NOT LISTED FOR SALE

503 E Gage Ave Memphis, TN 38106

South Memphis Neighborhood

Estimated Value: $70,000 - $86,000

3 Beds
2 Baths
1,200-1,399 Sq Ft
$57/Sq Ft Est. Value

Last Sold September 07, 2022

Last sale price $78,433 $56 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $451/month

Highlights

  • Deck
  • Wood Flooring
  • Combination Dining and Living Room
  • Traditional Architecture
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of September 2022

This home is located at 503 E Gage Ave, Memphis, TN 38106 since 07 April 2022 and is currently estimated at $79,674, approximately $66 per square foot. This property was built in 1940. 503 E Gage Ave is a home located in Shelby County with nearby schools including Riverview Middle School, A. B. Hill Elementary School, and Hamilton High School.

Last Agent to Sell the Property

Louis Rosenberg

Centric Realty LLC License #344480 Listed on: 04/07/2022

Last Buyer's Agent

Louis Rosenberg

Centric Realty LLC License #344480 Listed on: 04/07/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $396

Year Built

  • Built in 1940

Lot Details

  • 7,492

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,325 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Deck
  • Few Trees
  • Central Heating and Cooling System

Community Details

  • Longview Heights Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$396

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 747E
  • MAAR Subdivision Name: LONGVIEW HEIGHTS
  • List Price Per Sq Ft: 59
  • Number Of Stories: 1
  • Price Per Sq Ft: 59.19
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1325
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 2
  • Living Dining Kitchen: LR/DR Combination
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Deck
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees
  • Lot Size: 6300

Multi Family

  • Number Of Rooms: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2022
Closed on
Aug 19, 2022
Sold by
Lott Dalton L
Bought by
Memphis 12 Llc
Seller's Agent
Louis Rosenberg
Centric Realty LLC
Buyer's Agent
Louis Rosenberg
Centric Realty LLC
List Price
$78,433
Sold Price
$78,433
Current Estimated Value
$79,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,241
Avg. Annual Appreciation
0.50%

Purchase Details

Listed on
Feb 10, 2015
Closed on
Feb 27, 2015
Sold by
Weaver Sherrie
Bought by
Lott Dalton L
Seller's Agent
Rodney Adams
Avidian Real Estate Co., Inc.
Buyer's Agent
Megan Stout
Crye-Leike, Inc., REALTORS
List Price
$8,500
Sold Price
$8,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.38%

Purchase Details

Listed on
Feb 10, 2015
Closed on
Jan 21, 2015
Sold by
Brown Jerry and Brown Marilyn
Bought by
Weaver Sherrie and 503 Gage Land Trust
Seller's Agent
Rodney Adams
Avidian Real Estate Co., Inc.
Buyer's Agent
Megan Stout
Crye-Leike, Inc., REALTORS
List Price
$8,500
Sold Price
$8,500

Purchase Details

Closed on
Nov 18, 2002
Sold by
Richardson Annie
Bought by
Brown Jerry and Brown Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,300
Interest Rate
6.3%

Purchase Details

Closed on
Jun 18, 2002
Sold by
Penrod Marie L
Bought by
Richardson Annie
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Memphis 12 Llc $629,235 Mid South Title Services
Lott Dalton L $8,500 Saddle Creek Title Llc
Weaver Sherrie -- None Available
Brown Jerry $54,000 Equity Title & Escrow Co
Richardson Annie $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown Jerry $51,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/07/2022 09/07/22 Sold $78,433 0.0% $65 / Sq Ft
04/07/2022 04/07/22 For Sale $78,433 +822.7% $65 / Sq Ft
03/05/2015 03/05/15 Sold $8,500 0.0% $7 / Sq Ft View Prior Sale
02/20/2015 02/20/15 Pending -- -- --
02/10/2015 02/10/15 For Sale $8,500 -- $7 / 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 $396 $16,925 $2,000 $14,925
2024 $396 $11,675 $1,000 $10,675
2023 $711 $11,675 $1,000 $10,675
2022 $711 $11,675 $1,000 $10,675
2021 $403 $11,675 $1,000 $10,675
2020 $790 $10,900 $1,000 $9,900
2019 $348 $10,900 $1,000 $9,900
2018 $348 $10,900 $1,000 $9,900
2017 $357 $10,900 $1,000 $9,900
2016 $457 $10,450 $0 $0
2014 $457 $10,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2022

    Louis Rosenberg

    Centric Realty LLC

    Section Image

  • R

    Seller's Agent in 2015

    Rodney Adams

    Avidian Real Estate Co., Inc.

    Section Image

  • M

    Buyer's Agent in 2015

    Megan Stout

    Crye-Leike

    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10132894

Memphis Area Association of REALTORS®

APN: 04-9010-0-0006

Tennessee Shelby County Memphis 38106 South Memphis

503 E Gage Ave, Memphis, TN

This home is located at 503 E Gage Ave, Memphis, TN 38106 since 07 April 2022 and is currently estimated at $79,674, approximately $56 per square foot. This property was built in 1940. 503 E Gage Ave is a home located in Shelby County with nearby schools including Riverview Middle School, A. B. Hill Elementary School, and Hamilton 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.

Memphis Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Some or all of the listings displayed may not belong to the firm whose website is being visited. Copyright© 2025 Memphis Area Association of REALTORS®.

Nearby Homes