NOT LISTED FOR SALE

1069 Faxon Ave Memphis, TN 38105

Crosstown Neighborhood

Estimated Value: $127,199 - $233,000

4 Beds
2 Baths
2,200-2,399 Sq Ft
$77/Sq Ft Est. Value

Last Sold January 04, 2016

Last sale price $4,000 $2 Per Sq Ft

Est. 4,118% increase in value since last sale

Current estimated payment $964/month

398 Days on Market

Highlights

  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Den
  • Wood Flooring
  • Attic
  • Some Wood Windows

About This Home

As of January 2016

Large property needing extensive renovation and repair. Prime for fearless owner occupant needing lots of space for low dollar, perfect for investors looking for fixer upper/rental.

Last Agent to Sell the Property

Larry Alexander

REMAX Experts License #208488 Listed on: 11/17/2014

REMAX Experts

Last Buyer's Agent

Larry Alexander

REMAX Experts License #208488 Listed on: 11/17/2014

REMAX Experts

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $475

Year Built

  • Built in 1920

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60 x 12
  • Chain Link Fence
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Bungalow
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 2,200-2,399 Sq Ft Home
  • 2,289 Sq Ft Home
  • 1.2-Story Property
  • Fireplace Features Masonry
  • Some Wood Windows
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Storage Room
  • Attic Access Panel

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Home Security

  • Storm Doors
  • Iron Doors

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Driveway

Outdoor Features

  • Outdoor Storage
  • Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Speedway Terrace Blk E Subdivision

Listing and Financial Details

  • Assessor Parcel Number 021018 00010

Home Details

Home Type

Single Family

Est. Annual Taxes

$475

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional, Bungalow
  • Detached Unit Type: General Residential
  • Cross Street: Waldran
  • MLS Map #: 741D
  • MAAR Subdivision Name: SPEEDWAY TERRACE BLK E
  • List Price Per Sq Ft: 7
  • Number Of Stories: 1.2
  • Price Per Sq Ft: 1.75
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2289
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Second Story Floor Plan: 4th or More Bedrooms
  • Additional Bedroom Bathroom Info: Primary Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 2200-2399
  • Bedroom 2 Description: Level 1
  • Bedrooms: 4
  • Bedrooms Down: 3
  • Fireplace: Masonry, Presently Inoperative, In Living Room
  • Floors/Ceilings: Part Hardwood, Part Carpet
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room
  • Misc Interior: Attic Access, Walk-In Attic
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Porch, Chain Fence, Storage, Sidewalks
  • Exterior Windows: Brick Veneer, Wood/Composition, Wood Window(s), Storm Door(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Number Covered Parking Spaces: 1
  • Parking Display: 1A
  • Parking Storage: Driveway/Pad, Storage Room(s), Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Security: Iron Door(s), Dead Bolt Lock(s)

Lot Info

  • Lot Description: Some Trees, Level, Chain Fenced
  • Lot Number: 82and81
  • Acreage: 0.17
  • Lot Size: 60 X 12
  • Price Per Acre: 91176

Multi Family

  • Number Of Rooms: 9

Tax Info

  • Assessor Parcel Number: 021018 00010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2019
Sold by
Irby Billy
Bought by
Abdul Malik Hamzah and Abdul Hakeem Maryum
Current Estimated Value
$168,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Outstanding Balance
$56,627
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$89,580

Purchase Details

Closed on
Aug 1, 2017
Sold by
R Dean Llc
Bought by
Irby Bilin

Purchase Details

Closed on
Apr 27, 2016
Sold by
Irby Billy
Bought by
R Dean Llc

Purchase Details

Listed on
Nov 17, 2014
Closed on
Jan 4, 2016
Sold by
The Frayser Community Development Corp
Bought by
Irby Billy
Seller's Agent
Larry Alexander
REMAX Experts
Buyer's Agent
Larry Alexander
REMAX Experts
List Price
$22,500
Sold Price
$4,000
Premium/Discount to List
-$18,500
-82.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.42%

Purchase Details

Closed on
Nov 11, 2014
Sold by
Us Bank Na
Bought by
Frayser Community Development Corp

Purchase Details

Closed on
Sep 16, 2014
Sold by
Mcgowan Roy L
Bought by
Us Bank Na
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Abdul Malik Hamzah $80,000 Erickson Title & Closing Llc
Irby Bilin -- None Available
R Dean Llc -- Erickson Title & Closing Ll
Irby Billy $4,000 Attorney
Frayser Community Development Corp -- None Available
Us Bank Na $60,544 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abdul Malik Hamzah $64,000
Previous Owner Mcgoway Roy L $59,500
Previous Owner Mcgowan Roy L $43,000
Previous Owner Mcgowan Roy L $32,005
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2016 01/04/16 Sold $4,000 -82.2% $2 / Sq Ft
12/20/2015 12/20/15 Pending -- -- --
11/17/2014 11/17/14 For Sale $22,500 -- $10 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $475 $49,875 $4,500 $45,375
2024 $475 $14,025 $1,125 $12,900
2023 $854 $14,025 $1,125 $12,900
2022 $854 $14,025 $1,125 $12,900
2021 $1,015 $14,025 $1,125 $12,900
2020 $674 $9,300 $1,125 $8,175
2019 $377 $9,300 $1,125 $8,175
2018 $297 $9,300 $1,125 $8,175
2017 $304 $9,300 $1,125 $8,175
2016 $418 $9,575 $0 $0
2014 $418 $9,575 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Larry Alexander

    Seller's Agent in 2016

    Larry Alexander

    RE/MAX

    (901) 454-0858

    35 Total Sales

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9940374

Memphis Area Association of REALTORS®

APN: 02-1018-0-0010

Tennessee Shelby County Memphis 38105 Crosstown

1069 Faxon Ave, Memphis, TN

This home is located at 1069 Faxon Ave, Memphis, TN 38105 since 17 November 2014 and is currently estimated at $185,300, approximately $77 per square foot. This property was built in 1920. 1069 Faxon Ave is a home located in Shelby County with nearby schools including Manassas High School, Memphis Scholars Caldwell-Guthrie, and Perea Elementary School.

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