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2441 Forrest Drive

2441 Forrest Drive, Memphis, TN 38112
Sold Apr 08, 2019
$75,000
$56,250 by Austin Capital Bank Ssb
Mortgage Due May 01, 2049
Sold Sep 19, 2000
$31,185
2441 Forrest Drive in Memphis, TN was first built in 1940 and is 84 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a cottage style. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 2441 Forrest Drive has 981 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 440 ft and the linear feet between the front and back of the lot is 1,330. In total, the area measurement of the land is 5,810 square feet.

Learn more about the property and building on this page. There is a unknown. The home has a gable style roof made of composition shingle. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick veneer. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2441 Forrest Drive sold most recently in Apr 4, 2019 for a total of $75,000. If you work out the math, that's approximately a cost of $76.45 per sqft. Before that, the property was also sold for $31,185 in Sep 18, 2000. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,439 in taxes each year. 2441 Forrest Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $23,625. If we break it down further, the land itself was valued at $4,850. Improvements to the property, however, were assessed at a total of $18,775. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Cottage
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,810
  • Lot Size Depth Feet: 1,330
  • Lot Size Frontage Feet: 440
  • Total Building Area: 981
  • Gross Building Area: 981
  • Building Area: 981
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 981
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MISSES HANSON
  • Land Acres: 0.133
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SS FORREST

Ownership

  • Current Owner : DEWAR VAUGHAN LOUIS
  • Previous Owner : HUNTER VERNON
  • Previous Owner 2: HUNTER PATRICE JOYCE
  • Owner Before Previous Owner: JOHNELLA CATHEY

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 001500

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MB 9-35&59
  • District: O
  • Parcel: 03-3001-0-0055
  • Lot: 21
  • Municipality: MEMPHIS
  • Latitude: 35.1497
  • Longitude: -89.9778

    Address

  • Full Address: 2441 Forrest Ave
  • Address - House Number: 2441
  • Address - Street Name: Forrest
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C069
  • 4-Digit Zip Code: 2507
  • Zip Code: 38112

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,439

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 101,721
  • High Value: 147,984
  • Low Value: 55,457

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $56,250
  • First Open Lien Mortgage Lender: AUSTIN CAPITAL BANK SSB
  • First Open Lien Mortgage Recording Date: Apr 08, 2019
  • First Open Lien Mortgage Loan Amount: $56,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2049

    Market Valuation

  • Market Total Value: $94,500
  • Market Land Value: $19,400
  • Market Improvement Value: $75,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $23,625
  • Assessed Land Value: $4,850
  • Assessed Improvements Value: $18,775

    Sales

  • Current Sale Contract Date: Apr 04, 2019
  • Current Sale Recording Date: Apr 08, 2019
  • Current Sale Transaction ID: 11596265072
  • Current Sale Price: $75,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19033345
  • Previous Sale Recording Date: Sep 19, 2000
  • Previous Sale Contract Date: Sep 18, 2000
  • Previous Sale Amount: $31,185
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AUSTIN CAPITAL BANK SSB
  • First Mortgage Transaction Date: Apr 08, 2019
  • First Mortgage Loan Amount: $56,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2049

About Jackson - University Area



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Frequently Asked Questions

What neighborhood is 2441 Forrest Drive located in?
The 2441 Forrest Drive is a house located in the neighborhood of Binghampton-Lester in Jackson - University Area, Memphis.
What is the average sales price for listings in 2441 Forrest Drive?
The average sales price for units in 2441 Forrest Drive is $78,900 currently.

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