NOT LISTED FOR SALE

4036 Forrest Ave Memphis, TN 38122

East Memphis Neighborhood

Estimated Value: $148,000 - $186,000

2 Beds
1 Bath
1,000-1,199 Sq Ft
$133/Sq Ft Est. Value

Last Sold October 25, 2023

Last sale price $90,000 $75 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $882/month

8 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Some Wood Windows
  • White Station Middle Rated A-
  • Den
  • 1 Car Detached Garage

About This Home

As of October 2023

Multiple Offers, please submit Highest/Best offers by 8:00 AM Monday October 2nd. 2 Bedrooms, 1 Bath, with den. Detached garage. All appliances stay. Roof is 3 years old, with transferable 15 year warranty. AC/heat is Amerisplit unit 4 years old with 10 year warranty. Water heater is 5 years old. Grahamwood and White Station Middle and High School districts. Sold as-is.

Last Agent to Sell the Property

Sam Hanks

Broker South Realty License #285943 Listed on: 09/24/2023

Last Buyer's Agent

Elijah Tucker

Reedy & Company, REALTORS License #368993

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 871 Sq Ft Lot
  • Lot Dimensions are 43x140
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,134 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Separate Formal Living Room
  • Den

Kitchen

  • Oven or Range
  • Gas Cooktop

Flooring

  • Parquet
  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Front Facing Garage
  • Driveway

Utilities

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

Community Details

  • Sharon Subdivision

Listing and Financial Details

  • Assessor Parcel Number 055001 00076

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: SHARON
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1134
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Description: Level 1
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Tile, Vinyl/Luxury Vinyl Floor, Parquet Floor
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Gas Cooking, Refrigerator, Washer, Dryer
  • Living Dining Kitchen: Separate Den, Separate Living Room, Washer/Dryer Connections
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Sidewalks
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 1
  • Parking Display: G1D
  • Parking Storage: Driveway/Pad, Front-Load Garage

Utilities

  • Heating: Wall Unit
  • Water Sewer: Gas Water Heater

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 22
  • Acreage: 0.02
  • Lot Size: 43X140

Tax Info

  • Assessor Parcel Number: 055001 00076

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2024
Sold by
Tamar Krongrad Living Trust and Krongrad Tamar
Bought by
Forrest Oranges Tn Llc
Current Estimated Value
$158,887

Purchase Details

Closed on
Jan 30, 2024
Sold by
Memphis Inv Properties Iv Llc
Bought by
Tamar Krongrad Living Trust and Krongrad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 24, 2023
Closed on
Oct 25, 2023
Sold by
Turner William G and Turner Gina G
Bought by
Memphis Investment Properties Iv Llc
Seller's Agent
Sam Hanks
Broker South Realty
Buyer's Agent
Elijah Tucker
Reedy & Company, REALTORS
List Price
$99,000
Sold Price
$90,000
Premium/Discount to List
-$9,000
-9.09%
Views
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
30.26%
Original Mortgage
$122,000
Interest Rate
7.19%
Mortgage Type
New Conventional
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
Forrest Oranges Tn Llc -- None Listed On Document
Tamar Krongrad Living Trust $157,500 Delta Title Services
Memphis Investment Properties Iv Llc $90,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tamar Krongrad Living Trust $126,000
Previous Owner Memphis Investment Properties Iv Llc $122,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2023 10/25/23 Sold $90,000 -9.1% $90 / Sq Ft
10/02/2023 10/02/23 Pending -- -- --
09/24/2023 09/24/23 For Sale $99,000 -- $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 $549 $34,525 $2,350 $32,175
2024 -- $16,200 $2,350 $13,850
2023 $987 $16,200 $2,350 $13,850
2022 $987 $16,200 $2,350 $13,850
2021 $998 $16,200 $2,350 $13,850
2020 $998 $13,775 $1,575 $12,200
2019 $998 $13,775 $1,575 $12,200
2018 $998 $13,775 $1,575 $12,200
2017 $566 $13,775 $1,575 $12,200
2016 $570 $13,050 $0 $0
2014 $570 $13,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sam Hanks

    Seller's Agent in 2023

    Sam Hanks

    Broker South Realty

    (901) 378-0494

    6 in this area

    28 Total Sales

    Sam Hanks
    Section Image

  • E

    Buyer's Agent in 2023

    Elijah Tucker

    Reedy & Company, REALTORS

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10157425

Memphis Area Association of REALTORS®

APN: 05-5001-0-0076

Tennessee Shelby County Memphis 38122 East Memphis

4036 Forrest Ave, Memphis, TN

Not Listed for Sale

Detached

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