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3707 Faxon Ave, Memphis, TN, 38122

3beds
2baths
1,195sqft
$218,000
$182price/sqft
$1,687/moest. monthly cost
$67,480/yrincome needed

About This Home

Completely renovated from top to bottom, this stunning 3-bedroom, 2-bath home has been transformed with modern updates throughout. Originally a 3/1, the home now features a newly added second bathroom and an improved layout. This home includes a brand-new roof, HVAC system, and water heater. The fully renovated kitchen showcases stylish finishes, stainless steel appliances, and updated cabinetry, while both bathrooms have been beautifully updated. Refinished hardwood floors run throughout the main living areas, with carpet in the bedrooms for added comfort. Enjoy outdoor living with a covered front porch, perfect for relaxing or entertaining. Conveniently located with easy access to major routes and nearby amenities. This home offers a blend of style, comfort, and functionality throughout.

Getting Around

65
WalkingSomewhat Walkable
28
TransitSome Transit
50
BikeBikeable

Schools

7/10
5/10
Treadwell Middle SchoolGrades 6-80.6 mi
3/10
Kingsbury High SchoolGrades 9-121.2 mi

Construction

Condition

  • Year built: 1922

Materials

  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Gas Cooktop,Range/Oven
  • Laundry features: Laundry Room

Bedroom2

  • Features: Carpet,Smooth Ceiling
  • Area: 108

Bedroom3

  • Features: Carpet,Smooth Ceiling
  • Area: 117

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Renovated Bathroom,Smooth Ceiling,1 Bath,2nd Bedroom,3rd Bedroom,Kitchen,Laundry Room,Living Room,Primary Bedroom,Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
  • Flooring: Part Carpet,Part Hardwood
  • Number of fireplaces: 1
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 1,195 sqft

Kitchen

  • Features: Updated/Renovated Kitchen,Washer/Dryer Connections
  • Area: 154

Living Room

  • Area: 299

Master Bathroom

  • Features: Full Bath

Master Bedroom

  • Features: Carpet,Smooth Ceiling
  • Area: 156

Property

Details

  • Parcel number: 038079 00006

Features

  • Stories: 1
  • Pool features: None
  • Patio & porch: Covered Patio

Lot

  • Lot size: 9,583 sqft
  • Features: Landscaped
  • Lot size dimensions: 50 x 200

Parking

  • Parking features: Driveway/Pad
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Tornado
    TornadoRelatively High

How This Home’s Risks Compare

Cold Wave
Earthquake
Heat Wave
Tornado

FEMA Declared Disasters Across Tennessee Counties

Flood
Freezing
Severe Ice Storm
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,102$13,224
Home Insurance $234$2,808
Property Taxes $176$2,112
Electricity $175$2,103
Total$1,687$20,244

Income You'd Need if You Spent...

35% on housing$57,840/yr
40% on housing$50,610/yr
45% on housing$44,986/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.5%
6.5%
0%30.0%
Electricity Growth Rate10-year average: 4.5%
4.5%
0%15.0%
Property Taxes Growth Rate2-year average: -0.8%
-0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$182This listing

vs Other Active Listings

Avg $/sqft

ZIP 38122$80
Shelby County$117

vs Homes Sold Last Month

Median $/sqft

ZIP 38122$114
Shelby County$132

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-14Price change$213,000
2026-07-16Price change$218,000
2026-06-05Listed for sale$220,000

For Sale by Agent

AgentElisha L Fritz
BrokerageThe Home Partners Realty

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