Sold for $90,000

$90,000

586 Gainsville Ave, Memphis, TN 38109

3beds

1,270sqft

Single Family Residence

Built in 1968

0.3 Acres Lot

$109,000 Zestimate^®

$71/sqft

$1,280 Estimated rent

Home value

$109,000

$95,000 - $122,000

$1,280/mo

Zestimate^® history

Owner options

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$1,280/mo

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$1,280/mo

Rent Zestimate^®

Refinance and save

$452/mo

Est. payment

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$452/mo

Est. payment

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What's special

Updated floors

This home is perfect for a starter family or an amazing investment property! It has updated floors, fixtures, countertops, and even a brand new hot water heater. It is tucked away in a very nice, family friendly community with access to shopping and other amenities!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Primary bedroom

Width: 0

Dining room

Area: 180
Dimensions: 12 x 15

Living room

Features: Separate Living Room
Area: 156
Dimensions: 12 x 13

Den

Width: 0

Heating

Central, Natural Gas

Cooling

Central Air, Ceiling Fan(s)

Features

All Bedrooms Down, Other (See Remarks)
Has fireplace: No

Interior area

Total interior livable area: 1,270 sqft

Property

Parking

Total spaces: 1
Parking features: Driveway/Pad, Other (See REMARKS)
Covered spaces: 1
Has uncovered spaces: Yes

Features

Stories: 1
Exterior features: Other (See REMARKS)
Pool features: None
Fencing: Chain Link,Chain Fence

Lot

Size: 0.3 Acres
Dimensions: 61 x 215
Features: Some Trees, Level

Details

Additional structures: Storage
Parcel number: 07508700244

Construction

Type & style

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

Materials

Brick Veneer

Condition

New construction: No
Year built: 1968

Community & HOA

Community

Security: Wrought Iron Security Drs
Subdivision: Indian Hills

Location

Region: Memphis

Financial & listing details

Price per square foot: $71/sqft
Tax assessed value: $94,600
Annual tax amount: $868
Price range: $90K - $90K
Date on market: 1/10/2024
Cumulative days on market: 95 days

Price history

Date	Event	Price
5/1/2024	Sold	$90,000-9.9%$71/sqft
Source: MAAR #10163047 Report a problem
4/4/2024	Pending sale	$99,900$79/sqft
Source: MAAR #10163047 Report a problem
3/13/2024	Price change	$99,900-22.6%$79/sqft
Source: MAAR #10163047 Report a problem
1/10/2024	Listed for sale	$129,000+3.2%$102/sqft
Source: MAAR #10163047 Report a problem
11/17/2023	Listing removed	--
Source: MAAR #10159503 Report a problem
11/9/2023	Price change	$125,000-5.3%$98/sqft
Source: MAAR #10159503 Report a problem
10/25/2023	Listed for sale	$132,000+112.9%$104/sqft
Source: MAAR #10159503 Report a problem
9/28/2023	Sold	$62,000$49/sqft
Source: MAAR #10157784 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,247 +32.8%	$23,650 +66%
2024	$938 +8.1%	$14,250
2023	$868	$14,250
2022	--	$14,250
2021	--	$14,250 +42.5%
2020	$320	$10,000
2019	$320 -21.1%	$10,000
2018	$405 -45.1%	$10,000
2017	$738 +103.4%	$10,000 -6.3%
2016	$363 -20.8%	$10,675
2014	$458	$10,675
2013	--	$10,675 -25.7%
2012	--	$14,375
2011	--	$14,375
2010	--	$14,375
2009	--	$14,375 -5.3%
2008	--	$15,175
2007	--	$15,175
2006	--	$15,175
2005	--	$15,175 +11.8%
2004	--	$13,575
2003	--	$13,575
2002	--	$13,575
2001	--	$13,575 +17.8%
2000	--	$11,525