551 Cherry Rd Memphis, TN 38117
East Memphis NeighborhoodEstimated Value: $543,166 - $674,000
4
Beds
3
Baths
3,323
Sq Ft
$186/Sq Ft
Est. Value
About This Home
This home is located at 551 Cherry Rd, Memphis, TN 38117 and is currently estimated at $618,042, approximately $185 per square foot. 551 Cherry Rd is a home located in Shelby County with nearby schools including White Station Elementary School, White Station High, and White Station Middle.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 28, 2018
Sold by
Investor Nation Residential Capital Llc
Bought by
Bailey Laura Ann and Calbos Mark
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Outstanding Balance
$254,228
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$363,814
Purchase Details
Closed on
Oct 8, 2002
Sold by
Mercer Zeno Christopher
Bought by
Mercer Jane Myers
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bailey Laura Ann | $383,000 | Home Surety Title & Escrow L | |
| Mercer Jane Myers | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bailey Laura Ann | $288,000 |
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 | $3,911 | $130,675 | $29,150 | $101,525 |
| 2024 | $3,911 | $115,375 | $29,150 | $86,225 |
| 2023 | $7,028 | $115,375 | $29,150 | $86,225 |
| 2022 | $7,028 | $115,375 | $29,150 | $86,225 |
| 2021 | $3,980 | $115,375 | $29,150 | $86,225 |
| 2020 | $7,246 | $100,000 | $29,150 | $70,850 |
| 2019 | $3,196 | $100,000 | $29,150 | $70,850 |
| 2018 | $3,196 | $100,000 | $29,150 | $70,850 |
| 2017 | $3,271 | $100,000 | $29,150 | $70,850 |
| 2016 | $4,859 | $111,200 | $0 | $0 |
| 2014 | $4,859 | $111,200 | $0 | $0 |
Source: Public Records
Map
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