NOT LISTED FOR SALE

985 Faxon Ave Memphis, TN 38105

Crosstown Neighborhood

Estimated Value: $88,000 - $150,000

2 Beds
1 Bath
1,200-1,399 Sq Ft
$76/Sq Ft Est. Value

Last Sold March 20, 2019

Last sale price $35,000 $25 Per Sq Ft

Est. 205% increase in value since last sale

Current estimated payment $619/month

5 Days on Market

About This Home

As of March 2019

As Is Sale

Last Agent to Sell the Property

Wayne Moody

Epique Realty License #297485 Listed on: 12/01/2018

Epique Realty

Last Buyer's Agent

Jason Davis

Keller Williams Realty License #341349

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $341

Year Built

  • Built in 1912

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50 x 119
  • Few Trees

Parking

  • Driveway

Home Design

  • Bungalow
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,302 Sq Ft Home
  • 1-Story Property
  • Iron Doors

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Community Details

  • Galloway Park Blk 10 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 021017 00015

Home Details

Home Type

Single Family

Est. Annual Taxes

$341

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Bungalow
  • Detached Unit Type: General Residential
  • MLS Map #: 741D
  • MAAR Subdivision Name: GALLOWAY PARK BLK 10
  • List Price Per Sq Ft: 27
  • Number Of Stories: 1
  • Price Per Sq Ft: 26.88
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1302
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Vinyl Siding
  • Foundation: Slab

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Security: Iron Door(s)

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 15
  • Acreage: 0.13
  • Lot Size: 50 X 119
  • Price Per Acre: 269231

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 021017 00015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 7, 2021
Sold by
Khanh Le Nha
Bought by
Le Nha Khanh Thuy and Pham Steven Hong
Current Estimated Value
$106,693

Purchase Details

Listed on
Mar 10, 2017
Closed on
Apr 25, 2017
Sold by
Wilmington Savings Fund Society Fsb
Bought by
First Choice Investments Group Llc
Seller's Agent
Kim Laughter-Foley
Laughter Realty Company
Buyer's Agent
Kim Laughter-Foley
Laughter Realty Company
List Price
$7,500
Sold Price
$7,550
Premium/Discount to List
$50
0.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.01%

Purchase Details

Closed on
Dec 9, 2016
Sold by
Middleton Dikimberly and Middleton Dikimberly S
Bought by
Wilimington Savings Savigs Fund and Christiana Trust

Purchase Details

Closed on
Oct 15, 2007
Sold by
Jpmorgan Chase Bank
Bought by
Middleton Dikimberly S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,000
Interest Rate
6.27%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 12, 2007
Sold by
Parker Solomon and Parker Ula
Bought by
Jpmorgan Chase Bank and Bank One Na
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
Le Nha Khanh Thuy -- Apperson Crump Plc
First Choice Investments Group Llc $7,550 None Available
Wilimington Savings Savigs Fund $14,000 None Available
Middleton Dikimberly S $11,750 Signature Title Llc
Jpmorgan Chase Bank $23,612 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Middleton Dikimberly $46,000
Previous Owner Parker Solomon $27,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2019 03/20/19 Sold $35,000 0.0% $29 / Sq Ft
12/06/2018 12/06/18 Pending -- -- --
12/01/2018 12/01/18 For Sale $35,000 +363.6% $29 / Sq Ft
05/05/2017 05/05/17 Sold $7,550 +0.7% $6 / Sq Ft
03/28/2017 03/28/17 Pending -- -- --
03/10/2017 03/10/17 For Sale $7,500 -- $6 / 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 $341 $15,925 $4,500 $11,425
2024 $341 $10,050 $1,125 $8,925
2023 $612 $10,050 $1,125 $8,925
2022 $612 $10,050 $1,125 $8,925
2021 $347 $10,050 $1,125 $8,925
2020 $493 $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

  • Wayne Moody

    Seller's Agent in 2019

    Wayne Moody

    Epique Realty

    (901) 340-1902

    1 in this area

    21 Total Sales

    Wayne Moody
    Section Image
  • Jason Davis

    Buyer's Agent in 2019

    Jason Davis

    Keller Williams Realty

    (901) 791-1098

    100 Total Sales

    Jason Davis
    Section Image

  • K

    Seller's Agent in 2017

    Kim Laughter-Foley

    Laughter Realty Company

    (901) 573-2904

    1 in this area

    50 Total Sales

    Kim Laughter-Foley
    Section Image

  • L

    Seller Co-Listing Agent in 2017

    Liz Laughter

    Laughter Realty Company

    (901) 647-5240

    1 in this area

    8 Total Sales

    Liz Laughter
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10041652

Memphis Area Association of REALTORS®

APN: 02-1017-0-0015

Tennessee Shelby County Memphis 38105 Crosstown

985 Faxon Ave, Memphis, TN

This home is located at 985 Faxon Ave, Memphis, TN 38105 since 01 December 2018 and is currently estimated at $106,693, approximately $76 per square foot. This property was built in 1912. 985 Faxon Ave is a home located in Shelby County with nearby schools including Manassas High School, Memphis Scholars Caldwell-Guthrie, and Perea Elementary School.

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