See Home Value
$116,083*
House - Off Market

3622 FAXON AVE

Memphis, TN 38122
bedrooms
2 Beds
bathrooms
1 Bath
$99,000 - $121,000
Reference Base Price*
5.53%
Since Dec 1, 2022
National-US
Primary Model
Sold Mar 02, 2023
$149,900
$118,500 by Securitynational Mortgage Co
Mortgage Due Jul 01, 2053
Sold Mar 02, 2023
$95,000

About This Property

For more information, contact Tyler Tapley at . Visit http://www.crye-leike.com/memphis/10137265 to view more pictures of this property. Terrific opportunity in the Berclair area for an investor or an owner occupant unafraid of a little work. Home needs a few repairs and updates but could easily be as cute as a button. Home has fresh interior paint and some work has been started. Home is a 2 minute walk from Grahamwood Elm. Property features a large dining room, back deck for quality outside time, hardwood floors, central AC, low maintenance vinyl siding and more!
Unit Size
-
Days on Market
-
Land Size
0.22 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1920

Price History

Date / Event Date Event Price
Mar 2, 2023 Sold to Kara Yarger $149,900
Sold to Kara Yarger
Nov 8, 2022 Listed $110,000
Listed
Oct 26, 2022 Sold $79,900
Sold
Sep 21, 2018 Sold $51,900
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • 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
  • Construction Type: Frame
  • Building Style: Bungalow
  • 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: 908
  • Gross Building Area: 908
  • Building Area: 908
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 908
  • 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: Single family residential
  • Legal Description 1: NS FAXON

Ownership

  • Current Owner : YARGER KARA
  • Previous Owner : PEGASUS REAL ESTATE SERVICES LLC
  • Owner Before Previous Owner: ADVANCED MANAGEMENT ADVISORS LLC
  • Ownership Rights Codes: unknown
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jul 19, 2023

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: 03-8066-0-0021
  • Block: 20
  • Lot: PT27
  • Municipality: MEMPHIS
  • Latitude: 35.1509
  • Longitude: -89.9402

    Address

  • Full Address: 3622 Faxon Ave
  • Address - House Number: 3622
  • Address - Street Name: Faxon
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C083
  • 4-Digit Zip Code: 3719
  • Zip Code: 38122

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $806
  • Intital Tax Deliquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 392,288
  • High Value: 570,704
  • Low Value: 213,871

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $118,500
  • First Open Lien Mortgage Lender: SECURITYNATIONAL MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Jul 05, 2023
  • First Open Lien Mortgage Loan Amount: $118,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2053

    Market Valuation

  • Market Total Value: $52,900
  • Market Land Value: $8,800
  • Market Improvement Value: $44,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $13,225
  • Assessed Land Value: $2,200
  • Assessed Improvements Value: $11,025

    Sales

  • Current Sale Contract Date: Feb 23, 2023
  • Current Sale Recording Date: Mar 02, 2023
  • Current Sale Transaction ID: 11902626445
  • Current Sale Price: $149,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 16719
  • Previous Sale Recording Date: Mar 02, 2023
  • Previous Sale Contract Date: Feb 23, 2023
  • Previous Sale Amount: $95,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WIZOREK JOSEPH
  • First Mortgage Transaction Date: Mar 02, 2023
  • First Mortgage Loan Amount: $129,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
1 Bath
-
$119,900 Feb 18, 2023
-
$40/mo
House
2 Beds
1 Bath
-
$125,000 Feb 24, 2023
-
$53/mo
House
3 Beds
1 Bath
-
$115,000 Dec 3, 2022
-
$38/mo
House
3 Beds
1 Bath
-
$120,000 Dec 14, 2022
-
-

About Grahamwood


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Nearby Rentals

Unit for rent at

$1,200 /mo

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  • 1 Bath
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Frequently Asked Questions

When was property at 3622 Faxon Avenue built and last sold?
The property at 3622 Faxon Avenue was built in 1920 and last sold on Feb 23, 2023 for $149,900.
How much is this home worth?
The estimated value of the home located at 3622 Faxon Avenue is $111,100.
What are some comparable homes to 3622 Faxon Avenue?
Homes that are comparable to 3622 Faxon Avenue include a house property at 3660 Fairmont Avenue, 3171 Princeton Road, 3304 Bowen Avenue.

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