1037 Forrest Ave Memphis, TN 38105
Crosstown Neighborhood
3
Beds
1
Bath
1,400-1,599
Sq Ft
7,405
Sq Ft Lot
Highlights
- Updated Kitchen
- Attic
- 1 Car Detached Garage
- Wood Flooring
- Some Wood Windows
- Porch
About This Home
As of September 2018Recent roof, nice hardwood floors, updated kitchen and bath. Great starter or investor home needing paint up, clean up, fix up. Very quiet block. Parking from rear. This property is being sold in as-is condition. Please determine the condition of the property prior to making your offer and waive the inspection contingency.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $639
Year Built
- Built in 1922
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 50x150
- Level Lot
- Few Trees
Home Design
- Bungalow
- Composition Shingle Roof
- Stucco Exterior
- Pier And Beam
Interior Spaces
- 1,400-1,599 Sq Ft Home
- 1,406 Sq Ft Home
- 1-Story Property
- Decorative Fireplace
- Fireplace Features Masonry
- Some Wood Windows
- Living Room with Fireplace
- Dining Room
- Attic Access Panel
Kitchen
- Updated Kitchen
- Eat-In Kitchen
Flooring
- Wood
- Partially Carpeted
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 1 Full Bathroom
Home Security
- Storm Windows
- Iron Doors
Parking
- 1 Car Detached Garage
- Carport
- Driveway
Outdoor Features
- Porch
Utilities
- Window Unit Cooling System
- Floor Furnace
- Heating System Uses Gas
- Cable TV Available
Community Details
- Speedway Terrace Blk E Subdivision
- The community has rules related to allowing corporate owners
Listing and Financial Details
- Assessor Parcel Number 020083 00004
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 1, 2018
Sold by
Memphis Rentals Llc
Bought by
Kaissi Muhieddine El
Total Days on Market
148
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 29, 2014
Closed on
Oct 31, 2014
Sold by
Eb Properties Gp
Bought by
Memphis Rentals Llc
Seller's Agent
Larry Alexander
REMAX Experts
Buyer's Agent
Larry Alexander
REMAX Experts
List Price
$19,900
Sold Price
$12,500
Premium/Discount to List
-$7,400
-37.19%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.58%
Original Mortgage
$99,000
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Apr 29, 2014
Closed on
Oct 3, 2014
Sold by
The Frayser Community Development Corp
Bought by
Leigh Eltra
Seller's Agent
Larry Alexander
REMAX Experts
Buyer's Agent
Larry Alexander
REMAX Experts
List Price
$19,900
Sold Price
$12,500
Premium/Discount to List
-$7,400
-37.19%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 12, 2014
Sold by
Wells Fargo Bank Na
Bought by
Frayser Community Developments Corp
Purchase Details
Closed on
Jan 28, 2014
Sold by
Pullen Cecil T
Bought by
Wells Fargo Bank Na
Purchase Details
Closed on
Sep 21, 2011
Sold by
Newman Robert Patrick
Bought by
Pullen Cecil T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,406
Interest Rate
4.62%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 15, 2010
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Newman Robert Patrick
Purchase Details
Closed on
Jul 24, 2009
Sold by
Ball Eddie R
Bought by
The Secretary Of Housing & Urban Develop
Purchase Details
Closed on
Mar 17, 1998
Sold by
Action Real Estate Investment Co Inc
Bought by
Ball Eddie R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,442
Interest Rate
6.99%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 26, 1996
Sold by
Smith Lauren Dean
Bought by
Action Real Estate Investment Co Inc
Map
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Similar Homes in Memphis, TN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $50,000 | Os National Llc | |
| Special Warranty Deed | $95,000 | Multiple | |
| Warranty Deed | $21,000 | Title & Escrow Services Inc | |
| Warranty Deed | $12,500 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Trustee Deed | $24,180 | None Available | |
| Warranty Deed | $58,900 | Preferred Title & Escrow Llc | |
| Trustee Deed | $54,183 | None Available | |
| Warranty Deed | $56,000 | -- | |
| Quit Claim Deed | -- | Memphis Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $40,000 | New Conventional | |
| Previous Owner | $99,000 | Purchase Money Mortgage | |
| Previous Owner | $57,406 | FHA | |
| Previous Owner | $32,400 | Credit Line Revolving | |
| Previous Owner | $56,442 | FHA | |
| Closed | $3,124 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/13/2018 09/13/18 | Sold | $50,000 | -23.1% | $36 / Sq Ft |
| 04/11/2018 04/11/18 | For Sale | $65,000 | +420.0% | $46 / Sq Ft |
| 10/03/2014 10/03/14 | Sold | $12,500 | -37.2% | $9 / Sq Ft |
| 09/24/2014 09/24/14 | Pending | -- | -- | -- |
| 04/29/2014 04/29/14 | For Sale | $19,900 | -- | $14 / 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 | $639 | $18,850 | $1,125 | $17,725 |
| 2023 | $1,148 | $18,850 | $1,125 | $17,725 |
| 2022 | $1,148 | $18,850 | $1,125 | $17,725 |
| 2021 | $1,162 | $18,850 | $1,125 | $17,725 |
| 2020 | $775 | $10,700 | $1,125 | $9,575 |
| 2019 | $342 | $10,700 | $1,125 | $9,575 |
| 2018 | $342 | $10,700 | $1,125 | $9,575 |
| 2017 | $418 | $12,775 | $1,125 | $11,650 |
| 2016 | $626 | $14,325 | $0 | $0 |
| 2014 | $597 | $13,650 | $0 | $0 |
Source: Public Records
Source: Memphis Area Association of REALTORS®
MLS Number: 9925557
APN: 02-0083-0-0004
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