NOT LISTED FOR SALE

585 E Frank Ave Memphis, TN 38106

South Memphis Neighborhood

Estimated Value: $75,000 - $105,093

3 Beds
1 Bath
1,200-1,399 Sq Ft
$65/Sq Ft Est. Value

Last Sold May 19, 2020

Last sale price $35,000 $25 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $520/month

4 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Home Office
  • Wood Flooring
  • Bonus Room
  • Some Wood Windows

About This Home

As of May 2020

THIS IS NICE 3BD,1BA BRICK HOME WITH SPACIOUS INTERIOR AND FENCED IN BACKYARD. THIS HOME IS WITHIN 5 MINUTES OF SHOPPING AND 8 MINUTES FROM DOWNTOWN. THIS HOME IS IN MOVE IN CONDITION AND WAITING ON ITS NEW OWNER.

Last Agent to Sell the Property

Juan Brooks

Process Realty Services License #272549 Listed on: 04/20/2020

Last Buyer's Agent

Beulah Daniel

KAIZEN Realty, LLC License #280771

KAIZEN Realty, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1927

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 155
  • Wood Fence
  • Chain Link Fence
  • Level Lot

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,388 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Decorative Fireplace
  • Some Wood Windows
  • Aluminum Window Frames
  • Separate Formal Living Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Attic Access Panel
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway
  • On-Street Parking

Outdoor Features

  • Porch

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Longview Hgts 2Nd Addn Blk 240 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 049049 00004

Home Details

Home Type

Single Family

Year Built

Built in 1927

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 240
  • List Price Per Sq Ft: 25
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1388
  • Year Built: 1927
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Second Story Floor Plan: Den/Great Room, Office
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 1, Hardwood Floor
  • Bedroom 3 Description: Level 1, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Decorative Only
  • Floors/Ceilings: Hardwood Throughout, Tile, Smooth Ceiling
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Cable Wired
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Eat-In Kitchen, Pantry, Washer/Dryer Connections
  • Misc Interior: Attic Access, Smoke Detector(s), Vent Hood/Exhaust Fan
  • Number Of Fireplaces: 1
  • Other Rooms: Bonus Room, Finished Basement
  • P R I M A R Y B E D R O O M: Level 1, Hardwood Floor

Exterior Features

  • Misc Exterior: Porch, Wood Fence, Chain Fence
  • Exterior Windows: Brick Veneer, Wood/Composition, Wood Window(s), Aluminum Window(s)
  • Foundation: Full Basement
  • Roof: Composition Shingles

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Level, Wood Fenced, Chain Fenced
  • Lot Number: 5
  • Acreage: 0.17
  • Lot Size: 50 X 155

Tax Info

  • Assessor Parcel Number: 049049 00004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2021
Sold by
Lucas Delois and Lucas Eddie
Bought by
Lucas Delois
Current Estimated Value
$91,273

Purchase Details

Listed on
Apr 20, 2020
Closed on
May 19, 2020
Sold by
Haynic Scott
Bought by
Lucas Delois and Lucas Eddie
Seller's Agent
Juan Brooks
Process Realty Services
Buyer's Agent
Beulah Daniel
KAIZEN Realty, LLC
List Price
$35,000
Sold Price
$35,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.35%

Purchase Details

Listed on
Oct 31, 2018
Closed on
May 28, 2019
Sold by
Tarlet Gilles
Bought by
Haynie Scott
Seller's Agent
Dean Harris
CrestCore Realty MphsBrokerage
Buyer's Agent
Juan Brooks
Process Realty Services
List Price
$40,000
Sold Price
$25,000
Premium/Discount to List
-$15,000
-37.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.50%

Purchase Details

Closed on
Mar 15, 2017
Sold by
Craig Derrick
Bought by
Tarlet Gilles

Purchase Details

Closed on
Apr 20, 2016
Sold by
Wells Fargo Bank Na
Bought by
Craig Derrick Christopher and The Craig Solo 401K Trust

Purchase Details

Closed on
Jan 19, 2016
Sold by
Uservy Willie Edwin
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jul 22, 2011
Sold by
Lipford Eunice
Bought by
Ursery Willie Edwin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,500
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 17, 2008
Sold by
Tennessee Housing Development Agency
Bought by
Hud

Purchase Details

Closed on
May 15, 2008
Sold by
Hamer James Carl and Hamer Angela
Bought by
Tennessee Housing Development Agency

Purchase Details

Closed on
Mar 31, 1995
Bought by
Hamer James C and Hamer Angela Hamer
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lucas Delois -- Baymark T&E Svcs Llc
Lucas Delois $35,000 Baymark Tiltle & Escrow Svcs
Haynie Scott $25,000 Close Trak Closing & Ttl Svc
Tarlet Gilles $52,000 None Available
Craig Derrick Christopher $15,000 None Available
Wells Fargo Bank Na $14,430 Attorney
Ursery Willie Edwin $54,000 None Available
Hud $49,034 None Available
Tennessee Housing Development Agency $49,034 None Available
Hamer James C $48,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ursery Willie Edwin $4,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/19/2020 05/19/20 Sold $35,000 0.0% $29 / Sq Ft
04/24/2020 04/24/20 Pending -- -- --
04/20/2020 04/20/20 For Sale $35,000 +40.0% $29 / Sq Ft
06/06/2019 06/06/19 Sold $25,000 -37.3% $21 / Sq Ft View Prior Sale
02/15/2019 02/15/19 Price Changed $39,900 -0.3% $33 / Sq Ft
10/31/2018 10/31/18 For Sale $40,000 -- $33 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $540 $22,600 $2,000 $20,600
2024 $540 $15,925 $1,000 $14,925
2023 $970 $15,925 $1,000 $14,925
2022 $970 $15,925 $1,000 $14,925
2021 $981 $15,925 $1,000 $14,925
2020 $1,074 $14,825 $1,000 $13,825
2019 $474 $14,825 $1,000 $13,825
2018 $474 $14,825 $1,000 $13,825
2017 $485 $14,825 $1,000 $13,825
2016 $629 $14,400 $0 $0
2014 $629 $14,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Juan Brooks

    Seller's Agent in 2020

    Juan Brooks

    Process Realty Services

    (901) 864-4145

    6 in this area

    67 Total Sales

    Juan Brooks
    Section Image
  • Beulah Daniel

    Buyer's Agent in 2020

    Beulah Daniel

    KAIZEN Realty, LLC

    (901) 497-0680

    4 in this area

    17 Total Sales

    Beulah Daniel
    Section Image
  • Dean Harris

    Seller's Agent in 2019

    Dean Harris

    CrestCore Realty MphsBrokerage

    (901) 619-6170

    12 in this area

    1,407 Total Sales

    Dean Harris
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10075030

Memphis Area Association of REALTORS®

APN: 04-9049-0-0004

Tennessee Shelby County Memphis 38106 South Memphis

585 E Frank Ave, Memphis, TN

Not Listed for Sale

Detached

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