NOT LISTED FOR SALE

1655 Cherry Rd Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $65,000 - $124,000

2 Beds
1 Bath
1,000-1,199 Sq Ft
$83/Sq Ft Est. Value

Last Sold August 06, 2020

Last sale price $46,000 $38 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $611/month

8 Days on Market

Highlights

  • Traditional Architecture
  • Brick Veneer
  • Partially Carpeted
  • Great Room
  • Central Heating
  • 1-Story Property

About This Home

As of August 2020

This is currently a rental property with a tenant. The property is Section 8 approved and is currently rented for $550.00 per month. With an acceptable offer and proof of funds, a walk through will be scheduled. Please do not contact the tenant.

Last Agent to Sell the Property

Clint Richardson

The Peyton Co., Inc., REALTORS License #269601 Listed on: 06/24/2020

Last Buyer's Agent

Flor Bernal

Crye-Leike, Inc., REALTORS License #338265

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 80x105
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Brick Veneer

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 912 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Partially Carpeted
  • Iron Doors

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Central Heating

Community Details

  • Cherry Leatherwood Re S/D L 1 3&17 19 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 058157 00018

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: CHERRY-LEATHERWOOD
  • List Price Per Sq Ft: 47
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 912
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 1
  • Living Dining Kitchen: Great Room

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Window Unit(s)
  • Heating: Central

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 18
  • Acreage: 0.19
  • Lot Size: 80X105

Tax Info

  • Assessor Parcel Number: 058157 00018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2022
Sold by
Gilberto Prado
Bought by
Prado Gilberto and Marquez Francisco
Current Estimated Value
$109,970

Purchase Details

Listed on
Jun 24, 2020
Closed on
Aug 6, 2020
Sold by
Eldridge Michael
Bought by
Prado Gilberto and Marquez Francisco G
Seller's Agent
Clint Richardson
The Peyton Co., Inc., REALTORS
Buyer's Agent
Flor Bernal
Crye-Leike, Inc., REALTORS
List Price
$42,700
Sold Price
$46,000
Premium/Discount to List
$3,300
7.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.24%

Purchase Details

Closed on
Mar 26, 2010
Sold by
Lipford Eunice
Bought by
Richardson Annie

Purchase Details

Closed on
Apr 28, 2009
Sold by
Richardson Travius D
Bought by
Lipford Eunice

Purchase Details

Closed on
Nov 20, 2006
Sold by
Sharp Jeff E
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Sep 8, 2006
Sold by
Chase Home Finance Llc
Bought by
Sharp Jeff E

Purchase Details

Closed on
May 22, 2006
Sold by
Hud
Bought by
Chase Home Finance Llc

Purchase Details

Closed on
May 18, 2005
Sold by
Sharp Jeff E
Bought by
Hud

Purchase Details

Closed on
May 12, 1999
Sold by
Little Tina L Le Irrevocable Trust
Bought by
Sharp Jeff E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,978
Interest Rate
6.9%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 3, 1996
Sold by
Little Tina L
Bought by
Little Tina L and Little Randall R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Prado Gilberto -- Apperson Crump Plc
Prado Gilberto $46,000 Memphis Title Corp
Richardson Annie -- Assured Escrow & Title
Lipford Eunice -- None Available
The Secretary Of Housing & Urban Develop $54,458 None Available
Sharp Jeff E -- None Available
Chase Home Finance Llc -- None Available
Hud $40,015 --
Sharp Jeff E $41,000 --
Sharp Jeff E $41,000 --
Little Tina L -- --
Little Tina L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sharp Jeff E $40,978
Closed Sharp Jeff E $2,489
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/06/2020 08/06/20 Sold $46,000 +7.7% $46 / Sq Ft
07/02/2020 07/02/20 Pending -- -- --
06/24/2020 06/24/20 For Sale $42,700 -- $43 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $508 $18,450 $4,675 $13,775
2024 -- $14,975 $4,675 $10,300
2023 $912 $14,975 $4,675 $10,300
2022 $912 $14,975 $4,675 $10,300
2021 $406 $14,975 $4,675 $10,300
2020 $734 $10,125 $2,750 $7,375
2019 $324 $10,125 $2,750 $7,375
2018 $324 $10,125 $2,750 $7,375
2017 $331 $10,125 $2,750 $7,375
2016 $516 $11,800 $0 $0
2014 $516 $11,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Clint Richardson

    The Peyton Co., Inc., REALTORS

    Section Image
  • Flor Bernal

    Buyer's Agent in 2020

    Flor Bernal

    Crye-Leike

    (901) 270-2857

    12 in this area

    207 Total Sales

    Flor Bernal
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10079261

Memphis Area Association of REALTORS®

APN: 05-8157-0-0018

Tennessee Shelby County Memphis 38111 Colonial Acres

1655 Cherry Rd, Memphis, TN

Not Listed for Sale

Detached

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