$35,000
SOLD MAR 20, 2019

985 Faxon Ave Memphis, TN 38105

Crosstown Neighborhood
2 Beds
1 Bath
1,200-1,399 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$25 Per Sq Ft

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

Similar Homes in Memphis, TN

  • 2139 Lyon Ave, Memphis, TN 38108

    $33,900

    • 2 Beds
    • 1 Bath
    • 800+ Sq Ft
    • 2139 Lyon Ave
    • Memphis, TN

    Fantastic Investment Opportunity In Hyde Park neighborhood! AS-IS! No wholesalers! No seller financing! Cash or Hard Money offers only! The seller is looking for offers with no inspection contingencies since the property is vacant and can be viewed anytime. Rental rates for the area are $750 - $1,100/month. VIDEO AVAILABLE UPON REQUEST!

    Jordan Ray eXp Realty, LLC

    Section Image
  • 1381 James St, Memphis, TN 38106

    $29,000

    • 4 Beds
    • 2 Baths
    • 1,200+ Sq Ft
    • 1381 James St
    • Memphis, TN

    Back on market at no fault to the seller. Great opportunity to own a 2 story income property. The upstairs unit has its own separate door with 2 rooms up and a small kitchen, bath and could be used as a duplex. The roof is approximately 11 years old.

    Caleb Hall Keller Williams

    Section Image
  • 271 Bertha Ave, Memphis, TN 38106

    $30,000

    • 2 Beds
    • 1 Bath
    • 600+ Sq Ft
    • 271 Bertha Ave
    • Memphis, TN

    Excellent Investment Opportunity - This brick home offers great potential as a 2-bedroom, 1-bath fixer-upper located in a quiet cove. Ideal for investors or buyers seeking a value-add property. Home is vacant, easy to show, and ready for your vision. Don’t miss this chance—act quickly!

    Katrina Smith Keller Williams

    Section Image
  • 3644 Dumas St, Memphis, TN 38127

    $35,350

    • 3 Beds
    • 1 Bath
    • 800+ Sq Ft
    • 3644 Dumas St
    • Memphis, TN

    Part of a 49 Home package all in 38127! Excellent investment property! House has been gutted and ready for rehab.

    Caleb Hall Keller Williams

    Section Image
  • 2965 Lotus Rd, Memphis, TN 38109

    $42,000

    • 1 Bed
    • 1 Bath
    • 800+ Sq Ft
    • 2965 Lotus Rd
    • Memphis, TN

    INVESTOR SPECIAL!! Cute 1BR/1BA home located in Southwest Memphis area off of Lotus Rd near U.S. 61 South. This quaint home has Primary Bedroom, shared Bathroom, Kitchen, Living Room and a small Sunroom off of the rear of the home with it's own small storage area as well. Lot is 0.6 Acres with a larger front yard and a smaller back yard. It is close to shopping and restaurants off of U.S. 61 as

    Edwin Scruggs BHHS Taliesyn Realty

    Section Image
  • 1041 Palmetto Ave, Memphis, TN 38107

    $40,000

    • 4 Beds
    • 1 Bath
    • 1,200+ Sq Ft
    • 1041 Palmetto Ave
    • Memphis, TN

    INVESTOR SPECIAL! This 4 bed, 1 bath home is a great opportunity for a buyer looking for a project. Can be a good flip, but it also has solid rental potential. Located just minutes from Crosstown Concourse, the Medical District, and downtown Memphis, the location is ideal for future tenants or resale value. The home needs work but offers a great layout. Being sold as-is. Bring your vision and

    Joshua Moss KAIZEN Realty, LLC

    Section Image
  • 834 Crockett St, Memphis, TN 38107

    $28,599

    • 2 Beds
    • 1 Bath
    • 700 Sq Ft
    • 834 Crockett St
    • Memphis, TN

    This is a 2 bedroom 1 bathroom home with gas cooking being priced to sell. One of the most affordable houses in the area. Lot of house for the money. Could be a great primary residence or investment property. Cash offers only, please do inspections upfront. Property being sold as-is. Seller won't make repairs or remove any of the debris or furnishings. Once rehabbed this home could be worth a

    Tyler Tapley Crye-Leike, Inc., REALTORS

    Section Image
  • 890 Maury St, Memphis, TN 38107

    $39,000

    • 3 Beds
    • 1 Bath
    • 1,261 Sq Ft
    • 890 Maury St
    • Memphis, TN

    Investor Special Don't miss this value-add opportunity in the heart of North Memphis. This 3-bedroom, 1-bath brick home offers approximately 1,261 square feet of living space and sits on a spacious lot. The property is in need of a full renovation, making it a perfect candidate for seasoned investors or contractors looking for their next project. Offered at just $39,000. Being sold as-is.

    DANIEL DEMERS Sell Your Home Services LLC

    Section Image
  • 1212 Capital Ave, Memphis, TN 38107

    $34,999

    • 3 Beds
    • 1 Bath
    • 1,000+ Sq Ft
    • 1212 Capital Ave
    • Memphis, TN

    Historic brick home, formerly a boarding house with 4 bedrooms. Needs full renovation. Solid structure and great potential. Priced to sell! No Wholesalers!

    Virgil Pryor Harris Realty Services

    Section Image
See All Homes in Memphis

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Apperson Crump Plc
Special Warranty Deed $7,550 None Available
Trustee Deed $14,000 None Available
Special Warranty Deed $11,750 Signature Title Llc
Trustee Deed $23,612 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $46,000 Credit Line Revolving
Previous Owner $27,000 Unknown
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

    20 Total Sales

    Wayne Moody
    Section Image
  • Jason Davis

    Buyer's Agent in 2019

    Jason Davis

    Keller Williams Realty

    (901) 791-1098

    97 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

    49 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
See All Agents

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 and is currently priced at $35,000, approximately $25 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Memphis Area Association of REALTORS® 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.
Some or all of the listings displayed may not belong to the firm whose website is being visited. Copyright© 2025 Memphis Area Association of REALTORS®.

Nearby Homes