NOT LISTED FOR SALE

1258 Forrest Ave Memphis, TN 38104

Crosstown Neighborhood

Estimated Value: $182,407 - $293,000

3 Beds
1 Bath
1,200-1,399 Sq Ft
$155/Sq Ft Est. Value

Sale Details

Date Sold: June 30, 2023

Last sale price $94,000 $67 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $1,288 / mo

10 Days on Market

Highlights

  • The property is located in a historic district
  • Traditional Architecture
  • 1 Car Detached Garage
  • Living Room with Fireplace
  • Wood Flooring
  • Brick Veneer

About This Home

As of June 2023

This is a diamond in the rough! Soooooo much potential! It needs a TOTAL renovation. ENTER AT YOUR OWN RISK! There is no kitchen floor and no utilities. Plan accordingly. Great price, great investment. Located in the shadow of the Concourse this one is only going to continue to go up in value. You can see the brewery from the large front porch. Location, location, location!

Last Agent to Sell the Property

Amanda Lott

BHHS McLemore & Co., Realty License #318728 Listed on: 05/26/2023

BHHS McLemore & Co., Realty

Co-Listed By

Carol Lott

BHHS McLemore & Co., Realty License #225648

Last Buyer's Agent

Dean Harris

CrestCore Realty MphsBrokerage License #286759

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1922

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 46x134
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,365 Sq Ft Home
  • 1-Story Property
  • Decorative Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Permanent Attic Stairs

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Detached Garage
  • Rear-Facing Garage
  • Driveway

Additional Features

  • Patio
  • The property is located in a historic district

Community Details

  • Chandlers Addn To Speedway Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 020015 00017

Home Details

Home Type

Single Family

Year Built

Built in 1922

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Montgomery
  • MAAR Subdivision Name: SPEEDWAY TERRACE
  • Historic District: Speedway Terrace
  • List Price Per Sq Ft: 101
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1365
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Hardwood Floor, Shared Bath, Level 1
  • Bedroom 3 Description: Hardwood Floor, Shared Bath, Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Decorative Only, In Living Room
  • Floors/Ceilings: Hardwood Throughout, Tile
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room
  • Misc Interior: Permanent Attic Stairs
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Hardwood Floor, Level 1

Exterior Features

  • Misc Exterior: Patio, Historic District
  • Exterior Windows: Brick Veneer
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 1
  • Parking Display: G1D
  • Parking Storage: Driveway/Pad, Back-Load Garage

Utilities

  • Water Sewer: Public Sewer, Public Water

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: W PT 26
  • Acreage: 0.14
  • Lot Size: 46X134

Tax Info

  • Assessor Parcel Number: 020015 00017

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2024
Sold by
Bought by
Current Estimated Value
$216,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,500
Interest Rate
6.84%
Mortgage Type
Construction

Purchase Details

Listed on
May 26, 2023
Closed on
Jun 29, 2023
Sold by
Bought by
Seller's Agent
Amanda Lott
BHHS McLemore & Co., Realty
Buyer's Agent
Dean Harris
CrestCore Realty MphsBrokerage
List Price
$147,900
Sold Price
$94,000
Premium/Discount to List
-$53,900
-36.44%
Views
65

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.15%

Purchase Details

Listed on
May 26, 2023
Closed on
Jun 8, 2023
Sold by
Bought by
Seller's Agent
Amanda Lott
BHHS McLemore & Co., Realty
Buyer's Agent
Dean Harris
CrestCore Realty MphsBrokerage
List Price
$147,900
Sold Price
$94,000
Premium/Discount to List
-$53,900
-36.44%
Views
65

Purchase Details

Closed on
Jun 10, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
5.27%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Local Title
-- Local Title
$94,000 Local Title
$72,000 None Listed On Document
$80,000 Stiles Law Firm Pllc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $189,500
Previous Owner $170,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/30/2023 06/30/23 Sold $94,000 -31.8% $78 / Sq Ft
06/04/2023 06/04/23 Price Changed $137,900 -6.8% $115 / Sq Ft
05/26/2023 05/26/23 For Sale $147,900 -- $123 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,429 $53,125 $7,625 $45,500
2024 $936 $27,600 $4,350 $23,250
2023 $1,681 $27,600 $4,350 $23,250
2022 $1,681 $27,600 $4,350 $23,250
2021 $1,701 $27,600 $4,350 $23,250
2020 $1,505 $20,775 $4,350 $16,425
2019 $664 $20,775 $4,350 $16,425
2018 $664 $20,775 $4,350 $16,425
2017 $680 $20,775 $4,350 $16,425
2016 $838 $19,175 $0 $0
2014 $838 $19,175 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Amanda Lott

    Seller's Agent in 2023

    Amanda Lott

    BHHS McLemore & Co., Realty

    (901) 461-9246

    9 in this area

    332 Total Sales

    Amanda Lott
    Section Image
  • Carol Lott

    Seller Co-Listing Agent in 2023

    Carol Lott

    BHHS McLemore & Co., Realty

    (901) 461-4869

    9 in this area

    322 Total Sales

    Carol Lott
    Section Image
  • Dean Harris

    Buyer's Agent in 2023

    Dean Harris

    CrestCore Realty MphsBrokerage

    (901) 619-6170

    9 in this area

    1,376 Total Sales

    Dean Harris
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10148865

Memphis Area Association of REALTORS®

APN: 02-0015-0-0017

Tennessee Shelby County Memphis 38104 Crosstown

1258 Forrest Ave, Memphis, TN

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