3680 Faxon Ave Memphis, TN 38122
Berclair NeighborhoodEstimated Value: $129,000 - $151,000
3
Beds
2
Baths
1,399
Sq Ft
$101/Sq Ft
Est. Value
Highlights
- 0.4 Acre Lot
- Cooling System Mounted To A Wall/Window
- Carpet
- No HOA
- Central Heating and Cooling System
About This Home
As of September 2019Great investment property for sale. Previously rented for $800/month. Needs TLC, but has a lot of potential. Screened in porch in the back. Selling AS-IS, cash only.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $991
Year Built
- Built in 1935
Lot Details
- 0.4 Acre Lot
- Lot Dimensions are 89.45 x 200
Parking
- Parking Pad
Interior Spaces
- Property has 3 Levels
- Carpet
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Utilities
- Cooling System Mounted To A Wall/Window
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- Highland Heights Blk 20 Subdivision
Listing and Financial Details
- Assessor Parcel Number 038078 00041
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 14, 2019
Closed on
Oct 21, 2019
Sold by
Steinberg David
Bought by
Gold Star Homes Llc
List Price
$69,900
Sold Price
$50,000
Premium/Discount to List
-$19,900
-28.47%
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
$91,060
Avg. Annual Appreciation
18.63%
Original Mortgage
$40,000
Interest Rate
3.5%
Mortgage Type
Commercial
Purchase Details
Listed on
Aug 14, 2019
Closed on
Sep 24, 2019
Sold by
Medlock Lyna and Medlock Dan L
Bought by
Steinberg David
List Price
$69,900
Sold Price
$50,000
Premium/Discount to List
-$19,900
-28.47%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
3.5%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 17, 2006
Sold by
Fannie Mae
Bought by
Medlock Danll and Medlock Lyna
Purchase Details
Closed on
Jan 18, 2006
Sold by
Carey Hugh F
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Jul 29, 2003
Sold by
Marquis Doris C
Bought by
Carey Hugh F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,175
Interest Rate
5.24%
Mortgage Type
Purchase Money Mortgage
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gold Star Homes Llc | $69,000 | None Available | |
| Steinberg David | $50,000 | Sure Title Company Llc | |
| Medlock Danll | $49,900 | Fidelity Title & Escrow Inc | |
| Federal National Mortgage Association | $51,594 | None Available | |
| Carey Hugh F | $66,500 | Title & Escrow Services Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Steinberg David | $40,000 | |
| Previous Owner | Carey Hugh F | $63,175 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/25/2019 09/25/19 | Sold | $50,000 | -28.5% | $36 / Sq Ft |
| 09/05/2019 09/05/19 | Pending | -- | -- | -- |
| 08/14/2019 08/14/19 | For Sale | $69,900 | -- | $50 / Sq Ft |
Source: Realtracs
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 | $597 | $30,625 | $4,825 | $25,800 |
| 2024 | $597 | $17,625 | $3,525 | $14,100 |
| 2023 | $1,074 | $17,625 | $3,525 | $14,100 |
| 2022 | $1,074 | $17,625 | $3,525 | $14,100 |
| 2021 | $1,086 | $17,625 | $3,525 | $14,100 |
| 2020 | $900 | $12,425 | $2,825 | $9,600 |
| 2019 | $397 | $12,425 | $2,825 | $9,600 |
| 2018 | $397 | $12,425 | $2,825 | $9,600 |
| 2017 | $406 | $12,425 | $2,825 | $9,600 |
| 2016 | $557 | $12,750 | $0 | $0 |
| 2014 | $557 | $12,750 | $0 | $0 |
Source: Public Records
Map
Source: Realtracs
MLS Number: 3026142
APN: 03-8078-0-0041
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