$159,000

1229 Faxon Ave Memphis, TN 38104

Crosstown Neighborhood

Estimated payment $927/month

Total Views 358
5 Beds
2 Baths
2,000-2,199 Sq Ft
$72 Price per Sq Ft

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Porch
  • Wood Flooring
  • Separate Formal Living Room
  • Central Heating and Cooling System

About This Home

Welcome to 1229 Faxon This 4-bedroom, 2-bath historic craftsman bungalow is full of character and ideally located in the vibrant heart of Midtown. Blending timeless charm with important updates like a newer HVAC and roof, this home also offers excellent investment potential. Currently tenant-occupied at $1,050/month, with room for value-add through cosmetic updates and expandable space to increase functionality or income. Just 5 minutes from the Medical Center, Overton Park, and the Zoo, and only 7 minutes from Downtown’s entertainment district. Plus, it’s only two blocks from Crosstown Concourse with its restaurants, shops, and community spaces. Tenant occupied – please do not disturb. Showings allowed after accepted offer. ?? All offers will be reviewed on September 19th.

Listing Agent

Candace Chalmers

The Home Partners Realty License #370929 Listed on: 09/05/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $956

Year Built

  • Built in 1917

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Stucco Exterior

Interior Spaces

  • 2,000-2,199 Sq Ft Home
  • 2,154 Sq Ft Home
  • 1.2-Story Property
  • 1 Fireplace
  • Separate Formal Living Room
  • Dining Room
  • Wood Flooring
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Porch
  • Few Trees
  • Central Heating and Cooling System

Community Details

  • Speedway Terrace Blk A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 021098 00009

Home Details

Home Type

Single Family

Est. Annual Taxes

$956

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 751Y
  • MAAR Subdivision Name: Speedway Terrace Blk A
  • Number Of Stories: 1.2
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2154
  • Year Built: 1917
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 2000-2199
  • Bedrooms: 5
  • Bedrooms Down: 5
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Washer/Dryer Connections
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer, Stucco

Garage/Parking

  • Parking Display: N0D
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees
  • Lot Size: 8640
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 9

Tax Info

  • Assessor Parcel Number: 021098 00009

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $956 $41,225 $5,075 $36,150
2024 $956 $28,200 $2,000 $26,200
2023 $1,718 $28,200 $2,000 $26,200
2022 $1,718 $28,200 $2,000 $26,200
2021 $1,738 $28,200 $2,000 $26,200
2020 $1,565 $21,600 $2,000 $19,600
2019 $1,565 $21,600 $2,000 $19,600
2018 $1,565 $21,600 $2,000 $19,600
2017 $888 $21,600 $2,000 $19,600
2016 $949 $21,725 $0 $0
2014 $949 $21,725 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2025 09/05/25 For Sale $159,000 -- $80 / Sq Ft
Source: Memphis Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Corporate Deed $49,000 Associates Closing & Title
Trustee Deed $45,737 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 Credit Line Revolving
Closed $45,000 Credit Line Revolving
Closed $28,000 Credit Line Revolving
Closed $14,000 Credit Line Revolving
Closed $46,550 Purchase Money Mortgage
Previous Owner $81,175 Unknown
Source: Public Records

Source: Memphis Area Association of REALTORS®

MLS Number: 10205054

Memphis Area Association of REALTORS®

APN: 02-1098-0-0009

Tennessee Shelby County Memphis 38104 Crosstown

1229 Faxon Ave, Memphis, TN

This home is located at 1229 Faxon Ave, Memphis, TN 38104 and is currently priced at $159,000, approximately $72 per square foot. This property was built in 1917. 1229 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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Nearby Homes
Candace Chalmers
Listing Agent
Candace Chalmers
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The Home Partners Realty
(901) 621-3038