NOT LISTED FOR SALE

60 W Frank Ave Memphis, TN 38109

South Memphis Neighborhood

Estimated Value: $55,000 - $70,211

2 Beds
2 Baths
1,325 Sq Ft
$48/Sq Ft Est. Value

Last Sold June 30, 2014

Last sale price $2,500 $2 Per Sq Ft

Est. 2,732% increase in value since last sale

Current estimated payment $406/month

93 Days on Market

Highlights

  • Traditional Architecture
  • Den
  • 1-Story Property
  • Separate Formal Living Room
  • Some Wood Windows

About This Home

As of June 2014

AS IS SALE-NEEDS EXTENSIVE INT/EXT REPAIRS-WILL NOT FINANCE FHA/VA-KEY BOX ON GAS METER-NO ELECTRIC METER ON SITE-HOUSE IS BOARDED-EM 1500/CRT FUNDS-EMAIL OFFER TO AGENT AND HAVE POF AS SEPARATE ATTCHMNT-SELR WILL REVIEW OFRS APPX 10 DAYS FROM LIST DATE.

Last Agent to Sell the Property

Tony Sansone

The Carter Group LLC, REALTORS License #281921 Listed on: 03/24/2014

Last Buyer's Agent

Vatresa Word

Delta Realty Group LLC License #263209

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $174

Year Built

  • Built in 1950

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • Chain Link Fence

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,325 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Separate Formal Living Room
  • Den

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Community Details

  • New South Memphis Blk 28 Subdivision
  • The community has rules related to allowing corporate owners

Listing and Financial Details

  • Assessor Parcel Number 050039 00023

Home Details

Home Type

Single Family

Est. Annual Taxes

$174

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 747C
  • MAAR Subdivision Name: NEW SOUTH MEMPHIS BLK 28
  • Corporate Own: Yes
  • Freestanding: Yes
  • List Price Per Sq Ft: 2
  • Number Of Stories: 1
  • Price Per Sq Ft: 1.89
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1325
  • Year Built: 1950
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Den
  • Total Bathrooms: 2

Exterior Features

  • Exterior Windows: Brick Veneer, Wood/Composition
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Chain Fenced
  • Lot Number: 23
  • Acreage: 0.17
  • Lot Size: 50 X 150
  • Price Per Acre: 14706

Multi Family

  • Number Of Rooms: 4

Tax Info

  • Assessor Parcel Number: 050039 00023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2014
Closed on
Jun 25, 2014
Sold by
Deutsche Bank National Trust Co
Bought by
Mdm Investments Of Memphis Llc
Seller's Agent
Tony Sansone
The Carter Group LLC, REALTORS
Buyer's Agent
Vatresa Word
Delta Realty Group LLC
List Price
$17,500
Sold Price
$2,500
Premium/Discount to List
-$15,000
-85.71%
Current Estimated Value
$70,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,302
Avg. Annual Appreciation
35.31%

Purchase Details

Closed on
Jan 23, 2006
Sold by
Campbell Henry
Bought by
Deutsche Bank National Trust Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
8.62%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jun 17, 2003
Sold by
Household Financial Center Inc
Bought by
Patton Ralph Anthony and Patton Diane S

Purchase Details

Closed on
Aug 19, 2002
Sold by
Davis Rannie
Bought by
Household Financial Center Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,739
Interest Rate
6.62%
Mortgage Type
Unknown
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
Mdm Investments Of Memphis Llc $2,500 Signature Title Llc
Deutsche Bank National Trust Company $25,000 None Available
Campbell Henry $65,000 None Available
Patton Ralph Anthony $19,000 West Tn Title Ins Agency
Household Financial Center Inc $45,120 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Campbell Henry $65,000
Previous Owner Davis Rannie $59,739
Previous Owner Davis Rannie $59,739
Previous Owner Davis Rannie $35,098
Previous Owner Davis Rannie $13,848
Previous Owner Davis Rannie $7,098
Previous Owner Davis Rannie $35,098
Previous Owner Davis Rannie $35,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2014 06/30/14 Sold $2,500 -85.7% $2 / Sq Ft
06/25/2014 06/25/14 Pending -- -- --
03/24/2014 03/24/14 For Sale $17,500 -- $13 / 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 $174 $8,800 $1,250 $7,550
2024 $174 $5,125 $1,000 $4,125
2023 $312 $5,125 $1,000 $4,125
2022 $312 $5,125 $1,000 $4,125
2021 $316 $5,125 $1,000 $4,125
2020 $319 $4,400 $1,000 $3,400
2019 $319 $4,400 $1,000 $3,400
2018 $319 $4,400 $1,000 $3,400
2017 $181 $4,400 $1,000 $3,400
2016 $200 $4,575 $0 $0
2014 $200 $4,575 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2014

    Tony Sansone

    The Carter Group LLC, REALTORS

    Section Image

  • V

    Buyer's Agent in 2014

    Vatresa Word

    Delta Realty Group LLC

    (901) 453-0677

    16 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3293187

Memphis Area Association of REALTORS®

APN: 05-0039-0-0023

Tennessee Shelby County Memphis 38109 South Memphis

60 W Frank Ave, Memphis, TN

This home is located at 60 W Frank Ave, Memphis, TN 38109 since 24 March 2014 and is currently estimated at $63,553, approximately $47 per square foot. This property was built in 1950. 60 W Frank Ave is a home located in Shelby County with nearby schools including Riverview Middle School, Hamilton High School, and Memphis Scholars Florida Kansas.

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