Charming Brick Home in High Point Terrace! This beautifully updated residence features a freshly painted interior, modern kitchen with stove, dishwasher, microwave, and refrigerator (all appliances remain, including washer and dryer!). Enjoy stylish light fixtures, an updated bathroom vanity, and energy-efficient windows throughout. The home boasts a tankless water heater and refinished hardwood flooring. Step outside to a spacious backyard with a storage building and covered carport. Located in the heart of Memphis, close to shopping, dining, and parks. Don’t miss your chance to make this adorable property your own!
Memphis Area Association of Realtors(R) MLS #10185520
Jan 2, 2025
Sold
$230,000
Nov 15, 2024
Listed
$235,000
Memphis Area Association of Realtors(R) MLS #10118820
Apr 14, 2022
Sold
$220,000
Mar 4, 2022
Listed
$230,000
+16
Welcome Home! Adorable brick home in highly desirable High Point Terrace neighborhood. Freshly painted interior and exterior. New kitchen, stove, dishwasher and microwave. New light fixtures, and bathroom vanity. New Energy saving windows. Tankless water heater. Gorgeous refinished hardwood flooring throughout the property. Huge backyard with big storage building and cover area in front of it. Located in the heart of Memphis, convenient to everything you need. Great low price $230,000!
Memphis Area Association of Realtors(R) MLS #1406748
May 29, 2001
Sold
$87,500
Mar 31, 2001
Listed
$87,500
GREAT NBRHOOD. HUGE BACKYD W/ LARGE WORKSHOP THAT INCLUDES COVERED PARKING SPACE. HOUSE HAS BEEN UPDATED AND CARED FOR. 2BR AND 1 BA, PERM ATTIC STAIRS, HDWD FLOORS, STORM WINDOWS, FRONT PORCH, FENCED BACKYARD, BRICK EXTERIOR.
Public Records
Oct 18, 1994
Sold
$57,128
Public Records
Mar 29, 1991
Sold
$54,400
Public Records
Sep 2, 1987
Sold
$55,000
Year
Property tax
Land + Additions
Assessment*
2025
$2,913 (+10.9%)
$12,075 + $43,200
$55,275
2024
$2,626 (+8.1%)
$12,075 + $43,200
$55,275
2023
$2,429
$8,050 + $31,825
$39,875
2022
$2,429 (−1.2%)
$8,050 + $31,825
$39,875
2021
$2,458 (+49.1%)
$8,050 + $31,825
$39,875
2020
$1,648
$8,050 + $31,825
$39,875
2019
$1,648
$8,050 + $14,700
$22,750
2018
$1,648 (+76.3%)
$8,050 + $14,700
$22,750
2017
$935 (−1.3%)
$8,050 + $14,700
$22,750
2016
$947
$8,050 + $14,700
$22,750
2014
$947
$8,050 + $13,625
$21,675
Tax history for 506 Gerald Rd
Year
Property tax
Land + Additions
Assessment*
2025
$2,913 (+10.9%)
$12,075 + $43,200
$55,275
2024
$2,626 (+8.1%)
$12,075 + $43,200
$55,275
2023
$2,429
$8,050 + $31,825
$39,875
2022
$2,429 (−1.2%)
$8,050 + $31,825
$39,875
2021
$2,458 (+49.1%)
$8,050 + $31,825
$39,875
2020
$1,648
$8,050 + $31,825
$39,875
2019
$1,648
$8,050 + $14,700
$22,750
2018
$1,648 (+76.3%)
$8,050 + $14,700
$22,750
2017
$935 (−1.3%)
$8,050 + $14,700
$22,750
2016
$947
$8,050 + $14,700
$22,750
2014
$947
$8,050 + $13,625
$21,675
*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
Permits
Beds
2
Baths
1
Stories
1
Lot width
58 ft.
Lot depth
198 ft.
Lot size
0.26 Acres
Year renovated
1986
Sq. Ft.
941
Year built
1950
Style
Single Family Residential
County
Shelby County
APN
055027 00016
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 13, 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.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Senior
Infrastructure
Educational / school
Fire house
Police station
Recreation
Park & open space
Feb 3, 2023 • Final
Residential electrical
Replace a damaged electrical meter base, mast, wiring, and weather head.
Electrical
Electric meter
Oct 7, 2020 • Final
Residential electrical
Replace air conditioning wires and disconnect. Replace dryer wires.
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Living/Dining/Kitchen: Separate Dining Room, Separate Living Room, Washer/Dryer Connection In Kitchen
Den/Great Room Dimensions: 0
Additional Bedroom/Bathroom Info: All Bedrooms Down, Full Bathroom Down, Master Bedroom Down
Exterior
Exterior Features
Pool Description: None
Miscellaneous Exterior: Porch, Wood Fence
Exterior/Windows: Brick Veneer
Land Information
Acreage: 0.26
Lot Information
Parcel ID: 055027 00016
Lot #: 63
Lot Size: 58X198
Lot Description: Level, Some Trees, Wood Fenced
Area: 755A
Property Information
Detached Single Family
Style: Traditional
Property Construction Status: Existing Property
Year Built: 1950
Financial
Tax Information
Annual City Tax: $1,077
Annual County Tax: $1,352
Financing
Buyer Contributions: 0
Utilities
Utility Information
Heating: Central
Cooling: Central
Location
Multi-Unit Information
Detached Unit Type: General Residential
Location Details
Directions: Head west on Summer Ave Turn left onto Vaughn Rd Turn right at the 2nd cross street onto Philwood Ave Turn right at the 1st cross street onto Gerald Rd Destination will be on the right
MAAR Subdivision Name: HIGH POINT TERRACE
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 941
Stories: 1.0
Lot Size: 0.26 acres
Style: Single Family Residential
Year Built: 1950
Year Renovated: 1986
County: Shelby County
APN: 055027 00016
Home facts updated by county records on Jul 13, 2026
Around this home
Schools
Grahamwood Elementary School
Public PreK-5 • Assigned • 0.5mi
7/10
White Station Middle School
Public 6-8 • Assigned • 2.5mi
8/10
White Station High School
Public 9-12 • Assigned • 2.1mi
8/10
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, 21 days in 30 years
4/10 Wind Factor
17% 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 • 38122
Average low and high temperatures (°F)
47
30
57
38
71
50
78
58
79
63
89
72
93
77
90
71
85
68
77
57
65
49
54
39
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
$205,000 – $248,000
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Property information provided by Memphis Area Association of Realtors(R) MLS when last listed in 2024. This data may not match public records. Learn more.