NOT LISTED FOR SALE

1145 S Prescott St Memphis, TN 38111

Orange Mound Neighborhood

Estimated Value: $147,000 - $264,815

2 Beds
2 Baths
1,200 Sq Ft
$171/Sq Ft Est. Value

Last Sold August 03, 2014

Last sale price $60,975 $51 Per Sq Ft

Est. 246% increase in value since last sale

Current estimated payment $1,214/month

90 Days on Market

Highlights

  • Traditional Architecture
  • Some Wood Windows
  • Storm Windows
  • Wood Flooring
  • Eat-In Kitchen
  • 4-minute walk to Sherwood Park

About This Home

As of August 2014

Amazing Investment Opportunity!! 100% Occupied. $1,135 Monthly Rent. Long Term Tenant In Place. Well Maintained. All Brick Exterior. Updated HVAC. Newer Roof. Great Cash Flow Property. Do Not Disturb Tenants. This One Won't Last At This Price!!

Last Agent to Sell the Property

Kris Gavin

Crye-Leike, Inc., REALTORS License #301066 Listed on: 04/03/2014

Last Buyer's Agent

Kris Gavin

Crye-Leike, Inc., REALTORS License #301066 Listed on: 04/03/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1966

Lot Details

  • 7,362

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • Powder Room
  • 1,200 Sq Ft Home
  • 1-Story Property
  • Popcorn or blown ceiling
  • Some Wood Windows
  • Window Treatments
  • Dining Area

Kitchen

  • Eat-In Kitchen
  • Free-Standing Range
  • Recirculated Exhaust Fan
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Vinyl

Home Security

  • Storm Windows
  • Storm Doors

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Patio
  • Level Lot

Community Details

  • Barron Grove Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 059087 00074

Property Details

Home Type

Multi-Family

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • MLS Map #: 757D
  • MAAR Subdivision Name: BARRON GROVE
  • List Price Per Sq Ft: 58
  • Number Of Stories: 1
  • Price Per Sq Ft: 50.81
  • Estimated Sq Ft: 1200
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Part Hardwood, Part Carpet, Vinyl Floor, Sprayed Ceiling
  • Appliances Equipment: Refrigerator, Range/Oven (Freestanding), Disposal, Dishwasher, Exhaust Fan/Vent Hood
  • Estimated Entire Duplex Sq Ft: Not Available
  • Miscellaneous Interior: Excl Some Window Treatmnt, Powder/Dressing Room, Cable Wired

Exterior Features

  • Misc Exterior: Patio, Separate Meters
  • Exterior Windows: Brick Veneer, Wood Window(s), Storm Window(s), Storm Door(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Cooling: Central Cooling
  • Heating: Central
  • Hot Water: Electric

Lot Info

  • Lot Description: Level
  • Lot Number: 22

Rental Info

  • Tenants Pay: All Utilities
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 059087 00074

Multi Family

  • Perc Occ: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2024
Sold by
Mid South Home Buyers Gp and Mid South Homebuyers Llc
Bought by
Hartmann Schedel Llc
Current Estimated Value
$211,166

Purchase Details

Closed on
Dec 7, 2023
Sold by
Windless Kisha and Windless Eric
Bought by
Mid South Homebuyers Gp

Purchase Details

Listed on
Apr 3, 2014
Closed on
Aug 4, 2014
Sold by
Mmre Llc
Bought by
Windless Kisha Lavette and Windless Eric
Seller's Agent
Kris Gavin
Crye-Leike, Inc., REALTORS
Buyer's Agent
Kris Gavin
Crye-Leike, Inc., REALTORS
List Price
$69,000
Sold Price
$60,975
Premium/Discount to List
-$8,025
-11.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.58%
Original Mortgage
$59,869
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 12, 2006
Sold by
Jacobson Kurt and Okabe Atsuko
Bought by
Mmre Llc

Purchase Details

Closed on
Jan 12, 2006
Sold by
Wright Peggy Mcdowell
Bought by
Jacobson Kurt and Okabe Atsuko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
6.22%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hartmann Schedel Llc $263,800 None Listed On Document
Mid South Homebuyers Gp $100,000 None Listed On Document
Windless Kisha Lavette $60,975 Realty Title & Escrow Co Inc
Mmre Llc -- West Tennessee Title
Jacobson Kurt $102,000 West Tennessee Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Windless Kisha Lavette $2,284
Previous Owner Windless Kisha Lavette $13,409
Previous Owner Windless Kisha Lavette $59,869
Previous Owner Jacobson Kurt $57,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2014 08/03/14 Sold $60,975 -11.6% $51 / Sq Ft
07/02/2014 07/02/14 Pending -- -- --
04/03/2014 04/03/14 For Sale $69,000 -- $58 / 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 -- $105,200 $3,920 $101,280
2024 $697 $32,920 $1,600 $31,320
2023 $1,253 $20,575 $1,000 $19,575
2022 $1,253 $20,575 $1,000 $19,575
2021 $1,268 $20,575 $1,000 $19,575
2020 $1,313 $18,125 $1,000 $17,125
2019 $1,313 $18,125 $1,000 $17,125
2018 $1,313 $18,125 $1,000 $17,125
2017 $745 $18,125 $1,000 $17,125
2016 $666 $15,250 $0 $0
2014 $1,566 $35,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2014

    Kris Gavin

    Crye-Leike

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3294048

Memphis Area Association of REALTORS®

APN: 05-9087-0-0074

Tennessee Shelby County Memphis 38111 Orange Mound

1145 S Prescott St, Memphis, TN

This home is located at 1145 S Prescott St, Memphis, TN 38111 since 03 April 2014 and is currently estimated at $205,704, approximately $171 per square foot. This property was built in 1966. 1145 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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