Check Availability

1159 Forrest Avenue

1159 Forrest Avenue, Memphis, TN 38105
1159 Forrest Avenue in Memphis, TN was first built in 1920 and is 106 years old. This has been categorized as a property type. For those interested in architecture, the building on the property was built in a . There are a total of 100 floors. There are a total of 6 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 1159 Forrest Avenue has 1,777 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 450 ft and the linear feet between the front and back of the lot is 1,500. In total, the area measurement of the land is 6,750 square feet.

Learn more about the property and building on this page. There is a . The home has a style roof made of . The quality of the control joints have been graded by the local assessor with a letter grade of . The condition of the building has been evaluated as . The exterior walls of the home are made of . As for heating, the home is utilizing and being fueled with . There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1159 Forrest Avenue was last sold in Jun 29, 2023 for $50,000. According to our calculations, that's $28.14 per sqft. Current property owners are expected to pay $182,902 in taxes per year. The property on 1159 Forrest Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $30,025. To break that down further, the land itself was valued at $4,600. While improvements to the property were assessed at a total of $25,425. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Condition

New Construction

3 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20240427
04/27/2024
3 Bed
2 Bath
-
$95,000
bedrooms
3 Bed
bathrooms
2 Bath
-
-
Mario Jaramillo
REMAX Experts, LLC
20230802
08/02/2023
3 Bed
2 Bath
-
$83,000
bedrooms
3 Bed
bathrooms
2 Bath
-
-
Mario Jaramillo
REMAX Experts, LLC
20230201
02/01/2023
3 Bed
2 Bath
-
$175,000
bedrooms
3 Bed
bathrooms
2 Bath
$50,000 -71.43%
07/11/2023
Chelena Allen
BenchMark at Southwind LLC


Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 3
  • Exterior Walls Type: 3
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,750
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 450
  • Total Building Area: 1,777
  • Gross Building Area: 1,777
  • Building Area: 1,777
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,777
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SPEEDWAY TERRACE
  • Land Acres: 0000000155
  • Standard Land Use Code: 1001
  • County Land Use Code: 062
  • Legal Description 1: 112 SS FORREST

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 002500

Zoning

  • Zoning: RU-3

Geography

  • Assessors Map Reference: MB 6-111
  • District: O
  • Parcel: 02-0098-0-0011
  • Block: F
  • Lot: PT14
  • Municipality: MEMPHIS
  • Latitude: 35.1527
  • Longitude: -90.0207

    Address

  • Full Address: 1159 Forrest Ave
  • Address - House Number: 1159
  • Address - Street Name: Forrest
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C011
  • 4-Digit Zip Code: 2522
  • Zip Code: 38105

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $182,902
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1089
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 89
  • Final Value: 77,599
  • High Value: 86,056
  • Low Value: 69,141

    Market Valuation

  • Market Total Value: $120,100
  • Market Land Value: $18,400
  • Market Improvement Value: $101,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $30,025
  • Assessed Land Value: $4,600
  • Assessed Improvements Value: $25,425

    Sales

  • Current Sale Contract Date: Jun 29, 2023
  • Current Sale Recording Date: Jul 11, 2023
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 56598
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About North Memphis



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1159 Forrest Avenue located in?
The 1159 Forrest Avenue is a house located in the neighborhood of North Parkway Galloway Neighbor Watch in North Memphis, Memphis.
What is the average sales price for listings in 1159 Forrest Avenue?
The average sales price for units in 1159 Forrest Avenue is $100,000 currently.