See Home Value
$680,730*
House - Off Market

199 CHEROKEE

Memphis, TN 38111
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
$405,000 - $495,000
Reference Base Price*
51.27%
Since Sep 1, 2018
National-US
Primary Model
Sold Jun 14, 2022
$1,150,000
$920,000 by Financial Federal Bank
Mortgage Due Jul 01, 2052
Sold Jul 31, 2018
$439,000
$545,760 by Financial Federal Bank
Mortgage

About This Property

A truly exceptional Home in Chickasaw Gardens Complete with 4 Bedrooms, 1 Up,  3 Full Bathrooms  & Additional Separate In Law or Teenage Suite with ½ Bath Above Garage, Beautiful Hardwood Floors - Separate Living Room, Formal Dining Rm, Eat in Kitchen with Gas Cooktop, Wonderful Sunroom/Great Room with View of Lush Garden with 35X28 Deck, Enjoy the Privacy the home affords with Gated Driveway Area – Portico & Garage/Workshop. Well Maintained To Start Your Field of Dreams...In A Tree Filled Garden
Unit Size
-
Days on Market
-
Land Size
0.39 acres
Price per sqft
-
Property Type
House
Property Taxes
$714
HOA Dues
-
Year Built
1940

Price History

Date / Event Date Event Price
Jun 14, 2022 Sold to Philip D Reed, Sarah A Reed $1,150,000
Sold to Philip D Reed, Sarah A Reed
Aug 13, 2018 No longer available -
No longer available
Jul 31, 2018 Sold to Katherine Carr Durbin, Robe... $439,000
Sold to Katherine Carr Durbin, Robe...
Jul 15, 2018 Price Decreased $450,000
↓ $30K (6.3%)
Price Decreased
Jun 26, 2018 Price Increased $480,000
↑ $30K (6.7%)
Price Increased
Show More

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 18
  • Building Condition: Average
  • Building Quality: B
  • Building Style: Cottage
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 572
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 17,200
  • Lot Size Depth Feet: 1,570
  • Lot Size Frontage Feet: 1,160
  • Total Building Area: 5,753
  • Gross Building Area: 5,753
  • Building Area: 5,181
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 5,181
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHICKASAW GARDENS
  • Land Acres: 0.395
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 256 WS CHEROKEE DR TO FENWICK RD

Ownership

  • Current Owner : REED PHILIP D
  • Current Owner 2: REED SARAH A
  • Previous Owner : HUNTER DURBIN ROBERT
  • Previous Owner 2: CARR KATHERINE
  • Owner Before Previous Owner: MARKELL SALLY B
  • Owner Before Previous Owner 2: MARKELL HERMAN P
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 007100

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MB 285-047
  • District: O
  • Parcel: 04-5050-0-0013
  • Lot: 255
  • Municipality: MEMPHIS
  • Latitude: 35.1265
  • Longitude: -89.9667

    Address

  • Full Address: 199 Cherokee Dr
  • Address - House Number: 199
  • Address - Street Name: Cherokee
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Memphis
  • Carrier Code: C060
  • 4-Digit Zip Code: 2600
  • Zip Code: 38111

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,016
  • Intital Tax Deliquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2325
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 67
  • Final Value: 953,867
  • High Value: 1,175,729
  • Low Value: 732,005

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $920,000
  • First Open Lien Mortgage Lender: FINANCIAL FEDERAL BANK
  • First Open Lien Mortgage Recording Date: Jun 14, 2022
  • First Open Lien Mortgage Loan Amount: $920,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2052

    Market Valuation

  • Market Total Value: $789,000
  • Market Land Value: $234,700
  • Market Improvement Value: $554,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $197,250
  • Assessed Land Value: $58,675
  • Assessed Improvements Value: $138,575

    Sales

  • Current Sale Contract Date: Jun 13, 2022
  • Current Sale Recording Date: Jun 14, 2022
  • Current Sale Transaction ID: 11890874530
  • Current Sale Price: $1,150,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 66720
  • Previous Sale Recording Date: Jul 31, 2018
  • Previous Sale Contract Date: Jul 30, 2018
  • Previous Sale Amount: $439,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FINANCIAL FEDERAL BANK
  • First Mortgage Transaction Date: Jun 14, 2022
  • First Mortgage Loan Amount: $920,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: FINANCIAL FEDERAL BANK
  • Previous Mortgage Transaction Date: Jul 31, 2018
  • Previous Mortgage Loan Amount: $545,760
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Building or Construction Loan



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Depot Planning District


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Frequently Asked Questions

When was property at 199 Cherokee Drive built and last sold?
The property at 199 Cherokee Drive was built in 1940 and last sold on Jun 13, 2022 for $1,150,000.
How much is this home worth?
The estimated value of the home located at 199 Cherokee Drive is $454,500.
What are some comparable homes to 199 Cherokee Drive?
There are currently no comparable homes to 199 Cherokee Drive.

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