Sold
Last Sold Price
2 beds941 sqft$244/sqft
506 Gerald Rd, Memphis, TN 38122
Single FamilyProperty Type
0.26 acresLot Size
1950Year Built
$244/sq ftPrice per sq ft
1 carParking Spaces

Description

Charming Brick Home in High Point Terrace! This beautifully updated residence features a freshly painted interior, modern kitchen with stove, dishwasher, microwave, and refrigerator (all appliances remain, including washer and dryer!). Enjoy stylish light fixtures, an updated bathroom vanity, and energy-efficient windows throughout. The home boasts a tankless water heater and refinished hardwood flooring. Step outside to a spacious backyard with a storage building and covered carport. Located in...Charming Brick Home in High Point Terrace! This beautifully updated residence features a freshly painted interior, modern kitchen with stove, dishwasher, microwave, and refrigerator (all appliances remain, including washer and dryer!). Enjoy stylish light fixtures, an updated bathroom vanity, and energy-efficient windows throughout. The home boasts a tankless water heater and refinished hardwood flooring. Step outside to a spacious backyard with a storage building and covered carport. Located in the heart of Memphis, close to shopping, dining, and parks. Don’t miss your chance to make this adorable property your own!
  • Listed by: Donnie Morrow • eXp Realty, LLC
  • Listed by: Brittany Merritt • eXp Realty, LLC
Listing closed: 01/02/2025 12:00 AM • Source: MAARMLS, MLS#: 10185520

Recent comparable sales

Median sold price

$249,900

Avg days on market

48

Sale-to-list ratio

96.7%

Memphis, TN

9 comparable properties found

a house that has a tree in front of a white house
1/32
1

$262,000

Sold 05/22/26

2
Bedrooms
1,020
Square Feet
0.22
Acres
a front view of a house with a yard
1/35
2

$259,000

Sold 06/09/26

2
Bedrooms
982
Square Feet
0.25
Acres
a front view of a house with a yard
1/26
3

$259,000

Sold 06/04/25

2
Bedrooms
1,043
Square Feet
0.17
Acres
$249,900 | 3652 Shirlwood Avenue, Memphis, TN 38122
1/31
4

$249,900

Sold 11/15/24

2
Bedrooms
1,057
Square Feet
0.18
Acres
$258,000 | 3614 Charleswood Avenue, Memphis, TN 38122
1/26
5

$258,000

Sold 04/15/25

2
Bedrooms
1,033
Square Feet
0.17
Acres
a bedroom with a bed a couch and large window
1/28
6

$243,500

Sold 03/16/26

2
Bedrooms
1,015
Square Feet
0.17
Acres
a front view of house with yard and green space
1/22
7

$210,000

Sold 05/19/25

2
Bedrooms
1,079
Square Feet
0.37
Acres
a front view of a house with a yard
1/26
8

$205,000

Sold 05/29/25

2
Bedrooms
1,028
Square Feet
0.17
Acres
front view of a house with a yard
1/22
9

$234,271

Sold 04/11/25

2
Bedrooms
973
Square Feet
0.16
Acres

Location

Listing Courtesy of eXp Realty, LLC

Sold By Broker South Realty

Add your commute

Payment Calculator

$1,371 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,169

Property Taxes

$202

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 506 Gerald Road

Property Details
  • Taxes: $2,429 / 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: 0.26 AC / 11,325 SF
Summary
Location and General Information
  • Address: 506 GERALD RD
  • Address Search Number: 506
  • Directions: Head west on Summer Ave Turn left onto Vaughn Rd Turn right at the 2nd cross street onto Philwood Ave Turn right at the 1st cross street onto Gerald Rd Destination will be on the right
  • Geo Match Code: 0
  • Geo Matched Method: 0
  • Geo Quality: .95
  • Geo Update Timestamp: 11-20-2024
  • Geo Zoom Level: 16.00
  • Map Coordinate: A
  • MLS Map Num: Galloway Gardens
  • Neighborhood Association: None
Parking
  • Carport Garage: Carport
  • Parking Display: C1
  • Parking/Storage: Driveway/Pad
Taxes and HOA Information
  • LVT Date: 11-20-2024
Property
Lot Information
  • Lot Size: 58X198
  • Acreage: .26
  • Lot Num: 63
  • Lot Description: Some Trees, Level, Wood Fenced
  • Parcel ID: 055027 00016
Property and Assessments
  • Detached Unit Type: General Residential
  • Prop Construction Status: Existing Property
  • Service Type: Full Service Listing
Utilities
  • Cooling: Central
Interior and Exterior Features
Exterior Features
  • Exterior/Windows: Brick Veneer
  • Misc Exterior: Porch, Wood Fence
  • Pool Description: None
Interior Features
  • Additional Br/Bath Info: All Bedrooms Down, Primary Down, Full Bath Down
  • Apprx Heated Sq Ft Range: 100-999 (Retired - Do Not Use)
  • Bedroom 2 Description: Hardwood Floor, Level 1
  • Bedroom 2 Dimensions: 11x10
  • Bedrooms Down: 2.0
  • Den Great Room Dimensions: 0
  • Dining Room Dimensions: 10x8
  • Floors/Ceilings: Hardwood Throughout, Tile
  • Heating: Central
  • Interior Equipment: Range/Oven, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Kitchen Dimensions: 10x9
  • Living Room Dimensions: 20x12
  • Living/Dining/Kitchen: Separate Living Room, Separate Dining Room, W/D Connection in Kitchen
  • Total Baths: 1

Property History for 506 Gerald Road

DateEvent & SourcePriceAppreciation
Jan 2, 2025

Sold (Public Record)

Public Record #1548309174

$230,000

+1.6% / yr

Jan 2, 2025

Sold

MAARMLS #10185520

$230,000
Dec 1, 2024

Contract Signed

MAARMLS #10185520

DateEvent & SourcePrice
01/02/2025

Sold (Public Record)

Public Record #1548309174

$230,000

+1.6% / yr

01/02/2025

Sold

MAARMLS #10185520

$230,000
12/01/2024

Contract Signed

MAARMLS #10185520

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

Public Records for 506 Gerald Road

Taxable ValueLand$12,075Additions$43,200Total$55,275
Tax Record2024$3,640 ($303 / month)
Home Facts
Beds3Baths1Total Finished SqFt941 SqFtAbove Grade Finished SqFt941 SqFtStories1Lot Size11,456 SqFtStyleSingle Family ResidenceYear Built1950Year Renovated1986ZoningR-6CountySHELBYAPN055-027- - -00016Fireplace TypeHas Fireplace

Schools near 506 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 - 9 to 12
Rating
School
Distance
Grahamwood Elementary School
PublicPK to 5

White Station Middle School
Public6 to 8

White Station High School
Public9 to 12

City University School of Independence
Charter9 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.

Similar Homes

New listings in 38122

a sign that is sitting in front of a house
1/18

$67,900

2
Bedrooms
1,140
Square Feet
0.12
Acres
a view of a street sign under a large tree
1/7

$77,900

3
Bedrooms
1,362
Square Feet
0.12
Acres
a view of livingroom with furniture and windows
1/18

$77,900

3
Bedrooms
1,344
Square Feet
0.12
Acres
a view of a house with swimming pool and sitting space
1/19

$89,999

3
Bedrooms
Unavailable
Square Feet
3.39
Acres
$138,200 | 599 Isabelle Street, Memphis, TN 38122
1/18

$138,200

3
Bedrooms
Unavailable
Square Feet
0.18
Acres
a front view of a house with a yard
1/11

$100,000

2
Bedrooms
Unavailable
Square Feet
0.2
Acres
$335,000 | 4205 Tutwiler Avenue, Memphis, TN 38122
1/19

$335,000

4
Bedrooms
Unavailable
Square Feet
0.16
Acres
a front view of house with yard and green space
1/19

$215,000

4
Bedrooms
2
Bathrooms
Unavailable
Square Feet
0.25
Acres
$169,900 | 475 North Highland Street, Unit 3F, Memphis, TN 38122
1/24

$169,900

3
Bedrooms
Unavailable
Square Feet
2.91
Acres

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 506 Gerald Road, Memphis, TN 38122
$230,000
2
941
11,325
$185,000
3
1,415
9,147
$110,000
4
2,183
13,068
$260,000
3
1,413
10,018
$198,900
3
1,709
10,890
$291,000
3
1,460
9,583

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 eXp Realty, LLC

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.