NOT LISTED FOR SALE

1206 Forrest Ave Memphis, TN 38104

Crosstown Neighborhood

Estimated Value: $145,000 - $176,000

3 Beds
1.5 Baths
2,200-2,399 Sq Ft
$68/Sq Ft Est. Value

Last Sold May 26, 2023

Last sale price $156,100 $65 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,004/month

3 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Porch
  • Laundry Room
  • Den with Fireplace
  • Eat-In Kitchen
  • Bungalow

About This Home

As of May 2023

This unique, Bungalow styled property is in need of renovations but has a TON of potential! Located right in the heart of Memphis, this home has beautiful original woodwork as well as a very spacious den, dining room, eat in kitchen, large bedrooms, and more! This fixer upper presents a great opportunity for investors or for a permanent occupant who wants to add their own creativity and imagination to transform it into their ideal home. Ask about the 203k or Homestyle loan product. SOLD AS IS!!

Last Agent to Sell the Property

Kesha Hamilton

Keller Williams License #320924 Listed on: 05/07/2023

Keller Williams

Last Buyer's Agent

Brooke Boone

Harris & Harris Realty Group License #294210

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1916

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 45x160
  • Few Trees

Parking

  • Driveway

Home Design

  • Bungalow
  • Composition Shingle Roof
  • Stucco Exterior
  • Pier And Beam

Interior Spaces

  • 2,200-2,399 Sq Ft Home
  • 2,241 Sq Ft Home
  • 1.5-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Dining Room
  • Den with Fireplace
  • Eat-In Kitchen
  • Laundry Room
  • Unfinished Basement

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main

Outdoor Features

  • Porch

Utilities

  • Two cooling system units
  • Central Heating and Cooling System

Community Details

  • Chandler Addn To Speedway Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 020001 00015

Home Details

Home Type

Single Family

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Bungalow
  • Detached Unit Type: General Residential
  • Cross Street: North Bellevue Blvd
  • MLS Map #: 744G
  • MAAR Subdivision Name: SPEEDWAY TERRACE
  • List Price Per Sq Ft: 62
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 69.66
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2241
  • Year Built: 1916
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 1 Bath, Laundry Room
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, 1/2 Bath
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 2200-2399
  • Bedroom 2 Description: Level 2, Carpet
  • Bedroom 3 Description: Level 2, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 1
  • Fireplace: In Den/Great Room
  • Floors/Ceilings: Wall to Wall Carpet, Tile, 9 or more Ft. Ceiling
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Dining Room, Separate Den, Eat-In Kitchen
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Unfinished Basement
  • Total Bathrooms: 1.1
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Carpet

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Stucco
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central, Ceiling Fan(s), Dual System
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 5
  • Acreage: 0.16
  • Lot Size: 45X160
  • Price Per Acre: 875000

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 020001 00015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2023
Closed on
May 25, 2023
Sold by
Daniel Jerron K
Bought by
Forefront One Llc
Seller's Agent
Kesha Hamilton
Keller Williams
Buyer's Agent
Brooke Boone
Harris & Harris Realty Group
List Price
$140,000
Sold Price
$156,100
Premium/Discount to List
$16,100
11.5%
Total Days on Market
3
Views
118
Current Estimated Value
$162,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,973
Avg. Annual Appreciation
1.89%
Original Mortgage
$124,000
Interest Rate
6.43%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 20, 2011
Closed on
Mar 15, 2012
Sold by
Nest Egg Investments Llc
Bought by
Daniel Jerron K
Seller's Agent
Bob Rowe
Hobson, REALTORS
Buyer's Agent
Clay Davis
KAIZEN Realty, LLC
List Price
$19,900
Sold Price
$16,000
Premium/Discount to List
-$3,900
-19.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.53%
Original Mortgage
$66,500
Interest Rate
3.89%
Mortgage Type
Unknown

Purchase Details

Listed on
Dec 20, 2011
Closed on
Mar 9, 2012
Sold by
First Tennesee Bank National Association
Bought by
Nest Egg Investments Llc
Seller's Agent
Bob Rowe
Hobson, REALTORS
Buyer's Agent
Clay Davis
KAIZEN Realty, LLC
List Price
$19,900
Sold Price
$16,000
Premium/Discount to List
-$3,900
-19.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,500
Interest Rate
3.89%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 6, 2011
Sold by
Cofield Vanessa D and Moore Wilie L
Bought by
First Tennessee Bank National Associatio
Source: Public Records

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Range of Values:

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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
Forefront One Llc $156,100 None Listed On Document
Daniel Jerron K $61,750 Multiple
Nest Egg Investments Llc $16,000 None Available
First Tennessee Bank National Associatio $3,869 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Forefront One Llc $195,000
Closed Forefront One Llc $124,000
Previous Owner Daniel Jerron $64,500
Previous Owner Daniel Jerron K $66,500
Previous Owner Cofield Vanessa D $52,800
Previous Owner Cofield Vanessa D $15,000
Previous Owner Cofield Vanessa D $13,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2023 05/26/23 Sold $156,100 +11.5% $71 / Sq Ft
05/10/2023 05/10/23 Pending -- -- --
05/07/2023 05/07/23 For Sale $140,000 +775.0% $64 / Sq Ft
03/12/2012 03/12/12 Sold $16,000 -19.6% $9 / Sq Ft
02/02/2012 02/02/12 Pending -- -- --
12/20/2011 12/20/11 For Sale $19,900 -- $11 / Sq Ft
Source: Memphis Area Association of REALTORS®

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
2025 -- $70,850 $8,200 $62,650
2024 $1,164 $34,325 $4,700 $29,625
2023 $2,091 $34,325 $4,700 $29,625
2022 $2,091 $34,325 $4,700 $29,625
2021 $2,115 $34,325 $4,700 $29,625
2020 $1,842 $25,425 $4,700 $20,725
2019 $1,842 $25,425 $4,700 $20,725
2018 $1,842 $25,425 $4,700 $20,725
2017 $1,045 $25,425 $4,700 $20,725
2016 $1,030 $23,575 $0 $0
2014 $1,030 $23,575 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kesha Hamilton

    Seller's Agent in 2023

    Kesha Hamilton

    Keller Williams

    (901) 831-5308

    1 in this area

    130 Total Sales

    Kesha Hamilton
    Section Image
  • Brooke Boone

    Buyer's Agent in 2023

    Brooke Boone

    Harris & Harris Realty Group

    (901) 628-6989

    1 in this area

    87 Total Sales

    Brooke Boone
    Section Image
  • Bob Rowe

    Seller's Agent in 2012

    Bob Rowe

    Hobson, REALTORS

    (901) 274-5101

    Section Image
  • Jennifer & Joel Hobson

    Seller Co-Listing Agent in 2012

    Jennifer & Joel Hobson

    Hobson, REALTORS

    (901) 482-2929

    196 Total Sales

    Jennifer & Joel Hobson
    Section Image

  • C

    Buyer's Agent in 2012

    Clay Davis

    KAIZEN Realty, LLC

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10147500

Memphis Area Association of REALTORS®

APN: 02-0001-0-0015

Tennessee Shelby County Memphis 38104 Crosstown

1206 Forrest Ave, Memphis, TN

This home is located at 1206 Forrest Ave, Memphis, TN 38104 since 07 May 2023 and is currently estimated at $162,073, approximately $67 per square foot. This property was built in 1916. 1206 Forrest Ave is a home located in Shelby County with nearby schools including Snowden School, Manassas High School, and Memphis Scholars Caldwell-Guthrie.

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