NOT LISTED FOR SALE

3405 S Prescott Cir Memphis, TN 38111

Audubon Park Neighborhood

Estimated Value: $104,000 - $168,000

3 Beds
2 Baths
1,200-1,399 Sq Ft
$92/Sq Ft Est. Value

Last Sold September 03, 2021

Last sale price $60,000 $43 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $746/month

157 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Central Heating and Cooling System
  • Wood Flooring
  • Some Wood Windows
  • 1 Car Garage

About This Home

As of September 2021

Great opportunity by the U of M and just off the Highland Strip! THIS HOUSE NEEDS WORK IN THE INTERIOR. The Sellers are preferring a cash contract due to interior cosmetic issues. Seller is selling as-is, with no expectations of further repairs or warranties. Occupied for $883 with a lease ending on 4/30/2022. Tenant is not to be disturbed - no inspections until accepted contract and confirmation of receipt of EMD. No wholesaler offers; they will be rejected.

Last Agent to Sell the Property

Randall Weatherall

Memphis Metro Realty License #348070 Listed on: 02/25/2021

Last Buyer's Agent

Randall Weatherall

Memphis Metro Realty License #348070 Listed on: 02/25/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $569

Year Built

  • Built in 1940

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50x115
  • Level Lot

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,351 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Separate Formal Living Room
  • Wood Flooring
  • Iron Doors

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Garage
  • Front Facing Garage

Utilities

  • Central Heating and Cooling System

Community Details

  • Prescott Circle Subdivision

Listing and Financial Details

  • Assessor Parcel Number 045116 00024

Home Details

Home Type

Single Family

Est. Annual Taxes

$569

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 #: 757B
  • MAAR Subdivision Name: PRESCOTT CIR
  • List Price Per Sq Ft: 67
  • Number Of Stories: 1
  • Price Per Sq Ft: 44.41
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1351
  • 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: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Wood/Composition
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 1
  • Parking Display: G1
  • Parking Storage: Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Level
  • Lot Number: 19
  • Acreage: 0.13
  • Lot Size: 50X115
  • Price Per Acre: 691538

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 045116 00024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 23, 2023
Sold by
International Immobiliare Llc
Bought by
M S Asset Management Llc
Current Estimated Value
$128,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 25, 2021
Closed on
Aug 31, 2021
Sold by
Jaghunt Llc
Bought by
International Immobiliare Llc
Seller's Agent
Randall Weatherall
Memphis Metro Realty
Buyer's Agent
Randall Weatherall
Memphis Metro Realty
List Price
$89,900
Sold Price
$60,000
Premium/Discount to List
-$29,900
-33.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.34%
Original Mortgage
$68,500
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 2010
Sold by
Brown Andrew
Bought by
Jaghunt Llc

Purchase Details

Closed on
Mar 19, 2007
Sold by
Feol Robert
Bought by
Brown Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,730
Interest Rate
6.27%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 28, 2006
Sold by
Hsbc Bank Usa Na
Bought by
Feol Robert C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,600
Interest Rate
6.33%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 27, 2006
Sold by
Hardman Portia
Bought by
Hsbc Bank Usa Na and First Nlc Trust 2005-1 Callable Mortgage

Purchase Details

Closed on
Jan 26, 2005
Sold by
Saine Tekelia
Bought by
Hardman Portia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
7.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 7, 2003
Sold by
Sales Veronica E and Pruitt Aubrey Q
Bought by
Hud

Purchase Details

Closed on
Sep 5, 1997
Sold by
Mcowen Charles David
Bought by
Sales Veronica E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,316
Interest Rate
7.39%
Mortgage Type
FHA
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
M S Asset Management Llc $110,000 Delta Title Services
International Immobiliare Llc $60,000 Local Title Llc
Jaghunt Llc $25,000 Mid South Title Services Llc
Brown Andrew $89,700 None Available
Feol Robert C $58,900 Us Land Title
Hsbc Bank Usa Na $69,750 None Available
Hardman Portia $80,000 Assured Escrow & Title
Hud $73,655 --
Sales Veronica E $62,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ms Asset Management Llc $135,000
Closed M S Asset Management Llc $157,500
Closed M S Asset Management Llc $150,000
Previous Owner International Immobiliare Llc $68,500
Previous Owner Brown Andrew $80,730
Previous Owner Feol Robert C $61,600
Previous Owner Hardman Portia $64,000
Previous Owner Saine Tekelia N $51,100
Previous Owner Suine Tekelia $58,600
Previous Owner Sales Veronica E $62,316
Closed Hardman Portia $16,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2021 09/03/21 Sold $60,000 -33.3% $50 / Sq Ft
08/01/2021 08/01/21 Pending -- -- --
06/16/2021 06/16/21 For Sale $89,900 0.0% $75 / Sq Ft
05/10/2021 05/10/21 Pending -- -- --
04/14/2021 04/14/21 Price Changed $89,900 -5.3% $75 / Sq Ft
02/25/2021 02/25/21 For Sale $94,900 -- $79 / 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 $569 $33,725 $3,050 $30,675
2024 $569 $16,775 $1,250 $15,525
2023 $1,022 $16,775 $1,250 $15,525
2022 $1,022 $16,775 $1,250 $15,525
2021 $455 $16,775 $1,250 $15,525
2020 $870 $12,000 $1,250 $10,750
2019 $384 $12,000 $1,250 $10,750
2018 $384 $12,000 $1,250 $10,750
2017 $393 $12,000 $1,250 $10,750
2016 $565 $12,925 $0 $0
2014 $565 $12,925 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Randall Weatherall

    Seller's Agent in 2021

    Randall Weatherall

    Memphis Metro Realty

    (731) 487-5843

    18 in this area

    208 Total Sales

    Randall Weatherall
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10093899

Memphis Area Association of REALTORS®

APN: 04-5116-0-0024

Tennessee Shelby County Memphis 38111 Audubon Park

3405 S Prescott Cir, Memphis, TN

This home is located at 3405 S Prescott Cir, Memphis, TN 38111 since 25 February 2021 and is currently estimated at $128,349, approximately $91 per square foot. This property was built in 1940. 3405 S Prescott Cir is a home located in Shelby County with nearby schools including Sherwood Elementary School, Sherwood Middle, and Melrose High School.

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