Oliver Peyton
The Peyton Co., Inc., REALTORS
(901) 441-9050
37 Total Sales
1 in East Memphis
$68,000 Price
123 E Cherry Dr Memphis, TN 38117
East Memphis NeighborhoodEstimated Value: $716,908
4
Beds
3.5
Baths
3,586
Sq Ft
$200/Sq Ft
Est. Value
Highlights
- Detached Guest House
- In Ground Pool
- 0.91 Acre Lot
- White Station High Rated A
- Sitting Area In Primary Bedroom
- Wood Flooring
About This Home
As of March 2026Step into a Belle Meade home that makes everyday life feel easy and enjoyable. This one-story ranch at 123 East Cherry Drive provides more comfort, more fun, and more time to enjoy Memphis living. Large, light-filled rooms with hardwood floors open to a slate patio and a custom pool—perfect for morning coffee, weekend gatherings, or quiet evenings outside. The private gym off the primary bedroom, with sliding doors to the patio, helps you stay active without leaving home. Retro steel cabinets add charm, while crown molding and built-in bookcases bring classic style. Separate guest quarters with private entrance and kitchenette offers flexible space for visitors or hobbies. Smart features include two 200-amp panels, whole-house surge protection, and wiring for an EV or RV charger. A two-car garage and garden shed add convenience. Zoned for White Station schools. Close to shops, dining, and an easy drive to anywhere from Downtown to Germantown, this home supports the lifestyle you want.
Last Agent to Sell the Property
Marx-Bensdorf, REALTORS License #355934 Listed on: 01/07/2026
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Home Details
Home Type
- Single Family
Year Built
- Built in 1955
Lot Details
- 39,640 Sq Ft Lot
- Lot Dimensions are 157x253
- Wood Fence
- Few Trees
Home Design
- Brick Veneer
- Composition Shingle Roof
Interior Spaces
- 3,586 Sq Ft Home
- 1.5-Story Property
- Crown Molding
- Smooth Ceilings
- Skylights
- Fireplace Features Masonry
- Gas Fireplace
- Some Wood Windows
- Window Treatments
- Aluminum Window Frames
- Entrance Foyer
- Living Room with Fireplace
- Breakfast Room
- Dining Room
- Den with Fireplace
- Bonus Room
- Play Room
Kitchen
- Oven or Range
- Gas Cooktop
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- Sitting Area In Primary Bedroom
- 4 Main Level Bedrooms
- Primary Bedroom on Main
- En-Suite Bathroom
- Cedar Closet
- Walk-In Closet
- Primary Bathroom is a Full Bathroom
- In-Law or Guest Suite
- Bathtub With Separate Shower Stall
Laundry
- Laundry Room
- Dryer
- Washer
Attic
- Attic Access Panel
- Pull Down Stairs to Attic
Parking
- 2 Car Garage
- Electric Vehicle Home Charger
- Side Facing Garage
- Garage Door Opener
- Driveway
Outdoor Features
- In Ground Pool
- Patio
- Outdoor Storage
Additional Homes
- Detached Guest House
Utilities
- Central Heating and Cooling System
- Vented Exhaust Fan
- Heating System Uses Gas
Community Details
- Wells James Subdivision
Listing and Financial Details
- Assessor Parcel Number 057025 00008
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
Listed on
Jan 7, 2026
Closed on
Mar 4, 2026
Sold by
Jami Ferrell
Bought by
Seller's Agent
Margaret Mikkelsen
Marx-Bensdorf, REALTORS
Buyer's Agent
Tracy Dougan Lombardo
Marx-Bensdorf, REALTORS
List Price
$650,000
Sold Price
$622,500
Premium/Discount to List
-$27,500
-4.23%
Views
55
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,408
Avg. Annual Appreciation
29.27%
Original Mortgage
$492,500
Outstanding Balance
$490,066
Interest Rate
6.09%
Mortgage Type
Credit Line Revolving
Estimated Equity
$226,842
Purchase Details
Closed on
Apr 9, 2024
Sold by
Ferrell Katie Savage
Bought by
Ferrell Jami
Purchase Details
Closed on
Mar 7, 2017
Sold by
Parkinson Cecelia Jo
Bought by
Farrell Katie and Farrell Jami
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
4.17%
Mortgage Type
New Conventional
Home Values in the Area
Average Home Value in this Area
Agents Specializing in East Memphis, TN
-
Oliver Peyton
-
Heath West
Heath West
Crye-Leike, Inc., REALTORS
(901) 441-5062
73 Total Sales
4 in East Memphis
$215K - $399K Price Range
-
Carla Quintero
Carla Quintero
REMAX Experts
(901) 295-0622
77 Total Sales
1 in East Memphis
$410,000 Price
-
Scott Gresham
Scott Gresham
Ware Jones, REALTORS
(901) 519-3211
23 Total Sales
4 in East Memphis
$405K - $675K Price Range
-
Jordan Ray
Jordan Ray
eXp Realty
(901) 350-7982
195 Total Sales
9 in East Memphis
$55K - $155K Price Range
-
Tony Lavelle
Tony Lavelle
BHHS McLemore & Co. Realty
(901) 403-8295
53 Total Sales
1 in East Memphis
$289,000 Price
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 |
|---|---|---|---|
| $622,500 | Coventry Escrow & Title | ||
| Ferrell Jami | -- | Coventry Escrow & Title | |
| Farrell Katie | $480,000 | None Available |
Source: Public Records
Mortgage 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 | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $492,500 | ||
| Previous Owner | Farrell Katie | $280,000 |
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 |
|---|---|---|---|---|
| 03/04/2026 03/04/26 | Sold | $622,500 | -4.2% | $174 / Sq Ft |
| 01/22/2026 01/22/26 | Pending | -- | -- | -- |
| 01/07/2026 01/07/26 | For Sale | $650,000 | -- | $181 / 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 | $5,433 | $201,975 | $123,950 | $78,025 |
| 2024 | $5,866 | $173,050 | $106,125 | $66,925 |
| 2023 | $10,542 | $173,050 | $106,125 | $66,925 |
| 2022 | $10,542 | $173,050 | $106,125 | $66,925 |
| 2021 | $10,665 | $173,050 | $106,125 | $66,925 |
| 2020 | $11,124 | $153,525 | $106,125 | $47,400 |
| 2019 | $11,124 | $153,525 | $106,125 | $47,400 |
| 2018 | $11,124 | $153,525 | $106,125 | $47,400 |
| 2017 | $6,310 | $153,525 | $106,125 | $47,400 |
| 2016 | $5,102 | $116,750 | $0 | $0 |
| 2014 | $5,102 | $116,750 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Margaret Mikkelsen
Seller's Agent in 2026
Margaret Mikkelsen
Marx-Bensdorf, REALTORS
(646) 898-6901
34 in this area
97 Total Sales
-
Tracy Dougan Lombardo
Buyer's Agent in 2026
Tracy Dougan Lombardo
Marx-Bensdorf, REALTORS
(901) 581-3257
19 in this area
70 Total Sales
Map
Source: Memphis Area Association of REALTORS®
MLS Number: 10212302
APN: 05-7025-0-0008
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing content and images Copyright 2026 Memphis Area Association of REALTORS®. 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 consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it.
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