Sold
Last Sold Price
3 beds1,907 sqft$118/sqft
501 Gerald Rd, Memphis, TN 38122
Single FamilyProperty Type
0.28 acresLot Size
1950Year Built
$118/sq ftPrice per sq ft
2 carsParking Spaces

Description

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,...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!
  • Listed by: Chad Woelke • Heritage Homes Co.
Listing closed: 08/28/2026 12:00 AM • Source: MAARMLS, MLS#: 10209135

Location

Listing Courtesy of Heritage Homes Co.

Sold By Leco Realty, Inc.

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$1,473 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,144

Property Taxes

$329

HOA Dues

$0

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Property Information for 501 Gerald Road

Property Details
  • Taxes: $3,949 / year
  • MLS Type: Residential / Detached Single Family / No
  • Area: 755A
  • Style: Traditional
  • MAAR Subdivision Name: HIGH POINT TERRACE
  • Legal Subdivision Name: STEPHEN FIRST ADDITION
Building Information
  • Stories: 1
  • Year Built: 1950
  • Lot Size: 0.28 AC / 12,196 SF
Summary
Location and General Information
  • Address: 501 GERALD RD
  • Address Search Number: 501
  • Directions: From Walnut Grove, travel north on Graham, turn right onto Allison, turn left onto Gerald. Home is on the left.
  • Geo Match Code: 0
  • Geo Matched Method: 0
  • Geo Quality: .95
  • Geo Update Timestamp: 11-05-2025
  • Geo Zoom Level: 16.00
  • Map Coordinate: A
  • MLS Map Num: Galloway Gardens
  • Neighborhood Association: None
Parking
  • Parking Display: C2D
  • Parking/Storage: Storage Room(s), Workshop(s)
Taxes and HOA Information
  • LVT Date: 11-04-2025
Property
Lot Information
  • Lot Size: 50X158
  • Acreage: .28
  • Lot Num: 80
  • Lot Description: Level, Wood Fenced
  • Parcel ID: 055001 00034
Property and Assessments
  • Detached Unit Type: General Residential
  • Foundation: Conventional
  • Prop Construction Status: Existing Property
  • Security: Burglar Alarm, Monitored Alarm System
  • Service Type: Full Service Listing
Utilities
  • Cooling: Central
  • Water & Sewer: Electric Water Heater, Public Sewer, Public Water
Interior and Exterior Features
Exterior Features
  • Exterior/Windows: Aluminum Window(s), Aluminum/Steel Siding, Brick Veneer, Vinyl Siding, Vinyl Windows
  • Misc Exterior: Storage Building, Patio, Covered Patio, Wood Fence
  • Misc. Interior: All Window Treatments, Security System, Monitored Alarm
  • Pool Description: None
  • Roof: Composition Shingles
Interior Features
  • 1st Story Floor Plan: 2 or More Baths, 2nd Bedroom, 3rd Bedroom, Breakfast Room, Den/Great Room, Dining Room, Kitchen, Laundry Room, Living Room, Primary Bedroom
  • Additional Br/Bath Info: 1 or More BR Down, All Bedrooms Down, Double Vanity Bath, Full Bath Down, Primary Down, Split Bedroom Plan
  • Bedroom 2 Description: Carpet, Level 1, Shared Bath, Smooth Ceiling
  • Bedroom 2 Dimensions: 12x12
  • Bedroom 3 Description: Carpet, Level 1, Shared Bath, Smooth Ceiling
  • Bedroom 3 Dimensions: 12x10
  • Bedrooms Down: 3.0
  • Breakfast Dimensions: 16x9
  • Den Great Room Dimensions: 16x13
  • Dining Room Dimensions: 9x12
  • Floors/Ceilings: Part Hardwood, Smooth Ceiling, Tile, Vinyl/Luxury Vinyl Floor, Wall to Wall Carpet
  • Heating: Central
  • Interior Equipment: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Kitchen Dimensions: 8x12
  • Living Room Dimensions: 16x12
  • Living/Dining/Kitchen: Breakfast Bar, LR/DR Combination, Pantry, Separate Breakfast Room, Separate Den, Separate Living Room, Washer/Dryer Connections
  • Total Baths: 2

Property History for 501 Gerald Road

DateEvent & SourcePriceAppreciation
Aug 28, 2026

Sold

MAARMLS #10209135

$225,000—
Aug 11, 2026

Contract Signed

MAARMLS #10209135

—
Jan 16, 2026

Price Change

MAARMLS #10209135

$250,000—
DateEvent & SourcePrice
08/28/2026

Sold

MAARMLS #10209135

$225,000
08/11/2026

Contract Signed

MAARMLS #10209135

—
01/16/2026

Price Change

MAARMLS #10209135

$250,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 501 Gerald Road

Taxable ValueLand$12,075Additions$50,175Total$62,250
Tax Record2025$1,675 ($140 / month)
Home Facts
Beds3Baths2Total Finished SqFt1,907 SqFtAbove Grade Finished SqFt1,907 SqFtStories1Lot Size12,324 SqFtStyleSingle Family ResidenceYear Built1950Year Renovated1950ZoningR-6CountySHELBYAPN05-5001-0-0034

Schools near 501 Gerald Road

This home is within Shelby County Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Grahamwood Elementary School
PublicPK to 5

White Station Middle School
Public6 to 8

White Station High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Heritage Homes Co.

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Services of MAAR, Reelfoot Regional AOR and Central West Tennessee Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Compass are identified with the MAAR, Reelfoot Regional AOR and Central West Tennessee Association of Realtors logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by MAAR, Reelfoot Regional AOR and Central West Tennessee Association of Realtors. Listing information Copyright© 2026 MLS of MAAR, Reelfoot Regional AOR and Central West Tennessee Association of Realtors, Inc. All Rights Reserved.