NOT LISTED FOR SALE

556 Cherry Rd Memphis, TN 38117

East Memphis Neighborhood

Estimated Value: $598,153 - $851,000

3 Beds
2 Baths
2,400-2,599 Sq Ft
$266/Sq Ft Est. Value

Sale Details

Date Sold: March 28, 2014

Last sale price $416,000 $160 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $3,997 / mo

145 Days on Market

Highlights

  • Detached Guest House
  • Updated Kitchen
  • Landscaped Professionally
  • White Station High Rated A
  • 1.23 Acre Lot
  • 5-minute walk to Audubon Park

About This Home

As of March 2014

Sophisticated&Elegant hm on magnificent 1.23 ac~magical setting!Superb remoldel by Architect/Designer team reveals stunning well thought out design&fab views.Lg DR~ graniteFP,dramatic greatrm,sleek Kit(granite&SS)opens to fab keeprm~renov BA's!Guest house

Last Agent to Sell the Property

Barbie Dan

Ware Jones, REALTORS License #248919 Listed on: 09/24/2013

Ware Jones, REALTORS

Last Buyer's Agent

Carolina Capote

Hobson, REALTORS License #284818

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1954

Lot Details

  • 1.23 Acre Lot
  • Wood Fence
  • Landscaped Professionally
  • Level Lot
  • Wooded Lot

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,400-2,599 Sq Ft Home
  • 2,360 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Fireplace Features Masonry
  • Some Wood Windows
  • Window Treatments
  • Entrance Foyer
  • Dining Room
  • Den
  • Storage Room
  • Laundry closet
  • Keeping Room
  • Pull Down Stairs to Attic

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Cedar Closet
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Pullman Style Bathroom
  • In-Law or Guest Suite
  • Dual Vanity Sinks in Primary Bathroom

Home Security

  • Home Security System
  • Fire and Smoke Detector
  • Termite Clearance

Parking

  • 6 Car Detached Garage
  • Carport
  • Rear-Facing Garage
  • Garage Door Opener
  • Driveway

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Patio
  • Detached Guest House

Community Details

  • Barboros Cherry Road Subdivision

Listing and Financial Details

  • Assessor Parcel Number 057012 00011

Home Details

Home Type

Single Family

Year Built

Built in 1954

Lot Details

1.23 Acres

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: VILLAGE (THE)
  • Freestanding: Yes
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2360
  • Termite Contract: Yes
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Keeping/Hearth Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Renovated Bathroom, Double Vanity Bath
  • Estimated Heated Sq Ft Range: 2400-2599
  • Bedroom 2 Description: Level 1, Pullman Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 1, Pullman Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 4 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Masonry, Gas Starter
  • Floors/Ceilings: Hardwood Throughout, Tile, Smooth Ceiling, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Self Cleaning Oven, Gas Cooking, Disposal, Dishwasher, Microwave, Refrigerator, Cable Wired
  • Living Dining Kitchen: Separate Dining Room, Separate Den, Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar, Pantry, Keeping/Hearth Room
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Cedar Lined Closet(s), Pull Down Attic Stairs, Security System, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet, In-Law Quarters, Separate Guest House, Entry Hall
  • Primary Bathroom Description: Double Sinks, Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Full Bath, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer, Wood Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 6
  • Parking Display: C6D
  • Parking Storage: Driveway/Pad, Storage Room(s), Garage Door Opener(s), Back-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s), Dual System, 220 Wiring
  • Heating: Central, Gas, Dual System
  • Water Sewer: Electric Water Heater, Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Wooded, Level, Professionally Landscaped, Wood Fenced
  • Lot Number: 8
  • Acreage: 1.23
  • Keeping Hearth Dimension: 13x13
  • Lot Size: 122.51/132.24 X 405.91/404.48

Tax Info

  • Assessor Parcel Number: 057012 00011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2013
Closed on
Mar 28, 2014
Sold by
Yeates Arthur L and Yeates Jenny D
Bought by
Richardson Thomas E and Richardson Katherine O
Seller's Agent
Barbie Dan
Ware Jones, REALTORS
Buyer's Agent
Carolina Capote
Hobson, REALTORS
List Price
$449,000
Sold Price
$416,000
Premium/Discount to List
-$33,000
-7.35%
Current Estimated Value
$690,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,038
Avg. Annual Appreciation
4.28%
Original Mortgage
$260,000
Outstanding Balance
$78,310
Interest Rate
4.36%
Mortgage Type
New Conventional
Estimated Equity
$611,728
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
Richardson Thomas E $416,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richardson Thomas E $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2014 03/28/14 Sold $416,000 -7.3% $173 / Sq Ft
02/16/2014 02/16/14 Pending -- -- --
09/24/2013 09/24/13 For Sale $449,000 -- $187 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $4,352 $147,700 $50,025 $97,675
2024 $4,352 $128,375 $50,025 $78,350
2023 $7,820 $128,375 $50,025 $78,350
2022 $7,820 $128,375 $50,025 $78,350
2021 $7,912 $128,375 $50,025 $78,350
2020 $8,288 $114,375 $50,025 $64,350
2019 $8,288 $114,375 $50,025 $64,350
2018 $8,288 $114,375 $50,025 $64,350
2017 $4,286 $104,275 $50,025 $54,250
2016 $4,837 $110,675 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Barbie Dan

    Seller's Agent in 2014

    Barbie Dan

    Ware Jones, REALTORS

    (901) 335-7745

    50 in this area

    218 Total Sales

    Barbie Dan
    Section Image
  • Carolina Capote

    Buyer's Agent in 2014

    Carolina Capote

    Hobson, REALTORS

    (901) 921-9921

    9 in this area

    38 Total Sales

    Carolina Capote
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3281854

Memphis Area Association of REALTORS®

APN: 05-7012-0-0011

Tennessee Shelby County Memphis 38117 East Memphis

556 Cherry Rd, Memphis, TN

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