1253 Prescott Rd Memphis, TN 38111
Orange Mound NeighborhoodEstimated Value: $141,000 - $182,000
5
Beds
2
Baths
1,512
Sq Ft
$110/Sq Ft
Est. Value
Highlights
- No HOA
- Tile Flooring
- Property has 3 Levels
- Porch
- Central Heating and Cooling System
About This Home
As of May 2022Spacious floor plan with 4 bedrooms, 2 baths and a bonus room that could be used as 5th bedroom. Home is newly rehabbed with central air/heat, large backyard and onsite storage. Great investment property less than 2 miles from the University of Memphis. Could easily house 4-8 students.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $980
Year Built
- Built in 1947
Lot Details
- 0.3 Acre Lot
- Lot Dimensions are 75x175
Parking
- Parking Pad
Interior Spaces
- 1,512 Sq Ft Home
- Property has 3 Levels
- Tile Flooring
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Additional Features
- Porch
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- Chambers Prescott Subdivision
Listing and Financial Details
- Assessor Parcel Number 059090 00010
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 18, 2022
Closed on
May 31, 2022
Sold by
Bailey Woods
Bought by
Rooks Robert N
List Price
$150,000
Sold Price
$167,500
Premium/Discount to List
$17,500
11.67%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,134
Avg. Annual Appreciation
-0.20%
Original Mortgage
$152,000
Outstanding Balance
$144,201
Interest Rate
5.1%
Mortgage Type
Balloon
Estimated Equity
$22,165
Purchase Details
Closed on
Mar 28, 2022
Sold by
Marvin Woods
Bought by
Woods Bailey
Purchase Details
Closed on
Mar 22, 2016
Sold by
Woods Marvin and Woods Marquachauntia Artesise
Bought by
Woods Marvin and Woods Marquachauntia Artesise
Purchase Details
Closed on
Jun 18, 2015
Sold by
Woods Marvin
Bought by
Woods Marvin and Woods Marquachauntia Artesise
Purchase Details
Closed on
Jun 22, 2011
Sold by
Humphreys Japhinea and Rozier William
Bought by
Woods Marvin
Purchase Details
Closed on
Jan 31, 2007
Sold by
Humphreys Japhinea
Bought by
Humphreys Japhinea and Rozier Ii William
Purchase Details
Closed on
Jul 21, 2005
Sold by
Haynes T C
Bought by
Humphreys Japhinea
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,900
Interest Rate
5.57%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Mar 29, 2005
Sold by
Fannie Mae
Bought by
Haynes T C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 8, 2004
Sold by
Powell Ralph
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Oct 16, 2002
Sold by
Capitol Management Inc
Bought by
Powell Ralph
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,600
Interest Rate
6.21%
Purchase Details
Closed on
Oct 1, 2001
Sold by
Citifinancial Mtg Company Inc
Bought by
Capitol Management Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,200
Interest Rate
6.59%
Purchase Details
Closed on
May 31, 2001
Sold by
Perkins Aaron
Bought by
Associates Home Equity Services Inc
Purchase Details
Closed on
Jul 9, 1998
Sold by
Briggs Valerie J
Bought by
Perkins Aaron
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,650
Interest Rate
7.02%
Purchase Details
Closed on
Apr 30, 1998
Sold by
Rives Mason E
Bought by
Briggs Valerie J and Val Properties
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,400
Interest Rate
7.11%
Purchase Details
Closed on
Mar 31, 1998
Sold by
Rives Thomas Nelson
Bought by
Rives Mason Eldridge
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,400
Interest Rate
7.11%
Purchase Details
Closed on
Mar 30, 1998
Sold by
Rives Dorothy D
Bought by
Rives Mason Eldridge
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,400
Interest Rate
7.11%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rooks Robert N | $167,500 | Edco Title & Closing Services | |
| Woods Bailey | $55,000 | Preferred Title & Escrow | |
| Woods Marvin | -- | None Available | |
| Woods Marvin | -- | None Available | |
| Woods Marvin | $16,000 | Preferred Title & Escrow Llc | |
| Humphreys Japhinea | -- | None Available | |
| Humphreys Japhinea | $59,900 | Richmond Title Services | |
| Haynes T C | $35,000 | -- | |
| Federal National Mortgage Association | $45,325 | -- | |
| Powell Ralph | $67,000 | -- | |
| Capitol Management Inc | $32,000 | -- | |
| Associates Home Equity Services Inc | $39,900 | -- | |
| Perkins Aaron | $113,500 | -- | |
| Briggs Valerie J | $53,000 | -- | |
| Rives Mason Eldridge | -- | -- | |
| Rives Mason Eldridge | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rooks Robert N | $152,000 | |
| Previous Owner | Humphreys Japhinea | $44,900 | |
| Previous Owner | Haynes T C | $48,000 | |
| Previous Owner | Powell Ralph | $53,600 | |
| Previous Owner | Capitol Management Inc | $27,200 | |
| Previous Owner | Perkins Aaron | $91,650 | |
| Previous Owner | Briggs Valerie J | $42,400 | |
| Closed | Humphreys Japhinea | $15,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/31/2022 05/31/22 | Sold | $167,500 | +11.7% | $111 / Sq Ft |
| 04/26/2022 04/26/22 | Pending | -- | -- | -- |
| 04/18/2022 04/18/22 | For Sale | $150,000 | -- | $99 / Sq Ft |
Source: Realtracs
Tax History Compared to Growth
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 | $792 | $42,300 | $2,500 | $39,800 |
| 2024 | $792 | $23,375 | $1,250 | $22,125 |
| 2023 | $1,424 | $23,375 | $1,250 | $22,125 |
| 2022 | $1,033 | $16,950 | $1,250 | $15,700 |
| 2021 | $1,227 | $16,950 | $1,250 | $15,700 |
| 2020 | $980 | $13,525 | $1,250 | $12,275 |
| 2019 | $432 | $13,525 | $1,250 | $12,275 |
| 2018 | $432 | $13,525 | $1,250 | $12,275 |
| 2017 | $442 | $13,525 | $1,250 | $12,275 |
| 2016 | $534 | $12,225 | $0 | $0 |
| 2014 | $534 | $12,225 | $0 | $0 |
Source: Public Records
Map
Source: Realtracs
MLS Number: 3022772
APN: 05-9090-0-0010
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