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1630 South Prescott Street

1630 South Prescott Street, Memphis, TN 38111
Sold Mar 15, 2023
$131,500
Buyer
Seller
Sold Sep 14, 2021
$120,000
$102,000 by Wells Fargo Bank Na
Mortgage Due Sep 01, 2036
1630 South Prescott Street in Memphis, TN was first built in 1951 and is 73 years old. Although, the building on the property was most recently renovated and altered in 2007. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a traditional style. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1630 South Prescott Street has 1,348 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 600 ft and the linear feet between the front and back of the lot is 1,330. In total, the area measurement of the land is 7,980 square feet.

Learn more about the property and building on this page. There is a open porch and a unknown. The home has a gable style roof made of composition shingle. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as average. The exterior walls of the home are made of asbestos shingle. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. The property was last sold in Feb 28, 2023 for $131,500. That's $97.55 per sqft. Prior to that sales transaction, the property was also sold in Aug 21, 2021 for $120,000. 1630 South Prescott Street was last assessed in 2022. The total value of the property was assessed at $24,125. Specifically, the land the property is located on was valued at $1,450. While improvements on the property were assessed at a total of $22,675. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,470. The initial tax year of delinquency was in 2011. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Traditional
  • Exterior Walls Type: Asbestos shingle
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,980
  • Lot Size Depth Feet: 1,330
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,348
  • Gross Building Area: 1,348
  • Building Area: 1,348
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,348
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PRESCOTT VILLAGE 1ST & 2ND ADDN REV
  • Land Acres: 0.183
  • Standard Land Use Code: Single family residential
  • Legal Description 1: E S S PRESCOTT RD 92.875 FT S OF PARKER

Ownership

  • Current Owner : HALL WALTER
  • Previous Owner : TAQI ZAHRA
  • Owner Before Previous Owner: MONTOYA IVAN DARIO
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 008200

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 05-8017-0-0046
  • Lot: 16
  • Municipality: MEMPHIS
  • Latitude: 35.0871
  • Longitude: -89.95

    Address

  • Full Address: 1630 S Prescott St
  • Address - House Number: 1630
  • Street Direction: S
  • Address - Street Name: Prescott
  • Address - Suffix Type: St
  • State: TN
  • City Name: Memphis
  • Carrier Code: C093
  • 4-Digit Zip Code: 5046
  • Zip Code: 38111

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,470
  • Intital Tax Deliquent Year: 2011

    Appraisal Valuation

  • Standard Deviation: 0.1089
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 89
  • Final Value: 142,992
  • High Value: 158,577
  • Low Value: 127,407

    Market Valuation

  • Market Total Value: $96,500
  • Market Land Value: $5,800
  • Market Improvement Value: $90,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $24,125
  • Assessed Land Value: $1,450
  • Assessed Improvements Value: $22,675

    Sales

  • Current Sale Contract Date: Feb 28, 2023
  • Current Sale Recording Date: Mar 15, 2023
  • Current Sale Transaction ID: 11903747772
  • Current Sale Price: $131,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20547
  • Previous Sale Recording Date: Sep 14, 2021
  • Previous Sale Contract Date: Aug 21, 2021
  • Previous Sale Amount: $120,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NBKC BANK
  • First Mortgage Transaction Date: Mar 15, 2023
  • First Mortgage Loan Amount: $127,555
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Sep 14, 2021
  • Previous Mortgage Loan Amount: $102,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2036

About Depot Planning District



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Frequently Asked Questions

What neighborhood is 1630 South Prescott Street located in?
The 1630 South Prescott Street is a located in the neighborhood of Depot Planning District in Depot Planning District, Memphis.
What is the average sales price for listings in 1630 South Prescott Street?
The average sales price for units in 1630 South Prescott Street is $0 currently.

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