NOT LISTED FOR SALE

1355 Cherry Rd Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $171,000 - $179,000

3 Beds
2 Baths
1,600-1,799 Sq Ft
$97/Sq Ft Est. Value

Last Sold December 27, 2017

Last sale price $87,000 $48 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $981/month

62 Days on Market

Highlights

  • Traditional Architecture
  • Sun or Florida Room
  • Some Wood Windows
  • Wood Flooring
  • Den with Fireplace
  • 1 Car Attached Garage

About This Home

As of December 2017

RENT READY! or MOVE-IN READY! NEW Roof in 2015, NEW HVAC in 2016, NEW AC unit installed at closing, NEW gas range, two Brand NEW Bathrooms, Hardwood floors just refinished, fresh interior paint throughout. Large living room w/FP, open kitchen and dining room & attached sunroom. Vacant but rents $995-$1095 a month.

Last Agent to Sell the Property

Katherine Nichols Cook

Marx-Bensdorf, REALTORS License #282062 Listed on: 10/20/2017

Last Buyer's Agent

Michelle Hayes Thomas

Hayes Homes and Realty, Inc License #265701

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1943

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 78x132
  • Chain Link Fence
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,743 Sq Ft Home
  • 1-Story Property
  • Factory Built Fireplace
  • Some Wood Windows
  • Window Treatments
  • Entrance Foyer
  • Combination Dining and Living Room
  • Den with Fireplace
  • Sun or Florida Room
  • Attic Access Panel
  • Storm Windows
  • Laundry closet

Kitchen

  • Oven or Range
  • Gas Cooktop
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Driveway

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Park Acres Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 058141 00012

Home Details

Home Type

Single Family

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Quince
  • MAAR Subdivision Name: PARK ACRES
  • List Price Per Sq Ft: 49
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1743
  • Year Built: 1943
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Sun Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 1, Shared Bath, Hardwood Floor
  • Bedroom 3 Description: Level 1, Shared Bath, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Prefabricated, In Den/Great Room
  • Floors/Ceilings: Hardwood Throughout, Tile, Vinyl Floor
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Gas Cooking, Dishwasher, Cable Wired
  • Living Dining Kitchen: Separate Dining Room, Separate Den, LR/DR Combination
  • Misc Interior: All Window Treatments, Attic Access
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet, Sun Room, Entry Hall
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Full Bath, Hardwood Floor

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer, Wood/Composition, Storm Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Number Covered Parking Spaces: 1
  • Parking Display: 1A
  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Some Trees, Level, Chain Fenced
  • Lot Number: 172
  • Acreage: 0.23
  • Lot Size: 78x132

Tax Info

  • Assessor Parcel Number: 058141 00012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2017
Closed on
Dec 28, 2017
Sold by
Cook Gregory M and Cook Katherine Nichols
Bought by
Shepheard Amber
Seller's Agent
Katherine Nichols Cook
Marx-Bensdorf, REALTORS
Buyer's Agent
Michelle Hayes Thomas
Hayes Homes and Realty, Inc
List Price
$93,000
Sold Price
$87,000
Premium/Discount to List
-$6,000
-6.45%
Current Estimated Value
$174,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,176
Avg. Annual Appreciation
8.97%
Original Mortgage
$85,424
Outstanding Balance
$71,391
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$102,785

Purchase Details

Listed on
Sep 18, 2017
Closed on
Aug 18, 2017
Sold by
Cook Greg M
Bought by
Cook Grogory M and Cook Katherine Nichols
Seller's Agent
Katherine Nichols Cook
Marx-Bensdorf, REALTORS
Buyer's Agent
Katherine Nichols Cook
Marx-Bensdorf, REALTORS
Sold Price
$1,050

Purchase Details

Closed on
Oct 20, 2006
Sold by
Federal National Mortgage Association
Bought by
Cook Greg M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,000
Interest Rate
6.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 25, 2006
Sold by
Eisner Herman R
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 8, 2003
Sold by
Grice Frankie M
Bought by
Eisner Herman R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
5.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 5, 1997
Sold by
Levan Alesia D
Bought by
Grice Frankie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,615
Interest Rate
7.14%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Date Buyer Sale Price Title Company
Shepheard Amber $87,000 Executive Title & Closing In
Cook Grogory M -- Executive Title & Closing In
Cook Greg M $79,000 None Available
Cook Greg M $79,000 None Available
Federal National Mortgage Association $78,671 None Available
Eisner Herman R $76,500 --
Grice Frankie M $68,000 --
Grice Frankie M $68,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shepheard Amber $85,424
Previous Owner Cook Greg M $79,000
Previous Owner Eisner Herman R $76,500
Previous Owner Grice Frankie M $68,615
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2017 12/27/17 Sold $87,000 -6.5% $54 / Sq Ft
12/21/2017 12/21/17 Pending -- -- --
10/20/2017 10/20/17 For Sale $93,000 0.0% $58 / Sq Ft
09/26/2017 09/26/17 Rented $1,050 0.0% --
09/26/2017 09/26/17 Under Contract -- -- --
09/18/2017 09/18/17 For Rent $1,050 -- --
Source: Memphis Area Association of REALTORS®

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 $899 $42,500 $5,000 $37,500
2024 $899 $26,525 $2,875 $23,650
2023 $1,616 $26,525 $2,875 $23,650
2022 $1,616 $26,525 $2,875 $23,650
2021 $1,635 $26,525 $2,875 $23,650
2020 $1,545 $21,325 $2,650 $18,675
2019 $1,545 $21,325 $2,650 $18,675
2018 $1,545 $21,325 $2,650 $18,675
2017 $725 $17,650 $2,650 $15,000
2016 $842 $19,275 $0 $0
2014 $842 $19,275 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Katherine Nichols Cook

    Seller's Agent in 2017

    Katherine Nichols Cook

    Marx-Bensdorf, REALTORS

    (901) 628-3065

    1 in this area

    78 Total Sales

    Katherine Nichols Cook
    Section Image
  • Michelle Hayes Thomas

    Buyer's Agent in 2017

    Michelle Hayes Thomas

    Hayes Homes and Realty, Inc

    (901) 650-0486

    221 Total Sales

    Michelle Hayes Thomas
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10013931

Memphis Area Association of REALTORS®

APN: 05-8141-0-0012

Tennessee Shelby County Memphis 38111 Colonial Acres

1355 Cherry Rd, Memphis, TN

Not Listed for Sale

Detached

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