NOT LISTED FOR SALE

329 E Cherry Cir Memphis, TN 38117

Audubon Park Neighborhood

Estimated Value: $985,102 - $1,123,000

4 Beds
4 Baths
4,000-4,499 Sq Ft
$232/Sq Ft Est. Value

Last Sold May 01, 2023

Last sale price $1,025,000 $228 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,966/month

50 Days on Market

Highlights

  • Tennis Courts
  • In Ground Pool
  • Vaulted Ceiling
  • White Station High Rated A
  • 1.4 Acre Lot
  • Soft Contemporary Architecture

About This Home

As of May 2023

The Choice Is Yours! Renovate or Build your dream home! Rare Opportunity to own a 1.4 +/- ac Belle Meade estate lot in the heart of E'Memphis on a quiet secluded street with one way in/out. The type of property where you could build what famed architect Bobby McAlpine pinned as an "inheritable home". Property incls gunite pool & tennis court. The mid-centry modern home has some fabulous features & could be renovated into a spectacular reimagined showplace. Property is being sold "as is".

Last Agent to Sell the Property

Judy McLellan

Crye-Leike, Inc., REALTORS License #16362 Listed on: 02/06/2023

Crye-Leike, Inc., REALTORS

Co-Listed By

Mickey McLellan

Crye-Leike, Inc., REALTORS License #202427

Last Buyer's Agent

Conlee Stringfellow

Ware Jones, REALTORS License #330938

Ware Jones, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,892

Year Built

  • Built in 1952

Lot Details

  • 1.4 Acre Lot
  • Lot Dimensions are 125x502
  • Landscaped
  • Level Lot
  • Few Trees

Home Design

  • Soft Contemporary Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 4,000-4,499 Sq Ft Home
  • 4,336 Sq Ft Home
  • 1-Story Property
  • Built-in Bookshelves
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Some Wood Windows
  • Separate Formal Living Room
  • Dining Room
  • Den
  • Storage Room
  • Laundry Room
  • Wall to Wall Carpet
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Parking

  • 3 Car Garage
  • Rear-Facing Garage

Outdoor Features

  • In Ground Pool
  • Tennis Courts
  • Patio

Utilities

  • Central Air
  • Floor Furnace

Community Details

  • William White Subdivision

Listing and Financial Details

  • Assessor Parcel Number 057024 00017

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,892

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Soft Contemporary, Ranch
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: BELLE MEADE
  • List Price Per Sq Ft: 288
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 4336
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 4th of More Bedrooms, 2 or More Baths, Laundry Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 4000-4499
  • Bedroom 2 Description: Level 1, Walk-In Closet, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 3 Description: Level 1, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 4 Description: Level 1, Smooth Ceiling, Carpet
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Floors/Ceilings: Wall to Wall Carpet, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 4
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Eat-In Kitchen
  • Number Of Fireplaces: 2
  • P R I M A R Y B E D R O O M: Level 1, Full Bath, Built-In Cabinets/Bkcases, Smooth Ceiling, Carpet

Exterior Features

  • Misc Exterior: Patio, Tennis Court
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Foundation: Slab
  • Pool Description: In Ground
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 3
  • Parking Display: 3
  • Parking Storage: Storage Room(s), Back-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Electric, Floor Heating Strips
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level, Landscaped
  • Lot Number: 3
  • Acreage: 1.4
  • Lot Size: 125X502

Tax Info

  • Assessor Parcel Number: 057024 00017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2023
Closed on
May 1, 2023
Sold by
Gusmus Michael A and Gusmus Mary S
Bought by
Allen William D and Allen Sara S
Seller's Agent
Judy McLellan
Crye-Leike, Inc., REALTORS
Buyer's Agent
Conlee Stringfellow
Ware Jones, REALTORS
List Price
$1,250,000
Sold Price
$1,025,000
Premium/Discount to List
-$225,000
-18%
Views
45
Current Estimated Value
$1,044,026

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,026
Avg. Annual Appreciation
0.74%
Original Mortgage
$840,500
Outstanding Balance
$818,009
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$226,017

Purchase Details

Listed on
Dec 3, 2021
Closed on
Jan 27, 2022
Sold by
Esther Brady
Bought by
Gusmus Michael A and Gusmus Mary S
Seller's Agent
Pat Beech
Arlena Enos, REALTORS
Buyer's Agent
Eleanore Maynard
Hobson, REALTORS
List Price
$1,100,000
Sold Price
$1,000,000
Premium/Discount to List
-$100,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.98%
Source: Public Records

Range of Values:

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Average Value
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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
Allen William D $1,025,000 Delta Title Services
Gusmus Michael A $1,000,000 Murphy Dezonia & Webb
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen William D $840,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/01/2023 05/01/23 Sold $1,025,000 -18.0% $256 / Sq Ft
03/28/2023 03/28/23 Pending -- -- --
02/06/2023 02/06/23 For Sale $1,250,000 +25.0% $313 / Sq Ft
01/27/2022 01/27/22 Sold $1,000,000 -9.1% $250 / Sq Ft View Prior Sale
12/03/2021 12/03/21 For Sale $1,100,000 -- $275 / 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 $5,892 $266,875 $199,375 $67,500
2024 $5,892 $173,800 $150,125 $23,675
2023 $10,587 $173,800 $150,125 $23,675
2022 $5,892 $173,800 $150,125 $23,675
2021 $5,996 $173,800 $150,125 $23,675
2020 $11,570 $159,675 $150,125 $9,550
2019 $5,103 $159,675 $150,125 $9,550
2018 $5,103 $159,675 $150,125 $9,550
2017 $5,224 $159,675 $150,125 $9,550
2016 $6,562 $150,150 $0 $0
2014 $6,562 $150,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Judy McLellan

    Seller's Agent in 2023

    Judy McLellan

    Crye-Leike, Inc., REALTORS

    (901) 277-5839

    34 in this area

    367 Total Sales

    Judy McLellan
    Section Image

  • M

    Seller Co-Listing Agent in 2023

    Mickey McLellan

    Crye-Leike, Inc., REALTORS

    (901) 277-5840

    27 in this area

    249 Total Sales

    Mickey McLellan
    Section Image
  • Conlee Stringfellow

    Buyer's Agent in 2023

    Conlee Stringfellow

    Ware Jones, REALTORS

    (901) 289-4140

    97 in this area

    205 Total Sales

    Conlee Stringfellow
    Section Image

  • P

    Seller's Agent in 2022

    Pat Beech

    Arlena Enos, REALTORS

    Section Image
  • Eleanore Maynard

    Buyer's Agent in 2022

    Eleanore Maynard

    Hobson, REALTORS

    (901) 219-1905

    40 in this area

    84 Total Sales

    Eleanore Maynard
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10141548

Memphis Area Association of REALTORS®

APN: 05-7024-0-0017

Tennessee Shelby County Memphis 38117 Audubon Park

329 E Cherry Cir, Memphis, TN

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