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488 E Gage Ave; Memphis, TN Property Details

488 E Gage Ave, Memphis, TN is a Single Family that was built in 1946. This property is currently Cash Purchase,Bank Sale and is not for sale. Our records show that 488 E Gage Ave has 2 bedrooms, and 1 bathroom, and a total of 950 square feet. The lot size of 488 E Gage Ave is 7,500 square feet.

Off market
488 E Gage Ave Memphis, TN 38106
$45,000 Listing Price
2 Beds
1 Baths
950 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1946
  • Purchase Price: $18,000
  • Est. Equity / %: $111,000 / 100%
  • Gross Yield: 5.319%
  • APN: 04-9011-0-0025
  • Situs County: Shelby
  • Length Of Ownership: 21 years, 1 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 6

Structure

  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Building Condition: Fair
  • Building Quality: D
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 950/SqFt
  • Lot: 7,500/SqFt
  • Gross: 950/SqFt
  • Garage: 480/SqFt
  • Living: 950/SqFt
  • Building: 950/SqFt
  • Ground: 950/SqFt
  • Garage Unfinished: 480/SqFt
  • Price Per Square Foot: $18.95

Legal Description

  • Description: N S GAGE
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Shelby County School District
  • Lat / Lon: 35.08762 / -90.046715
  • Subdivision: Longview Hgts 1st Addn
  • Property Class: Residential
  • Zoning: R-6
  • County Use Code: 062

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 7407
  • Bathroom Fixtures: 3
  • Cooling: Other
  • Garage: Detached Garage
  • Heating: Yes

Ownership Info

488 E Gage Ave has no associated ownership info
488 E Gage Ave has no associated ownership info.

Taxes

488 E Gage Ave has 10 associated Taxes items

488 E Gage Ave, Memphis, TN pays taxes in Shelby County, TN. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $12,725. The APN we've located for 488 E Gage Ave is 04-9011-0-0025.

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Taxes
  • Assessed Value:  $12,725
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  04-9011-0-0025
  • Assessed Land Value:  2000
  • Market Land Value:  8000
  • Tax Amount:  342.3
  • Tax Year:  2025
  • Market Value:  50900
  • Market Year:  2025

Tax History

488 E Gage Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $12,725 Land Value $2,000 Improvement Value $10,725 Tax Amount $342.3 Change Rate +0.180956% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $8,550 Land Value $1,000 Improvement Value $7,550 Tax Amount $289.85 Change Rate Assessed CR Tax Rate +0.033901%
Year 2023 Assessed Value $8,550 Land Value $1,000 Improvement Value $7,550 Tax Amount $289.85 Change Rate -0.443495% Assessed CR Tax Rate +0.033901%
Year 2022 Assessed Value $8,550 Land Value $1,000 Improvement Value $7,550 Tax Amount $520.84 Change Rate -0.011595% Assessed CR Tax Rate +0.060917%
Year 2021 Assessed Value $8,550 Land Value $1,000 Improvement Value $7,550 Tax Amount $526.95 Change Rate -0.088117% Assessed CR Tax Rate +0.061632%
Year 2020 Assessed Value $7,975 Land Value $1,000 Improvement Value $6,975 Tax Amount $577.87 Change Rate +1.267224% Assessed CR Tax Rate +0.07246%
Year 2019 Assessed Value $7,975 Land Value $1,000 Improvement Value $6,975 Tax Amount $254.88 Change Rate -0.000039% Assessed CR Tax Rate +0.03196%
Year 2018 Assessed Value $7,975 Land Value $1,000 Improvement Value $6,975 Tax Amount $254.89 Change Rate -0.023036% Assessed CR Tax Rate +0.031961%
Year 2017 Assessed Value $7,975 Land Value $1,000 Improvement Value $6,975 Tax Amount $260.9 Change Rate -0.006625% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $7,725 Land Value Improvement Value Tax Amount $262.64 Change Rate -0.221992% Assessed CR Tax Rate +0.033999%
Year 2014 Assessed Value $7,725 Land Value Improvement Value Tax Amount $337.58 Change Rate +0.132211% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $298.16 Change Rate Assessed CR Tax Rate