NOT LISTED FOR SALE

2884 Cherry Rd Memphis, TN 38118

Parkway Village Neighborhood

Estimated Value: $138,116 - $169,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$96/Sq Ft Est. Value

Last Sold August 07, 2018

Last sale price $82,500 $52 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $860/month

Highlights

  • Traditional Architecture
  • Some Wood Windows
  • Eat-In Kitchen
  • Great Room
  • 1 Car Attached Garage
  • Patio

About This Home

As of August 2018

Come see this totally redone 3 BR 2 Ba home. New kitchen cabinet, farm sink, stove, stainless vent hood, fixtures, vanities, toilets, windows, and floors. We just need a new buyer for this large family room with wet bar for entertaining. Fenced back yard for children or family cookouts. This property could qualify for $15,000 THDA money for 1st Tine buyers plus the Max access program sponsored thru Bancorp South for $7250 more in free money, call for restrictions. Your home awaits!

Last Agent to Sell the Property

Vanessa Marshall

BenchMark REALTORS, LLC License #268298 Listed on: 06/05/2018

Last Buyer's Agent

Khary Goodwin

eXp Realty, LLC License #289490

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $737

Year Built

  • Built in 1966

Lot Details

  • 8,712 Sq Ft Lot
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,365 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Great Room
  • Dining Room
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Flooring

  • Brick
  • Partially Carpeted
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Carport

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • Cottonwood Park Subdv Subdivision

Listing and Financial Details

  • Assessor Parcel Number 073022 00103

Home Details

Home Type

Single Family

Est. Annual Taxes

$737

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Cottonwood
  • MAAR Subdivision Name: COTTONWOOD PARK
  • List Price Per Sq Ft: 60
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1365
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet, Tile, Brick Floor
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Dining Room, Great Room, Eat-In Kitchen, W/D Connection in Kitchen

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer, Wood/Composition

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1A

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 62
  • Acreage: 0.2

Tax Info

  • Assessor Parcel Number: 073022 00103

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2018
Closed on
Aug 7, 2018
Sold by
Smith Kendra
Bought by
Rosebud Jarrett
Seller's Agent
Vanessa Marshall
BenchMark REALTORS, LLC
Buyer's Agent
Khary Goodwin
eXp Realty, LLC
List Price
$82,500
Sold Price
$82,500
Current Estimated Value
$152,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,279
Avg. Annual Appreciation
8.90%
Original Mortgage
$70,360
Outstanding Balance
$61,265
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$91,514

Purchase Details

Listed on
Apr 7, 2017
Closed on
Dec 20, 2017
Sold by
Bonds Cedric M
Bought by
Smith Kendra
Seller's Agent
Vanessa Marshall
BenchMark REALTORS, LLC
Buyer's Agent
Vanessa Marshall
BenchMark REALTORS, LLC
List Price
$69,000
Sold Price
$35,000
Premium/Discount to List
-$34,000
-49.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
290.02%

Purchase Details

Closed on
Jul 31, 2003
Sold by
Jones Ronald C and Jones Teresa K
Bought by
Bonds Cedric M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,500
Interest Rate
5.42%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Rosebud Jarrett $82,500 Quality Title Group Llc
Smith Kendra $35,000 Quality Title Group Llc
Bonds Cedric M $74,500 Edco Title & Closing Service
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosebud Jarrett $70,360
Previous Owner Bonds Cedric M $74,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/07/2018 08/07/18 Sold $82,500 0.0% $59 / Sq Ft
06/25/2018 06/25/18 Pending -- -- --
06/05/2018 06/05/18 For Sale $82,500 +135.7% $59 / Sq Ft
12/20/2017 12/20/17 Sold $35,000 -49.3% $25 / Sq Ft View Prior Sale
09/18/2017 09/18/17 Pending -- -- --
04/07/2017 04/07/17 For Sale $69,000 -- $49 / 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 $737 $33,075 $4,125 $28,950
2024 $737 $21,750 $2,875 $18,875
2023 $1,325 $21,750 $2,875 $18,875
2022 $1,325 $21,750 $2,875 $18,875
2021 $1,340 $21,750 $2,875 $18,875
2020 $1,143 $15,775 $2,875 $12,900
2019 $504 $15,775 $2,875 $12,900
2018 $504 $15,775 $2,875 $12,900
2017 $516 $15,775 $2,875 $12,900
2016 $662 $15,150 $0 $0
2014 $662 $15,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2018

    Vanessa Marshall

    BenchMark REALTORS, LLC

    (901) 461-8676

    3 in this area

    27 Total Sales

    Vanessa Marshall
    Section Image

  • K

    Buyer's Agent in 2018

    Khary Goodwin

    eXp Realty, LLC

    (901) 483-4904

    22 Total Sales

    Khary Goodwin
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10028759

Memphis Area Association of REALTORS®

APN: 07-3022-0-0103

Tennessee Shelby County Memphis 38118 Parkway Village

2884 Cherry Rd, Memphis, TN

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