$10,000 Closing Credit¹
#10194316, Listing office: REMAX Experts
$849,000 List price
123 E Cherry Dr Memphis, TN 38117
$10,000
Closing credit¹
4 beds
3 full, 1 partial
0.8 acres
House
Property details
About 123 E Cherry Dr
Belle Meade gem with huge potential. Approximate .82 acre lot and 3552sf home with 20x42 gunite pool. Short distance to St. Mary's, CMDS & Laurelwood. Rare opportunity to renovate, expand, or build new in one of East Memphis's most coveted locations. 140' of street frontage and 252' depth on a flat lot with high elevation and mature trees. Home is livable but needs updates, priced below market with that in mind as the value is in the lot. Sold AS IS.
Highlights
Home typeSingle Family Residence
HeatingCentral, Natural Gas
StatusActive
CoolingCentral Air
BasementYes
Lot size0.82 Acres
Year built1955
ParkingDriveway/Pad,Garage Door Opener(s),Side-Load Garage
MLS #10197468
FireplaceMasonry, Vented Gas Fireplace, In Living Room, In Den/Great Room, Gas Logs
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 3
- Appliances: Self Cleaning Oven, Cooktop, Gas Range
- Basement: Yes
- Flooring Type: Hardwood Throughout, Smooth Ceiling
- Interior: Sky Light(s)
- Fireplace: Masonry, Vented Gas Fireplace, In Living Room, In Den/Great Room, Gas Logs
- Total Bedroom Count: 4
- Parking: Driveway/Pad,Garage Door Opener(s),Side-Load Garage
- Exterior: Wrought Iron Security Drs, Patio
- Architectural Style: Ranch
- Heating: Central, Natural Gas
- Cooling: Central Air
- List Price: $849,000
- Annual Tax Amount: $10,541
- Tax Year: 2024
- Lot: Few Trees, Level, Fencing
- Directions: From Tuckahoe rd turn right to Cherry Dr
- Year Built: 1955
- Stories: 1
- Lot Size: 0.82 Acres
- MLS Number: 10197468
- Office Name: homecoin.com
Copyright© 2025 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: 6/4/2025, 2:45:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$849,000
123 E Cherry Dr
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 10, 2017 | Home Sold | $480,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $173,050 | $10,541 |
| 2023 | $173,050 | $10,541 |
| 2022 | $173,050 | $10,665 |
| 2021 | $173,050 | $10,665 |
| 2020 | $153,525 | $11,124 |
| 2019 | $153,525 | $11,124 |
| 2018 | $153,525 | $6,309 |
| 2017 | $153,525 | $5,101 |
History based on county public records data.
Nearby schools
8
White Station Elementary School
Public District PK-5
1.1 mi
•4840 Chickasaw Rd
10
Campus Elementary School
Public District KG-5
1.4 mi
•535 Zach Curlin
4
Aurora Collegiate Academy
Public Charter KG-5
1.6 mi
•4841 Summer Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $185,033. The majority of Memphis, TN residents have income $200k+ annually. Residents typically live in married, no kids family. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
6%
<35k
17%
35k-100k
33%
100k-200k
44%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
27%
Single, No Kids
3%
Single, with Kids
41%
Married, No Kids
29%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
8%
12-17 yrs old
10%
18-34 yrs old
47%
35-64 yrs old
20%
65+ yrs old
What do the neighbors do for fun?
Men's Tennis
Skiing/snowboarding- Tennis
Where do the neighbors shop?
Bloomingdales
Nordstrom
Brooks Brothers
Where do the neighbors go to eat?
Bonefish Grill
California Pizza Kitchen
Qdoba
What do the neighbors drive?
Lexus
BMW
Acura
What do the neighbors listen to?
News
Talk/Personality
Sports
All data provided by Home Junction and Claritas
Similar homes for sale
Frequently asked questions
About 123 E Cherry Dr
The listing price of 123 E Cherry Dr property is $849,000.
The property 123 E Cherry Dr is a house located in Memphis, Tennessee, 38117.
Active Listing: 123 E Cherry Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 123 E Cherry Dr are: White Station Elementary School (GreatSchools Rating 8/10), Campus Elementary School (GreatSchools Rating 10/10), Aurora Collegiate Academy (GreatSchools Rating 4/10), Compass Community School Berclair Campus (GreatSchools Rating 4/10), University Middle School (GreatSchools Rating 6/10), White Station Middle School (GreatSchools Rating 8/10), White Station High School (GreatSchools Rating 8/10), East High School (GreatSchools Rating 8/10), Kingsbury High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $10,541 (source: MLS/based on county public records data).
The last sale was on March 10, 2017 for $480,000 (source: MLS/tax record).
The property at 123 E Cherry Dr has 4 bedrooms and 3 full and 1 half bathrooms.
The year of construction for 123 E Cherry Dr is 1955.
This home is located at 123 E Cherry Dr in Memphis, TN and zip code 38117 in the University District neighborhood. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 25, 2025 and is currently priced at $849,000.
While more than 70 listings in Memphis, TN in May 2025 were sold above asking price, there were more than 110 listings sold at asking price, and more than 263 were sold below. The inventory of homes for sale in Memphis, TN between April and May 2025 increased by 11.3%. Listings spent 10 days on the market in May 2025, and had a median list price of $220,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.