NOT LISTED FOR SALE

3001 Cherry Rd Memphis, TN 38118

Parkway Village Neighborhood

Estimated Value: $116,000 - $132,352

4 Beds
1.5 Baths
1,600-1,799 Sq Ft
$70/Sq Ft Est. Value

Last Sold September 11, 2023

Last sale price $122,000 $68 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $768/month

44 Days on Market

About This Home

As of September 2023

What a great addition to your rental portfolio this will be. This property is located near jobs and commerce and will stay in demand with the local tenant base. A TLC is needed and it will be sold "as-is". This property will not qualify for FHA financing. Seller prefers offers with no inspection contingencies since it is a vacant property. No assignments and no wholesaler buyer offers will be accepted.

Last Agent to Sell the Property

Dean Harris

CrestCore Realty MphsBrokerage License #286759 Listed on: 07/01/2023

Last Buyer's Agent

Lloyd Patterson

C21 Patterson & Assoc. Real Es License #335621

C21 Patterson & Assoc. Real Es

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1959

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 60x136

Parking

  • 1 Parking Space

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,789 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Community Details

  • Winchester Heights Blk C Subdivision

Listing and Financial Details

  • Assessor Parcel Number 073056 00011

Home Details

Home Type

Single Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: WINCHESTER HEIGHTS BLK C
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1789
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1

Lot Info

  • Lot Number: 115
  • Acreage: 0.18
  • Lot Size: 60X136

Tax Info

  • Assessor Parcel Number: 073056 00011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2022
Sold by
Vb One Llc
Bought by
Vb Eight Llc
Current Estimated Value
$134,747

Purchase Details

Closed on
Oct 26, 2022
Sold by
Gandhi Vishnuhhai and Gandhi Nilamben V
Bought by
Vb One Llc

Purchase Details

Listed on
Oct 9, 2013
Closed on
Oct 4, 2013
Sold by
Memphis Invest Gp
Bought by
Gandhi Vishnu
Seller's Agent
Mark Saller
Reedy Group II, LLC
Buyer's Agent
Mark Saller
Reedy Group II, LLC
List Price
$72,900
Sold Price
$72,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.60%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Vb Eight Llc $88,000 Total Title Services
Vb One Llc $100,000 Total Title Services
Gandhi Vishnu $72,900 None Available
Memphis Invest G P $27,000 Saddle Creek Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/11/2023 09/11/23 Sold $122,000 -6.2% $76 / Sq Ft
08/14/2023 08/14/23 Pending -- -- --
08/04/2023 08/04/23 Price Changed $130,000 -7.1% $81 / Sq Ft
07/13/2023 07/13/23 Price Changed $139,900 -3.5% $87 / Sq Ft
07/01/2023 07/01/23 For Sale $145,000 +98.9% $91 / Sq Ft
11/04/2013 11/04/13 Sold $72,900 0.0% $36 / Sq Ft View Prior Sale
10/14/2013 10/14/13 Pending -- -- --
10/09/2013 10/09/13 For Sale $72,900 +170.0% $36 / Sq Ft
10/02/2013 10/02/13 Sold $27,000 -15.6% $14 / Sq Ft View Prior Sale
06/13/2013 06/13/13 Pending -- -- --
06/12/2013 06/12/13 For Sale $32,000 -- $16 / 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 $746 $31,150 $4,125 $27,025
2024 $746 $22,000 $2,875 $19,125
2023 $1,340 $22,000 $2,875 $19,125
2022 $1,340 $22,000 $2,875 $19,125
2021 $759 $22,000 $2,875 $19,125
2020 $528 $16,525 $2,875 $13,650
2019 $528 $16,525 $2,875 $13,650
2018 $528 $16,525 $2,875 $13,650
2017 $541 $16,525 $2,875 $13,650
2016 $813 $18,600 $0 $0
2014 $813 $18,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dean Harris

    Seller's Agent in 2023

    Dean Harris

    CrestCore Realty MphsBrokerage

    (901) 619-6170

    122 in this area

    1,413 Total Sales

    Dean Harris
    Section Image
  • Lloyd Patterson

    Buyer's Agent in 2023

    Lloyd Patterson

    C21 Patterson & Assoc. Real Es

    (901) 679-8684

    3 in this area

    77 Total Sales

    Lloyd Patterson
    Section Image
  • Joshua Hisaw

    Seller's Agent in 2013

    Joshua Hisaw

    Keller Williams

    (901) 459-3423

    5 in this area

    258 Total Sales

    Joshua Hisaw
    Section Image

  • M

    Seller's Agent in 2013

    Mark Saller

    Reedy Group II, LLC

    Section Image
  • Michael Mosteller

    Seller Co-Listing Agent in 2013

    Michael Mosteller

    RE/MAX

    (901) 870-3692

    1 in this area

    76 Total Sales

    Michael Mosteller
    Section Image

  • J

    Buyer Co-Listing Agent in 2013

    John Sanford

    eXp Realty, LLC

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10151358

Memphis Area Association of REALTORS®

APN: 07-3056-0-0011

Tennessee Shelby County Memphis 38118 Parkway Village

3001 Cherry Rd, Memphis, TN

Not Listed for Sale

Detached

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