Seller's Agent in 2025
Donnie Morrow
eXp Realty, LLC
(901) 359-9698
11 in this area
535 Total Sales
506 Gerald Rd Memphis, TN 38122
East Memphis NeighborhoodEstimated Value: $203,000 - $222,000
2
Beds
1
Bath
941
Sq Ft
$224/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Wood Flooring
- Porch
- White Station Middle Rated A-
- Separate Formal Living Room
- Brick Veneer
About This Home
As of January 2025Charming Brick Home in High Point Terrace! This beautifully updated residence features a freshly painted interior, modern kitchen with stove, dishwasher, microwave, and refrigerator (all appliances remain, including washer and dryer!). Enjoy stylish light fixtures, an updated bathroom vanity, and energy-efficient windows throughout. The home boasts a tankless water heater and refinished hardwood flooring. Step outside to a spacious backyard with a storage building and covered carport. Located in the heart of Memphis, close to shopping, dining, and parks. Don’t miss your chance to make this adorable property your own!
Home Details
Home Type
- Single Family
Year Built
- Built in 1950
Lot Details
- 11,326 Sq Ft Lot
- Lot Dimensions are 58x198
- Wood Fence
- Level Lot
- Few Trees
Home Design
- Traditional Architecture
- Brick Veneer
Interior Spaces
- 941 Sq Ft Home
- 1-Story Property
- Separate Formal Living Room
- Dining Room
Kitchen
- Oven or Range
- Microwave
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Parking
- 1 Parking Space
- Carport
- Driveway
Additional Features
- Porch
- Central Heating and Cooling System
Community Details
- Stephen First Addition Subdivision
Listing and Financial Details
- Assessor Parcel Number 055027 00016
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 15, 2024
Closed on
Jan 2, 2025
Sold by
Bought by
Seller's Agent
Donnie Morrow
eXp Realty, LLC
Buyer's Agent
Sam Hanks
Broker South Realty
List Price
$235,000
Sold Price
$230,000
Premium/Discount to List
-$5,000
-2.13%
Views
12
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,513
Avg. Annual Appreciation
-5.85%
Original Mortgage
$209,300
Outstanding Balance
$207,473
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$3,014
Purchase Details
Listed on
Mar 4, 2022
Closed on
Apr 14, 2022
Sold by
Bought by
Seller's Agent
Marina Brinkley
Coldwell Banker Collins-Maury
Buyer's Agent
Sarah Ramey
Epique Realty
List Price
$230,000
Sold Price
$220,000
Premium/Discount to List
-$10,000
-4.35%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.65%
Original Mortgage
$216,015
Interest Rate
5%
Mortgage Type
FHA
Purchase Details
Closed on
May 29, 2001
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,125
Interest Rate
7.11%
Purchase Details
Closed on
Oct 18, 1994
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $230,000 | Coventry Escrow & Title | ||
| $220,000 | Stanley & Rainey Pc | ||
| $87,500 | -- | ||
| $87,500 | -- | ||
| $57,128 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $209,300 | ||
| Previous Owner | $216,015 | ||
| Previous Owner | $83,125 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/02/2025 01/02/25 | Sold | $230,000 | -2.1% | $244 / Sq Ft | |
| 12/01/2024 12/01/24 | Pending | -- | -- | -- | |
| 11/15/2024 11/15/24 | For Sale | $235,000 | +6.8% | $250 / Sq Ft | |
| 04/14/2022 04/14/22 | Sold | $220,000 | -4.3% | $234 / Sq Ft | View Prior Sale |
| 03/04/2022 03/04/22 | For Sale | $230,000 | -- | $244 / Sq Ft |
Source: Memphis Area Association of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $1,487 | $55,275 | $12,075 | $43,200 |
| 2024 | $1,352 | $39,875 | $8,050 | $31,825 |
| 2023 | $2,429 | $39,875 | $8,050 | $31,825 |
| 2022 | $2,429 | $39,875 | $8,050 | $31,825 |
| 2021 | $2,458 | $39,875 | $8,050 | $31,825 |
| 2020 | $1,648 | $22,750 | $8,050 | $14,700 |
| 2019 | $727 | $22,750 | $8,050 | $14,700 |
| 2018 | $727 | $22,750 | $8,050 | $14,700 |
| 2017 | $744 | $22,750 | $8,050 | $14,700 |
| 2016 | $947 | $21,675 | $0 | $0 |
| 2014 | $947 | $21,675 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Donnie Morrow
-
Brittany Patriss
Seller Co-Listing Agent in 2025
Brittany Patriss
eXp Realty, LLC
(901) 831-0062
3 in this area
61 Total Sales
-
Sam Hanks
Buyer's Agent in 2025
Sam Hanks
Broker South Realty
(901) 378-0494
6 in this area
28 Total Sales
-
Marina Brinkley
Seller's Agent in 2022
Marina Brinkley
Coldwell Banker Collins-Maury
(901) 619-4023
7 in this area
91 Total Sales
-
Sarah Ramey
S
Buyer's Agent in 2022
Sarah Ramey
Epique Realty
(901) 282-5993
4 in this area
102 Total Sales
Map
Source: Memphis Area Association of REALTORS®
MLS Number: 10185520
APN: 05-5027-0-0016
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