Skip to content
Skip to content
TopHapOpen in map
Single Family ResidenceResidential
$205,288$145 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 95How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $225,000 on Sep 7, 2021

1240 FOREST AVE

MEMPHIS, TN 38104
3
Beds
1.5
Baths
1,414 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.17 ac
Lot SizeThe size of the land the home sits on, from county records.
1910
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
6
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$205K
$195K low$216K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$225,000 · Sep 7, 2021

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,509 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$56,100 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$8,325
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$47,775
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$37,875
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$224,400

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.22
52
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
29
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
33
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.16 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Bungalow
CountySHELBY
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.1999
Lot (acres)The size of the land the home sits on, from county records.0.17
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.Raised (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Composition Shingle
HeatingThe type of heating system in the home.Central
CoolingThe type of cooling or air conditioning in the home.Central
FireplaceWhether the home has a fireplace, and what kind.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Detached
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Shed · 280 ft²Patio · 60 ft²Porch · 274 ft²

Transaction History(4)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Snowden SchoolB-
Elementary · Grades PK–8 · 1.2 mi
H
Manassas High SchoolD
High · Grades 9–12 · 1.5 mi

District: Memphis-Shelby County Schools

Neighborhood · ZIP 38104These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.151
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.133
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.286

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.89%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.30%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.13%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.4%
PopulationHow many people live in this area.22,229
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.4,273 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$63,607
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$91,406
Average tempThe average temperature here across a full year.61°F
Annual precipHow much rain and melted snow falls here in a typical year.54 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.64%

Owner Tools

Do you own this home?
Claim this home

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

1240 Forest Ave measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 72% of homes in Medical District
  • Costs more per square foot than 90% of homes in Medical District
  • Smaller than 71% of homes in Memphis 38104
  • Has a smaller lot than 74% of homes in Shelby County
  • Among the oldest homes in Shelby County

What homes are worth in Memphis 38104

Each bar is how many homes fall in that price range. The marker is this home.

This home
$58K$943K

This home is worth more than 29% of homes in Memphis 38104.

How it measures up in Memphis 38104

The dot is this home. The mark in the middle is the typical home in Memphis 38104.

Estimated value$205,288
CheaperTypical $263,194Pricier

Pricier than 29% of homes nearby

Price per ft²$145
CheaperTypical $150Pricier

Pricier than 45% of homes nearby

Living area1,414 ft²
SmallerTypical 1,895 ft²Bigger

Bigger than 29% of homes nearby

Lot size0.17 ac
SmallerTypical 0.17 acBigger

Bigger than 57% of homes nearby

Year built1910
OlderTypical 1922Newer

Newer than 17% of homes nearby

How 1240 Forest Ave ranks against every home in each area.
MeasureThis homeMedical DistrictMemphis 38104Shelby County
Estimated valuepricier than$205,28872% of homes29% of homes49% of homes
Price per ft²pricier than$14590% of homes45% of homes72% of homes
Living areabigger than1,414 ft²34% of homes29% of homes35% of homes
Lot sizebigger than0.17 ac50% of homes57% of homes26% of homes
Year builtnewer than191016% of homes17% of homesalmost no homes

About 1240 Forest Ave

How much is 1240 Forest Ave, Memphis, TN worth?

The TopHap Estimate for 1240 Forest Ave, Memphis, TN is $205,288 as of Sep 24, 2026. The likely range is $194,567 to $216,009. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 1240 Forest Ave, Memphis, TN last sell?

1240 Forest Ave, Memphis, TN last sold on Sep 7, 2021 for $225,000, according to the county's recorded deed. TopHap holds 4 recorded sales for this parcel.

How big is 1240 Forest Ave, Memphis, TN?

1240 Forest Ave, Memphis, TN has 3 bedrooms, 1.5 bathrooms, 1,414 square feet of living space and a 0.17-acre lot.

When was 1240 Forest Ave, Memphis, TN built?

1240 Forest Ave, Memphis, TN was built in 1910, making it 116 years old. It is a bungalow home. The building has 1 story.

What schools serve 1240 Forest Ave, Memphis, TN?

1240 Forest Ave, Memphis, TN is assigned to Snowden School (elementary), rated B-; Manassas High School (high), rated D. All sit in Memphis-Shelby County Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 1240 Forest Ave, Memphis, TN compare to other homes in Memphis 38104?

Among the 6,615 homes in Memphis 38104, it is worth more than 29% of them ($205,288 against a typical $263,194), its price per square foot is higher than 45% of them ($145 against a typical $150), it is bigger than 29% of them (1,414 ft² against a typical 1,895 ft²), its lot is bigger than 57% of them (0.17 ac against a typical 0.17 ac) and it is newer than 17% of them (1910 against a typical 1922). Measured against all of Shelby County, it is worth more than 49% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 1240 Forest Ave, Memphis, TN?

The 2025 property tax bill for 1240 Forest Ave, Memphis, TN was $1,509. The county assessed it at $56,100.

More homes on Forest Ave

Closest homes

More homes in Memphis 38104

Assigned schools

Explore the area

See this home in context

Open 1240 Forest Ave on TopHap’s interactive map to compare it against every sale nearby, overlay school zones and flood risk, and run a CMA.

Open in map
A flyover of TopHap's photorealistic 3D map, with recorded sale prices pinned to homes
Search any address, city, zip, or county…3D$1.9M$6.25MOpen in map