NOT LISTED FOR SALE

1663 Forrest Ave Memphis, TN 38112

Midtown Memphis Neighborhood

Estimated Value: $331,000 - $382,000

3 Beds
2 Baths
1,800-1,999 Sq Ft
$178/Sq Ft Est. Value

Last Sold July 25, 2012

Last sale price $183,900 $92 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $2,074/month

37 Days on Market

Highlights

  • Detached Guest House
  • The property is located in a historic district
  • Attic
  • Second Kitchen
  • Wood Flooring
  • Bonus Room with Fireplace

About This Home

As of July 2012

Lrg craftsman bungalow w/beautiful HW flrs & orig. woodwk. Sep. DR & LR w/FP. Upstairs playrm or 4th BR w/full bath. 2 rm. guest house w/full bath, range & sink. Garage & sep. carport + tons of parking. Jewel in the not so rough....MOTIVATED SELLER!!

Last Agent to Sell the Property

Jo Ellen Bland

Adaro Realty, Inc. License #268972 Listed on: 05/09/2012

Adaro Realty, Inc.

Last Buyer's Agent

Loyd Templeton

Ware Jones, REALTORS License #250603

Ware Jones, REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 80x166.75
  • Wood Fence
  • Brick Fence
  • Landscaped
  • Corner Lot

Home Design

  • Bungalow
  • Brick Veneer
  • Composition Shingle Roof
  • Stone Exterior Construction
  • Pier And Beam

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 1,992 Sq Ft Home
  • 1-Story Property
  • Popcorn or blown ceiling
  • Ceiling height of 9 feet or more
  • Decorative Fireplace
  • Some Wood Windows
  • Window Treatments
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Bonus Room with Fireplace
  • Play Room
  • Storage Room
  • Unfinished Basement
  • Partial Basement
  • Permanent Attic Stairs

Kitchen

  • Second Kitchen
  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Partially Carpeted
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Termite Clearance
  • Iron Doors

Parking

  • 5 Car Detached Garage
  • Carport
  • Side Facing Garage
  • Driveway

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Gas
  • 220 Volts

Additional Features

  • Outdoor Storage
  • Detached Guest House
  • The property is located in a historic district

Community Details

  • Lamb&Faxons Evergreen Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 020055 00001

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Bungalow
  • Detached Unit Type: General Residential
  • Cross Street: DICKINSON
  • MAAR Subdivision Name: EVERGREEN
  • Historic District: Evergreen HC District
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1992
  • Termite Contract: Yes
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath, Breakfast Room
  • Second Story Floor Plan: 1 Bath, Play Room/Rec Room, Bonus Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedroom 2 Description: Level 1, Carpet
  • Bedroom 3 Description: Level 1, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Presently Inoperative, Decorative Only, In Living Room, In Other Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Vinyl Floor, Sprayed Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Dishwasher, Refrigerator, Washer, Dryer
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Breakfast Room, Pantry
  • Misc Interior: All Window Treatments, Permanent Attic Stairs, Walk-In Attic, Cat/Dog Free House
  • Number Of Fireplaces: 1
  • Other Rooms: Play Room, Bonus Room, Separate Guest House, 2nd Kitchen, Unfinished Basement
  • P R I M A R Y B E D R O O M: Level 1, Hardwood Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Storage Building, Historic District
  • Exterior Windows: Brick Veneer, Stone, Wood Window(s), Storm Window(s)
  • Foundation: Conventional, Partial Basement
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 5
  • Parking Display: C5D
  • Parking Storage: Driveway/Pad, Storage Room(s), Side-Load Garage

Utilities

  • Cooling: Window Unit(s), 220 Wiring
  • Heating: Gas, Radiator
  • Water Sewer: Public Water, Public Sewer

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Corner, Landscaped, Wood Fenced, Brick/Stone Fenced
  • Lot Number: 14
  • Acreage: 0.3
  • Lot Size: 80X166.75

Tax Info

  • Assessor Parcel Number: 020055 00001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2012
Closed on
Jul 24, 2012
Sold by
Jennings Evelyn I
Bought by
Richey Jonathan D and Richey Ardis Nicole
Seller's Agent
Jo Ellen Bland
Adaro Realty, Inc.
Buyer's Agent
Loyd Templeton
Ware Jones, REALTORS
List Price
$190,000
Sold Price
$183,900
Premium/Discount to List
-$6,100
-3.21%
Current Estimated Value
$356,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,355
Avg. Annual Appreciation
5.04%
Original Mortgage
$174,705
Outstanding Balance
$120,653
Interest Rate
3.68%
Mortgage Type
New Conventional
Estimated Equity
$235,602
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Richey Jonathan D $183,900 Title & Escrow Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richey Jonathan D $174,705
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2012 07/25/12 Sold $183,900 -3.2% $102 / Sq Ft
06/15/2012 06/15/12 Pending -- -- --
05/09/2012 05/09/12 For Sale $190,000 -- $106 / 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 $2,530 $93,725 $24,250 $69,475
2024 $2,530 $74,625 $16,575 $58,050
2023 $4,546 $74,625 $16,575 $58,050
2022 $4,546 $74,625 $16,575 $58,050
2021 $2,575 $74,625 $16,575 $58,050
2020 $4,243 $58,550 $16,575 $41,975
2019 $4,243 $58,550 $16,575 $41,975
2018 $4,243 $58,550 $16,575 $41,975
2017 $2,406 $58,550 $16,575 $41,975
2016 $2,370 $54,225 $0 $0
2014 $2,370 $54,225 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Jo Ellen Bland

    Adaro Realty, Inc.

    Section Image
  • Loyd Templeton

    Buyer's Agent in 2012

    Loyd Templeton

    Ware Jones, REALTORS

    (901) 336-1963

    1 in this area

    63 Total Sales

    Loyd Templeton
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3247073

Memphis Area Association of REALTORS®

APN: 02-0055-0-0001

Tennessee Shelby County Memphis 38112 Midtown Memphis

1663 Forrest Ave, Memphis, TN

Not Listed for Sale

Detached

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