When was property at 1271 Faxon Avenue built and last sold?

The property at 1271 Faxon Avenue was built in 1927 and last sold on Aug 15, 2008 for $27,099.

How much is this home worth?

The estimated value of the home located at 1271 Faxon Avenue is $247,450.

What are some comparable homes to 1271 Faxon Avenue?

Homes that are comparable to 1271 Faxon Avenue include a house property at 749 North Watkins Street , 730 Dickinson Street , 941 Forrest Avenue .

Memphis

38104

North Memphis

1271 FAXON

1 / 12

Map

$244,089*

● House - Off Market

1271 FAXON

Memphis, TN 38104

2 Beds

2 Baths

$221,000 - $269,000

Reference Base Price*

-0.37%

Since Nov 1, 2023

National-US

Primary Model

Sold Aug 28, 2008

$27,099

Webb Thomas S

Buyer

Forbis Jim S

Seller

Sold Aug 06, 2008

$15,426

Forbis Jim S

Buyer

Mcdowell Patrick Mcdowell Holly

Seller

About This Property

Looking for a new house in Crosstown? Well, this one is practically it. Brand new from the inside out. Come live near the Crosstown Concourse, close to Downtown. Lots of eating places around. This house was gutted and has been completely updated inside and out. All new sheetrock, and fresh paint. New tile floors in Kitchen, bathrooms, laundry room, and back entryway. Fireplace-new plumbing-vent free. Primary bathroom added. Refinished hardwood floors.

Unit Size

Days on Market

Land Size

0.18 acres

Price per sqft

Property Type

House

Property Taxes

$91

HOA Dues

Year Built

1927

Price History

Date / Event	Date	Event
Oct 2, 2023	No longer available	-
No longer available
Jun 21, 2023	Price Decreased	$245,000 ↓ $40K (14%)
Price Decreased
Apr 27, 2023	Price Decreased	$284,900 ↓ $4K (1.4%)
Price Decreased
Mar 22, 2023	Listed	$289,000
Listed
Dec 23, 2022	No longer available	-
No longer available
Dec 8, 2022	Price Decreased	$289,000 ↓ $6K (2%)
Price Decreased
Aug 27, 2022	Price Decreased	$295,000 ↓ $4K (1.3%)
Price Decreased
Jul 21, 2022	Price Decreased	$299,000 ↓ $26K (8%)
Price Decreased
Jul 9, 2022	Listed	$325,000
Listed

	This beautiful 1927 Speedway Terrace 2 bedroom/2 bath home has been fully rennovated & is bursting with charm. Great care was taken in preserving & blending the original character with newer amenities. You'll love the massive front porch for morning coffee, refinished hardwood floors, the orginal craftsman molding, new windows, & large rooms. NEW: AC, furnace, roof, electrical, plumbing, deck, driveway, sheetrock, laundry & full bath added & much more. Walk to Crosstown… Groome & Co Realtors

Property Highlights

Fireplace

Air Conditioning

Building Info

Overview

General

Year Built: 1927

Effective Year Built: 1927
Building Count: 1
Total Rooms: 5
Bedroom Count: 2
Bathroom Count: 1
Full Bathrooms: 1
Partial Bathrooms: 1
Bathroom Plumbing Fixtures: 3
Building Condition: Average
Building Quality: D
Building Style: Bungalow
Exterior Walls Type: Brick veneer
Roof Shape Type: Gable
Roof Cover Type: Composition shingle
Floor Count: 1
Basement Type: Building with no basement
Basement Area: 0
Garage Type: Carport
Garage Square Area: 121
Parking Space Count: 5

Dimensions

Lot Size Square Feet: 8,000

Lot Size Depth Feet: 1,600
Lot Size Frontage Feet: 500
Total Building Area: 1,232
Gross Building Area: 1,232
Building Area: 1,232
Building Area Measurement: Living Area

Heating and Cooling

Air Conditioning: Unsure

Heating: Yes
Heated Square Feet: 1,232
Heating Fuel Type: Gas

Utilities

Sewer System: unknown

Water Service: unknown

Building

Property Class: Residential

Subdivision: SPEEDWAY TERRACE
Land Acres: 0.184
Standard Land Use Code: Single family residential
Legal Description 1: SS FAXON

Ownership

Current Owner : WEBB THOMAS S

Previous Owner : FORBIS JIM S
Owner Before Previous Owner: MCDOWELL PATRICK
Owner Before Previous Owner 2: MCDOWELL HOLLY
Current Owner Is a Corporation Indicator: Yes

Neighborhood

School District Name: Shelby County School District

Census Tract: 002500

Zoning

Zoning: RU-1

Geography

District: O

Parcel: 02-1099-0-0006
Block: A
Lot: 50
Municipality: MEMPHIS
Latitude: 35.155
Longitude: -90.0165

Address

Full Address: 1271 Faxon Ave

Address - House Number: 1271
Address - Street Name: Faxon
Address - Suffix Type: Ave
State: TN
City Name: Memphis
Carrier Code: C051
4-Digit Zip Code: 6810
Zip Code: 38104

Valuation

Tax

Tax Year: 2023

Tax Amount: $1,095

Appraisal Valuation

Standard Deviation: 0.1089

Valuation Date: Jan 17, 2024
Confidence Score: 89
Final Value: 234,016
High Value: 259,522
Low Value: 208,511

Market Valuation

Market Total Value: $71,900

Market Land Value: $8,000
Market Improvement Value: $63,900

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $17,975
Assessed Land Value: $2,000
Assessed Improvements Value: $15,975

Sales

Current Sale Contract Date: Aug 15, 2008

Current Sale Recording Date: Aug 28, 2008
Current Sale Transaction ID: 1176874616
Current Sale Price: $27,099
Current Sale Document Type: Warranty Deed
Current Sale Input Document Number: 08115125
Previous Sale Recording Date: Aug 06, 2008
Previous Sale Contract Date: Aug 04, 2008
Previous Sale Amount: $15,426
Previous Sale Document Type: Trustee's Deed (Certificate of Title)

Last Sale Mortgage

First Mortgage Lender: JIM S FORBIS

First Mortgage Transaction Date: Aug 28, 2008
First Mortgage Loan Amount: $28,151
First Mortgage Terms: 60
First Mortgage Loan Type: Seller take-back
First Mortgage Loan Due Date: Aug 15, 2013

Redact Ownership Info

Comparables

1589 North Main Street

Sold

House

5 Beds

1 Bath

$199,900 Mar 12, 2009

$199,900 Aug 28, 2009

$262/mo

749 North Watkins Street

Active

House

3 Beds

2 Baths

$260,000 Jun 20, 2023

$105/mo

730 Dickinson Street

Active

House

3 Beds

1 Bath

$199,000 Jun 4, 2023

$238/mo

941 Forrest Avenue

Active

House

3 Beds

2 Baths

$285,000 Oct 28, 2022

$643/mo

890 Stonewall Street

Active

House

3 Beds

2.5 Baths

$235,000 Dec 28, 2022

1281 Snowden Avenue

In Contract

House

3 Beds

2 Baths

$230,000 Jan 16, 2023

1361 N Parkway

Active

House

4 Beds

3 Baths

$249,900 Jun 24, 2022

1361 N Parkway

Active

Commercial

Loft

$249,900 Jun 1, 2022

About North Memphis

Stats & Trends

Median Asking:

$150,000

Sale Price/ft²

$100

Below Asking

0.05%

Average Days on Market

Average Home Size

70 ft²

Average Home Age

78.9 years

Currently For Sale

36 Listings

Similar Homes for Sale

Unit for sale at 1361 N Parkway, Memphis, TN 38104

$249,900

Commercial

1361 N Parkway, Memphis, TN 38104 Listing by William Mitchell

$249,900

4 Beds
3 Baths

1361 N Parkway, Memphis, TN 38104 Listing by William Mitchell

Unit for sale at 890 Stonewall Street, Memphis, TN 38107

$235,000

3 Beds
2.5 Baths

890 Stonewall Street, Memphis, TN 38107 Listing by Candace Leake

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Unit for rent at 670 Madison Avenue, Memphis, TN, 38103

$1,295 /mo

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1 Bath
895 ft²

670 Madison Avenue #670 Madison Ave. - Unit 205, Memphis, TN, 38103 Listing by Manager

Unit for rent at 296 South Watkins Street, Memphis, TN, 38104

$1,245 /mo

1 Bed
1 Bath
950 ft²

296 South Watkins Street #296 South Watkins Street #1, Memphis, TN, 38104 Listing by Manager

Unit for rent at 1812-1820 Madison Ave, Memphis, TN, 38104

$1,125 /mo

1 Bed
1 Bath
850 ft²

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1271 FAXON

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Ownership

Neighborhood

Zoning

Geography

Valuation

Comparables

About North Memphis

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions