NOT LISTED FOR SALE

2988 Gulf Ave Memphis, TN 38114

Orange Mound Neighborhood

Estimated Value: $84,000 - $110,000

3 Beds
2 Baths
1,465 Sq Ft
$67/Sq Ft Est. Value

About This Home

This home is located at 2988 Gulf Ave, Memphis, TN 38114 and is currently estimated at $97,755, approximately $66 per square foot. 2988 Gulf Ave is a home located in Shelby County with nearby schools including Cherokee Elementary School, Sherwood Middle, and Melrose High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2025
Sold by
Smith Ronnie
Bought by
Gallegos Nakia Laverne
Current Estimated Value
$97,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,750
Outstanding Balance
$63,528
Interest Rate
5.83%
Mortgage Type
New Conventional
Estimated Equity
$59,159

Purchase Details

Closed on
Oct 4, 2022
Sold by
Smith Carl E
Bought by
Smith Carl E and Smith Ronnie

Purchase Details

Closed on
Jul 7, 2017
Sold by
Thomas E Hanson & Sons
Bought by
Rehab Assocites Of Tennessee Llc

Purchase Details

Closed on
Feb 14, 2013
Sold by
Gray Sulvester
Bought by
Kinner Demorcus and Kinner Clorece

Purchase Details

Closed on
Aug 20, 2003
Sold by
Smith Charlene Oakley
Bought by
Smith Carl E
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gallegos Nakia Laverne $85,000 None Listed On Document
Smith Carl E -- --
Rehab Assocites Of Tennessee Llc -- Saddle Creek Title
Kinner Demorcus -- None Available
Smith Carl E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallegos Nakia Laverne $63,750
Previous Owner Smith Carl E $58,150
Previous Owner Smith Carl E $8,672
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $605 $27,025 $2,625 $24,400
2024 $605 $17,850 $1,250 $16,600
2023 $1,007 $17,850 $1,250 $16,600
2022 $1,007 $17,850 $1,250 $16,600
2021 $1,018 $17,850 $1,250 $16,600
2020 $956 $13,200 $1,250 $11,950
2019 $937 $13,200 $1,250 $11,950
2018 $937 $13,200 $1,250 $11,950
2017 $543 $13,200 $1,250 $11,950
2016 $517 $11,825 $0 $0
2014 $517 $11,825 $0 $0
Source: Public Records

Map

Tennessee Shelby County Memphis 38114 Orange Mound

2988 Gulf Ave, Memphis, TN

This home is located at 2988 Gulf Ave, Memphis, TN 38114 and is currently estimated at $97,755, approximately $66 per square foot. 2988 Gulf Ave is a home located in Shelby County with nearby schools including Cherokee Elementary School, Sherwood Middle, and Melrose High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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