new - 2 days on rocket

1245 Forrest Ave, Memphis, TN, 38104

$280,000

Home List Price

$3,325*

Closing Credit

6 Bedrooms
3 Full Baths
House

Location

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1245 Forrest Ave, Memphis$280,000

Buyer Closing Credits

$3,325*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad
Year Built1923
HeatingCentral
CoolingNone
MLS #10186896
Lot Size0.16 Acres
StatusActive

About 1245 Forrest Ave

This beautifully renovated home boasts a spacious open floor plan and eye-catching curb appeal. With 6 generously sized bedrooms and 3 full bathrooms, it offers plenty of room for comfortable living and entertaining. The property is move-in ready, ensuring a seamless transition for its new owners. Located in the vibrant heart of Midtown, this home is within walking distance to the iconic Concourse and features a backyard that backs up to a lively brewery, offering a unique and trendy setting. Enjoy the convenience of being just moments away from a wide variety of dining, shopping, and entertainment options, making it the perfect place to live, work, and play. Don’t miss out on this incredible opportunity—schedule your tour today and make this stunning property your new home!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1923
  • Stories: 1

Listing Office:

  • Office Name: Crye-Leike, Inc., REALTORS

Interior Features

Interior Information:

  • Flooring Type: Part Hardwood, Wood Laminate Floors, Tile

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Exterior: Wrought Iron Security Drs

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Few Trees, Level
  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: None

Other

Directions Information:

  • Directions: East on North Parkway, Right on Montgomery, left on Forrest, house on right

Price Information

Listing Price Info

Price Summary:

  • List Price: $280,000

Tax Information:

  • Annual Amount: $2,148
  • 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

$183K

# of Sold Homes

362

1245 Forrest Ave vs Memphis

2 DAYS ON ROCKET

$280,000

+$97K More

KEY TAKEAWAY

This property is $97K more than the Median Sold Price in Memphis, TN.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #10186896

Listing Office:

  • Office Name: Crye-Leike, Inc., REALTORS

Copyright© 2024 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: 12/21/2024, 8:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 26, 2000Home Sold
$49,900

Tax History

YEARPROP. TAXASSESSMENT
2021$2,148$29,675
2020$1,606$22,175
2019$1,606$22,175
2018$911$22,175
2017$917$22,175

History based on county public records data.

Payment Calculator

$1,465

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$906

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NMLS#3030

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-784113
3
/10

  • Memphis Scholars Caldwell-Guthrie (ASD)

  • 951 Chelsea Ave

  • 1.11 miles

  • Public Charter Grades PK-5

school-card-donut-784114
2
/10

  • Vollentine Elementary School

  • 1682 Vollintine Ave

  • 1.24 miles

  • Public Magnet Grades PK-5

school-card-donut-784115
4
/10

  • Bruce Elementary School

  • 581 S Bellevue Blvd

  • 1.49 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,688. Most Memphis, TN residents have annual incomes less than $35k. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1245 Forrest Ave

What is the listing price of this property?

The listing price of 1245 Forrest Ave property is $280,000.

What type of property is this?

The property 1245 Forrest Ave is a house located in Memphis, Tennessee, 38104.

Is this property for sale now?

Active Listing: 1245 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 $2,148 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 26, 2000 for $49,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1245 Forrest Ave has 6 bedrooms and 3 bathrooms.

Which year was this property built?

The year of construction for 1245 Forrest Ave is 1923.

Rocket Homes›Tennessee›Shelby County›Memphis›38104›1245 Forrest Ave

This home is located at 1245 Forrest Ave in Memphis, TN and zip code 38104 in the Medical District neighborhood. This home, which was built in 1923, sits on a 0.16 acre lot. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 19, 2024 and is currently priced at $280,000.

In November 2024 more than 45 listings in Memphis, TN were sold above the asking price. During the same period more than 98 listings were sold at asking price, while more than 218 were sold below. The number of homes for sale in Memphis, TN increased by 6.8% between October 2024 and November 2024.

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

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