NOT LISTED FOR SALE

1340 S Prescott St Memphis, TN 38111

Audubon Park Neighborhood

Estimated Value: $103,000 - $160,000

3 Beds
2 Baths
1,800-1,999 Sq Ft
$64/Sq Ft Est. Value

Last Sold August 17, 2018

Last sale price $43,000 $22 Per Sq Ft

Est. 199% increase in value since last sale

Current estimated payment $744/month

Highlights

  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Separate Formal Living Room
  • Wood Flooring
  • 1 Fireplace
  • Great Room

About This Home

As of August 2018

Perfect Starter Home or Rental Investment. Spacious throughout, minor cosmetic upgrades to suit new owner. This home has an upstairs balcony, a carport for two vehicles with an attached large storage room, and plenty of driveway way parking. Cash offers highly considered, timeline sale, motivated seller. (As-is sale)

Last Agent to Sell the Property

Moses Villarreal

KAIZEN Realty, LLC License #338894 Listed on: 07/20/2018

KAIZEN Realty, LLC

Last Buyer's Agent

Moses Villarreal

KAIZEN Realty, LLC License #338894 Listed on: 07/20/2018

KAIZEN Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $709

Year Built

  • Built in 1951

Lot Details

  • 8,712 Sq Ft Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 1,932 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Great Room
  • Separate Formal Living Room
  • Den
  • Storage Room
  • Iron Doors

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway

Outdoor Features

  • Porch

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas

Community Details

  • Gotten H B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 058007 00031

Home Details

Home Type

Single Family

Est. Annual Taxes

$709

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 758D
  • MAAR Subdivision Name: H B GOTTEN
  • List Price Per Sq Ft: 35
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 22.26
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1932
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedrooms: 3
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Hardwood, Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Den, Great Room, Eat-In Kitchen, Breakfast Bar, Pantry
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Vinyl Siding

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad, Storage Room(s)

Utilities

  • Cooling: Window Unit(s), Ceiling Fan(s)
  • Heating: Gas
  • Security: Iron Door(s)

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 3
  • Acreage: 0.2
  • Lot Size: 75.5/76.15 X 125/115
  • Price Per Acre: 337500

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 058007 00031

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2018
Closed on
Aug 17, 2018
Sold by
Banis Charles
Bought by
Capstone Real Estate Parters Llc
Seller's Agent
Moses Villarreal
KAIZEN Realty, LLC
Buyer's Agent
Moses Villarreal
KAIZEN Realty, LLC
List Price
$67,500
Sold Price
$43,000
Premium/Discount to List
-$24,500
-36.3%
Current Estimated Value
$128,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,633
Avg. Annual Appreciation
16.56%

Purchase Details

Listed on
Dec 30, 2011
Closed on
Apr 9, 2012
Sold by
The Bank Of New York Mellon
Bought by
Banis Charlie
Seller's Agent
Chris Mosby
ResiAmerica, Inc.
Buyer's Agent
Chris Mosby
ResiAmerica, Inc.
List Price
$34,000
Sold Price
$14,900
Premium/Discount to List
-$19,100
-56.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.16%

Purchase Details

Closed on
Dec 9, 2011
Sold by
Hollins Keith Lavell and Swindle Charisma
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Nov 10, 2004
Sold by
Tate Sylvester
Bought by
Hollins Keith and Swindle Charisma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,920
Interest Rate
6.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 2004
Sold by
Bank One Na
Bought by
Tate Sylvester

Purchase Details

Closed on
Feb 27, 2004
Sold by
Freeman James B
Bought by
Bank One Na and The First National Bank Of Chicago
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
Capstone Real Estate Parters Llc $43,000 None Available
Banis Charlie $14,900 None Available
The Bank Of New York Mellon $25,200 None Available
Hollins Keith $79,900 Chicago Title Insurance Co
Tate Sylvester $34,900 --
Bank One Na $73,950 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hollins Keith $63,920
Closed Hollins Keith $15,980
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/17/2018 08/17/18 Sold $43,000 -36.3% $24 / Sq Ft
08/05/2018 08/05/18 Pending -- -- --
07/20/2018 07/20/18 For Sale $67,500 +353.0% $38 / Sq Ft
04/11/2012 04/11/12 Sold $14,900 -56.2% $8 / Sq Ft View Prior Sale
03/09/2012 03/09/12 Pending -- -- --
12/30/2011 12/30/11 For Sale $34,000 -- $19 / 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 $709 $30,950 $3,825 $27,125
2024 $709 $20,900 $2,700 $18,200
2023 $1,273 $20,900 $2,700 $18,200
2022 $1,273 $20,900 $2,700 $18,200
2021 $1,288 $20,900 $2,700 $18,200
2020 $1,205 $16,625 $2,700 $13,925
2019 $531 $16,625 $2,700 $13,925
2018 $531 $16,625 $2,700 $13,925
2017 $544 $16,625 $2,700 $13,925
2016 $678 $15,525 $0 $0
2014 $678 $15,525 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Moses Villarreal

    Seller's Agent in 2018

    Moses Villarreal

    KAIZEN Realty, LLC

    (901) 650-7690

    4 in this area

    34 Total Sales

    Moses Villarreal
    Section Image
  • Chris Mosby

    Seller's Agent in 2012

    Chris Mosby

    ResiAmerica, Inc.

    (901) 830-7200

    11 in this area

    381 Total Sales

    Chris Mosby
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10032296

Memphis Area Association of REALTORS®

APN: 05-8007-0-0031

Tennessee Shelby County Memphis 38111 Audubon Park

1340 S Prescott St, Memphis, TN

This home is located at 1340 S Prescott St, Memphis, TN 38111 since 20 July 2018 and is currently estimated at $128,633, approximately $64 per square foot. This property was built in 1951. 1340 S Prescott St is a home located in Shelby County with nearby schools including Sherwood Elementary School, Sherwood Middle, and Melrose High School.

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