NOT LISTED FOR SALE

Estimated Value: $154,000 - $337,938

0.12 Acre
$2,183,208 Price per Acre
5,227 Sq Ft Lot

Last Sold March 19, 2021

Last sale price $16,000

Est. 1,537% increase in value since last sale

Current estimated payment $1,675/month

11 Days on Market

About This Lot

As of March 2021

This home is located at 990 Faxon Ave, Memphis, TN 38105 since 08 February 2021 and is currently estimated at $261,985. 990 Faxon Ave is a home located in Shelby County with nearby schools including Manassas High School, Memphis Scholars Caldwell-Guthrie, and Perea Elementary School.

Last Agent to Sell the Property

Kenishuia Thomas

Vylla Home License #357989 Listed on: 02/08/2021

Vylla Home

Last Buyer's Agent

Samantha Rivera

REMAX Experts License #341524

REMAX Experts

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,688

Lot Details

  • 5,227 Sq Ft Lot
  • Rural Setting
  • Level Lot
  • Property is zoned RU-3

Community Details

  • Galloway Park Blk 11 Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$2,688

Lot Details

0

Listing Details

  • Class: Land
  • Type: Land
  • Location: Rural
  • MLS Map #: 741N
  • MAAR Subdivision Name: Galloway Park Blk 11
  • Price Per Sq Ft: 133333.33
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Rural

Lot Info

  • Acreage: 0.12
  • Lot Size: 5500
  • Price Per Acre: 95833
  • Zoning: RU-3
  • Present Usage: None/Vacant
  • Shape: Regular
  • Topographic Feature: Level
  • Zoning Of Adjacent Area: Rural, Single Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 12, 2023
Sold by
Agrelli Capital Llc
Bought by
Inkan Builders Llc
Current Estimated Value
$261,985

Purchase Details

Listed on
Feb 8, 2021
Closed on
Mar 19, 2021
Sold by
Pollan Randall M and Pollan Russell L
Bought by
Agrelli Holdings Llc
Seller's Agent
Kenishuia Thomas
Vylla Home
Buyer's Agent
Samantha Rivera
REMAX Experts
List Price
$4,500
Sold Price
$16,000
Premium/Discount to List
$11,500
255.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
89.22%

Purchase Details

Closed on
May 8, 2013
Sold by
County Of Shelby
Bought by
Pollan Edward L
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
Inkan Builders Llc $32,000 --
Agrelli Holdings Llc $16,000 Foundation Title & Escrow
Pollan Edward L $1,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Inkan Builders Llc $325,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2021 03/19/21 Sold $16,000 +39.1% --
02/12/2021 02/12/21 Price Changed $11,500 +155.6% --
02/08/2021 02/08/21 For Sale $4,500 -- --
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 $2,688 $122,400 $7,200 $115,200
2024 $38 $79,280 $1,800 $77,480
2023 $69 $1,125 $1,125 $0
2022 $69 $1,125 $1,125 $0
2021 $81 $1,125 $1,125 $0
2020 $82 $1,125 $1,125 $0
2019 $36 $1,125 $1,125 $0
2018 $36 $1,125 $1,125 $0
2017 $37 $1,125 $1,125 $0
2016 $49 $1,125 $0 $0
2014 $49 $1,125 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10093485

Memphis Area Association of REALTORS®

APN: 02-1016-0-0007