NOT LISTED FOR SALE

12089 Forrest St Arlington, TN 38002

Estimated Value: $265,000 - $337,000

3 Beds
2 Baths
1,800-1,999 Sq Ft
$157/Sq Ft Est. Value

Last Sold May 25, 2016

Last sale price $73,500 $37 Per Sq Ft

Est. 326% increase in value since last sale

Current estimated payment $1,812/month

Highlights

  • 0.63 Acre Lot
  • Fireplace in Primary Bedroom
  • Wood Flooring
  • Arlington Elementary School Rated A
  • Traditional Architecture
  • Separate Formal Living Room

About This Home

As of May 2016

7 rooms 3 bedrooms and 2 baths with detached garage in back, home is being sold as is and subject to auction terms.This property is under auction terms. The property is subject to a 5% buyers premium or 2,500 the higher of the two. Auction Terms & conditions, (minimums may apply). This is a reserve auction and all offers are subject to seller approval http://wwwhomesearch.com to make offers, bidding date will be start on 05/07/16 & biding will end 05/10/16

Last Agent to Sell the Property

Jerry T Davidson

Memphis One Inc License #50933 Listed on: 04/26/2016

Co-Listed By

Nina Davidson

Memphis One Inc License #55973

Last Buyer's Agent

Wayne Boyd

eXp Realty, LLC License #319374

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,743

Year Built

  • Built in 1920

Lot Details

  • 0.63 Acre Lot
  • Lot Dimensions are 120x230
  • Level Lot

Parking

  • 3 Parking Spaces

Home Design

  • Traditional Architecture
  • Pier And Beam

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 1,849 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • Some Wood Windows
  • Separate Formal Living Room
  • Dining Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Community Details

  • Arlington Subdivision

Listing and Financial Details

  • Assessor Parcel Number A0142 00133

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,743

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 842B
  • MAAR Subdivision Name: ARLINGTON
  • List Price Per Sq Ft: 34
  • Number Of Stories: 1
  • Price Per Sq Ft: 39.75
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1849
  • Year Built: 1920
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 1 Bath
  • Second Story Floor Plan: 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedrooms: 3
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Hardwood
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room
  • Number Of Fireplaces: 2
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Fireplace

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Wood/Composition
  • Foundation: Conventional

Garage/Parking

  • Number Covered Parking Spaces: 3
  • Parking Display: 3

Lot Info

  • Lot Description: Level
  • Acreage: 0.63
  • Lot Size: 120X230
  • Price Per Acre: 100000

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: A0142 00133

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2016
Closed on
Jun 6, 2016
Sold by
Brite Solutions Inc
Bought by
East Kenneth and East Judy
Seller's Agent
Jerry T Davidson
Memphis One Inc
Buyer's Agent
Wayne Boyd
eXp Realty, LLC
List Price
$63,000
Sold Price
$73,500
Premium/Discount to List
$10,500
16.67%
Current Estimated Value
$313,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,592
Avg. Annual Appreciation
16.71%
Original Mortgage
$70,418
Outstanding Balance
$56,058
Interest Rate
3.66%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$257,034

Purchase Details

Listed on
Apr 26, 2016
Closed on
May 12, 2016
Sold by
Nationstar Mortgage Llc
Bought by
Brite Solutions Inc
Seller's Agent
Jerry T Davidson
Memphis One Inc
Buyer's Agent
Wayne Boyd
eXp Realty, LLC
List Price
$63,000
Sold Price
$73,500
Premium/Discount to List
$10,500
16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,418
Outstanding Balance
$56,058
Interest Rate
3.66%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$257,034

Purchase Details

Closed on
May 25, 2005
Sold by
Mcgee Gerald W and Mcgee Lorie O
Bought by
Nationstar Mortgage Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,200
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2005
Sold by
Mcgee Gerald W
Bought by
Mcgee Gerald W and Mcgee Lorie O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,200
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2001
Sold by
Sulcer Richard D and Sulcer Denise L
Bought by
Mcgee Gerald W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,300
Interest Rate
6.9%
Source: Public Records

Range of Values:

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Average Value
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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
East Kenneth $104,000 None Available
Brite Solutions Inc $73,500 None Available
Nationstar Mortgage Llc $131,677 None Available
Mcgee Gerald W -- Archer Land Title
Mcgee Gerald W $147,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brite Solutions Inc $70,418
Previous Owner Mcgee Gerald W $151,200
Previous Owner Mcgee Gerald W $132,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2016 05/25/16 Sold $73,500 +16.7% $41 / Sq Ft
05/05/2016 05/05/16 Pending -- -- --
04/26/2016 04/26/16 For Sale $63,000 -- $35 / 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 $1,743 $66,275 $17,550 $48,725
2024 $3,487 $51,425 $15,750 $35,675
2023 $2,402 $51,425 $15,750 $35,675
2022 $2,402 $51,425 $15,750 $35,675
2021 $2,432 $51,425 $15,750 $35,675
2020 $2,184 $40,300 $13,250 $27,050
2019 $1,632 $40,300 $13,250 $27,050
2018 $2,096 $40,300 $13,250 $27,050
2017 $2,120 $40,300 $13,250 $27,050
2016 $1,721 $31,175 $0 $0
2014 $1,362 $31,175 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jerry T Davidson

    Seller's Agent in 2016

    Jerry T Davidson

    Memphis One Inc

    (901) 301-8159

    2 in this area

    34 Total Sales

    Jerry T Davidson
    Section Image

  • N

    Seller Co-Listing Agent in 2016

    Nina Davidson

    Memphis One Inc

    (901) 382-1180

    2 in this area

    34 Total Sales

    Nina Davidson
    Section Image
  • Wayne Boyd

    Buyer's Agent in 2016

    Wayne Boyd

    eXp Realty, LLC

    (901) 870-8080

    1 in this area

    23 Total Sales

    Wayne Boyd
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9976017

Memphis Area Association of REALTORS®

APN: A0-142-0-0133

Tennessee Shelby County Arlington 38002

12089 Forrest St, Arlington, TN

This home is located at 12089 Forrest St, Arlington, TN 38002 since 26 April 2016 and is currently estimated at $313,092, approximately $156 per square foot. This property was built in 1920. 12089 Forrest St is a home located in Shelby County with nearby schools including Arlington Elementary School, Arlington Middle School, and Arlington High School.

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