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507 E Gage Ave; Memphis, TN Property Details

507 E Gage Ave, Memphis, TN is a Single Family that was built in 1920. This property is currently Financed and is not for sale. Our records show that 507 E Gage Ave has 2 bedrooms, and 1 bathroom, and a total of 1,247 square feet. The lot size of 507 E Gage Ave is 7,500 square feet.

Off market
507 E Gage Ave Memphis, TN 38106
$17,300 Estimated Value
2 Beds
1 Baths
1,247 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1920
  • Purchase Price: $44,000
  • Open Loans / Balance: 2 / $5,573
  • Est. Equity / %: $131,427 / 95.93%
  • Gross Yield: 5.317%
  • APN: 04-9010-0-0007
  • Situs County: Shelby
  • Length Of Ownership: 28 years, 8 months

Rooms

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

Structure

  • Stories: 1
  • Exterior Wall Type: Brick veneer
  • Building Condition: Average
  • Building Quality: D
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 1,247/SqFt
  • Lot: 7,500/SqFt
  • Gross: 1,247/SqFt
  • Living: 1,247/SqFt
  • Building: 1,247/SqFt
  • Ground: 1,247/SqFt
  • Price Per Square Foot: $35.28

Legal Description

  • Description: SS 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: 35.087067 / -90.04607
  • Subdivision: Longview Hgts 1st Addn
  • Property Class: Residential
  • Zoning: R-6
  • County Use Code: 062

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 7406
  • Bathroom Fixtures: 3
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Central

Ownership Info

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

Taxes

507 E Gage Ave has 10 associated Taxes items

507 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 $17,300. The APN we've located for 507 E Gage Ave is 04-9010-0-0007.

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Taxes
  • Assessed Value:  $17,300
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  04-9010-0-0007
  • Assessed Land Value:  2000
  • Market Land Value:  8000
  • Tax Amount:  465.37
  • Tax Year:  2025
  • Market Value:  69200
  • Market Year:  2025

Tax History

507 E Gage Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $17,300 Land Value $2,000 Improvement Value $15,300 Tax Amount $465.37 Change Rate +0.191119% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $11,525 Land Value $1,000 Improvement Value $10,525 Tax Amount $390.7 Change Rate Assessed CR Tax Rate +0.0339%
Year 2023 Assessed Value $11,525 Land Value $1,000 Improvement Value $10,525 Tax Amount $390.7 Change Rate -0.443503% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $11,525 Land Value $1,000 Improvement Value $10,525 Tax Amount $702.07 Change Rate -0.011573% Assessed CR Tax Rate +0.060917%
Year 2021 Assessed Value $11,525 Land Value $1,000 Improvement Value $10,525 Tax Amount $710.29 Change Rate -0.092351% Assessed CR Tax Rate +0.06163%
Year 2020 Assessed Value $10,800 Land Value $1,000 Improvement Value $9,800 Tax Amount $782.56 Change Rate +1.267238% Assessed CR Tax Rate +0.072459%
Year 2019 Assessed Value $10,800 Land Value $1,000 Improvement Value $9,800 Tax Amount $345.16 Change Rate -0.000029% Assessed CR Tax Rate +0.031959%
Year 2018 Assessed Value $10,800 Land Value $1,000 Improvement Value $9,800 Tax Amount $345.17 Change Rate -0.023067% Assessed CR Tax Rate +0.03196%
Year 2017 Assessed Value $10,800 Land Value $1,000 Improvement Value $9,800 Tax Amount $353.32 Change Rate -0.012659% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $10,525 Land Value Improvement Value Tax Amount $357.85 Change Rate -0.221964% Assessed CR Tax Rate +0.034%
Year 2014 Assessed Value $10,525 Land Value Improvement Value Tax Amount $459.94 Change Rate +0.13793% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $404.19 Change Rate Assessed CR Tax Rate