NOT LISTED FOR SALE

547 E Frank Ave Memphis, TN 38106

South Memphis Neighborhood

Estimated Value: $69,000 - $102,000

5 Beds
1 Bath
1,200-1,399 Sq Ft
$58/Sq Ft Est. Value

Last Sold March 24, 2023

Last sale price $75,000 $54 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $455/month

7 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Central Heating and Cooling System
  • Wood Flooring
  • Brick Veneer
  • Dining Room

About This Home

As of March 2023

CALLING ALL INVESTORS!! LOOKING TO PICK UP SOME GREAT PROPERTIES IN MEMPHIS WITH IMMEDIATE CASH FLOW?? THERE ARE A TOTAL OF 7 SINGLE FAMILY HOMES AVAILABLE FOR SALE AS A PACKAGE OR SOLD INDIVIDUALLY. THIS HOME IS CURRENTLY OCCUPIED WITH A LONG TERM TENANT at $815 MONTH. NEW ROOF AND SOME EXTERIOR REPAIRS WERE RECENTLY COMPLETED. PLEASE DO NOT DISTURB THE TENANT, DRIVE BY AND SUBMIT YOUR OFFER SUBJECT TO INSPECTION. SHOWINGS WILL BE SET UP WITH ACCEPTABLE OFFER. BEING SOLD "AS IS"

Last Agent to Sell the Property

Tonya Mosley

Diamond Properties, Inc. License #254530 Listed on: 03/01/2023

Last Buyer's Agent

Deborah Williams

4 Success Realty, LLC License #294304

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 75x140
  • Few Trees

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,439 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Dining Room
  • Wood Flooring

Kitchen

  • Oven or Range
  • Gas Cooktop

Bedrooms and Bathrooms

  • 5 Bedrooms | 4 Main Level Bedrooms
  • 1 Full Bathroom

Home Security

  • Fire and Smoke Detector
  • Iron Doors

Parking

  • 1 Parking Space
  • Driveway
  • On-Street Parking

Location

  • Ground Level

Utilities

  • Central Heating and Cooling System
  • Window Unit Cooling System
  • Heating System Uses Gas

Community Details

  • Longview Heights 2Nd Addition Blk 239 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 049013 00010

Home Details

Home Type

Single Family

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Attached Unit Type: First Floor Flat
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: LONGVIEW HEIGHTS 2ND ADD BLK 239
  • List Price Per Sq Ft: 52
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1439
  • Year Built: 1947
  • 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: 5
  • Bedrooms Down: 4
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Gas Cooking
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room
  • Misc Interior: Smoke Detector(s)
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad, On-Street Parking

Utilities

  • Cooling: Central, Window Unit(s)
  • Heating: Central, Gas

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 14
  • Acreage: 0.24
  • Lot Size: 75X140

Tax Info

  • Assessor Parcel Number: 049013 00010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2023
Closed on
Mar 23, 2023
Sold by
Sterling Om Llc
Bought by
Anderson Darrell and Anderson Tamara
Seller's Agent
Tonya Mosley
Diamond Properties, Inc.
Buyer's Agent
Deborah Williams
4 Success Realty, LLC
List Price
$75,500
Sold Price
$75,000
Premium/Discount to List
-$500
-0.66%
Views
3
Current Estimated Value
$80,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,714
Avg. Annual Appreciation
2.67%

Purchase Details

Listed on
Oct 3, 2012
Closed on
Oct 23, 2012
Sold by
Lipford Eunice
Bought by
Lott James G and Lott Shane
Seller's Agent
Casey Lipford
BenchMark REALTORS, LLC
Buyer's Agent
Casey Lipford
BenchMark REALTORS, LLC
List Price
$35,000
Sold Price
$34,000
Premium/Discount to List
-$1,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.86%

Purchase Details

Listed on
Oct 3, 2012
Closed on
Oct 11, 2012
Sold by
Lott Shane and Lott James
Bought by
Sterling Om Llc
Seller's Agent
Casey Lipford
BenchMark REALTORS, LLC
Buyer's Agent
Casey Lipford
BenchMark REALTORS, LLC
List Price
$35,000
Sold Price
$34,000
Premium/Discount to List
-$1,000
-2.86%

Purchase Details

Listed on
Oct 3, 2012
Closed on
Sep 11, 2012
Sold by
Armstrong John L and Armstrong Mary L
Bought by
Lipford Eunice
Seller's Agent
Casey Lipford
BenchMark REALTORS, LLC
Buyer's Agent
Casey Lipford
BenchMark REALTORS, LLC
List Price
$35,000
Sold Price
$34,000
Premium/Discount to List
-$1,000
-2.86%
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
Anderson Darrell $75,000 Preferred Title
Lott James G $34,000 --
Sterling Om Llc -- None Available
Lipford Eunice $14,000 Preferred Title & Escrow Llc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/24/2023 03/24/23 Sold $75,000 -0.7% $63 / Sq Ft
03/08/2023 03/08/23 Pending -- -- --
03/01/2023 03/01/23 For Sale $75,500 +122.1% $63 / Sq Ft
10/11/2012 10/11/12 Sold $34,000 -2.9% $21 / Sq Ft View Prior Sale
10/03/2012 10/03/12 Pending -- -- --
10/03/2012 10/03/12 For Sale $35,000 +150.0% $22 / Sq Ft
09/11/2012 09/11/12 Sold $14,000 -6.7% $10 / Sq Ft View Prior Sale
08/30/2012 08/30/12 Pending -- -- --
08/22/2012 08/22/12 For Sale $15,000 -- $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 $406 $19,775 $2,000 $17,775
2024 $406 $11,975 $1,000 $10,975
2023 $729 $11,975 $1,000 $10,975
2022 $729 $11,975 $1,000 $10,975
2021 $738 $11,975 $1,000 $10,975
2020 $812 $11,200 $1,000 $10,200
2019 $812 $11,200 $1,000 $10,200
2018 $812 $11,200 $1,000 $10,200
2017 $460 $11,200 $1,000 $10,200
2016 $481 $11,000 $0 $0
2014 $481 $11,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2023

    Tonya Mosley

    Diamond Properties, Inc.

    (901) 691-9878

    3 in this area

    24 Total Sales

    Tonya Mosley
    Section Image

  • D

    Buyer's Agent in 2023

    Deborah Williams

    4 Success Realty, LLC

    (901) 359-6968

    5 in this area

    161 Total Sales

    Deborah Williams
    Section Image
  • Cassandra Bell-Warren

    Seller's Agent in 2012

    Cassandra Bell-Warren

    4 Success Realty, LLC

    (981) 859-8562

    13 in this area

    129 Total Sales

    Cassandra Bell-Warren
    Section Image

  • C

    Seller's Agent in 2012

    Casey Lipford

    BenchMark REALTORS, LLC

    1 in this area

    26 Total Sales

    Casey Lipford
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10142987

Memphis Area Association of REALTORS®

APN: 04-9013-0-0010

Tennessee Shelby County Memphis 38106 South Memphis

547 E Frank Ave, Memphis, TN

Not Listed for Sale

Detached

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