See Home Value
$91,602*
House - Off Market

3680 FAXON

Memphis, TN 38122
bedrooms
3 Beds
bathrooms
2 Baths
$60,000 - $70,000
Reference Base Price*
46.56%
Since Oct 1, 2019
National-US
Primary Model
Sold Oct 22, 2019
$69,000
$1,720,800 by Landmark Community Bank
Mortgage
Sold Oct 09, 2019
$50,000
$40,000 by Paragon Bank
Mortgage Due Oct 10, 2024

About This Property

Great investment property for sale. Previously rented for $800/month. Needs TLC, but has a lot of potential. Screened in porch in the back. Selling AS-IS, cash only.
Unit Size
-
Days on Market
-
Land Size
0.40 acres
Price per sqft
-
Property Type
House
Property Taxes
$991
HOA Dues
-
Year Built
1935

Price History

Date / Event Date Event Price
Sep 29, 2019 No longer available -
No longer available
Sep 3, 2019 Price Decreased $62,500
↓ $2K (3.7%)
Price Decreased
Aug 23, 2019 Price Decreased $64,900
↓ $5K (7.2%)
Price Decreased
Aug 14, 2019 Listed $69,900
Listed

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Bungalow
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 180
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 17,800
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 890
  • Total Building Area: 2,238
  • Gross Building Area: 2,334
  • Building Area: 2,238
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,238
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HIGHLAND HEIGHTS
  • Land Acres: 0.409
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NS FAXON COR FREEMAN NE

Ownership

  • Current Owner : GOLD STAR HOMES LLC
  • Previous Owner : STEINBERG DAVID
  • Owner Before Previous Owner: MEDLOCK LYNA
  • Owner Before Previous Owner 2: MEDLOCK DAN L
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: RU-1

Geography

  • District: O
  • Parcel: 03-8078-0-0041
  • Block: 20
  • Lot: PT21
  • Municipality: MEMPHIS
  • Latitude: 35.1509
  • Longitude: -89.9382

    Address

  • Full Address: 3680 Faxon Ave
  • Address - House Number: 3680
  • Address - Street Name: Faxon
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C083
  • 4-Digit Zip Code: 3770
  • Zip Code: 38122

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,074
  • Intital Tax Deliquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.262
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 62
  • Final Value: 115,366
  • High Value: 145,601
  • Low Value: 85,131

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,720,800
  • First Open Lien Mortgage Lender: LANDMARK COMMUNITY BANK
  • First Open Lien Mortgage Recording Date: Mar 02, 2020
  • First Open Lien Mortgage Loan Amount: $1,720,800
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)

    Market Valuation

  • Market Total Value: $70,500
  • Market Land Value: $14,100
  • Market Improvement Value: $56,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $17,625
  • Assessed Land Value: $3,525
  • Assessed Improvements Value: $14,100

    Sales

  • Current Sale Contract Date: Oct 21, 2019
  • Current Sale Recording Date: Oct 22, 2019
  • Current Sale Transaction ID: 11662736310
  • Current Sale Price: $69,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19109864
  • Previous Sale Recording Date: Oct 09, 2019
  • Previous Sale Contract Date: Sep 24, 2019
  • Previous Sale Amount: $50,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: PARAGON BANK
  • Previous Mortgage Transaction Date: Oct 09, 2019
  • Previous Mortgage Loan Amount: $40,000
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Oct 10, 2024



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Grahamwood


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at

$1,340 /mo

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

$1,295 /mo

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

$1,200 /mo

  • 3 Beds
  • 1 Bath
  • 1,181 ft²
Listing by Manager


Frequently Asked Questions

When was property at 3680 Faxon Avenue built and last sold?
The property at 3680 Faxon Avenue was built in 1935 and last sold on Oct 21, 2019 for $69,000.
How much is this home worth?
The estimated value of the home located at 3680 Faxon Avenue is $63,125.
What are some comparable homes to 3680 Faxon Avenue?
There are currently no comparable homes to 3680 Faxon Avenue.

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