NOT LISTED FOR SALE

1007 S Prescott St Memphis, TN 38111

Orange Mound Neighborhood

Estimated Value: $115,000 - $152,000

4 Beds
1 Bath
1,200-1,399 Sq Ft
$90/Sq Ft Est. Value

Last Sold July 10, 2023

Last sale price $132,000 $94 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $731/month

36 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Covered Patio or Porch
  • Wood Flooring
  • Den
  • Some Wood Windows

About This Home

As of July 2023

Great investment, Tenant occupied, Tenant pays $1,450 monthly rent, Lease Expires March 31, 2024, close to the University of Memphis, 4 BDRMS, 1 BA, or 3 BDRMS and a BONUS ROOM! LRG Kitchen, Refrigerator, Gas Stove, Sep Dining room, Hardwood Floors, New HVAC (2022), Laundry Closet w/ Washer/Dryer, covered porch, Iron Security Doors, Fenced backyard with single car garage (doesn't have automatic door) All Appliances STAY! Do Not Disturb Tenant. Property can be viewed with an accepted offer.

Last Agent to Sell the Property

Chastity Wamble

Moss Real Estate License #281207 Listed on: 05/09/2023

Last Buyer's Agent

Brett Bernard

The Stamps Real Estate Company License #346958

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $520

Year Built

  • Built in 1946

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 60x118
  • Wood Fence
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Vinyl Siding
  • Pier And Beam

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,239 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Separate Formal Living Room
  • Dining Room
  • Den

Kitchen

  • Oven or Range
  • Gas Cooktop

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Iron Doors

Parking

  • 1 Car Garage
  • Driveway

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Window Unit Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Park Grove 1St,2Nd,3Rd&4Th Subdivision

Listing and Financial Details

  • Assessor Parcel Number 059079 00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$520

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 757D
  • MAAR Subdivision Name: PARK GROVE
  • Number Of Stories: 1
  • Price Per Sq Ft: 106.54
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1239
  • Year Built: 1946
  • List Price/ Sq Ft: 121
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down, Primary Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedroom 4 Description: Level 1
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Floors/Ceilings: Part Hardwood, Tile
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Gas Cooking, Refrigerator, Washer, Dryer, Cable Wired
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den
  • Other Rooms: Laundry Closet
  • Total Bathrooms: 1
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Porch, Covered Patio, Wood Fence
  • Exterior Windows: Vinyl Siding, Wood Window(s), Storm Window(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 1
  • Parking Display: G1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central, Window Unit(s)
  • Heating: Central, Gas
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Wood Fenced
  • Lot Number: W PT 114
  • Acreage: 0.16
  • Lot Size: 60X118
  • Price Per Acre: 936875

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 059079 00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 6, 2024
Sold by
Dholakia Amish and Dholakia Sonali
Bought by
Dholakia Enterprises Llc
Current Estimated Value
$126,404

Purchase Details

Listed on
May 9, 2023
Closed on
Jul 10, 2023
Sold by
Weaver Josiah and Weaver Marisa
Bought by
Dholakia Amish and Dholakia Sonali
Seller's Agent
Chastity Wamble
Moss Real Estate
Buyer's Agent
Brett Bernard
The Stamps Real Estate Company
List Price
$149,900
Sold Price
$132,000
Premium/Discount to List
-$17,900
-11.94%
Views
102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.03%
Original Mortgage
$112,200
Interest Rate
6.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 2, 2022
Closed on
Oct 28, 2022
Sold by
Caples Brenda J
Bought by
Weaver Josiah and Laudadio Marisa
Seller's Agent
Monica Yarbrough
KAIZEN Realty, LLC
Buyer's Agent
Chastity Wamble
Moss Real Estate
List Price
$130,000
Sold Price
$94,900
Premium/Discount to List
-$35,100
-27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
61.32%

Purchase Details

Closed on
Aug 17, 2012
Sold by
Caples Samuel D
Bought by
Caples Brenda J
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Dholakia Enterprises Llc -- Title Assurance & Escrow
Dholakia Amish $132,000 Southern Trust Title
Weaver Josiah $94,900 Southern Trust Title
Caples Brenda J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dholakia Amish $112,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2023 07/10/23 Sold $132,000 -11.9% $110 / Sq Ft
06/14/2023 06/14/23 Pending -- -- --
05/09/2023 05/09/23 For Sale $149,900 +58.0% $125 / Sq Ft
10/31/2022 10/31/22 Sold $94,900 -5.0% $79 / Sq Ft
10/15/2022 10/15/22 Pending -- -- --
10/06/2022 10/06/22 Price Changed $99,900 -23.2% $83 / Sq Ft
08/02/2022 08/02/22 For Sale $130,000 -- $108 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $520 $34,050 $2,450 $31,600
2024 $520 $15,350 $1,000 $14,350
2023 $935 $15,350 $1,000 $14,350
2022 $935 $15,350 $1,000 $14,350
2021 $530 $15,350 $1,000 $14,350
2020 $848 $11,700 $1,000 $10,700
2019 $374 $11,700 $1,000 $10,700
2018 $374 $11,700 $1,000 $10,700
2017 $383 $11,700 $1,000 $10,700
2016 $509 $11,650 $0 $0
2014 $509 $11,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chastity Wamble

    Seller's Agent in 2023

    Chastity Wamble

    Moss Real Estate

    (901) 569-9024

    9 in this area

    46 Total Sales

    Section Image
  • Brett Bernard

    Buyer's Agent in 2023

    Brett Bernard

    The Stamps Real Estate Company

    (901) 692-7401

    11 in this area

    224 Total Sales

    Section Image

  • M

    Seller's Agent in 2022

    Monica Yarbrough

    KAIZEN Realty, LLC

    (901) 240-2848

    1 in this area

    21 Total Sales

    Section Image

  • D

    Seller Co-Listing Agent in 2022

    Devin Yarbrough

    C21 Patterson & Assoc. Real Es

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10147640

Memphis Area Association of REALTORS®

APN: 05-9079-0-0005

Tennessee Shelby County Memphis 38111 Orange Mound

1007 S Prescott St, Memphis, TN

This home is located at 1007 S Prescott St, Memphis, TN 38111 since 09 May 2023 and is currently estimated at $126,404, approximately $90 per square foot. This property was built in 1946. 1007 S Prescott St is a home located in Shelby County with nearby schools including Cherokee Elementary School, Sherwood Middle, and Melrose High School.

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