NOT LISTED FOR SALE

70 Cherry Rd Memphis, TN 38117

Audubon Park Neighborhood

Estimated Value: $1,408,000 - $1,601,000

5 Beds
4 Baths
5,500-5,999 Sq Ft
$256/Sq Ft Est. Value

Last Sold December 27, 2021

Last sale price $1,475,000 $246 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $8,903/month

Highlights

  • 0.7 Acre Lot
  • Traditional Architecture
  • Patio
  • White Station High Rated A
  • 2 Fireplaces
  • Central Air

About This Home

As of December 2021

Absolutely wonderful and all new inside and out! FOR COMP PURPOSES ONLY

Last Agent to Sell the Property

Jimmy Reed

Marx-Bensdorf, REALTORS License #205881 Listed on: 12/27/2021

Last Buyer's Agent

Jimmy Reed

Marx-Bensdorf, REALTORS License #205881 Listed on: 12/27/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,201

Year Built

  • Built in 1955

Lot Details

  • 0.7 Acre Lot
  • Lot Dimensions are 110x278
  • Level Lot

Parking

  • 2 Parking Spaces

Home Design

  • Traditional Architecture

Interior Spaces

  • 5,500-5,999 Sq Ft Home
  • 5,692 Sq Ft Home
  • 1.4-Story Property
  • 2 Fireplaces

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Additional Features

  • Patio
  • Central Air

Community Details

  • Loyd Templetons Cherry Road Subdivision

Listing and Financial Details

  • Assessor Parcel Number 057025 00021

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,201

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 755F
  • MAAR Subdivision Name: BELLE MEADE
  • List Price Per Sq Ft: 259
  • Number Of Stories: 1.4
  • Price Per Sq Ft: 259.14
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 5692
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 5500 - 5999
  • Bedrooms: 5
  • Full Bathrooms: 4
  • Number Of Fireplaces: 2
  • Total Bathrooms: 4

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2

Utilities

  • Cooling: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 2
  • Acreage: 0.7
  • Lot Size: 110X278
  • Price Per Acre: 2107143

Multi Family

  • Number Of Rooms: 12

Tax Info

  • Assessor Parcel Number: 057025 00021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2021
Closed on
Dec 28, 2021
Sold by
Russell David A and Russell Janice R
Bought by
Veluswamy Hemanth R and Patel She
Seller's Agent
Jimmy Reed
Marx-Bensdorf, REALTORS
Buyer's Agent
Jimmy Reed
Marx-Bensdorf, REALTORS
List Price
$1,475,000
Sold Price
$1,475,000
Current Estimated Value
$1,534,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,572
Avg. Annual Appreciation
1.05%
Original Mortgage
$1,180,000
Outstanding Balance
$1,085,654
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$448,918

Purchase Details

Closed on
Jun 16, 2015
Sold by
Shipman David A and Shipman Ashley L
Bought by
Russell David A and Russell Janice R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 30, 2012
Closed on
Feb 1, 2013
Sold by
Ryan Matthew A and Ryan Elizabeth R
Bought by
Shipman David A and Shipman Ashley L
Seller's Agent
Judy McLellan
Crye-Leike, Inc., REALTORS
Buyer's Agent
Trey Hogue
Crye-Leike, Inc., REALTORS
List Price
$749,000
Sold Price
$720,000
Premium/Discount to List
-$29,000
-3.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.13%
Original Mortgage
$576,000
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2009
Sold by
Falls Edward and Falls Jacqueline A
Bought by
Ryan Matthew A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
5.48%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Veluswamy Hemanth R $1,475,000 None Available
Russell David A $950,000 Memphis Title Co
Shipman David A $720,000 Realty Title & Escrow
Ryan Matthew A $620,000 Realty Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Veluswamy Hemanth R $1,180,000
Previous Owner Russell David A $417,000
Previous Owner Shipman David A $576,000
Previous Owner Ryan Matthew A $372,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/27/2021 12/27/21 Sold $1,475,000 0.0% $268 / Sq Ft
12/27/2021 12/27/21 Pending -- -- --
12/27/2021 12/27/21 For Sale $1,475,000 +104.9% $268 / Sq Ft
02/01/2013 02/01/13 Sold $720,000 -3.9% $155 / Sq Ft View Prior Sale
12/07/2012 12/07/12 Pending -- -- --
11/30/2012 11/30/12 For Sale $749,000 -- $161 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

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 $9,201 $382,125 $107,650 $274,475
2024 $9,201 $271,425 $96,400 $175,025
2023 $16,534 $271,425 $96,400 $175,025
2022 $16,534 $271,425 $96,400 $175,025
2021 $16,728 $271,425 $96,400 $175,025
2020 $16,082 $271,050 $96,400 $174,650
2019 $8,663 $271,050 $96,400 $174,650
2018 $8,663 $271,050 $96,400 $174,650
2017 $8,867 $271,050 $96,400 $174,650
2016 $11,585 $265,100 $0 $0
2014 $7,975 $182,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jimmy Reed

    Seller's Agent in 2021

    Jimmy Reed

    Marx-Bensdorf, REALTORS

    (901) 461-1868

    31 in this area

    134 Total Sales

    Jimmy Reed
    Section Image
  • Judy McLellan

    Seller's Agent in 2013

    Judy McLellan

    Crye-Leike, Inc., REALTORS

    (901) 277-5839

    36 in this area

    374 Total Sales

    Judy McLellan
    Section Image

  • M

    Seller Co-Listing Agent in 2013

    Mickey McLellan

    Crye-Leike, Inc., REALTORS

    (901) 277-5840

    29 in this area

    255 Total Sales

    Mickey McLellan
    Section Image
  • Trey Hogue

    Buyer's Agent in 2013

    Trey Hogue

    Crye-Leike

    (901) 652-3644

    6 in this area

    10 Total Sales

    Trey Hogue
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10115050

Memphis Area Association of REALTORS®

APN: 05-7025-0-0021

Tennessee Shelby County Memphis 38117 Audubon Park

70 Cherry Rd, Memphis, TN

This home is located at 70 Cherry Rd, Memphis, TN 38117 since 27 December 2021 and is currently estimated at $1,534,572, approximately $255 per square foot. This property was built in 1955. 70 Cherry Rd is a home located in Shelby County with nearby schools including White Station Elementary School, White Station High, and White Station Middle.

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