NOT LISTED FOR SALE

3117 Faxon Ave Unit 3117/3119 Memphis, TN 38112

Binghampton Neighborhood

Estimated Value: $100,000 - $127,000

1 Bed
1 Bath
1,310 Sq Ft
$89/Sq Ft Est. Value

Sale Details

Date Sold: December 28, 2023

Last sale price $34,000 $26 Per Sq Ft

Est. 241% increase in value since last sale

Current estimated payment $679 / mo

50 Days on Market

About This Home

As of December 2023

Great addition to any rental portfolio. 2-unit duplex with two 1 bed 1 bath units. Needs some TLC, including new front doors. Doors and windows boarded up currently. Property is vacant and available for inspection. Being sold AS/IS and the seller prefers offers with no inspection contingencies. Will need to unscrew plywood at front door to enter. Please replace the plywood when finished. No assignments. No wholesalers.

Last Agent to Sell the Property

Corwyn Smith

Harvest Realty License #362720 Listed on: 10/20/2023

Last Buyer's Agent

Monica Mauricio

REMAX Experts License #273318

REMAX Experts

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1946

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x123

Home Design

  • Duplex

Interior Spaces

  • 1,310 Sq Ft Home
  • 1-Story Property
  • Eat-In Kitchen

Community Details

  • Hillcrest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 052094 00005

Property Details

Home Type

Multi-Family

Year Built

Built in 1946

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • MAAR Subdivision Name: HILLCREST
  • Freestanding: Yes
  • Number Of Stories: 1
  • Estimated Sq Ft: 1310
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Lot Info

  • Lot Number: 49
  • Acreage: 0.14
  • Lot Size: 50X123

Tax Info

  • Assessor Parcel Number: 052094 00005

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2023
Closed on
Dec 18, 2023
Sold by
Bought by
Seller's Agent
Corwyn Smith
Harvest Realty
Buyer's Agent
Monica Mauricio
REMAX Experts
List Price
$39,000
Sold Price
$34,000
Premium/Discount to List
-$5,000
-12.82%
Views
98
Current Estimated Value
$116,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,027
Avg. Annual Appreciation
60.34%

Purchase Details

Closed on
Mar 12, 2019
Sold by
Bought by

Purchase Details

Closed on
Feb 19, 1999
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Binghampton, TN

  • Carla Quintero Real Estate Agent - REMAX Experts

    Carla Quintero

    REMAX Experts

    (901) 295-0622

    76 Total Sales

    1 in Binghampton

    $60,000 Price

    Carla Quintero
     Section Image
  • Jordan Ray Real Estate Agent - eXp Realty

    Jordan Ray

    eXp Realty

    (901) 350-7982

    179 Total Sales

    1 in Binghampton

    $110,000 Price

    Jordan Ray
     Section Image
  • Jennifer Steinmetz Real Estate Agent - REMAX Experts

    Jennifer Steinmetz

    REMAX Experts

    (901) 446-2553

    22 Total Sales

    1 in Binghampton

    $225,000 Price

    Jennifer Steinmetz
     Section Image
  • Frances Anderson Real Estate Agent - Crye-Leike, Inc., REALTORS

    Frances Anderson

    Crye-Leike, Inc., REALTORS

    (901) 979-5033

    135 Total Sales

    1 in Binghampton

    $50,000 Price

    Frances Anderson
     Section Image
  • Scott Carrier Real Estate Agent - Keller Williams

    Scott Carrier

    Keller Williams

    (901) 979-1956

    141 Total Sales

    1 in Binghampton

    $117,000 Price

    Scott Carrier
     Section Image
  • Tara Woodley Real Estate Agent - Zach Taylor Real Estate

    Tara Woodley

    Zach Taylor Real Estate

    (901) 437-5536

    83 Total Sales

    1 in Binghampton

    $180,000 Price

    Tara Woodley
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$34,000 Regency Title & Escrow
$20,000 Closetrak Closing & Ttl Svcs
$47,500 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/28/2023 12/28/23 Sold $34,000 -2.6% $26 / Sq Ft
12/09/2023 12/09/23 Pending -- -- --
12/08/2023 12/08/23 Price Changed $34,900 -10.5% $27 / Sq Ft
11/29/2023 11/29/23 For Sale $39,000 0.0% $30 / Sq Ft
11/21/2023 11/21/23 Pending -- -- --
11/06/2023 11/06/23 For Sale $39,000 0.0% $30 / Sq Ft
10/31/2023 10/31/23 Pending -- -- --
10/20/2023 10/20/23 For Sale $39,000 -- $30 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $493 $18,320 $3,600 $14,720
2024 $442 $13,040 $1,800 $11,240
2023 $794 $13,040 $1,800 $11,240
2022 $794 $13,040 $1,800 $11,240
2021 $450 $13,040 $1,800 $11,240
2020 $956 $13,200 $1,800 $11,400
2019 $497 $15,560 $1,800 $13,760
2018 $497 $15,560 $1,800 $13,760
2017 $509 $15,560 $1,800 $13,760
2016 $797 $18,240 $0 $0
2014 $797 $18,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    Corwyn Smith

    Harvest Realty

    Section Image
  • Monica Mauricio Real Estate Agent - RE/MAX

    Buyer's Agent in 2023

    Monica Mauricio

    RE/MAX

    (901) 262-3838

    5 in this area

    128 Total Sales

    Monica Mauricio
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10159281

Memphis Area Association of REALTORS®

APN: 05-2094-0-0005

Tennessee Shelby County Memphis 38112 Binghampton

3117 Faxon Ave Unit 3117/3119, Memphis, TN

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