new - 7 days on rocket

1063 Forrest Ave, Memphis, TN, 38105

$259,000

Home List Price

$3,076*

Closing Credit

4 Bedrooms
2 Full Baths
House

Location

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1063 Forrest Ave, Memphis$259,000

Buyer Closing Credits

$3,076*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad
Year Built1920
HeatingCentral
CoolingCentral Air
ViewOther
MLS #10187258
Lot Size0.17 Acres
StatusActive

About 1063 Forrest Ave

Completely renovated charming 4-bedroom, 2-bathroom home nestled in a peaceful neighborhood. This inviting property offers a perfect blend of comfort, style, and functionality. Renovated kitchen and bathrooms. You will love the open concept living and dining room. Huge laundry room in the back of the home away from living area. Large fenced in back yard. Minutes from downtown.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1920
  • Stories: 1

Listing Office:

  • Office Name: Paradigm21 Realty

Interior Features

Interior Information:

  • Flooring Type: Part Hardwood, Part Carpet

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: Other
  • Exterior: Patio

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Landscaped
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: driving down N parkway turn left on N Waldran Blvd make a right on Forrest ave the destination is on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $259,000

Tax Information:

  • Annual Amount: $1,097
  • Tax Year: 2021
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Housing Market Comparison

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

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Memphis, TN

City

Med. Sold Price

$190.5K

Med. Price/SqFt

$139

Avg. Days On Market

67

# of Sold Homes

397

1063 Forrest Ave vs Memphis

7 DAYS ON ROCKET

-60 Days

$259,000

+$68.4K More

KEY TAKEAWAY

This property is $68.4K more than the Median Sold Price in Memphis, TN.

Based on homes sold in December 2024

MLS Details

MLS Information:

  • MLS Number: #10187258

Listing Office:

  • Office Name: Paradigm21 Realty

Copyright© 2025 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: 1/6/2025, 9:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,097$15,150
2020$724$10,000
2019$724$10,000
2018$411$10,000
2017$437$10,000

History based on county public records data.

Payment Calculator

$1,360

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$843

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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.

Nearby Schools

school-card-donut-773763
3
/10

  • Memphis Scholars Caldwell-Guthrie (ASD)

  • 951 Chelsea Ave

  • 1.00 miles

  • Public Charter Grades PK-5

school-card-donut-773764
3
/10

  • Kipp Memphis Collegiate Elementary School

  • 230 Henry Ave

  • 1.32 miles

  • Public Charter Grades KG-4

school-card-donut-773765
3
/10

  • Downtown Elementary School

  • 10 N 4th St

  • 1.45 miles

  • Public Magnet Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $17,297. The most common annual income of people living in Memphis, TN is less than $35k. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Living In Memphis, TN

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Memphis, TN?

Memphis offers a diverse array of housing options, with single-family homes being a significant part of the market. Architectural styles range from charming historic bungalows to sleek contemporary new builds. The housing landscape is varied, with a mix of older homes that reflect the city's rich history and newer developments that cater to modern living preferences. While the homeownership rate is robust, there is also a healthy rental market that provides options for those not looking to buy.

Is Memphis, TN a good place to live?

Memphis is celebrated for its vibrant music scene and rich cultural heritage, which are integral to the city's character. The community prides itself on being the home of blues, soul, and rock 'n' roll, with landmarks such as Beale Street and the annual Memphis in May festival highlighting its musical legacy. The city's character is further defined by its friendly residents and a sense of small-town camaraderie amidst its urban setting.

Are things conveniently located in Memphis, TN?

The community benefits from a well-rounded selection of services, including a network of public and private schools that cater to educational needs at all levels. Healthcare facilities are distributed throughout the city, offering a range of services from routine care to specialized treatments. Public libraries serve as valuable resources for residents, and the city's retail and dining establishments reflect the local culture, with an emphasis on Southern cuisine and unique boutiques.

What does the transportation in Memphis, TN look like?

Memphis features a comprehensive transport infrastructure that includes a public transit system serving residents and visitors alike. The city's layout and road network facilitate easy commuting by car, with major highways connecting Memphis to surrounding areas. While certain neighborhoods are known for their walkability, the city as a whole is continuously working to improve pedestrian and bike paths to enhance accessibility and encourage eco-friendly modes of transport.

Frequently Asked Questions About 1063 Forrest Ave

What is the listing price of this property?

The listing price of 1063 Forrest Ave property is $259,000.

What type of property is this?

The property 1063 Forrest Ave is a house located in Memphis, Tennessee, 38105.

Is this property for sale now?

Active Listing: 1063 Forrest Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,097 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1063 Forrest Ave has 4 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 1063 Forrest Ave is 1920.

Rocket Homes›Tennessee›Shelby County›Memphis›38105›1063 Forrest Ave

This home is located at 1063 Forrest Ave in Memphis, TN and zip code 38105. This home, which was built in 1920, sits on a 0.17 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 31, 2024 and is currently priced at $259,000.

Over 61 listings were sold over their listed price in December 2024 in Memphis, TN. In the same period over 237 listings were sold below the listed price and 97 listings were sold for the listed price. In December 2024 in Memphis, TN there were 1.5% more homes for sale than in November 2024. Listings spent 67 days on the market in December 2024, and had a median list price of $190,593 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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