240 Cherry Cir E Memphis, TN 38117
Audubon Park NeighborhoodEstimated Value: $715,000 - $823,000
            
                4
                Beds
            
            
            
                2
                Baths
            
            
            
                3,249
                Sq Ft
            
            
                
                    $239/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 240 Cherry Cir E, Memphis, TN 38117 and is currently estimated at $775,363, approximately $238 per square foot. 240 Cherry Cir E is a home located in Shelby County with nearby schools including White Station Elementary School, White Station High, and White Station Middle.
Ownership History
                Date
                Name
                Owned For
                Owner Type
            
                    Purchase Details
                Closed on
            
            
                Apr 19, 2007
            
        
                Sold by
            
            
                Mccormick Lee B and Thielemier Nancy Mccormick
            
        
                Bought by
            
            
                Grace Development Llc and Grace Land Co Llc
            
        
                            Current Estimated Value
                        
                        
                    Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $877,500
            
        
                Outstanding Balance
            
            
                $529,099
            
        
                Interest Rate
            
            
                6.1%
            
        
                Mortgage Type
            
            
                Commercial
            
        
                Estimated Equity
            
            
                $246,264
            
        Purchase Details
                Closed on
            
            
                Jul 31, 2002
            
        
                Sold by
            
            
                Reed Ralph R and Reed Johanna H
            
        
                Bought by
            
            
                Reed Johanna H and Reed Md Ralph R
            
        Purchase Details
                Closed on
            
            
                Jun 19, 1998
            
        
                Sold by
            
            
                Allen William B
            
        
                Bought by
            
            
                Graber Stanley
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Grace Development Llc | $975,000 | None Available | |
| Thielemier Nancy Mccormick | -- | None Available | |
| Reed Johanna H | -- | -- | |
| Graber Stanley | $400,000 | -- | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Grace Development Llc | $877,500 | 
                Source: Public Records
            
        Tax History Compared to Growth
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 | $5,859 | $207,775 | $152,325 | $55,450 | 
| 2024 | $5,859 | $172,825 | $122,700 | $50,125 | 
| 2023 | $10,528 | $172,825 | $122,700 | $50,125 | 
| 2022 | $10,528 | $172,825 | $122,700 | $50,125 | 
| 2021 | $10,651 | $172,825 | $122,700 | $50,125 | 
| 2020 | $11,780 | $162,575 | $122,700 | $39,875 | 
| 2019 | $11,780 | $162,575 | $122,700 | $39,875 | 
| 2018 | $11,780 | $162,575 | $122,700 | $39,875 | 
| 2017 | $6,682 | $162,575 | $122,700 | $39,875 | 
| 2016 | $7,483 | $171,225 | $0 | $0 | 
| 2014 | $7,483 | $171,225 | $0 | $0 | 
                Source: Public Records
                    
            
        Map
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