NOT LISTED FOR SALE

642 E Gage Ave Memphis, TN 38106

South Memphis Neighborhood

Estimated Value: $61,000 - $99,000

3 Beds
1 Bath
1,000-1,199 Sq Ft
$63/Sq Ft Est. Value

Last Sold April 29, 2019

Last sale price $7,000 $6 Per Sq Ft

Est. 973% increase in value since last sale

Current estimated payment $440/month

Highlights

  • Traditional Architecture
  • Some Wood Windows
  • Eat-In Kitchen
  • Wood Flooring
  • Porch
  • Combination Dining and Living Room

About This Home

As of April 2019

3 Bedroom 1 Bath Home with Huge Front porch~~Excellent opportunity to add to your portfolio~~~Being sold thru Auction Means~~~ Sold AS-IS All Cash~~BANK OF AMERICA, NA. EMPLOYEES, HOUSEHOLD MEMBERS AND HTS BUSINESS PARTNERS OF THE BANK ARE PROHIBITED FROM PURCHASING THIS PROPERTY. WHETHER DIRECTLY OR INDIRECTLY~~$ 2500 buyer premium paid at closing.

Last Agent to Sell the Property

Scott Housewirth

Crye-Leike Inc., REALTORS License #271531 Listed on: 12/31/2018

Crye-Leike Inc., REALTORS

Co-Listed By

Kim Hairrell

Crye-Leike Inc., REALTORS License #249103

Last Buyer's Agent

NON-MLS NON-BOARD AGENT

NON-MLS OR NON-BOARD OFFICE

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1923

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,083 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Window Treatments
  • Combination Dining and Living Room
  • Eat-In Kitchen

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Heating System Mounted To A Wall or Window
  • Cable TV Available

Community Details

  • South Side Highlands Blk 225 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 049056 00023

Home Details

Home Type

Single Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: SOUTH SIDE HIGHLANDS BLK 225
  • List Price Per Sq Ft: 12
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1083
  • Year Built: 1923
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Vinyl Floor
  • Full Bathrooms: 1
  • Equipment: Cable Available
  • Living Dining Kitchen: LR/DR Combination, Eat-In Kitchen
  • Misc Interior: All Window Treatments

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Wood/Composition, Wood Window(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Heating: Wall Unit
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Level
  • Lot Number: 17
  • Acreage: 0.17
  • Lot Size: 50 X 150

Tax Info

  • Assessor Parcel Number: 049056 00023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 23, 2020
Sold by
Carodine Martin
Bought by
Young Brothers Llc
Current Estimated Value
$75,131

Purchase Details

Listed on
Dec 31, 2018
Closed on
Apr 9, 2019
Sold by
Bank Of America Na
Bought by
Carodine Martin Luther
Seller's Agent
Scott Housewirth
Crye-Leike Inc., REALTORS
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$12,500
Sold Price
$7,000
Premium/Discount to List
-$5,500
-44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.07%

Purchase Details

Closed on
Dec 10, 2018
Sold by
Porter Deborah F and Porter Greogrey D
Bought by
Bank Of America N A

Purchase Details

Closed on
Aug 31, 2007
Sold by
Anderson Rhoda
Bought by
Porter Deborah F

Purchase Details

Closed on
Feb 13, 2007
Sold by
Humphrey Ruby J
Bought by
Hud

Purchase Details

Closed on
Jun 5, 1996
Sold by
Citizens Bank Marion Arkansas
Bought by
Harris Investment Co Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
7.94%
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
Young Brothers Llc -- None Available
Carodine Martin Luther $7,000 Title365
Bank Of America N A $9,000 None Available
Porter Deborah F -- None Available
Hud $44,400 None Available
Harris Investment Co Inc $14,250 Mid South Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Harris Investment Co Inc $24,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2019 04/29/19 Sold $7,000 -44.0% $7 / Sq Ft
03/08/2019 03/08/19 For Sale $12,500 0.0% $13 / Sq Ft
03/08/2019 03/08/19 Price Changed $12,500 -16.1% $13 / Sq Ft
02/19/2019 02/19/19 Pending -- -- --
01/25/2019 01/25/19 Price Changed $14,900 -14.9% $15 / Sq Ft
12/31/2018 12/31/18 For Sale $17,500 -- $18 / 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 -- $13,400 $2,000 $11,400
2024 -- $9,150 $1,000 $8,150
2023 $557 $9,150 $1,000 $8,150
2022 $557 $9,150 $1,000 $8,150
2021 $248 $9,150 $1,000 $8,150
2020 $621 $8,575 $1,000 $7,575
2019 $274 $8,575 $1,000 $7,575
2018 $274 $8,575 $1,000 $7,575
2017 $281 $8,575 $1,000 $7,575
2016 $365 $8,350 $0 $0
2014 $365 $8,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Scott Housewirth

    Seller's Agent in 2019

    Scott Housewirth

    Crye-Leike

    (901) 592-7834

    8 in this area

    206 Total Sales

    Scott Housewirth
    Section Image
  • Kim Hairrell

    Seller Co-Listing Agent in 2019

    Kim Hairrell

    Crye-Leike

    (901) 644-3535

    7 in this area

    189 Total Sales

    Kim Hairrell
    Section Image

  • N

    Buyer's Agent in 2019

    NON-MLS NON-BOARD AGENT

    NON-MLS OR NON-BOARD OFFICE

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10043120

Memphis Area Association of REALTORS®

APN: 04-9056-0-0023

Tennessee Shelby County Memphis 38106 South Memphis

642 E Gage Ave, Memphis, TN

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