Sold for $121,700

$121,700

559 Gainsville Ave, Memphis, TN 38109

3beds

1,007sqft

Single Family Residence

Built in 1968

6,534 Square Feet Lot

$111,100 Zestimate^®

$121/sqft

$1,179 Estimated rent

Home value

$111,100

$100,000 - $120,000

$1,179/mo

Zestimate^® history

Owner options

List your home for rent

$1,179/mo

Rent Zestimate^®

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$1,179/mo

Rent Zestimate^®

Refinance and save

$612/mo

Est. payment

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$612/mo

Est. payment

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What's special

What a great addition to your rental portfolio this will be. This property is located near jobs and commerce and will stay in demand with the local tenant base. A TLC is needed and it will be sold "as-is". This property will not qualify for FHA financing. Seller prefers offers with no inspection contingencies since it is a vacant property. No assignments and no wholesaler buyer offers will be accepted.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Primary bedroom

Dimensions: 0 x 0

Dining room

Dimensions: 0 x 0

Living room

Dimensions: 0 x 0

Den

Dimensions: 0 x 0

Heating

Other (See REMARKS)

Cooling

Other (See REMARKS)

Features

Other (See Remarks)
Has fireplace: No

Interior area

Total interior livable area: 1,007 sqft

Property

Parking

Total spaces: 1
Parking features: Other (See REMARKS)
Covered spaces: 1

Features

Stories: 1
Exterior features: Other (See REMARKS)
Pool features: None

Lot

Size: 6,534 Square Feet
Dimensions: 60 x 115
Features: Other (See Remarks)

Details

Parcel number: 075091 00011

Construction

Type & style

Home type: SingleFamily
Architectural style: Other (See Remarks)
Property subtype: Single Family Residence

Condition

New construction: No
Year built: 1968

Community & HOA

Community

Subdivision: Indian Hills

Location

Region: Memphis

Financial & listing details

Price per square foot: $121/sqft
Tax assessed value: $116,300
Annual tax amount: $726
Price range: $68K - $121.7K
Date on market: 9/22/2023
Cumulative days on market: 35 days

Price history

Date	Event	Price
6/25/2024	Sold	$121,700+79%$121/sqft
Source: Public Record Report a problem
3/13/2024	Listing removed	--
Source: Zillow Rentals Report a problem
3/12/2024	Listed for rent	$1,035+65.6%$1/sqft
Source: Zillow Rentals Report a problem
10/27/2023	Sold	$68,000-2.7%$68/sqft
Source: MAAR #10157323 Report a problem
10/4/2023	Pending sale	$69,900$69/sqft
Source: MAAR #10157323 Report a problem
10/4/2023	Contingent	$69,900$69/sqft
Source: MAAR #10157323 Report a problem
9/22/2023	Listed for sale	$69,900+42.7%$69/sqft
Source: MAAR #10157323 Report a problem
5/16/2017	Listing removed	$49,000$49/sqft
Source: Assured Real Estate Services #9996515 Report a problem
2/28/2017	Listed for sale	$49,000-2%$49/sqft
Source: Assured Real Estate Services #9996515 Report a problem
8/16/2013	Sold	$50,000+31.6%$50/sqft
Source: Public Record Report a problem
4/3/2013	Listing removed	$625$1/sqft
Source: MIH Property Management Report a problem
3/9/2013	Listed for rent	$625$1/sqft
Source: MIH Property Management Report a problem
12/7/2012	Listing removed	$38,000$38/sqft
Source: Vflyer Homes Report a problem
10/5/2012	Listed for sale	$38,000+467.2%$38/sqft
Source: Vflyer Homes Report a problem
9/18/2012	Sold	$6,700-87.7%$7/sqft
Source: Public Record Report a problem
3/10/2000	Sold	$54,500+23.1%$54/sqft
Source: Public Record Report a problem
1/18/2000	Sold	$44,260$44/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,532 +95.1%	$29,075 +143.8%
2024	$785 +8.1%	$11,925
2023	$726	$11,925
2022	--	$11,925
2021	--	$11,925 +42%
2020	$268	$8,400
2019	$268 -21.1%	$8,400
2018	$340 -45.1%	$8,400
2017	$620 +103.2%	$8,400 -6.4%
2016	$305 -27.2%	$8,975
2014	$419	$8,975
2013	--	$8,975 -31.7%
2012	--	$13,150
2011	--	$13,150
2010	--	$13,150
2009	--	$13,150 -1.9%
2008	--	$13,400
2007	--	$13,400
2006	--	$13,400
2005	--	$13,400 +31.4%
2004	--	$10,200
2003	--	$10,200
2002	--	$10,200
2001	--	$10,200 +3.8%
2000	--	$9,825