NOT LISTED FOR SALE

1263 Forrest Ave Memphis, TN 38104

Crosstown Neighborhood

Estimated Value: $149,000 - $213,000

3 Beds
2 Baths
1,600-1,799 Sq Ft
$99/Sq Ft Est. Value

Last Sold May 24, 2013

Last sale price $22,500 $13 Per Sq Ft

Est. 689% increase in value since last sale

Current estimated payment $1,096/month

10 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • Central Heating and Cooling System
  • Wood Flooring
  • Eat-In Kitchen
  • Level Lot

About This Home

As of May 2013

owner/agent Recent Apprasial completed in April available upon request65% investor financing available no credit score required

Last Agent to Sell the Property

Derrick Echols

Morris Auction Group License #284969 Listed on: 04/30/2013

Last Buyer's Agent

Derrick Echols

Morris Auction Group License #284969 Listed on: 04/30/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,203

Year Built

  • Built in 1930

Lot Details

  • 6,098 Sq Ft Lot
  • Level Lot

Parking

  • Driveway

Home Design

  • Colonial Architecture

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,737 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Wood Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • Chandlers Addn To Speedway Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 020014 00006

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,203

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Colonial
  • Detached Unit Type: General Residential
  • MLS Map #: 744G
  • MAAR Subdivision Name: SPEEDWAY TERRACE
  • Number Of Stories: 1
  • Price Per Sq Ft: 12.95
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1737
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 2
  • Living Dining Kitchen: Eat-In Kitchen
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Exterior Features

  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: E PT 33
  • Acreage: 0.14
  • Lot Size: 45.5/47X139.36/133.17

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 020014 00006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2013
Sold by
Mid South Homebuyers Inc
Bought by
Bfi Property Group Llc
Total Days on Market
10
Current Estimated Value
$177,483

Purchase Details

Listed on
Apr 30, 2013
Closed on
May 24, 2013
Sold by
Echols Derrick
Bought by
Midsouth Homebuyers Inc
Seller's Agent
Derrick Echols
Morris Auction Group
Buyer's Agent
Derrick Echols
Morris Auction Group
List Price
$33,000
Sold Price
$22,500
Premium/Discount to List
-$10,500
-31.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.71%

Purchase Details

Listed on
Apr 30, 2013
Closed on
Apr 3, 2013
Sold by
Wisdom Michael
Bought by
Echols Derrick
Seller's Agent
Derrick Echols
Morris Auction Group
Buyer's Agent
Derrick Echols
Morris Auction Group
List Price
$33,000
Sold Price
$22,500
Premium/Discount to List
-$10,500
-31.82%

Purchase Details

Closed on
May 21, 2009
Sold by
Riddle Lavonna
Bought by
Wisdom Michael

Purchase Details

Closed on
Feb 5, 2009
Sold by
Hurt John Robert and Hurt Kimberly A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 20, 2007
Sold by
Federal National Mortgage Association
Bought by
Riddle La Vonna

Purchase Details

Closed on
Feb 9, 2005
Sold by
Mid South Home Buyers Inc
Bought by
Hurt John Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 2004
Sold by
Donaldson Lufkin & Jenrette Mortgage Cap
Bought by
Kerr Terry and Midsouth Homebuyers

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 24, 2004
Sold by
Beckham Gary
Bought by
Donaldson Lutkin & Jenrette Mortgage Cap

Purchase Details

Closed on
Jan 16, 2004
Sold by
Williams Mykisha
Bought by
Beckham Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,750
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 26, 2003
Sold by
Deutsche Bank National Trust Co
Bought by
Williams Mykisha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,750
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 14, 2003
Sold by
Liddell Blondell
Bought by
Deutsche Bank National Trust Co and Ameriquest Mortgage Securities Inc

Purchase Details

Closed on
Jan 6, 2003
Sold by
Nova Marketing Services Inc
Bought by
Liddell Blondell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,600
Interest Rate
9.05%

Purchase Details

Closed on
Jun 28, 2002
Sold by
Ivy Hill Investments Inc
Bought by
Nova Marketing Services Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
6.75%

Purchase Details

Closed on
Apr 30, 2002
Sold by
Eastern Svgs Bank Fsb
Bought by
Ivy Hill Investment Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
6.75%

Purchase Details

Closed on
Apr 3, 2001
Sold by
Ossie Lowe and Ossie Betty J
Bought by
Eastern Svgs Bank Fsb

Purchase Details

Closed on
Apr 28, 1998
Sold by
Blaydes Peter
Bought by
Lowe Ossie and Lowe Betty J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
7.03%

Purchase Details

Closed on
Jul 1, 1997
Sold by
Baker Charles P
Bought by
Blaydes Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
7.98%

Purchase Details

Closed on
Feb 4, 1997
Sold by
Weiss Arnold M
Bought by
Hud
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
Bfi Property Group Llc $9,700 None Available
Midsouth Homebuyers Inc -- None Available
Midsouth Homebuilders Inc $22,500 Fidelity Title And Escrow
Echols Derrick $8,213 None Available
Wisdom Michael -- None Available
Federal National Mortgage Association $117,019 None Available
Riddle La Vonna $18,500 Landcastle Title Llc
Hurt John Robert $85,000 --
Kerr Terry $32,000 Associates Closing & Title
Donaldson Lutkin & Jenrette Mortgage Cap $30,363 --
Beckham Gary $75,000 First National Financial Tit
Williams Mykisha $27,000 First National Financial Tit
Deutsche Bank National Trust Co $65,000 --
Liddell Blondell $84,000 --
Nova Marketing Services Inc $34,000 --
Ivy Hill Investment Inc $65,000 --
Eastern Svgs Bank Fsb $65,000 --
Lowe Ossie $65,000 --
Blaydes Peter $44,800 --
Hud $61,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hurt John Robert $110,400
Previous Owner Hurt John Robert $100,000
Previous Owner Hurt John Robert $85,000
Previous Owner Kerr Terry $52,000
Previous Owner Beckham Gary $63,750
Previous Owner Liddell Blondell $75,600
Previous Owner Nova Marketing Services Inc $51,000
Previous Owner Lowe Ossie $52,000
Previous Owner Baker Chuck $45,000
Closed Lowe Ossie $9,750
Closed Liddell Blondell $4,200
Closed Beckham Gary $7,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2013 05/24/13 Sold $22,500 -31.8% $14 / Sq Ft
05/10/2013 05/10/13 Pending -- -- --
04/30/2013 04/30/13 For Sale $33,000 -- $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 $1,203 $46,050 $7,650 $38,400
2024 $1,203 $35,500 $4,375 $31,125
2023 $2,163 $35,500 $4,375 $31,125
2022 $2,163 $35,500 $4,375 $31,125
2021 $2,188 $35,500 $4,375 $31,125
2020 $1,893 $26,125 $4,375 $21,750
2019 $1,893 $26,125 $4,375 $21,750
2018 $1,893 $26,125 $4,375 $21,750
2017 $1,074 $26,125 $4,375 $21,750
2016 $1,058 $24,200 $0 $0
2014 $1,058 $24,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2013

    Derrick Echols

    Morris Auction Group

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3270523

Memphis Area Association of REALTORS®

APN: 02-0014-0-0006

Tennessee Shelby County Memphis 38104 Crosstown

1263 Forrest Ave, Memphis, TN

This home is located at 1263 Forrest Ave, Memphis, TN 38104 since 30 April 2013 and is currently estimated at $177,483, approximately $98 per square foot. This property was built in 1930. 1263 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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