This property
$25,500
$25,500
Similar homes for sale
$37,167
$37,167
Recently sold homes
$37,631
$37,631
1315 Faxon Ave, Memphis TN 38104
2 br 2 ½ ba 1,475 sqft Single-Family Home|
Sold for $25,500 on Feb 20th, 2009 |
Description provided by Trulia.
Description provided by Realty Trac.
Listing Details
| Status | Sold |
| Full bathrooms | 2 |
| Partial bathrooms | 1 |
| Price/sqft | $17 |
| Year built | 1925 |
| ZIP code | 38104 |
| Neighborhood | North Memphis |
Public Records
| Street # | 1315 |
| Street | Faxon Ave |
| City | Memphis |
| ZIP code | 38104 |
| Beds | 2 |
| Baths | 2.5 |
| Year built | 1925 |
| Sqft | 1,475 sqft |
| Lot Size | 0.18 acres |
Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 02/20/2009 | Sold | $25,500 | Public record |
| 08/20/2008 | Sold | $76,260 | Public record |
Street view
Similar homes for sale
Average listing price is $37,167
Recently sold homes
Average sales price is $37,631
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| This home | ||
|---|---|---|
| Sales price: | $25,500 | |
| Compared to similar homes | ||
|---|---|---|
| Avg. listing price: | $37,167 | -31% |
| Avg. sales price: | $37,631 | -32% |
| Avg. price/sqft: | $27 | -37% |
| Compared to North Memphis | ||
|---|---|---|
| Avg. listing price: | $92,644 | -72% |
| Avg. sales price: | $67,476 | -62% |
| Avg. price/sqft: | $40 | -58% |
Comparisons are relative to similar homes on Trulia and are intended as a
guide only. Home values are affected by many factors—find out more
| This home | ||
|---|---|---|
| Sales price: | $25,500 | |
| Compared to Memphis | ||
|---|---|---|
| Avg. listing price: | $196,851 | -87% |
| Avg. sales price: | $112,365 | -77% |
| Avg. price/sqft: | $60 | -72% |
Elementary
Middle
High
| SCHOOL NAME | SCHOOL TYPE | PARENT RATING | DISTANCE (mi) | TEST RATING |
|---|---|---|---|---|
|
Gordon Elementary School
Memphis City School District |
Public | 0.65 | ||
| I rate this school 5 out of 5 stars. This school is all about student learning and the teachers treat the students like family. They make sure the students… | ||||
|
Klondike Elementary School
Memphis City School District |
Public | 0.75 | ||
| Excellent principal who keeps faculty oriented toward serving the individual child and improving academics. | ||||
|
Carnes Elementary School
Memphis City School District |
Public | 0.78 | ||
| Carnes has an outstanding learning environment. The staff and faculty really go over and beyond to keep students interested in what they are teaching. | ||||
|
Little Flower Primary School
|
Catholic | 0.82 | ||
|
Evergreen Montessori School
|
Private | 0.96 | ||
View all schools in:
Memphis City School District
Proximity to this address does not guarantee enrollment eligibility. Please contact a local real estate pro for more info
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Open house times for:1315 Faxon Ave, Memphis TN 38104 |
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This Single-Family Home located at 1315 Faxon Ave, Memphis TN, 38104 sold for $25,500 on Feb 20, 2009. 1315 Faxon Ave has 2 beds, 2 ½ baths, and approximately 1,475 square feet. The property has a lot size of 7,841 square feet and was built in 1925. 1315 Faxon Ave is in the North Memphis neighborhood in Memphis, TN and in ZIP Code 38104. The most recent sale price of $25,500 is 31% lower than the average list price of $37,167 for similar homes for sale, 72% lower than the average list price of $92,644 for North Memphis, 90% lower than the average list price of $251,099 for 38104, and 87% lower than the average list price of $196,851 for Memphis, TN. The most recent sale is 32% lower than the average sale price of $37,631 for similar homes for sale, 62% lower than the average sale price of $67,476 for North Memphis sold homes, 87% lower than the average sale price of $197,900 for 38104 sold homes, and 87% lower than the average sale price of $112,365 for Memphis sold homes. 1315 Faxon Ave previously sold for $25,500 on Feb 20, 2009 and $76,260 on Aug 20, 2008.
School information provided by OnBoard Informatics Copyright (c) 2008. Information is deemed reliable but not guaranteed.
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Pre-Foreclosure (Notice of Default or Lis Pendens)
The foreclosure process begins when a borrower/owner defaults on loan payments and the lender files a public default notice, called a Notice of Default or Lis Pendens. Buying a property in pre-foreclosure involves approaching the borrower/owner and offering to buy the property outright. Auction (Notice of Trustee Sale or Notice of Foreclosure Sale) If the loan is not reinstated by the end of the pre-foreclosure period, potential buyers can bid on the property at a public auction. Buyers often are required to pay in cash at the auction and may not have much time to research the title and condition of the property beforehand; however, a public auction often offers some of the best bargains and avoids the unpredictability of dealing directly with the borrower/owner. Bank-owned (Real Estate Owned) If the lender takes ownership of the property, either through an agreement with the owner during pre-foreclosure or at the public auction, the lender will usually want to re-sell the property to recover the unpaid loan amount. The lender will then typically clear the title and perform needed maintenance and repair; however, the potential bargain for these REO homes is typically less than a pre-foreclosure or auction property. |
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Home price comparisons are relative to similar homes on Trulia (a close match to the home you're looking at based on how close it is, property type, size, number of bedrooms and bathrooms). Home buyers should note that property value estimates are affected by many factors and should only be used as a guide. Factors affecting home values include things like:
For further advice when evaluating a home, contact a local real estate professional. |
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A similar home is a close match to the home you're looking at based on property type, number of bedrooms and bathrooms, property age, and of course how close it is. Comparing similar homes (either for sale or sold) with the home you're looking at can help you establish a context for the listing price. Simply put, it's price comparison for houses!
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