Seller's Agent in 2021
Monica Bynum
Crye-Leike, Inc., REALTORS
(901) 833-5456
3 in this area
228 Total Sales
862 Faxon Ave Memphis, TN 38105
Crosstown NeighborhoodEstimated Value: $195,000 - $204,000
3
Beds
2
Baths
1,200-1,399
Sq Ft
$143/Sq Ft
Est. Value
Highlights
- Updated Kitchen
- Attic
- Bonus Room
- Main Floor Primary Bedroom
- Separate Formal Living Room
- Some Wood Windows
About This Home
As of August 2021COMPLETELY RENOVATED AND NEW PRICE! This 3brm/2bath with bonus area upstairs near Downtown and Midtown is the one! This home features a front porch that extends to the side of the home. New Kitchen with Island for Entertaining and Eat In Area, Gorgeous Backsplash, Stainless Steel Appliances, Primary Bedroom with En-Suite Bathroom, New Flooring, Interior/Exterior Paint, HVAC, Roof, Hot Water Tank, Electrical, Plumbing, Fenced Backyard, & Cameras! So much to see! Book your showing today!
Last Agent to Sell the Property
Crye-Leike, Inc., REALTORS License #343193 Listed on: 06/18/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $884
Year Built
- Built in 1938
Lot Details
- 5,227 Sq Ft Lot
- Lot Dimensions are 50x110
- Wood Fence
- Level Lot
Parking
- Driveway
Home Design
- Bungalow
- Composition Shingle Roof
- Pier And Beam
Interior Spaces
- 1,200-1,399 Sq Ft Home
- 1,334 Sq Ft Home
- 1.5-Story Property
- Smooth Ceilings
- Ceiling height of 9 feet or more
- Some Wood Windows
- Window Treatments
- Aluminum Window Frames
- Separate Formal Living Room
- Bonus Room
- Unfinished Basement
- Partial Basement
- Laundry Room
- Attic
Kitchen
- Updated Kitchen
- Eat-In Kitchen
- Self-Cleaning Oven
- Microwave
- Dishwasher
- Kitchen Island
Flooring
- Partially Carpeted
- Laminate
- Tile
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- Remodeled Bathroom
- 2 Full Bathrooms
Home Security
- Storm Doors
- Iron Doors
Outdoor Features
- Porch
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Community Details
- Galloway Park S/D Blk 4 Subdivision
Listing and Financial Details
- Assessor Parcel Number 027024 00022
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 18, 2021
Closed on
Aug 31, 2021
Sold by
Be Better Management Group Llc
Bought by
Drake Reagan Leanne
Seller's Agent
Monica Bynum
Crye-Leike, Inc., REALTORS
Buyer's Agent
Lindsay Jackson
Infinity Group REALTORS, Inc.
List Price
$195,000
Sold Price
$175,000
Premium/Discount to List
-$20,000
-10.26%
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
$25,706
Avg. Annual Appreciation
0.81%
Original Mortgage
$175,000
Outstanding Balance
$160,400
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$20,404
Purchase Details
Listed on
Oct 6, 2020
Closed on
Oct 19, 2020
Sold by
Richardson Erica R
Bought by
Be Better Management Group Llc
Seller's Agent
Debra Butts
Coldwell Banker Collins-Maury
Buyer's Agent
Blake Payne
C21 Home First, REALTORS
List Price
$35,000
Sold Price
$37,500
Premium/Discount to List
$2,500
7.14%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
487.45%
Purchase Details
Listed on
Apr 8, 2019
Closed on
Jun 6, 2019
Sold by
Mohammad Said
Bought by
Richardson Erica R
Seller's Agent
Kesha Hamilton
Keller Williams
Buyer's Agent
Debra Butts
Coldwell Banker Collins-Maury
List Price
$16,000
Sold Price
$17,500
Premium/Discount to List
$1,500
9.38%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
74.42%
Purchase Details
Closed on
Jun 15, 2018
Sold by
Home Partners Llc
Bought by
Mohammed Said
Purchase Details
Closed on
Mar 26, 2018
Sold by
Teamvest Llc
Bought by
Home Partners Llc
Purchase Details
Closed on
Apr 11, 2017
Sold by
Kingdom First Properties Llc
Bought by
Teamvest Llc
Purchase Details
Closed on
Nov 16, 2016
Sold by
Midfirst Bank
Bought by
Kingdom First Properties Llc
Purchase Details
Closed on
Mar 17, 2016
Sold by
Jones Johnnie and Jones Dorothy
Bought by
Baker Thomas F
Purchase Details
Closed on
Apr 29, 1999
Sold by
Mcgee Keith L and Mcgee Cheryl G
Bought by
Jones Johnnie and Jones Dorothy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,359
Interest Rate
7%
Mortgage Type
FHA
Purchase Details
Closed on
Jan 12, 1996
Bought by
Eugene Wilson
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Drake Reagan Leanne | $175,000 | None Available | |
| Be Better Management Group Llc | $75,000 | None Available | |
| Richardson Erica R | $17,500 | Land Title South Inc | |
| Mohammed Said | $10,000 | Bell & Alexander Title Servi | |
| Home Partners Llc | -- | None Available | |
| Teamvest Llc | $22,150 | None Available | |
| Kingdom First Properties Llc | $12,300 | None Available | |
| Baker Thomas F | $14,800 | None Available | |
| Jones Johnnie | $37,000 | -- | |
| Eugene Wilson | $27,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Drake Reagan Leanne | $175,000 | |
| Previous Owner | Jones Johnnie | $37,359 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/31/2021 08/31/21 | Sold | $175,000 | 0.0% | $146 / Sq Ft |
| 08/26/2021 08/26/21 | Pending | -- | -- | -- |
| 07/26/2021 07/26/21 | Price Changed | $175,000 | -4.6% | $146 / Sq Ft |
| 07/08/2021 07/08/21 | Price Changed | $183,500 | -5.9% | $153 / Sq Ft |
| 06/18/2021 06/18/21 | For Sale | $195,000 | +420.0% | $163 / Sq Ft |
| 10/19/2020 10/19/20 | Sold | $37,500 | +7.1% | $31 / Sq Ft |
| 10/08/2020 10/08/20 | Pending | -- | -- | -- |
| 10/06/2020 10/06/20 | For Sale | $35,000 | +100.0% | $29 / Sq Ft |
| 06/07/2019 06/07/19 | Sold | $17,500 | -2.8% | $15 / Sq Ft |
| 04/29/2019 04/29/19 | Price Changed | $18,000 | +12.5% | $15 / Sq Ft |
| 04/08/2019 04/08/19 | For Sale | $16,000 | -- | $13 / 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 | $884 | $48,600 | $4,500 | $44,100 |
| 2024 | -- | $26,075 | $1,125 | $24,950 |
| 2023 | $1,588 | $26,075 | $1,125 | $24,950 |
| 2022 | $1,588 | $26,075 | $1,125 | $24,950 |
| 2021 | $729 | $10,075 | $1,125 | $8,950 |
| 2020 | $217 | $6,800 | $1,125 | $5,675 |
| 2019 | $217 | $6,800 | $1,125 | $5,675 |
| 2018 | $217 | $6,800 | $1,125 | $5,675 |
| 2017 | $222 | $6,800 | $1,125 | $5,675 |
| 2016 | $297 | $6,800 | $0 | $0 |
| 2014 | $297 | $6,800 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Monica Bynum
-
Tyler Tapley
Seller Co-Listing Agent in 2021
Tyler Tapley
Crye-Leike, Inc., REALTORS
(901) 871-1290
8 in this area
1,221 Total Sales
-
Lindsay Jackson
Buyer's Agent in 2021
Lindsay Jackson
Infinity Group REALTORS, Inc.
(901) 246-9172
1 in this area
4 Total Sales
-
Debra Butts
Seller's Agent in 2020
Debra Butts
Coldwell Banker Collins-Maury
(901) 581-7777
2 in this area
11 Total Sales
-
Blake Payne
Buyer's Agent in 2020
Blake Payne
C21 Home First, REALTORS
(479) 774-4760
2 in this area
6 Total Sales
-
Kesha Hamilton
Seller's Agent in 2019
Kesha Hamilton
Keller Williams
(901) 831-5308
1 in this area
129 Total Sales
Map
Source: Memphis Area Association of REALTORS®
MLS Number: 10101980
APN: 02-7024-0-0022
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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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