Video tour
$10,000 Closing Credit¹
#10189281, Listing Office: Ware Jones, REALTORS
$1,850,000 List price
505 Cherry Rd Memphis, TN 38117
$10,000
Closing credit¹
5 beds
4 full, 2 partial
0.9 acres
House
Property details
About 505 Cherry Rd
This home is a RARE OPPORTUNITY! Nestled on a quiet yet convenient street in East Memphis, this 5BR/4.2BA house has been carefully curated to blend cozy warmth with spacious luxury. Beautifully designed by Charles Shipp, the layout offers living spaces perfect for serene nights after long workdays as well as lively evenings spent entertaining friends and family. Renovated multiple times, every detail and convenience has been thoughtfully rendered. This is the type of home one never outgrows. From the variety of living spaces (living room, den, hearth room, upstairs playroom, and basement game room) to the chef's kitchen with large butcher block island, Wolf range/ovens, and extensive custom cabinets to the primary suite with vaulted ceiling, custom closets, and bay window that looks out over the gorgeous, landscaped backyard, you'll love every square foot of this home!
Highlights
Home typeSingle Family Residence
HeatingCentral, Natural Gas, Multi Unit(s), Heat Strip
StatusActive
CoolingMulti Unit(s), Ceiling Fan(s), Central Air
BasementYes
Lot size0.93 Acres
Year built1962
ParkingDriveway/Pad,Storage Room(s),Side-Load Garage,Gated Parking,Gate Clickers, Garage
MLS #10191023
FireplaceMasonry, In Living Room, In Den/Great Room, In Keeping/Hearth room, In Other Room, Gas Starter
Summary
- MLS Number: 10191023
- Office Name: The Firm
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: 3/6/2025, 10:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,850,000
505 Cherry Rd
$10,000
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $267,875 | $16,317 |
| 2023 | $267,875 | $16,317 |
| 2022 | $267,875 | $16,509 |
| 2021 | $267,875 | $16,509 |
| 2020 | $224,325 | $16,254 |
| 2019 | $224,325 | $16,254 |
| 2018 | $224,325 | $9,219 |
| 2017 | $224,325 | $10,387 |
History based on county public records data.
Nearby schools
10
Campus Elementary School
Public District KG-5
0.9 mi
•535 Zach Curlin
3
Sherwood Elementary School
Public Magnet PK-5
1.7 mi
•1156 Robin Hood Ln
8
White Station Elementary School
Public District PK-5
1.8 mi
•4840 Chickasaw Rd
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. The majority of families are married, no kids. 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
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Frequently asked questions
About 505 Cherry Rd
This home is located at 505 Cherry Rd in Memphis, TN and zip code 38117 in the Village Association neighborhood. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since March 1, 2025 and is currently priced at $1,850,000.
In February 2025, from all listings sold in Memphis, TN there were more than 57 sold above asking price, over 205 sold below and more than 73 were sold right at the asked price. The inventory of homes for sale in Memphis, TN between January and February 2025 increased by 13.5%. The median list price of listings available in February 2025 was $185,000, while the average time on the real estate market was 67 days.
From Rocket Homes Real Estate and based on county public records data.