NOT LISTED FOR SALE

1277 Forrest Ave Memphis, TN 38104

Crosstown Neighborhood

Estimated Value: $183,000 - $287,000

3 Beds
1.5 Baths
1,600-1,799 Sq Ft
$120/Sq Ft Est. Value

Last Sold March 22, 2021

Last sale price $190,000 $106 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,337/month

56 Days on Market

Highlights

  • Traditional Architecture
  • Eat-In Kitchen
  • Laundry Room
  • Wood Flooring
  • Patio
  • Central Heating and Cooling System

About This Home

As of March 2021

Lovely 3BR 2BA home near Crosstown Completely remodeled & New Shingled Roof! Lg living room w/ new wood laminate hd’wd floors & patio access. Eat in kit. features lots of cabinets, stainless steel appl, , granite counter tops, & subway style back splash tiles. Lg master BR lots of natural light & patio access. Another large Br & full bathroom,formal dining rm, & laundry rm. Spacious bonus rm upstairs can be used as Br, game rm, or media room. The fenced in backyard w/patio.

Last Agent to Sell the Property

Justin Lance

Keller Williams License #310176 Listed on: 11/24/2020

Keller Williams

Last Buyer's Agent

Kendall Hodges

Weichert, REALTORS-BenchMark License #334054

Weichert, REALTORS-BenchMark

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,471

Year Built

  • Built in 1926

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 60x108
  • Wood Fence
  • Level Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,600 Sq Ft Home
  • 1.5-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Chandlers Addn To Speedway Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 020014 00009

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,471

Year Built

Built in 1926

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: 119
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 118.75
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1600
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, 1 Bath, Laundry Room
  • Second Story Floor Plan: Master Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Up
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 1, Hardwood Floor
  • Bedroom 3 Description: Level 2, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 2
  • Fireplace: In Living Room
  • Floors/Ceilings: Wood Laminate Floors, Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Equipment: Dishwasher
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Eat-In Kitchen, Washer/Dryer Connections
  • Primary Bathroom Description: Tile Floor
  • Master Bedroom: Level 1, Full Bath, Hardwood Floor
  • Master Bedroom Dimensions: 10x10
  • Misc Interior: Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room
  • Total Bathrooms: 1.1

Exterior Features

  • Misc Exterior: Patio, Wood Fence
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Security: Smoke Detector(s), Dead Bolt Lock(s)
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level, Wood Fenced
  • Lot Number: 31
  • Acreage: 0.13
  • Lot Size: 60X108
  • Price Per Acre: 1461538

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 020014 00009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2020
Closed on
Mar 19, 2021
Sold by
Oakwood Homes Tn Llc
Bought by
Patterson Bailey
Seller's Agent
Justin Lance
Keller Williams
Buyer's Agent
Kendall Hodges
Weichert, REALTORS-BenchMark
List Price
$200,000
Sold Price
$190,000
Premium/Discount to List
-$10,000
-5%
Total Days on Market
56
Current Estimated Value
$216,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,175
Avg. Annual Appreciation
3.12%
Original Mortgage
$186,558
Outstanding Balance
$168,828
Interest Rate
2.73%
Mortgage Type
FHA
Estimated Equity
$47,347

Purchase Details

Listed on
Jun 12, 2019
Closed on
Apr 3, 2020
Sold by
Great American Homes Llc
Bought by
Oakwoos Homes Llc
Seller's Agent
Brian Brockman
Bang Realty
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$15,200
Sold Price
$18,680
Premium/Discount to List
$3,480
22.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
739.84%
Original Mortgage
$128,790
Interest Rate
3.4%
Mortgage Type
Unknown

Purchase Details

Listed on
Jun 12, 2019
Closed on
Feb 11, 2020
Sold by
Hsbc Bank Usa National Association
Bought by
Novais Group Llc
Seller's Agent
Brian Brockman
Bang Realty
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$15,200
Sold Price
$18,680
Premium/Discount to List
$3,480
22.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,790
Interest Rate
3.4%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 5, 2019
Sold by
Claxton Larry E and Claxton Mabel Y
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Dec 21, 2006
Sold by
Claxton Larry and Claxton Mabel Y
Bought by
Claxton Larry E and Claxton Mabel Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,250
Interest Rate
9.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 1999
Sold by
Graflund Virginia F
Bought by
Tyms Erma
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
Patterson Bailey $190,000 None Available
Oakwoos Homes Llc $65,000 None Available
Great American Homes $34,000 Saddle Creek Title Llc
Novais Group Llc $18,680 Saddle Creek Title Llc
Hsbc Bank Usa National Association $16,000 None Available
Claxton Larry E -- American Title Co
Tyms Erma -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patterson Bailey $186,558
Previous Owner Oakwoos Homes Llc $128,790
Previous Owner Claxton Larry E $109,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2021 03/22/21 Sold $190,000 0.0% $119 / Sq Ft
01/13/2021 01/13/21 Price Changed $190,000 -2.6% $119 / Sq Ft
12/15/2020 12/15/20 Price Changed $195,000 -2.5% $122 / Sq Ft
11/24/2020 11/24/20 For Sale $200,000 +970.7% $125 / Sq Ft
02/17/2020 02/17/20 Sold $18,680 +22.9% $19 / Sq Ft
01/22/2020 01/22/20 Pending -- -- --
01/06/2020 01/06/20 For Sale $15,200 0.0% $15 / Sq Ft
10/23/2019 10/23/19 Pending -- -- --
10/02/2019 10/02/19 For Sale $15,200 0.0% $15 / Sq Ft
10/02/2019 10/02/19 Price Changed $15,200 -5.0% $15 / Sq Ft
09/17/2019 09/17/19 Pending -- -- --
08/15/2019 08/15/19 For Sale $16,000 0.0% $16 / Sq Ft
08/15/2019 08/15/19 Price Changed $16,000 +50.9% $16 / Sq Ft
08/06/2019 08/06/19 Pending -- -- --
06/12/2019 06/12/19 For Sale $10,600 -- $11 / 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 $1,471 $64,475 $7,375 $57,100
2024 $1,471 $43,400 $4,200 $39,200
2023 $2,644 $43,400 $4,200 $39,200
2022 $2,644 $43,400 $4,200 $39,200
2021 $1,855 $30,100 $4,200 $25,900
2020 $1,315 $18,150 $4,200 $13,950
2019 $580 $18,150 $4,200 $13,950
2018 $580 $18,150 $4,200 $13,950
2017 $594 $18,150 $4,200 $13,950
2016 $737 $16,875 $0 $0
2014 $737 $16,875 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Justin Lance

    Keller Williams

    (877) 234-8777

    4 in this area

    316 Total Sales

    Justin Lance
    Section Image
  • Kendall Hodges

    Buyer's Agent in 2021

    Kendall Hodges

    Weichert, REALTORS-BenchMark

    (901) 490-2152

    1 in this area

    75 Total Sales

    Kendall Hodges
    Section Image
  • Brian Brockman

    Seller's Agent in 2020

    Brian Brockman

    Bang Realty

    (513) 898-1551

    218 Total Sales

    Brian Brockman
    Section Image

  • N

    Buyer's Agent in 2020

    NON-MLS NON-BOARD AGENT

    NON-MLS OR NON-BOARD OFFICE

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10089477

Memphis Area Association of REALTORS®

APN: 02-0014-0-0009

Tennessee Shelby County Memphis 38104 Crosstown

1277 Forrest Ave, Memphis, TN

This home is located at 1277 Forrest Ave, Memphis, TN 38104 since 24 November 2020 and is currently estimated at $216,175, approximately $120 per square foot. This property was built in 1926. 1277 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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