NOT LISTED FOR SALE

1459 Favell Dr Memphis, TN 38116

Whitehaven Neighborhood

Estimated Value: $160,000 - $179,000

3 Beds
1.5 Baths
1,200-1,399 Sq Ft
$122/Sq Ft Est. Value

Last Sold February 27, 2020

Last sale price $115,000 $82 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,013/month

11 Days on Market

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Central Heating
  • Wood Flooring
  • Separate Formal Living Room
  • Dining Room

About This Home

As of February 2020

OWNER/AGENT. BEAUTIFUL HOME N A GREAT NEIGHBORHOOD.

Last Agent to Sell the Property

Gregory Griffin

Franchise Realty, LLC License #306427 Listed on: 01/13/2020

Last Buyer's Agent

Gregory Griffin

Franchise Realty, LLC License #306427 Listed on: 01/13/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,071

Year Built

  • Built in 1959

Lot Details

  • 0.25 Acre Lot
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,289 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Separate Formal Living Room
  • Dining Room

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Central Heating
  • Heating System Uses Gas

Community Details

  • Graceland Subdivision

Listing and Financial Details

  • Assessor Parcel Number 078070 00014

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,071

Year Built

Built in 1959

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: 93
  • Number Of Stories: 1
  • Price Per Sq Ft: 89.22
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1289
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room
  • Number Of Fireplaces: 1
  • Total Bathrooms: 1.1

Garage/Parking

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

Utilities

  • Heating: Central, Gas

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 526
  • Acreage: 0.25
  • Lot Size: 11,200
  • Price Per Acre: 479600

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 078070 00014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2020
Closed on
Feb 27, 2020
Sold by
Worldwide Property Hub Llc
Bought by
1St Class Properties Llc
Seller's Agent
Gregory Griffin
Franchise Realty, LLC
Buyer's Agent
Gregory Griffin
Franchise Realty, LLC
List Price
$119,900
Sold Price
$115,000
Premium/Discount to List
-$4,900
-4.09%
Total Days on Market
11
Current Estimated Value
$170,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,792
Avg. Annual Appreciation
7.89%
Original Mortgage
$86,250
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 12, 2019
Sold by
I2l Llc
Bought by
Worldwide Property Hub Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
3.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 16, 2019
Sold by
Hargrow Larry D and Hargrow Leatha M
Bought by
I2l Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
3.75%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
1St Class Properties Llc $115,000 Preferred Title & Escrow Llc
Worldwide Property Hub Llc -- None Available
I2l Llc $56,400 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1St Class Properties Llc $91,000
Closed 1St Class Properties Llc $86,250
Previous Owner Wroldwide Property Hub Llc $77,000
Previous Owner Hargrow Larry D $90,000
Previous Owner James Genoa $81,600
Previous Owner Hargrow Larry D $64,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2020 02/27/20 Sold $115,000 -4.1% $96 / Sq Ft
01/24/2020 01/24/20 Pending -- -- --
01/13/2020 01/13/20 For Sale $119,900 -- $100 / 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 $1,071 $37,550 $5,325 $32,225
2024 -- $31,600 $4,100 $27,500
2023 $1,925 $31,600 $4,100 $27,500
2022 $1,925 $31,600 $4,100 $27,500
2021 $12 $31,600 $4,100 $27,500
2020 $1,382 $19,075 $4,100 $14,975
2019 $610 $19,075 $4,100 $14,975
2018 $610 $19,075 $4,100 $14,975
2017 $624 $19,075 $4,100 $14,975
2016 $834 $19,075 $0 $0
2014 $834 $19,075 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Gregory Griffin

    Seller's Agent in 2020

    Gregory Griffin

    Franchise Realty, LLC

    (901) 644-3744

    11 in this area

    129 Total Sales

    Gregory Griffin
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10068833

Memphis Area Association of REALTORS®

APN: 07-8070-0-0014

Tennessee Shelby County Memphis 38116 Whitehaven

1459 Favell Dr, Memphis, TN

This home is located at 1459 Favell Dr, Memphis, TN 38116 since 13 January 2020 and is currently estimated at $170,792, approximately $122 per square foot. This property was built in 1959. 1459 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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