Check Availability
$40,000
↓ $5K (11.1%)
House - For Sale

260 W FRANK

Memphis, TN 38109
bedrooms
3 Beds
bathrooms
2 Baths
$234
Estimated Monthly
$0
HOA / Fees
37.90%
Cap Rate

About This Property

Investor Special! Priced to reflect its current condition, this property provides a unique chance for savvy investors to acquire real estate at a fraction of the market value. With strategic planning and thoughtful renovations, the return on investment could be substantial.
Unit Size
-
Days on Market
59 days
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$37
HOA Dues
-
Year Built
1913
Listed By
Last updated: 2 months ago (MAARTN #10166289)

Price History

Date / Event Date Event Price
Mar 12, 2024 Price Decreased $40,000
↓ $5K (11.1%)
Price Decreased
Feb 20, 2024 Listed by KELLER WILLIAMS® $45,000
Listed by KELLER WILLIAMS®
Apr 3, 2019 No longer available -
No longer available
Sep 17, 2018 Listed $13,000
Listed
CONTRACT FAILED!! *****PRICE REDUCTION******GREAT INVESTMENT PROPERTY! 3 BEDROOMS AND 2 BATHS! HOME HAS CENTRAL HEAT AND AIR! IN NEED OF SOME REPAIRS! GOOD RENTAL OPPORTUNITY! *****BRING OFFERS*****

Property Highlights

Interior Details

Interior Information

Security System

Building Info

Overview

    General

  • Year Built: 1913
  • Effective Year Built: 1913
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,475
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,160
  • Gross Building Area: 1,160
  • Building Area: 1,160
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,160
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: RIVERSIDE PARK
  • Land Acres: 0.172
  • Legal Description 1: NS WEST FRANK SIZE CHANGE PER GE2461-96 BAL TO ST

Ownership

  • Current Owner : CASTILLO RACHEL
  • Previous Owner : GIGGER SAMUEL
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: unknown
  • Vacant Flag Date: Jun 22, 2023

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 005300

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MB 8-102
  • District: O
  • Parcel: 05-0009-0-0018
  • Lot: 181
  • Municipality: MEMPHIS
  • Latitude: 35.091
  • Longitude: -90.0715

    Address

  • Full Address: 260 W Frank Ave
  • Address - House Number: 260
  • Street Direction: W
  • Address - Street Name: Frank
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C083
  • 4-Digit Zip Code: 7807
  • Zip Code: 38109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $442

    Appraisal Valuation

  • Standard Deviation: 0.459
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 8
  • Final Value: 13,547
  • High Value: 19,765
  • Low Value: 7,328

    Market Valuation

  • Market Total Value: $29,000
  • Market Land Value: $3,500
  • Market Improvement Value: $25,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $7,250
  • Assessed Land Value: $875
  • Assessed Improvements Value: $6,375

    Sales

  • Current Sale Contract Date: Nov 23, 2020
  • Current Sale Recording Date: Dec 02, 2020
  • Current Sale Transaction ID: 11803371214
  • Current Sale Price: $12,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 20133542

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
1 Bath
-
$49,000 Feb 1, 2024
-
$33/mo

About South Memphis Planning Dist


Similar Homes for Sale

Unit for sale at 2011 Benford Street, Memphis, TN 38109

$49,000

  • 2 Beds
  • 1 Bath
2011 Benford Street, Memphis, TN 38109 Listing by Michael Valenza

Nearby Rentals

Unit for rent at 132 Majuba Avenue, Memphis, TN, 38109

$1,395 /mo

  • 3 Beds
  • 1 Bath
  • 1,290 ft²
132 Majuba Avenue, Memphis, TN, 38109 Listing by Manager


Frequently Asked Questions

When was property at 260 West Frank Avenue built and last sold?
The property at 260 West Frank Avenue was built in 1913 and last sold on Nov 23, 2020 for $12,000.
How much is this home worth?
The estimated value of the home located at 260 West Frank Avenue is $40,400.
What are some comparable homes to 260 West Frank Avenue?
Homes that are comparable to 260 West Frank Avenue include a house property at 2011 Benford Street, located in Memphis, TN.

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