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Sold for $225,000
    • $225,000

    501 Gerald Rd, Memphis, TN 38122

    3beds
    1,907sqft
    Single Family Residence
    Built in 1950
    0.28 Acres Lot
    $238,700 Zestimate®
    $118/sqft
    $1,966 Estimated rent

    Home value

    $238,700

    $227,000 - $251,000

    $1,966/mo

    Zestimate® history
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    What's special

    Open floor planSeparate laundry roomTons of closet spaceSmooth ceilingsEnergy-efficient windows
    OFFERING $10,000 IN SELLER-PAID CLOSING COSTS! Excellent buy in sought-after Highpoint Terrace! You’ll love the open floor plan, rich hardwood floors throughout the living areas, smooth ceilings, and multiple spaces to gather or unwind. The primary bedroom suite is huge, offering plenty of space to retreat and relax. The separate laundry room + tons of closet space are coveted features for this era of home! The roof has been newly replaced and energy-efficient windows installed! The fridge, stove, washer, and dryer will convey with the home. Nestled on a quiet street, this home is close to everything—local restaurants, shopping, the University of Memphis, and easy access to main roads. A great find in one of Memphis’s most desirable neighborhoods! Move-in ready!

    Zillow last checked:

    Listing updated:

    Listed by:

    Chad R Woelke,

    Heritage Homes Co.

    Bought with:

    Barry Less

    Leco Realty, Inc.

    Source: MAAR,MLS#: 10209135MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Features: Carpet, Sitting Area, Smooth Ceiling, Walk-In Closet(s)
    • Level: First
    • Area: 364
    • Dimensions: 14 x 26
    Bedroom 2
    • Features: Carpet, Shared Bath, Smooth Ceiling
    • Level: First
    • Area: 144
    • Dimensions: 12 x 12
    Bedroom 3
    • Features: Carpet, Shared Bath, Smooth Ceiling
    • Level: First
    • Area: 120
    • Dimensions: 10 x 12
    Primary bathroom
    • Features: Double Vanity, Smooth Ceiling, Full Bath
    Dining room
    • Area: 108
    • Dimensions: 12 x 9
    Kitchen
    • Features: Breakfast Bar, Pantry, Separate Breakfast Room, Washer/Dryer Connections
    • Area: 96
    • Dimensions: 12 x 8
    Living room
    • Features: LR/DR Combination, Separate Den, Separate Living Room
    • Area: 192
    • Dimensions: 12 x 16
    Den
    • Area: 208
    • Dimensions: 13 x 16
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Electric Water Heater, Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
    • Laundry: Laundry Room
    Features
    • 1 or More BR Down, All Bedrooms Down, Double Vanity Bath, Full Bath Down, Primary Down, Split Bedroom Plan, Smooth Ceiling, 2 or More Baths, 2nd Bedroom, 3rd Bedroom, Breakfast Room, Den/Great Room, Dining Room, Kitchen, Laundry Room, Living Room, Primary Bedroom, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
    • Flooring: Part Hardwood, Tile, Vinyl, Carpet
    • Windows: Aluminum Frames, Window Treatments
    • Basement: Crawl Space
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,907 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Storage, Workshop in Garage
    • Covered spaces: 2
    Features
    • Stories: 1
    • Patio & porch: Patio, Covered Patio
    • Pool features: None
    • Fencing: Wood,Wood Fence
    Lot
    • Size: 0.28 Acres
    • Dimensions: 50 x 158
    • Features: Level
    Details
    • Additional structures: Storage
    • Parcel number: 055001 00034

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence
    Materials
    • Aluminum/Steel Siding, Brick Veneer, Vinyl Siding
    • Roof: Composition Shingles
    Condition
    • New construction: No
    • Year built: 1950

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Security: Monitored Alarm, Security System, Burglar Alarm, Monitored Alarm System
    • Subdivision: Stephen First Addition
    Location
    • Region: Memphis

    Financial & listing details

    • Price per square foot: $118/sqft
    • Tax assessed value: $249,000
    • Annual tax amount: $3,949
    • Price range: $225K - $225K
    • Date on market: 11/5/2025
    • Cumulative days on market: 280 days

    Price history

    DateEventPrice
    8/28/2026Sold$225,000-10%$118/sqft
    Source: MAAR #10209135 Report a problem
    8/13/2026Pending sale$250,000$131/sqft
    Source: MAAR #10209135 Report a problem
    1/16/2026Price change$250,000-5.7%$131/sqft
    Source: MAAR #10209135 Report a problem
    11/5/2025Listed for sale$265,000-1.8%$139/sqft
    Source: MAAR #10209135 Report a problem
    9/11/2025Listing removed$269,900$142/sqft
    Source: MAAR #10191757 Report a problem
    6/17/2025Price change$269,900-3.6%$142/sqft
    Source: MAAR #10191757 Report a problem
    4/7/2025Listed for sale$279,900$147/sqft
    Source: MAAR #10191757 Report a problem
    3/31/2025Pending sale$279,900$147/sqft
    Source: MAAR #10191757 Report a problem
    3/11/2025Listed for sale$279,900+178.5%$147/sqft
    Source: MAAR #10191757 Report a problem
    3/28/2011Sold$100,500-15.5%$53/sqft
    Source: Public Record Report a problem
    3/5/2011Listed for sale$119,000$62/sqft
    Source: Crye-Leike #3205482 Report a problem
    3/3/2011Pending sale$119,000$62/sqft
    Source: Crye-Leike #3205482 Report a problem
    2/2/2011Listed for sale$119,000+205.1%$62/sqft
    Source: Crye-Leike #3205482 Report a problem
    10/19/2009Sold$39,000$20/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,281 -16.9%$62,250 +3.8%
    2024$3,950 +8.1%$59,975
    2023$3,653 $59,975
    2022-- $59,975
    2021-- $59,975 +116.7%
    2020$885 $27,675
    2019$885 -21.1%$27,675
    2018$1,121 -45.1%$27,675
    2017$2,043 +121.5%$27,675 +2%
    2016$922 +15.1%$27,125
    2014$801 $27,125
    2013-- $27,125 +8%
    2012-- $25,125
    2011-- $25,125 -34.7%
    2010-- $38,450
    2009-- $38,450 +28%
    2008-- $30,050
    2007-- $30,050
    2006-- $30,050
    2005-- $30,050 +26.1%
    2004-- $23,825
    2003-- $23,825
    2002-- $23,825 -13.8%
    2001-- $27,650 +29.7%
    2000-- $21,325
    Find assessor info on the county website

    Neighborhood: East Memphis-Colonial-Yorkshire

    Nearby schools

    GreatSchools rating
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    An equal housing lender. NMLS #10287.

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