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518 E Gage Ave; Memphis, TN Property Details

518 E Gage Ave, Memphis, TN is a Single Family that was built in 1928. This property is currently a cash purchase and is not for sale. Our records show that 518 E Gage Ave has 2 bedrooms, and 1 bathroom, and a total of 1,661 square feet. The lot size of 518 E Gage Ave is 7,500 square feet.

Off market
518 E Gage Ave Memphis, TN 38106
$60,000 Listing Price
2 Beds
1 Baths
1,661 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1928
  • Purchase Price: $60,000
  • Open Loans / Balance: 1 / $24,646
  • Est. Equity / %: $43,354 / 63.76%
  • Gross Yield: 11.259%
  • APN: 04-9011-0-0019
  • Situs County: Shelby
  • Length Of Ownership: 3 years, 6 months

Rooms

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

Structure

  • Stories: 1.25
  • Exterior Wall Type: Brick veneer
  • Building Condition: Fair
  • Building Quality: D
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 1,661/SqFt
  • Lot: 7,500/SqFt
  • Gross: 1,661/SqFt
  • Living: 1,661/SqFt
  • Building: 1,661/SqFt
  • Ground: 1,197/SqFt
  • Price Per Square Foot: $36.12

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: 35.087605 / -90.04573
  • 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
  • Fireplaces: 1
  • Heating: Central

Ownership Info

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

Taxes

518 E Gage Ave has 10 associated Taxes items

518 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 $18,200. The APN we've located for 518 E Gage Ave is 04-9011-0-0019.

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Taxes
  • Assessed Value:  $18,200
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  04-9011-0-0019
  • Assessed Land Value:  2000
  • Market Land Value:  8000
  • Tax Amount:  489.58
  • Tax Year:  2025
  • Market Value:  72800
  • Market Year:  2025

Tax History

518 E Gage Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $18,200 Land Value $2,000 Improvement Value $16,200 Tax Amount $489.58 Change Rate +0.16937% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $12,350 Land Value $1,000 Improvement Value $11,350 Tax Amount $418.67 Change Rate Assessed CR Tax Rate +0.0339%
Year 2023 Assessed Value $12,350 Land Value $1,000 Improvement Value $11,350 Tax Amount $418.67 Change Rate -0.443487% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $12,350 Land Value $1,000 Improvement Value $11,350 Tax Amount $752.31 Change Rate -0.011601% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $12,350 Land Value $1,000 Improvement Value $11,350 Tax Amount $761.14 Change Rate -0.062116% Assessed CR Tax Rate +0.061631%
Year 2020 Assessed Value $11,200 Land Value $1,000 Improvement Value $10,200 Tax Amount $811.55 Change Rate +1.267153% Assessed CR Tax Rate +0.07246%
Year 2019 Assessed Value $11,200 Land Value $1,000 Improvement Value $10,200 Tax Amount $357.96 Change Rate Assessed CR Tax Rate +0.031961%
Year 2018 Assessed Value $11,200 Land Value $1,000 Improvement Value $10,200 Tax Amount $357.96 Change Rate -0.023062% Assessed CR Tax Rate +0.031961%
Year 2017 Assessed Value $11,200 Land Value $1,000 Improvement Value $10,200 Tax Amount $366.41 Change Rate -0.011306% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $10,900 Land Value Improvement Value Tax Amount $370.6 Change Rate -0.221968% Assessed CR Tax Rate +0.034%
Year 2014 Assessed Value $10,900 Land Value Improvement Value Tax Amount $476.33 Change Rate +0.086321% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $438.48 Change Rate Assessed CR Tax Rate