NOT LISTED FOR SALE

1566 Forrest Ave Memphis, TN 38112

Midtown Memphis Neighborhood

Estimated Value: $305,902 - $374,000

4 Beds
2.5 Baths
1,800-1,999 Sq Ft
$164/Sq Ft Est. Value

Last Sold August 10, 2012

Last sale price $178,500 $89 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $1,880/month

40 Days on Market

Highlights

  • The property is located in a historic district
  • Deck
  • Whirlpool Bathtub
  • Updated Kitchen
  • Wood Flooring
  • Porch

About This Home

As of August 2012

Renovated Bungalow in Evergreen. Best buy in a 4 BR- 2 1/2 BA. New Kitchen, HVAC, updated Baths, Elec, Plumbing. Stainless Steel Appliances. Granite Tops, Heart of Pine & Oak Floors. Works as 4 BR or 3 BR W/Master Suite up. Snowden School District.

Last Agent to Sell the Property

Bruce Johnson

mlsAssist License #55460 Listed on: 06/28/2012

Last Buyer's Agent

Becca Dickerson

Sowell, Realtors License #221108

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50x160.68
  • Chain Link Fence
  • Level Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Bungalow
  • Slab Foundation
  • Composition Shingle Roof
  • Vinyl Siding
  • Stucco Exterior

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 1,850 Sq Ft Home
  • 1.5-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Double Pane Windows
  • Window Treatments
  • Aluminum Window Frames
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Unfinished Basement
  • Partial Basement
  • Fire and Smoke Detector

Kitchen

  • Updated Kitchen
  • Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Remodeled Bathroom
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Deck
  • Porch

Location

  • The property is located in a historic district

Utilities

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

Community Details

  • Stonewall Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 020040 00022

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Bungalow
  • Detached Unit Type: General Residential
  • Cross Street: AVALON
  • MAAR Subdivision Name: EVERGREEN
  • Historic District: Evergreen HC District
  • Number Of Stories: 1.5
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1850
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, 2nd Bedroom, 4th of More Bedrooms, 1 1/2 Bath, Laundry Room
  • Second Story Floor Plan: Primary Bedroom, 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Renovated Bathroom, Whirlpool(s), Full Bath Down
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedroom 2 Description: Level 1, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 2, Walk-In Closet, Smooth Ceiling, Hardwood Floor
  • Bedroom 4 Description: Level 1, Smooth Ceiling, Carpet
  • Bedrooms: 4
  • Bedrooms Down: 2
  • Fireplace: Masonry, In Living Room, Gas Logs
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Self Cleaning Oven, Gas Cooking, Disposal, Dishwasher, Microwave
  • Living Dining Kitchen: LR/DR Combination, Updated/Renovated Kitchen, Island In Kitchen, Washer/Dryer Connections
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Unfinished Basement
  • Primary Bathroom Description: Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 2, Walk-In Closet, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Porch, Deck, Historic District
  • Exterior Windows: Vinyl Siding, Stucco, Aluminum Window(s), Double Pane Window(s)
  • Foundation: Slab, Partial Basement
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Water Sewer: Electric Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level, Chain Fenced
  • Lot Number: 63
  • Acreage: 0.18
  • Lot Size: 50X160.68

Tax Info

  • Assessor Parcel Number: 020040 00022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2012
Closed on
Aug 10, 2012
Sold by
Denton William
Bought by
Johnson Michael G and Johnson Rebecca M
Seller's Agent
Bruce Johnson
mlsAssist
Buyer's Agent
Becca Dickerson
Sowell, Realtors
List Price
$184,500
Sold Price
$178,500
Premium/Discount to List
-$6,000
-3.25%
Current Estimated Value
$328,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,226
Avg. Annual Appreciation
4.69%
Original Mortgage
$175,266
Outstanding Balance
$118,992
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$209,734

Purchase Details

Closed on
Dec 29, 2011
Sold by
Taylor Bean & Whitaker Mortgage Corp
Bought by
Denton William

Purchase Details

Closed on
Nov 3, 2011
Sold by
Richardson Erin D
Bought by
Taylor Bean & Whitaker Mortgage Corp

Purchase Details

Closed on
Jul 8, 2008
Sold by
Williams Bryan
Bought by
Richardson Erin D

Purchase Details

Closed on
Apr 24, 2008
Sold by
Cnn Properties Llc
Bought by
Williams Bryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,230
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Johnson Michael G $178,500 Executive Title & Closing In
Denton William $76,500 None Available
Taylor Bean & Whitaker Mortgage Corp $270,034 None Available
Richardson Erin D -- None Available
Williams Bryan $59,000 Preferred Title & Escrow Llc
Ccn Properties Llc $45,000 Preferred Title & Escrow Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Michael G $175,266
Previous Owner Williams Bryan $57,230
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2012 08/10/12 Sold $178,500 -3.3% $99 / Sq Ft
08/07/2012 08/07/12 Pending -- -- --
06/28/2012 06/28/12 For Sale $184,500 -- $103 / 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 $1,832 $82,700 $16,275 $66,425
2024 $1,832 $54,050 $11,125 $42,925
2023 $3,293 $54,050 $11,125 $42,925
2022 $3,293 $54,050 $11,125 $42,925
2021 $3,331 $54,050 $11,125 $42,925
2020 $2,801 $38,650 $11,125 $27,525
2019 $2,801 $38,650 $11,125 $27,525
2018 $2,801 $38,650 $11,125 $27,525
2017 $1,589 $38,650 $11,125 $27,525
2016 $1,928 $44,125 $0 $0
2014 $1,928 $44,125 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2012

    Bruce Johnson

    mlsAssist

    (901) 266-6000

    1 in this area

    165 Total Sales

    Bruce Johnson
    Section Image

  • B

    Buyer's Agent in 2012

    Becca Dickerson

    Sowell, Realtors

    (901) 237-7729

    3 in this area

    41 Total Sales

    Becca Dickerson
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3251014

Memphis Area Association of REALTORS®

APN: 02-0040-0-0022

Tennessee Shelby County Memphis 38112 Midtown Memphis

1566 Forrest Ave, Memphis, TN

Not Listed for Sale

Detached

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