NOT LISTED FOR SALE

50 E Cherry Dr Memphis, TN 38117

East Memphis Neighborhood

Estimated Value: $729,000 - $857,000

3 Beds
3.5 Baths
3,648 Sq Ft
$215/Sq Ft Est. Value

Last Sold June 23, 2016

Last sale price $500,000 $137 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $4,768/month

Highlights

  • In Ground Pool
  • 0.72 Acre Lot
  • Traditional Architecture
  • White Station High Rated A
  • Marble Flooring
  • No HOA

About This Home

As of June 2016

Attractive 1 story hm-magnificent .72-acres lot! Terrazzo foyer w stunning views thru Vaulted Great rm to terrace, pool & yd! LR & DR w gleaming HW & plantation shutters~Renov. Kit w Tall Euro Style Cabinets w Granite, glazed tile & updated Appl! Lg MBR w HW & triple windows, 2 walk-in cl, Stunning totally renov. Marble MBA w Toto jetted tub, fab walk in shower,granite vanities! BR 2&3 share renov. Connecting BA. Terrific Rec rm w terrazzo flrs. Magnificent setting for gunite saltwater pool!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,741

Year Built

  • Built in 1958

Lot Details

  • 31,363 Sq Ft Lot
  • Lot Dimensions are 125 x 252.8
  • Irrigation

Parking

  • Circular Driveway

Home Design

  • Traditional Architecture
  • Shingle Roof

Interior Spaces

  • 3,648 Sq Ft Home
  • Property has 3 Levels
  • Wet Bar
  • Ceiling Fan
  • Den with Fireplace

Kitchen

  • Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Double Vanity

Home Security

  • Home Security System
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Doors

Outdoor Features

  • In Ground Pool
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Deluxe Homes Inc East Cherry Drive Resub Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 057026 00029

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,741

Year Built

Built in 1958

Lot Details

0.72 Acres

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1958
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Existing
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Walk-In Closet(s), Wet Bar, Pantry
  • Accessibility Features: Accessible Doors
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Double Oven, Cooktop
  • Fireplace Features: Den
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Wood, Laminate, Marble, Tile
  • Total Bedrooms: 3
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Has Basement: Other
  • Building Area Units: Square Feet
  • Living Area: 3648
  • Living Area Units: Square Feet
  • Other Equipment: Irrigation System

Exterior Features

  • Foundation Details: Slab
  • Other Structures: Storage
  • Patio And Porch Features: Patio, Covered
  • Pool Features: In Ground
  • Pool Private: Yes
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Circular Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas
  • Heating Yn: Yes
  • Security: Security System, Smoke Detector(s)
  • Utilities: Natural Gas Available, Water Available, Cable Connected

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.72
  • Lot Size: 125 X 252.8
  • Lot Size Units: Acres
  • Parcel #: 057026 00029
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 8741
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2016
Closed on
Jun 28, 2016
Sold by
George G Early
Bought by
Gabel Michael E
List Price
$475,000
Sold Price
$500,000
Premium/Discount to List
$25,000
5.26%
Current Estimated Value
$810,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$310,908
Avg. Annual Appreciation
4.71%
Original Mortgage
$400,000
Outstanding Balance
$319,115
Interest Rate
3.56%
Estimated Equity
$464,435

Purchase Details

Closed on
Jul 30, 2004
Sold by
Petty Jo Ann
Bought by
Early George G and Early Karen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 25, 2004
Sold by
Petty James L
Bought by
Petty Jo Ann
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
Gabel Michael E -- --
Early George G $456,250 --
Petty Jo Ann -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gabel Michael E $400,000
Closed Gabel Michael E --
Previous Owner Early George G $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2016 06/23/16 Sold $500,000 +5.3% $137 / Sq Ft
06/23/2016 06/23/16 Pending -- -- --
06/23/2016 06/23/16 For Sale $475,000 -- $130 / 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 $5,225 $184,300 $110,375 $73,925
2024 $5,225 $154,125 $98,225 $55,900
2023 $9,389 $154,125 $98,225 $55,900
2022 $9,389 $154,125 $98,225 $55,900
2021 $9,704 $160,075 $98,225 $61,850
2020 $10,054 $138,750 $98,225 $40,525
2019 $10,054 $138,750 $98,225 $40,525
2018 $10,054 $138,750 $98,225 $40,525
2017 $5,908 $143,750 $98,225 $45,525
2016 $4,916 $112,500 $0 $0
2014 $4,916 $112,500 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 3163236

Realtracs

APN: 05-7026-0-0029

Tennessee Shelby County Memphis 38117 East Memphis

50 E Cherry Dr, Memphis, TN

Not Listed for Sale

Detached

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Realtracs 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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