NOT LISTED FOR SALE

1403 Favell Dr Memphis, TN 38116

Whitehaven Neighborhood

Estimated Value: $159,964 - $182,000

3 Beds
1.5 Baths
1,277 Sq Ft
$132/Sq Ft Est. Value

Last Sold September 30, 2019

Last sale price $110,000 $86 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $1,002/month

10 Days on Market

Highlights

  • Updated Kitchen
  • Wood Flooring
  • Some Wood Windows
  • Traditional Architecture
  • Den
  • 1 Car Attached Garage

About This Home

As of September 2019

Picture Perfect. You MUST See this Darling Home and you will love it. NEW, NEW, NEW MOSTLY EVERYTHING. Updated Kitchen w/Stainless Steel Appliances. New A/C, Furnace, Hot water Heater, Flooring, cabinets, countertops and much more....Roof apx 5 yrs old. This Home is " Maintenance Free" with LR/DR Combo and separate Den. Laundry room w/counter and Freshly painted interior/exterior. Lush park-like backyard for cool evening entertainment. Move-in Ready.

Last Agent to Sell the Property

Erma Williams

Crye-Leike, Inc., REALTORS License #238019 Listed on: 08/06/2019

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Realis Sanders

Keller Williams License #347484

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $998

Year Built

  • Built in 1960

Lot Details

  • 0.25 Acre Lot
  • Chain Link Fence
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 1,277 Sq Ft Home
  • 1-Story Property
  • Popcorn or blown ceiling
  • Ceiling Fan
  • Some Wood Windows
  • Double Pane Windows
  • Aluminum Window Frames
  • Combination Dining and Living Room
  • Den
  • Storage Room
  • Pull Down Stairs to Attic
  • Iron Doors

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Oven or Range
  • Gas Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Remodeled Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • 1 Car Attached Garage
  • Carport

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Graceland Subdivision

Listing and Financial Details

  • Assessor Parcel Number 078070 00007

Home Details

Home Type

Single Family

Est. Annual Taxes

$998

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 764B
  • MAAR Subdivision Name: GRACELAND
  • List Price Per Sq Ft: 102
  • Number Of Stories: 1
  • Price Per Sq Ft: 86.14
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1277
  • Year Built: 1960
  • 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, 1/2 Bath, 1 Bath, Laundry Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Renovated Bathroom, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedroom 2 Description: Level 1, Hardwood Floor
  • Bedroom 3 Description: Level 1, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Hardwood Throughout, Tile, Textured Ceiling
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Gas Cooking, Dishwasher, Microwave, Refrigerator, Cable Available
  • Living Dining Kitchen: Separate Den, LR/DR Combination, Updated/Renovated Kitchen, Breakfast Bar, Washer/Dryer Connections
  • Misc Interior: Pull Down Attic Stairs, Cat/Dog Free House
  • Other Rooms: Laundry Room
  • Total Bathrooms: 1.1
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Half Bath, Hardwood Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer, Wood Window(s), Aluminum Window(s), Double Pane Window(s)
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1A
  • Parking Storage: Storage Room(s)

Utilities

  • Cooling: Central, Ceiling Fan(s), 220 Wiring
  • Heating: Central, Gas
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Chain Fenced
  • Lot Number: 837
  • Acreage: 0.25
  • Lot Size: 80x140/0.25
  • Price Per Acre: 520000

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 078070 00007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2019
Closed on
Sep 27, 2019
Sold by
Brooks Alters and Brooks Barbara J
Bought by
Armstrong Lois I
Seller's Agent
Erma Williams
Crye-Leike, Inc., REALTORS
Buyer's Agent
Realis Sanders
Keller Williams
List Price
$130,000
Sold Price
$110,000
Premium/Discount to List
-$20,000
-15.38%
Current Estimated Value
$168,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,991
Avg. Annual Appreciation
7.78%
Original Mortgage
$108,007
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 19, 2019
Sold by
Childs Veronica and Childs Trenikia
Bought by
Brooks Alters and Brooks Barbara J
Source: Public Records

Range of Values:

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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
Armstrong Lois I $110,000 Preferred Title & Escrow Llc
Brooks Alters $30,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Armstrong Lois $106,157
Closed Armstrong Lois I $108,007
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2019 09/30/19 Sold $110,000 -15.4% $86 / Sq Ft
08/06/2019 08/06/19 For Sale $130,000 -- $102 / 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 $998 $37,200 $5,325 $31,875
2024 $998 $29,425 $4,100 $25,325
2023 $1,792 $29,425 $4,100 $25,325
2022 $1,792 $29,425 $4,100 $25,325
2021 $1,813 $29,425 $4,100 $25,325
2020 $1,293 $17,850 $4,100 $13,750
2019 $570 $17,850 $4,100 $13,750
2018 $570 $17,850 $4,100 $13,750
2017 $584 $17,850 $4,100 $13,750
2016 $787 $18,000 $0 $0
2014 $787 $18,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Erma Williams

    Seller's Agent in 2019

    Erma Williams

    Crye-Leike

    (901) 857-4269

    2 in this area

    25 Total Sales

    Erma Williams
    Section Image
  • Realis Sanders

    Buyer's Agent in 2019

    Realis Sanders

    Keller Williams

    (901) 240-4367

    3 in this area

    64 Total Sales

    Realis Sanders
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10059010

Memphis Area Association of REALTORS®

APN: 07-8070-0-0007

Tennessee Shelby County Memphis 38116 Whitehaven

1403 Favell Dr, Memphis, TN

This home is located at 1403 Favell Dr, Memphis, TN 38116 since 06 August 2019 and is currently estimated at $168,991, approximately $132 per square foot. This property was built in 1960. 1403 Favell Dr is a home located in Shelby County with nearby schools including Robert R. Church Elementary School, A. Maceo Walker Middle School, and Freedom Preparatory Academy Elementary School.

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