774 E Prescott Cir Memphis, TN 38111
Orange Mound NeighborhoodEstimated payment $1,267/month
Highlights
- Marble Flooring
- Covered Patio or Porch
- Laundry closet
- Sun or Florida Room
- Brick Veneer
- Landscaped
About This Home
Ready for its next owner! Just minutes from the University of Memphis, this property offers flexibility, value, and income potential all in one package. Featuring a 2 bed / 1 bath main home plus a detached studio/in-law suite complete with its own kitchen and bathroom, it's ideal for investors, house hackers, or anyone looking for extra space. The property includes separate living quarters, an updated bathroom, and a recently serviced and upgraded HVAC system. Whether you're looking to generate rental income or offset your mortgage with a second unit, opportunities like this don't come around often.
Home Details
Home Type
- Single Family
Year Built
- Built in 1940
Lot Details
- 7,841 Sq Ft Lot
- Lot Dimensions are 40x154
- Brick Fence
- Landscaped
- Level Lot
- Few Trees
Home Design
- Brick Veneer
- Composition Shingle Roof
Interior Spaces
- 1,189 Sq Ft Home
- 1-Story Property
- Smooth Ceilings
- Ceiling Fan
- Fireplace Features Masonry
- Living Room with Fireplace
- Sun or Florida Room
- Iron Doors
Kitchen
- Oven or Range
- Gas Cooktop
- Dishwasher
Flooring
- Wood
- Marble
- Tile
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Remodeled Bathroom
- 2 Full Bathrooms
Laundry
- Laundry closet
- Washer and Dryer Hookup
Parking
- 1 Car Garage
- Front Facing Garage
- Driveway
Outdoor Features
- Covered Patio or Porch
Utilities
- Central Heating and Cooling System
- Vented Exhaust Fan
Community Details
- Prescott Circle Subdivision
Listing and Financial Details
- Assessor Parcel Number 045116 00030
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 | $886 | $55,725 | $3,050 | $52,675 |
| 2024 | $886 | $26,150 | $1,250 | $24,900 |
| 2023 | $876 | $14,375 | $1,250 | $13,125 |
| 2022 | $876 | $14,375 | $1,250 | $13,125 |
| 2021 | $797 | $19,225 | $1,250 | $17,975 |
| 2020 | $688 | $11,000 | $1,250 | $9,750 |
| 2019 | $301 | $11,000 | $1,250 | $9,750 |
| 2018 | $301 | $11,000 | $1,250 | $9,750 |
| 2017 | $301 | $11,000 | $1,250 | $9,750 |
| 2016 | $609 | $13,925 | $0 | $0 |
| 2014 | $609 | $13,925 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/26/2026 05/26/26 | For Sale | $220,500 | -2.0% | $185 / Sq Ft | |
| 06/21/2023 06/21/23 | Sold | $225,000 | 0.0% | $225 / Sq Ft | View Prior Sale |
| 05/19/2023 05/19/23 | For Sale | $225,000 | +104.5% | $225 / Sq Ft | |
| 07/01/2021 07/01/21 | Sold | $110,000 | +10.1% | $110 / Sq Ft | View Prior Sale |
| 06/02/2021 06/02/21 | For Sale | $99,900 | -- | $100 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $225,000 | None Listed On Document | |
| Warranty Deed | $110,000 | Mid South Title Services Llc | |
| Interfamily Deed Transfer | -- | None Available | |
| Quit Claim Deed | $50,000 | -- | |
| Quit Claim Deed | $50,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $210,000 | New Conventional | |
| Previous Owner | $84,000 | Adjustable Rate Mortgage/ARM |
Source: Memphis Area Association of REALTORS®
MLS Number: 10222391
APN: 04-5116-0-0030
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