Sold for $42,000

$42,000

507 E Frank Ave, Memphis, TN 38106

2beds

1,055sqft

Single Family Residence

Built in 1940

6,969 Square Feet Lot

$92,300 Zestimate^®

$40/sqft

$943 Estimated rent

Home value

$92,300

$71,000 - $114,000

$943/mo

Zestimate^® history

Owner options

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$943/mo

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$943/mo

Rent Zestimate^®

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$211/mo

Est. payment

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$211/mo

Est. payment

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What's special

Fenced in backyardLarge bedrooms

This is 2 bedroom 1 bath home with large bedrooms. This home has fenced in backyard and located a few minutes from gas, shopping, entertainment and highway access. This property is owned by the US Department of HUD. HUD homes are sold as-is and are managed by Olympusams. HUD CASE# 482-382372, and this property is (UI) which is UNINSURED, so inspections completed at buyer's expense when bid accepted. Looking to make an offer on this home, go to HUD Home Store find a HUD registered agent and have them to make the offer for you on this nice home.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Primary bedroom

Dimensions: 0 x 0

Dining room

Features: Separate Dining Room
Dimensions: 0 x 0

Living room

Features: Separate Living Room
Dimensions: 0 x 0

Den

Dimensions: 0 x 0

Heating

Central, Natural Gas

Cooling

Central Air

Features

1 or More BR Down, Other (See Remarks), Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
Flooring: Part Hardwood, Tile
Number of fireplaces: 1

Interior area

Total interior livable area: 1,055 sqft

Property

Parking

Parking features: Driveway/Pad, On Street, Other (See REMARKS)
Has uncovered spaces: Yes

Features

Stories: 1
Patio & porch: Porch
Exterior features: Other (See REMARKS)
Pool features: None
Fencing: Chain Link

Lot

Size: 6,969 Square Feet
Dimensions: 50 x 140
Features: Level, Other (See Remarks), Some Trees

Details

Parcel number: 049013 00003

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Materials

Brick Veneer

Condition

New construction: No
Year built: 1940

Community & HOA

Community

Subdivision: Longview Hgts 2nd Addn Blk 23.

Location

Region: Memphis

Financial & listing details

Price per square foot: $40/sqft
Tax assessed value: $70,600
Annual tax amount: $804
Price range: $42K - $42K
Date on market: 9/5/2025
Cumulative days on market: 61 days

Price history

Date	Event	Price
11/13/2025	Sold	$42,000-16%$40/sqft
Source: MAAR #10205130 Report a problem
11/6/2025	Pending sale	$50,000$47/sqft
Source: MAAR #10205130 Report a problem
9/5/2025	Listed for sale	$50,000-40.2%$47/sqft
Source: MAAR #10205130 Report a problem
11/27/2024	Sold	$83,596$79/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$930 +15.8%	$17,650 +44.7%
2024	$803 +8.1%	$12,200
2023	$743	$12,200
2022	--	$12,200
2021	--	$12,200 +6.8%
2020	$365	$11,425
2019	$365 -21.1%	$11,425
2018	$463 -45.1%	$11,425
2017	$843 +123.5%	$11,425 +2.9%
2016	$377 -10%	$11,100
2014	$419	$11,100
2013	--	$11,100 -16.4%
2012	--	$13,275
2011	--	$13,275
2010	--	$13,275
2009	--	$13,275 +2.9%
2008	--	$12,900
2007	--	$12,900
2006	--	$12,900
2005	--	$12,900 -12.4%
2004	--	$14,725
2003	--	$14,725
2002	--	$14,725
2001	--	$14,725 +44%
2000	--	$10,225