NOT LISTED FOR SALE

1241 Forrest Ave Memphis, TN 38104

Crosstown Neighborhood

Estimated Value: $129,518 - $205,000

3 Beds
1 Bath
1,200-1,399 Sq Ft
$118/Sq Ft Est. Value

Last Sold April 30, 2012

Last sale price $22,500 $16 Per Sq Ft

Est. 633% increase in value since last sale

Current estimated payment $1,008/month

10 Days on Market

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Some Wood Windows
  • Wood Flooring
  • Separate Formal Living Room
  • Dining Room

About This Home

As of April 2012

GREAT FOR INVESTORS, OR HOMEOWNER WHO CAN DO RENOVATION. ALL CASH, CANNOT DO NEW LOAN, MUST HAVE COURT APPROVAL.

Last Agent to Sell the Property

B. J. Worthy

REMAX Experts License #58271 Listed on: 04/08/2012

REMAX Experts

Last Buyer's Agent

B. J. Worthy

REMAX Experts License #58271 Listed on: 04/08/2012

REMAX Experts

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $978

Year Built

  • Built in 1942

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,397 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Some Wood Windows
  • Separate Formal Living Room
  • Dining Room
  • Iron Doors

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Heating System Uses Gas
  • 220 Volts

Community Details

  • Chandlers Addn To Speedway Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 020014 00001

Home Details

Home Type

Single Family

Est. Annual Taxes

$978

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: MONTGOMERY
  • MLS Map #: 744G
  • MAAR Subdivision Name: SPEEDWAY TERRACE
  • Number Of Stories: 1
  • Price Per Sq Ft: 16.11
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1397
  • Year Built: 1942
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

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

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer, Wood/Composition

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: 220 Wiring
  • Heating: Gas

Lot Info

  • Lot Description: Level
  • Lot Number: W PT 35
  • Acreage: 0.17
  • Lot Size: 45.5/47X168/159.2

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 020014 00001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 3, 2018
Sold by
Tonga Properties Group 2 Llc
Bought by
Tonga Properties Llc
Total Days on Market
10
Current Estimated Value
$164,880

Purchase Details

Closed on
Apr 22, 2015
Sold by
Tonga Properties Llc
Bought by
Tonga Properties Group 2 Llc

Purchase Details

Closed on
Jul 11, 2013
Sold by
Duong Thao Thi
Bought by
Tonga Properties Llc

Purchase Details

Listed on
Apr 8, 2012
Closed on
Apr 30, 2012
Sold by
Nguyen Tonga
Bought by
Dong Thao Thi
Seller's Agent
B. J. Worthy
REMAX Experts
Buyer's Agent
B. J. Worthy
REMAX Experts
List Price
$25,000
Sold Price
$22,500
Premium/Discount to List
-$2,500
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.42%

Purchase Details

Closed on
Dec 13, 2004
Sold by
Pettit Jack Forest and Pettit Shirley Ann Glover
Bought by
Hemness Niki Chandler
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
Tonga Properties Llc -- Mid South Title Svcs Llc
Tonga Properties Group 2 Llc -- Mid South Title Services Llc
Tonga Properties Llc -- None Available
Dong Thao Thi -- None Available
Nguyen Tonga $22,500 None Available
Hemness Niki Chandler -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2012 04/30/12 Sold $22,500 -10.0% $19 / Sq Ft
04/18/2012 04/18/12 Pending -- -- --
04/08/2012 04/08/12 For Sale $25,000 -- $21 / 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 $978 $38,075 $8,325 $29,750
2024 $978 $28,850 $4,750 $24,100
2023 $1,757 $28,850 $4,750 $24,100
2022 $1,757 $28,850 $4,750 $24,100
2021 $1,778 $28,850 $4,750 $24,100
2020 $1,581 $21,825 $4,750 $17,075
2019 $1,581 $21,825 $4,750 $17,075
2018 $1,581 $21,825 $4,750 $17,075
2017 $897 $21,825 $4,750 $17,075
2016 $764 $17,475 $0 $0
2014 $764 $17,475 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B. J. Worthy

    Seller's Agent in 2012

    B. J. Worthy

    RE/MAX

    (901) 409-5605

    1 in this area

    50 Total Sales

    B. J. Worthy
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3245119

Memphis Area Association of REALTORS®

APN: 02-0014-0-0001

Tennessee Shelby County Memphis 38104 Crosstown

1241 Forrest Ave, Memphis, TN

This home is located at 1241 Forrest Ave, Memphis, TN 38104 since 08 April 2012 and is currently estimated at $164,880, approximately $117 per square foot. This property was built in 1942. 1241 Forrest Ave is a home located in Shelby County with nearby schools including Snowden School, Manassas High School, and Perea Elementary School.

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