586 Gainsville Ave Memphis, TN 38109
Westwood Neighborhood
3
Beds
1
Bath
1,200-1,399
Sq Ft
0.3
Acres
Highlights
- Some Wood Windows
- 1 Car Attached Garage
- Burglar Security System
- Porch
- Eat-In Kitchen
- Tile Flooring
About This Home
As of May 2024For sale by Owner
Last Agent to Sell the Property
Crye-Leike, Inc., REALTORS License #263788 Listed on: 09/28/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $483
Year Built
- Built in 1968
Lot Details
- 0.3 Acre Lot
- Lot Dimensions are 61x215
- Few Trees
Home Design
- Slab Foundation
- Composition Shingle Roof
Interior Spaces
- 1,200-1,399 Sq Ft Home
- 1,270 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Some Wood Windows
- Washer and Dryer Hookup
Kitchen
- Eat-In Kitchen
- Oven or Range
- Gas Cooktop
- Dishwasher
- Disposal
Flooring
- Partially Carpeted
- Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Home Security
- Burglar Security System
- Fire and Smoke Detector
- Iron Doors
Parking
- 1 Car Attached Garage
- Driveway
Outdoor Features
- Outdoor Storage
- Porch
Utilities
- Central Heating and Cooling System
- Window Unit Cooling System
- Heating System Uses Gas
- Gas Water Heater
- Cable TV Available
Community Details
- Indian Hills Subdivision
Listing and Financial Details
- Assessor Parcel Number 075087 00244
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 23, 2023
Closed on
Apr 22, 2024
Sold by
Nguyen-Au Kelly
Bought by
Happy Homes Of Tennessee Llc
Seller's Agent
Preston Butts
Coldwell Banker Collins-Maury
Buyer's Agent
Alissa Dunn
Coldwell Banker Collins-Maury
List Price
$129,000
Sold Price
$90,000
Premium/Discount to List
-$39,000
-30.23%
Views
39
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,351
Avg. Annual Appreciation
2.28%
Original Mortgage
$72,000
Outstanding Balance
$71,173
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$21,523
Purchase Details
Listed on
Sep 28, 2023
Closed on
Sep 8, 2023
Sold by
Redden Sonja Brown and Brown Norman Laderis
Bought by
Nguyen-Au Kelly
Seller's Agent
Landra Pryor
Crye-Leike, Inc., REALTORS
Buyer's Agent
Landra Pryor
Crye-Leike, Inc., REALTORS
List Price
$62,000
Sold Price
$62,000
Views
27
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
88.07%
Purchase Details
Closed on
Dec 4, 2022
Sold by
Brown Bobbie
Bought by
Brown Bobbie and Brown-Redden Sonja
Similar Homes in Memphis, TN
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $90,000 | None Listed On Document | |
| Warranty Deed | $62,000 | Realty Title & Escrow | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $72,000 | New Conventional | |
| Previous Owner | $12,000 | Credit Line Revolving | |
| Previous Owner | $35,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $25,458 | Unknown | |
| Previous Owner | $28,812 | Unknown | |
| Previous Owner | $24,000 | Unknown | |
| Previous Owner | $20,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/01/2024 05/01/24 | Sold | $90,000 | -9.9% | $75 / Sq Ft |
| 03/27/2024 03/27/24 | Pending | -- | -- | -- |
| 03/13/2024 03/13/24 | Price Changed | $99,900 | -22.6% | $83 / Sq Ft |
| 12/23/2023 12/23/23 | For Sale | $129,000 | +108.1% | $108 / Sq Ft |
| 09/28/2023 09/28/23 | Sold | $62,000 | 0.0% | $52 / Sq Ft |
| 09/28/2023 09/28/23 | For Sale | $62,000 | -- | $52 / Sq Ft |
Source: Memphis Area Association of REALTORS®
Tax History Compared to Growth
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 | $483 | $23,650 | $2,575 | $21,075 |
| 2024 | $483 | $14,250 | $2,075 | $12,175 |
| 2023 | $868 | $14,250 | $2,075 | $12,175 |
| 2022 | $868 | $14,250 | $2,075 | $12,175 |
| 2021 | $492 | $14,250 | $2,075 | $12,175 |
| 2020 | $725 | $10,000 | $2,075 | $7,925 |
| 2019 | $320 | $10,000 | $2,075 | $7,925 |
| 2018 | $320 | $10,000 | $2,075 | $7,925 |
| 2017 | $327 | $10,000 | $2,075 | $7,925 |
| 2016 | $467 | $10,675 | $0 | $0 |
| 2014 | $467 | $10,675 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Preston Butts
P
Seller's Agent in 2024
Preston Butts
Coldwell Banker Collins-Maury
(901) 259-8550
1 in this area
8 Total Sales
-
Alissa Dunn
Buyer's Agent in 2024
Alissa Dunn
Coldwell Banker Collins-Maury
(901) 218-7953
3 in this area
44 Total Sales
-
Landra Pryor
Seller's Agent in 2023
Landra Pryor
Crye-Leike
(901) 314-5653
3 in this area
57 Total Sales
Map
Source: Memphis Area Association of REALTORS®
MLS Number: 10157784
APN: 07-5087-0-0244
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