$1,595,000

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

Amazing home for an amazing price! 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
CoolingCentral Air, Ceiling Fan(s), Multi Unit(s)
BasementYes
Lot size0.93 Acres
Year built1962
ParkingDriveway/Pad,Storage Room(s),Side-Load Garage,Gated Parking,Gate Clickers
MLS #10191023
FireplaceMasonry, In Living Room, In Den/Great Room, In Keeping/Hearth room, In Other Room, Gas Starter

Summary

  • Partial Bathrooms: 2
  • Full Bathrooms: 4
  • Appliances: Range, Oven, Double Oven, Gas Range, Disposal, Dishwasher, Microwave, Ice Maker
  • Basement: Yes
  • Flooring Type: Hardwood Throughout, Tile, Smooth Ceiling, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling
  • Interior: Excl Some Window Treatmnt, Wet Bar, Walk-In Closet(s), Cedar Lined Closet(s), Walk-In Attic, Rear Stairs to Playroom, Security System, Smoke Detector(s), Monitored Alarm, Vent Hood/Exhaust Fan
  • Fireplace: Masonry, In Living Room, In Den/Great Room, In Keeping/Hearth room, In Other Room, Gas Starter
  • Total Bedroom Count: 5
  • Parking: Driveway/Pad,Storage Room(s),Side-Load Garage,Gated Parking,Gate Clickers
  • Exterior: Auto Lawn Sprinkler, Gas Grill, Dog Run, Porch, Screen Porch, Patio, Brick or Stone Fence, Wood Fence
  • Architectural Style: Traditional
  • Heating: Central, Natural Gas, Multi Unit(s), Heat Strip
  • Cooling: Central Air, Ceiling Fan(s), Multi Unit(s)
  • List Price: $1,595,000
  • Annual Tax Amount: $16,317
  • Tax Year: 2024
  • Lot: Few Trees, Level, Landscaped, Fencing
  • Directions: From Poplar Ave and Perkins Ext, head west on Poplar, turn left on Cherry Road. House is down the street on the right.
  • Year Built: 1962
  • Stories: 1
  • Lot Size: 0.93 Acres
  • 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: 6/27/2025, 2:45:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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505 Cherry Rd, Memphis, TN 38117 - ranch-style home featuring brick siding, a chimney, and a front yard

$1,595,000

505 Cherry Rd

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $185,033. Residents of Memphis, TN typically earn $200k+ each year. Most families are married, no kids. The majority of residents in this area have post secondary degree education.

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 TennisMen's Tennis
  • Skiing/snowboardingSkiing/snowboarding
  • TennisTennis

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • NordstromNordstrom
  • Brooks BrothersBrooks Brothers

Where do the neighbors go to eat?

  • Bonefish GrillBonefish Grill
  • California Pizza KitchenCalifornia Pizza Kitchen
  • QdobaQdoba

What do the neighbors drive?

  • LexusLexus
  • BMWBMW
  • AcuraAcura

What do the neighbors listen to?

  • NewsNews
  • Talk/PersonalityTalk/Personality
  • SportsSports
All data provided by Home Junction and Claritas

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Frequently asked questions

About 505 Cherry Rd

The listing price of 505 Cherry Rd property is $1,595,000.

The property 505 Cherry Rd is a house located in Memphis, Tennessee, 38117.

Active Listing: 505 Cherry Rd is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 505 Cherry Rd are: Campus Elementary School (GreatSchools Rating 10/10), Sherwood Elementary School (GreatSchools Rating 3/10), White Station Elementary School (GreatSchools Rating 8/10), University Middle School (GreatSchools Rating 6/10), Colonial Middle School (GreatSchools Rating 4/10), Sherwood Middle School (GreatSchools Rating 2/10), White Station High School (GreatSchools Rating 8/10), East High School (GreatSchools Rating 8/10), Overton High School (GreatSchools Rating 3/10).

According to the records, the last property tax for 2024 is $16,317 (source: MLS/based on county public records data).

The property at 505 Cherry Rd has 5 bedrooms and 4 full and 2 half bathrooms.

The year of construction for 505 Cherry Rd is 1962.

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 $1,595,000.

In May 2025, from all listings sold in Memphis, TN there were more than 70 sold above asking price, over 263 sold below and more than 110 were sold right at the asked price. 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.

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