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123 E Cherry Dr; Memphis, TN Property Details

123 E Cherry Dr, Memphis, TN is a Single Family that was built in 1955. This property is currently Financed and is not for sale. Our records show that 123 E Cherry Dr has 3 bedrooms, and 3.5 bathrooms, and a total of 3,552 square feet. The lot size of 123 E Cherry Dr is 36,149 square feet.

Off market
123 E Cherry Dr Memphis, TN 38117
$622,500 Listing Price
3 Beds
3.5 Baths
3,552 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1955
  • Purchase Price: $622,500
  • Open Loans / Balance: 1 / $490,066
  • Est. Equity / %: $277,934 / 36.19%
  • Gross Yield: 8.394%
  • APN: 05-7025-0-0008
  • Situs County: Shelby
  • Length Of Ownership: 7 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Total Rooms: 10
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Combination
  • Building Condition: Average
  • Building Quality: A
  • Roof Type: Gable
  • Pool Type: Yes
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 3,552/SqFt
  • Lot: 36,149/SqFt
  • Gross: 3,552/SqFt
  • Garage: 594/SqFt
  • Living: 3,552/SqFt
  • Building: 3,552/SqFt
  • Ground: 3,552/SqFt
  • Price Per Square Foot: $175.25

Legal Description

  • Description: OF N PT 1 OF 18 WM WHITE SUBDV WS CHERRY DRIVE
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Shelby County School District
  • Lat / Lon: 35.128838 / -89.914154
  • Subdivision: Wells-James
  • Property Class: Residential
  • Zoning: R-10
  • County Use Code: 062

Amenities

  • Heating Fuel Type: Gas
  • Pool: true
  • Plus Four: 3110
  • Bathroom Fixtures: 13
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Carport
  • Heating: Central
  • Parking: 2

HOA

  • H O A One Name: Wells-James Association
  • H O A One Type: Home Owner Association

Ownership Info

123 E Cherry Dr has no associated ownership info
123 E Cherry Dr has no associated ownership info.

Taxes

123 E Cherry Dr has 10 associated Taxes items

123 E Cherry Dr, Memphis, TN pays taxes in Shelby County, TN. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $201,975. The APN we've located for 123 E Cherry Dr is 05-7025-0-0008.

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Taxes
  • Assessed Value:  $201,975
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  05-7025-0-0008
  • Assessed Land Value:  123950
  • Market Land Value:  495800
  • Tax Amount:  5433.13
  • Tax Year:  2025
  • Market Value:  807900
  • Market Year:  2025

Tax History

123 E Cherry Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $201,975 Land Value $123,950 Improvement Value $78,025 Tax Amount $5,433.13 Change Rate -0.073856% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $5,866.4 Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $173,050 Land Value $106,125 Improvement Value $66,925 Tax Amount $5,866.4 Change Rate -0.443499% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $173,050 Land Value $106,125 Improvement Value $66,925 Tax Amount $10,541.58 Change Rate -0.011587% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $173,050 Land Value $106,125 Improvement Value $66,925 Tax Amount $10,665.16 Change Rate -0.041282% Assessed CR Tax Rate +0.061631%
Year 2020 Assessed Value $153,525 Land Value $106,125 Improvement Value $47,400 Tax Amount $11,124.4 Change Rate +1.267209% Assessed CR Tax Rate +0.07246%
Year 2019 Assessed Value $153,525 Land Value $106,125 Improvement Value $47,400 Tax Amount $4,906.65 Change Rate +0.000002% Assessed CR Tax Rate +0.03196%
Year 2018 Assessed Value $153,525 Land Value $106,125 Improvement Value $47,400 Tax Amount $4,906.64 Change Rate -0.023076% Assessed CR Tax Rate +0.03196%
Year 2017 Assessed Value $153,525 Land Value $106,125 Improvement Value $47,400 Tax Amount $5,022.54 Change Rate +0.265286% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $116,750 Land Value Improvement Value Tax Amount $3,969.49 Change Rate -0.221971% Assessed CR Tax Rate +0.034%
Year 2014 Assessed Value $116,750 Land Value Improvement Value Tax Amount $5,101.98 Change Rate +0.185121% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $4,305.03 Change Rate Assessed CR Tax Rate