3063 Cherry Rd, Memphis, TN 38118
Property image
Property image
OFF MARKET

$88,300

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 978 sqft (on 0.25 acres)

3063 Cherry Rd, Memphis, TN 38118

Parkway Village-Oakhaven
Est. Refi. Payment $604/mo*
Refinance Your Home
Currently Off Market - Sold Apr 6, 2015 for $20,948

Home Value

Trulia Estimate
$88.3K
Since last month
Decreased$2K (-1.8%)
Since last year
Increased$3K (+3.3%)
Since last sale
Increased$67K (+321.5%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +87% in the last 10 years
MonthEstimated value
2026
August 2026$88K
August 2026$88K
July 2026$90K
June 2026$90K
May 2026$94K
April 2026$92K
March 2026$85K
February 2026$82K
January 2026$82K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
2964 Randy Ln, Memphis, TN
0.19
Single-Family Home
$25,000
11/17/25
3
1
1,200
4405 Aloha Ave, Memphis, TN
0.09
Single-Family Home
$131,000
03/30/26
3
1
1,092
3079 Capri Rd, Memphis, TN
0.16
Single-Family Home
$57,051
02/13/26
3
1
1,136
3006 Phyllis Ln, Memphis, TN
0.15
Single-Family Home
$60,000
03/10/26
3
1
1,342
4231 Kenosha Rd, Memphis, TN
0.33
Single-Family Home
$42,916
06/18/26
3
1
1,224
4357 Knight Arnold Rd, Memphis, TN
0.16
Single-Family Home
$70,667
10/24/25
3
1
1,160
3114 Cherry Rd, Memphis, TN
0.10
Single-Family Home
$129,900
06/30/26
4
1
1,088
3035 Phyllis Ln, Memphis, TN
0.15
Single-Family Home
$93,000
01/20/26
3
1
1,429
2969 Danville Rd, Memphis, TN
0.22
Single-Family Home
$97,500
03/06/26
3
1
1,157
2959 Randy Ln, Memphis, TN
0.21
Single-Family Home
$157,500
05/08/26
3
1
1,206

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
3083 Cherry Rd, Memphis, TN 38118
0.04
$130,000
3
1
1,402
For Sale
4343 Aloha Ave, Memphis, TN 38118
0.03
$87,700
2
1
890
Off Market
3076 Randy Ln, Memphis, TN 38118
0.04
$130,900
3
1
1,132
Off Market
4405 Aloha Ave, Memphis, TN 38118
0.09
$131,000
3
1
1,092
Recently Sold
3065 Randy Ln, Memphis, TN 38118
0.07
$120,100
3
1
1,224
Off Market
3114 Cherry Rd, Memphis, TN 38118
0.10
$129,900
4
1
1,088
Recently Sold
3019 Cherry Rd, Memphis, TN 38118
0.09
$100,400
3
1
915
Off Market
3128 Cherry Rd, Memphis, TN 38118
0.13
$124,800
3
1.5
1,429
Off Market
4299 Knight Arnold Rd, Memphis, TN 38118
0.13
$179,550
4
1
1,160
For Sale
3123 Danville Rd, Memphis, TN 38118
0.15
$150,000
4
1.5
1,445
For Sale
3001 Cherry Rd, Memphis, TN 38118
0.12
$136,300
4
1.5
1,789
Off Market
3136 Sheffield Cv, Memphis, TN 38118
0.14
$126,800
3
1
933
Off Market

Local Information

  • Map ViewExplore the area around 3063 Cherry Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1959
0.25 acre lot
978 sqft
$90/sqft

About this House

This single-family home is located at 3063 Cherry Rd, Memphis, TN. 3063 Cherry Rd is in the Parkway Village-Oakhaven neighborhood in Memphis, TN and in ZIP code 38118. This property has 2 bedrooms, 1 bathroom and approximately 978 sqft of floor space. This property has a lot size of 10890 sqft and was built in 1959.
3063 Cherry Rd, Memphis, TN 38118 is a 2 bedroom, 1 bathroom, 978 sqft single-family home in Parkway Village-Oakhaven, built in 1959. It last sold for $20,948 on Apr 6, 2015. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $88,300, with a rent estimate of $1,021/month.

Home Details for 3063 Cherry Rd

Interior Features

Levels, Entrance, & Accessibility
Stories: 1
Interior Details
Number of Rooms: 5
Heating & Cooling
Air Conditioning
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: OtherDeckExterior: OtherPatio
Parking & Garage
Parking Space: 1Parking: Carport

Property Information

Year Built
Year Built: 1959
Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Community

Units in Building: 1

Lot Information

Lot Area: 10890 sqft

Price and Tax history

DateEventPrice
Apr 6, 2015
Source: MAAR #9942137
Sold
$20,948
Feb 21, 2015
Source: Agent Provided
PriceChange
$24,680
Price decreased by 8%
Jan 24, 2015
Source: Agent Provided
Listed For Sale
$26,780
Jan 12, 2015
Source: N/A
Sold
$30,000
Dec 25, 2014
Source: Agent Provided
PriceChange
$29,680
Price decreased by 7%

Market trends in Parkway Village-Oakhaven

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$130K
$904MoM
Sale-to-List Price
—
Price per sq ft
$93
$2MoM
Available listings
120
1MoM

Around this home

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Parkway Village-Oakhaven
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Parkway Village-Oakhaven

At least 205 Trulia users voted on each feature.

  • 86 % Say car is needed

  • 82 % Say yards are well-kept

  • 81 % Say there are sidewalks

  • 72 % Say parking is easy

  • 68 % Say kids play outside

  • 60 % Say streets are well-lit

  • 59 % Say there's holiday spirit

  • 49 % Say it's dog friendly

  • 47 % Say it's quiet

  • 43 % Say they plan to stay for at least 5 years

  • 42 % Say it's walkable to grocery stores

  • 40 % Say neighbors are friendly

  • 36 % Say there's wildlife

  • 33 % Say it's walkable to restaurants

  • 26 % Say people would walk alone at night

  • 24 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Timothy Mcneal
    "We are family-oriented and it is a pleasant area to raise a family and up keep is pretty good as well"
    0
    Flag
  • Doridan325
    "I believe they wouldn’t like other dog owners not be able to handle or train their dog properly. I also believe they will like friendly dog owners."
    1
    Flag
  • Trulia User
    "there aren't many great or awesome things about this area, not much uniquenessbut if you reference the gun shooting and fast cars on my street, it's still not unique. I don't like it here. I grew up in this city."
    5
    Flag
  • Trulia User
    "it has its good and bad areas. middle class and poverty all in one due to alot of rental properties. "
    3
    Flag
  • Chalese M.
    "I completed my teenage years in this neighborhood, the school was good and the neighborhood is really quiet."
    13
    Flag
  • Chrisndbritt
    "The neighbors and the up keep of our community,safety and always neatness and everyone wants to keep up there neighborhood."
    5
    Flag
  • Verlencia M.
    "Use to be a nice neighborhood. Lot’s of crime. Lot’s car break in and home break in’s. School’s are ok. "
    8
    Flag
  • Someone
    "No events happen around here. People pretty much keep to themselves. I barely even know my neighbors on my street and I’ve lived here for almost my whole life. "
    8
    Flag
  • Robert D.
    "The people make a community what it is. These people need to realize the value of what is and could be here. This neighborhood can be what it was before they got here."
    14
    Flag
  • Kimberly D.
    "I love parkway villiage best place to move ever. I been staying out here for years nice area to raise you children(s)"
    13
    Flag
  • By.grace.mwm
    "Parkway village is not a good place to live. There are gunshots daily. I was robbed by two guys at gun point working on my car in my own driveway!"
    4
    Flag
  • Garry W.
    "Violence and other issues with people police and unemployed people who have nothing to lose and uneducated people "
    6
    Flag
  • NB
    "The area that it’s in, It is by great schools, high school, middle schools and elementary schools which is ok"
    9
    Flag
  • Preciouspre1
    "People dogs get stolen over here so u have to keep an eye on your dog if u let it out in the front yard..................."
    1
    Flag
  • Demetriusdunlap1011
    "Mellow very laid back and peaceful really good reassurance that it’s a good area . Even the schools in the community is great "
    10
    Flag
  • Delandersr17
    "Nothing I've noticed in years, beside the Oakhaven High football home coming. A beauty shop named Divine Look use to have many events but it's moved, and the area has been pretty dull after that."
    3
    Flag
  • Regina Chalmers
    "This neighborhood is very quiet we have lived here for 3 yrs now and really love living in this area. Friendly neighborhood."
    11
    Flag
  • Delandersr17
    "Dogs are welcomed, and not many vicious type dogs from what I've observed in the area. Not many dog friendly accessible park nor pet stores nearby I don't really see much that a dog owner would like about the area."
    1
    Flag
  • T H.
    "This neighborhood is horrible, shootouts, everyday, drug dealers, lack of police presence, not a safe place for children. I would not recommend this area."
    1
    Flag
  • Antonio
    "it's not it's a lot of crime around here and violence and burglary and drug dealers around the childrens.They have shoot outs everyday and nights until you can't sleep. "
    95
    Flag
  • Richard P.
    "beware of gun fire. there are weapons discharged nightly, a drive-by happened 4 doors away. this is not a good area for families or children. "
    10
    Flag
  • Sheri W.
    "Greatest neighborhood ever in the 20 Years l lived here.Nice and peaceful place is important and size of the home is priceless, affordable and l know trulia will help me with finding the right home for me and my family "
    2
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 3063 Cherry Rd

  • What is 3063 Cherry Rd estimated to be worth?
    Trulia's estimated value for 3063 Cherry Rd in Memphis, TN is $88,300.
  • What is the price history for 3063 Cherry Rd?
    3063 Cherry Rd in Memphis, TN last sold for $20,948 in April 2015.
  • Is Memphis a buyer's or seller's market?
    Memphis is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Memphis?
    The median sale price in Memphis is $130K. That is down $904 from the prior month.
  • How big is the lot at 3063 Cherry Rd?
    The lot at 3063 Cherry Rd in Memphis, TN is about 0.25 acres (10,890 sq ft).
  • Does 3063 Cherry Rd have parking?
    Yes, 3063 Cherry Rd in Memphis, TN has on-site parking.

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