NOT LISTED FOR SALE

3117 Faxon Ave Memphis, TN 38112

Binghampton Neighborhood

Estimated Value: $53,000 - $119,000

2 Beds
2 Baths
1,200-1,399 Sq Ft
$65/Sq Ft Est. Value

Last Sold March 14, 2019

Last sale price $27,000 $19 Per Sq Ft

Est. 250% increase in value since last sale

Current estimated payment $533/month

3 Days on Market

Highlights

  • Traditional Architecture
  • Landscaped
  • Dining Room
  • Brick Veneer
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of March 2019

This home is located at 3117 Faxon Ave, Memphis, TN 38112 since 25 February 2019 and is currently estimated at $91,564, approximately $76 per square foot. This property was built in 1946. 3117 Faxon Ave is a home located in Shelby County with nearby schools including Treadwell Elementary School, Treadwell Middle School, and Douglass High School.

Last Agent to Sell the Property

Farris Ibrahim

Renshaw Company, REALTORS License #338563 Listed on: 02/25/2019

Last Buyer's Agent

Frank Warren

Coldwell Banker Collins-Maury License #330414

Coldwell Banker Collins-Maury

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1946

Lot Details

  • 6,098 Sq Ft Lot
  • Landscaped

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Property Attached
  • Brick Veneer

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,310 Sq Ft Home
  • 1-Story Property
  • Dining Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Ground Level
  • Central Heating and Cooling System

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

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: Ground Level-Single Story
  • MAAR Subdivision Name: HILLCREST
  • List Price Per Sq Ft: 21
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1310
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Dining Room

Exterior Features

  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Landscaped
  • Lot Number: 49
  • Acreage: 0.14
  • Lot Size: .3

Tax Info

  • Assessor Parcel Number: 052094 00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2023
Sold by
Kenn T Ishida Trust
Bought by
Zamora Denis and Zamora Columba Torres
Current Estimated Value
$94,469

Purchase Details

Listed on
Feb 25, 2019
Closed on
Mar 12, 2019
Sold by
Task Melissa R
Bought by
Ishida Kenn Toshio and Kenn T Ishida Trust
Seller's Agent
Farris Ibrahim
Renshaw Company, REALTORS
Buyer's Agent
Frank Warren
Coldwell Banker Collins-Maury
List Price
$27,000
Sold Price
$27,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.74%

Purchase Details

Closed on
Feb 19, 1999
Sold by
Reggie Jennings
Bought by
Russell Melissa R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,869
Interest Rate
6.79%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zamora Denis $34,000 Regency Title & Escrow
Ishida Kenn Toshio $20,000 Closetrak Closing & Ttl Svcs
Russell Melissa R $47,500 --
Russell Melissa R $47,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Russell Melissa R $36,869
Closed Russell Melissa R $9,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2019 03/14/19 Sold $27,000 0.0% $23 / Sq Ft
02/28/2019 02/28/19 Pending -- -- --
02/25/2019 02/25/19 For Sale $27,000 -- $23 / 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 $442 $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

  • Farris Ibrahim

    Seller's Agent in 2019

    Farris Ibrahim

    Renshaw Company, REALTORS

    (901) 412-8208

    20 Total Sales

    Farris Ibrahim
    Section Image
  • Frank Warren

    Buyer's Agent in 2019

    Frank Warren

    Coldwell Banker Collins-Maury

    (901) 212-5350

    55 Total Sales

    Frank Warren
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10046662

Memphis Area Association of REALTORS®

APN: 05-2094-0-0005

Tennessee Shelby County Memphis 38112 Binghampton

3117 Faxon Ave, Memphis, TN

Not Listed for Sale

MultiFamily

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