Seller's Agent in 2020
Judy McLellan
Crye-Leike, Inc., REALTORS
(901) 277-5839
31 in this area
348 Total Sales
320 E Cherry Cir Memphis, TN 38117
East Memphis NeighborhoodEstimated Value: $935,477
4
Beds
2
Baths
2,523
Sq Ft
$371/Sq Ft
Est. Value
Highlights
- 2.03 Acre Lot
- No HOA
- Heating Available
- White Station High Rated A
- Cooling Available
About This Home
As of October 2020Extremely Rare Opportunity, possible once in a lifetime opportunity, to own a two acre Belle Meade estate lot in the heart of East Memphis. This is the type of property where you build what famed architect Bobby McAlpine has pinned as an "inheritable home". Value is in the land. The house is unaccessible. It will need to be taken down and is sold "As Is". Don't miss this opportunity, you will regret it for the rest of your life.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $19,427
Year Built
- Built in 1946
Lot Details
- 2.03
Utilities
- Cooling Available
- Heating Available
- Septic Tank
Additional Features
- Property has 3 Levels
- 2.03 Acre Lot
Community Details
- No Home Owners Association
- William Whites Subd Subdivision
Listing and Financial Details
- Tax Lot 4
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 21, 2022
Sold by
Mark L Lundy Revocable Trust
Bought by
Lovell Milton L and Lovell Margaret O
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
$813,875
Interest Rate
5.89%
Mortgage Type
Construction
Purchase Details
Listed on
Sep 23, 2020
Closed on
Oct 28, 2020
Sold by
Thompson Elden Jan and Thompson Barbara Gatwood
Bought by
Lundy Mark L and The Mark L Lundy Revocable Tru
List Price
$1,500,000
Sold Price
$1,351,500
Premium/Discount to List
-$148,500
-9.9%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.64%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lovell Milton L | $957,500 | -- | |
| Lundy Mark L | $1,351,500 | Mid South Title Services Llc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Lovell Milton L | $813,875 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/14/2026 01/14/26 | For Sale | $1,500,000 | +11.0% | $595 / Sq Ft | |
| 10/28/2020 10/28/20 | Sold | $1,351,500 | 0.0% | $536 / Sq Ft | |
| 10/28/2020 10/28/20 | Sold | $1,351,500 | -6.8% | $536 / Sq Ft | View Prior Sale |
| 09/23/2020 09/23/20 | Pending | -- | -- | -- | |
| 09/23/2020 09/23/20 | Pending | -- | -- | -- | |
| 08/20/2020 08/20/20 | Price Changed | $1,450,000 | -6.5% | $575 / Sq Ft | |
| 07/14/2020 07/14/20 | For Sale | $1,550,000 | 0.0% | $614 / Sq Ft | |
| 07/14/2020 07/14/20 | Price Changed | $1,550,000 | +3.3% | $614 / Sq Ft | |
| 05/07/2020 05/07/20 | Pending | -- | -- | -- | |
| 04/04/2020 04/04/20 | For Sale | $1,500,000 | -- | $595 / Sq Ft |
Source: Realtracs
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 | $7,511 | $153,350 | $153,350 | -- |
| 2024 | $7,511 | $123,300 | $123,300 | -- |
| 2023 | $7,511 | $123,300 | $123,300 | $0 |
| 2022 | $14,495 | $237,950 | $237,950 | $0 |
| 2021 | $15,129 | $271,050 | $237,950 | $33,100 |
| 2020 | $15,447 | $213,175 | $198,300 | $14,875 |
| 2019 | $6,813 | $213,175 | $198,300 | $14,875 |
| 2018 | $6,813 | $213,175 | $198,300 | $14,875 |
| 2017 | $8,061 | $246,400 | $198,300 | $48,100 |
| 2016 | $8,667 | $198,325 | $0 | $0 |
| 2014 | $8,666 | $250,025 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Judy McLellan
-
Mickey McLellan
M
Seller Co-Listing Agent in 2020
Mickey McLellan
Crye-Leike, Inc., REALTORS
(901) 277-5840
23 in this area
222 Total Sales
Map
Source: Realtracs
MLS Number: 3088767
APN: 05-7023-0-0047
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
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