NOT LISTED FOR SALE

123 E Cherry Dr Memphis, TN 38117

East Memphis Neighborhood

Estimated Value: $616,000 - $784,000

4 Beds
3.5 Baths
3,586 Sq Ft
$188/Sq Ft Est. Value

Sale Details

Date Sold: March 4, 2026

Last sale price $622,500 $174 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,094 / mo

15 Days on Market

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 2026

Step 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

Margaret Mikkelsen

Marx-Bensdorf, REALTORS License #355934 Listed on: 01/07/2026

Last Buyer's Agent

Tracy Dougan Lombardo

Marx-Bensdorf, REALTORS License #326107

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

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0.91 Acres

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Ranch
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: BELLE MEADE
  • Number Of Stories: 1.5
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3586
  • Year Built: 1955
  • 55Community: N
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 4th of More Bedrooms, 1/2 Bath, 2 or More Baths, Play Room/Recreation Room, Laundry Room, Breakfast Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Separate Tub & Shower, Full Bath Down, Half Bath Down
  • Bedroom 2 Description: Level 1, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 1, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 4 Description: Level 1, Level 2, Private Full Bath
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Fireplace: Masonry, Vented Gas Fireplace, In Living Room, In Den/Great Room
  • Floors/Ceilings: Part Hardwood, Vinyl/Luxury Vinyl Floor, Smooth Ceiling
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Cooktop, Gas Cooking, Disposal, Dishwasher, Refrigerator, Washer, Dryer
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Separate Breakfast Room, Pantry, Island In Kitchen, Vinyl/Luxury Vinyl Floor
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Cedar Lined Closet(s), Pull Down Attic Stairs, Attic Access, Sky Light(s), Vent Hood/Exhaust Fan
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Bonus Room, In-Law Quarters, Separate Guest House, Entry Hall, Attic
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Sitting Area, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Storage Building, Patio
  • Exterior Windows: Brick Veneer, Wood/Composition, Wood Window(s), Aluminum Window(s)
  • Pool Description: In Ground
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Driveway/Pad, Garage Door Opener(s), Side-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Wood Fenced
  • Lot Number: 5
  • Acreage: 0.91
  • Lot Size: 157X253
  • Geo Subdivision: TN

Tax Info

  • 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
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
$675,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,030
Avg. Annual Appreciation
31.33%
Original Mortgage
$492,500
Outstanding Balance
$492,500
Interest Rate
6.09%
Mortgage Type
Credit Line Revolving
Estimated Equity
$183,030

Purchase Details

Closed on
Apr 9, 2024
Sold by
Bought by

Purchase Details

Closed on
Mar 7, 2017
Sold by
Bought by

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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
$622,500 Coventry Escrow & Title
-- Coventry Escrow & Title
$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 $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

    32 in this area

    90 Total Sales

    Margaret Mikkelsen
    Section Image
  • Tracy Dougan Lombardo

    Buyer's Agent in 2026

    Tracy Dougan Lombardo

    Marx-Bensdorf, REALTORS

    (901) 581-3257

    17 in this area

    69 Total Sales

    Tracy Dougan Lombardo
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10212302

Memphis Area Association of REALTORS®

APN: 05-7025-0-0008

Tennessee Shelby County Memphis 38117 East Memphis

123 E Cherry Dr, Memphis, TN

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.

Memphis Area Association of REALTORS® 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.
Some or all of the listings displayed may not belong to the firm whose website is being visited.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.