NOT LISTED FOR SALE

2420 Forrest Ave Memphis, TN 38112

Binghampton Neighborhood

Estimated Value: $119,000 - $179,498

1 Bed
1 Bath
1,518 Sq Ft
$100/Sq Ft Est. Value

Sale Details

Date Sold: September 1, 2017

Last sale price $39,000 $26 Per Sq Ft

Est. 289% increase in value since last sale

Current estimated payment $953 / mo

9 Days on Market

Highlights

  • Traditional Architecture
  • Brick Veneer
  • Level Lot
  • 2 Car Detached Garage
  • Combination Dining and Living Room
  • 1-Story Property

About This Home

As of September 2017

Great duplex. 1 bedroom/1 bath each side. Good condition. Both sides rented at 400.00 a month...

Last Agent to Sell the Property

Glenn Rice

The Carter Group LLC, REALTORS License #248786 Listed on: 08/02/2017

Last Buyer's Agent

Lauren Stuart

The Carter Group LLC, REALTORS License #327338

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x124.5
  • Level Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Veneer

Interior Spaces

  • 1,518 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room

Parking

  • 2 Car Detached Garage
  • Carport
  • Driveway

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window
  • Gas Water Heater

Community Details

  • Misses Hanson Subdivision

Listing and Financial Details

  • Assessor Parcel Number 033001 00024

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • MAAR Subdivision Name: MISSES HANSON
  • Freestanding: Yes
  • List Price Per Sq Ft: 26
  • Number Of Stories: 1
  • Estimated Sq Ft: 1518
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Exterior Features

  • Exterior Windows: Brick Veneer

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 2
  • Parking Display: C2D
  • Parking: Driveway/Pad

Utilities

  • Cooling: 1 Window Unit per Unit
  • Heating: Wall Heat
  • Hot Water: Gas

Lot Info

  • Lot Description: Level
  • Lot Number: 26
  • Acreage: 0.14
  • Lot Size: 50X124.5

Rental Info

  • Type Of Leases: Monthly

Tax Info

  • Assessor Parcel Number: 033001 00024

Multi Family

  • Perc Occ: 100

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2017
Closed on
Sep 1, 2017
Sold by
Bought by
Seller's Agent
Glenn Rice
The Carter Group LLC, REALTORS
Buyer's Agent
Lauren Stuart
The Carter Group LLC, REALTORS
List Price
$40,000
Sold Price
$39,000
Premium/Discount to List
-$1,000
-2.5%
Current Estimated Value
$151,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,875
Avg. Annual Appreciation
16.48%

Purchase Details

Closed on
Feb 24, 2005
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$39,000 Covenant Escrow Svcs Title C
$43,500 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/01/2017 09/01/17 Sold $39,000 -2.5% $26 / Sq Ft
08/11/2017 08/11/17 Pending -- -- --
08/02/2017 08/02/17 For Sale $40,000 -- $26 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,509 $56,080 $13,160 $42,920
2024 $875 $25,800 $8,280 $17,520
2023 $1,572 $25,800 $8,280 $17,520
2022 $1,572 $25,800 $8,280 $17,520
2021 $1,590 $25,800 $8,280 $17,520
2020 $1,461 $20,160 $8,280 $11,880
2019 $1,461 $20,160 $8,280 $11,880
2018 $1,461 $20,160 $8,280 $11,880
2017 $829 $20,160 $8,280 $11,880
2016 $1,070 $24,480 $0 $0
2014 $1,070 $24,480 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2017

    Glenn Rice

    The Carter Group LLC, REALTORS

    (901) 753-7222

    1 Total Sale

    Glenn Rice
    Section Image

  • L

    Buyer's Agent in 2017

    Lauren Stuart

    The Carter Group LLC, REALTORS

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10008343

Memphis Area Association of REALTORS®

APN: 03-3001-0-0024

Tennessee Shelby County Memphis 38112 Binghampton

2420 Forrest Ave, Memphis, TN

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