Updated Oct 15, 2026
215 Cherry Circle E In Memphis, TN Sold For $1.5M By Paul McDonald & Meredith McDonald - Ware Jones Realtors
215 Cherry Circle East Memphis, Tennessee 38117, USA
$1,500,000
$250/SF
Building Size
6,000 SF
Asset Type
Single Family Residence
Closing
May 10, 2023
About this deal
AI
A single-family property located at 215 Cherry Circle E in Memphis, TN was sold for $1,500,000. The transaction was facilitated by brokers Paul McDonald and Meredith McDonald from Ware Jones Realtors, and the property spans 6,000 square feet, resulting in a price per square foot of $250.
Summary of transaction details:
- Property Type: Single Family Residence
- Transaction Amount: $1,500,000
- Address: 215 Cherry Circle E, Memphis, TN
- Market: Memphis, TN
- Brokers: Paul McDonald & Meredith McDonald - Ware Jones Realtors
- Property Size: 6,000 square feet
- Price per Square Foot: $250
The brokers involved in the deal were Paul McDonald and Meredith McDonald from Ware Jones Realtors.
On the Map
$1,500,000
$250/SF
Single Family Residence
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Players
Memphis Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.58%
Cash-on-Cash
-3.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93