NOT LISTED FOR SALE

2410 Forrest Ave Memphis, TN 38112

Binghampton Neighborhood

Estimated Value: $123,000 - $158,832

1 Bed
1 Bath
1,260 Sq Ft
$113/Sq Ft Est. Value

Last Sold July 07, 2023

Last sale price $128,000 $102 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $814/month

38 Days on Market

Highlights

  • Traditional Architecture
  • Great Room
  • Central Heating and Cooling System
  • Wood Flooring
  • Brick Veneer
  • Level Lot

About This Home

As of July 2023

Duplex being sold with a package of two other duplexes on the street! Duplex occupied and being professionally managed. Current tenant pays $625 and $525. One tenant in month to month and the other locked into a lease through 2024. Please do not disturb tenants. Viewing upon accepted offer! Please contact listing agent.

Last Agent to Sell the Property

Andrew Akins

CB Properties of Memphis, LLC License #350853 Listed on: 04/24/2023

Last Buyer's Agent

Andrew Akins

CB Properties of Memphis, LLC License #350853 Listed on: 04/24/2023

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1936

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x125
  • Level Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Veneer

Interior Spaces

  • 1,260 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Wood Flooring

Utilities

  • Central Heating and Cooling System

Community Details

  • Misses Hanson Subdivision

Listing and Financial Details

  • 12 Month Lease Term
  • Assessor Parcel Number 033001 00026

Property Details

Home Type

Multi-Family

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • MAAR Subdivision Name: MISSES HANSON
  • Freestanding: Yes
  • List Price Per Sq Ft: 99
  • Number Of Stories: 1
  • Estimated Sq Ft: 1260
  • Year Built: 1936
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Part Hardwood

Exterior Features

  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Cooling: Central Cooling
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 28
  • Acreage: 0.14
  • Lot Size: 50X125

Rental Info

  • Type Of Leases: 6 Month, Year

Tax Info

  • Assessor Parcel Number: 033001 00026

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2023
Closed on
Jul 6, 2023
Sold by
2410 Forrest Memphis Tn Llc
Bought by
Lucchesi Samuel and Lucchesi Alex
Seller's Agent
Andrew Akins
CB Properties of Memphis, LLC
Buyer's Agent
Andrew Akins
CB Properties of Memphis, LLC
List Price
$125,000
Sold Price
$128,000
Premium/Discount to List
$3,000
2.4%
Views
1
Current Estimated Value
$142,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,458
Avg. Annual Appreciation
4.46%
Original Mortgage
$96,000
Outstanding Balance
$93,676
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$48,782

Purchase Details

Closed on
May 6, 2020
Sold by
Nguyen Hoa
Bought by
2410 Forrest Memphis Tn Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 2007
Sold by
Nguyen Nguyen T
Bought by
Nguyen Hoa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.16%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Lucchesi Samuel $128,000 Home Surety Title & Escrow
2410 Forrest Memphis Tn Llc $62,000 Memphis Title Company
Nguyen Hoa $45,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lucchesi Samuel $96,000
Previous Owner 2410 Forrest Memphis Tn Llc $94,000
Previous Owner Nguyen Hoa $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2023 07/07/23 Sold $128,000 +2.4% $102 / Sq Ft
06/01/2023 06/01/23 Pending -- -- --
04/24/2023 04/24/23 For Sale $125,000 -- $99 / 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 $774 $55,280 $13,240 $42,040
2024 $774 $22,840 $8,360 $14,480
2023 $1,391 $22,840 $8,360 $14,480
2022 $1,391 $22,840 $8,360 $14,480
2021 $788 $22,840 $8,360 $14,480
2020 $1,252 $17,280 $8,360 $8,920
2019 $552 $17,280 $8,360 $8,920
2018 $552 $17,280 $8,360 $8,920
2017 $565 $17,280 $8,360 $8,920
2016 $898 $20,560 $0 $0
2014 $898 $20,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Andrew Akins

    Seller's Agent in 2023

    Andrew Akins

    CB Properties of Memphis, LLC

    (901) 277-6567

    7 in this area

    333 Total Sales

    Andrew Akins
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10151255

Memphis Area Association of REALTORS®

APN: 03-3001-0-0026

Tennessee Shelby County Memphis 38112 Binghampton

2410 Forrest Ave, Memphis, TN

Not Listed for Sale

MultiFamily

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