507 E Gage Ave Memphis, TN 38106
South Memphis NeighborhoodEstimated Value: $49,000 - $86,000
2
Beds
1
Bath
1,247
Sq Ft
$57/Sq Ft
Est. Value
About This Home
This home is located at 507 E Gage Ave, Memphis, TN 38106 and is currently estimated at $70,557, approximately $56 per square foot. 507 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.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 31, 1997
Sold by
L & S Enterprises Of Tennessee Llc
Bought by
Bean Rita Sherel
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,680
Outstanding Balance
$6,521
Interest Rate
7.31%
Estimated Equity
$64,036
Purchase Details
Closed on
Sep 17, 1997
Sold by
Mt Zion Missionary Baptist Church Inc
Bought by
L & S Enterprises Of Tn Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,680
Outstanding Balance
$6,521
Interest Rate
7.31%
Estimated Equity
$64,036
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bean Rita Sherel | $44,000 | -- | |
| Bean Rita Sherel | $44,000 | -- | |
| L & S Enterprises Of Tn Llc | $18,500 | -- | |
| L & S Enterprises Of Tn Llc | $18,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bean Rita Sherel | $42,680 | |
| Closed | Bean Rita Sherel | $42,680 | |
| Previous Owner | L & S Enterprises Of Tn Llc | $18,650 | |
| Closed | Bean Rita Sherel | $3,500 |
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 | $391 | $17,300 | $2,000 | $15,300 |
| 2024 | $391 | $11,525 | $1,000 | $10,525 |
| 2023 | $702 | $11,525 | $1,000 | $10,525 |
| 2022 | $702 | $11,525 | $1,000 | $10,525 |
| 2021 | $710 | $11,525 | $1,000 | $10,525 |
| 2020 | $783 | $10,800 | $1,000 | $9,800 |
| 2019 | $345 | $10,800 | $1,000 | $9,800 |
| 2018 | $345 | $10,800 | $1,000 | $9,800 |
| 2017 | $353 | $10,800 | $1,000 | $9,800 |
| 2016 | $460 | $10,525 | $0 | $0 |
| 2014 | $460 | $10,525 | $0 | $0 |
Source: Public Records
Map
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