NOT LISTED FOR SALE

991 S Prescott St Memphis, TN 38111

Orange Mound Neighborhood

Estimated Value: $96,000 - $123,000

3 Beds
1 Bath
1,200-1,399 Sq Ft
$75/Sq Ft Est. Value

Last Sold May 30, 2019

Last sale price $35,900 $26 Per Sq Ft

Est. 216% increase in value since last sale

Current estimated payment $659/month

407 Days on Market

About This Home

As of May 2019

This is a great investment opportunity in 38111! This 3beds / 1bath is currently vacant. Owner may be doing repairs/upgrades. Please contact your Real Estate Agent for viewing instructions. Please be mindful when entering.

Last Agent to Sell the Property

Dean Harris

CrestCore Realty MphsBrokerage License #286759 Listed on: 04/04/2018

Last Buyer's Agent

Max Hamidi

Sperry CGA, The Magellan Group License #269182

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $481

Year Built

  • Built in 1947

Lot Details

  • 6,534 Sq Ft Lot

Parking

  • 1 Parking Space

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,246 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Community Details

  • Park Grove 1St,2Nd,3Rd&4Th Subdivision

Listing and Financial Details

  • Assessor Parcel Number 059079 00003

Home Details

Home Type

Single Family

Est. Annual Taxes

$481

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MLS Map #: 757D
  • MAAR Subdivision Name: PARK GROVE
  • List Price Per Sq Ft: 30
  • Number Of Stories: 1
  • Price Per Sq Ft: 28.81
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1246
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1

Lot Info

  • Lot Number: 112
  • Acreage: 0.15
  • Lot Size: 0.15 AC
  • Price Per Acre: 246000

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 059079 00003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2024
Sold by
Ozrail Ameen
Bought by
Ao Memphis Property Llc
Current Estimated Value
$113,512

Purchase Details

Listed on
Apr 4, 2018
Closed on
May 30, 2019
Sold by
Your Homes Llc
Bought by
Ozrail Ammen
Seller's Agent
Dean Harris
CrestCore Realty MphsBrokerage
Buyer's Agent
Max Hamidi
Sperry CGA, The Magellan Group
List Price
$36,900
Sold Price
$35,900
Premium/Discount to List
-$1,000
-2.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.09%
Original Mortgage
$30,000
Interest Rate
4.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 14, 2014
Sold by
Bermar Associates 1 Llc
Bought by
Your Home Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,953,000
Interest Rate
4.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 2012
Sold by
Bermar Associates I Llc
Bought by
Bermar Associates I Llc

Purchase Details

Closed on
May 19, 2005
Sold by
Baker Olivia D
Bought by
Bermar Associates I Llc

Purchase Details

Closed on
Oct 26, 2000
Sold by
Baker Richard D
Bought by
Baker Olivia D

Purchase Details

Closed on
Sep 23, 1997
Sold by
Bearman Edward
Bought by
Baker Richard D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,600
Interest Rate
7.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 9, 1996
Sold by
Baker Contracting Inc
Bought by
Bearman Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,000
Interest Rate
8.24%

Purchase Details

Closed on
Jul 18, 1996
Sold by
Jeffries Betsy Lee
Bought by
Baker Contracting Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,000
Interest Rate
8.24%
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
Ao Memphis Property Llc -- Memphis Title Company
Ozrail Ammen $35,900 Closetrak Closing & Ttl Svcs
Your Home Llc $2,050,000 None Available
Bermar Associates I Llc -- None Available
Bermar Associates I Llc $19,000 --
Baker Olivia D -- --
Baker Richard D $42,000 --
Bearman Edward $41,000 --
Baker Contracting Inc $23,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ozrail Ammen $30,000
Previous Owner Your Home Llc $2,953,000
Previous Owner Your Home Llc $1,000,000
Previous Owner Keys Sylvester $77,438
Previous Owner Baker Richard D $33,600
Previous Owner Bearman Edward $41,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2019 05/30/19 Sold $35,900 -2.7% $30 / Sq Ft
04/04/2018 04/04/18 For Sale $36,900 -- $31 / 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 $481 $20,075 $2,450 $17,625
2024 $481 $14,175 $1,000 $13,175
2023 $863 $14,175 $1,000 $13,175
2022 $863 $14,175 $1,000 $13,175
2021 $1,026 $14,175 $1,000 $13,175
2020 $779 $10,750 $1,000 $9,750
2019 $344 $10,750 $1,000 $9,750
2018 $344 $10,750 $1,000 $9,750
2017 $352 $10,750 $1,000 $9,750
2016 $435 $9,950 $0 $0
2014 $435 $9,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dean Harris

    Seller's Agent in 2019

    Dean Harris

    CrestCore Realty MphsBrokerage

    (901) 619-6170

    30 in this area

    1,430 Total Sales

    Section Image
  • Max Hamidi

    Buyer's Agent in 2019

    Max Hamidi

    Sperry CGA, The Magellan Group

    (866) 724-2629

    9 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10024276

Memphis Area Association of REALTORS®

APN: 05-9079-0-0003

Tennessee Shelby County Memphis 38111 Orange Mound

991 S Prescott St, Memphis, TN

This home is located at 991 S Prescott St, Memphis, TN 38111 since 04 April 2018 and is currently estimated at $105,012, approximately $75 per square foot. This property was built in 1947. 991 S Prescott St is a home located in Shelby County with nearby schools including Cherokee Elementary School, Sherwood Middle, and Melrose High School.

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