NOT LISTED FOR SALE

2983 Cherry Rd Memphis, TN 38118

Parkway Village Neighborhood

Estimated Value: $117,000 - $163,044

3 Beds
2 Baths
1,200-1,399 Sq Ft
$106/Sq Ft Est. Value

Last Sold November 25, 2015

Last sale price $89,900 $64 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $852/month

Highlights

  • Traditional Architecture
  • Eat-In Kitchen
  • Central Heating and Cooling System
  • Wood Flooring
  • Patio
  • Dining Room

About This Home

As of November 2015

PROPERTY CURRENTLY UNDER RENOVATION. NO SHOWINGS. PLEASE CALL LIST AGENT FOR MORE INFO. SEE ATTACHMENTS FOR SCOPE OF WORK. PROPERTY IS RENTED AND TO BE SOLD AS INVESTMENT. PROPERTY OCCUPIED BY TENANT WITH TENANTS RIGHTS.

Last Agent to Sell the Property

Ryan Flannery

Premier Realty Group, LLC License #317068 Listed on: 10/23/2015

Last Buyer's Agent

NON-MLS NON-BOARD AGENT

NON-MLS OR NON-BOARD OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $754

Year Built

  • Built in 1959

Lot Details

  • 7,841 Sq Ft Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,366 Sq Ft Home
  • 1-Story Property
  • Aluminum Window Frames
  • Dining Room
  • Eat-In Kitchen

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Driveway

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • Winchester Heights Blk C Subdivision

Listing and Financial Details

  • Assessor Parcel Number 073056 00008

Home Details

Home Type

Single Family

Est. Annual Taxes

$754

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 772B
  • MAAR Subdivision Name: WINCHESTER HEIGHTS BLK C
  • List Price Per Sq Ft: 66
  • Number Of Stories: 1
  • Price Per Sq Ft: 65.81
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1366
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wall to Wall Carpet, Part Hardwood, Part Carpet
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Dining Room, Eat-In Kitchen
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer, Vinyl Siding, Aluminum Window(s)

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 118
  • Acreage: 0.18
  • Lot Size: .18
  • Price Per Acre: 499444

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 073056 00008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2024
Sold by
Rei Nation Llc
Bought by
Mohan Rohith and Mohan Srivarshini Cherukupalli
Current Estimated Value
$148,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,875
Interest Rate
6.88%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 28, 2024
Sold by
Humphreys Solo 401K Trust and Humphreys Douglas J
Bought by
Rei Nation Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,875
Interest Rate
6.88%
Mortgage Type
Construction

Purchase Details

Listed on
Oct 23, 2015
Closed on
Oct 14, 2015
Sold by
The Secretary Of Veterans Affairs
Bought by
Memphis Invest Gp
Seller's Agent
Ryan Flannery
Premier Realty Group, LLC
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$89,900
Sold Price
$89,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.85%
Original Mortgage
$2,575,000
Interest Rate
3.89%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 3, 2015
Sold by
Ocwen Loan Servicing Llc
Bought by
The Secretary Of Veterans Affairs

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,575,000
Interest Rate
3.89%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Dec 31, 2014
Sold by
The Bank Of New York Mellon
Bought by
The Secretary Of Veterans Affairs

Purchase Details

Closed on
Oct 23, 2014
Sold by
Mitchell Walter L and Mitchell Audrey J
Bought by
Ocwen Loan Servicing Llc
Source: Public Records

Range of Values:

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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
Mohan Rohith $165,000 None Listed On Document
Rei Nation Llc $99,500 None Listed On Document
Memphis Invest Gp $32,000 Attorney
The Secretary Of Veterans Affairs -- Attorney
The Secretary Of Veterans Affairs $39,123 None Available
Ocwen Loan Servicing Llc $39,123 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mohan Rohith $108,750
Closed Rei Nation Llc $94,875
Previous Owner Memphis Invest Gp $2,575,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2015 11/25/15 Sold $89,900 0.0% $75 / Sq Ft
10/29/2015 10/29/15 Pending -- -- --
10/23/2015 10/23/15 For Sale $89,900 -- $75 / 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 $754 $32,025 $4,125 $27,900
2024 $754 $22,250 $2,875 $19,375
2023 $1,355 $22,250 $2,875 $19,375
2022 $1,355 $22,250 $2,875 $19,375
2021 $1,371 $22,250 $2,875 $19,375
2020 $1,456 $20,100 $2,875 $17,225
2019 $1,456 $20,100 $2,875 $17,225
2018 $1,456 $20,100 $2,875 $17,225
2017 $826 $20,100 $2,875 $17,225
2016 $591 $13,525 $0 $0
2014 $591 $13,525 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2015

    Ryan Flannery

    Premier Realty Group, LLC

    (901) 581-7824

    5 in this area

    108 Total Sales

    Ryan Flannery
    Section Image

  • N

    Buyer's Agent in 2015

    NON-MLS NON-BOARD AGENT

    NON-MLS OR NON-BOARD OFFICE

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9963885

Memphis Area Association of REALTORS®

APN: 07-3056-0-0008

Tennessee Shelby County Memphis 38118 Parkway Village

2983 Cherry Rd, Memphis, TN

This home is located at 2983 Cherry Rd, Memphis, TN 38118 since 23 October 2015 and is currently estimated at $148,011, approximately $105 per square foot. This property was built in 1959. 2983 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.

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