
1305 Cherry Rd Memphis, TN 38117
Audubon Park NeighborhoodEstimated payment $1,429/month
Highlights
- Hot Property
- Gated Community
- Wood Flooring
- Gated Parking
- Colonial Architecture
- Main Floor Primary Bedroom
About This Home
East Memphis Investment Occupied Rent $2,000 month to Month, tenant moves 72hr after closing) 2-story home offers 4 bed, 2.5 baths, fireplace, 2 carport w storage, & flexible living spaces including a den, dining room & eat-in kitchen. Covered patio & Large fenced backyard. Roof approx. 10 yrs old w/ driveway replaced in 2020. Home needs only minor repairs, making it ideal for first-time buyers, families, investors, or anyone looking for a Rental or flip. Homes in this East Memphis area average $175–$200 per sq. ft., with similar properties selling between $300K–$400K+ depending on updates. Buyers gain instant equity & investors can tap into rising demand for rentals & short-term housing! 3D tour on Homes com & video walkthru on uTube **** Need an appraisal or help navigating Memphis Metro real estate, TN, MS or ARK to sell, Land, commercial, lease etc... reach out for guidance. Whether it’s probate, divorce, REO, Foreclosure Investments Relocation
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,885
Year Built
- Built in 1957
Lot Details
- 0.34 Acre Lot
- Lot Dimensions are 75x171
- Wood Fence
- Brick Fence
- Level Lot
- Few Trees
Home Design
- Colonial Architecture
- Traditional Architecture
- Slab Foundation
- Composition Shingle Roof
Interior Spaces
- 2,000-2,199 Sq Ft Home
- 1,929 Sq Ft Home
- 1.2-Story Property
- Fireplace Features Masonry
- Window Treatments
- Separate Formal Living Room
- Dining Room
- Den
- Bonus Room
- Storage Room
- Laundry Room
- Wood Flooring
Bedrooms and Bathrooms
- 4 Bedrooms | 3 Main Level Bedrooms
- Primary Bedroom on Main
Home Security
- Monitored
- Fire and Smoke Detector
- Iron Doors
Parking
- 2 Car Garage
- Workshop in Garage
- Rear-Facing Garage
- Circular Driveway
- Gated Parking
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Satellite Dish
Listing and Financial Details
- Assessor Parcel Number 058140 00007
Community Details
Overview
- Voluntary home owners association
- Polo Club Estates Subdivision
Security
- Gated Community
Map
Home Values in the Area
Average Home Value in this Area
Tax History
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 | $1,885 | $65,975 | $14,300 | $51,675 |
2024 | $1,885 | $55,600 | $13,275 | $42,325 |
2023 | $3,387 | $55,600 | $13,275 | $42,325 |
2022 | $3,387 | $55,600 | $13,275 | $42,325 |
2021 | $3,427 | $55,600 | $13,275 | $42,325 |
2020 | $3,125 | $43,125 | $11,075 | $32,050 |
2019 | $3,125 | $43,125 | $11,075 | $32,050 |
2018 | $3,125 | $43,125 | $11,075 | $32,050 |
2017 | $1,772 | $43,125 | $11,075 | $32,050 |
2016 | $1,653 | $37,825 | $0 | $0 |
2014 | $1,653 | $37,825 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
09/30/2025 09/30/25 | Price Changed | $239,900 | -1.3% | $120 / Sq Ft |
09/25/2025 09/25/25 | Price Changed | $243,000 | -0.6% | $122 / Sq Ft |
09/22/2025 09/22/25 | Price Changed | $244,500 | -2.0% | $122 / Sq Ft |
09/15/2025 09/15/25 | For Sale | $249,367 | +122.6% | $125 / Sq Ft |
01/28/2016 01/28/16 | Sold | $112,000 | -19.9% | $62 / Sq Ft |
12/22/2015 12/22/15 | Pending | -- | -- | -- |
12/22/2015 12/22/15 | For Sale | $139,900 | -- | $78 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Interfamily Deed Transfer | -- | Attorney | |
Warranty Deed | $112,000 | Baymark Title & Escrow Svcs | |
Interfamily Deed Transfer | -- | Attorney |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $106,074 | FHA |
About the Listing Agent

Glenn McDonald Jr.
Licensed Broker • Appraiser • Investor
Serving Tennessee, Mississippi & Arkansas
Looking to buy, sell, or get a property appraised? I’ve got you covered. I specialize in single-family homes, condos, land, & commercial properties across the Memphis metro, North Mississippi, & Eastern Arkansas.
With over 20+ years of experience, I help clients in all situations—from traditional sales to distressed properties like REO Foreclosures, Probates, Divorces, Short
Glenn's Other Listings
Source: Memphis Area Association of REALTORS®
MLS Number: 10205792

APN: 05-8140-0-0007
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