NOT LISTED FOR SALE

1427 Favell Dr Memphis, TN 38116

Whitehaven Neighborhood

Estimated Value: $171,000 - $189,000

3 Beds
2 Baths
1,200-1,399 Sq Ft
$127/Sq Ft Est. Value

Last Sold May 19, 2023

Last sale price $175,000 $125 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,064/month

58 Days on Market

Highlights

  • Updated Kitchen
  • Wood Flooring
  • Some Wood Windows
  • Traditional Architecture
  • Separate Formal Living Room
  • Patio

About This Home

As of May 2023

BACK ON THE MARKET!!! Due to buyer finances!! This beautiful, completely renovated home is yours for the living! This home has new flooring, new electrical, and new plumbing!! Both primary and guest bathrooms are covered in beautiful modern tile. The house is minutes away from Graceland, an excellent family home or Airbnb. The seller will consider paying closing costs with a stong offer!!

Last Agent to Sell the Property

Alton Cryer

Keller Williams License #347868 Listed on: 10/03/2022

Keller Williams

Last Buyer's Agent

Walter Jones

BEST Real Estate Company License #358322

BEST Real Estate Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,159

Year Built

  • Built in 1960

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 80x140
  • Chain Link Fence
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,321 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Separate Formal Living Room
  • Dining Room
  • Iron Doors
  • Updated Kitchen

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Separate Shower

Parking

  • 1 Parking Space
  • Driveway

Outdoor Features

  • Patio
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System

Community Details

  • Graceland Subdivision

Listing and Financial Details

  • Assessor Parcel Number 078070 00010

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,159

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: 134
  • Number Of Stories: 1
  • Price Per Sq Ft: 132.48
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1321
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Renovated Bathroom, Luxury Primary Bath
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 1, Hardwood Floor
  • Bedroom 3 Description: Level 1, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Updated/Renovated Kitchen
  • Total Bathrooms: 2
  • Primary Bathroom Description: Separate Shower, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Full Bath, Hardwood Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Storage Building, Patio
  • Exterior Windows: Wood Window(s)
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees, Chain Fenced
  • Lot Number: 834
  • Acreage: 0.25
  • Lot Size: 80X140
  • Price Per Acre: 708000

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 078070 00010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2022
Closed on
May 19, 2023
Sold by
Obach Llc Inc
Bought by
Brownlee Aleasha
Seller's Agent
Alton Cryer
Keller Williams
Buyer's Agent
Walter Jones
BEST Real Estate Company
List Price
$177,000
Sold Price
$175,000
Premium/Discount to List
-$2,000
-1.13%
Views
101
Current Estimated Value
$177,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,954
Avg. Annual Appreciation
1.18%
Original Mortgage
$171,830
Outstanding Balance
$167,689
Interest Rate
6.27%
Mortgage Type
FHA
Estimated Equity
$12,082

Purchase Details

Closed on
Jun 30, 2022
Sold by
Pmw Properties Llc
Bought by
Obach Llc Inc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Brownlee Aleasha $175,000 None Listed On Document
Obach Llc Inc $119,000 Apperson Crump Plc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brownlee Aleasha $171,830
Previous Owner Locke Jother D $10,000
Previous Owner Locke Jother D $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2023 05/19/23 Sold $175,000 -1.1% $146 / Sq Ft
04/08/2023 04/08/23 For Sale $177,000 0.0% $148 / Sq Ft
04/08/2023 04/08/23 Price Changed $177,000 +1.7% $148 / Sq Ft
11/30/2022 11/30/22 Pending -- -- --
11/12/2022 11/12/22 Price Changed $174,000 -2.8% $145 / Sq Ft
10/13/2022 10/13/22 Price Changed $179,000 -3.2% $149 / Sq Ft
10/03/2022 10/03/22 For Sale $185,000 -- $154 / 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 $1,159 $43,625 $5,325 $38,300
2024 $706 $34,200 $4,100 $30,100
2023 $1,269 $20,825 $4,100 $16,725
2022 $1,269 $20,825 $4,100 $16,725
2021 $1,508 $20,825 $4,100 $16,725
2020 $1,333 $18,400 $4,100 $14,300
2019 $588 $18,400 $4,100 $14,300
2018 $588 $18,400 $4,100 $14,300
2017 $602 $18,400 $4,100 $14,300
2016 $794 $18,175 $0 $0
2014 $794 $18,175 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Alton Cryer

    Seller's Agent in 2023

    Alton Cryer

    Keller Williams

    (901) 494-3173

    17 in this area

    108 Total Sales

    Alton Cryer
    Section Image
  • Walter Jones

    Buyer's Agent in 2023

    Walter Jones

    BEST Real Estate Company

    (901) 235-3245

    9 in this area

    80 Total Sales

    Walter Jones
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10134914

Memphis Area Association of REALTORS®

APN: 07-8070-0-0010

Tennessee Shelby County Memphis 38116 Whitehaven

1427 Favell Dr, Memphis, TN

This home is located at 1427 Favell Dr, Memphis, TN 38116 since 03 October 2022 and is currently estimated at $177,954, approximately $127 per square foot. This property was built in 1960. 1427 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Memphis Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Some or all of the listings displayed may not belong to the firm whose website is being visited. Copyright© 2025 Memphis Area Association of REALTORS®.

Nearby Homes