NOT LISTED FOR SALE

2931 Cherry Rd Memphis, TN 38118

Parkway Village Neighborhood

Estimated Value: $126,000 - $131,242

3 Beds
1.5 Baths
1,600-1,799 Sq Ft
$72/Sq Ft Est. Value

Last Sold October 18, 2022

Last sale price $120,000 $67 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $737/month

29 Days on Market

Highlights

  • Wood Flooring
  • Some Wood Windows
  • Central Heating and Cooling System
  • Screened Porch
  • Outdoor Storage
  • Combination Dining and Living Room

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.

Last Agent to Sell the Property

Saprina Bowman

Crye-Leike, Inc., REALTORS License #361799 Listed on: 09/19/2022

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Rachel Martin

Keller Williams License #363358

Keller Williams

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1965

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 90x120
  • Wood Fence
  • Few Trees

Parking

  • Driveway

Home Design

  • Split Level Home
  • Composition Shingle Roof

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,730 Sq Ft Home
  • 3-Story Property
  • Some Wood Windows
  • Combination Dining and Living Room
  • Screened Porch
  • Finished Basement

Kitchen

  • Oven or Range
  • Gas Cooktop
  • Disposal

Flooring

  • Wood
  • Parquet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • All Upper Level Bedrooms

Outdoor Features

  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • Cottonwood Park Subdv Subdivision

Listing and Financial Details

  • Assessor Parcel Number 073054 00014

Home Details

Home Type

Single Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Split Level
  • Detached Unit Type: General Residential
  • Cross Street: Almo
  • MAAR Subdivision Name: COTTONWOOD PARK
  • List Price Per Sq Ft: 66
  • Number Of Stories: 3
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1730
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • First Story Floor Plan: Living Room, Kitchen
  • Second Story Floor Plan: Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Up
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Hardwood Floor, Level 2
  • Bedroom 3 Description: Hardwood Floor, Level 2
  • Bedrooms: 3
  • Floors/Ceilings: Part Hardwood, Tile, Parquet Floor
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Gas Cooking, Disposal
  • Living Dining Kitchen: LR/DR Combination
  • Misc Interior: Vent Hood/Exhaust Fan
  • Other Rooms: Finished Basement
  • P R I M A R Y B E D R O O M: Hardwood Floor, Level 2

Exterior Features

  • Misc Exterior: Storage Building, Screen Porch, Wood Fence, Storage
  • Exterior Windows: Wood/Composition
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 228
  • Acreage: 0.25
  • Lot Size: 90X120

Tax Info

  • Assessor Parcel Number: 073054 00014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2022
Closed on
Oct 14, 2022
Sold by
Rubio Felipe O and Rubio Cayetana B
Bought by
Gomez Jeniffer and Lefeau Cherrish A
Seller's Agent
Saprina Bowman
Crye-Leike, Inc., REALTORS
Buyer's Agent
Rachel Martin
Keller Williams
List Price
$115,000
Sold Price
$120,000
Premium/Discount to List
$5,000
4.35%
Current Estimated Value
$129,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,311
Avg. Annual Appreciation
2.35%
Original Mortgage
$117,826
Outstanding Balance
$113,264
Interest Rate
5.89%
Mortgage Type
FHA
Estimated Equity
$16,047

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

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
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
10/18/2022 10/18/22 Sold $120,000 +4.3% $75 / Sq Ft
10/18/2022 10/18/22 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: 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 $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

    47 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

    40 Total Sales

    Mig Williams
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10133827

Memphis Area Association of REALTORS®

APN: 07-3054-0-0014

Tennessee Shelby County Memphis 38118 Parkway Village

2931 Cherry Rd, Memphis, TN

Not Listed for Sale

Detached

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