501 Gerald Rd Memphis, TN 38122
East Memphis NeighborhoodEstimated payment $1,651/month
Highlights
- Sitting Area In Primary Bedroom
- Traditional Architecture
- Den
- White Station Middle Rated A-
- Wood Flooring
- Covered Patio or Porch
About This Home
Welcome to this inviting home in highly sought-after Highpoint Terrace! You’ll love the open floor plan, rich hardwood floors throughout the living areas, smooth ceilings, and multiple spaces to gather or unwind. The primary bedroom suite is huge, offering plenty of space to retreat and relax. The separate laundry room + tons of closet space are coveted features for this era of home! The roof has been newly replaced and energy-efficient windows installed! The fridge, stove, washer, and dryer will convey with the home. Nestled on a quiet street, this home is close to everything—local restaurants, shopping, the University of Memphis, and easy access to main roads. A great find in one of Memphis’s most desirable neighborhoods! Move-in ready!
Home Details
Home Type
- Single Family
Year Built
- Built in 1950
Lot Details
- 0.28 Acre Lot
- Lot Dimensions are 50x158
- Wood Fence
- Level Lot
Home Design
- Traditional Architecture
- Brick Veneer
- Composition Shingle Roof
- Vinyl Siding
- Pier And Beam
Interior Spaces
- 1,907 Sq Ft Home
- 1-Story Property
- Smooth Ceilings
- Vinyl Clad Windows
- Window Treatments
- Aluminum Window Frames
- Breakfast Room
- Den
- Storage Room
- Monitored
Kitchen
- Breakfast Bar
- Oven or Range
- Microwave
- Dishwasher
Flooring
- Wood
- Wall to Wall Carpet
- Tile
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- Sitting Area In Primary Bedroom
- 3 Main Level Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- 2 Full Bathrooms
- Dual Vanity Sinks in Primary Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 2 Parking Spaces
- Workshop in Garage
Outdoor Features
- Covered Patio or Porch
- Outdoor Storage
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Community Details
- Stephen First Addition Subdivision
Listing and Financial Details
- Assessor Parcel Number 055001 00034
Map
Home Values in the Area
Average Home Value in this Area
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 | -- | $62,250 | $12,075 | $50,175 |
| 2024 | -- | $59,975 | $8,050 | $51,925 |
| 2023 | $3,653 | $59,975 | $8,050 | $51,925 |
| 2022 | $3,653 | $59,975 | $8,050 | $51,925 |
| 2021 | $3,696 | $59,975 | $8,050 | $51,925 |
| 2020 | $2,005 | $27,675 | $8,050 | $19,625 |
| 2019 | $2,005 | $27,675 | $8,050 | $19,625 |
| 2018 | $2,005 | $27,675 | $8,050 | $19,625 |
| 2017 | $1,137 | $27,675 | $8,050 | $19,625 |
| 2016 | $1,185 | $27,125 | $0 | $0 |
| 2014 | $1,185 | $27,125 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/04/2025 11/04/25 | For Sale | $265,000 | -- | $139 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $100,500 | Multiple | |
| Warranty Deed | $39,000 | Realty Title |
Source: Memphis Area Association of REALTORS®
MLS Number: 10209135
APN: 05-5001-0-0034
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