$305,000
SOLD SEP 1, 2022

1022 Forrest Ave Memphis, TN 38105

Crosstown Neighborhood
3 Beds
1.5 Baths
1,600-1,799 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$170 Per Sq Ft

48 Days on Market

Highlights

  • Gated Parking
  • Fireplace in Primary Bedroom
  • Attic
  • Updated Kitchen
  • Wood Flooring
  • Den

About This Home

As of September 2022

This beautifully renovated home provides the picture-perfect blend of modern luxury, all while being just moments from everything Downtown Memphis has to offer. The brick exterior and a large covered front porch will surely catch your attention the moment you pass by. An open-concept living area welcomes you inside where a neutral palette coupled with a fireplace and multiple windows add a warm ambiance. Come grab the chance to make this enviable lifestyle all yours!

Last Agent to Sell the Property

Austin Rowe

Onward Real Estate License #340261 Listed on: 07/14/2022

Last Buyer's Agent

Katy Q Gillespie

Crye-Leike, Inc., REALTORS License #342621

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,852

Year Built

  • Built in 1920

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 50x168
  • Wood Fence
  • Level Lot

Home Design

  • Bungalow
  • Composition Shingle Roof

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,755 Sq Ft Home
  • 1-Story Property
  • Decorative Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Unfinished Basement
  • Partial Basement
  • Permanent Attic Stairs
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Oven or Range
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Bathtub With Separate Shower Stall

Home Security

  • Monitored
  • Fire and Smoke Detector

Parking

  • Driveway
  • Gated Parking
  • On-Street Parking

Outdoor Features

  • Covered patio or porch
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System

Community Details

  • Speedway Terrace Blk E Subdivision
  • Building Fire Alarm

Listing and Financial Details

  • Assessor Parcel Number 020082 00032

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,852

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Bungalow
  • Detached Unit Type: General Residential
  • Cross Street: Decatur
  • MLS Map #: 741E
  • MAAR Subdivision Name: SPEEDWAY TERRACE BLK E
  • List Price Per Sq Ft: 174
  • Number Of Stories: 1
  • Price Per Sq Ft: 173.79
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1755
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1/2 Bath, 1 Bath, 1 1/2 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Separate Tub & Shower, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 1, Hardwood Floor
  • Bedroom 3 Description: Level 1, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Decorative Only, In Living Room, In Primary Bedroom
  • Floors/Ceilings: Hardwood Throughout, Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Gas Cooking, Disposal, Dishwasher, Microwave, Refrigerator
  • Living Dining Kitchen: Separate Den, Updated/Renovated Kitchen, Breakfast Bar
  • Misc Interior: Permanent Attic Stairs, Security System, Smoke Detector(s), Monitored Alarm
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Unfinished Basement, Attic
  • Total Bathrooms: 1.1
  • Primary Bathroom Description: Separate Shower, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Fireplace, Hardwood Floor

Exterior Features

  • Misc Exterior: Porch, Patio, Covered Patio, Wood Fence, Storage, Sidewalks
  • Exterior Windows: Brick Veneer
  • Foundation: Partial Basement
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad, Gated Parking, On-Street Parking

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Burglar Alarm, Fire Alarm, Monitored Alarm System, Smoke Detector(s), Dead Bolt Lock(s)

Lot Info

  • Lot Description: Level, Wood Fenced
  • Lot Number: 37
  • Acreage: 0.19
  • Lot Size: 50X168
  • Price Per Acre: 1605263

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 020082 00032

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2022
Closed on
Sep 1, 2022
Sold by
Genwright Justin L
Bought by
Allyn John D and Wise Kelsey A
Seller's Agent
Austin Rowe
Onward Real Estate
Buyer's Agent
Katy Q Gillespie
Crye-Leike, Inc., REALTORS
List Price
$305,000
Sold Price
$305,000
Total Days on Market
48
Current Estimated Value
$255,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$49,239
Avg. Annual Appreciation
-6.20%
Original Mortgage
$289,750
Outstanding Balance
$277,838
Interest Rate
4.99%
Mortgage Type
New Conventional
Estimated Equity
-$22,077

Purchase Details

Listed on
Mar 3, 2021
Closed on
Apr 22, 2021
Sold by
Inkan Investors Gp
Bought by
Genwright Justin L
Seller's Agent
Bradford Long
Keystone Realty, LLC
Buyer's Agent
Austin Rowe
Onward Real Estate
List Price
$255,000
Sold Price
$252,500
Premium/Discount to List
-$2,500
-0.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.90%
Original Mortgage
$247,926
Interest Rate
3%
Mortgage Type
FHA

Purchase Details

Listed on
May 29, 2020
Closed on
Jun 16, 2020
Sold by
I2l Llc
Bought by
Inkan Investors Gp
Seller's Agent
Camela Henke
Enterprise, REALTORS
Buyer's Agent
Bradford Long
Keystone Realty, LLC
List Price
$44,900
Sold Price
$52,125
Premium/Discount to List
$7,225
16.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
539.93%
Original Mortgage
$120,000
Interest Rate
3.2%
Mortgage Type
Stand Alone First

Purchase Details

Listed on
May 29, 2020
Closed on
May 18, 2020
Sold by
Beaty Douglas R
Bought by
I2l Llc
Seller's Agent
Camela Henke
Enterprise, REALTORS
Buyer's Agent
Bradford Long
Keystone Realty, LLC
List Price
$44,900
Sold Price
$52,125
Premium/Discount to List
$7,225
16.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.2%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jun 1, 2016
Sold by
Pickett Keith
Bought by
October 16Th Productions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,600
Interest Rate
3.61%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 17, 2009
Sold by
Simple Real Estate Solutions Inc
Bought by
Pickett Keith and Pickett Properties

Purchase Details

Closed on
Jun 26, 2007
Sold by
Va
Bought by
Simple Real Estate Solutions Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,551
Interest Rate
6.71%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 28, 2007
Sold by
Davis Nathaniel L
Bought by
Va
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $305,000 Realty Title & Escrow
Warranty Deed $252,500 Closetrak Llc
Warranty Deed $52,125 None Available
Trustee Deed $5,001 None Available
Warranty Deed $329,600 Delta Title Services Llc
Deed In Lieu Of Foreclosure $150,000 None Available
Special Warranty Deed $13,500 Tam Title & Escrow Llc
Trustee Deed $46,230 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $289,750 New Conventional
Previous Owner $247,926 FHA
Previous Owner $120,000 Stand Alone First
Previous Owner $329,600 Commercial
Previous Owner $329,600 Commercial
Previous Owner $41,551 Stand Alone Second
Previous Owner $20,000 Unknown
Previous Owner $15,000 Credit Line Revolving
Previous Owner $42,075 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2022 09/01/22 Sold $305,000 0.0% $191 / Sq Ft
07/14/2022 07/14/22 For Sale $305,000 +20.8% $191 / Sq Ft
04/22/2021 04/22/21 Sold $252,500 -1.0% $158 / Sq Ft
04/09/2021 04/09/21 Pending -- -- --
03/03/2021 03/03/21 For Sale $255,000 +389.2% $159 / Sq Ft
06/16/2020 06/16/20 Sold $52,125 +16.1% $33 / Sq Ft
06/01/2020 06/01/20 Pending -- -- --
05/29/2020 05/29/20 For Sale $44,900 -- $28 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,852 $71,750 $4,500 $67,250
2024 $1,852 $54,625 $1,125 $53,500
2023 $3,328 $54,625 $1,125 $53,500
2022 $1,990 $32,675 $1,125 $31,550
2021 $1,021 $14,100 $1,125 $12,975
2020 $678 $9,350 $1,125 $8,225
2019 $299 $9,350 $1,125 $8,225
2018 $299 $9,350 $1,125 $8,225
2017 $306 $9,350 $1,125 $8,225
2016 $326 $7,450 $0 $0
2014 $326 $7,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Austin Rowe

    Seller's Agent in 2022

    Austin Rowe

    Onward Real Estate

    (901) 734-5758

    2 in this area

    69 Total Sales

    Austin Rowe
    Section Image
  • Katy Q Gillespie

    Buyer's Agent in 2022

    Katy Q Gillespie

    Crye-Leike

    (901) 857-6860

    1 in this area

    138 Total Sales

    Katy Q Gillespie
    Section Image
  • Bradford Long

    Seller's Agent in 2021

    Bradford Long

    Keystone Realty, LLC

    (901) 208-4156

    16 in this area

    67 Total Sales

    Bradford Long
    Section Image
  • Camela Henke

    Seller's Agent in 2020

    Camela Henke

    Enterprise, REALTORS

    (901) 626-2990

    3 in this area

    298 Total Sales

    Camela Henke
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10128740

Memphis Area Association of REALTORS®

APN: 02-0082-0-0032

Tennessee Shelby County Memphis 38105 Crosstown

1022 Forrest Ave, Memphis, TN

This home is located at 1022 Forrest Ave, Memphis, TN 38105 and is currently priced at $305,000, approximately $169 per square foot. This property was built in 1920. 1022 Forrest Ave is a home located in Shelby County with nearby schools including Bruce Elementary School, Manassas High School, and Southwest Early College High School.

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