This home is a Real Estate Owned (REO)/Post Foreclosure. Once a lender has foreclosed on a property it is soon put up for public auction. If bids fall short of the asking price the bank will buy back the home and attempt to sell it on the open market. However, lenders are not real estate agents, meaning that they will often accept offers 30 to 60 percent less than market value!
Sold for $100,000
Street View
$100,000
3553 Faxon Ave, Memphis, TN 38122
2beds
1baths
955sqft
SingleFamily
Built in 1948
9,975 Square Feet Lot
$125,000 Zestimate®
$105/sqft
$1,099 Estimated rent
Home value
$125,000
$111,000 - $138,000
$1,099/mo
Zestimate® history
Owner options
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$503/mo
Est. payment
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Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
Heating
- Other
Cooling
- Central
Features
- Basement: None
- Has fireplace: Yes
Interior area
- Total interior livable area: 955 sqft
Property
Parking
- Parking features: Garage - Detached
Features
- Exterior features: Brick
Lot
- Size: 9,975 Square Feet
Details
- Parcel number: 03806400008
Construction
Type & style
- Home type: SingleFamily
Materials
- masonry
- Roof: Composition
Condition
- Year built: 1948
Community & HOA
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $105/sqft
- Tax assessed value: $95,300
- Annual tax amount: $1,256
Price history
| Date | Event | Price |
|---|---|---|
| 11/7/2023 | Sold | $100,000+48.9%$105/sqft |
Source: Public Record Report a problem | ||
| 11/30/2009 | Sold | $67,175+91.9%$70/sqft |
Source: Public Record Report a problem | ||
| 10/17/2009 | Price change | $35,000-40.7%$37/sqft |
Source: foreclosure.com Report a problem | ||
| 10/11/2009 | Listed for sale | -- |
Source: foreclosure.com Report a problem | ||
| 3/7/2007 | Sold | $59,000$62/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,256 +48.1% | $23,825 +85% |
| 2024 | $848 +8.1% | $12,875 |
| 2023 | $784 | $12,875 |
| 2022 | -- | $12,875 |
| 2021 | -- | $12,875 +42.7% |
| 2020 | $288 | $9,025 |
| 2019 | $288 -21.1% | $9,025 |
| 2018 | $366 -45.1% | $9,025 |
| 2017 | $666 +111.8% | $9,025 -2.4% |
| 2016 | $315 -19.8% | $9,250 |
| 2014 | $392 | $9,250 |
| 2013 | -- | $9,250 -24.8% |
| 2012 | -- | $12,300 |
| 2011 | -- | $12,300 |
| 2010 | -- | $12,300 |
| 2009 | -- | $12,300 -18% |
| 2008 | -- | $15,000 |
| 2007 | -- | $15,000 |
| 2006 | -- | $15,000 |
| 2005 | -- | $15,000 +15.4% |
| 2004 | -- | $13,000 |
| 2003 | -- | $13,000 |
| 2002 | -- | $13,000 |
| 2001 | -- | $13,000 +7.4% |
| 2000 | -- | $12,100 |
Find assessor info on the county website
Neighborhood: Berclair-Highland Heights
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Nearby schools
GreatSchools rating
- 7/10Grahamwood Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 5/10Treadwell Middle SchoolGrades: 6-8Distance: 0.5 mi
- 3/10Kingsbury High SchoolGrades: 9-12Distance: 1.4 mi
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