397 S Prescott St Memphis, TN 38111
Chickasaw Gardens NeighborhoodEstimated payment $1,716/month
Highlights
- Very Popular Property
- Updated Kitchen
- Deck
- White Station High Rated A
- Landscaped Professionally
- Traditional Architecture
About This Home
Welcome to the most charming cottage home on Prescott with a MOTIVATED seller!! — complete with a classic front porch! This beautifully maintained 3-bedroom home is bursting with character and natural light, thanks to its many windows and gleaming hardwood floors throughout. Freshly painted inside and out, it’s move-in ready from day one.The kitchen shines with updated stainless steel appliances, a gas range oven, and a stylish passthrough bar that adds both function and flair. Just off the kitchen, you'll find a convenient separate laundry room. Additional updates include a modernized electrical panel and a Bosch tankless hot water heater. All three bedrooms offer great closet space. Step out back to a deep, well-tended yard filled with mature trees, a lovely brick patio, a spacious deck, and a detached garage — complete with its own storage room. This home truly has it all!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,751
Year Built
- Built in 1928
Lot Details
- 9,583 Sq Ft Lot
- Lot Dimensions are 50x197
- Wood Fence
- Chain Link Fence
- Landscaped Professionally
- Level Lot
- Few Trees
Home Design
- Traditional Architecture
- Bungalow
- Composition Shingle Roof
- Pier And Beam
Interior Spaces
- 1,236 Sq Ft Home
- 1-Story Property
- Smooth Ceilings
- Fireplace Features Masonry
- Some Wood Windows
- Window Treatments
- Dining Room
- Den with Fireplace
- Storage Room
- Storm Windows
Kitchen
- Updated Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Oven or Range
- Gas Cooktop
- Bosch Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 1 Full Bathroom
Laundry
- Laundry Room
- Washer and Dryer Hookup
Attic
- Attic Access Panel
- Pull Down Stairs to Attic
Parking
- 1 Car Garage
- Front Facing Garage
Outdoor Features
- Deck
- Patio
Utilities
- Central Heating and Cooling System
- Heating System Uses Gas
- 220 Volts
- Gas Water Heater
- Cable TV Available
Community Details
- Voluntary home owners association
- Country Club Subdivision
Listing and Financial Details
- Assessor Parcel Number 045123 00018
Matterport 3D Tour
Floorplan
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,751 | $51,100 | $12,500 | $38,600 |
| 2024 | $1,751 | $51,650 | $7,950 | $43,700 |
| 2023 | $3,146 | $51,650 | $7,950 | $43,700 |
| 2022 | $3,428 | $56,275 | $7,950 | $48,325 |
| 2021 | $3,468 | $56,275 | $7,950 | $48,325 |
| 2020 | $2,759 | $38,075 | $7,950 | $30,125 |
| 2019 | $2,759 | $38,075 | $7,950 | $30,125 |
| 2018 | $2,759 | $38,075 | $7,950 | $30,125 |
| 2017 | $1,565 | $38,075 | $7,950 | $30,125 |
| 2016 | $1,197 | $27,400 | $0 | $0 |
| 2014 | $1,197 | $28,925 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/30/2025 10/30/25 | Price Changed | $299,850 | -3.1% | $243 / Sq Ft |
| 10/01/2025 10/01/25 | Price Changed | $309,500 | -3.0% | $250 / Sq Ft |
| 09/11/2025 09/11/25 | For Sale | $319,000 | -- | $258 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $87,900 | Us Title | |
| Trustee Deed | $108,169 | None Available | |
| Warranty Deed | $95,000 | -- | |
| Deed | $81,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $85,973 | FHA | |
| Previous Owner | $94,951 | FHA |
About the Listing Agent
John is currently the Principal Managing Broker/ Owner of The Stamps Real Estate Company and they currently have a team of 14 agents. He received his Real Estate license in 1995 and broker’s license in 2002 and currently hold GRI, CRS, and CRB designations. He has served on different committees over the years thru the Memphis Association of Realtors; The Grievance Committee, Professional Standards Committee, Governmental Affairs Committee and I was a Tennessee Association of Realtors Director
John's Other Listings
Source: Memphis Area Association of REALTORS®
MLS Number: 10205505
APN: 04-5123-0-0018
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