NOT LISTED FOR SALE

1640 Forrest Ave Memphis, TN 38112

Midtown Memphis Neighborhood

Estimated Value: $421,000 - $661,000

2 Beds
1 Bath
1,800-1,999 Sq Ft
$255/Sq Ft Est. Value

Last Sold May 28, 2015

Last sale price $242,000 $121 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $3,142/month

8 Days on Market

Highlights

  • Golf Course Community
  • Updated Kitchen
  • Wood Flooring
  • The property is located in a historic district
  • Bonus Room with Fireplace
  • Separate Formal Living Room

About This Home

As of May 2015

Unique opportunity on one of Midtown's most photographed homes! (Memphis Arch. Guide, TN Lottery Commercial, Cover of "Midtown Is Memphis" brochure) 2nd floor of this beautiful home remains unfinished. Purchase at starter home pricing & enjoy -or- finish out the 2nd floor & end up w/an iconic home with 3 or 4 BR (Mstr dwn) 2.5 BA+ Den for somewhere in the lower 300's! Heart of pine floors, 12 ft. ceilings, natural trim, 2 frplcs. re-done eat-in kitchen. Fab.updated period style bath. Beautiful!

Last Agent to Sell the Property

Allen Hamblin

Hobson, REALTORS License #245235 Listed on: 04/23/2015

Last Buyer's Agent

Rita Burgess

Crye-Leike, Inc., REALTORS License #283417

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,647

Year Built

  • Built in 1907

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 65.5x168.75
  • Wood Fence
  • Landscaped
  • Level Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Composition Shingle Roof

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 2,140 Sq Ft Home
  • 1-Story Property
  • Built-in Bookshelves
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Fireplace Features Masonry
  • Some Wood Windows
  • Window Treatments
  • Entrance Foyer
  • Separate Formal Living Room
  • Dining Room
  • Bonus Room with Fireplace
  • 2 Fireplaces
  • Unfinished Basement
  • Partial Basement

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Possible Extra Bedroom
  • Remodeled Bathroom
  • 1 Full Bathroom
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

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

Outdoor Features

  • Patio
  • Outdoor Storage
  • Porch

Location

  • The property is located in a historic district

Utilities

  • Window Unit Cooling System
  • Radiator
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 020053 00008

Community Details

Overview

  • Lamb&Faxons Evergreen & Woodland Subdivision
  • Mandatory Home Owners Association

Recreation

  • Golf Course Community
  • Recreation Facilities

Security

  • Building Fire Alarm

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,647

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • Cross Street: Dickinson
  • MLS Map #: 744H
  • MAAR Subdivision Name: EVERGREEN
  • Historic District: Evergreen HC District
  • List Price Per Sq Ft: 107
  • Number Of Stories: 1
  • Price Per Sq Ft: 113.08
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2140
  • Termite Contract: Yes
  • Year Built: 1907
  • 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, Laundry Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Renovated Bathroom, Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedroom 2 Description: Level 1, Built-In Cabinets/Bkcases, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Fireplace: Masonry, In Other Room
  • Floors/Ceilings: Hardwood Throughout, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Self Cleaning Oven, Cooktop, Gas Cooking, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Updated/Renovated Kitchen, Eat-In Kitchen, Pantry, Island In Kitchen
  • Misc Interior: All Window Treatments, Security System, Smoke Detector(s), Monitored Alarm
  • Number Of Fireplaces: 2
  • Other Rooms: Laundry Room, Internal Expansion Area, Unfinished Basement, Entry Hall
  • Total Bathrooms: 1
  • Primary Bathroom Description: Separate Shower, Smooth Ceiling, Tile Floor
  • 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, Storage Building, Porch, Patio, Nbrhd Recreation Facility, Historic District, Wood Fence
  • Exterior Windows: Wood/Composition, Wood Window(s)
  • Foundation: Partial Basement
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Window Unit(s)
  • Heating: Radiator
  • Security: Burglar Alarm, Fire Alarm, Monitored Alarm System, Smoke Detector(s)
  • Water Sewer: Gas Water Heater

Association/Amenities

  • Neighborhood Amenities: Golf Course
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Level, Landscaped, Wood Fenced
  • Lot Number: C and 11
  • Acreage: 0.25
  • Lot Size: 65.5X168.75
  • Price Per Acre: 920000

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 020053 00008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2020
Sold by
Ragsdale Steven Brett and Ragsdale Naomi Burgess
Bought by
Henslee Louise C and Bell Roy B
Current Estimated Value
$509,520

Purchase Details

Listed on
Apr 23, 2015
Closed on
May 28, 2015
Sold by
Hillard Richard I
Bought by
Ragsdale Steven Brett and Ragsdale Naomi Burgess
Seller's Agent
Allen Hamblin
Hobson, REALTORS
Buyer's Agent
Rita Burgess
Crye-Leike, Inc., REALTORS
List Price
$230,000
Sold Price
$242,000
Premium/Discount to List
$12,000
5.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.48%
Original Mortgage
$229,900
Interest Rate
3.79%
Mortgage Type
New Conventional
Source: Public Records

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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
Henslee Louise C $435,000 Mid South Title Services Llc
Ragsdale Steven Brett $242,000 Mid South Title Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ragsdale Steven Brett $280,000
Previous Owner Ragsdale Steven Brett $229,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2015 05/28/15 Sold $242,000 +5.2% $134 / Sq Ft
05/01/2015 05/01/15 Pending -- -- --
04/23/2015 04/23/15 For Sale $230,000 -- $128 / 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 $3,647 $131,300 $20,950 $110,350
2024 $3,647 $107,575 $14,300 $93,275
2023 $6,553 $107,575 $14,300 $93,275
2022 $6,553 $107,575 $14,300 $93,275
2021 $6,630 $107,575 $14,300 $93,275
2020 $2,135 $66,800 $14,300 $52,500
2019 $2,135 $66,800 $14,300 $52,500
2018 $2,135 $66,800 $14,300 $52,500
2017 $2,185 $66,800 $14,300 $52,500
2016 $2,169 $49,625 $0 $0
2014 $2,169 $49,625 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Allen Hamblin

    Seller's Agent in 2015

    Allen Hamblin

    Hobson, REALTORS

    (901) 761-1622

    Section Image

  • R

    Buyer's Agent in 2015

    Rita Burgess

    Crye-Leike, Inc., REALTORS

    (901) 756-8900

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9950387

Memphis Area Association of REALTORS®

APN: 02-0053-0-0008

Tennessee Shelby County Memphis 38112 Midtown Memphis

1640 Forrest Ave, Memphis, TN

This home is located at 1640 Forrest Ave, Memphis, TN 38112 since 23 April 2015 and is currently estimated at $509,520, approximately $254 per square foot. This property was built in 1907. 1640 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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