NOT LISTED FOR SALE

3618 Faxon Ave Unit 1 Memphis, TN 38122

Berclair Neighborhood

Estimated Value: $76,000 - $234,991

1 Bed
1 Bath
1,100 Sq Ft
$157/Sq Ft Est. Value

Last Sold June 11, 2015

Last sale price $29,900 $27 Per Sq Ft

Est. 479% increase in value since last sale

Current estimated payment $1,024/month

Highlights

  • Deck
  • Wood Flooring
  • Porch
  • Traditional Architecture
  • Some Wood Windows
  • Storm Windows

About This Home

As of June 2015

Both buildings are being sold As-Is and in need of repair. Front duplex is 3618 number 1 & 2, 1 bedroom, 1 bath, kitchen (no appliances) and a den. A door needs to be removed to go back to a duplex. Back building is 3616 number 1 & 2, 2 bedrooms, 1 bath, kitchen (no appliances) and a den. With work this could be a good investment.

Last Agent to Sell the Property

Jon Moss

John Green & Co., REALTORS License #247715 Listed on: 01/15/2015

Last Buyer's Agent

Andrew Foster

Keller Williams License #248557

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,389

Year Built

  • Built in 1920

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 50x200
  • Level Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,100 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Some Wood Windows
  • Aluminum Window Frames
  • Storm Windows

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Outdoor Features

  • Deck
  • Porch

Utilities

  • Baseboard Heating
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Highland Heights Blk 20 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 038066 00022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,389

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Cross Street: Sevier
  • Second Address Number: 3618 2
  • MLS Map #: 752E
  • MAAR Subdivision Name: HIGHLAND HEIGHTS BLK 20
  • Freestanding: Yes
  • List Price Per Sq Ft: 36
  • Number Of Stories: 1
  • Price Per Sq Ft: 27.18
  • Estimated Sq Ft: 1100
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling
  • Estimated Entire Duplex Sq Ft: Not Available
  • Miscellaneous Interior: Cable Available

Exterior Features

  • Misc Exterior: Porch, Deck, Separate Meters
  • Exterior Windows: Wood/Composition, Wood Window(s), Aluminum Window(s), Storm Window(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Heating: Baseboard, Wall Heat
  • Hot Water: Electric

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: W PT 27
  • Acreage: 0.22
  • Lot Size: 50X200
  • Price Per Acre: 181364

Tax Info

  • Assessor Parcel Number: 038066 00022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2020
Sold by
Mcinish Thomas H and Mcinish Margaret
Bought by
Oro Investment Gp
Current Estimated Value
$172,998

Purchase Details

Closed on
Dec 12, 2019
Sold by
Straight Quarters Llc
Bought by
Mcinish Tom and Mcinish Margaret

Purchase Details

Closed on
Jun 23, 2017
Sold by
Waters Jason E
Bought by
Straight Quarters Llc

Purchase Details

Listed on
Jan 15, 2015
Closed on
Jun 11, 2015
Sold by
Sather Mary
Bought by
Waters Jason E
Seller's Agent
Jon Moss
John Green & Co., REALTORS
Buyer's Agent
Andrew Foster
Keller Williams
List Price
$45,000
Sold Price
$29,900
Premium/Discount to List
-$15,100
-33.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.46%

Purchase Details

Closed on
Dec 9, 2004
Sold by
Mangrum Harold D
Bought by
Sather Gordon H and Sather Mary
Source: Public Records

Range of Values:

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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
Oro Investment Gp $42,500 None Available
Mcinish Tom $40,000 Sure Title Company Llc
Straight Quarters Llc -- Premium Title Group Llc
Waters Jason E $2,900 None Available
Sather Gordon H -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/11/2015 06/11/15 Sold $29,900 -33.6% $27 / Sq Ft
04/24/2015 04/24/15 Pending -- -- --
01/15/2015 01/15/15 For Sale $45,000 -- $41 / 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 $1,389 $101,560 $6,600 $94,960
2024 $1,389 $40,960 $3,520 $37,440
2023 $2,495 $40,960 $3,520 $37,440
2022 $2,495 $40,960 $3,520 $37,440
2021 $2,524 $40,960 $3,520 $37,440
2020 $2,924 $40,360 $2,840 $37,520
2019 $1,290 $40,360 $2,840 $37,520
2018 $1,290 $40,360 $2,840 $37,520
2017 $1,320 $40,360 $2,840 $37,520
2016 $2,105 $48,160 $0 $0
2014 $2,105 $48,160 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    Jon Moss

    John Green & Co., REALTORS

    Section Image

  • A

    Buyer's Agent in 2015

    Andrew Foster

    Keller Williams

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9943254

Memphis Area Association of REALTORS®

APN: 03-8066-0-0022

Tennessee Shelby County Memphis 38122 Berclair

3618 Faxon Ave Unit 1, Memphis, TN

This home is located at 3618 Faxon Ave Unit 1, Memphis, TN 38122 since 15 January 2015 and is currently estimated at $172,998, approximately $157 per square foot. This property was built in 1920. 3618 Faxon Ave Unit 1 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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