NOT LISTED FOR SALE

503 E Forest Ave Jackson, TN 38301

Hicksville Neighborhood

Estimated Value: $63,000 - $100,000

2 Beds
1 Bath
784 Sq Ft
$97/Sq Ft Est. Value

Last Sold October 18, 2021

Last sale price $55,000 $70 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $412/month

25 Days on Market

Highlights

  • Wood Flooring
  • Fenced Yard
  • 1-Story Property
  • Corner Lot
  • 1 Car Detached Garage
  • Central Air

About This Home

As of October 2021

Excellent investment property or primary residence. Currently producing income. This cozy 2 bedroom, 1 bath house is in outstanding condition. Well maintained by the landlord as well as the tenant. This house is a safe bet! Call 731-467-1486 to schedule a private showing.

Last Agent to Sell the Property

Hector Lagares

Nest Realty License #310515 Listed on: 08/24/2021

Nest Realty

Last Buyer's Agent

Jacob Taylor

Ragan Realty Group License #354041

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • Fenced Yard
  • Corner Lot

Parking

  • 1 Car Detached Garage

Interior Spaces

  • 784 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Crawl Space
  • Formica Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 065J C 025.00 0

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Age: 73
  • Class: RESIDENTIAL
  • Type: Single Family
  • Year Built: 1948
  • New Construction: No
  • Resort: No
  • Subtype: None
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Floors: Hardwood
  • Number Of Stories: 1
  • Price Per Sq Ft: 80.23
  • Estimated Heated Sq Ft: 784
  • Estimated Unheated Sq Ft: 1
  • Bedroom 2 Level: m
  • Bedroom 2 Size: 12x8
  • Countertops: Formica (Plastic)
  • In Law Quarters: No
  • Kitchen Level: m
  • Kitchen Size: 15x7
  • Living Room Size: 19x11
  • Master Bedroom Level: Main
  • Master Bedroom Level2: m
  • Master Bedroom Size: 12x11
  • Number Of Bedrooms: 2
  • Full Bathrooms: 1

Exterior Features

  • Construction: Other
  • Foundation: Crawl Space
  • Water: Public
  • Waterfront: No
  • Water View: No
  • Fenced Yard: Fenced Yard
  • On Golf Course: No
  • Roof: Composite Shingle

Garage/Parking

  • Car Storage: 1
  • Garage Type: Separate Garage

Utilities

  • Sewer: Public
  • Age of HVAC: 4
  • Air Units: 1
  • Cooling System: Cent. A/C-Electric
  • Heating System: Gas Forced Air Cent.
  • Water Heater Units: 1

Association/Amenities

  • Gated Community: No

Lot Info

  • Geo Update Timestamp: 8/24/2021 10:54:23 PM
  • Geo Address Line: 503 E Forest Ave
  • Geo Primary City: Jackson
  • Geo Quality: 1
  • Geo Subdivision: TN
  • Geo Zoom Level: 19
  • Lot Size: 65 X 150
  • Map Number: 065O
  • Parcel Number: 065J C 025.00 0
  • Lot Type: Corner Lot

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2022
Sold by
Taylor and Laura
Bought by
Midsouth Trust
Current Estimated Value
$75,679

Purchase Details

Listed on
Aug 24, 2021
Closed on
Oct 18, 2021
Sold by
Reliance Enterprise Living Rlt
Bought by
Taylor Jacob
Seller's Agent
Hector Lagares
Nest Realty
Buyer's Agent
Jacob Taylor
Ragan Realty Group
List Price
$69,900
Sold Price
$55,000
Premium/Discount to List
-$14,900
-21.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.82%
Original Mortgage
$46,750
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 2017
Sold by
Reliance Enterprise Living Revocable
Bought by
Reliance Enterprise Living Revocable Trust

Purchase Details

Closed on
Jan 21, 2014
Sold by
Blackwell Jesse J
Bought by
Reliance Enterprise Inc

Purchase Details

Closed on
Mar 13, 1992
Bought by
Blackwell Jesse J

Purchase Details

Closed on
Jul 26, 1991
Bought by
Hysmith Robert C

Purchase Details

Closed on
Dec 11, 1990
Bought by
Secretary Of Housing

Purchase Details

Closed on
Aug 10, 1990
Bought by
Tenn Housing Dev

Purchase Details

Closed on
Apr 26, 1988
Bought by
Steward Phillip E and Yvonne Woods

Purchase Details

Closed on
Jul 21, 1980
Bought by
Nelson Theodore E

Purchase Details

Closed on
Nov 14, 1977

Purchase Details

Closed on
May 5, 1976

Purchase Details

Closed on
Apr 10, 1974
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
Midsouth Trust -- Byrd & Byrd Pllc
Taylor Laura -- None Listed On Document
Taylor Jacob $55,000 None Available
Reliance Enterprise Living Revocable Trust -- --
Reliance Enterprise Inc $15,500 --
Blackwell Jesse J $26,000 --
Hysmith Robert C $16,700 --
Secretary Of Housing -- --
Tenn Housing Dev -- --
Steward Phillip E -- --
Nelson Theodore E -- --
-- -- --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Taylor Jacob $46,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2021 10/18/21 Sold $55,000 -12.6% $70 / Sq Ft
09/18/2021 09/18/21 Pending -- -- --
09/07/2021 09/07/21 Price Changed $62,900 -10.0% $80 / Sq Ft
08/24/2021 08/24/21 For Sale $69,900 -- $89 / Sq Ft
Source: Central West Tennessee 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 $207 $11,050 $2,075 $8,975
2024 $207 $11,050 $2,075 $8,975
2022 $385 $11,050 $2,075 $8,975
2021 $288 $6,675 $1,575 $5,100
2020 $288 $6,675 $1,575 $5,100
2019 $288 $6,675 $1,575 $5,100
2018 $288 $6,675 $1,575 $5,100
2017 $279 $6,325 $1,575 $4,750
2016 $260 $6,325 $1,575 $4,750
2015 $260 $6,325 $1,575 $4,750
2014 $260 $6,325 $1,575 $4,750
Source: Public Records

Agents Affiliated with this Home

  • Hector Lagares

    Seller's Agent in 2021

    Hector Lagares

    Nest Realty

    (731) 467-1486

    5 in this area

    177 Total Sales

    Hector Lagares
    Section Image

  • G

    Seller's Agent in 2021

    Ginger Williams

    Town and Country Realtors

  • Jacob Taylor

    Buyer's Agent in 2021

    Jacob Taylor

    Ragan Realty Group

    (731) 394-0911

    5 in this area

    40 Total Sales

    Jacob Taylor
    Section Image
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Map

Source: Central West Tennessee Association of REALTORS®

MLS Number: 208816

Central West Tennessee Association of REALTORS®

APN: 065J-C-025.00

Tennessee Madison County Jackson 38301 Hicksville

503 E Forest Ave, Jackson, TN

Not Listed for Sale

Detached

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