NOT LISTED FOR SALE

1542 Forrest Ave Memphis, TN 38112

Midtown Memphis Neighborhood

Estimated Value: $315,000 - $384,000

4 Beds
2 Baths
2,369 Sq Ft
$150/Sq Ft Est. Value

Last Sold December 04, 2012

Last sale price $185,000 $78 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $2,170/month

167 Days on Market

Highlights

  • Gated Parking
  • Living Room with Fireplace
  • Main Floor Primary Bedroom
  • Landscaped Professionally
  • Wood Flooring
  • Great Room

About This Home

As of December 2012

Sit on the front porch and enjoy your sweet tea at this precious Midtown bungalow.! Three bedroom down. Awesome backyard and patio plus new carport with storage and electronic iron gate. Close to Brooks, Zoo and Midtown eateries.

Last Agent to Sell the Property

Jim Black

Marx-Bensdorf, REALTORS License #206012 Listed on: 06/15/2012

Co-Listed By

Cathleen Black

Marx-Bensdorf, REALTORS License #282406

Last Buyer's Agent

Betty Radford

Crye-Leike, Inc., REALTORS License #209528

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,839

Year Built

  • Built in 1912

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50x160.68
  • Wrought Iron Fence
  • Wood Fence
  • Landscaped Professionally
  • Level Lot
  • Sprinklers on Timer
  • Few Trees

Home Design

  • Bungalow
  • Composition Shingle Roof

Interior Spaces

  • 2,369 Sq Ft Home
  • 1.5-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Some Wood Windows
  • Window Treatments
  • Great Room
  • Living Room with Fireplace
  • 3 Fireplaces
  • Breakfast Room
  • Bonus Room with Fireplace
  • Storage Room
  • Partial Basement
  • Permanent Attic Stairs

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Possible Extra Bedroom
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Home Security

  • Monitored
  • Storm Windows
  • Fire and Smoke Detector
  • Termite Clearance
  • Iron Doors

Parking

  • 1 Car Detached Garage
  • Carport
  • Front Facing Garage
  • Gated Parking

Outdoor Features

  • Patio
  • Outdoor Storage
  • Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Stonewall Subdivision

Listing and Financial Details

  • Assessor Parcel Number 020040 00027

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,839

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Bungalow
  • Detached Unit Type: General Residential
  • MLS Map #: 744H
  • MAAR Subdivision Name: EVERGREEN
  • Historic District: Evergreen HC District
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 78.09
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2369
  • Termite Contract: Yes
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Breakfast Room
  • Second Story Floor Plan: 2nd Bedroom
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Renovated Bathroom, Separate Tub & Shower
  • Estimated Heated Sq Ft Range: Not Available
  • Bedroom 2 Description: Level 1, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 1, Smooth Ceiling, Hardwood Floor
  • Bedroom 4 Description: Level 2, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 4
  • Bedrooms Down: 3
  • Fireplace: Masonry, In Living Room, In Other Room, Gas Logs
  • Floors/Ceilings: Part Hardwood, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Disposal, Dishwasher, Refrigerator, Washer, Dryer, Cable Wired
  • Living Dining Kitchen: Great Room, Separate Breakfast Room
  • Misc Interior: All Window Treatments, Permanent Attic Stairs, Security System, Smoke Detector(s), Monitored Alarm
  • Number Of Fireplaces: 3
  • Other Rooms: Internal Expansion Area
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Level 1, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Auto Lawn Sprinkler, Storage Building, Porch, Patio
  • Exterior Windows: Wood Window(s), Storm Window(s)
  • Foundation: Partial Basement
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1D
  • Parking Storage: Storage Room(s), Front-Load Garage, Gated Parking, Gate Clickers

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central, Gas
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level, Professionally Landscaped, Wood Fenced, Iron Fenced
  • Lot Number: 68
  • Acreage: 0.18
  • Lot Size: 50X160.68

Multi Family

  • Number Of Rooms: 9

Tax Info

  • Assessor Parcel Number: 020040 00027

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2012
Closed on
Dec 3, 2012
Sold by
Burgess Elizabeth H
Bought by
James Katherine H
Seller's Agent
Jim Black
Marx-Bensdorf, REALTORS
Buyer's Agent
Betty Radford
Crye-Leike, Inc., REALTORS
List Price
$219,000
Sold Price
$185,000
Premium/Discount to List
-$34,000
-15.53%
Current Estimated Value
$354,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,808
Avg. Annual Appreciation
5.27%

Purchase Details

Closed on
Apr 30, 2004
Sold by
Roscoe Eddie L and Roscoe Karen B
Bought by
Burgess John O and Burgess Elizabeth H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,200
Interest Rate
5.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 2, 1998
Sold by
Mae Bingham J and Mae Julia Mae
Bought by
Roscoe Eddie L and Roscoe Karen B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,798
Interest Rate
7.15%
Mortgage Type
VA
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
James Katherine H $185,000 Realty Title & Escrow Co
Burgess John O $176,500 --
Roscoe Eddie L $106,600 West Tennessee Title Ins Age
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cole Delma R $40,000
Previous Owner Burgess Elizabeth H $35,000
Previous Owner Burgess John O $141,200
Previous Owner Roscoe Eddie L $164,700
Previous Owner Roscoe Eddie L $24,183
Previous Owner Roscoe Eddie L $24,393
Previous Owner Roscoe Eddie L $109,798
Closed Burgess John O $26,475
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2012 12/04/12 Sold $185,000 -15.5% $78 / Sq Ft
11/29/2012 11/29/12 Pending -- -- --
06/15/2012 06/15/12 For Sale $219,000 -- $92 / 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 $2,839 $96,025 $16,275 $79,750
2024 $2,839 $83,750 $11,125 $72,625
2023 $5,102 $83,750 $11,125 $72,625
2022 $5,102 $83,750 $11,125 $72,625
2021 $5,957 $96,650 $11,125 $85,525
2020 $4,891 $67,500 $11,125 $56,375
2019 $6,070 $83,775 $11,125 $72,650
2018 $6,070 $83,775 $11,125 $72,650
2017 $3,443 $83,775 $11,125 $72,650
2016 $2,500 $57,200 $0 $0
2014 $2,500 $57,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Jim Black

    Marx-Bensdorf, REALTORS

  • Cathleen Black

    Seller Co-Listing Agent in 2012

    Cathleen Black

    Marx-Bensdorf, REALTORS

    (901) 483-3476

    4 in this area

    126 Total Sales

    Cathleen Black
    Section Image

  • B

    Buyer's Agent in 2012

    Betty Radford

    Crye-Leike, Inc., REALTORS

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3249723

Memphis Area Association of REALTORS®

APN: 02-0040-0-0027

Tennessee Shelby County Memphis 38112 Midtown Memphis

1542 Forrest Ave, Memphis, TN

This home is located at 1542 Forrest Ave, Memphis, TN 38112 since 15 June 2012 and is currently estimated at $354,808, approximately $149 per square foot. This property was built in 1912. 1542 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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