1022 Forrest Ave Memphis, TN 38105
Crosstown Neighborhood
3
Beds
1.5
Baths
1,600-1,799
Sq Ft
8,276
Sq Ft Lot
Highlights
- Wood Flooring
- Burglar Security System
- Central Heating and Cooling System
- Corner Lot
- Bungalow
- Dining Room
About This Home
As of September 2022In the shadow of the Concourse, on a street with new construction popping up all around it, this home is the Midtown Bungalow you've been looking for! Completely renovated home with all new everything! Massive kitchen and open floor plan for entertaining! Completely renovated bathrooms! Soaking tub and huge shower in full bath! Beautifully refinished floors as well as new electrical, plumbing, hvac, and roof! Huge fenced in backyard! Come and see before its gone! Owner/agent listing
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
- Corner Lot
- Few Trees
Parking
- Driveway
Home Design
- Bungalow
Interior Spaces
- 1,600-1,799 Sq Ft Home
- 1,755 Sq Ft Home
- 1-Story Property
- Smooth Ceilings
- Fireplace Features Masonry
- Living Room with Fireplace
- Dining Room
- Wood Flooring
- Burglar Security System
Kitchen
- Oven or Range
- Gas Cooktop
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
Utilities
- Central Heating and Cooling System
- Heating System Uses Gas
- Gas Water Heater
Community Details
- Speedway Terrace Blk E Subdivision
Listing and Financial Details
- 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
37
Current Estimated Value
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
-5.22%
Original Mortgage
$289,750
Outstanding Balance
$279,023
Interest Rate
4.99%
Mortgage Type
New Conventional
Estimated Equity
-$15,684
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
Map
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Home Values in the Area
Average Home Value in this Area
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
| 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 |
|---|---|---|---|---|
| 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
Source: Memphis Area Association of REALTORS®
MLS Number: 10094333
APN: 02-0082-0-0032
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