NOT LISTED FOR SALE

406 W Cherry Ln Memphis, TN 38117

Audubon Park Neighborhood

Estimated Value: $1,436,000 - $1,675,571

4 Beds
4.5 Baths
6,000-6,999 Sq Ft
$223/Sq Ft Est. Value

Last Sold May 15, 2019

Last sale price $1,152,000 $165 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $9,075/month

Highlights

  • Sitting Area In Primary Bedroom
  • Gated Community
  • 0.48 Acre Lot
  • White Station High Rated A
  • Updated Kitchen
  • Two Primary Bathrooms

About This Home

As of May 2019

Showings start Thursday October 18. Architectural masterpiece ,finely built, beautifully decorated and lavishly landscaped. 18' ceilings down. Floors of reclaimed pine, marble and cork. Spectacular millwork and filled with natural light. Ideal for entertaining as well as comfortable living. Gorgeous yard with charming terraces, fountains, and manicured landscaping. Every imaginable amenity- a Rare Jewel.

Last Agent to Sell the Property

Pam Pierce

Ware Jones, REALTORS License #215343 Listed on: 07/04/2018

Ware Jones, REALTORS

Co-Listed By

Jenny Grehan

Hobson, REALTORS License #203349

Last Buyer's Agent

Jenny Grehan

Hobson, REALTORS License #203349

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,901

Year Built

  • Built in 2003

Lot Details

  • 0.48 Acre Lot
  • Wrought Iron Fence
  • Brick Fence
  • Landscaped Professionally
  • Level Lot
  • Sprinklers on Timer
  • Few Trees

Home Design

  • Traditional Architecture
  • Tile Roof
  • Pier And Beam

Interior Spaces

  • 6,000-6,999 Sq Ft Home
  • 6,431 Sq Ft Home
  • 1.5-Story Property
  • Wet Bar
  • Built-in Bookshelves
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Fireplace With Gas Starter
  • Fireplace Features Masonry
  • Some Wood Windows
  • Window Treatments
  • Two Story Entrance Foyer
  • Living Room with Fireplace
  • 5 Fireplaces
  • Dining Room
  • Den with Fireplace
  • Bonus Room with Fireplace
  • Storage Room
  • Laundry Room
  • Attic Access Panel

Kitchen

  • Updated Kitchen
  • Oven or Range
  • Gas Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal
  • Instant Hot Water

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Dressing Area
  • Two Primary Bathrooms
  • Primary Bathroom is a Full Bathroom
  • Jack-and-Jill Bathroom
  • Bathtub With Separate Shower Stall

Home Security

  • Monitored
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Lot

Outdoor Features

  • Cove
  • Patio

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 057024 00045C

Community Details

Overview

  • West Cherry Place II Subdivision
  • Mandatory Home Owners Association
  • Planned Unit Development

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,901

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: BELLE MEADE
  • List Price Per Sq Ft: 248
  • Number Of Stories: 1.5
  • Prop Construction Status: Existing Property
  • Planned Unit Development: Yes
  • Estimated Sq Ft: 6431
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2 or More Baths, Laundry Room
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Luxury Primary Bath, Separate Tub & Shower, 2 Full Primary Baths, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 6000 - 6999
  • Bedroom 2 Description: Level 2, Private Full Bath, Smooth Ceiling
  • Bedroom 3 Description: Level 2, Private Full Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 4 Description: Level 1, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 4
  • Bedrooms Down: 2
  • Fireplace: Masonry, In Living Room, In Den/Great Room, In Primary Bedroom, In Other Room, Gas Starter
  • Floors/Ceilings: Hardwood Throughout, Marble/Terrazzo, Smooth Ceiling, 9 or more Ft. Ceiling, Two Story Foyer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Gas Cooking, Disposal, Dishwasher, Microwave, Refrigerator, Instant Hot Water, Separate Ice Maker
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Updated/Renovated Kitchen, Pantry, Island In Kitchen
  • Misc Interior: All Window Treatments, Wet Bar, Walk-In Closet(s), Attic Access, Walk-In Attic, Cat/Dog Free House, Security System, Smoke Detector(s), Monitored Alarm, Vent Hood/Exhaust Fan
  • Number Of Fireplaces: 5
  • Other Rooms: Laundry Room, Bonus Room, Office/Sewing Room, Entry Hall, Attic, Storage Room
  • Primary Bathroom Description: Separate His/ Her Baths, Dressing Area, Smooth Ceiling
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Fireplace, Sitting Area, Built-In Cabinets/Bkcases, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler, Patio, Well Landscaped Grounds, Iron Fence
  • Exterior Windows: Brick Veneer, Stone, Wood Window(s)
  • Foundation: Conventional
  • Roof: Tile/Slate

Garage/Parking

  • Attached Detached Parking: Attached
  • Number Covered Parking Spaces: 2
  • Parking Display: 2A
  • Parking Storage: Driveway/Pad, Storage Room(s), Garage Door Opener(s), Gate Clickers, Parking Lot

Utilities

  • Cooling: Central, 3 or More Systems
  • Heating: Central, Gas, 3 or More Systems
  • Water Sewer: Gas Water Heater, 2+ Water Heaters, Public Water, Public Sewer

Association/Amenities

  • Neighborhood Amenities: Gated Neighborhood
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Level, Cove, Professionally Landscaped, Brick/Stone Fenced, Iron Fenced
  • Lot Number: 24and25
  • Acreage: 0.48
  • Keeping Hearth Dimension: 24x13
  • Lot Size: 120.78 X 219.54 IRR

Tax Info

  • Assessor Parcel Number: 057024 00045C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2018
Closed on
May 15, 2019
Sold by
Orgill Irene L
Bought by
Lee Thomas C and Lee Lucy C
Seller's Agent
Pam Pierce
Ware Jones, REALTORS
Buyer's Agent
Jenny Grehan
Hobson, REALTORS
List Price
$1,895,000
Sold Price
$1,152,000
Premium/Discount to List
-$743,000
-39.21%
Current Estimated Value
$1,560,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$408,393
Avg. Annual Appreciation
4.81%
Original Mortgage
$1,152,000
Interest Rate
4%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 20, 2017
Sold by
Diversfied Trust Company Inc
Bought by
Orgill Irene L

Purchase Details

Closed on
Mar 31, 2017
Sold by
Orgill Joseph
Bought by
Orgill Joseph and The Joseph Orgill Iii Revocable Living T

Purchase Details

Closed on
Feb 3, 2000
Sold by
Graber Stanley
Bought by
Orgill Joseph
Source: Public Records

Range of Values:

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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
Lee Thomas C $1,152,000 None Available
Orgill Irene L -- None Available
Orgill Joseph -- None Available
Orgill Joseph $372,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Lee Thomas C $1,152,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2019 05/15/19 Sold $1,152,000 -27.8% $192 / Sq Ft
10/27/2018 10/27/18 Price Changed $1,595,000 -15.8% $266 / Sq Ft
07/04/2018 07/04/18 For Sale $1,895,000 -- $316 / 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 $10,901 $432,500 $50,975 $381,525
2024 $10,901 $321,550 $50,975 $270,575
2023 $21,306 $372,250 $50,975 $321,275
2022 $22,676 $372,250 $50,975 $321,275
2021 $11,093 $409,750 $76,450 $333,300
2020 $20,868 $288,000 $76,450 $211,550
2019 $11,981 $374,875 $76,450 $298,425
2018 $11,981 $374,875 $76,450 $298,425
2017 $13,233 $404,500 $76,450 $328,050
2016 $14,760 $337,750 $0 $0
2014 $14,760 $365,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Pam Pierce

    Seller's Agent in 2019

    Pam Pierce

    Ware Jones, REALTORS

    (901) 289-9962

    13 in this area

    28 Total Sales

    Pam Pierce
    Section Image

  • J

    Seller Co-Listing Agent in 2019

    Jenny Grehan

    Hobson, REALTORS

  • D

    Buyer Co-Listing Agent in 2019

    Dolores Gill

    C21 Bob Leigh and Associates

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10038644

Memphis Area Association of REALTORS®

APN: 05-7024-0-0045C

Tennessee Shelby County Memphis 38117 Audubon Park

406 W Cherry Ln, Memphis, TN

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