NOT LISTED FOR SALE

478 Gainsville Ave Memphis, TN 38109

Westwood Neighborhood

Estimated Value: $79,609 - $104,000

3 Beds
1 Bath
956 Sq Ft
$97/Sq Ft Est. Value

Last Sold July 23, 2021

Last sale price $67,500 $71 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $542/month

1 Day on Market

Highlights

  • Traditional Architecture
  • Porch
  • Central Heating and Cooling System
  • Some Wood Windows
  • Patio
  • Combination Dining and Living Room

About This Home

As of July 2021

Wonderful tenant occupied property being marketed to investors! This home is rented for $650 and has 3 bedrooms, 1 bathroom on one level. Nice tenants would like to stay and have lived in the property for several years. This could be a great addition to your investment portfolio. Property being sold as-is, seller will not make repairs. Cash offers strongly preferred. Do not disturb or approach the tenant. Interior video available upon request. Investors only!

Last Agent to Sell the Property

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080 Listed on: 07/04/2021

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080 Listed on: 07/04/2021

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $406

Year Built

  • Built in 1970

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 60x215
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 956 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Combination Dining and Living Room
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System

Community Details

  • Indian Hills Sec D Subdivision

Listing and Financial Details

  • Assessor Parcel Number 075087 00227

Home Details

Home Type

Single Family

Est. Annual Taxes

$406

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 762B
  • MAAR Subdivision Name: INDIAN HILLS SEC D
  • List Price Per Sq Ft: 72
  • Number Of Stories: 1
  • Price Per Sq Ft: 70.61
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 956
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 0-999
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 1
  • Living Dining Kitchen: LR/DR Combination
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Porch, Patio
  • Exterior Windows: Brick Veneer, Wood/Composition

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 111
  • Acreage: 0.29
  • Lot Size: 60X215
  • Price Per Acre: 238621

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 075087 00227

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2021
Closed on
Jul 3, 2021
Sold by
Johnson Thomas
Bought by
Caguin Vince P
Seller's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
List Price
$69,200
Sold Price
$67,500
Premium/Discount to List
-$1,700
-2.46%
Current Estimated Value
$93,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,652
Avg. Annual Appreciation
8.28%

Purchase Details

Closed on
Oct 12, 2013
Sold by
County Of Shelby
Bought by
Johnson Thomas

Purchase Details

Closed on
Dec 18, 2002
Sold by
Trustees Of & For Solomon Temple Mission
Bought by
M E G Capital Management
Source: Public Records

Range of Values:

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Average Value
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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
Caguin Vince P $67,500 Delta Title Services Llc
Johnson Thomas $11,000 None Available
M E G Capital Management $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caguin Vince P $64,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2021 07/23/21 Sold $67,500 -2.5% $71 / Sq Ft
07/05/2021 07/05/21 Pending -- -- --
07/04/2021 07/04/21 For Sale $69,200 -- $72 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $406 $24,450 $2,550 $21,900
2024 $406 $11,975 $2,075 $9,900
2023 $729 $11,975 $2,075 $9,900
2022 $729 $11,975 $2,075 $9,900
2021 $413 $11,975 $2,075 $9,900
2020 $614 $8,475 $2,075 $6,400
2019 $271 $8,475 $2,075 $6,400
2018 $271 $8,475 $2,075 $6,400
2017 $277 $8,475 $2,075 $6,400
2016 $394 $9,025 $0 $0
2014 $394 $9,025 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tyler Tapley

    Seller's Agent in 2021

    Tyler Tapley

    Crye-Leike, Inc., REALTORS

    (901) 871-1290

    50 in this area

    1,228 Total Sales

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10103230

Memphis Area Association of REALTORS®

APN: 07-5087-0-0227

Tennessee Shelby County Memphis 38109 Westwood

478 Gainsville Ave, Memphis, TN

This home is located at 478 Gainsville Ave, Memphis, TN 38109 since 04 July 2021 and is currently estimated at $93,152, approximately $97 per square foot. This property was built in 1970. 478 Gainsville Ave is a home located in Shelby County with nearby schools including Levi Elementary School, Chickasaw Middle School, and Westwood High School.

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