NOT LISTED FOR SALE

Estimated Value: $154,000 - $209,000

5 Beds
2 Baths
1,965 Sq Ft
$89/Sq Ft Est. Value

About This Home

This home is located at 1198 Forrest Ave, Memphis, TN 38105 and is currently estimated at $175,446, approximately $89 per square foot. 1198 Forrest Ave is a home located in Shelby County with nearby schools including Snowden School, Manassas High School, and Memphis Scholars Caldwell-Guthrie.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2022
Sold by
Red Door Memphis Llc
Bought by
Crosstown Group Llc
Current Estimated Value
$175,446

Purchase Details

Closed on
May 5, 2021
Sold by
Compleo Llc
Bought by
Midtown Restoration Llc and Red Door Memphis Llc

Purchase Details

Closed on
Sep 15, 2010
Sold by
Fannie Mae
Bought by
Compleo Llc

Purchase Details

Closed on
Sep 11, 2009
Sold by
Lincoln Joyce Elaine
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 4, 2008
Sold by
Hairston Latonya
Bought by
Lincoln Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 2006
Sold by
Jones Larry
Bought by
Mtglq Investors Lp

Purchase Details

Closed on
Mar 19, 2006
Sold by
Mtglq Investors Lp
Bought by
Hairston Latonya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,300
Interest Rate
8.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 17, 2004
Sold by
E & R Investments
Bought by
Jones Larry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 3, 2003
Sold by
Herring Mary Ann and Oehm Margie
Bought by
E & R Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,008
Interest Rate
5.17%
Mortgage Type
Construction

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Midtown Restoration Llc $115,000 Coventry Escrow & Ttl Co Llc
Compleo Llc $27,825 None Available
Federal National Mortgage Association $142,709 None Available
Lincoln Joyce $140,000 Summit Title & Escrow Compan
Mtglq Investors Lp $83,700 None Available
Hairston Latonya $56,500 Real Estate Loan Svcs Tn Inc
Jones Larry $90,000 Chicago Title Insurance Co
E & R Investments Inc $45,000 Nations Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Red Door Memphis Llc $204,000
Previous Owner Lincoln Joyce $126,000
Previous Owner Hairston Latonya $83,300
Previous Owner Jones Larry $85,500
Previous Owner E & R Investments Inc $60,008
Source: Public Records

Tax History Compared to Growth

Source: Public Records

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 $1,228 $36,225 $4,700 $31,525
2023 $2,207 $36,225 $4,700 $31,525
2022 $2,207 $36,225 $4,700 $31,525
2021 $983 $36,225 $4,700 $31,525
2020 $1,936 $26,725 $4,700 $22,025
2019 $854 $26,725 $4,700 $22,025
2018 $854 $26,725 $4,700 $22,025
2017 $874 $26,725 $4,700 $22,025
2016 $1,084 $24,800 $0 $0
2014 $1,084 $24,800 $0 $0
Source: Public Records

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