6 months on rocket

1640 Cherry Rd, Memphis, TN, 38117

$155,000

Home List Price

$1,841*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
House
Schools Nearby

Location

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1640 Cherry Rd, Memphis$155,000

Buyer Closing Credits

$1,841*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad, Front-Load Garage
Year Built1955
HeatingCentral
CoolingCentral Air
MLS #10158837
Lot Size0.22 Acres
StatusActive

About 1640 Cherry Rd

Welcome to this inviting 3- bedroom, 1.5-bathroom East Memphis gem! This delightful home offers a cozy blend of comfort and versatility. Call today to schedule a showing and discover Cherry Road in East Memphis.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1955
  • Stories: 1

Listing Office:

  • Office Name: Adaro Realty, Inc.

Interior Features

Interior Information:

  • Appliances: Range, Oven
  • Flooring Type: Wood Laminate Floors

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Porch, Storage, Workshop

Parking Information:

  • Parking: Driveway/Pad, Front-Load Garage

Lot Features

Lot Information:

  • Lot: Few Trees
  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Memphis Virtual School, Public District Grades 6-12

Other

Directions Information:

  • Directions: Heading West on Park Ave turn left on Cherry Road . House will be on right

Price Information

Listing Price Info

Price Summary:

  • List Price: $155,000

Tax Information:

  • Annual Amount: $2,534
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Memphis, TN.

Med. Sold Price

$200.1K

Med. Price/SqFt

$127

# of Sold Homes

389

1640 Cherry Rd vs Memphis

197 DAYS ON ROCKET

$155,000

-$45.1K Less

KEY TAKEAWAY

This property is $45.1K less than the Median Sold Price in Memphis, TN.

Based on homes sold in March 2024

MLS Details

MLS Information:

  • MLS Number: #10158837

Listing Office:

  • Office Name: Adaro Realty, Inc.

Copyright© 2024 Memphis Area Association of REALTORS. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 5:25:16 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 10, 2021Home Sold
$124,000
Aug 03, 2018Home Sold
$70,000
Apr 14, 2000Home Sold
$77,643

Tax History

YEARPROP. TAXASSESSMENT
2021$2,534$35,000
2020$1,115$15,400
2019$1,115$15,400
2018$633$15,400
2017$739$15,400

History based on county public records data.

Payment Calculator

$841

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$531

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

High School

school-card-donut-2442107
1
/10
  • Memphis Virtual School

  • 3772 Jackson Ave

  • 6.62 miles

  • Public District Grades 6-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,621. The majority of Memphis, TN residents have income between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1640 Cherry Rd

What is the listing price of this property?

The listing price of 1640 Cherry Rd property is $155,000.

What type of property is this?

The property 1640 Cherry Rd is a house located in Memphis, Tennessee, 38117.

Is this property for sale now?

Active Listing: 1640 Cherry Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1640 Cherry Rd are:
Memphis Virtual School: GreatSchools Rating 1/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,534 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 10, 2021 for $124,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1640 Cherry Rd has 3 bedrooms and 1 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 1640 Cherry Rd is 1955.

Rocket Homes›Tennessee›Shelby County›Memphis›38117›1640 Cherry Rd

This home is located at 1640 Cherry Rd in Memphis, TN and zip code 38117 in the Colonial Acres neighborhood. This home, which was built in 1955, sits on a 0.22 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 14, 2023 and is currently priced at $155,000.

Over 82 listings were sold over their listed price in March 2024 in Memphis, TN. In the same period over 199 listings were sold below the listed price and 107 listings were sold for the listed price. Between February 2024 and March 2024, Memphis, TN real estate market has seen increase in the number of listings by 16%.

From Rocket Homes Real Estate and based on county public records data.

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