NOT LISTED FOR SALE

2430 Forrest Ave Memphis, TN 38112

Binghampton Neighborhood

Estimated Value: $140,000 - $166,000

1 Bed
2 Baths
1,492 Sq Ft
$103/Sq Ft Est. Value

Sale Details

Date Sold: December 9, 2022

Last sale price $135,000 $90 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $971 / mo

79 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Brick Veneer
  • Wood Flooring
  • Some Wood Windows
  • Level Lot

About This Home

As of December 2022

NEW ROOF! Owners did $30,000 in work to the place last year! All new DP windows! This area is REALLY TURNING AROUND the last few years! With new construction surrounding it on Broad, E Parkway, all across from the Overton Park area. This is an awesome, quiet street. 2430 is Occupied for $550/month since 8/31/21, though the rent is scheduled to increase to $700. The other side, 2432 just got rented for $850/month! No assignable/wholesaler offers

Last Agent to Sell the Property

Randall Weatherall

Memphis Metro Realty License #348070 Listed on: 09/14/2022

Last Buyer's Agent

Randall Weatherall

Memphis Metro Realty License #348070 Listed on: 09/14/2022

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

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

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Veneer
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,492 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Double Pane Windows
  • Separate Formal Living Room
  • Wood Flooring

Utilities

  • Heating System Uses Gas

Community Details

  • Misses Hanson Subdivision

Listing and Financial Details

  • Assessor Parcel Number 033001 00022

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
  • Second Address Number: 2432
  • MAAR Subdivision Name: MISSES HANSON
  • Freestanding: Yes
  • List Price Per Sq Ft: 107
  • Number Of Stories: 1
  • Estimated Sq Ft: 1492
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Hardwood Throughout

Exterior Features

  • Exterior Windows: Brick Veneer, Wood/Composition, Double Pane Window(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Heating: Gas

Lot Info

  • Lot Description: Level
  • Lot Number: 24
  • Acreage: 0.14
  • Lot Size: 50X124

Rental Info

  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 033001 00022

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
Sep 14, 2022
Closed on
Dec 9, 2022
Sold by
Bought by
Seller's Agent
Randall Weatherall
Memphis Metro Realty
Buyer's Agent
Randall Weatherall
Memphis Metro Realty
List Price
$189,900
Sold Price
$135,000
Premium/Discount to List
-$54,900
-28.91%
Current Estimated Value
$154,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,064
Avg. Annual Appreciation
3.69%

Purchase Details

Closed on
Jan 27, 2011
Sold by
Bought by

Purchase Details

Closed on
Jul 21, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,800
Interest Rate
5.59%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 20, 2001
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Binghampton, TN

  • Randell Richmond Real Estate Agent - eXp Realty, LLC

    Randell Richmond

    eXp Realty, LLC

    (580) 232-7340

    69 Total Sales

    1 in Binghampton

    $62,000 Price

    Randell Richmond
     Section Image
  • Leigh Martin Real Estate Agent - Hobson, REALTORS

    Leigh Martin

    Hobson, REALTORS

    (901) 479-0616

    189 Total Sales

    2 in Binghampton

    $370K - $385K Price Range

    Leigh Martin
     Section Image
  • Amanda Lester Real Estate Agent - NextHome Cornerstone Realty

    Amanda Lester

    NextHome Cornerstone Realty

    (901) 763-8976

    38 Total Sales

    2 in Binghampton

    $70K - $207K Price Range

    Amanda Lester
     Section Image
  • Charles Harris Real Estate Agent - Coldwell Banker Collins-Maury

    Charles Harris

    Coldwell Banker Collins-Maury

    (901) 450-5570

    96 Total Sales

    1 in Binghampton

    $140,000 Price

    Charles Harris
     Section Image
  • Michael Tally Real Estate Agent - Tally Real Estate Group LLC

    Michael Tally

    Tally Real Estate Group LLC

    (866) 458-3110

    53 Total Sales

    1 in Binghampton

    $127,894 Price

    Michael Tally
     Section Image
  • Austin Hall Real Estate Agent - Evernest LLC

    Austin Hall

    Evernest LLC

    (901) 519-2656

    56 Total Sales

    1 in Binghampton

    $100,000 Price

    Austin Hall
     Section Image
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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
$135,000 Local Title
$20,000 None Available
$42,000 --
$32,500 --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $37,800
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
12/09/2022 12/09/22 Sold $135,000 -15.0% $90 / Sq Ft
12/02/2022 12/02/22 Pending -- -- --
10/25/2022 10/25/22 Price Changed $158,900 -16.3% $107 / Sq Ft
09/14/2022 09/14/22 For Sale $189,900 -- $127 / 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 $1,841 $68,440 $13,160 $55,280
2024 -- $26,240 $8,280 $17,960
2023 $1,598 $26,240 $8,280 $17,960
2022 $1,598 $26,240 $8,280 $17,960
2021 $1,900 $26,240 $8,280 $17,960
2020 $1,467 $20,240 $8,280 $11,960
2019 $647 $20,240 $8,280 $11,960
2018 $647 $20,240 $8,280 $11,960
2017 $662 $20,240 $8,280 $11,960
2016 $1,075 $24,600 $0 $0
2014 $1,075 $24,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Randall Weatherall Real Estate Agent - Memphis Metro Realty

    Seller's Agent in 2022

    Randall Weatherall

    Memphis Metro Realty

    (731) 487-5843

    13 in this area

    182 Total Sales

    Randall Weatherall
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10133408

Memphis Area Association of REALTORS®

APN: 03-3001-0-0022

Tennessee Shelby County Memphis 38112 Binghampton

2430 Forrest Ave, Memphis, TN

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