NOT LISTED FOR SALE

3589 Faxon Ave Memphis, TN 38122

Berclair Neighborhood

Estimated Value: $130,000 - $148,000

2 Beds
1 Bath
100-999 Sq Ft
$140/Sq Ft Est. Value

Last Sold March 14, 2023

Last sale price $143,000 $143 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $773/month

34 Days on Market

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • 2 Car Detached Garage
  • Wood Flooring
  • Separate Formal Living Room
  • Central Heating and Cooling System

About This Home

As of March 2023

Nicely renovated bungalow in Berclair now available! Refinished hardwood floors, new light fixtures, updated kitchen including new shaker style cabinets/granite. Renovated bathroom! Detached 2 car garage/work shop. New HVAC and Water Heater! Newer Roof! Will come with appliance package prior to closing (Refrigerator, range, microwave). Move in ready! Owner/Agent

Last Agent to Sell the Property

Caleb Parr

Renshaw Company, REALTORS License #340494 Listed on: 01/26/2023

Last Buyer's Agent

Caleb Parr

Renshaw Company, REALTORS License #340494 Listed on: 01/26/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $471

Year Built

  • Built in 1924

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Level Lot

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 100-999 Sq Ft Home
  • 854 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Separate Formal Living Room
  • Iron Doors

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Detached Garage
  • Front Facing Garage
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Highland Heights Blk 18 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 038064 00015

Home Details

Home Type

Single Family

Est. Annual Taxes

$471

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 752E
  • MAAR Subdivision Name: HIGHLAND HEIGHTS BLK 18
  • List Price Per Sq Ft: 175
  • Number Of Stories: 1
  • Price Per Sq Ft: 167.45
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 854
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 100-999
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Hardwood, Tile
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room
  • Number Of Fireplaces: 1
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2D
  • Parking Storage: Driveway/Pad, Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: NW PT 10
  • Acreage: 0.17
  • Lot Size: 50X150
  • Price Per Acre: 881176

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 038064 00015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2023
Closed on
Mar 13, 2023
Sold by
Straightline Investments Llc
Bought by
Hanson Bryan and Hanson Kristen
Seller's Agent
Caleb Parr
Renshaw Company, REALTORS
Buyer's Agent
Caleb Parr
Renshaw Company, REALTORS
List Price
$149,900
Sold Price
$143,000
Premium/Discount to List
-$6,900
-4.6%
Views
42
Current Estimated Value
$139,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,048
Avg. Annual Appreciation
-0.83%
Original Mortgage
$107,250
Outstanding Balance
$103,859
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$36,093

Purchase Details

Listed on
Mar 21, 2022
Closed on
Mar 3, 2022
Sold by
Goode Catherine T
Bought by
2B Development Llc
Seller's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
List Price
$76,000
Sold Price
$83,000
Premium/Discount to List
$7,000
9.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
76.24%
Original Mortgage
$400,000
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2004
Sold by
Tennessee Housing Development Agency
Bought by
Hud

Purchase Details

Closed on
Nov 4, 2004
Sold by
Barner Bruce B and Barner Dania J
Bought by
Tennessee Housing Development Agency
Source: Public Records

Range of Values:

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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
Hanson Bryan $143,000 Foundation Title
2B Development Llc $80,000 John D Smith Pllc
Hud $32,203 --
Tennessee Housing Development Agency $32,203 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hanson Bryan $107,250
Previous Owner 2B Development Llc $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/14/2023 03/14/23 Sold $143,000 -4.5% $1,430 / Sq Ft
03/01/2023 03/01/23 Pending -- -- --
02/03/2023 02/03/23 Price Changed $149,800 -0.1% $1,498 / Sq Ft
01/26/2023 01/26/23 For Sale $149,900 +80.6% $1,499 / Sq Ft
03/30/2022 03/30/22 Sold $83,000 +9.2% $97 / Sq Ft View Prior Sale
03/21/2022 03/21/22 Pending -- -- --
03/21/2022 03/21/22 For Sale $76,000 -- $89 / 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 $471 $36,750 $4,125 $32,625
2024 $471 $13,900 $2,000 $11,900
2023 $847 $13,900 $2,000 $11,900
2022 $825 $13,550 $2,000 $11,550
2021 $835 $13,550 $2,000 $11,550
2020 $721 $9,950 $1,600 $8,350
2019 $318 $9,950 $1,600 $8,350
2018 $318 $9,950 $1,600 $8,350
2017 $326 $9,950 $1,600 $8,350
2016 $397 $9,075 $0 $0
2014 $397 $9,075 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Caleb Parr

    Seller's Agent in 2023

    Caleb Parr

    Renshaw Company, REALTORS

    (901) 484-0478

    15 in this area

    395 Total Sales

    Caleb Parr
    Section Image
  • Tyler Tapley

    Seller's Agent in 2022

    Tyler Tapley

    Crye-Leike, Inc., REALTORS

    (901) 871-1290

    76 in this area

    1,206 Total Sales

    Tyler Tapley
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10141015

Memphis Area Association of REALTORS®

APN: 03-8064-0-0015

Tennessee Shelby County Memphis 38122 Berclair

3589 Faxon Ave, Memphis, TN

This home is located at 3589 Faxon Ave, Memphis, TN 38122 since 26 January 2023 and is currently estimated at $139,952, approximately $140 per square foot. This property was built in 1924. 3589 Faxon Ave is a home located in Shelby County with nearby schools including Grahamwood Elementary School, Treadwell Middle School, and Kingsbury High School.

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