5 months on rocket

2949 Forrest Ave, Memphis, TN, 38112

$19,900

0.06 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeVacant Land
MLS #10160777
Lot Size0.06 Acres
StatusActive

About 2949 Forrest Ave

Vacant Lot in Broad Street area. This is an up and coming area around Broad Street Development, New Retail Center is planned for Broad and Tillman. SELLER IS A LICENSED REAL ESTATE AGENT

Property Details

Property Features

Listing Office:

  • Office Name: Garland Company Real Estate, L

Lot Features

Lot Information:

  • Lot: City Lot
  • Lot Size: 0.06 Acres

School Info

Assigned Schools Information:

  • Memphis Virtual School, Public District Grades 6-12

Other

Directions Information:

  • Directions: From Broad Avenue and Tillman, go north on Tillman, then left onto Forrest Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $19,900

Tax Information:

  • Annual Amount: $81
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Memphis, TN.

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Memphis, TN

City

Med. Sold Price

$195.6K

Med. Price/SqFt

$130

# of Sold Homes

471

2949 Forrest Ave vs Memphis

177 DAYS ON ROCKET

$19,900

-$175.7K Less

KEY TAKEAWAY

This property is $175.7K less than the Median Sold Price in Memphis, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #10160777

Listing Office:

  • Office Name: Garland Company Real Estate, L

Copyright© 2024 Memphis Area Association of REALTORS. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/6/2024, 4:20:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 31, 2005Home Sold
$48,000

Tax History

YEARPROP. TAXASSESSMENT
2021$81$1,125
2020$81$1,125
2019$81$1,125
2018$46$1,125
2017$49$1,125

History based on county public records data.

Payment Calculator

$167

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$126

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

High School

school-card-donut-6973094
1
/10

  • Memphis Virtual School

  • 3772 Jackson Ave

  • 2.64 miles

  • Public District Grades 6-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $19,214. Most Memphis, TN residents have annual incomes less than $35k. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2949 Forrest Ave

What is the listing price of this property?

The listing price of 2949 Forrest Ave property is $19,900.

What type of property is this?

The property 2949 Forrest Ave is land located in Memphis, Tennessee, 38112.

Is this property for sale now?

Active Listing: 2949 Forrest Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2949 Forrest Ave are:
Memphis Virtual School: GreatSchools Rating 1/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $81 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 31, 2005 for $48,000. (source: MLS/tax record).

How much acreage is this property?

The property 2949 Forrest Ave is 0.06 acres.
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Rocket Homes›Tennessee›Shelby County›Memphis›38112›2949 Forrest Ave

This home is located at 2949 Forrest Ave in Memphis, TN and zip code 38112 in the Binghampton / Lester neighborhood. This home sits on a 0.06 acre lot. It has been listed on Rocket Homes since November 11, 2023 and is currently priced at $19,900.

In April 2024, from all listings sold in Memphis, TN there were more than 75 sold above asking price, over 272 sold below and more than 122 were sold right at the asked price. The inventory of homes for sale in Memphis, TN between March 2024 and April 2024 increased by 13.1%.

From Rocket Homes Real Estate and based on county public records data.

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