10 months on rocket

3550 Forrest Ave, Memphis, TN, 38122

$110,000

Home List Price

$1,306*

Closing Credit

3 Bedrooms
1 Full Bath
House
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

3550 Forrest Ave, Memphis$110,000

Buyer Closing Credits

$1,306*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad
Year Built1922
HeatingCentral
CoolingCentral Air
MLS #10151058
Lot Size0.10 Acres
StatusActive

About 3550 Forrest Ave

Great investment property, great price. AS IS no showing without contract.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1922
  • Stories: 1

Listing Office:

  • Office Name: REMAX Experts

Interior Features

Interior Information:

  • Flooring Type: Wood Laminate Floors

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: On-Site Storage

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Few Trees
  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Memphis Virtual School, Public District Grades 6-12

Other

Directions Information:

  • Directions: East on Summer from Highland, Right on Sevier Right on Forrest

Price Information

Listing Price Info

Price Summary:

  • List Price: $110,000

Tax Information:

  • Annual Amount: $1,077
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Map thumbnail provided by MapBox

Memphis, TN

City

Med. Sold Price

$195.6K

Med. Price/SqFt

$130

# of Sold Homes

471

3550 Forrest Ave vs Memphis

319 DAYS ON ROCKET

$110,000

-$85.6K Less

KEY TAKEAWAY

This property is $85.6K less than the Median Sold Price in Memphis, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #10151058

Listing Office:

  • Office Name: REMAX Experts

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: 5/13/2024, 6:20:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 13, 2005Home Sold
$59,000
Jun 08, 2005Home Sold
$59,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,077$14,875
2020$789$10,900
2019$789$10,900
2018$448$10,900
2017$504$10,900

History based on county public records data.

Payment Calculator

$617

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$396

Powered By

Rocket Mortgage

Advertisement

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-11010230
1
/10

  • Memphis Virtual School

  • 3772 Jackson Ave

  • 2.25 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 $58,197. Residents of Memphis, TN typically earn between $35k-100k each year. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3550 Forrest Ave

What is the listing price of this property?

The listing price of 3550 Forrest Ave property is $110,000.

What type of property is this?

The property 3550 Forrest Ave is a house located in Memphis, Tennessee, 38122.

Is this property for sale now?

Active Listing: 3550 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 3550 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 $1,077 (source: MLS/based on county public records data).

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

The last sale was on September 13, 2005 for $59,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 3550 Forrest Ave has 3 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 3550 Forrest Ave is 1922.

Rocket Homes›Tennessee›Shelby County›Memphis›38122›3550 Forrest Ave

This home is located at 3550 Forrest Ave in Memphis, TN and zip code 38122 in the High Point Terrace neighborhood. This home, which was built in 1922, sits on a 0.10 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since June 28, 2023 and is currently priced at $110,000.

In April 2024 more than 75 listings in Memphis, TN were sold above the asking price. During the same period more than 122 listings were sold at asking price, while more than 272 were sold below. The number of homes for sale in Memphis, TN increased by 13.1% between March 2024 and April 2024.

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

More Resources