NOT LISTED FOR SALE

1228 Forrest Ave Memphis, TN 38104

Crosstown Neighborhood

Estimated Value: $110,000 - $140,793

3 Beds
1 Bath
1,200-1,399 Sq Ft
$89/Sq Ft Est. Value

Last Sold June 09, 2019

Last sale price $70,000 $50 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $744/month

22 Days on Market

Highlights

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

About This Home

As of June 2019

Great House you need to make it a home!!!! Up and coming Crosstown area Make it your home today!!!!!

Last Agent to Sell the Property

Anthony Smith

Divine Destiny Realty License #313872 Listed on: 01/26/2018

Last Buyer's Agent

Katie Bigus

REMAX Experts License #334782

REMAX Experts

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $981

Year Built

  • Built in 1927

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 45 x 160
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,326 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Separate Formal Living Room
  • Wood Flooring
  • Iron Doors

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System

Community Details

  • Chandler's Addn To Speedway Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 020001 00010

Home Details

Home Type

Single Family

Est. Annual Taxes

$981

Year Built

Built in 1927

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: 60
  • Number Of Stories: 1
  • Price Per Sq Ft: 52.79
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1326
  • Year Built: 1927
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: Full Bath Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room
  • Number Of Fireplaces: 1
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 10
  • Acreage: 0.16
  • Lot Size: 45 X 160
  • Price Per Acre: 499375

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 020001 00010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2018
Closed on
May 30, 2019
Sold by
Sulaimaan Mubbarik and Sweeting Brenda Joyce
Bought by
Cline Jacob M
Seller's Agent
Anthony Smith
Divine Destiny Realty
Buyer's Agent
Katie Bigus
REMAX Experts
List Price
$79,900
Sold Price
$70,000
Premium/Discount to List
-$9,900
-12.39%
Total Days on Market
22
Current Estimated Value
$124,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,698
Avg. Annual Appreciation
10.14%
Original Mortgage
$70,000
Outstanding Balance
$62,047
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$62,651

Purchase Details

Closed on
Sep 29, 1997
Sold by
Montgomery Helen
Bought by
Sweeting Barbara D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,566
Interest Rate
7.6%
Mortgage Type
FHA
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
Cline Jacob M $70,000 Closetrack Clsoing & Ttl Ser
Sweeting Barbara D $46,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cline Jacob M $15,000
Open Cline Jacob M $70,000
Previous Owner Sweeting Barbara D $45,566
Closed Sweeting Barbara D $1,560
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2019 06/09/19 Sold $70,000 -12.4% $58 / Sq Ft
02/17/2018 02/17/18 Pending -- -- --
01/26/2018 01/26/18 For Sale $79,900 -- $67 / 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 $981 $38,075 $8,200 $29,875
2024 $981 $28,950 $4,700 $24,250
2023 $1,764 $28,950 $4,700 $24,250
2022 $1,764 $28,950 $4,700 $24,250
2021 $1,784 $28,950 $4,700 $24,250
2020 $1,478 $20,400 $4,700 $15,700
2019 $652 $20,400 $4,700 $15,700
2018 $652 $20,400 $4,700 $15,700
2017 $667 $20,400 $4,700 $15,700
2016 $828 $18,950 $0 $0
2014 $828 $18,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    Anthony Smith

    Divine Destiny Realty

    (901) 730-0348

    27 Total Sales

    Anthony Smith
    Section Image
  • Katie Bigus

    Buyer's Agent in 2019

    Katie Bigus

    RE/MAX

    (901) 633-0639

    25 Total Sales

    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10019188

Memphis Area Association of REALTORS®

APN: 02-0001-0-0010

Tennessee Shelby County Memphis 38104 Crosstown

1228 Forrest Ave, Memphis, TN

This home is located at 1228 Forrest Ave, Memphis, TN 38104 since 26 January 2018 and is currently estimated at $124,698, approximately $89 per square foot. This property was built in 1927. 1228 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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