NOT LISTED FOR SALE

Estimated Value: $115,257 - $148,000

3 Beds
1 Bath
1,400-1,599 Sq Ft
$81/Sq Ft Est. Value

Last Sold January 27, 2017

Last sale price $35,000 $22 Per Sq Ft

Est. 270% increase in value since last sale

Current estimated payment $752/month

64 Days on Market

Highlights

  • Traditional Architecture
  • Den
  • Porch
  • Wood Flooring
  • Some Wood Windows
  • 4-minute walk to Charles W. Davis Park

About This Home

As of January 2017

Three Bedrooms, 1 remodeled bath, near Univ. of Memphis. Home needs some repairs, is offered as a short sale in AS IS condition. Price is subject to bank approval. Seller cannot make repairs. Wood floors in most of house, fireplace is operational. Appliances stay but are not warranted. Offer has been sent to bank for approval.

Last Agent to Sell the Property

Emma Wilson

McWaters & Associates License #322288 Listed on: 10/05/2016

Last Buyer's Agent

Scott Housewirth

Crye-Leike Inc., REALTORS License #271531

Crye-Leike Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $578

Year Built

  • Built in 1944

Lot Details

  • 6,534 Sq Ft Lot
  • Chain Link Fence
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,540 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Some Wood Windows
  • Window Treatments
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Den
  • Pull Down Stairs to Attic
  • Burglar Security System
  • Washer

Kitchen

  • Oven or Range
  • Cooktop
  • Dishwasher

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Remodeled Bathroom
  • 1 Full Bathroom

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Driveway

Outdoor Features

  • Outdoor Storage
  • Porch

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • Prescott Circle Subdivision

Listing and Financial Details

  • Assessor Parcel Number 045117 00011

Home Details

Home Type

Single Family

Est. Annual Taxes

$578

Year Built

Built in 1944

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: 23
  • Number Of Stories: 1
  • Price Per Sq Ft: 22.73
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1540
  • Year Built: 1944
  • Special Features: 12
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Renovated Bathroom
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1, Hardwood Floor
  • Bedroom 3 Description: Level 1, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: In Living Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Cooktop, Dishwasher, Refrigerator, Washer
  • Living Dining Kitchen: Separate Den, LR/DR Combination, Washer/Dryer Connections
  • Misc Interior: All Window Treatments, Pull Down Attic Stairs, Security System
  • Number Of Fireplaces: 1
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Level 1, Carpet

Exterior Features

  • Misc Exterior: Storage Building, Porch, Chain Fence
  • Exterior Windows: Wood/Composition
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 1
  • Parking Display: G1A
  • Parking Storage: Driveway/Pad, Front-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central, Electric
  • Security: Burglar Alarm
  • Water Sewer: Gas Water Heater

Lot Info

  • Lot Description: Some Trees, Level, Chain Fenced
  • Lot Number: 30
  • Acreage: 0.15
  • Lot Size: .15 acre
  • Price Per Acre: 233333

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 045117 00011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2017
Sold by
Bea Investors Llc
Bought by
Berkely Joseph
Current Estimated Value
$129,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Outstanding Balance
$58,245
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$68,288

Purchase Details

Closed on
Apr 27, 2017
Sold by
Berkely Joseph
Bought by
Bea Investors Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,900
Interest Rate
4.19%

Purchase Details

Listed on
Oct 5, 2016
Closed on
Mar 8, 2017
Sold by
Pegasus Real Estate Services Llc
Bought by
Berkely Joseph
Seller's Agent
Emma Wilson
McWaters & Associates
Buyer's Agent
Scott Housewirth
Crye-Leike Inc., REALTORS
List Price
$50,000
Sold Price
$35,000
Premium/Discount to List
-$15,000
-30%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.14%
Original Mortgage
$80,900
Interest Rate
4.19%

Purchase Details

Closed on
Jul 28, 2006
Sold by
Hempel Nele and Lamer Jonathon
Bought by
Brown Marques W and Brown Ashley B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,411
Interest Rate
6.68%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 27, 2001
Sold by
Union Planters Pmac Inc
Bought by
Lamer Jonathon and Hempel Nele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,474
Interest Rate
7.08%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 24, 2000
Sold by
Goforth Aaron N and Goforth Cheryl L
Bought by
Union Planters Bank/Pmac

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
8.38%
Mortgage Type
Unknown

Purchase Details

Closed on
May 23, 1997
Sold by
Traylor Charles T and Traylor Faith C
Bought by
Goforth Aaron N and Goforth Cheryl L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,452
Interest Rate
8.01%
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
Berkely Joseph -- Saddle Creek Title Llc
Bea Investors Llc -- Saddle Creek Title Llc
Berkely Joseph $82,900 Saddle Creek Title Llc
Brown Marques W $75,000 Multiple
Lamer Jonathon $67,000 --
Union Planters Bank/Pmac $6,430 --
Goforth Aaron N $61,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berkely Joseph $69,000
Previous Owner Berkely Joseph $80,900
Previous Owner Brown Ashley B $72,329
Previous Owner Brown Marques $6,000
Previous Owner Brown Marques W $74,411
Previous Owner Union Planters Pmac Inc $66,474
Previous Owner Goforth Aaron $69,000
Previous Owner Goforth Aaron $15,000
Previous Owner Goforth Aaron N $4,350
Previous Owner Goforth Aaron N $13,100
Previous Owner Goforth Aaron $61,623
Previous Owner Goforth Aaron N $61,452
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2017 01/27/17 Sold $35,000 -30.0% $25 / Sq Ft
12/08/2016 12/08/16 Pending -- -- --
10/05/2016 10/05/16 For Sale $50,000 -- $36 / 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 $578 $24,050 $3,050 $21,000
2024 $578 $17,050 $1,250 $15,800
2023 $1,039 $17,050 $1,250 $15,800
2022 $1,039 $17,050 $1,250 $15,800
2021 $1,051 $17,050 $1,250 $15,800
2020 $927 $12,800 $1,250 $11,550
2019 $927 $12,800 $1,250 $11,550
2018 $927 $12,800 $1,250 $11,550
2017 $526 $12,800 $1,250 $11,550
2016 $622 $14,225 $0 $0
2014 $622 $14,225 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9988075

Memphis Area Association of REALTORS®

APN: 04-5117-0-0011