / mo

108 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Some Wood Windows
  • Selmer Elementary School Rated 9+
  • Separate Formal Living Room
  • Porch

About This Home

As of July 2023

Looking for investment property? This home features 2 beds, 1 bath, attached carport in back, and a storage shed. This home has good bones with original hardwood floors in living area and storm windows. The location is within 5 minutes of shopping, restaurants, golfing, doctors, and the University of Tennessee Martin at Selmer. The house is in need of TLC and is being sold "AS IS".

Last Agent to Sell the Property

Joanne Hardy

Duane Wright Realty License #343351 Listed on: 04/11/2023

Last Buyer's Agent

Rhonda Wheeler

Farm & Home Realty License #252218

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • Lot Dimensions are 100x205
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 100-999 Sq Ft Home
  • 864 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Separate Formal Living Room
  • Combination Kitchen and Dining Room
  • Storage Room
  • Washer and Dryer Hookup
  • Storm Windows
  • Eat-In Kitchen

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway

Outdoor Features

  • Porch

Utilities

  • Window Unit Cooling System
  • Floor Furnace
  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • Anderson Subdivision

Listing and Financial Details

  • Assessor Parcel Number 080P C 002.00

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

0.46 Acres

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: Anderson
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 864
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 100-999
  • Bedroom 2 Description: Level 1
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Hardwood, Vinyl Floor
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Eat-In Kitchen, Washer/Dryer Connections, Kit/DR Combo
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Wood/Composition, Storm Window(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad, Storage Room(s)

Utilities

  • Cooling: Window Unit(s)
  • Heating: Gas, Floor Furnace
  • Water Sewer: Electric Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 6
  • Lot Size: 100x205

Tax Info

  • Assessor Parcel Number: 080P C 002.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 12, 2018
Sold by
Bought by
Current Estimated Value
$86,341

Purchase Details

Listed on
Feb 12, 2017
Closed on
Aug 28, 2017
Sold by
Bought by
Seller's Agent
Brooke Redmon Benton
Action Realty
Buyer's Agent
Brooke Redmon Benton
Action Realty
List Price
$39,900
Sold Price
$20,000
Premium/Discount to List
-$19,900
-49.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.90%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
$20,000 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2023 07/31/23 Sold $50,000 -16.5% $500 / Sq Ft
07/28/2023 07/28/23 Pending -- -- --
04/11/2023 04/11/23 For Sale $59,900 +199.5% $599 / Sq Ft
08/27/2017 08/27/17 Sold $20,000 -49.9% $200 / Sq Ft View Prior Sale
08/01/2017 08/01/17 Pending -- -- --
02/12/2017 02/12/17 For Sale $39,900 -- $399 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 -- $11,950 $1,500 $10,450
2024 -- $11,950 $1,500 $10,450
2023 $216 $11,950 $1,500 $10,450
2022 $263 $11,950 $1,500 $10,450
2021 $186 $6,500 $1,375 $5,125
2020 $186 $6,500 $1,375 $5,125
2019 $186 $6,500 $1,375 $5,125
2018 $183 $6,500 $1,375 $5,125
2017 $183 $6,500 $1,375 $5,125
2016 $180 $6,500 $1,375 $5,125
2015 $188 $6,500 $1,375 $5,125
2014 $162 $5,600 $1,375 $4,225
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10145644

Memphis Area Association of REALTORS®

APN: 080P-C-002.00

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