NOT LISTED FOR SALE

1557 Forest Ave Memphis, TN 38112

Midtown Memphis Neighborhood

Estimated Value: $225,000 - $263,000

2 Beds
1 Bath
1,400-1,599 Sq Ft
$148/Sq Ft Est. Value

Sale Details

Date Sold: October 31, 2025

Last sale price $230,000 $144 Per Sq Ft

Current estimated payment $1,378 / mo

127 Days on Market

Highlights

  • Updated Kitchen
  • Attic
  • Some Wood Windows
  • Wood Flooring
  • Home Office
  • Porch

About This Home

As of October 2025

NEW 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

Greg Renfrow

NextHome Cornerstone Realty License #284917 Listed on: 05/12/2025

NextHome Cornerstone Realty

Last Buyer's Agent

Ashley Bonds

Marx-Bensdorf, REALTORS License #307394

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

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Bungalow
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: EVERGREEN
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1494
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 1 Bath, Office
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1, Hardwood Floor
  • Bedroom 3 Description: Level 1, Hardwood Floor
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Fireplace: In Living Room
  • Floors/Ceilings: Part Hardwood, Tile, Smooth Ceiling
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher, Microwave, Cable Wired, Cable Available
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Updated/Renovated Kitchen, Washer/Dryer Connections
  • Misc Interior: Permanent Attic Stairs, Security System, Monitored Alarm
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Office/Sewing Room, Unfinished Basement, Attic
  • P R I M A R Y B E D R O O M: Level 1, Hardwood Floor

Exterior Features

  • Misc Exterior: Storage Building, Porch, Patio, Sidewalks
  • Exterior Windows: Brick Veneer, Wood/Composition, Double Pane Window(s), Storm Door(s)
  • Foundation: Partial Basement
  • Roof: Composition Shingles

Garage/Parking

  • Parking Display: N0
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central, Gas
  • Security: Burglar Alarm, Monitored Alarm System, Iron Door(s), Dead Bolt Lock(s)
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Landscaped, Wood Fenced
  • Lot Number: 76
  • Acreage: 0.16
  • Lot Size: 50X145
  • Geo Subdivision: TN

Tax Info

  • 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
$228,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,053
Avg. Annual Appreciation
6.44%
Original Mortgage
$145,000
Outstanding Balance
$144,864
Interest Rate
6.3%
Mortgage Type
Credit Line Revolving
Estimated Equity
$92,275

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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Palmer Barbara $230,000 Memphis Title Company
Day Mary C -- None Available
Day Mary C $105,500 --
Day Mary C $105,500 --
Hamner Mary M $71,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmer Barbara $145,000
Previous Owner Day Mary C $102,000
Previous Owner Day Mary C $84,400
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

    Seller's Agent in 2025

    Greg Renfrow

    NextHome Cornerstone Realty

    (901) 560-6398

    2 in this area

    78 Total Sales

    Greg Renfrow
    Section Image
  • Ashley Bonds

    Buyer's Agent in 2025

    Ashley Bonds

    Marx-Bensdorf, REALTORS

    (901) 485-2179

    4 in this area

    68 Total Sales

    Ashley Bonds
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10196485

Memphis Area Association of REALTORS®

APN: 02-0041-0-0007

Tennessee Shelby County Memphis 38112 Midtown Memphis

1557 Forest Ave, Memphis, TN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Memphis Area Association of REALTORS® Listing content and images Copyright 2026 Memphis Area Association of REALTORS®. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it.
Some or all of the listings displayed may not belong to the firm whose website is being visited.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.