NOT LISTED FOR SALE

96 E Gage Ave Memphis, TN 38109

South Memphis Neighborhood

Estimated Value: $48,000 - $93,000

2 Beds
1 Bath
1,508 Sq Ft
$53/Sq Ft Est. Value

Last Sold October 28, 2016

Last sale price $16,000 $11 Per Sq Ft

Est. 481% increase in value since last sale

Current estimated payment $506/month

81 Days on Market

Highlights

  • Traditional Architecture
  • Brick Veneer
  • Partially Carpeted
  • Separate Formal Living Room
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of October 2016

Original duplex with separate meters that was converted to SFD and available AS-IS for conversion back to duplex. Needs extensive updating.

Last Agent to Sell the Property

Rob Stone

Real Estate Professionals, LLC License #221677 Listed on: 08/05/2016

Last Buyer's Agent

Claudia Smith

The Regal Group License #264511

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1967

Lot Details

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

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Veneer

Interior Spaces

  • 1,508 Sq Ft Home
  • 1-Story Property
  • Aluminum Window Frames
  • Separate Formal Living Room

Flooring

  • Partially Carpeted
  • Vinyl

Utilities

  • Central Heating and Cooling System
  • Cooling System Powered By Gas
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • New South Memphis Blk 15 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 050070 00022

Property Details

Home Type

Multi-Family

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Second Address Number: 98 E.
  • MAAR Subdivision Name: NEW SOUTH MEMPHIS BLK 15
  • Freestanding: Yes
  • List Price Per Sq Ft: 17
  • Number Of Stories: 1
  • Estimated Sq Ft: 1508
  • Year Built: 1967
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Part Carpet, Vinyl Floor

Exterior Features

  • Exterior Windows: Brick Veneer, Aluminum Window(s)

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Cooling: Central Cooling, Gas Cooling
  • Heating: Central, Gas
  • Hot Water: Gas

Lot Info

  • Lot Number: 18
  • Acreage: 0.17
  • Lot Size: 50 X 150

Tax Info

  • Assessor Parcel Number: 050070 00022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2016
Closed on
Oct 28, 2016
Sold by
Bayview Loan Servicing Llc
Bought by
Webb Mary
Seller's Agent
Rob Stone
Real Estate Professionals, LLC
Buyer's Agent
Claudia Smith
The Regal Group
List Price
$29,900
Sold Price
$16,000
Premium/Discount to List
-$13,900
-46.49%
Current Estimated Value
$92,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,947
Avg. Annual Appreciation
18.99%

Purchase Details

Closed on
Aug 10, 2006
Sold by
Robinson Augustine and Robinson Edgar
Bought by
Bayview Loan Servicing Llc

Purchase Details

Closed on
May 16, 1997
Sold by
Dan Walter Co Llc
Bought by
Robinson Edgar and Robinson Augustine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,100
Interest Rate
8.17%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 25, 1997
Sold by
Walter Louis and Barrach Andrea Joy Walter
Bought by
Dan Walter Co Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,100
Interest Rate
8.17%
Mortgage Type
Seller Take Back
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
Webb Mary $16,000 Chicago Title
Bayview Loan Servicing Llc $11,340 None Available
Robinson Edgar $30,000 --
Robinson Edgar $30,000 --
Dan Walter Co Llc -- --
Dan Walter Co Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Robinson Edgar $27,100
Closed Robinson Edgar $400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2016 10/28/16 Sold $16,000 -46.5% $11 / Sq Ft
10/25/2016 10/25/16 Pending -- -- --
08/05/2016 08/05/16 For Sale $29,900 -- $20 / 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 $241 $12,375 $1,250 $11,125
2024 $241 $7,100 $1,000 $6,100
2023 $433 $7,100 $1,000 $6,100
2022 $433 $7,100 $1,000 $6,100
2021 $438 $7,100 $1,000 $6,100
2020 $471 $6,500 $1,000 $5,500
2019 $471 $6,500 $1,000 $5,500
2018 $471 $6,500 $1,000 $5,500
2017 $267 $6,500 $1,000 $5,500
2016 $321 $7,350 $0 $0
2014 $321 $7,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2016

    Rob Stone

    Real Estate Professionals, LLC

    Section Image

  • C

    Buyer's Agent in 2016

    Claudia Smith

    The Regal Group

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9983551

Memphis Area Association of REALTORS®

APN: 05-0070-0-0022

Tennessee Shelby County Memphis 38109 South Memphis

96 E Gage Ave, Memphis, TN

Not Listed for Sale

MultiFamily

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