NOT LISTED FOR SALE

3020 Cherry Rd Memphis, TN 38118

Parkway Village Neighborhood

Estimated Value: $88,000 - $99,632

3 Beds
1 Bath
957 Sq Ft
$98/Sq Ft Est. Value

Last Sold June 28, 2012

Last sale price $15,500 $16 Per Sq Ft

Est. 506% increase in value since last sale

Current estimated payment $530/month

35 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Brick Veneer
  • Wood Flooring
  • Some Wood Windows
  • Patio

About This Home

As of June 2012

Beautiful 3bedroom home offers separate living room and kitchen! This is a Fannie Mae HomePath property. Purchase this property for as little as 3% down! This property is approved for HomePath Renovation Mortgage Financing. Call office for details!

Last Agent to Sell the Property

Elizabeth Glosson

Fast Track Realty, LLC License #282986 Listed on: 05/09/2012

Co-Listed By

Greg Glosson

Fast Track Realty, LLC License #262724

Last Buyer's Agent

Linda Allad

Fast Track Realty, LLC License #291458

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1959

Lot Details

  • 7,841 Sq Ft Lot
  • Level Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 957 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Aluminum Window Frames
  • Separate Formal Living Room
  • Wood Flooring
  • Attic Access Panel

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Additional Features

  • Patio
  • Cable TV Available

Community Details

  • Winchester Heights Blk C Subdivision

Listing and Financial Details

  • Assessor Parcel Number 073059 00024

Home Details

Home Type

Single Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: WINCHESTER HEIGHTS BLK C
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 957
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Full Bath Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood
  • Full Bathrooms: 1
  • Equipment: Cable Wired
  • Living Dining Kitchen: Separate Living Room, Pantry
  • Misc Interior: Attic Access
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer, Wood/Composition, Aluminum/Steel Siding
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 137
  • Acreage: 0.18
  • Lot Size: .18

Tax Info

  • Assessor Parcel Number: 073059 00024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2012
Closed on
Jun 28, 2012
Sold by
Fannie Mae
Bought by
Cree Gables Investments Llc
Seller's Agent
Elizabeth Glosson
Fast Track Realty, LLC
Buyer's Agent
Linda Allad
Fast Track Realty, LLC
List Price
$20,000
Sold Price
$15,500
Premium/Discount to List
-$4,500
-22.5%
Current Estimated Value
$93,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,408
Avg. Annual Appreciation
14.26%

Purchase Details

Listed on
May 9, 2012
Closed on
May 29, 2012
Sold by
House Emmett James and Mclaughlin Bill R
Bought by
Federal National Mortgage Association
Seller's Agent
Elizabeth Glosson
Fast Track Realty, LLC
Buyer's Agent
Linda Allad
Fast Track Realty, LLC
List Price
$20,000
Sold Price
$15,500
Premium/Discount to List
-$4,500
-22.5%

Purchase Details

Closed on
Mar 31, 2000
Sold by
Anderson Carl
Bought by
Malone Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,380
Interest Rate
8.34%

Purchase Details

Closed on
Jul 9, 1999
Sold by
Sonja Neal
Bought by
Hud

Purchase Details

Closed on
Jul 12, 1996
Sold by
Nanney Jettie M
Bought by
Neal Sonja

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,466
Interest Rate
8.27%
Mortgage Type
FHA
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
Cree Gables Investments Llc $15,500 None Available
Federal National Mortgage Association $43,181 None Available
Malone Gregory $54,000 --
Malone Gregory $54,000 --
Hud $59,908 --
Hud $59,908 --
Neal Sonja $48,000 Memphis Title
Neal Sonja $48,000 Memphis Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Malone Gregory $52,380
Previous Owner Neal Sonja $48,466
Closed Neal Sonja $3,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2012 06/28/12 Sold $15,500 -22.5% $16 / Sq Ft
06/13/2012 06/13/12 Pending -- -- --
05/09/2012 05/09/12 For Sale $20,000 -- $21 / 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 $468 $19,600 $4,125 $15,475
2024 $468 $13,800 $2,875 $10,925
2023 $841 $13,800 $2,875 $10,925
2022 $841 $13,800 $2,875 $10,925
2021 $850 $13,800 $2,875 $10,925
2020 $772 $10,650 $2,875 $7,775
2019 $772 $10,650 $2,875 $7,775
2018 $772 $10,650 $2,875 $7,775
2017 $438 $10,650 $2,875 $7,775
2016 $452 $10,350 $0 $0
2014 $452 $10,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Elizabeth Glosson

    Seller's Agent in 2012

    Elizabeth Glosson

    Fast Track Realty, LLC

    (901) 336-8103

    2 in this area

    197 Total Sales

    Elizabeth Glosson
    Section Image
  • Greg Glosson

    Seller Co-Listing Agent in 2012

    Greg Glosson

    Fast Track Realty, LLC

    (901) 550-3633

    1 in this area

    13 Total Sales

    Greg Glosson
    Section Image
  • Linda Allad

    Buyer's Agent in 2012

    Linda Allad

    Fast Track Realty, LLC

    (901) 240-0757

    24 Total Sales

    Linda Allad
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3247004

Memphis Area Association of REALTORS®

APN: 07-3059-0-0024

Tennessee Shelby County Memphis 38118 Parkway Village

3020 Cherry Rd, Memphis, TN

Not Listed for Sale

Detached

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