NOT LISTED FOR SALE

1581 Forrest Ave Memphis, TN 38112

Midtown Memphis Neighborhood

Estimated Value: $298,000 - $339,000

3 Beds
2 Baths
1,800-1,999 Sq Ft
$158/Sq Ft Est. Value

Last Sold June 29, 2016

Last sale price $250,000 $125 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,923/month

28 Days on Market

Highlights

  • Two Primary Bedrooms
  • Landscaped Professionally
  • Traditional Architecture
  • Updated Kitchen
  • Deck
  • Wood Flooring

About This Home

As of June 2016

Sweet, functional, move-in ready home. All large rooms. Gorgeous hardwoods downstairs. Updated kitchen and baths. Master can be up or down! Master up has full, updated bath. Two bedrooms plus bath down. Delightful front porch. Large, flat grassy rear yard yard with charming raised deck and brick patio. Plus a storage shed! And a full basement too. Walking distance to the zoo and park. This home exudes the love the sellers have lavished on it; but their family has grown and so time to move.

Last Agent to Sell the Property

David Tester

Marx-Bensdorf, REALTORS License #272903 Listed on: 05/18/2016

Last Buyer's Agent

Melody Bourell

Marx-Bensdorf, REALTORS License #290370

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,399

Year Built

  • Built in 1920

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 50x166.75
  • Wrought Iron Fence
  • Wood Fence
  • Landscaped Professionally
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Bungalow
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 1,839 Sq Ft Home
  • 1.5-Story Property
  • Ceiling height of 9 feet or more
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Some Wood Windows
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Attic Access Panel

Kitchen

  • Updated Kitchen
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary bedroom located on second floor
  • Primary Bedroom Upstairs
  • Double Master Bedroom
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Burglar Security System
  • Termite Clearance
  • Iron Doors

Parking

  • 1 Car Attached Garage
  • Carport
  • Driveway

Outdoor Features

  • Deck
  • Patio
  • Outdoor Storage
  • Porch

Utilities

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

Community Details

  • Woodland Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 020041 00012

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,399

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional, Bungalow
  • Detached Unit Type: General Residential
  • Cross Street: Avalon
  • MLS Map #: 744H
  • MAAR Subdivision Name: EVERGREEN
  • Historic District: Evergreen HC District
  • List Price Per Sq Ft: 128
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 135.94
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1839
  • Termite Contract: Yes
  • 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, 3rd Bedroom, 1 Bath
  • Second Story Floor Plan: Primary Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Primary Up, Two Primaries, Renovated Bathroom, Luxury Primary Bath, Full Bath Down
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedroom 2 Description: Level 1, Carpet
  • Bedroom 3 Description: Level 1, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 2
  • Fireplace: Masonry, In Living Room, Gas Logs
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Self Cleaning Oven, Disposal, Dishwasher, Microwave, Washer, Dryer, Cable Wired
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Updated/Renovated Kitchen, Separate Breakfast Room
  • Misc Interior: Attic Access, Walk-In Attic, Security System
  • Number Of Fireplaces: 1
  • Other Rooms: Unfinished Basement, Attic
  • Total Bathrooms: 2
  • Primary Bathroom Description: Separate Shower, Tile Floor
  • P R I M A R Y B E D R O O M: Level 2, Full Bath, Carpet

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Storage Building, Porch, Patio, Deck, Wood Fence, Storage, Iron Fence
  • Exterior Windows: Brick Veneer, Wood/Composition, Wood Window(s)
  • Foundation: Conventional, Full Basement
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1A
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central, 220 Wiring
  • Heating: Central, Gas
  • Security: Burglar Alarm
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Level, Professionally Landscaped, Wood Fenced
  • Lot Number: 5
  • Acreage: 0.19
  • Lot Size: 50X166.75
  • Price Per Acre: 1234211

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 020041 00012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2016
Closed on
Jun 29, 2016
Sold by
Caldwell John D and Caldwell Caroline C
Bought by
Lancaster Jonathan D
Seller's Agent
David Tester
Marx-Bensdorf, REALTORS
Buyer's Agent
Melody Bourell
Marx-Bensdorf, REALTORS
List Price
$234,500
Sold Price
$250,000
Premium/Discount to List
$15,500
6.61%
Current Estimated Value
$316,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,077
Avg. Annual Appreciation
2.87%
Original Mortgage
$225,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2011
Sold by
Malone Danny Lee and Tunnell Nora Jean
Bought by
Caldwell John D and Caldwell Caroline C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
4.57%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Lancaster Jonathan D $250,000 None Available
Caldwell John D $122,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lancaster Jonathan D $214,000
Closed Lancaster Jonathan D $225,000
Previous Owner Caldwell John D $35,000
Previous Owner Caldwell John D $127,000
Previous Owner Caldwell John D $25,000
Previous Owner Caldwell John D $103,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2016 06/29/16 Sold $250,000 +6.6% $139 / Sq Ft
06/15/2016 06/15/16 Pending -- -- --
05/18/2016 05/18/16 For Sale $234,500 -- $130 / 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 $2,399 $81,775 $16,725 $65,050
2024 $2,399 $70,775 $11,425 $59,350
2023 $4,311 $70,775 $11,425 $59,350
2022 $4,311 $70,775 $11,425 $59,350
2021 $4,362 $70,775 $11,425 $59,350
2020 $3,808 $52,550 $11,425 $41,125
2019 $3,808 $52,550 $11,425 $41,125
2018 $3,808 $52,550 $11,425 $41,125
2017 $2,160 $52,550 $11,425 $41,125
2016 $1,739 $39,800 $0 $0
2014 $1,739 $39,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Tester

    Seller's Agent in 2016

    David Tester

    Marx-Bensdorf, REALTORS

    (901) 351-3439

    3 in this area

    149 Total Sales

    Section Image
  • Melody Bourell

    Buyer's Agent in 2016

    Melody Bourell

    Marx-Bensdorf, REALTORS

    (901) 461-4016

    17 in this area

    261 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9977388

Memphis Area Association of REALTORS®

APN: 02-0041-0-0012

Tennessee Shelby County Memphis 38112 Midtown Memphis

1581 Forrest Ave, Memphis, TN

This home is located at 1581 Forrest Ave, Memphis, TN 38112 since 18 May 2016 and is currently estimated at $314,903, approximately $157 per square foot. This property was built in 1920. 1581 Forrest Ave is a home located in Shelby County with nearby schools including Snowden School, Central High School, and Crosstown High School.

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