NOT LISTED FOR SALE

1537 S Prescott St Memphis, TN 38111

Orange Mound Neighborhood

Estimated Value: $88,000 - $136,000

3 Beds
2 Baths
1,638 Sq Ft
$64/Sq Ft Est. Value

Last Sold October 08, 2020

Last sale price $35,000 $21 Per Sq Ft

Est. 200% increase in value since last sale

Current estimated payment $618/month

702 Days on Market

Highlights

  • 0.56 Acre Lot
  • Wood Flooring
  • Porch
  • Traditional Architecture
  • Some Wood Windows
  • Patio

About This Home

As of October 2020

Tenant occupied home on large lot in East Memphis. Please do not disturb tenant--drive by only. This is a great opportunity to buy a cash flowing investment property. Home has 3 bedrooms, 2 bathrooms, and seller has made repairs. Home is professionally managed. This could be an excellent addition to your investment portfolio. Make offers contingent on interior access. Very good price for an East Memphis home with 3 bedrooms, 2 bathrooms. Home has a covered front porch & big laundry room.

Last Agent to Sell the Property

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080 Listed on: 09/25/2018

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Elizabeth Castillo

BEST Real Estate Company License #326603

BEST Real Estate Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $550

Year Built

  • Built in 1940

Lot Details

  • 0.56 Acre Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,638 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Porch

Community Details

  • Elam Subdivision

Listing and Financial Details

  • Assessor Parcel Number 059099 00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$550

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 757F
  • MAAR Subdivision Name: CHEROKEE
  • List Price Per Sq Ft: 21
  • Number Of Stories: 1
  • Price Per Sq Ft: 21.37
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1638
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Tile
  • Full Bathrooms: 2
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Porch, Patio
  • Exterior Windows: Brick Veneer, Wood/Composition

Garage/Parking

  • Parking Storage: Driveway/Pad

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 3
  • Acreage: 0.56
  • Lot Size: 0.56
  • Price Per Acre: 62500

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 059099 00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2018
Closed on
Oct 1, 2020
Sold by
Asker Estate Llc
Bought by
Crisostomo Eduardo Jiguan and Crisostomo Rafael Maria
Seller's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Elizabeth Castillo
BEST Real Estate Company
List Price
$35,000
Sold Price
$35,000
Current Estimated Value
$104,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,851
Avg. Annual Appreciation
25.27%

Purchase Details

Closed on
May 24, 2017
Sold by
Asker Jamal N
Bought by
Askerstate Llc

Purchase Details

Closed on
May 15, 2016
Sold by
County Of Shelby
Bought by
Asker Jamal N

Purchase Details

Closed on
Jan 17, 2008
Sold by
Howell Jeff
Bought by
Murphy Brandon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.06%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 14, 2008
Sold by
Nicks Travis
Bought by
Howell Jeff

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.06%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 7, 2008
Sold by
Howell Jeff
Bought by
Nicks Travis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.06%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 2, 2008
Sold by
Deutsche Bank Trust Co Americas
Bought by
Howell Jeff

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.06%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 11, 2007
Sold by
Clark David
Bought by
Deutsche Bank Trust Co Americas and Ixis 2006-He1

Purchase Details

Closed on
Oct 28, 2005
Sold by
Lyles Ricky
Bought by
Clark David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,500
Interest Rate
9.04%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 8, 2004
Sold by
Capital Management Inc
Bought by
Lyles Ricky

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,600
Interest Rate
9.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 6, 2002
Sold by
Wicker Mark R
Bought by
Hud

Purchase Details

Closed on
Sep 3, 1998
Sold by
Addison Donnell L and Addison Andrea Mayfield
Bought by
Wallace Donald

Purchase Details

Closed on
Jan 31, 1997
Sold by
Wicker Mark R and Wicker Gale
Bought by
Addison Donnell L and Addison Andrea M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500
Interest Rate
7.88%
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
Crisostomo Eduardo Jiguan $35,000 Memphis Title Co
Askerstate Llc -- None Available
Asker Jamal N $6,700 None Available
Murphy Brandon -- None Available
Howell Jeff -- None Available
Nicks Travis -- None Available
Howell Jeff $14,500 None Available
Deutsche Bank Trust Co Americas $51,000 None Available
Clark David $70,000 Assured Escrow & Title
Lyles Ricky $57,000 Assured Escrow & Title
Hud $51,700 --
Wallace Donald $48,961 --
Addison Donnell L $48,873 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Murphy Brandon L $60,000
Previous Owner Clark David $59,500
Previous Owner Lyles Ricky $45,600
Previous Owner Capitol Management Inc $22,400
Previous Owner Addison Donnell L $1,500
Closed Clark David $7,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2020 10/08/20 Sold $35,000 0.0% $21 / Sq Ft
08/27/2020 08/27/20 Pending -- -- --
08/12/2020 08/12/20 For Sale $35,000 0.0% $21 / Sq Ft
08/06/2020 08/06/20 Pending -- -- --
07/16/2019 07/16/19 For Sale $35,000 0.0% $21 / Sq Ft
07/05/2019 07/05/19 Pending -- -- --
09/25/2018 09/25/18 For Sale $35,000 -- $21 / 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 $550 $22,850 $3,150 $19,700
2024 $550 $16,225 $1,250 $14,975
2023 $988 $16,225 $1,250 $14,975
2022 $988 $16,225 $1,250 $14,975
2021 $1,175 $16,225 $1,250 $14,975
2020 $792 $10,925 $1,250 $9,675
2019 $349 $10,925 $1,250 $9,675
2018 $349 $10,925 $1,250 $9,675
2017 $357 $10,925 $1,250 $9,675
2016 $477 $0 $0 $0
2014 $477 $10,925 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tyler Tapley

    Seller's Agent in 2020

    Tyler Tapley

    Crye-Leike, Inc., REALTORS

    (901) 871-1290

    58 in this area

    1,227 Total Sales

    Section Image

  • E

    Buyer's Agent in 2020

    Elizabeth Castillo

    BEST Real Estate Company

    (901) 497-4957

    6 in this area

    116 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10037276

Memphis Area Association of REALTORS®

APN: 05-9099-0-0005

Tennessee Shelby County Memphis 38111 Orange Mound

1537 S Prescott St, Memphis, TN

This home is located at 1537 S Prescott St, Memphis, TN 38111 since 25 September 2018 and is currently estimated at $104,851, approximately $64 per square foot. This property was built in 1940. 1537 S Prescott St is a home located in Shelby County with nearby schools including Cherokee 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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