Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2019 standards! Target rent = $850 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!
Memphis Area Association of Realtors(R) MLS #10054488
Jul 24, 2019
Sold
$84,250
$84/sq ft
Jun 7, 2019
Listed
$85,000
$85/sq ft
Memphis Area Association of Realtors(R) MLS #10047018
May 24, 2019
Sold
$42,750
$43/sq ft
May 6, 2019
Price Changed
$42,750
$43/sq ft
Feb 28, 2019
Listed
$45,000
$45/sq ft
+12
Great brick and vinyl starter home neighborhood for a buyer that will use conventional re-hab or FHA 203 K to customize this home to fit your family's lifestyle. This spacious home features a living room, three bedrooms, kitchen, 1 bath, single carport and a large family friendly back yard. Price is firm on this Fannie Mae HECM sale. Submit offers on www. homepath.
Public Records
May 21, 1992
Sold
$45,062
$45/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,563 (+22.0%)
$4,125 + $25,525
$29,650
2024
$1,281 (+8.1%)
$4,125 + $25,525
$29,650
2023
$1,185
$2,875 + $16,575
$19,450
2022
$1,185 (−1.2%)
$2,875 + $16,575
$19,450
2021
$1,199 (+27.7%)
$2,875 + $16,575
$19,450
2020
$938
$2,875 + $16,575
$19,450
2019
$938
$2,875 + $10,075
$12,950
2018
$938 (+76.3%)
$2,875 + $10,075
$12,950
2017
$532 (−2.9%)
$2,875 + $10,075
$12,950
2016
$548
$2,875 + $10,075
$12,950
2014
$548
$2,875 + $9,675
$12,550
Tax history for 2966 Cherry Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,563 (+22.0%)
$4,125 + $25,525
$29,650
2024
$1,281 (+8.1%)
$4,125 + $25,525
$29,650
2023
$1,185
$2,875 + $16,575
$19,450
2022
$1,185 (−1.2%)
$2,875 + $16,575
$19,450
2021
$1,199 (+27.7%)
$2,875 + $16,575
$19,450
2020
$938
$2,875 + $16,575
$19,450
2019
$938
$2,875 + $10,075
$12,950
2018
$938 (+76.3%)
$2,875 + $10,075
$12,950
2017
$532 (−2.9%)
$2,875 + $10,075
$12,950
2016
$548
$2,875 + $10,075
$12,950
2014
$548
$2,875 + $9,675
$12,550
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
3
Baths
1
Stories
1
Lot width
60 ft.
Lot depth
136 ft.
Lot size
8,160 Sq. Ft.
Year renovated
1989
Sq. Ft.
1,202
Year built
1959
Style
Single Family Residential
County
Shelby County
APN
073059 00033
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 16, 2026.
R-6
Residential Single Family-6 District
The single-family residential districts are intended to accommodate one single-family detached principal dwelling unit per lot. These districts should be applied in areas where the land-use pattern is predominately single-family residential or where such a land use pattern is desired in the future. Five single-family residential districts are established-R-6 which are differentiated primarily on the basis of minimum lot area and setback requirements. New R-6 districts are generally located in an infill or redevelopment location where similar lot sizes are part of the original fabric of development. Additionally, R-6 districts should have a shared street network with and are generally located at least 500 to 1,000 ft from a CMU-1, CMU-2, CMU-3, or CBD district.
Floors/Ceilings: Wood Laminate Floors, Part Carpet, Tile
Fireplace: Other (See Remarks)
Room Information
Living Room Dimensions:
Dining Room Dimensions:
Den/Great Room Dimensions:
Dining Room Dimensions: 0x0
Living Room Dimensions: 0x0
Living/Dining/Kitchen: Updated/Renovated Kitchen
Den/Great Room Dimensions: 0x0
Other Rooms: Other (See Remarks)
Additional Bedroom/Bathroom Info: All Bedrooms Down
Exterior
Exterior Features
Pool Description: None
Miscellaneous Exterior: Wrought Iron Security Doors
Exterior/Windows: Wood/Composition
Foundation: Slab
Roof: Composition Shingles
Land Information
Acreage: 0.18
Lot Information
Parcel ID: 073059 00033
Lot #: 128
Lot Size: 8160
Lot Description: Some Trees
Area: 772B
Property Information
Detached Single Family
Style: Traditional
Property Construction Status: Existing Property
Approx Heated Sq. Ft. Range: 1000-1199
Year Built: 1959
Financial
Tax Information
Annual City Tax: $427
Annual County Tax: $548
Utilities
Utility Information
Water & Sewer: Public Water, Public Sewer
Heating: Central
Cooling: Central
Location
Multi-Unit Information
Detached Unit Type: General Residential
Location Details
Directions: Get on I-240 W from Walnut Grove Rd 6 min (2.9 mi) Follow I-240 W. Take exit 18 from I-240 W 4 min (4.5 mi) Follow S Perkins Rd and Cottonwood Rd to Cherry Rd
MAAR Subdivision Name: WINCHESTER HEIGHTS BLK C
Public facts
Beds: 3
Baths: 1.0
Sq. Ft.: 1,202
Stories: 1.0
Lot Size: 8,160 square feet
Style: Single Family Residential
Year Built: 1959
Year Renovated: 1989
County: Shelby County
APN: 073059 00033
Home facts updated by county records on Jun 16, 2026
Around this home
Schools
Parkway Village Elementary
Public PreK-5 • Assigned • 0.4mi
5/10
American Way Middle School
Public 6-8 • Assigned • 1.2mi
6/10
Sheffield High School
Public 9-12 • Assigned • 0.4mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 109° expected this year, 20 days in 30 years
4/10 Wind Factor
20% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Memphis, TN • 38118
Average low and high temperatures (°F)
48
30
58
38
72
50
78
58
79
63
89
72
92
77
90
72
88
68
78
57
66
49
55
40
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.5 hours in
June and 4.8 hours in December, placing it above the
U.S. average for solar exposure.
10.5 hrs
4.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$115,000 – $140,000
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Property information provided by Memphis Area Association of Realtors(R) MLS when last listed in 2019. This data may not match public records. Learn more.