NOT LISTED FOR SALE

616 E Frank Ave Memphis, TN 38106

South Memphis Neighborhood

Estimated Value: $73,000 - $96,752

3 Beds
2 Baths
1,000-1,199 Sq Ft
$71/Sq Ft Est. Value

Last Sold October 03, 2019

Last sale price $35,500 $30 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $544/month

Highlights

  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Patio
  • Wood Flooring
  • Great Room
  • Central Heating and Cooling System

About This Home

As of October 2019

Combo box on property. Call CSS to schedule all showings. Easy to show.

Last Agent to Sell the Property

Jennifer Carstensen

Real Estate Agency License #317824 Listed on: 08/30/2019

Last Buyer's Agent

Terry White

Advantage Property Management License #308753

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 6,534 Sq Ft Lot
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,115 Sq Ft Home
  • 1.2-Story Property
  • Great Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • Longview Heights 2Nd Additon Blk 248 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 049048 00014

Home Details

Home Type

Single Family

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 #: 747E
  • MAAR Subdivision Name: LONGVIEW HEIGHTS 2ND ADD BLK 248
  • List Price Per Sq Ft: 36
  • Number Of Stories: 1.2
  • Price Per Sq Ft: 31.84
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1115
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Great Room
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Level
  • Lot Number: 14
  • Acreage: 0.15
  • Lot Size: 60/62.96 X 100/119.1
  • Price Per Acre: 266667

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 049048 00014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 9, 2023
Sold by
Memphis Investment Properties Iv Llc
Bought by
Esplin John Wayne and Esplin Sandra Dee
Current Estimated Value
$85,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
5.25%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 9, 2023
Sold by
United Southern Bank
Bought by
Memphis Investment Properties Iv Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
5.25%
Mortgage Type
Construction

Purchase Details

Listed on
Aug 30, 2019
Closed on
Nov 22, 2019
Sold by
White Terry and Campbell Ashley
Bought by
United Southern Bank and Eric H Coe S Ira
Seller's Agent
Jennifer Carstensen
Real Estate Agency
Buyer's Agent
Terry White
Advantage Property Management
List Price
$40,000
Sold Price
$35,500
Premium/Discount to List
-$4,500
-11.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.54%

Purchase Details

Listed on
Aug 30, 2019
Closed on
Sep 30, 2019
Sold by
Birchfield Jesse William and Birchfield Merry Helena
Bought by
Campbell Ashley S and White Terry
Seller's Agent
Jennifer Carstensen
Real Estate Agency
Buyer's Agent
Terry White
Advantage Property Management
List Price
$40,000
Sold Price
$35,500
Premium/Discount to List
-$4,500
-11.25%

Purchase Details

Closed on
Feb 4, 2016
Sold by
Rei Properties Llc
Bought by
Everest Merry and Bjoraker Jesse

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,200
Interest Rate
4.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 25, 2013
Sold by
Gp Memphis Cashflow
Bought by
Rei Properties Llc

Purchase Details

Closed on
Sep 19, 2013
Sold by
Buls Robert B and Buls Elizabeth
Bought by
Gp Memphis Cash Flow

Purchase Details

Closed on
Jan 29, 2009
Sold by
Sure Thing Builders Lp
Bought by
Buls Robert and Buls Elizabeth

Purchase Details

Closed on
Nov 13, 2008
Sold by
The Bank Of New York
Bought by
Sure Thing Builders Lp

Purchase Details

Closed on
May 2, 2008
Sold by
Campbell Elijah and Campbell Sylvia C
Bought by
The Bank Of New York and Eqcc Asset Backed Certificates Series 20
Source: Public Records

Range of Values:

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Average Value
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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
Esplin John Wayne $1,144,100 Delta Title Services
Memphis Investment Properties Iv Llc $400,000 Delta Title Services
United Southern Bank $69,000 None Available
Campbell Ashley S $58,000 Title Assurance & Escrow Inc
Everest Merry $44,200 Saddle Creek Title Llc
Rei Properties Llc $29,400 Saddle Creek Title Llc
Gp Memphis Cash Flow $7,000 None Available
Buls Robert $58,000 None Available
Sure Thing Builders Lp $10,500 Signature Title Llc
The Bank Of New York $18,276 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Memphis Investment Properties Iv Llc $540,000
Previous Owner Everest Merry $9,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2019 10/03/19 Sold $35,500 -11.3% $36 / Sq Ft
09/19/2019 09/19/19 Pending -- -- --
08/30/2019 08/30/19 For Sale $40,000 -- $40 / 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 -- $26,050 $2,000 $24,050
2024 -- $18,925 $1,000 $17,925
2023 $1,153 $18,925 $1,000 $17,925
2022 $1,153 $18,925 $1,000 $17,925
2021 $1,166 $18,925 $1,000 $17,925
2020 $737 $10,175 $1,000 $9,175
2019 $325 $10,175 $1,000 $9,175
2018 $325 $10,175 $1,000 $9,175
2017 $333 $10,175 $1,000 $9,175
2016 $550 $12,575 $0 $0
2014 $550 $12,575 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Carstensen

    Seller's Agent in 2019

    Jennifer Carstensen

    Real Estate Agency

    (901) 201-0280

    337 Total Sales

    Jennifer Carstensen
    Section Image

  • T

    Buyer's Agent in 2019

    Terry White

    Advantage Property Management

    (901) 568-9996

    2 in this area

    37 Total Sales

    Terry White
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10060869

Memphis Area Association of REALTORS®

APN: 04-9048-0-0014

Tennessee Shelby County Memphis 38106 South Memphis

616 E Frank Ave, Memphis, TN

This home is located at 616 E Frank Ave, Memphis, TN 38106 since 30 August 2019 and is currently estimated at $85,438, approximately $71 per square foot. This property was built in 1950. 616 E Frank Ave is a home located in Shelby County with nearby schools including A. B. Hill Elementary School, Riverview Middle 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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