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642 East Gage Avenue

642 East Gage Avenue, Memphis, TN 38106
Sold Apr 30, 2019
$7,000
Sold Dec 17, 2018
$9,000
642 East Gage Avenue in Memphis, TN was first built in 1923 and is 101 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a bungalow style. It is a single story home. There are a total of 6 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 642 East Gage Avenue has 1,100 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,500. In total, the area measurement of the land is 7,500 square feet.

Learn more about the property and building on this page. There is a unknown. The home has a gable style roof made of composition shingle. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as fair. The exterior walls of the home are made of alum/vinyl siding. As for heating, the home is utilizing a forced air unit and being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 642 East Gage Avenue sold most recently in Apr 9, 2019 for a total of $7,000. If you work out the math, that's approximately a cost of $6.36 per sqft. Before that, the property was also sold for $9,000 in Dec 10, 2018. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $557 in taxes each year. 642 East Gage Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $9,150. If we break it down further, the land itself was valued at $1,000. Improvements to the property, however, were assessed at a total of $8,150. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 1923
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Fair
  • Building Quality: D
  • Building Style: Bungalow
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,100
  • Gross Building Area: 1,100
  • Building Area: 1,100
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,100
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SOUTH SIDE HIGHLANDS
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N S GAGE

Ownership

  • Current Owner : CARODINE MARTIN LUTHER
  • Previous Owner : BANK OF AMERICA NA
  • Owner Before Previous Owner: PORTER DEBORAH F
  • Owner Before Previous Owner 2: PORTER GREOGREY D
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 005600

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 04-9056-0-0023
  • Block: 225
  • Lot: 17
  • Municipality: MEMPHIS
  • Latitude: 35.0875
  • Longitude: -90.0416

    Address

  • Full Address: 642 E Gage Ave
  • Address - House Number: 642
  • Street Direction: E
  • Address - Street Name: Gage
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C046
  • 4-Digit Zip Code: 7512
  • Zip Code: 38106

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $557

    Appraisal Valuation

  • Standard Deviation: 0.2487
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 68,385
  • High Value: 85,395
  • Low Value: 51,375

    Market Valuation

  • Market Total Value: $36,600
  • Market Land Value: $4,000
  • Market Improvement Value: $32,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $9,150
  • Assessed Land Value: $1,000
  • Assessed Improvements Value: $8,150

    Sales

  • Current Sale Contract Date: Apr 09, 2019
  • Current Sale Recording Date: Apr 30, 2019
  • Current Sale Transaction ID: 11602080777
  • Current Sale Price: $7,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 19041694
  • Previous Sale Recording Date: Dec 17, 2018
  • Previous Sale Contract Date: Dec 10, 2018
  • Previous Sale Amount: $9,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

About South Memphis Planning Dist



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Frequently Asked Questions

What neighborhood is 642 East Gage Avenue located in?
The 642 East Gage Avenue is a house located in the neighborhood of Longview Heights Civic Club in South Memphis Planning Dist, Memphis.
What is the average sales price for listings in 642 East Gage Avenue?
The average sales price for units in 642 East Gage Avenue is $0 currently.

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