NOT LISTED FOR SALE

1120 Prescott Rd Memphis, TN 38111

Audubon Park Neighborhood

Estimated Value: $112,000 - $127,000

2 Beds
1 Bath
1,000-1,199 Sq Ft
$99/Sq Ft Est. Value

Last Sold October 04, 2021

Last sale price $55,000 $46 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $682/month

Highlights

  • Traditional Architecture
  • Some Wood Windows
  • Central Heating and Cooling System
  • Separate Formal Living Room
  • Porch
  • Partially Carpeted

About This Home

As of October 2021

Property being Sold AS-IS- Great investment opportunity.

Last Agent to Sell the Property

Juanita Mosby

BEST Real Estate Company License #279534 Listed on: 10/01/2021

BEST Real Estate Company

Last Buyer's Agent

Mark Saller

Reedy Group II, LLC License #239921

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $614

Year Built

  • Built in 1950

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 87x100
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,120 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Separate Formal Living Room
  • Partially Carpeted

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Driveway

Additional Features

  • Porch
  • Ground Level
  • Central Heating and Cooling System

Community Details

  • Radford Village 1St Subdivision

Listing and Financial Details

  • Assessor Parcel Number 059088 00001

Home Details

Home Type

Single Family

Est. Annual Taxes

$614

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Attached Unit Type: Ground Level-Single Story
  • Detached Unit Type: General Residential
  • MLS Map #: 758B
  • MAAR Subdivision Name: SHERWOOD FOREST
  • List Price Per Sq Ft: 49
  • Number Of Stories: 1
  • Price Per Sq Ft: 49.11
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1120
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Wood/Composition

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: E PT 39
  • Acreage: 0.2
  • Lot Size: 87X100
  • Price Per Acre: 275000

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 059088 00001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2022
Sold by
Memphis Investment Properties Iii Llc
Bought by
Williams Nathan S
Current Estimated Value
$119,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,720
Outstanding Balance
$78,349
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$40,686

Purchase Details

Listed on
Oct 1, 2021
Closed on
Oct 4, 2021
Sold by
Armstrong Aaron and Butler Family Trust
Bought by
Memphis Investment Properties Iii Llc
Seller's Agent
Juanita Mosby
BEST Real Estate Company
Buyer's Agent
Mark Saller
Reedy Group II, LLC
List Price
$55,000
Sold Price
$55,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.29%
Original Mortgage
$225,600
Interest Rate
2.28%
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
Williams Nathan S $105,900 Delta Title Services
Memphis Investment Properties Iii Llc $46,000 Delta Title Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Nathan S $84,720
Previous Owner Memphis Investment Properties Iii Llc $225,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2021 10/04/21 Sold $55,000 0.0% $55 / Sq Ft
10/01/2021 10/01/21 For Sale $55,000 -- $55 / 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 $614 $29,975 $4,525 $25,450
2024 $614 $18,100 $3,150 $14,950
2023 $1,103 $18,100 $3,150 $14,950
2022 $987 $16,200 $3,150 $13,050
2021 $440 $16,200 $3,150 $13,050
2020 $877 $12,100 $2,250 $9,850
2019 $387 $12,100 $2,250 $9,850
2018 $387 $12,100 $2,250 $9,850
2017 $396 $12,100 $2,250 $9,850
2016 $530 $12,125 $0 $0
2014 $530 $12,125 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Juanita Mosby

    Seller's Agent in 2021

    Juanita Mosby

    BEST Real Estate Company

    (901) 246-2941

    4 in this area

    22 Total Sales

    Juanita Mosby
    Section Image

  • M

    Buyer's Agent in 2021

    Mark Saller

    Reedy Group II, LLC

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10109789

Memphis Area Association of REALTORS®

APN: 05-9088-0-0001

Tennessee Shelby County Memphis 38111 Audubon Park

1120 Prescott Rd, Memphis, TN

This home is located at 1120 Prescott Rd, Memphis, TN 38111 since 01 October 2021 and is currently estimated at $119,035, approximately $99 per square foot. This property was built in 1950. 1120 Prescott Rd is a home located in Shelby County with nearby schools including Sherwood Elementary School, Sherwood Middle, and Melrose High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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