NOT LISTED FOR SALE

1246 Faxon Ave Memphis, TN 38104

Crosstown Neighborhood

Estimated Value: $154,040 - $262,000

6 Beds
2 Baths
2,502 Sq Ft
$85/Sq Ft Est. Value

Last Sold September 15, 2014

Last sale price $49,500 $20 Per Sq Ft

Est. 327% increase in value since last sale

Current estimated payment $1,223/month

54 Days on Market

Highlights

  • Two Primary Bedrooms
  • Separate Formal Living Room
  • Porch
  • Traditional Architecture
  • Some Wood Windows
  • Ceiling height of 9 feet or more

About This Home

As of September 2014

Great investment opportunity! Close to Sears Crosstown and just off N. Parkway. Duplex has previously been rented for $750.00 per side. Property being sold "as is". Easy to show. Call today for and appointment! Very motivated sellers! Bring all offers!!

Last Agent to Sell the Property

Lynda Baddour

Ware Jones, REALTORS License #300143 Listed on: 05/02/2014

Ware Jones, REALTORS

Last Buyer's Agent

Travis Patterson

C21 Patterson & Assoc. Real Es License #328947

C21 Patterson & Assoc. Real Es

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $878

Year Built

  • Built in 1907

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 60 x 160
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,502 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Some Wood Windows
  • Separate Formal Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 6 Bedrooms | 3 Main Level Bedrooms
  • Double Master Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Community Details

  • Speedway Terr Blk A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 021096 00022

Home Details

Home Type

Single Family

Est. Annual Taxes

$878

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 744C
  • MAAR Subdivision Name: SPEEDWAY TERRACE BLK A
  • List Price Per Sq Ft: 22
  • Number Of Stories: 2
  • Price Per Sq Ft: 19.78
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2502
  • Year Built: 1907
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: Two Primaries
  • Estimated Heated Sq Ft Range: Not Available
  • Bedrooms: 6
  • Bedrooms Down: 3
  • Floors/Ceilings: 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Wood/Composition

Garage/Parking

  • Parking Storage: Driveway/Pad

Lot Info

  • Lot Description: Level
  • Lot Number: WPT 64
  • Acreage: 0.22
  • Lot Size: 60 X 160
  • Price Per Acre: 252273

Multi Family

  • Number Of Rooms: 10

Tax Info

  • Assessor Parcel Number: 021096 00022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2014
Closed on
Sep 16, 2014
Sold by
Jones Albert Lee
Bought by
Studaway Christopher
Seller's Agent
Lynda Baddour
Ware Jones, REALTORS
Buyer's Agent
Travis Patterson
C21 Patterson & Assoc. Real Es
List Price
$65,500
Sold Price
$49,500
Premium/Discount to List
-$16,000
-24.43%
Current Estimated Value
$211,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,010
Avg. Annual Appreciation
14.20%
Original Mortgage
$99,583
Outstanding Balance
$77,413
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$134,742

Purchase Details

Closed on
Aug 17, 2007
Sold by
Smith Freddie Jean Ashley and Mark Smith E
Bought by
Jones Albert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,704
Interest Rate
6.7%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Studaway Christopher $45,000 Saddlecreek Title
Jones Albert $68,704 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Studaway Christopher $99,583
Previous Owner Jones Albert $68,704
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2014 09/15/14 Sold $49,500 -24.4% $20 / Sq Ft
06/25/2014 06/25/14 Pending -- -- --
05/02/2014 05/02/14 For Sale $65,500 -- $26 / 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 $878 $45,300 $5,075 $40,225
2024 $1,405 $41,440 $3,200 $38,240
2023 $2,524 $41,440 $3,200 $38,240
2022 $2,524 $41,440 $3,200 $38,240
2021 $2,554 $41,440 $3,200 $38,240
2020 $2,982 $41,160 $3,200 $37,960
2019 $2,982 $41,160 $3,200 $37,960
2018 $2,982 $41,160 $3,200 $37,960
2017 $1,692 $41,160 $3,200 $37,960
2016 $1,699 $38,880 $0 $0
2014 $1,699 $38,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lynda Baddour

    Seller's Agent in 2014

    Lynda Baddour

    Ware Jones, REALTORS

    (901) 481-0843

    179 Total Sales

    Lynda Baddour
    Section Image

  • T

    Buyer's Agent in 2014

    Travis Patterson

    C21 Patterson & Assoc. Real Es

    (901) 701-1064

    73 Total Sales

    Travis Patterson
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9925705

Memphis Area Association of REALTORS®

APN: 02-1096-0-0022

Tennessee Shelby County Memphis 38104 Crosstown

1246 Faxon Ave, Memphis, TN

This home is located at 1246 Faxon Ave, Memphis, TN 38104 since 02 May 2014 and is currently estimated at $211,510, approximately $84 per square foot. This property was built in 1907. 1246 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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