2972 Cherry Rd Memphis, TN 38118
Parkway Village NeighborhoodEstimated Value: $127,000 - $172,000
3
Beds
2
Baths
1,994
Sq Ft
$76/Sq Ft
Est. Value
About This Home
This home is located at 2972 Cherry Rd, Memphis, TN 38118 and is currently estimated at $151,625, approximately $76 per square foot. 2972 Cherry Rd is a home located in Shelby County with nearby schools including Parkway Village Elementary School, American Way Middle School, and Sheffield High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 14, 2021
Sold by
Dixon Milton U and Dixon Felecia Eason
Bought by
Dixon Milton U and Dixon Felecia Eason
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
$69,377
Outstanding Balance
$57,102
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$94,523
Purchase Details
Closed on
Oct 1, 1996
Sold by
Gorman Clara Roberts and Gorman K
Bought by
Dixon Milton U and Dixon Felicia Eason
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,812
Interest Rate
7.87%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Dixon Milton U | -- | Inspire Closing Services | |
| Dixon Milton U | $12,000 | Mid America Title Agency Inc | |
| Dixon Milton U | $12,000 | Mid America Title Agency Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Dixon Milton U | $69,377 | |
| Closed | Dixon Milton U | $62,812 |
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 | $817 | $34,150 | $4,125 | $30,025 |
| 2024 | $817 | $24,100 | $2,875 | $21,225 |
| 2023 | $1,468 | $24,100 | $2,875 | $21,225 |
| 2022 | $1,468 | $24,100 | $2,875 | $21,225 |
| 2021 | $1,485 | $24,100 | $2,875 | $21,225 |
| 2020 | $1,308 | $18,050 | $2,875 | $15,175 |
| 2019 | $1,308 | $18,050 | $2,875 | $15,175 |
| 2018 | $1,308 | $18,050 | $2,875 | $15,175 |
| 2017 | $742 | $18,050 | $2,875 | $15,175 |
| 2016 | $759 | $17,375 | $0 | $0 |
| 2014 | $759 | $17,375 | $0 | $0 |
Source: Public Records
Map
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