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Back 501 Gerald Road
Off Market

501 Gerald Road

Memphis TN 38122

3
2
2
1907 sq. ft.
0.28 ac.
Single-Family
Last sold for $225,000
Chad WoelkeChad Woelke, last sold this property on 28 August 2026 after 534 days on market.

Overview

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!

Features

3 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
1907 sq. ft. floor area
0.28 ac. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Memphis over the last 12 months, the estimated median property value of 501 Gerald Road is $159k.

Median value
$159k
Estimated value range
$34k - $420k
Median days on market
21
Estimated value trend
-4%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Memphis. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 501 Gerald Road

2026
Sold
$225,000
28 Aug 2026 by Chad Woelke, of Heritage Homes Co.

Happy sellers in Memphis

87%
87% of sellers in Memphis reported that their sale price either exceeded or met their price expectations.

Memphis stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Memphis over the last 12 months.

Local market activity for 3 bedroom single-family properties in Memphis

In the last 12 months, 116 three-bedroom single-family properties similar to 501 Gerald Road, have been sold.

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