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3618 Faxon Avenue

3618 Faxon Avenue, Memphis, TN 38122
Multifamily in Grahamwood
3618 Faxon Avenue in Memphis, TN was first built in 1920 and is 104 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a bungalow style. It is a single story home. There are a total of 12 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 3618 Faxon Avenue has 2,934 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 2,000. In total, the area measurement of the land is 10,000 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The roof of the home is made of composition shingle. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with a window/unit air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Jun 1, 2020 for $42,500. That's $14.49 per sqft. Prior to that sales transaction, the property was also sold in Dec 12, 2019 for $40,000. 3618 Faxon Avenue was last assessed in 2022. The total value of the property was assessed at $40,960. Specifically, the land the property is located on was valued at $3,520. While improvements on the property were assessed at a total of $37,440. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $2,495. The initial tax year of delinquency was in 2021. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190820
08/20/2019
2 Bed
2 Bath
-
$80,000
bedrooms
2 Bed
bathrooms
2 Bath
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 2
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Bungalow
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,934
  • Gross Building Area: 2,934
  • Building Area: 2,934
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Window/unit air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,934
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HIGHLAND HEIGHTS
  • Land Acres: 0.23
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: NS FAXON

Ownership

  • Current Owner : ORO INVESTMENT GP
  • Previous Owner : MCINISH THOMAS H
  • Previous Owner 2: MCINISH MARGARET
  • Owner Before Previous Owner: STRAIGHT QUARTERS LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 001200

Zoning

  • Zoning: RU-1

Geography

  • Assessors Map Reference: MB 4-118
  • District: O
  • Parcel: 03-8066-0-0022
  • Block: 20
  • Lot: PT27
  • Municipality: MEMPHIS
  • Latitude: 35.1511
  • Longitude: -89.9404

    Address

  • Full Address: 3618 Faxon Ave
  • Address - House Number: 3618
  • Address - Street Name: Faxon
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C083
  • 4-Digit Zip Code: 3731
  • Zip Code: 38122

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,495
  • Intital Tax Deliquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2487
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 210,687
  • High Value: 263,093
  • Low Value: 158,282

    Market Valuation

  • Market Total Value: $102,400
  • Market Land Value: $8,800
  • Market Improvement Value: $93,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $40,960
  • Assessed Land Value: $3,520
  • Assessed Improvements Value: $37,440

    Sales

  • Current Sale Contract Date: Jun 01, 2020
  • Current Sale Recording Date: Jun 04, 2020
  • Current Sale Transaction ID: 11763276523
  • Current Sale Price: $42,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20056523
  • Previous Sale Recording Date: Dec 18, 2019
  • Previous Sale Contract Date: Dec 12, 2019
  • Previous Sale Amount: $40,000
  • Previous Sale Document Type: Warranty Deed

About Grahamwood



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Nearby Rentals

Unit for rent at

$915 /mo

  • 1 Bed
  • 1 Bath
Listing by Manager
Unit for rent at

$875 /mo

  • 2 Beds
  • 1 Bath
  • 968 ft²
Listing by Manager
Unit for rent at

$850 /mo

  • 2 Beds
  • 1 Bath
  • 869 ft²
Listing by Manager
Unit for rent at

$1,000 /mo

  • 4 Beds
  • 1 Bath
Listing by Adam Watson
Unit for rent at

$1,000 /mo

  • 3 Beds
  • 1 Bath
  • 974 ft²
Listing by Manager
Unit for rent at

$975 /mo

  • 3 Beds
  • 1 Bath
  • 1,253 ft²
Listing by Manager
Unit for rent at

$925 /mo

  • 3 Beds
  • 2 Baths
  • 882 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 3618 Faxon Avenue located in?
The 3618 Faxon Avenue is a multifamily located in the neighborhood of Grahamwood in Grahamwood, Memphis.
What is the average sales price for listings in 3618 Faxon Avenue?
The average sales price for units in 3618 Faxon Avenue is $0 currently.

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