NOT LISTED FOR SALE

539 Cherry Rd Memphis, TN 38117

East Memphis Neighborhood

Estimated Value: $579,347 - $782,000

5 Beds
3.5 Baths
3,948 Sq Ft
$166/Sq Ft Est. Value

Sale Details

Date Sold: October 13, 2021

Last sale price $510,000 $129 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,784 / mo

Highlights

  • Guest House
  • 0.61 Acre Lot
  • Wood Flooring
  • White Station High Rated A
  • Traditional Architecture
  • No HOA

About This Home

As of October 2021

Due to unforeseen health changes, buyers had to put this BACK on the MARKET. Opportunity to buy in one of E Memphis's best neighborhoods .60 acres located along the estate lots of the The Village. 5 bdrms, office, open floor plan kitchen/keeping room. Downstairs 2bdrms, office, formal living, dining room, Guest house w/ bath & kitchenette. Gate & rear parking. Buyer may want to do cosmetic updates, seller has maintained mechanicals. Price at $140sqft. Hard to find all this in 38117!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,157

Year Built

  • Built in 1956

Lot Details

  • 26,572 Sq Ft Lot
  • Lot Dimensions are 120x223

Home Design

  • Traditional Architecture
  • Shingle Roof

Interior Spaces

  • 3,948 Sq Ft Home
  • Property has 3 Levels
  • Living Room with Fireplace
  • Den with Fireplace
  • Library
  • Home Security System

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces
  • Parking Pad

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Patio
  • Guest House

Community Details

  • No Home Owners Association
  • Frank L Burt Jr Cherry Rd Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 057011 00008

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,157

Year Built

Built in 1956

Lot Details

0.61 Acres

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1956
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Existing
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Fireplace Features: Living Room, Den
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Wood
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Has Basement: Other
  • Building Area Units: Square Feet
  • Living Area: 3948
  • Living Area Units: Square Feet

Exterior Features

  • Other Structures: Guest House
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2
  • Carport Y N: Yes
  • Covered Parking Spaces: 2
  • Parking Features: Detached, Parking Pad
  • Total Parking Spaces: 2

Utilities

  • Sewer: Other
  • Water Source: Other
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas
  • Heating Yn: Yes
  • Security: Security System
  • Utilities: Natural Gas Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.61
  • Lot Size: 120X223
  • Lot Size Units: Acres
  • Parcel #: 057011 00008
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 7157
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2021
Closed on
Oct 13, 2021
Sold by
Snyder Belinda W and Belinda W Snyder Living Trust
Bought by
Villacci Freddie and Freddie Villacci Living Trust
List Price
$575,000
Sold Price
$510,000
Premium/Discount to List
-$65,000
-11.3%
Current Estimated Value
$653,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,837
Avg. Annual Appreciation
5.65%

Purchase Details

Closed on
Apr 13, 2015
Sold by
Snyder Belinda A
Bought by
Snyder Belinda W and Belinda W Snyder Living Trust
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
Villacci Freddie $510,000 Southern Trust Title Co
Snyder Belinda W -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2021 10/13/21 Sold $510,000 -11.3% $129 / Sq Ft
10/05/2021 10/05/21 Pending -- -- --
10/05/2021 10/05/21 For Sale $575,000 -- $146 / 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 $4,095 $136,725 $31,225 $105,500
2024 $4,095 $120,800 $31,225 $89,575
2023 $7,359 $120,800 $31,225 $89,575
2022 $7,359 $120,800 $31,225 $89,575
2021 $3,277 $120,800 $31,225 $89,575
2020 $7,157 $98,775 $31,225 $67,550
2019 $3,157 $98,775 $31,225 $67,550
2018 $3,157 $98,775 $31,225 $67,550
2017 $3,231 $98,775 $31,225 $67,550
2016 $4,594 $105,125 $0 $0
2014 $4,594 $105,125 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 3161122

Realtracs

APN: 05-7011-0-0008

Tennessee Shelby County Memphis 38117 East Memphis

539 Cherry Rd, Memphis, TN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realtracs 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.
Listings courtesy of Realtracs as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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