3550 Faxon Ave Memphis, TN 38122
Berclair Neighborhood
1
Bed
1
Bath
1,420
Sq Ft
9,583
Sq Ft Lot
Highlights
- Traditional Architecture
- 1 Fireplace
- Eat-In Kitchen
- Wood Flooring
- Some Wood Windows
- Central Heating and Cooling System
About This Home
As of April 2025This home is located at 3550 Faxon Ave, Memphis, TN 38122 and is currently priced at $77,098, approximately $54 per square foot. This property was built in 1932. 3550 Faxon Ave is a home located in Shelby County with nearby schools including Grahamwood Elementary School, Treadwell Middle School, and Kingsbury High School.
Last Agent to Sell the Property
BHHS McLemore & Co. Realty License #353292 Listed on: 05/19/2021
Last Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
Home Details
Home Type
- Single Family
Year Built
- Built in 1932
Lot Details
- 9,583 Sq Ft Lot
- Lot Dimensions are 50x200
- Level Lot
Parking
- Driveway
Home Design
- Traditional Architecture
Interior Spaces
- 1,420 Sq Ft Home
- 1-Story Property
- 1 Fireplace
- Some Wood Windows
- Wood Flooring
- Eat-In Kitchen
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Community Details
- Highland Heights Blk 19 Subdivision
Listing and Financial Details
- Assessor Parcel Number 038063 00031
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 19, 2025
Closed on
Apr 18, 2025
Sold by
Pracma Investment Llc
Bought by
Safaie Ramin
Seller's Agent
Elizabeth Castillo
BEST Real Estate Company
Buyer's Agent
Elizabeth Castillo
BEST Real Estate Company
List Price
$154,900
Sold Price
$140,000
Premium/Discount to List
-$14,900
-9.62%
Views
14
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,977
Avg. Annual Appreciation
11.38%
Original Mortgage
$87,825
Outstanding Balance
$87,748
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$56,229
Purchase Details
Listed on
Oct 9, 2024
Closed on
Nov 9, 2024
Sold by
3550 Faxon Ave Llc
Bought by
Pracma Investments Llc
Seller's Agent
William Haynes
Crye-Leike, Inc., REALTORS
Buyer's Agent
Elizabeth Castillo
BEST Real Estate Company
List Price
$125,000
Sold Price
$100,000
Premium/Discount to List
-$25,000
-20%
Views
6
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
118.69%
Purchase Details
Listed on
May 19, 2021
Closed on
May 20, 2021
Sold by
Jist Properties Gp
Bought by
3550 Faxon Llc
Seller's Agent
Gary Garrison
BHHS McLemore & Co. Realty
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$94,000
Sold Price
$77,098
Premium/Discount to List
-$16,902
-17.98%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.76%
Purchase Details
Closed on
Feb 14, 2008
Sold by
Jist Properties Llc
Bought by
Jist Properties Gp
Purchase Details
Closed on
Sep 29, 2006
Sold by
Friedlander Steve
Bought by
Jist Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
6.45%
Mortgage Type
Unknown
Purchase Details
Closed on
Aug 1, 2003
Sold by
Sherman Madison and Sherman Vicki
Bought by
Moss D Michael and Moss Carolyn E
Purchase Details
Closed on
Jul 20, 2000
Sold by
Moss D Michael and Moss Carolyn E
Bought by
Sherman Madison and Sherman Vicki
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,800
Interest Rate
7.1%
Mortgage Type
Seller Take Back
Similar Homes in Memphis, TN
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $140,000 | Regency Title & Escrow | |
| Warranty Deed | $100,000 | Realty Title & Escrow | |
| Warranty Deed | $100,000 | Realty Title & Escrow | |
| Warranty Deed | $362,812 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $75,000 | None Available | |
| Warranty Deed | $52,000 | -- | |
| Warranty Deed | $61,800 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $87,825 | New Conventional | |
| Previous Owner | $390,000 | Commercial | |
| Previous Owner | $67,500 | Unknown | |
| Previous Owner | $55,800 | Seller Take Back | |
| Previous Owner | $25,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/18/2025 04/18/25 | Sold | $140,000 | -9.6% | $99 / Sq Ft |
| 02/27/2025 02/27/25 | Pending | -- | -- | -- |
| 02/19/2025 02/19/25 | For Sale | $154,900 | +54.9% | $109 / Sq Ft |
| 11/11/2024 11/11/24 | Sold | $100,000 | -18.7% | $70 / Sq Ft |
| 11/01/2024 11/01/24 | Pending | -- | -- | -- |
| 10/22/2024 10/22/24 | Price Changed | $123,000 | -1.6% | $87 / Sq Ft |
| 10/09/2024 10/09/24 | For Sale | $125,000 | +62.1% | $88 / Sq Ft |
| 05/21/2021 05/21/21 | Sold | $77,098 | -18.0% | $54 / Sq Ft |
| 05/20/2021 05/20/21 | Pending | -- | -- | -- |
| 05/19/2021 05/19/21 | For Sale | $94,000 | -- | $66 / Sq Ft |
Source: Memphis Area Association of REALTORS®
Tax History Compared to Growth
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 | -- | $14,240 | $6,600 | $7,640 |
| 2024 | $750 | $22,120 | $3,520 | $18,600 |
| 2023 | $1,347 | $22,120 | $3,520 | $18,600 |
| 2022 | $1,347 | $22,120 | $3,520 | $18,600 |
| 2021 | $1,363 | $22,120 | $3,520 | $18,600 |
| 2020 | $1,614 | $22,280 | $2,840 | $19,440 |
| 2019 | $712 | $22,280 | $2,840 | $19,440 |
| 2018 | $712 | $22,280 | $2,840 | $19,440 |
| 2017 | $729 | $22,280 | $2,840 | $19,440 |
| 2016 | $1,196 | $27,360 | $0 | $0 |
| 2014 | $1,196 | $27,360 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Elizabeth Castillo
E
Seller's Agent in 2025
Elizabeth Castillo
BEST Real Estate Company
(901) 497-4957
19 in this area
118 Total Sales
-
William Haynes
Seller's Agent in 2024
William Haynes
Crye-Leike, Inc., REALTORS
(865) 454-1124
19 in this area
257 Total Sales
-
Tyler Tapley
Seller Co-Listing Agent in 2024
Tyler Tapley
Crye-Leike, Inc., REALTORS
(901) 871-1290
82 in this area
1,248 Total Sales
-
Gary Garrison
Seller's Agent in 2021
Gary Garrison
BHHS McLemore & Co. Realty
(901) 690-5800
7 in this area
102 Total Sales
-
N
Buyer's Agent in 2021
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
Map
Source: Memphis Area Association of REALTORS®
MLS Number: 10100415
APN: 03-8063-0-0031
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