NOT LISTED FOR SALE

3618 Prescott Rd Memphis, TN 38118

Oakhaven Neighborhood

Estimated Value: $167,000 - $199,278

4 Beds
2.5 Baths
2,200-2,399 Sq Ft
$77/Sq Ft Est. Value

Last Sold October 27, 2023

Last sale price $210,000 $88 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $1,091/month

86 Days on Market

Highlights

  • 0.45 Acre Lot
  • 2 Fireplaces
  • 1-Story Property

About This Home

As of October 2023

Don't miss this stunning renovated property. This seller has done a fantastic job at getting his home in excellent condition for the next homeowner. With a large lot, you will have plenty of privacy to enjoy. Any new buyer will enjoy the brand new floors, updated kitchen and bathrooms will make an easy transition into your new home! Schedule your showing today!

Last Agent to Sell the Property

Dean Harris

CrestCore Realty MphsBrokerage License #286759 Listed on: 08/02/2023

Last Buyer's Agent

Jo Carol Pratt

Neighborhood Asst Corp of Amer License #331811

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,213

Year Built

  • Built in 1947

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 100x200

Parking

  • 2 Parking Spaces

Interior Spaces

  • 2,200-2,399 Sq Ft Home
  • 2,371 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Community Details

  • Victory Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 073089 00099

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,213

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MLS Map #: 771D
  • MAAR Subdivision Name: VICTORY HEIGHTS
  • Number Of Stories: 1
  • Price Per Sq Ft: 88.57
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2371
  • Year Built: 1947
  • List Price/ Sq Ft: 99
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 2200-2399
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Of Fireplaces: 2
  • Total Bathrooms: 2.1

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2

Lot Info

  • Lot Number: 2
  • Acreage: 0.45
  • Lot Size: 100X200
  • Price Per Acre: 522000

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 073089 00099

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2023
Closed on
Oct 27, 2023
Sold by
Proximity Development Company Inc
Bought by
Busby Lillie Nicole
Seller's Agent
Dean Harris
CrestCore Realty MphsBrokerage
Buyer's Agent
Jo Carol Pratt
Neighborhood Asst Corp of Amer
List Price
$239,900
Sold Price
$210,000
Premium/Discount to List
-$29,900
-12.46%
Views
126
Current Estimated Value
$185,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,180
Avg. Annual Appreciation
-3.29%
Original Mortgage
$231,000
Outstanding Balance
$227,342
Interest Rate
7.19%
Mortgage Type
Construction
Estimated Equity
-$30,126

Purchase Details

Closed on
Jul 6, 2023
Sold by
Bruce Roger and Bruce Henrese
Bought by
Proximity Development Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 28, 2021
Closed on
Nov 18, 2021
Sold by
Fowler John R
Bought by
Bruce Roger and Bruce Henrese
Seller's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
TarAngela McDonald
KAIZEN Realty, LLC
List Price
$159,900
Sold Price
$130,000
Premium/Discount to List
-$29,900
-18.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.53%
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
Busby Lillie Nicole $210,000 Local Title
Proximity Development Co $145,000 Preferred Title & Escrow
Bruce Roger $130,000 Foundation Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Busby Lillie Nicole $231,000
Previous Owner Proximity Development Co $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2023 10/27/23 Sold $210,000 -10.6% $95 / Sq Ft
08/18/2023 08/18/23 Price Changed $234,900 -2.1% $107 / Sq Ft
08/02/2023 08/02/23 For Sale $239,900 +84.5% $109 / Sq Ft
11/18/2021 11/18/21 Sold $130,000 -18.7% $54 / Sq Ft
11/06/2021 11/06/21 Pending -- -- --
10/28/2021 10/28/21 For Sale $159,900 -- $67 / 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 $1,213 $55,000 $2,525 $52,475
2024 -- $35,775 $2,000 $33,775
2023 $1,561 $25,625 $2,000 $23,625
2022 $1,561 $25,625 $2,000 $23,625
2021 $1,579 $25,625 $2,000 $23,625
2020 $694 $21,725 $2,000 $19,725
2019 $694 $21,725 $2,000 $19,725
2018 $694 $21,725 $2,000 $19,725
2017 $711 $21,725 $2,000 $19,725
2016 $948 $21,700 $0 $0
2014 $948 $21,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dean Harris

    Seller's Agent in 2023

    Dean Harris

    CrestCore Realty MphsBrokerage

    (901) 619-6170

    64 in this area

    1,431 Total Sales

    Dean Harris
    Section Image

  • J

    Buyer's Agent in 2023

    Jo Carol Pratt

    Neighborhood Asst Corp of Amer

    (901) 830-3331

    1 in this area

    41 Total Sales

    Jo Carol Pratt
    Section Image
  • Tyler Tapley

    Seller's Agent in 2021

    Tyler Tapley

    Crye-Leike, Inc., REALTORS

    (901) 871-1290

    37 in this area

    1,223 Total Sales

    Tyler Tapley
    Section Image

  • T

    Buyer's Agent in 2021

    TarAngela McDonald

    KAIZEN Realty, LLC

    (901) 859-5015

    2 in this area

    63 Total Sales

    TarAngela McDonald
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10153492

Memphis Area Association of REALTORS®

APN: 07-3089-0-0099

Tennessee Shelby County Memphis 38118 Oakhaven

3618 Prescott Rd, Memphis, TN

This home is located at 3618 Prescott Rd, Memphis, TN 38118 since 02 August 2023 and is currently estimated at $185,820, approximately $77 per square foot. This property was built in 1947. 3618 Prescott Rd is a home located in Shelby County with nearby schools including Oakhaven Elementary School, Oakhaven Middle School, and Oakhaven High School.

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