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494 E Gage Ave; Memphis, TN Property Details

494 E Gage Ave, Memphis, TN is a Single Family that was built in 1951. This property is currently Cash Purchase,Bank Sale and is not for sale. Our records show that 494 E Gage Ave has 3 bedrooms, and 1 bathroom, and a total of 1,164 square feet. The lot size of 494 E Gage Ave is 7,500 square feet.

Off market
494 E Gage Ave Memphis, TN 38106
$16,900 Estimated Value
3 Beds
1 Baths
1,164 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1951
  • Purchase Price: $25,000
  • Est. Equity / %: $109,000 / 100%
  • Gross Yield: 6.506%
  • APN: 04-9011-0-0024
  • Situs County: Shelby
  • Length Of Ownership: 21 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 6

Structure

  • Stories: 1
  • Exterior Wall Type: Rock, Stone
  • Building Condition: Average
  • Building Quality: D
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 1,164/SqFt
  • Lot: 7,500/SqFt
  • Gross: 1,276/SqFt
  • Living: 1,164/SqFt
  • Building: 1,164/SqFt
  • Ground: 1,164/SqFt
  • Price Per Square Foot: $21.48

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 / -90.04655
  • 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: Central
  • Heating: Central

Ownership Info

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

Taxes

494 E Gage Ave has 10 associated Taxes items

494 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 $16,900. The APN we've located for 494 E Gage Ave is 04-9011-0-0024.

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Taxes
  • Assessed Value:  $16,900
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  04-9011-0-0024
  • Assessed Land Value:  2000
  • Market Land Value:  8000
  • Tax Amount:  454.61
  • Tax Year:  2025
  • Market Value:  67600
  • Market Year:  2025

Tax History

494 E Gage Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $16,900 Land Value $2,000 Improvement Value $14,900 Tax Amount $454.61 Change Rate +0.19735% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $11,200 Land Value $1,000 Improvement Value $10,200 Tax Amount $379.68 Change Rate Assessed CR Tax Rate +0.0339%
Year 2023 Assessed Value $11,200 Land Value $1,000 Improvement Value $10,200 Tax Amount $379.68 Change Rate -0.443505% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $11,200 Land Value $1,000 Improvement Value $10,200 Tax Amount $682.27 Change Rate -0.01159% Assessed CR Tax Rate +0.060917%
Year 2021 Assessed Value $11,200 Land Value $1,000 Improvement Value $10,200 Tax Amount $690.27 Change Rate -0.090565% Assessed CR Tax Rate +0.061631%
Year 2020 Assessed Value $10,475 Land Value $1,000 Improvement Value $9,475 Tax Amount $759.01 Change Rate +1.26719% Assessed CR Tax Rate +0.072459%
Year 2019 Assessed Value $10,475 Land Value $1,000 Improvement Value $9,475 Tax Amount $334.78 Change Rate Assessed CR Tax Rate +0.03196%
Year 2018 Assessed Value $10,475 Land Value $1,000 Improvement Value $9,475 Tax Amount $334.78 Change Rate -0.023082% Assessed CR Tax Rate +0.03196%
Year 2017 Assessed Value $10,475 Land Value $1,000 Improvement Value $9,475 Tax Amount $342.69 Change Rate -0.01188% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $10,200 Land Value Improvement Value Tax Amount $346.81 Change Rate -0.221946% Assessed CR Tax Rate +0.034001%
Year 2014 Assessed Value $10,200 Land Value Improvement Value Tax Amount $445.74 Change Rate +0.102798% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $404.19 Change Rate Assessed CR Tax Rate