1078 Forrest Ave Memphis, TN 38105
Crosstown Neighborhood
3
Beds
1.5
Baths
1,400-1,599
Sq Ft
8,276
Sq Ft Lot
Highlights
- Updated Kitchen
- Den
- Bungalow
- Great Room
- Laundry Room
- Tile Flooring
About This Home
As of September 2024Now is your chance to own a completely remodeled home just minutes from Crosstown and downtown that would be great for an owner occupant, rental or AirBnB. Home was completely remodeled down to the studs including: Roof, HVAC, Windows, Open Concept Remodel, Electrical, Plumbing, Flooring, Tree Removal, Fence, Insulation, Sheetrock, Paint, Quartz Counters, Fixtures, Tile, Backsplash and appliances totaling over $100,000. This one wont last long so come today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $422
Year Built
- Built in 1922
Lot Details
- 8,276 Sq Ft Lot
- Lot Dimensions are 50x168
- Wood Fence
- Level Lot
Parking
- Driveway
Home Design
- Bungalow
- Composition Shingle Roof
Interior Spaces
- 1,400-1,599 Sq Ft Home
- 1,440 Sq Ft Home
- 1-Story Property
- Great Room
- Den
- Tile Flooring
- Laundry Room
Kitchen
- Updated Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Separate Shower
Utilities
- Central Heating and Cooling System
Community Details
- Speedway Terrace Blk E Subdivision
Listing and Financial Details
- Assessor Parcel Number 020082 00020
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 26, 2024
Closed on
Aug 30, 2024
Sold by
Hamadani Aley
Bought by
Edwards David Marcus Leroy
Seller's Agent
Eric Bell
REMAX Experts
Buyer's Agent
Rudolph Gray
Epique Realty
List Price
$234,900
Sold Price
$190,000
Premium/Discount to List
-$44,900
-19.11%
Total Days on Market
110
Views
51
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
-$4,290
Avg. Annual Appreciation
-3.12%
Original Mortgage
$19,000
Interest Rate
6.78%
Purchase Details
Listed on
Jun 19, 2018
Closed on
Aug 21, 2018
Sold by
Esco Properties Llc
Bought by
Hamadani Aley
Seller's Agent
Samuel Wilson
Adaro Realty, Inc.
Buyer's Agent
Samuel Wilson
Adaro Realty, Inc.
List Price
$44,900
Sold Price
$36,000
Premium/Discount to List
-$8,900
-19.82%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.65%
Purchase Details
Closed on
Jun 19, 2018
Sold by
Smith George
Bought by
Esco Enterprises Llc
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 | $190,000 | Regency Title | |
| Warranty Deed | $36,000 | None Available | |
| Warranty Deed | $18,000 | Nexus Title & Escrow Llc | |
| Warranty Deed | $18,000 | Nexus Title & Escrow Llc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $19,000 | No Value Available | |
| Open | $181,843 | FHA | |
| Previous Owner | $82,649 | New Conventional | |
| Previous Owner | $32,300 | Commercial | |
| Previous Owner | $19,000 | Credit Line Revolving | |
| Previous Owner | $8,977 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/05/2024 09/05/24 | Sold | $190,000 | -4.5% | $136 / Sq Ft |
| 08/14/2024 08/14/24 | Pending | -- | -- | -- |
| 05/23/2024 05/23/24 | Price Changed | $199,000 | -2.9% | $142 / Sq Ft |
| 05/14/2024 05/14/24 | Price Changed | $205,000 | -10.5% | $146 / Sq Ft |
| 05/02/2024 05/02/24 | Price Changed | $229,000 | -2.5% | $164 / Sq Ft |
| 04/26/2024 04/26/24 | For Sale | $234,900 | +552.5% | $168 / Sq Ft |
| 08/21/2018 08/21/18 | Sold | $36,000 | -19.8% | $26 / Sq Ft |
| 07/16/2018 07/16/18 | Pending | -- | -- | -- |
| 06/19/2018 06/19/18 | For Sale | $44,900 | -- | $32 / 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 | $422 | $12,450 | $1,125 | $11,325 |
| 2023 | $758 | $12,450 | $1,125 | $11,325 |
| 2022 | $758 | $12,450 | $1,125 | $11,325 |
| 2021 | $901 | $12,450 | $1,125 | $11,325 |
| 2020 | $603 | $8,325 | $1,125 | $7,200 |
| 2019 | $266 | $8,325 | $1,125 | $7,200 |
| 2018 | $266 | $8,325 | $1,125 | $7,200 |
| 2017 | $272 | $8,325 | $1,125 | $7,200 |
| 2016 | $364 | $8,325 | $0 | $0 |
| 2014 | $364 | $8,325 | $0 | $0 |
Source: Public Records
Source: Memphis Area Association of REALTORS®
MLS Number: 10171020
APN: 02-0082-0-0020
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