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211 Cherry Circle West

211 Cherry Circle West, Memphis, TN 38117
House in Belle Meade
Sold Oct 16, 2020
$1,640,147
$1,189,147 by First Horizon Bank
Mortgage Due Nov 01, 2030
Sold Aug 19, 2004
$1,750,000
Local assessors in Memphis, TN have categorized 211 Cherry Circle West as a residential type of property. The home was built in 1957 and is 67 years old. It was most recently renovated and altered in 1990. The property's lot size has been calculated to be 50,398 square feet. The linear feet between the front and back of the lot was measured at 4,000 ft and the front of the lot was measured at 1,260 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 12 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 5 full bathrooms. There are also 6 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 211 Cherry Circle West has a total of 5,731 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 567 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - A. The building has a hip style roof that was made of composition shingle. Lots of brick veneer were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 211 Cherry Circle West sold most recently in Oct 15, 2020 for a total of $1,640,147. If you work out the math, that's approximately a cost of $260.42 per sqft. Before that, the property was also sold for $1,750,000 in Aug 17, 2004. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $26,502 in taxes each year. 211 Cherry Circle West was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $425,925. If we break it down further, the land itself was valued at $131,075. Improvements to the property, however, were assessed at a total of $294,850. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Driveway

Driveway

Parking

Attached Garage
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Bathroom Plumbing Fixtures: 19
  • Building Condition: Average
  • Building Quality: A
  • Building Style: Colonial
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 567
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 50,398
  • Lot Size Depth Feet: 4,000
  • Lot Size Frontage Feet: 1,260
  • Total Building Area: 6,298
  • Gross Building Area: 6,298
  • Building Area: 5,731
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 5,731
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MAYME G ALCOTTS CHERRY CIRCLE
  • Land Acres: 1.157
  • Standard Land Use Code: Single family residential
  • Legal Description 1: OF S 326.7 FT OF LOT 13 WILLIAM WHITE SUBDV WS CHERRY CIRCLE WEST

Ownership

  • Current Owner : KERAS JAMES JOSEPH
  • Current Owner 2: KERAS JENNIFER JEAN
  • Previous Owner : CANNON R HOWARD
  • Owner Before Previous Owner: CARLISLE NORTHCUTT PATRICIA
  • Owner Before Previous Owner 2: NORTHCUTT MARK L
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: III

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 008500

Zoning

  • Zoning: R-10

Geography

  • District: O
  • Parcel: 05-7005-0-0006
  • Lot: 2
  • Municipality: MEMPHIS
  • Latitude: 35.1255
  • Longitude: -89.9183

    Address

  • Full Address: 211 Cherry Cir W
  • Address - House Number: 211
  • Street Segment Direction: W
  • Address - Street Name: Cherry
  • Address - Suffix Type: Cir
  • State: TN
  • City Name: Memphis
  • Carrier Code: C032
  • 4-Digit Zip Code: 3001
  • Zip Code: 38117

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $26,502

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 967,421
  • High Value: 1,407,412
  • Low Value: 527,429

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,189,147
  • First Open Lien Mortgage Lender: FIRST HORIZON BANK
  • First Open Lien Mortgage Recording Date: Nov 04, 2020
  • First Open Lien Mortgage Loan Amount: $1,189,147
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2030

    Market Valuation

  • Market Total Value: $1,703,700
  • Market Land Value: $524,300
  • Market Improvement Value: $1,179,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $425,925
  • Assessed Land Value: $131,075
  • Assessed Improvements Value: $294,850

    Sales

  • Current Sale Contract Date: Oct 15, 2020
  • Current Sale Recording Date: Oct 16, 2020
  • Current Sale Transaction ID: 11791779769
  • Current Sale Price: $1,640,147
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20113545
  • Previous Sale Recording Date: Aug 19, 2004
  • Previous Sale Contract Date: Aug 17, 2004
  • Previous Sale Amount: $1,750,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST HORIZON HOME LOANS
  • First Mortgage Transaction Date: Oct 16, 2020
  • First Mortgage Loan Amount: $1,189,147
  • First Mortgage Terms: 120
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Nov 01, 2030

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Frequently Asked Questions

What neighborhood is 211 Cherry Circle West located in?
The 211 Cherry Circle West is a house located in the neighborhood of Belle Meade in Jackson - University Area, Memphis.
What is the average sales price for listings in 211 Cherry Circle West?
The average sales price for units in 211 Cherry Circle West is $0 currently.

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