NOT LISTED FOR SALE

3847 Faxon Ave Memphis, TN 38122

Berclair Neighborhood

Estimated Value: $129,000 - $199,000

2 Beds
1 Bath
2,139 Sq Ft
$76/Sq Ft Est. Value

Last Sold August 29, 2019

Last sale price $50,000 $23 Per Sq Ft

Est. 225% increase in value since last sale

Current estimated payment $966/month

Highlights

  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Great Room
  • Wood Flooring
  • 1 Fireplace
  • Some Wood Windows

About This Home

As of August 2019

Tenant occupied property that is rented for $675. Long term tenant (over 10 years) who is month to month. This sale also includes an adjacent lot on the same street. Brick exterior has hardwood floors and a nice floor plan with a living room and den. Per the assessor, this house is estimated at over 2000 square feet but please confirm. Home should be zoned for Grahamwood Elementary. Cash sales only, home needs repairs and is priced accordingly. Do not disturb or approach the tenant.

Last Agent to Sell the Property

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080 Listed on: 08/09/2019

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080 Listed on: 08/09/2019

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1945

Lot Details

  • 10,454 Sq Ft Lot
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,139 Sq Ft Home
  • 1.2-Story Property
  • 1 Fireplace
  • Some Wood Windows
  • Great Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway

Outdoor Features

  • Patio
  • Porch

Community Details

  • Oakcrest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 055067 00076

Home Details

Home Type

Single Family

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 752E
  • MAAR Subdivision Name: OAKCREST
  • List Price Per Sq Ft: 28
  • Number Of Stories: 1.2
  • Price Per Sq Ft: 23.38
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2139
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: Primary Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Hardwood
  • Full Bathrooms: 1
  • Living Dining Kitchen: Great Room
  • Number Of Fireplaces: 1
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Porch, Patio
  • Exterior Windows: Brick Veneer, Wood/Composition

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 17
  • Acreage: 0.24
  • Lot Size: 10283 SF 50 X 200
  • Price Per Acre: 250000

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 055067 00076

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2019
Closed on
Aug 29, 2019
Sold by
Legacy Partners Lp
Bought by
Tsrsdr Holdings Llc
Seller's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
List Price
$60,000
Sold Price
$50,000
Premium/Discount to List
-$10,000
-16.67%
Current Estimated Value
$162,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,357
Avg. Annual Appreciation
16.29%
Original Mortgage
$138,000
Outstanding Balance
$121,905
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$3,041

Purchase Details

Closed on
Jul 1, 1999
Sold by
Haddock David W
Bought by
Legacy Partners Lp
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
Tsrsdr Holdings Llc $50,000 Memphis Title Company
Legacy Partners Lp -- Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tsrsdr Holdings Llc $138,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2019 08/29/19 Sold $50,000 -16.7% $23 / Sq Ft
08/14/2019 08/14/19 Pending -- -- --
08/09/2019 08/09/19 For Sale $60,000 -- $28 / 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 -- $39,375 $4,125 $35,250
2024 -- $21,300 $2,250 $19,050
2023 $1,298 $21,300 $2,250 $19,050
2022 $1,298 $21,300 $2,250 $19,050
2021 $578 $21,300 $2,250 $19,050
2020 $1,065 $14,700 $1,800 $12,900
2019 $470 $14,700 $1,800 $12,900
2018 $470 $14,700 $1,800 $12,900
2017 $481 $14,700 $1,800 $12,900
2016 $715 $16,350 $0 $0
2014 $715 $16,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tyler Tapley

    Seller's Agent in 2019

    Tyler Tapley

    Crye-Leike, Inc., REALTORS

    (901) 871-1290

    79 in this area

    1,224 Total Sales

    Tyler Tapley
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10059336

Memphis Area Association of REALTORS®

APN: 05-5067-0-0076

Tennessee Shelby County Memphis 38122 Berclair

3847 Faxon Ave, Memphis, TN

This home is located at 3847 Faxon Ave, Memphis, TN 38122 since 09 August 2019 and is currently estimated at $162,357, approximately $75 per square foot. This property was built in 1945. 3847 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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