NOT LISTED FOR SALE

2931 Cherry Rd Memphis, TN 38118

Parkway Village Neighborhood

Estimated Value: $126,000 - $142,000

3 Beds
1.5 Baths
1,773 Sq Ft
$76/Sq Ft Est. Value

Last Sold October 18, 2022

Last sale price $120,000 $68 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $750/month

Highlights

  • Wood Flooring
  • No HOA
  • Central Heating and Cooling System

About This Home

As of October 2022

Roomy home that just needs your personal touches. Corner lot with fenced yard and big screened back porch. Open Kitchen/Living room/eat-in dining area on main floor with bedrooms and full bath upstairs. Large finished basement has smooth ceiling, recessed lights, walk out back door and half bath for 4th bed or bonus rm. Neutral paint. Attached storage area plus shed in back yard. HVAC replaced-2021, water heater replaced-2019. Backyard has plenty of room for grilling and entertaining.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,347

Year Built

  • Built in 1965

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 90x120

Parking

  • Parking Pad

Home Design

  • Split Level Home
  • Shingle Roof

Interior Spaces

  • 1,773 Sq Ft Home
  • Property has 3 Levels

Kitchen

  • Gas Oven
  • Gas Range
  • Disposal

Flooring

  • Wood
  • Parquet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Cottonwood Park Subdv Subdivision

Listing and Financial Details

  • Tax Lot 228
  • Assessor Parcel Number 073054 00014

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,347

Year Built

Built in 1965

Lot Details

0.25 Acres

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Split Level
  • Year Built: 1965
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built Details: Existing
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Disposal, Gas Range, Gas Oven
  • Flooring: Wood, Parquet, Tile
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Building Area Units: Square Feet
  • Living Area: 1773
  • Living Area Units: Square Feet

Exterior Features

  • Other Structures: Storage
  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Pad

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas
  • Heating Yn: Yes
  • Utilities: Natural Gas Available, Water Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.25
  • Lot Size: 90X120
  • Lot Size Units: Acres
  • Parcel #: 073054 00014
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1347
  • Tax Lot: 228

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2022
Closed on
Oct 14, 2022
Sold by
Rubio Felipe O and Rubio Cayetana B
Bought by
Gomez Jeniffer and Lefeau Cherrish A
List Price
$115,000
Sold Price
$120,000
Premium/Discount to List
$5,000
4.35%
Current Estimated Value
$134,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,024
Avg. Annual Appreciation
3.36%
Original Mortgage
$117,826
Outstanding Balance
$113,264
Interest Rate
5.89%
Mortgage Type
FHA
Estimated Equity
$20,760

Purchase Details

Listed on
Jul 11, 2018
Closed on
Jul 27, 2018
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Rubio Felipe O
Seller's Agent
Shorty Watkins
River Oaks, Inc.
Buyer's Agent
Mig Williams
eXp Realty, LLC
List Price
$49,900
Sold Price
$45,000
Premium/Discount to List
-$4,900
-9.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.24%

Purchase Details

Closed on
May 23, 2018
Sold by
Freeman Lisa
Bought by
Federa Home Loan Mortgage Corporation

Purchase Details

Closed on
May 23, 2016
Sold by
Hobson Nina
Bought by
Hobson Carlos and Hobson Nina

Purchase Details

Closed on
Apr 25, 2016
Sold by
Sledge Ernest
Bought by
Hobson Nina

Purchase Details

Closed on
Jul 28, 2006
Sold by
Brandon Johnnie M
Bought by
Hud
Source: Public Records
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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
Gomez Jeniffer $120,000 Southern Trust Title
Rubio Felipe O $45,000 Servicelink Llc
Federa Home Loan Mortgage Corporation $42,562 None Available
Hobson Carlos -- None Available
Hobson Nina -- None Available
Hobson Nina -- None Available
Aobson Nina -- None Available
Hud $73,768 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gomez Jeniffer $117,826
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/14/2026 01/14/26 For Sale $115,000 -4.2% $65 / Sq Ft
10/18/2022 10/18/22 Sold $120,000 0.0% $68 / Sq Ft
10/18/2022 10/18/22 Sold $120,000 +4.3% $75 / Sq Ft View Prior Sale
10/18/2022 10/18/22 Pending -- -- --
09/20/2022 09/20/22 Pending -- -- --
09/19/2022 09/19/22 For Sale $115,000 +155.6% $72 / Sq Ft
08/03/2018 08/03/18 Sold $45,000 -9.8% $32 / Sq Ft View Prior Sale
07/16/2018 07/16/18 Pending -- -- --
07/11/2018 07/11/18 For Sale $49,900 -- $36 / Sq Ft
Source: Realtracs

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 $741 $35,975 $4,125 $31,850
2024 $741 $21,850 $2,875 $18,975
2023 $1,331 $21,850 $2,875 $18,975
2022 $1,331 $21,850 $2,875 $18,975
2021 $1,582 $21,850 $2,875 $18,975
2019 $562 $17,600 $2,875 $14,725
2018 $563 $17,600 $2,875 $14,725
2017 $576 $17,600 $2,875 $14,725
2016 $740 $16,925 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Saprina Bowman

    Seller's Agent in 2022

    Saprina Bowman

    Crye-Leike, Inc., REALTORS

    (901) 275-5143

    1 in this area

    9 Total Sales

    Saprina Bowman
    Section Image
  • Rachel Martin

    Buyer's Agent in 2022

    Rachel Martin

    Keller Williams

    (901) 277-5645

    1 in this area

    50 Total Sales

    Rachel Martin
    Section Image

  • S

    Seller's Agent in 2018

    Shorty Watkins

    River Oaks, Inc.

    Section Image

  • M

    Buyer's Agent in 2018

    Mig Williams

    eXp Realty, LLC

    (901) 239-3149

    38 Total Sales

    Mig Williams
    Section Image
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Map

Source: Realtracs

MLS Number: 3086411

Realtracs

APN: 07-3054-0-0014

Tennessee Shelby County Memphis 38118 Parkway Village

2931 Cherry Rd, Memphis, TN

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realtracs Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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