NOT LISTED FOR SALE

329 E Cherry Cir Memphis, TN 38117

East Memphis Neighborhood

Estimated Value: $978,000 - $1,062,000

4 Beds
4 Baths
4,336 Sq Ft
$233/Sq Ft Est. Value

Last Sold May 01, 2023

Last sale price $1,025,000 $236 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $5,755/month

Highlights

  • In Ground Pool
  • 1.4 Acre Lot
  • 2 Fireplaces
  • White Station High Rated A
  • Contemporary Architecture
  • High Ceiling

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".

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,711

Year Built

  • Built in 1952

Lot Details

  • 1.4 Acre Lot
  • Lot Dimensions are 125x502

Home Design

  • Contemporary Architecture
  • Shingle Roof

Interior Spaces

  • 4,336 Sq Ft Home
  • Property has 3 Levels
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Carpet

Bedrooms and Bathrooms

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

Parking

  • Attached Garage
  • Rear-Facing Garage

Outdoor Features

  • In Ground Pool
  • Patio

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • William White Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 057024 00017

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,711

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Year Built: 1952
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Existing
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: High Ceilings, Built-in Features
  • Fireplace: Yes
  • Fireplaces: 2
  • Flooring: Carpet
  • Total Bedrooms: 4
  • Full Bathrooms: 4
  • Building Area Units: Square Feet
  • Living Area: 4336
  • Living Area Units: Square Feet

Exterior Features

  • Foundation Details: Slab
  • Other Structures: Tennis Court(s)
  • Patio And Porch Features: Patio
  • Pool Features: In Ground
  • Pool Private: Yes
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Garage Faces Rear

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 1.4
  • Lot Size: 125X502
  • Lot Size Units: Acres
  • Parcel #: 057024 00017
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 10711
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2026
Closed on
May 1, 2023
Sold by
Gusmus Michael A and Gusmus Mary S
Bought by
Allen William D and Allen Sara S
List Price
$1,250,000
Sold Price
$1,025,000
Premium/Discount to List
-$225,000
-18%
Current Estimated Value
$1,011,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,377
Avg. Annual Appreciation
-0.47%
Original Mortgage
$840,500
Outstanding Balance
$814,505
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$197,118

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
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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
01/14/2026 01/14/26 For Sale $1,250,000 +22.0% $288 / Sq Ft
05/01/2023 05/01/23 Sold $1,025,000 0.0% $236 / Sq Ft
05/01/2023 05/01/23 Sold $1,025,000 -18.0% $256 / Sq Ft View Prior Sale
03/28/2023 03/28/23 Pending -- -- --
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: 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 $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 $10,587 $173,800 $150,125 $23,675
2021 $5,996 $173,800 $150,125 $23,675
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
Source: Public Records

Agents Affiliated with this Home

  • Judy McLellan

    Seller's Agent in 2023

    Judy McLellan

    Crye-Leike, Inc., REALTORS

    (901) 277-5839

    31 in this area

    353 Total Sales

    Judy McLellan
    Section Image

  • M

    Seller Co-Listing Agent in 2023

    Mickey McLellan

    Crye-Leike, Inc., REALTORS

    (901) 277-5840

    23 in this area

    229 Total Sales

    Mickey McLellan
    Section Image
  • Conlee Stringfellow

    Buyer's Agent in 2023

    Conlee Stringfellow

    Ware Jones, REALTORS

    (901) 289-4140

    70 in this area

    211 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

    35 in this area

    85 Total Sales

    Eleanore Maynard
    Section Image
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Map

Source: Realtracs

MLS Number: 3086087

Realtracs

APN: 05-7024-0-0017

Tennessee Shelby County Memphis 38117 East Memphis

329 E Cherry Cir, Memphis, TN

Not Listed for Sale

Detached

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