NOT LISTED FOR SALE

1209 Forrest Ave Memphis, TN 38104

Crosstown Neighborhood

Estimated Value: $116,000 - $157,000

3 Beds
1 Bath
1,200-1,399 Sq Ft
$95/Sq Ft Est. Value

Last Sold December 16, 2022

Last sale price $115,000 $82 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $818/month

89 Days on Market

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Porch
  • Wood Flooring
  • Separate Formal Living Room
  • Central Heating and Cooling System

About This Home

As of December 2022

AS IS PROPERTY. Home is occupied please do not disturb. Home will be vacant at closing. Please call listing agent for details.

Last Agent to Sell the Property

Arlese Rainer

Progressive Realty Services License #307845 Listed on: 09/08/2022

Last Buyer's Agent

NON-MLS NON-BOARD AGENT

NON-MLS OR NON-BOARD OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $866

Year Built

  • Built in 1920

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 42x141
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,227 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Separate Formal Living Room
  • Dining Room

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway

Outdoor Features

  • Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Chandler Addn To Speedway Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 020002 00006

Home Details

Home Type

Single Family

Est. Annual Taxes

$866

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 #: 744G
  • MAAR Subdivision Name: SPEEDWAY TERRACE
  • List Price Per Sq Ft: 117
  • Number Of Stories: 1
  • Price Per Sq Ft: 93.72
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1227
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down, Primary Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Wood Laminate Floors, Tile
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room
  • Number Of Fireplaces: 1
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central, Gas

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 18
  • Acreage: 0.13
  • Lot Size: 42X141
  • Price Per Acre: 1103846

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 020002 00006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2023
Sold by
Ninety8 Capital Llc
Bought by
International Immobilliare Llc
Total Days on Market
89
Current Estimated Value
$133,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Outstanding Balance
$178,300
Interest Rate
6.69%
Mortgage Type
Seller Take Back
Estimated Equity
-$45,008

Purchase Details

Closed on
May 19, 2023
Sold by
Darnell Clifton E
Bought by
Ninety8 Capital Llc

Purchase Details

Listed on
Sep 8, 2022
Closed on
Dec 20, 2022
Sold by
Williams Charles E
Bought by
Mcneal Xavian
Seller's Agent
Arlese Rainer
Progressive Realty Services
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$159,900
Sold Price
$115,000
Premium/Discount to List
-$44,900
-28.08%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.21%
Original Mortgage
$194,288
Interest Rate
6.58%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 1, 2013
Closed on
Mar 1, 2013
Sold by
Sousoulas George James
Bought by
Williams Charles E
Seller's Agent
Jimmie Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Ethel Hayes-Hollins
KAIZEN Realty, LLC
List Price
$27,000
Sold Price
$22,500
Premium/Discount to List
-$4,500
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.11%
Source: Public Records

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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
International Immobilliare Llc $140,000 Delta Title Services
Ninety8 Capital Llc $140,000 None Listed On Document
Mcneal Xavian $115,000 Preferred Title & Escrow
Williams Charles E $22,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open International Immobilliare Llc $182,000
Previous Owner Mcneal Xavian $194,288
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2022 12/16/22 Sold $115,000 -19.9% $96 / Sq Ft
12/06/2022 12/06/22 Pending -- -- --
11/28/2022 11/28/22 Price Changed $143,500 -0.2% $120 / Sq Ft
11/14/2022 11/14/22 Price Changed $143,800 -0.7% $120 / Sq Ft
11/07/2022 11/07/22 Price Changed $144,800 -0.1% $121 / Sq Ft
10/20/2022 10/20/22 Price Changed $144,900 -2.6% $121 / Sq Ft
10/19/2022 10/19/22 Price Changed $148,800 -0.1% $124 / Sq Ft
09/22/2022 09/22/22 Price Changed $148,900 -0.1% $124 / Sq Ft
09/19/2022 09/19/22 Price Changed $149,000 -3.8% $124 / Sq Ft
09/16/2022 09/16/22 Price Changed $154,900 -3.1% $129 / Sq Ft
09/08/2022 09/08/22 For Sale $159,900 +610.7% $133 / Sq Ft
03/01/2013 03/01/13 Sold $22,500 -16.7% $18 / Sq Ft
02/25/2013 02/25/13 Pending -- -- --
02/01/2013 02/01/13 For Sale $27,000 -- $22 / 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 $866 $35,025 $7,225 $27,800
2024 $866 $25,550 $4,125 $21,425
2023 $1,556 $25,550 $4,125 $21,425
2022 $1,556 $25,550 $4,125 $21,425
2021 $1,575 $25,550 $4,125 $21,425
2020 $1,386 $19,125 $4,125 $15,000
2019 $611 $19,125 $4,125 $15,000
2018 $611 $19,125 $4,125 $15,000
2017 $626 $19,125 $4,125 $15,000
2016 $782 $17,900 $0 $0
2014 $782 $17,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Arlese Rainer

    Progressive Realty Services

    (901) 258-7253

    1 in this area

    66 Total Sales

    Arlese Rainer
    Section Image

  • N

    Buyer's Agent in 2022

    NON-MLS NON-BOARD AGENT

    NON-MLS OR NON-BOARD OFFICE

  • Jimmie Tapley

    Seller's Agent in 2013

    Jimmie Tapley

    Crye-Leike, Inc., REALTORS

    (901) 336-7898

    2 in this area

    289 Total Sales

    Jimmie Tapley
    Section Image
  • Ethel Hayes-Hollins

    Buyer's Agent in 2013

    Ethel Hayes-Hollins

    KAIZEN Realty, LLC

    (901) 293-0094

    20 Total Sales

    Ethel Hayes-Hollins
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10133005

Memphis Area Association of REALTORS®

APN: 02-0002-0-0006

Tennessee Shelby County Memphis 38104 Crosstown

1209 Forrest Ave, Memphis, TN

This home is located at 1209 Forrest Ave, Memphis, TN 38104 since 08 September 2022 and is currently estimated at $133,292, approximately $95 per square foot. This property was built in 1920. 1209 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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