1197 Forrest Ave Memphis, TN 38105
Crosstown Neighborhood
2
Beds
2
Baths
1,200-1,399
Sq Ft
6,098
Sq Ft Lot
Highlights
- The property is located in a historic district
- Traditional Architecture
- Attic
- Updated Kitchen
- Wood Flooring
- Sun or Florida Room
About This Home
As of July 2024Renovated home in a super Crosstown location! two bedrooms and two bathrooms plus a sitting room off the Primary make this a great home with a large kitchen and nice rear garden.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,160
Year Built
- Built in 1916
Lot Details
- 6,098 Sq Ft Lot
- Lot Dimensions are 42x152
- Wood Fence
- Landscaped
- Few Trees
Parking
- Driveway
Home Design
- Traditional Architecture
- Bungalow
- Composition Shingle Roof
- Stucco Exterior
- Pier And Beam
Interior Spaces
- 1,200-1,399 Sq Ft Home
- 1,354 Sq Ft Home
- 1-Story Property
- Smooth Ceilings
- Ceiling height of 9 feet or more
- Decorative Fireplace
- Fireplace Features Masonry
- Some Wood Windows
- Window Treatments
- Living Room with Fireplace
- Breakfast Room
- Dining Room
- Play Room
- Sun or Florida Room
- Attic
- Unfinished Basement
Kitchen
- Updated Kitchen
- Eat-In Kitchen
- Oven or Range
- Gas Cooktop
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Primary Bedroom Upstairs
- Possible Extra Bedroom
- Remodeled Bathroom
- 2 Full Bathrooms
Laundry
- Laundry Room
- Washer and Dryer Hookup
Utilities
- Central Heating and Cooling System
- 220 Volts
- Cable TV Available
Additional Features
- Porch
- The property is located in a historic district
Community Details
- Chandlers Addn To Speedway Terrace Subdivision
Listing and Financial Details
- Assessor Parcel Number 020002 00003
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 16, 2024
Closed on
Jul 11, 2024
Sold by
Goldstein Andrew
Bought by
Story Garrett and Story Nicole
Seller's Agent
David Da Ponte
Sowell, Realtors
Buyer's Agent
Justin Yarbrough
JASCO Realty
List Price
$165,000
Sold Price
$145,000
Premium/Discount to List
-$20,000
-12.12%
Total Days on Market
23
Views
36
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
$2,998
Avg. Annual Appreciation
3.65%
Original Mortgage
$108,750
Outstanding Balance
$108,210
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$41,170
Purchase Details
Closed on
Aug 4, 2022
Sold by
Kmam Llc
Bought by
Goldstein Andrew
Purchase Details
Listed on
Jun 5, 2020
Closed on
Jul 17, 2020
Sold by
Goldstein Andrew
Bought by
Kmam Llc
Seller's Agent
Lynn da Ponte Baack
Sowell, Realtors
Buyer's Agent
David Da Ponte
Sowell, Realtors
List Price
$159,900
Sold Price
$155,000
Premium/Discount to List
-$4,900
-3.06%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.77%
Original Mortgage
$151,449
Interest Rate
3.2%
Mortgage Type
Unknown
Purchase Details
Closed on
Dec 14, 2017
Sold by
Federman Peter E and Federman Katharine Browder
Bought by
Pete & Company Llc
Purchase Details
Listed on
Apr 11, 2017
Closed on
Aug 18, 2017
Sold by
Finger Audrew O
Bought by
Federman Peter E and Federman Katharine Browder
Seller's Agent
Sterling Owens
Madison Avenue Realty, LLC
Buyer's Agent
Lynn da Ponte Baack
Sowell, Realtors
List Price
$80,000
Sold Price
$42,000
Premium/Discount to List
-$38,000
-47.5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.86%
Purchase Details
Closed on
Feb 28, 2007
Sold by
Deutsche Bank National Trust Co
Bought by
Finger Andrew O
Purchase Details
Closed on
Aug 18, 2006
Sold by
Minnis Raymond
Bought by
Deutsche Bank National Trust Co
Purchase Details
Closed on
Dec 17, 2004
Sold by
Taylor Billy Howard
Bought by
Minnis Raymond
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage
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 | $145,000 | Coventry Escrow & Title | |
| Quit Claim Deed | -- | John D Smith Pllc | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $155,000 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $42,000 | None Available | |
| Special Warranty Deed | $26,000 | Service Link | |
| Trustee Deed | $37,500 | None Available | |
| Warranty Deed | $65,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $108,750 | New Conventional | |
| Previous Owner | $151,449 | Unknown | |
| Previous Owner | $49,500 | Unknown | |
| Previous Owner | $55,000 | Credit Line Revolving | |
| Previous Owner | $55,000 | Credit Line Revolving | |
| Previous Owner | $52,000 | Purchase Money Mortgage | |
| Closed | $9,750 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/11/2024 07/11/24 | Sold | $145,000 | -12.1% | $121 / Sq Ft |
| 06/08/2024 06/08/24 | Pending | -- | -- | -- |
| 05/16/2024 05/16/24 | For Sale | $165,000 | +6.5% | $138 / Sq Ft |
| 07/21/2020 07/21/20 | Sold | $155,000 | -3.1% | $129 / Sq Ft |
| 07/02/2020 07/02/20 | Pending | -- | -- | -- |
| 06/05/2020 06/05/20 | For Sale | $159,900 | +280.7% | $133 / Sq Ft |
| 08/21/2017 08/21/17 | Sold | $42,000 | -47.5% | $35 / Sq Ft |
| 08/14/2017 08/14/17 | Pending | -- | -- | -- |
| 04/11/2017 04/11/17 | For Sale | $80,000 | -- | $67 / 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 | $1,160 | $34,225 | $4,450 | $29,775 |
| 2023 | $2,085 | $34,225 | $4,450 | $29,775 |
| 2022 | $2,085 | $34,225 | $4,450 | $29,775 |
| 2021 | $929 | $34,225 | $4,450 | $29,775 |
| 2020 | $622 | $19,475 | $4,450 | $15,025 |
| 2019 | $622 | $19,475 | $4,450 | $15,025 |
| 2018 | $622 | $19,475 | $4,450 | $15,025 |
| 2017 | $637 | $19,475 | $4,450 | $15,025 |
| 2016 | $672 | $15,375 | $0 | $0 |
| 2014 | $672 | $15,375 | $0 | $0 |
Source: Public Records
Source: Memphis Area Association of REALTORS®
MLS Number: 10172468
APN: 02-0002-0-0003
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