2 months on rocket

1290 Cherry Rd, Memphis, TN, 38117

$295,000

Home List Price

$3,503*

Closing Credit

3 Bedrooms
2 Full Baths
House

Location

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1290 Cherry Rd, Memphis$295,000

Buyer Closing Credits

$3,503*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad, Garage Door Opener(s), Side-Load Garage, Garage
Year Built1955
HeatingCentral, Natural Gas
CoolingCentral Air, Window Unit(s), Ceiling Fan(s)
BasementYes
FireplaceMasonry, In Living Room
MLS #10180952
Lot Size0.26 Acres
StatusActive

About 1290 Cherry Rd

**100% financing available and seller is willing to pay closing costs with an acceptable offer.** Gorgeous mid-century gem on a beautifully-landscaped corner lot in East Memphis! Features include: renovated kitchen with gas stove, breakfast bar, and wine/coffee bar; updated bathrooms; new windows and patio doors, and much more. Outside is a gardener's dream! The daffodils are a show-stopper every spring and throughout the summer the garden provides an abundance of berries, peaches, and herbs. It's a must-see!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional, Ranch
  • Year Built: 1955
  • Stories: 1

Listing Office:

  • Office Name: Groome & Co.

Interior Features

Interior Information:

  • Appliances: Range, Oven, Gas Range, Disposal, Dishwasher
  • Basement: Yes
  • Flooring Type: Part Hardwood, Tile, Smooth Ceiling, Sprayed Ceiling
  • Interior: Excl Some Window Treatmnt, Walk-In Attic, Vent Hood/Exhaust Fan
  • Fireplace: Masonry, In Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Wrought Iron Security Drs, Porch, Patio, Well Landscaped Grounds, Wood Fence, Chain Fence

Parking Information:

  • Parking: Driveway/Pad, Garage Door Opener(s), Side-Load Garage, Garage

Lot Features

Lot Information:

  • Lot: Few Trees, Level, Corner Lot, Landscaped, Fencing
  • Lot Size: 0.26 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas
  • Cooling: Central Air, Window Unit(s), Ceiling Fan(s)

Other

Directions Information:

  • Directions: From Quince, go North on Cherry Rd

Price Information

Listing Price Info

Price Summary:

  • List Price: $295,000

Tax Information:

  • Annual Amount: $4,302
  • Tax Year: 2021
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Housing Market Comparison

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

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Memphis, TN

City

Med. Sold Price

$190.4K

# of Sold Homes

409

1290 Cherry Rd vs Memphis

73 DAYS ON ROCKET

$295,000

+$104.5K More

KEY TAKEAWAY

This property is $104.5K more than the Median Sold Price in Memphis, TN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #10180952

Listing Office:

  • Office Name: Groome & Co.

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: 11/23/2024, 3:20:49 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

Nov 03, 2017Home Sold
$214,900
Jan 14, 2016Home Sold
$155,000
Aug 10, 2004Home Sold
$154,000
Sep 11, 2000Home Sold
$127,500

Tax History

YEARPROP. TAXASSESSMENT
2021$4,302$59,425
2020$3,650$50,375
2019$3,650$50,375
2018$1,693$50,375
2017$1,899$41,200

History based on county public records data.

Payment Calculator

$1,540

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$951

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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.

Nearby Schools

school-card-donut-897880
4
/10

  • Willow Oaks Elementary School

  • 4417 Willow Rd

  • 0.78 miles

  • Public Magnet Grades PK-5

school-card-donut-897881
4
/10

  • South Park Elementary School

  • 1736 Getwell Rd

  • 1.22 miles

  • Public District Grades PK-5

school-card-donut-897882
3
/10

  • Sherwood Elementary School

  • 1156 Robin Hood Ln

  • 1.35 miles

  • Public Magnet Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,739. The most common annual income of people living in Memphis, TN is between $35k-100k. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1290 Cherry Rd

What is the listing price of this property?

The listing price of 1290 Cherry Rd property is $295,000.

What type of property is this?

The property 1290 Cherry Rd is a house located in Memphis, Tennessee, 38117.

Is this property for sale now?

Active Listing: 1290 Cherry Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,302 (source: MLS/based on county public records data).

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

The last sale was on November 3, 2017 for $214,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1290 Cherry Rd has 3 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 1290 Cherry Rd is 1955.

Rocket Homes›Tennessee›Shelby County›Memphis›38117›1290 Cherry Rd

This home is located at 1290 Cherry Rd in Memphis, TN and zip code 38117 in the Colonial Acres neighborhood. This home, which was built in 1955, sits on a 0.26 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 10, 2024 and is currently priced at $295,000.

Memphis, TN housing market in October 2024 saw over 53 listings sold above listed price, more than 103 sold at listed price and over 252 sold below. The inventory of homes for sale in Memphis, TN between September 2024 and October 2024 increased by 22.4%.

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

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