NOT LISTED FOR SALE

Estimated Value: $97,000 - $142,000

3 Beds
1 Bath
1,404 Sq Ft
$85/Sq Ft Est. Value

Last Sold July 14, 2014

Last sale price $15,000 $11 Per Sq Ft

Est. 692% increase in value since last sale

Current estimated payment $667/month

Highlights

  • 1 Fireplace
  • Eat-In Kitchen
  • Ceiling Fan
  • Some Wood Windows
  • Outdoor Storage
  • Floor Furnace

About This Home

As of July 2014

This home is located at 1616 S Prescott St, Memphis, TN 38111 since 01 June 2014 and is currently estimated at $118,791, approximately $84 per square foot. This property was built in 1952. 1616 S Prescott St is a home located in Shelby County with nearby schools including Sharpe Elementary School, Sherwood Middle, and Overton High.

Last Agent to Sell the Property

Dianna McCutcheon

Crye-Leike of MS License #312989 Listed on: 06/01/2014

Crye-Leike of MS

Last Buyer's Agent

Angela Cage

Harris & Harris Realty Group License #320265

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $542

Year Built

  • Built in 1952

Lot Details

  • 10,019 Sq Ft Lot
  • Few Trees

Interior Spaces

  • 1,404 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Some Wood Windows
  • Eat-In Kitchen

Flooring

  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway

Outdoor Features

  • Outdoor Storage

Utilities

  • Window Unit Cooling System
  • Floor Furnace
  • Heating System Uses Gas

Community Details

  • Elam Subdivision

Listing and Financial Details

  • Assessor Parcel Number 058017 00001

Home Details

Home Type

Single Family

Est. Annual Taxes

$542

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Ranch
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: ELAM
  • List Price Per Sq Ft: 14
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1404
  • Year Built: 1952
  • 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 Carpet, Vinyl Floor
  • Full Bathrooms: 1
  • Living Dining Kitchen: Eat-In Kitchen
  • Number Of Fireplaces: 1

Exterior Features

  • Misc Exterior: Storage Building
  • Exterior Windows: Wood/Composition

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Window Unit(s), Ceiling Fan(s)
  • Heating: Gas, Floor Furnace

Lot Info

  • Lot Description: Some Trees
  • Lot Number: PT 3
  • Acreage: 0.23
  • Lot Size: 86.2/108.2 X 121.7/133.66

Tax Info

  • Assessor Parcel Number: 058017 00001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2014
Sold by
Td & Tn Llc
Bought by
L & B Properties Llc
Current Estimated Value
$118,791

Purchase Details

Listed on
Jun 1, 2014
Closed on
Jul 14, 2014
Sold by
Hardy Darrell Keith
Bought by
Td & Tn Llc
Seller's Agent
Dianna McCutcheon
Crye-Leike of MS
Buyer's Agent
Angela Cage
Harris & Harris Realty Group
List Price
$24,900
Sold Price
$15,000
Premium/Discount to List
-$9,900
-39.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.10%

Purchase Details

Closed on
Nov 29, 1999
Sold by
Hardy Kim Loretta
Bought by
Hardy Darrell Keith
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
L & B Properties Llc $23,000 Multiple
Td & Tn Llc $15,000 Multiple
Hardy Darrell Keith -- Memphis Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2014 07/14/14 Sold $15,000 -39.8% $11 / Sq Ft
06/25/2014 06/25/14 Pending -- -- --
06/01/2014 06/01/14 For Sale $24,900 -- $18 / 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 $542 $27,525 $1,850 $25,675
2024 $542 $16,000 $1,475 $14,525
2023 $975 $16,000 $1,475 $14,525
2022 $975 $16,000 $1,475 $14,525
2021 $986 $16,000 $1,475 $14,525
2020 $783 $10,800 $1,475 $9,325
2019 $783 $10,800 $1,475 $9,325
2018 $783 $10,800 $1,475 $9,325
2017 $444 $10,800 $1,475 $9,325
2016 $412 $9,425 $0 $0
2014 $393 $9,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9927956

Memphis Area Association of REALTORS®

APN: 05-8017-0-0001