1159 Forrest Ave, Memphis, TN, 38105

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1159 Forrest Ave, Memphis$95,000

Buyer Closing Credits

$1,128^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

ParkingDriveway/Pad

Year Built1920

HeatingOther

CoolingOther

MLS #10171111

Lot Size0.15 Acres

StatusActive

About 1159 Forrest Ave

This 3 bedroom, 2 bath home has been gutted and cleared and is the perfect blank slate for your future home or investment! It features new windows, new walkway, new roof, & a new wood privacy fence. This home has such great potential. New construction next door and across the street is sure to boost the value of this home! We have approved building plans and COA approval for work. You will not want to miss this. Estimated renovation cost is $105k for current building plans.

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Property Details

Property Features

Property Information:

• Architectural Style: Traditional
• Year Built: 1920
• Stories: 1

Listing Office:

• Office Name: REMAX Experts

Interior Features

Interior Information:

• Flooring Type: Other (See REMARKS)

Bedroom and Bathroom Information:

• Full Bathrooms: 2
• Total Bedroom Count: 3

Exterior Features

Exterior Information:

• Exterior: Porch, Wood Fence

Parking Information:

• Parking: Driveway/Pad

Lot Features

Lot Information:

• Lot: Level
• Lot Size: 0.15 Acres

Utilities

Utilities Information:

• Heating: Other
• Cooling: Other

School Info

Assigned Schools Information:

• Memphis Virtual School, Public District Grades 6-12

Other

Directions Information:

• Directions: Jackson Ave. to Bellevue Blvd. make right; right to Forrest; home at the end of the street

Price Information

Listing Price Info

Price Summary:

• List Price: $95,000

Tax Information:

• Annual Amount: $2,174
• Tax Year: 2021

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Housing Market Comparison

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

Memphis, TN

City

Med. Sold Price

$195.6K

Med. Price/SqFt

$130

# of Sold Homes

471

1159 Forrest Ave vs Memphis

14 DAYS ON ROCKET

$95,000

-$100.6K Less

KEY TAKEAWAY

This property is $100.6K less than the Median Sold Price in Memphis, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Number: #10171111

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: 5/11/2024, 4:20:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

Tax History

YEAR	PROP. TAX	ASSESSMENT
2021	$2,174	$30,025
2020	$1,320	$18,225
2019	$1,320	$18,225
2018	$749	$18,225
2017	$976	$18,225

History based on county public records data.

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**Disclosures

Rocket Homes›Tennessee›Shelby County›Memphis›38105›1159 Forrest Ave

This home is located at 1159 Forrest Ave in Memphis, TN and zip code 38105 in the Medical District neighborhood. This home, which was built in 1920, sits on a 0.15 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 27, 2024 and is currently priced at $95,000.

Over 75 listings were sold over their listed price in April 2024 in Memphis, TN. In the same period over 272 listings were sold below the listed price and 122 listings were sold for the listed price. 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.