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6831 Forrest Circle

6831 Forrest Circle, Memphis, TN 38135
House in Stonetrace
Sold Jun 29, 2020
$290,000
$232,000 by Everett Financial Inc
Mortgage Due Jul 01, 2050
Sold Apr 18, 2008
$239,500
$227,525 by Bank Of America Na
Mortgage Due May 01, 2038
Local assessors in Memphis, TN have categorized 6831 Forrest Circle as a residential type of property. The home was built in 1995 and is 29 years old. The property's lot size has been calculated to be 11,365 square feet. The linear feet between the front and back of the lot was measured at 950 ft and the front of the lot was measured at 1,160 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a traditional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 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 2 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 6831 Forrest Circle has a total of 3,282 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 attached garage for those who need a place to park their vehicle. The garage on the property is 450 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. 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 hip style roof that was made of composition shingle. Lots of a combination of material 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. 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, 6831 Forrest Circle was last sold in Jun 24, 2020 for $290,000. According to our calculations, that's $77.71 per sqft. Prior to that sales transaction, the property was sold for $239,500 in Apr 17, 2008. Current property owners are expected to pay $3,515 in taxes per year. The property on 6831 Forrest Circle was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $68,650. To break that down further, the land itself was valued at $12,350. While improvements to the property were assessed at a total of $56,300. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Traditional
  • Exterior Walls Type: Combination
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 450
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 11,365
  • Lot Size Depth Feet: 950
  • Lot Size Frontage Feet: 1,160
  • Total Building Area: 3,732
  • Gross Building Area: 3,732
  • Building Area: 3,282
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,282
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: STONETRACE PHASE 2 SECTION C
  • Land Acres: 0.261
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NS STONE BREAK CV COR FORREST CL (NW)

Ownership

  • Current Owner : WOODS KEITH ADAM
  • Previous Owner : MCALEARNEY STEVEN
  • Previous Owner 2: MCALEARNEY CATHY
  • Owner Before Previous Owner: CAPSHAW GREGORY A
  • Owner Before Previous Owner 2: CAPSHAW ANGELA D
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Right of Survivorship

Neighborhood

  • School District Name: Bartlett City School District
  • Census Tract: 020634

Zoning

  • Zoning: RS-10

Geography

  • Assessors Map Reference: MB 144-05
  • District: B
  • Parcel: B0-157V-F0-0040
  • Lot: 198
  • Municipality: BARTLETT
  • Latitude: 35.2225
  • Longitude: -89.8368

    Address

  • Full Address: 6831 Forrest Cir
  • Address - House Number: 6831
  • Address - Street Name: Forrest
  • Address - Suffix Type: Cir
  • State: TN
  • City Name: Bartlett
  • Carrier Code: C032
  • 4-Digit Zip Code: 3095
  • Zip Code: 38135

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,515

    Appraisal Valuation

  • Standard Deviation: 0.2384
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 389,332
  • High Value: 482,167
  • Low Value: 296,496

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $232,000
  • First Open Lien Mortgage Lender: EVERETT FINANCIAL INC
  • First Open Lien Mortgage Recording Date: Jun 29, 2020
  • First Open Lien Mortgage Loan Amount: $232,000
  • 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: Jul 01, 2050

    Market Valuation

  • Market Total Value: $274,600
  • Market Land Value: $49,400
  • Market Improvement Value: $225,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $68,650
  • Assessed Land Value: $12,350
  • Assessed Improvements Value: $56,300

    Sales

  • Current Sale Contract Date: Jun 24, 2020
  • Current Sale Recording Date: Jun 29, 2020
  • Current Sale Transaction ID: 11769898696
  • Current Sale Price: $290,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20066298
  • Previous Sale Recording Date: Apr 18, 2008
  • Previous Sale Contract Date: Apr 17, 2008
  • Previous Sale Amount: $239,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: EVERETT FINANCIAL INC
  • First Mortgage Transaction Date: Jun 29, 2020
  • First Mortgage Loan Amount: $232,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Apr 18, 2008
  • Previous Mortgage Loan Amount: $227,525
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: May 01, 2038

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Frequently Asked Questions

What neighborhood is 6831 Forrest Circle located in?
The 6831 Forrest Circle is a house located in the neighborhood of Stonetrace in Stonetrace, Memphis.
What is the average sales price for listings in 6831 Forrest Circle?
The average sales price for units in 6831 Forrest Circle is $0 currently.

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