3120 Cherry Rd Memphis, TN 38118
Parkway Village NeighborhoodEstimated Value: $86,000 - $108,000
            
                3
                Beds
            
            
            
                1
                Bath
            
            
            
                1,088
                Sq Ft
            
            
                
                    $92/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 3120 Cherry Rd, Memphis, TN 38118 and is currently estimated at $99,946, approximately $91 per square foot. 3120 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
            
            
                Mar 14, 2006
            
        
                Sold by
            
            
                Bailey Marcuse L and Bailey Tairetha
            
        
                Bought by
            
            
                Williams Katherine
            
        
                            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
            
            
                $61,275
            
        
                Outstanding Balance
            
            
                $42,187
            
        
                Interest Rate
            
            
                10.2%
            
        
                Mortgage Type
            
            
                New Conventional
            
        
                Estimated Equity
            
            
                $57,759
            
        Purchase Details
                Closed on
            
            
                Nov 14, 2001
            
        
                Sold by
            
            
                Conrad Michael H and Conrad Patricia R
            
        
                Bought by
            
            
                Bailey Marcus
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $57,103
            
        
                Interest Rate
            
            
                6.85%
            
        
                Mortgage Type
            
            
                FHA
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Williams Katherine | $64,500 | Title Assurance & Escrow Inc | |
| Bailey Marcus | $58,000 | -- | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Williams Katherine | $61,275 | |
| Previous Owner | Bailey Marcus | $57,103 | |
| Closed | Bailey Marcus | $4,220 | 
                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 | $522 | $22,225 | $4,125 | $18,100 | 
| 2024 | $522 | $15,400 | $2,875 | $12,525 | 
| 2023 | $938 | $15,400 | $2,875 | $12,525 | 
| 2022 | $938 | $15,400 | $2,875 | $12,525 | 
| 2021 | $949 | $15,400 | $2,875 | $12,525 | 
| 2020 | $870 | $12,000 | $2,875 | $9,125 | 
| 2019 | $870 | $12,000 | $2,875 | $9,125 | 
| 2018 | $870 | $12,000 | $2,875 | $9,125 | 
| 2017 | $493 | $12,000 | $2,875 | $9,125 | 
| 2016 | $508 | $11,625 | $0 | $0 | 
| 2014 | $508 | $11,625 | $0 | $0 | 
                Source: Public Records
                    
            
        Map
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