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1225 Forest Ave; Memphis, TN Property Details

1225 Forest Ave, Memphis, TN is a Single Family that was built in 1920. This property is currently Financed and is not for sale. Our records show that 1225 Forest Ave has 5 bedrooms, and 2 bathrooms, and a total of 1,885 square feet. The lot size of 1225 Forest Ave is 5,227 square feet.

Off market
1225 Forest Ave Memphis, TN 38104
$121,500 Listing Price
5 Beds
2 Baths
1,885 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1920
  • Purchase Price: $121,500
  • Open Loans / Balance: 2 / $98,302
  • Est. Equity / %: $136,698 / 58.17%
  • Gross Yield: 8.094%
  • APN: 02-0002-0-0018
  • Situs County: Shelby
  • Length Of Ownership: 10 years

Rooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 10

Structure

  • Stories: 1.5
  • Exterior Wall Type: Brick veneer
  • Building Condition: Average
  • Building Quality: A
  • Roof Type: Hip
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 1,885/SqFt
  • Lot: 5,227/SqFt
  • Gross: 1,885/SqFt
  • Living: 1,885/SqFt
  • Building: 1,885/SqFt
  • Ground: 1,269/SqFt
  • Price Per Square Foot: $64.46

Legal Description

  • Description: SS FORREST AVE
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Shelby County School District
  • Lat / Lon: 35.15256 / -90.018394
  • Subdivision: Chandlers Addn To Spedway Terrace
  • Property Class: Residential
  • Zoning: RU-3
  • County Use Code: 062

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 6800
  • Bathroom Fixtures: 6
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Central

HOA

  • H O A One Name: Stockley Terrace Subdivision (Parcel 2)
  • H O A One Type: Home Owner Association
  • H O A Two Name: Chandler'S Addition To Speedway Terrace Subdivision (Parcel 1)
  • H O A Two Type: Home Owner Association

Ownership Info

1225 Forest Ave has no associated ownership info
1225 Forest Ave has no associated ownership info.

Taxes

1225 Forest Ave has 10 associated Taxes items

1225 Forest Ave, Memphis, TN pays taxes in Shelby County, TN. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $50,925. The APN we've located for 1225 Forest Ave is 02-0002-0-0018.

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Taxes
  • Assessed Value:  $50,925
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  02-0002-0-0018
  • Assessed Land Value:  6450
  • Market Land Value:  25800
  • Tax Amount:  1369.88
  • Tax Year:  2025
  • Market Value:  203700
  • Market Year:  2025

Tax History

1225 Forest Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $50,925 Land Value $6,450 Improvement Value $44,475 Tax Amount $1,369.88 Change Rate +0.059918% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $38,125 Land Value $3,675 Improvement Value $34,450 Tax Amount $1,292.44 Change Rate Assessed CR Tax Rate +0.0339%
Year 2023 Assessed Value $38,125 Land Value $3,675 Improvement Value $34,450 Tax Amount $1,292.44 Change Rate -0.443499% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $38,125 Land Value $3,675 Improvement Value $34,450 Tax Amount $2,322.44 Change Rate -0.01158% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $38,125 Land Value $3,675 Improvement Value $34,450 Tax Amount $2,349.65 Change Rate +0.171702% Assessed CR Tax Rate +0.06163%
Year 2020 Assessed Value $27,675 Land Value $3,675 Improvement Value $24,000 Tax Amount $2,005.33 Change Rate +1.267191% Assessed CR Tax Rate +0.07246%
Year 2019 Assessed Value $27,675 Land Value $3,675 Improvement Value $24,000 Tax Amount $884.5 Change Rate +0.000011% Assessed CR Tax Rate +0.03196%
Year 2018 Assessed Value $27,675 Land Value $3,675 Improvement Value $24,000 Tax Amount $884.49 Change Rate -0.023073% Assessed CR Tax Rate +0.03196%
Year 2017 Assessed Value $27,675 Land Value $3,675 Improvement Value $24,000 Tax Amount $905.38 Change Rate +0.227135% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $21,700 Land Value Improvement Value Tax Amount $737.8 Change Rate -0.221968% Assessed CR Tax Rate +0.034%
Year 2014 Assessed Value $21,700 Land Value Improvement Value Tax Amount $948.29 Change Rate +0.170757% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $809.98 Change Rate Assessed CR Tax Rate