See Home Value
$332,138*
House - Off Market

511 S PRESCOTT DR

Memphis, TN 38111
bedrooms
3 Beds
bathrooms
2 Baths
$198,000 - $242,000
Reference Base Price*
50.97%
Since Mar 1, 2019
National-US
Primary Model
Sold Feb 15, 2019
$220,000
$170,000 by Landmark Community Bank
Mortgage
Sold Nov 04, 2003
$152,000
$150,808 by Delta Trust Mortgage Corp
Mortgage Due Nov 01, 2033

About This Property

For more information, contact Jimmie Kay Finch at . Visit http://www.crye-leike.com/memphis/10041427 to view more pictures of this property. Charming Bungalow near UofM.  New roof 2015. Fresh interior and exterior paint 2018. Deck stained 2018. New kitchen appliances 2018. New attic insulation 2017.  Laundry room. Shed in back yard.  Move in Ready!
Unit Size
-
Days on Market
-
Land Size
0.22 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1920

Price History

Date / Event Date Event Price
Feb 22, 2019 No longer available -
No longer available
Feb 15, 2019 Sold $220,000
Sold
Nov 28, 2018 Listed $220,000
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Bungalow
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 100
  • Parking Space Count: 6

    Dimensions

  • Lot Size Square Feet: 9,850
  • Lot Size Depth Feet: 1,970
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,616
  • Gross Building Area: 1,616
  • Building Area: 1,616
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,616
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COUNTRY CLUB
  • Land Acres: 0.226
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ASAPP PROPERTIES LLC
  • Previous Owner : FARIS MARY C
  • Owner Before Previous Owner: NICHOLS PHILLIP W
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 007200

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 04-5122-0-0011
  • Lot: PT64
  • Municipality: MEMPHIS
  • Latitude: 35.1177
  • Longitude: -89.949

    Address

  • Full Address: 511 S Prescott St
  • Address - House Number: 511
  • Street Direction: S
  • Address - Street Name: Prescott
  • Address - Suffix Type: St
  • State: TN
  • City Name: Memphis
  • Carrier Code: C059
  • 4-Digit Zip Code: 4333
  • Zip Code: 38111

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,171
  • Intital Tax Deliquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.212
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 349,671
  • High Value: 423,808
  • Low Value: 275,533

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $170,000
  • First Open Lien Mortgage Lender: LANDMARK COMMUNITY BANK
  • First Open Lien Mortgage Recording Date: Feb 15, 2019
  • First Open Lien Mortgage Loan Amount: $170,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $273,900
  • Market Land Value: $31,800
  • Market Improvement Value: $242,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $68,475
  • Assessed Land Value: $7,950
  • Assessed Improvements Value: $60,525

    Sales

  • Current Sale Contract Date: Feb 06, 2019
  • Current Sale Recording Date: Feb 15, 2019
  • Current Sale Transaction ID: 11571669558
  • Current Sale Price: $220,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19015363
  • Previous Sale Recording Date: Nov 04, 2003
  • Previous Sale Contract Date: Oct 31, 2003
  • Previous Sale Amount: $152,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LANDMARK COMMUNITY BANK
  • First Mortgage Transaction Date: Feb 15, 2019
  • First Mortgage Loan Amount: $170,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: DELTA TRUST MORTGAGE CORP
  • Previous Mortgage Transaction Date: Nov 04, 2003
  • Previous Mortgage Loan Amount: $150,808
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Nov 01, 2033



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
-
$209,900 Dec 15, 2022
-
$339/mo
House
3 Beds
1 Bath
-
$195,000 Oct 22, 2022
-
$217/mo
House
3 Beds
2 Baths
-
$184,900 Nov 23, 2022
-
$62/mo
House
2 Beds
1 Bath
-
$215,000 Oct 21, 2022
-
$233/mo
House
4 Beds
3 Baths
-
$230,000 Apr 28, 2022
-
$147/mo
Townhouse
2 Beds
1.5 Baths
-
$240,000 Dec 2, 2022
-
$225/mo

About Jackson - University Area


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Frequently Asked Questions

When was property at 511 South Prescott Street built and last sold?
The property at 511 South Prescott Street was built in 1920 and last sold on Feb 6, 2019 for $220,000.
How much is this home worth?
The estimated value of the home located at 511 South Prescott Street is $222,200.
What are some comparable homes to 511 South Prescott Street?
There are currently no comparable homes to 511 South Prescott Street.

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