NOT LISTED FOR SALE

497 E Frank Ave Memphis, TN 38106

South Memphis Neighborhood

Estimated Value: $69,000 - $117,000

4 Beds
2 Baths
2,200-2,399 Sq Ft
$37/Sq Ft Est. Value

Last Sold December 11, 2019

Last sale price $36,777 $15 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $515/month

12 Days on Market

Highlights

  • 0.37 Acre Lot
  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Den with Fireplace
  • Wood Flooring
  • Corner Lot

About This Home

As of December 2019

Information and Disclosures available at www.HUDHomeStore.com. Bids may only be submitted by HUD Registered Agents/Agencies. All property inquiries will be answered within 24 hours. Dewints/Rewints for inspections at buyer’s expense. HUD compensates HUD Registered Selling Agents UP TO 3% of the gross sales price. All Showing Agents must sign in at the property for EVERY showing. Case #482-414757. Please note this property was built prior to 1978, so lead paint could potentially exist. 4BR/2Ba

Last Agent to Sell the Property

Rita Driver

All Stars Realty License #251275 Listed on: 11/06/2019

Last Buyer's Agent

Rodney Porter

Assured Real Estate Services License #345492

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947

Lot Details

  • 0.37 Acre Lot
  • Corner Lot
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Stone Exterior Construction

Interior Spaces

  • 2,200-2,399 Sq Ft Home
  • 2,316 Sq Ft Home
  • 1.5-Story Property
  • Great Room
  • Dining Room
  • Den with Fireplace
  • Storage Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Parking

  • 1 Car Detached Garage
  • Front Facing Garage
  • Driveway

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • 220 Volts

Community Details

  • Longview Hgts 2Nd Addn Blk 239 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 049013 00001

Home Details

Home Type

Single Family

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: LONGVIEW HEIGHTS 2ND ADD BLK 239
  • List Price Per Sq Ft: 13
  • Number Of Stories: 1.5
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2316
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 1 Bath
  • Second Story Floor Plan: 3rd Bedroom, 4th or More Bedrooms, 1 Bath
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down
  • Estimated Heated Sq Ft Range: 2200-2399
  • Bedroom 2 Description: Level 1, Hardwood Floor
  • Bedroom 3 Description: Level 2, Hardwood Floor
  • Bedroom 4 Description: Level 2, Hardwood Floor
  • Bedrooms: 4
  • Bedrooms Down: 2
  • Fireplace: In Den/Great Room
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Dining Room, Great Room
  • Other Rooms: Finished Basement, Storage Room
  • P R I M A R Y B E D R O O M: Level 1, Hardwood Floor

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Stone
  • Foundation: Full Basement
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 1
  • Parking Display: G1D
  • Parking Storage: Driveway/Pad, Front-Load Garage

Utilities

  • Cooling: Central, 220 Wiring
  • Heating: Central, Gas
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level, Corner
  • Lot Number: 5
  • Acreage: 0.37
  • Lot Size: 54.2/178.3 X 187.2/140

Tax Info

  • Assessor Parcel Number: 049013 00001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2019
Closed on
Dec 11, 2019
Sold by
K M Minemier & Associates
Bought by
Randle Latonya
Seller's Agent
Rita Driver
All Stars Realty
Buyer's Agent
Rodney Porter
Assured Real Estate Services
List Price
$30,000
Sold Price
$36,777
Premium/Discount to List
$6,777
22.59%
Current Estimated Value
$89,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,031
Avg. Annual Appreciation
15.82%

Purchase Details

Closed on
Jan 14, 2019
Sold by
Lakeview Loan Servicing Llc
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Dec 10, 2018
Sold by
Guy French Rosie
Bought by
Lakeview Loan Servicing Llc

Purchase Details

Closed on
Sep 20, 2018
Sold by
Guy French Rosie
Bought by
Lakeview Loan Servicing Llc

Purchase Details

Closed on
Dec 15, 2009
Sold by
Urevbu Enterprises Llc
Bought by
Guy French Rosie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,786
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 26, 2009
Sold by
Urevbu Ephraim
Bought by
Urevbu Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,786
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 22, 2009
Sold by
Sun Trust Bank
Bought by
Urevbu Ephraim

Purchase Details

Closed on
Dec 31, 2008
Sold by
Nicholson John R and Nicholson Chesta
Bought by
Suntrust Bank
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Randle Latonya $36,777 Preferred Title & Escrow Llc
Secretary Of Housing & Urban Development -- Servicelink
Lakeview Loan Servicing Llc $67,860 None Available
Lakeview Loan Servicing Llc $67,860 None Available
Guy French Rosie L $67,000 Baymark Title & Escrow Servi
Urevbu Enterprises Llc -- Baymark Title & Escrow Servi
Urevbu Ephraim $18,000 Baymark Title & Escrow Sves
Suntrust Bank $13,387 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Guy French Rosie L $65,786
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2019 12/11/19 Sold $36,777 +22.6% $17 / Sq Ft
11/06/2019 11/06/19 For Sale $30,000 -- $14 / 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 $554 $23,850 $2,000 $21,850
2024 $554 $16,350 $1,000 $15,350
2023 $996 $16,350 $1,000 $15,350
2022 $996 $16,350 $1,000 $15,350
2021 $1,008 $16,350 $1,000 $15,350
2020 $1,101 $15,200 $1,000 $14,200
2019 $486 $15,200 $1,000 $14,200
2018 $486 $15,200 $1,000 $14,200
2017 $497 $15,200 $1,000 $14,200
2016 $643 $14,725 $0 $0
2014 $643 $14,725 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rita Driver

    Seller's Agent in 2019

    Rita Driver

    All Stars Realty

    (901) 674-7653

    37 Total Sales

    Rita Driver
    Section Image
  • Rodney Porter

    Buyer's Agent in 2019

    Rodney Porter

    Assured Real Estate Services

    (901) 461-2868

    15 in this area

    80 Total Sales

    Rodney Porter
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10065594

Memphis Area Association of REALTORS®

APN: 04-9013-0-0001

Tennessee Shelby County Memphis 38106 South Memphis

497 E Frank Ave, Memphis, TN

Not Listed for Sale

Detached

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