NOT LISTED FOR SALE

1218 Faxon Ave Memphis, TN 38104

Crosstown Neighborhood

Estimated Value: $136,000 - $167,000

4 Beds
2 Baths
1,400-1,599 Sq Ft
$93/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $145,000 $91 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $861/month

14 Days on Market

Highlights

  • Wood Flooring
  • Den
  • Some Wood Windows
  • Separate Formal Living Room
  • Breakfast Room
  • 2 Car Detached Garage

About This Home

As of May 2024

Spacious 4 bedrooms 2 baths all on one level in historic Speedway Terrace. Original hardwood flooring. Built-in cabinet w/glassfronts in unique breakfast area. Nice sized kitchen with tons of cabinets. Layout makes this one's flow perfect for entertaining! Formal living room opens up into well lit dining room. The large patio in the fenced backyard is perfect for weekend cookouts while the 2car garage offers lots of storage. As-is sale and priced accordingly! Agents: attached structural report.

Last Agent to Sell the Property

Amanda Lott

BHHS McLemore & Co., Realty License #318728 Listed on: 04/08/2024

BHHS McLemore & Co., Realty

Co-Listed By

Carol Lott

BHHS McLemore & Co., Realty License #225648

Last Buyer's Agent

Itzel Sanchez Bustamante

Keller Williams License #333024

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $798

Year Built

  • Built in 1925

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50x160
  • Landscaped
  • Level Lot
  • Few Trees

Home Design

  • Bungalow
  • Composition Shingle Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,446 Sq Ft Home
  • 1-Story Property
  • Decorative Fireplace
  • Some Wood Windows
  • Separate Formal Living Room
  • Breakfast Room
  • Dining Room
  • Den
  • Iron Doors

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Driveway

Additional Features

  • Porch
  • Central Heating and Cooling System

Community Details

  • Speedway Terr Blk A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 021097 00014

Home Details

Home Type

Single Family

Est. Annual Taxes

$798

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Bungalow
  • Detached Unit Type: General Residential
  • MLS Map #: 744C
  • MAAR Subdivision Name: SPEEDWAY TERRACE BLK A
  • Historic District: Speedway Terrace
  • Number Of Stories: 1
  • Price Per Sq Ft: 100.28
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1446
  • Year Built: 1925
  • List Price/ Sq Ft: 104
  • 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, 4th of More Bedrooms, 2 or More Baths, Breakfast Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down, Primary Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1, Hardwood Floor
  • Bedroom 3 Description: Level 1, Tile Floor
  • Bedroom 4 Description: Level 1, Hardwood Floor
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Fireplace: Decorative Only
  • Floors/Ceilings: Part Hardwood, Tile
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Dishwasher
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Breakfast Bar
  • Total Bathrooms: 2
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Hardwood Floor

Exterior Features

  • Misc Exterior: Porch, Sidewalks
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Detached
  • Number Covered Parking Spaces: 2
  • Parking Display: 2D
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Iron Door(s)
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level, Landscaped
  • Lot Number: 68
  • Acreage: 0.18
  • Lot Size: 50X160
  • Price Per Acre: 833333
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 021097 00014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2024
Closed on
May 29, 2024
Sold by
Parsons William
Bought by
Goldstar Homes Llc
Seller's Agent
Amanda Lott
BHHS McLemore & Co., Realty
Buyer's Agent
Itzel Sanchez Bustamante
Keller Williams
List Price
$150,000
Sold Price
$145,000
Premium/Discount to List
-$5,000
-3.33%
Views
99
Current Estimated Value
$149,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,133
Avg. Annual Appreciation
-2.47%

Purchase Details

Listed on
Nov 28, 2018
Closed on
May 20, 2019
Sold by
Luong Zinia
Bought by
Parsons William
Seller's Agent
Laurie McBride Connors
Ware Jones, REALTORS
Buyer's Agent
Jessica Walls
KAIZEN Realty, LLC
List Price
$145,000
Sold Price
$127,000
Premium/Discount to List
-$18,000
-12.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.66%

Purchase Details

Listed on
Jun 18, 2017
Closed on
Oct 4, 2017
Sold by
Thinh Le Dinh
Bought by
Luong Zinia
Seller's Agent
Lilian Nguyen
KAIZEN Realty, LLC
Buyer's Agent
Be Nguyen
Pinnacle Realty
List Price
$93,200
Sold Price
$72,000
Premium/Discount to List
-$21,200
-22.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.95%

Purchase Details

Closed on
Jul 17, 2012
Sold by
Le Tan Dinh and Huynh Kim Van Thi
Bought by
Thinh Le Dinh

Purchase Details

Closed on
Sep 26, 2002
Sold by
Nguyen Quy Dai and Van Kim Lien Thi
Bought by
Le Tan Dinh and Huynh Kim Van Thi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,500
Interest Rate
6.27%
Source: Public Records

Range of Values:

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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
Goldstar Homes Llc $145,000 None Listed On Document
Parsons William $127,000 Preferred Title & Escrow Llc
Luong Zinia $72,000 Close Trak Titel
Thinh Le Dinh -- None Available
Le Tan Dinh $54,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Parsons William $3,642
Previous Owner Parsons William $7,445
Previous Owner Le Tan Dinh $40,500
Closed Parsons William $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2024 05/31/24 Sold $145,000 -3.3% $104 / Sq Ft
04/22/2024 04/22/24 Pending -- -- --
04/08/2024 04/08/24 For Sale $150,000 +18.1% $107 / Sq Ft
05/20/2019 05/20/19 Sold $127,000 +1.6% $71 / Sq Ft
04/22/2019 04/22/19 Pending -- -- --
02/25/2019 02/25/19 Price Changed $125,000 -13.8% $69 / Sq Ft
11/28/2018 11/28/18 For Sale $145,000 +101.4% $81 / Sq Ft
10/04/2017 10/04/17 Sold $72,000 -22.7% $51 / Sq Ft
09/12/2017 09/12/17 Pending -- -- --
06/18/2017 06/18/17 For Sale $93,200 -- $67 / 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 $798 $35,850 $5,075 $30,775
2024 $798 $23,525 $2,000 $21,525
2023 $1,433 $23,525 $2,000 $21,525
2022 $1,433 $23,525 $2,000 $21,525
2021 $1,450 $23,525 $2,000 $21,525
2020 $1,299 $17,925 $2,000 $15,925
2019 $573 $17,925 $2,000 $15,925
2018 $573 $17,925 $2,000 $15,925
2017 $586 $17,925 $2,000 $15,925
2016 $787 $18,000 $0 $0
2014 $787 $18,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Amanda Lott

    Seller's Agent in 2024

    Amanda Lott

    BHHS McLemore & Co., Realty

    (901) 461-9246

    9 in this area

    356 Total Sales

    Amanda Lott
    Section Image
  • Carol Lott

    Seller Co-Listing Agent in 2024

    Carol Lott

    BHHS McLemore & Co., Realty

    (901) 461-4869

    9 in this area

    348 Total Sales

    Carol Lott
    Section Image
  • Itzel Sanchez Bustamante

    Buyer's Agent in 2024

    Itzel Sanchez Bustamante

    Keller Williams

    (901) 378-4334

    3 in this area

    608 Total Sales

    Itzel Sanchez Bustamante
    Section Image

  • R

    Buyer Co-Listing Agent in 2024

    Rene Sanchez Bustamante

    Keller Williams

    1 in this area

    175 Total Sales

    Rene Sanchez Bustamante
    Section Image
  • Laurie McBride Connors

    Seller's Agent in 2019

    Laurie McBride Connors

    Ware Jones, REALTORS

    (901) 355-4020

    150 Total Sales

    Laurie McBride Connors
    Section Image

  • J

    Buyer's Agent in 2019

    Jessica Walls

    KAIZEN Realty, LLC

    (901) 221-4041

    55 Total Sales

    Jessica Walls
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10169633

Memphis Area Association of REALTORS®

APN: 02-1097-0-0014

Tennessee Shelby County Memphis 38104 Crosstown

1218 Faxon Ave, Memphis, TN

This home is located at 1218 Faxon Ave, Memphis, TN 38104 since 08 April 2024 and is currently estimated at $149,133, approximately $93 per square foot. This property was built in 1925. 1218 Faxon Ave is a home located in Shelby County with nearby schools including Snowden Elementary/Middle School, Manassas High School, and Perea Elementary School.

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