Seller's Agent in 2025
Greg Renfrow
NextHome Cornerstone Realty
(901) 560-6398
2 in this area
76 Total Sales
1557 Forest Ave Memphis, TN 38112
Midtown Memphis Neighborhood
2
Beds
1
Bath
1,400-1,599
Sq Ft
6,970
Sq Ft Lot
Highlights
- Updated Kitchen
- Attic
- Some Wood Windows
- Wood Flooring
- Home Office
- Porch
About This Home
As of October 2025NEW PRICE. This delightful 2-bedroom home with office or 3rd bedroom blends classic character with thoughtful updates. Step inside to a spacious living room featuring a charming fireplace, perfect for relaxing evenings. The formal dining room boasts beautiful built-ins, adding both style and functionality. You'll love the spacious, updated kitchen—ideal for cooking and entertaining. Enjoy mornings on the inviting front porch and unwind on the private patio out back. A storage building offers extra space, and the basement includes laundry and additional room for storage. Located in the heart of Midtown near the Zoo and Crosstown, this home is full of warmth, personality, and timeless appeal.
Last Agent to Sell the Property
NextHome Cornerstone Realty License #284917 Listed on: 05/12/2025
Home Details
Home Type
- Single Family
Year Built
- Built in 1920
Lot Details
- 6,970 Sq Ft Lot
- Lot Dimensions are 50x145
- Wood Fence
- Landscaped
- Few Trees
Parking
- Driveway
Home Design
- Bungalow
- Brick Veneer
- Composition Shingle Roof
Interior Spaces
- 1,400-1,599 Sq Ft Home
- 1,494 Sq Ft Home
- 1-Story Property
- Smooth Ceilings
- Ceiling Fan
- Some Wood Windows
- Double Pane Windows
- Living Room with Fireplace
- Dining Room
- Home Office
- Unfinished Basement
- Partial Basement
- Permanent Attic Stairs
Kitchen
- Updated Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Laundry
- Laundry Room
- Washer and Dryer Hookup
Home Security
- Monitored
- Storm Doors
- Iron Doors
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 Addn Subdivision
Listing and Financial Details
- Assessor Parcel Number 020041 00007
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 12, 2025
Closed on
Oct 19, 2025
Sold by
Day Mary C and Oguin Crystal D
Bought by
Palmer Barbara
Seller's Agent
Greg Renfrow
NextHome Cornerstone Realty
Buyer's Agent
Ashley Bonds
Marx-Bensdorf, REALTORS
List Price
$244,900
Sold Price
$230,000
Premium/Discount to List
-$14,900
-6.08%
Views
53
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$744
Avg. Annual Appreciation
-1.04%
Original Mortgage
$145,000
Outstanding Balance
$144,864
Interest Rate
6.3%
Mortgage Type
Credit Line Revolving
Estimated Equity
$84,392
Purchase Details
Closed on
Nov 8, 2012
Sold by
Day Mary C
Bought by
Day Mary C and Oguin Crystal D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
3.38%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 31, 2001
Sold by
Hamner Mary M
Bought by
Day Mary C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,400
Interest Rate
7.02%
Purchase Details
Closed on
Sep 30, 1994
Bought by
Hamner Mary M
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $230,000 | Memphis Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $105,500 | -- | |
| Warranty Deed | $105,500 | -- | |
| Deed | $71,700 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $145,000 | Credit Line Revolving | |
| Previous Owner | $102,000 | New Conventional | |
| Previous Owner | $84,400 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/31/2025 10/31/25 | Sold | $230,000 | -6.1% | $164 / Sq Ft |
| 09/16/2025 09/16/25 | Pending | -- | -- | -- |
| 09/08/2025 09/08/25 | For Sale | $244,900 | 0.0% | $175 / Sq Ft |
| 08/22/2025 08/22/25 | Pending | -- | -- | -- |
| 07/28/2025 07/28/25 | Price Changed | $244,900 | -2.0% | $175 / Sq Ft |
| 05/12/2025 05/12/25 | For Sale | $249,900 | -- | $179 / Sq Ft |
Source: Memphis Area Association of REALTORS®
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 | $1,877 | $55,125 | $15,075 | $40,050 |
| 2024 | $1,877 | $55,375 | $10,300 | $45,075 |
| 2023 | $3,373 | $55,375 | $10,300 | $45,075 |
| 2022 | $3,373 | $55,375 | $10,300 | $45,075 |
| 2021 | $3,413 | $55,375 | $10,300 | $45,075 |
| 2020 | $2,739 | $37,800 | $10,300 | $27,500 |
| 2019 | $2,739 | $37,800 | $10,300 | $27,500 |
| 2018 | $2,739 | $37,800 | $10,300 | $27,500 |
| 2017 | $1,554 | $37,800 | $10,300 | $27,500 |
| 2016 | $1,540 | $35,250 | $0 | $0 |
| 2014 | $1,540 | $35,250 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Greg Renfrow
-
Ashley Bonds
Buyer's Agent in 2025
Ashley Bonds
Marx-Bensdorf, REALTORS
(901) 485-2179
4 in this area
69 Total Sales
Map
Source: Memphis Area Association of REALTORS®
MLS Number: 10196485
APN: 02-0041-0-0007
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