NOT LISTED FOR SALE

958 Forrest Ave Memphis, TN 38105

Crosstown Neighborhood

Estimated Value: $76,000 - $158,000

3 Beds
1 Bath
1,199 Sq Ft
$92/Sq Ft Est. Value

Last Sold November 17, 2017

Last sale price $24,000 $20 Per Sq Ft

Est. 357% increase in value since last sale

Current estimated payment $644/month

11 Days on Market

Highlights

  • Traditional Architecture
  • Central Heating
  • Partially Carpeted
  • Separate Formal Living Room
  • Dining Room
  • Wood Fence

About This Home

As of November 2017

ARE YOU GOING TO WAIT ON CROSSTOWN OR GET IN NOW BEFORE IT GOES THROUGH THE ROOF? This house needs work, no doubt, but has a 7-yr tenant paying $500/mo. You can keep the cash flow coming in or renovate and sell in this up and coming area. This house has 3 bedrooms and 1 bath, central heat, fenced in backyard and located close to new Crosstown development. Please do not disturb tenant, but drive by and call listing agent. Owner/agent. CAN BE PURCHASED WITH 3215 Winslow 38109 at a discount.

Last Listed By

Frank Malvezzi

CB Properties of Memphis, LLC License #264358 Listed on: 10/30/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $356

Year Built

  • Built in 1944

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50 x 125
  • Wood Fence
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Stucco Exterior

Interior Spaces

  • 1,199 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Dining Room
  • Partially Carpeted
  • Iron Doors

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating

Community Details

  • Galloway Park Blk 9 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 021121 00031

Home Details

Home Type

Single Family

Est. Annual Taxes

$356

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 741E
  • MAAR Subdivision Name: GALLOWAY PARK BLK 9
  • List Price Per Sq Ft: 24
  • Number Of Stories: 1
  • Price Per Sq Ft: 20.02
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1199
  • Year Built: 1944
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Wood Fence
  • Exterior Windows: Stucco

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 9
  • Acreage: 0.14
  • Lot Size: 50 X 125
  • Price Per Acre: 207143

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 021121 00031

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2017
Closed on
Nov 17, 2017
Sold by
Pmw Properties Llc
Bought by
Grimes Valerie and Grimes Kevelin
Seller's Agent
Frank Malvezzi
CB Properties of Memphis, LLC
Buyer's Agent
Rodney Tate
Assured Real Estate Services
List Price
$29,000
Sold Price
$24,000
Premium/Discount to List
-$5,000
-17.24%
Total Days on Market
11
Current Estimated Value
$109,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,719
Avg. Annual Appreciation
23.04%

Purchase Details

Closed on
Oct 2, 2015
Sold by
Dw Investments Llc
Bought by
Pmw Properties Llc

Purchase Details

Closed on
Sep 6, 2006
Sold by
Ameriquest Funding Ii Reo Subsidiary
Bought by
Dw Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,610
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 2006
Sold by
Wachovia Bank Na
Bought by
Ameriquest Funding Ii Reo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,610
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 20, 2004
Sold by
Williams Mykisha
Bought by
Alexander Deandre

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
8.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 23, 2004
Sold by
Bank One Na
Bought by
Williams Mykisha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
8.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 2004
Sold by
Minor Robert W
Bought by
Bank One Na and The First National Bank Of Chicago

Range of Values:

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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
Grimes Valerie $24,000 Regency Title & Escrow Lcl
Pmw Properties Llc $17,000 Attorney
Dw Investments Llc $15,000 Us Land Title
Ameriquest Funding Ii Reo -- Us Land Title
Alexander Deandre $75,000 First National Financial Tit
Williams Mykisha $11,950 Jack Case Wilson Title Assoc
Bank One Na $22,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dw Investments Llc $27,610
Previous Owner Alexander Deandre $60,000
Previous Owner Minor Robert W $26,500
Closed Alexander Deandre $11,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2017 11/17/17 Sold $24,000 -17.2% $20 / Sq Ft
11/10/2017 11/10/17 Pending -- -- --
10/30/2017 10/30/17 For Sale $29,000 -- $24 / 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
2024 $356 $10,500 $1,125 $9,375
2023 $640 $10,500 $1,125 $9,375
2022 $640 $10,500 $1,125 $9,375
2021 $647 $10,500 $1,125 $9,375
2020 $513 $7,075 $1,125 $5,950
2019 $513 $7,075 $1,125 $5,950
2018 $513 $7,075 $1,125 $5,950
2017 $291 $7,075 $1,125 $5,950
2016 $309 $7,075 $0 $0
2014 $309 $7,075 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Frank Malvezzi

    Seller's Agent in 2017

    Frank Malvezzi

    CB Properties of Memphis, LLC

    (901) 619-4145

    92 Total Sales

    Frank Malvezzi
    Section Image
  • Rodney Tate

    Buyer's Agent in 2017

    Rodney Tate

    Assured Real Estate Services

    (901) 286-8770

    14 Total Sales

    Rodney Tate
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10014530

Memphis Area Association of REALTORS®

APN: 02-1121-0-0031

Tennessee Shelby County Memphis 38105 Crosstown

958 Forrest Ave, Memphis, TN

Homes for Sale in Memphis, TN

This home is located at 958 Forrest Ave, Memphis, TN 38105 since 30 October 2017 and is currently estimated at $109,719, approximately $91 per square foot. This property was built in 1944. 958 Forrest Ave is a home located in Shelby County with nearby schools including Bruce Elementary School, Manassas High School, and Memphis Scholars Caldwell-Guthrie.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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Some or all of the listings displayed may not belong to the firm whose website is being visited. Copyright© 2025 Memphis Area Association of REALTORS®.

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