15 days on rocket

1245 Forrest Ave, Memphis, TN, 38104

$280,000

Home List Price

$3,325*

Closing Credit

6 Bedrooms
3 Full Baths
House
Schools Nearby

Location

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1245 Forrest Ave, Memphis$280,000

Buyer Closing Credits

$3,325*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad
Year Built1923
HeatingCentral
CoolingNone
ViewOther
MLS #10172256
Lot Size0.16 Acres
StatusActive

About 1245 Forrest Ave

Beautiful home with lots of recent renovations. Open floor plan, wood floors and walking distance to Crosstown Concourse! Turn key investment property or would make a nice, spacious home for a family! Call to schedule your private tour today! Property being sold AS-IS.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1923
  • Stories: 1

Listing Office:

  • Office Name: Regency Realty, LLC

Interior Features

Interior Information:

  • Flooring Type: Part Hardwood, Wood Laminate Floors, Tile

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • View: Other
  • Exterior: Wrought Iron Security Drs

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Few Trees, Level, Landscaped
  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: None

School Info

Assigned Schools Information:

  • Memphis Virtual School, Public District Grades 6-12

Other

Directions Information:

  • Directions: Head east on N Parkway. Turn right onto Montgomery. Turn left onto Forrest. No sign in yard.

Price Information

Listing Price Info

Price Summary:

  • List Price: $280,000

Tax Information:

  • Annual Amount: $2,148
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$195.6K

Med. Price/SqFt

$130

# of Sold Homes

471

1245 Forrest Ave vs Memphis

15 DAYS ON ROCKET

$280,000

+$84.3K More

KEY TAKEAWAY

This property is $84.3K more than the Median Sold Price in Memphis, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #10172256

Listing Office:

  • Office Name: Regency Realty, LLC

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: 5/28/2024, 4:20:34 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 26, 2000Home Sold
$49,900

Tax History

YEARPROP. TAXASSESSMENT
2021$2,148$29,675
2020$1,606$22,175
2019$1,606$22,175
2018$911$22,175
2017$917$22,175

History based on county public records data.

Payment Calculator

$1,465

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$906

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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-3809769
1
/10
  • Memphis Virtual School

  • 3772 Jackson Ave

  • 4.95 miles

  • Public District Grades 6-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,688. The most common annual income of people living in Memphis, TN is less than $35k. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1245 Forrest Ave

What is the listing price of this property?

The listing price of 1245 Forrest Ave property is $280,000.

What type of property is this?

The property 1245 Forrest Ave is a house located in Memphis, Tennessee, 38104.

Is this property for sale now?

Active Listing: 1245 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 1245 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 $2,148 (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 26, 2000 for $49,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1245 Forrest Ave has 6 bedrooms and 3 bathrooms.

Which year was this property built?

The year of construction for 1245 Forrest Ave is 1923.

Rocket HomesTennesseeShelby CountyMemphis381041245 Forrest Ave

This home is located at 1245 Forrest Ave in Memphis, TN and zip code 38104 in the Medical District neighborhood. This home, which was built in 1923, sits on a 0.16 acre lot. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 13, 2024 and is currently priced at $280,000.

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 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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