NOT LISTED FOR SALE

685 E Gage Ave Memphis, TN 38106

South Memphis Neighborhood

Estimated Value: $62,000 - $98,000

3 Beds
1.5 Baths
1,200-1,399 Sq Ft
$55/Sq Ft Est. Value

Last Sold April 15, 2017

Last sale price $19,800 $14 Per Sq Ft

Est. 290% increase in value since last sale

Current estimated payment $436/month

29 Days on Market

Highlights

  • 1 Fireplace
  • Some Wood Windows
  • Bungalow
  • Separate Formal Living Room
  • Patio
  • Tile Flooring

About This Home

As of April 2017

Currently rented at $625 per month. DO NOT DISTURB TENANTS Features: 1,340± s.f. 3 Bedroom 1 Bath Built 1920 Central Heat & Air Property to be sold at AUCTION. List price is for search purposes only. The sales price will be determined by the high bid at the auction. To be Auctioned March 30. 2017 at 12:00 noon from the Morris Auction Gallery located at 2133 Whitten Rd Memphis, TN 38133.

Last Agent to Sell the Property

Skip Miller

Morris Realty & Auction, LLC License #291138 Listed on: 03/01/2017

Co-Listed By

Jeff Morris

Morris Realty & Auction, LLC License #203509

Last Buyer's Agent

Jeff Morris

Morris Realty & Auction, LLC License #203509

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

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

Home Design

  • Bungalow
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,538 Sq Ft Home
  • 1-Story Property
  • Popcorn or blown ceiling
  • 1 Fireplace
  • Some Wood Windows
  • Separate Formal Living Room
  • Dining Room
  • Washer and Dryer Hookup

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 2 Parking Spaces
  • Driveway

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • South Side Highlands Blk 217 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 049059 00012

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Bungalow
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: SOUTH SIDE HIGHLANDS BLK 217
  • List Price Per Sq Ft: 26
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1538
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down, Primary Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 2, Shared Bath, Carpet
  • Bedroom 3 Description: Level 1, Shared Bath, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wall to Wall Carpet, Tile, Sprayed Ceiling
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Washer/Dryer Connections
  • Number Of Fireplaces: 1
  • P R I M A R Y B E D R O O M: Level 1, Carpet

Exterior Features

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

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Level
  • Lot Number: 13
  • Acreage: 0.17
  • Lot Size: 50 X 150

Tax Info

  • Assessor Parcel Number: 049059 00012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2017
Closed on
Apr 24, 2017
Sold by
Money Otto
Bought by
Turner Toney T
Seller's Agent
Skip Miller
Morris Realty & Auction, LLC
Buyer's Agent
Jeff Morris
Morris Realty & Auction, LLC
List Price
$40,000
Sold Price
$19,800
Premium/Discount to List
-$20,200
-50.5%
Current Estimated Value
$77,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,331
Avg. Annual Appreciation
16.86%

Purchase Details

Closed on
Sep 30, 2011
Sold by
Heritage Properties Inc
Bought by
Money Otto

Purchase Details

Closed on
Sep 13, 2011
Sold by
Deutsche Bank National Trust Company
Bought by
Heritage Properties Inc

Purchase Details

Closed on
Aug 4, 2011
Sold by
Price Clara A
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Aug 30, 2006
Sold by
Gibbs James C and Gibbs Francis J
Bought by
Price Clara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,850
Interest Rate
10.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 29, 2002
Sold by
Bradley E F
Bought by
Gibbs James C and Gibbs Francis J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Turner Toney T $19,900 Fidelity Title & Escrow Inc
Money Otto $29,000 Saddle Creek Title Llc
Heritage Properties Inc $6,000 Saddle Creek Title
Deutsche Bank National Trust Company $6,000 None Available
Price Clara A $66,500 Rels
Gibbs James C $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Price Clara A $59,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2017 04/15/17 Sold $19,800 -50.5% $17 / Sq Ft
03/30/2017 03/30/17 Pending -- -- --
03/01/2017 03/01/17 For Sale $40,000 -- $33 / 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 $396 $13,800 $2,000 $11,800
2024 $396 $11,675 $1,000 $10,675
2023 $711 $11,675 $1,000 $10,675
2022 $711 $11,675 $1,000 $10,675
2021 $720 $11,675 $1,000 $10,675
2020 $763 $10,525 $1,000 $9,525
2019 $763 $10,525 $1,000 $9,525
2018 $763 $10,525 $1,000 $9,525
2017 $433 $10,525 $1,000 $9,525
2016 $366 $8,375 $0 $0
2014 $366 $8,375 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Skip Miller

    Seller's Agent in 2017

    Skip Miller

    Morris Realty & Auction, LLC

    (901) 335-9519

    1 in this area

    32 Total Sales

    Skip Miller
    Section Image
  • Jeff Morris

    Seller Co-Listing Agent in 2017

    Jeff Morris

    Morris Realty & Auction, LLC

    (901) 335-9519

    1 in this area

    20 Total Sales

    Jeff Morris
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9996941

Memphis Area Association of REALTORS®

APN: 04-9059-0-0012

Tennessee Shelby County Memphis 38106 South Memphis

685 E Gage Ave, Memphis, TN

Not Listed for Sale

Detached

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