NOT LISTED FOR SALE

517 E Gage Ave Memphis, TN 38106

South Memphis Neighborhood

Estimated Value: $52,000 - $82,000

2 Beds
1 Bath
1,200-1,399 Sq Ft
$47/Sq Ft Est. Value

Last Sold October 08, 2021

Last sale price $38,000 $27 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $379/month

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Central Heating and Cooling System
  • Porch
  • Bungalow
  • Level Lot

About This Home

As of October 2021

Nice tenant occupied brick bungalow with covered parking and central heating and air. Drive-by only, do not disturb the tenants. Property is conveniently located near the Fedex Ground warehouse and interstate access. Property to be sold in as-is condition, and seller will not make any repairs.

Last Agent to Sell the Property

Joshua Cooper

Sowell, Realtors License #331551 Listed on: 07/27/2021

Last Buyer's Agent

Tiffany Conley

REMAX Experts License #324979

REMAX Experts

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $396

Year Built

  • Built in 1920

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Level Lot

Home Design

  • Bungalow

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,204 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway

Additional Features

  • Porch
  • Central Heating and Cooling System

Community Details

  • Longview Hgts 1St Addn Blk 215 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 049010 00009

Home Details

Home Type

Single Family

Est. Annual Taxes

$396

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Bungalow
  • Detached Unit Type: General Residential
  • MLS Map #: 747E
  • MAAR Subdivision Name: LONGVIEW HEIGHTS 1ST ADD BLK 215
  • List Price Per Sq Ft: 46
  • Number Of Stories: 1
  • Price Per Sq Ft: 31.56
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1204
  • Year Built: 1920
  • 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: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Hardwood
  • Full Bathrooms: 1
  • Living Dining Kitchen: Eat-In Kitchen
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 6
  • Acreage: 0.17
  • Lot Size: 50X150
  • Price Per Acre: 328824

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 049010 00009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2021
Closed on
Oct 8, 2021
Sold by
Asrocha Tennessee Llc
Bought by
Gulledge Dora
Seller's Agent
Joshua Cooper
Sowell, Realtors
Buyer's Agent
Tiffany Conley
REMAX Experts
List Price
$55,900
Sold Price
$38,000
Premium/Discount to List
-$17,900
-32.02%
Current Estimated Value
$65,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,983
Avg. Annual Appreciation
14.56%

Purchase Details

Listed on
Jan 28, 2021
Closed on
Feb 14, 2021
Sold by
Iron Hand Llc
Bought by
Asrocha Tennessee Llc
Seller's Agent
Mark Saller
Reedy Group II, LLC
Buyer's Agent
Joshua Cooper
Sowell, Realtors
List Price
$45,000
Sold Price
$37,025
Premium/Discount to List
-$7,975
-17.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.21%

Purchase Details

Closed on
Jan 12, 2018
Sold by
Woods Jeremy and Woods Kara
Bought by
Ironhand Llc

Purchase Details

Listed on
Feb 24, 2015
Closed on
May 6, 2015
Sold by
Lipford Eunice
Bought by
Woods Jeremy
Seller's Agent
Elizabeth Glosson
Fast Track Realty, LLC
Buyer's Agent
Casey Lipford
BenchMark REALTORS, LLC
List Price
$13,000
Sold Price
$12,650
Premium/Discount to List
-$350
-2.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.91%

Purchase Details

Listed on
Feb 24, 2015
Closed on
Apr 6, 2015
Sold by
The Secretary Of Hud
Bought by
Lipford Eunice
Seller's Agent
Elizabeth Glosson
Fast Track Realty, LLC
Buyer's Agent
Casey Lipford
BenchMark REALTORS, LLC
List Price
$13,000
Sold Price
$12,650
Premium/Discount to List
-$350
-2.69%

Purchase Details

Closed on
Jan 30, 2015
Sold by
Bank Of America Na
Bought by
The Secretary Of Hud Of Washington Dc

Purchase Details

Closed on
Sep 25, 2014
Sold by
Summers Frank and Pettis Daisy
Bought by
Bank Of America Na

Purchase Details

Closed on
Nov 30, 2007
Sold by
Powell Michael R
Bought by
Summers Frank and Pettis Daisy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,529
Interest Rate
6.05%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 28, 2006
Sold by
Walden Martha A
Bought by
Powell Michael R

Purchase Details

Closed on
Mar 17, 2004
Sold by
Greer Pearl
Bought by
Walden Martha A

Purchase Details

Closed on
Sep 5, 2001
Sold by
Greer Pearl
Bought by
Greer Pearl and Walden Martha A
Source: Public Records

Range of Values:

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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
Gulledge Dora $38,000 None Available
Asrocha Tennessee Llc $37,025 Erickson Title & Closing Llc
Ironhand Llc $30,000 None Available
Woods Jeremy $26,500 None Available
Lipford Eunice $13,250 None Available
The Secretary Of Hud Of Washington Dc -- None Available
Bank Of America Na $53,197 None Available
Summers Frank $60,000 None Available
Powell Michael R $26,000 None Available
Walden Martha A -- --
Greer Pearl -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Summers Frank $59,529
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/08/2021 10/08/21 Sold $38,000 -32.0% $32 / Sq Ft
09/27/2021 09/27/21 Pending -- -- --
07/27/2021 07/27/21 For Sale $55,900 +51.0% $47 / Sq Ft
02/19/2021 02/19/21 Sold $37,025 -17.7% $31 / Sq Ft View Prior Sale
02/02/2021 02/02/21 Pending -- -- --
01/28/2021 01/28/21 For Sale $45,000 +255.7% $38 / Sq Ft
04/06/2015 04/06/15 Sold $12,650 -2.7% $11 / Sq Ft View Prior Sale
04/01/2015 04/01/15 Pending -- -- --
02/24/2015 02/24/15 For Sale $13,000 -- $11 / 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 $17,850 $2,000 $15,850
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 $317 $11,675 $1,000 $10,675
2020 $792 $10,925 $1,000 $9,925
2019 $349 $10,925 $1,000 $9,925
2018 $349 $10,925 $1,000 $9,925
2017 $357 $10,925 $1,000 $9,925
2016 $482 $11,025 $0 $0
2014 $482 $11,025 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joshua Cooper

    Seller's Agent in 2021

    Joshua Cooper

    Sowell, Realtors

    (901) 871-1204

    30 in this area

    143 Total Sales

    Joshua Cooper
    Section Image

  • M

    Seller's Agent in 2021

    Mark Saller

    Reedy Group II, LLC

    Section Image

  • T

    Buyer's Agent in 2021

    Tiffany Conley

    RE/MAX

    (901) 240-3394

    2 in this area

    12 Total Sales

    Tiffany Conley
    Section Image
  • Elizabeth Glosson

    Seller's Agent in 2015

    Elizabeth Glosson

    Fast Track Realty, LLC

    (901) 336-8103

    3 in this area

    124 Total Sales

    Elizabeth Glosson
    Section Image

  • C

    Buyer's Agent in 2015

    Casey Lipford

    BenchMark REALTORS, LLC

    1 in this area

    27 Total Sales

    Casey Lipford
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10105027

Memphis Area Association of REALTORS®

APN: 04-9010-0-0009

Tennessee Shelby County Memphis 38106 South Memphis

517 E Gage Ave, Memphis, TN

This home is located at 517 E Gage Ave, Memphis, TN 38106 since 27 July 2021 and is currently estimated at $65,983, approximately $47 per square foot. This property was built in 1920. 517 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.

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