1023 Forrest Ave Memphis, TN 38105
Crosstown NeighborhoodEstimated payment $1,991/month
Highlights
- Gated Parking
- Wood Flooring
- Brick Veneer
- Updated Kitchen
- Main Floor Primary Bedroom
- Walk-In Closet
About This Home
Come see this TURN KEY READY-Fully renovated 4-bedroom, 2-bath home located between Uptown and Crosstown. This adorable home has been used as a profitable Short term rental. The renovations includes all-new plumbing, electrical, HVAC systems, water heater, roof, windows, and flooring throughout. Interior features granite countertops, new kitchen appliances(that convey),washer and dryer, updated fixtures, and fresh paint. Move-in ready -and FULLY furnished. Come make this your next investment or home!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,861
Year Built
- Built in 1920
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 50x150
- Wood Fence
- Landscaped
- Level Lot
- Few Trees
Home Design
- Bungalow
- Property Attached
- Brick Veneer
- Composition Shingle Roof
Interior Spaces
- 1,926 Sq Ft Home
- 1.1-Story Property
- Smooth Ceilings
- Attic Access Panel
Kitchen
- Updated Kitchen
- Breakfast Bar
- Self-Cleaning Oven
- Microwave
- Dishwasher
- Kitchen Island
Flooring
- Wood
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 4 Bedrooms | 3 Main Level Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- Remodeled Bathroom
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Monitored
- Security Gate
- Fire and Smoke Detector
Parking
- 2 Parking Spaces
- 2 Covered Spaces
- Driveway
- Gated Parking
Utilities
- Central Heating and Cooling System
Community Details
- Speedway Terrace Blk E Subdivision
- Building Fire Alarm
Listing and Financial Details
- Assessor Parcel Number 020083 00001
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,861 | $77,900 | $4,500 | $73,400 |
| 2024 | $1,861 | $54,900 | $1,125 | $53,775 |
| 2023 | $3,344 | $54,900 | $1,125 | $53,775 |
| 2022 | $497 | $14,650 | $1,125 | $13,525 |
| 2021 | $1,061 | $14,650 | $1,125 | $13,525 |
| 2020 | $703 | $9,700 | $1,125 | $8,575 |
| 2019 | $310 | $9,700 | $1,125 | $8,575 |
| 2018 | $310 | $9,700 | $1,125 | $8,575 |
| 2017 | $317 | $9,700 | $1,125 | $8,575 |
| 2016 | $424 | $9,700 | $0 | $0 |
| 2014 | $424 | $9,700 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/12/2025 11/12/25 | For Sale | $359,900 | +2.8% | $184 / Sq Ft | |
| 10/03/2025 10/03/25 | For Sale | $350,000 | +11.1% | $182 / Sq Ft | |
| 06/23/2023 06/23/23 | Sold | $315,000 | 0.0% | $161 / Sq Ft | View Prior Sale |
| 06/23/2023 06/23/23 | Sold | $315,000 | -7.3% | $175 / Sq Ft | View Prior Sale |
| 04/29/2023 04/29/23 | Pending | -- | -- | -- | |
| 04/15/2023 04/15/23 | Price Changed | $339,900 | -5.6% | $189 / Sq Ft | |
| 03/06/2023 03/06/23 | For Sale | $359,900 | -- | $200 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $135,000 | Baymark Title & Escrow Service | |
| Special Warranty Deed | $16,650 | Fat | |
| Trustee Deed | $23,200 | None Available | |
| Warranty Deed | $56,000 | -- | |
| Warranty Deed | $56,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | $25,500 | -- | |
| Quit Claim Deed | $25,500 | -- | |
| Trustee Deed | $20,000 | -- | |
| Trustee Deed | $20,000 | -- | |
| Quit Claim Deed | -- | Stewart Title Company | |
| Quit Claim Deed | -- | Stewart Title Company |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $175,470 | Construction | |
| Previous Owner | $31,650 | Commercial | |
| Previous Owner | $56,827 | FHA | |
| Closed | $2,945 | No Value Available |
Source: Memphis Area Association of REALTORS®
MLS Number: 10207007
APN: 02-0083-0-0001
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