NOT LISTED FOR SALE

Estimated Value: $79,000 - $167,000

3 Beds
1.5 Baths
1,000-1,199 Sq Ft
$95/Sq Ft Est. Value

Last Sold September 03, 2021

Last sale price $60,000 $50 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $635/month

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Porch
  • Wood Flooring
  • Separate Formal Living Room
  • 4-minute walk to Charles W. Davis Park

About This Home

As of September 2021

Great opportunity by the U of M and just off the Highland Strip!  Currently occupied for $887 month-to-month but they've been there for almost 11 years! Tenant is about to renew. 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. 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

  • $415

Year Built

  • Built in 1940

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 105x107
  • Level Lot

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Vinyl Siding
  • Pier And Beam

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,121 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Separate Formal Living Room
  • Iron Doors

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 1 Car Garage
  • Front Facing Garage

Outdoor Features

  • Porch

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • Prescott Circle Subdivision

Listing and Financial Details

  • Assessor Parcel Number 045113 00020

Home Details

Home Type

Single Family

Est. Annual Taxes

$415

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: PRESCOTT CIR
  • List Price Per Sq Ft: 87
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1121
  • 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: 1000-1199
  • Bedroom 2 Description: Level 1, Hardwood Floor, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Hardwood Throughout, Vinyl Floor
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room
  • Number Of Fireplaces: 1
  • P R I M A R Y B E D R O O M: Level 1, Half Bath

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Porch
  • Exterior Windows: Vinyl Siding
  • 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: Gas Water Heater

Lot Info

  • Lot Description: Level
  • Lot Number: 2
  • Acreage: 0.21
  • Lot Size: 105X107

Tax Info

  • Assessor Parcel Number: 045113 00020

Ownership History

Date Name Owned For Owner Type

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
$97,900
Sold Price
$60,000
Premium/Discount to List
-$37,900
-38.71%
Current Estimated Value
$114,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,413
Avg. Annual Appreciation
16.83%
Original Mortgage
$68,500
Outstanding Balance
$62,330
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$52,083

Purchase Details

Closed on
Nov 12, 2010
Sold by
Tornado Investments Llc
Bought by
Jaghunt Llc

Purchase Details

Closed on
May 31, 2007
Sold by
Feol Robert
Bought by
Brown Andrew N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,095
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 10, 2007
Sold by
Blake Shirley Jean
Bought by
Feol Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,095
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 18, 1994
Bought by
Blake Shirley J
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
International Immobiliare Llc $60,000 Local Title Llc
Jaghunt Llc $41,711 Mid South Title Services Llc
Brown Andrew N $84,550 None Available
Feol Robert $63,000 Realty Title
Blake Shirley J $47,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open International Immobiliare Llc $68,500
Previous Owner Brown Andrew N $76,095
Previous Owner Feol Robert $64,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2021 09/03/21 Sold $60,000 -38.7% $60 / Sq Ft
08/01/2021 08/01/21 Pending -- -- --
06/16/2021 06/16/21 For Sale $97,900 0.0% $98 / Sq Ft
04/28/2021 04/28/21 Pending -- -- --
02/25/2021 02/25/21 For Sale $97,900 -- $98 / 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 $415 $20,575 $2,450 $18,125
2024 $415 $12,250 $1,000 $11,250
2023 $746 $12,250 $1,000 $11,250
2022 $746 $12,250 $1,000 $11,250
2021 $332 $12,250 $1,000 $11,250
2020 $685 $9,450 $1,000 $8,450
2019 $302 $9,450 $1,000 $8,450
2018 $302 $9,450 $1,000 $8,450
2017 $309 $9,450 $1,000 $8,450
2016 $459 $10,500 $0 $0
2014 $459 $10,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10093900

Memphis Area Association of REALTORS®

APN: 04-5113-0-0020