Large Location Icon

8787 Cherry Spring Dr; Memphis, TN Property Details

8787 Cherry Spring Dr, Memphis, TN is a Single Family that was built in 1987. This property is currently Financed and is not for sale. Our records show that 8787 Cherry Spring Dr has 4 bedrooms, and 3 bathrooms, and a total of 3,660 square feet. The lot size of 8787 Cherry Spring Dr is 17,829 square feet.

For Rent
8787 Cherry Spring Dr Memphis, TN 38016
$2,295 Listing Price
4 Beds
3 Baths
3,660 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1987
  • Purchase Price: $350,000
  • Est. Equity / %: $358,000 / 100%
  • Gross Yield: 9.577%
  • APN: 09-6516-D0-0008
  • Situs County: Shelby
  • Length Of Ownership: 1 year, 8 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Total Rooms: 10

Structure

  • Stories: 1.5
  • Exterior Wall Type: Brick veneer
  • Building Condition: Average
  • Building Quality: D
  • Roof Type: Hip
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 3,660/SqFt
  • Lot: 17,829/SqFt
  • Gross: 4,710/SqFt
  • Garage: 462/SqFt
  • Living: 3,660/SqFt
  • Building: 4,710/SqFt
  • Ground: 2,336/SqFt
  • Price Per Square Foot: $95.63

Legal Description

  • Description: SS CHERRY SPRING DR SS CHERRY SPRING DR
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: 35.1899 / -89.76959
  • Subdivision: Carrollwood Lakes Sec F-1
  • Property Class: Residential
  • Zoning: R-10
  • County Use Code: 062

Amenities

  • Plus Four: 8434
  • Bathroom Fixtures: 11
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

HOA

  • H O A One: $395
  • H O A Amount: $395
  • H O A One Frequency: Annual
  • H O A One Name: Carrollwood Lakes
  • H O A One Type: Home Owner Association

Ownership Info

8787 Cherry Spring Dr has no associated ownership info
8787 Cherry Spring Dr has no associated ownership info.

Taxes

8787 Cherry Spring Dr has 10 associated Taxes items

8787 Cherry Spring 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 $87,875. The APN we've located for 8787 Cherry Spring Dr is 09-6516-D0-0008.

Unlock the full report
Taxes
  • Assessed Value:  $87,875
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  09-6516-D0-0008
  • Assessed Land Value:  17500
  • Market Land Value:  70000
  • Tax Amount:  2363.84
  • Tax Year:  2025
  • Market Value:  351500
  • Market Year:  2025

Tax History

8787 Cherry Spring Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $87,875 Land Value $17,500 Improvement Value $70,375 Tax Amount $2,363.84 Change Rate Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $67,050 Land Value $10,075 Improvement Value $56,975 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $67,050 Land Value $10,075 Improvement Value $56,975 Tax Amount $4,084.45 Change Rate Assessed CR Tax Rate +0.060916%
Year 2022 Assessed Value $67,050 Land Value $10,075 Improvement Value $56,975 Tax Amount $4,084.45 Change Rate +1.245301% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $67,050 Land Value $10,075 Improvement Value $56,975 Tax Amount $1,819.11 Change Rate +0.280504% Assessed CR Tax Rate +0.027131%
Year 2020 Assessed Value $44,450 Land Value $10,075 Improvement Value $34,375 Tax Amount $1,420.62 Change Rate +0.000007% Assessed CR Tax Rate +0.03196%
Year 2019 Assessed Value $44,450 Land Value $10,075 Improvement Value $34,375 Tax Amount $1,420.61 Change Rate -0.000007% Assessed CR Tax Rate +0.03196%
Year 2018 Assessed Value $44,450 Land Value $10,075 Improvement Value $34,375 Tax Amount $1,420.62 Change Rate -0.023072% Assessed CR Tax Rate +0.03196%
Year 2017 Assessed Value $44,450 Land Value $10,075 Improvement Value $34,375 Tax Amount $1,454.17 Change Rate +0.045075% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $40,925 Land Value Improvement Value Tax Amount $1,391.45 Change Rate -0.221967% Assessed CR Tax Rate +0.034%
Year 2014 Assessed Value $40,925 Land Value Improvement Value Tax Amount $1,788.42 Change Rate +0.111655% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $1,608.79 Change Rate Assessed CR Tax Rate