NOT LISTED FOR SALE

1540 Forrest Ave Memphis, TN 38112

Midtown Memphis Neighborhood

Estimated Value: $302,000 - $362,000

3 Beds
2 Baths
1,800-1,999 Sq Ft
$164/Sq Ft Est. Value

Last Sold June 04, 2018

Last sale price $259,000 $130 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,978/month

47 Days on Market

Highlights

  • Wood Flooring
  • Den
  • Patio
  • Attic
  • Eat-In Kitchen
  • Bungalow

About This Home

As of June 2018

Charming home in great location. Unique Mid-Century Modern wood & iron work. 2 updated baths, new Trane CAC, HW floors, tall ceilings. Significant electrical and plumbing updates. Eat-in Kitchen includes all appliances and new DW. Den off kitchen could serve as downstairs BR. 3 BRs upstairs. Beautiful lush, fenced back yard with large patio. Enclosed front porch is not included in square footage but has been used as living space. W & D included.

Last Agent to Sell the Property

Ed Beasley

Sowell, Realtors License #50257 Listed on: 03/24/2018

Last Buyer's Agent

Jenna Williamson

Green Bee Real Estate License #330197

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,357

Year Built

  • Built in 1913

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 55x160.68
  • Wood Fence
  • Landscaped
  • Level Lot

Parking

  • Driveway

Home Design

  • Bungalow
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 1,967 Sq Ft Home
  • 1.8-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Decorative Fireplace
  • Fireplace Features Masonry
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Wood Flooring
  • Unfinished Basement
  • Partial Basement
  • Pull Down Stairs to Attic
  • Iron Doors

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Gas Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • Remodeled Bathroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Two cooling system units
  • Central Air
  • Radiator
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Stonewall Addn Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 020040 00028

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,357

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Bungalow
  • Detached Unit Type: General Residential
  • Cross Street: Stonewall
  • MLS Map #: 744H
  • MAAR Subdivision Name: EVERGREEN
  • Historic District: Evergreen HC District
  • List Price Per Sq Ft: 132
  • Number Of Stories: 1.8
  • Price Per Sq Ft: 131.67
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1967
  • Year Built: 1913
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, 1 Bath
  • Second Story Floor Plan: Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: Renovated Bathroom, Full Bath Down
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedrooms: 3
  • Fireplace: Masonry, Decorative Only, In Living Room
  • Floors/Ceilings: Hardwood Throughout, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Cooktop, Gas Cooking, Dishwasher, Refrigerator, Washer, Dryer
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Eat-In Kitchen, Washer/Dryer Connections
  • Misc Interior: Pull Down Attic Stairs
  • Number Of Fireplaces: 1
  • Other Rooms: Unfinished Basement, Attic
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Patio, Wood Fence
  • Exterior Windows: Brick Veneer
  • Foundation: Conventional, Partial Basement
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central, Dual System
  • Heating: Gas, Radiator
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Level, Landscaped, Wood Fenced
  • Lot Number: 69
  • Acreage: 0.2
  • Lot Size: 55X160.68
  • Price Per Acre: 1295000

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 020040 00028

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2018
Closed on
Jun 4, 2018
Sold by
Rutkowski Livija D
Bought by
Humphreys Erica L and Humphreys Robert D
Seller's Agent
Ed Beasley
Sowell, Realtors
Buyer's Agent
Jenna Williamson
Green Bee Real Estate
List Price
$259,000
Sold Price
$259,000
Current Estimated Value
$327,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,116
Avg. Annual Appreciation
3.79%
Original Mortgage
$230,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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

Date Buyer Sale Price Title Company
Humphreys Erica L $259,000 Edco Title & Closing Svcs In
Humphreys Robert D $259,000 Edco Title & Closing Svcs In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Humphreys Erica L $225,500
Previous Owner Humphreys Robert D $230,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2018 06/04/18 Sold $259,000 0.0% $144 / Sq Ft
05/10/2018 05/10/18 Pending -- -- --
03/24/2018 03/24/18 For Sale $259,000 -- $144 / 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 $2,357 $80,025 $17,500 $62,525
2024 $2,357 $69,525 $11,950 $57,575
2023 $4,235 $69,525 $11,950 $57,575
2022 $4,235 $69,525 $11,950 $57,575
2021 $2,399 $69,525 $11,950 $57,575
2020 $3,270 $45,125 $11,950 $33,175
2019 $1,442 $45,125 $11,950 $33,175
2018 $1,442 $45,125 $11,950 $33,175
2017 $1,476 $45,125 $11,950 $33,175
2016 $1,781 $40,750 $0 $0
2014 $1,781 $40,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ed Beasley

    Seller's Agent in 2018

    Ed Beasley

    Sowell, Realtors

    (901) 335-8066

    3 in this area

    35 Total Sales

    Ed Beasley
    Section Image
  • Jenna Williamson

    Buyer's Agent in 2018

    Jenna Williamson

    Green Bee Real Estate

    (901) 281-3916

    2 in this area

    70 Total Sales

    Jenna Williamson
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10023168

Memphis Area Association of REALTORS®

APN: 02-0040-0-0028

Tennessee Shelby County Memphis 38112 Midtown Memphis

1540 Forrest Ave, Memphis, TN

This home is located at 1540 Forrest Ave, Memphis, TN 38112 since 24 March 2018 and is currently estimated at $327,116, approximately $163 per square foot. This property was built in 1913. 1540 Forrest Ave is a home located in Shelby County with nearby schools including Snowden School, Central High School, and Perea Elementary School.

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