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1617 Forrest Drive

1617 Forrest Drive, Memphis, TN 38112
Sold Jan 24, 2019
$308,000
Sold May 10, 2007
$234,000
$187,200 by Pulaski Mortgage Co
Mortgage Due Jun 01, 2037
Local assessors in Memphis, TN have categorized 1617 Forrest Drive as a residential type of property. The home was built in 1923 and is 101 years old. The property's lot size has been calculated to be 8,350 square feet. The linear feet between the front and back of the lot was measured at 1,670 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1617 Forrest Drive has a total of 2,753 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 360 sqft. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. The building has a gable style roof that was made of composition shingle. Lots of stucco were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Jan 18, 2019 for $308,000. That's $111.88 per sqft. Prior to that sales transaction, the property was also sold in May 2, 2007 for $234,000. 1617 Forrest Drive was last assessed in 2022. The total value of the property was assessed at $85,850. Specifically, the land the property is located on was valued at $11,425. While improvements on the property were assessed at a total of $74,425. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $5,230. The initial tax year of delinquency was in 2022. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 1923
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 3
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 360
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,350
  • Lot Size Depth Feet: 1,670
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,753
  • Gross Building Area: 2,753
  • Building Area: 2,753
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,753
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WOODLAND
  • Land Acres: 0.192
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SS FORREST

Ownership

  • Current Owner : STOKES WALTER WILSON
  • Current Owner 2: STOKES JULIA CATHLEEN LEWIS
  • Previous Owner : CAMERON JOHN
  • Previous Owner 2: CAMERON ELIZABETH
  • Owner Before Previous Owner: TRIKO CHRISTOPHER B
  • Owner Before Previous Owner 2: TRIKO CHERYL R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 002600

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 02-0052-0-0002
  • Lot: PT16
  • Municipality: MEMPHIS
  • Latitude: 35.1518
  • Longitude: -90.0053

    Address

  • Full Address: 1617 Forrest Ave
  • Address - House Number: 1617
  • Address - Street Name: Forrest
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C066
  • 4-Digit Zip Code: 4924
  • Zip Code: 38112

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,230
  • Intital Tax Deliquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2281
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 68
  • Final Value: 426,009
  • High Value: 523,201
  • Low Value: 328,816

    Market Valuation

  • Market Total Value: $343,400
  • Market Land Value: $45,700
  • Market Improvement Value: $297,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $85,850
  • Assessed Land Value: $11,425
  • Assessed Improvements Value: $74,425

    Sales

  • Current Sale Contract Date: Jan 18, 2019
  • Current Sale Recording Date: Jan 24, 2019
  • Current Sale Transaction ID: 11562192126
  • Current Sale Price: $308,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19007216
  • Previous Sale Recording Date: May 10, 2007
  • Previous Sale Contract Date: May 02, 2007
  • Previous Sale Amount: $234,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COGENT BANK
  • First Mortgage Transaction Date: Jan 24, 2019
  • First Mortgage Loan Amount: $108,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Feb 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: PULASKI MORTGAGE CO
  • Previous Mortgage Transaction Date: May 10, 2007
  • Previous Mortgage Loan Amount: $187,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jun 01, 2037

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Frequently Asked Questions

What neighborhood is 1617 Forrest Drive located in?
The 1617 Forrest Drive is a house located in the neighborhood of Evergreen Historic District in Midtown, Memphis.
What is the average sales price for listings in 1617 Forrest Drive?
The average sales price for units in 1617 Forrest Drive is $0 currently.

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