diff --git a/app/scripts/background.js b/app/scripts/background.js
index ca5148f73..d696875b3 100644
--- a/app/scripts/background.js
+++ b/app/scripts/background.js
@@ -11,6 +11,7 @@ import { storeAsStream, storeTransformStream } from '@metamask/obs-store';
 import PortStream from 'extension-port-stream';
 import { captureException } from '@sentry/browser';
 
+import { ethErrors } from 'eth-rpc-errors';
 import {
   ENVIRONMENT_TYPE_POPUP,
   ENVIRONMENT_TYPE_NOTIFICATION,
@@ -534,7 +535,9 @@ function setupController(initState, initLangCode) {
       );
 
     // Finally, reject all approvals managed by the ApprovalController
-    controller.approvalController.clear();
+    controller.approvalController.clear(
+      ethErrors.provider.userRejectedRequest(),
+    );
 
     updateBadge();
   }
diff --git a/app/scripts/metamask-controller.js b/app/scripts/metamask-controller.js
index 9f4118f60..0bc90d362 100644
--- a/app/scripts/metamask-controller.js
+++ b/app/scripts/metamask-controller.js
@@ -1161,6 +1161,10 @@ export default class MetamaskController extends EventEmitter {
         collectiblesController,
       ),
 
+      checkAndUpdateCollectiblesOwnershipStatus: collectiblesController.checkAndUpdateCollectiblesOwnershipStatus.bind(
+        collectiblesController,
+      ),
+
       // AddressController
       setAddressBook: addressBookController.set.bind(addressBookController),
       removeFromAddressBook: addressBookController.delete.bind(
diff --git a/package.json b/package.json
index 6ced1b9ca..0142507ca 100644
--- a/package.json
+++ b/package.json
@@ -107,7 +107,7 @@
     "@keystonehq/metamask-airgapped-keyring": "0.2.1",
     "@material-ui/core": "^4.11.0",
     "@metamask/contract-metadata": "^1.31.0",
-    "@metamask/controllers": "^22.0.0",
+    "@metamask/controllers": "^23.0.0",
     "@metamask/eth-ledger-bridge-keyring": "^0.10.0",
     "@metamask/eth-token-tracker": "^3.0.1",
     "@metamask/etherscan-link": "^2.1.0",
diff --git a/ui/components/app/collectibles-items/collectibles-items.js b/ui/components/app/collectibles-items/collectibles-items.js
index 6e070a0ee..257796002 100644
--- a/ui/components/app/collectibles-items/collectibles-items.js
+++ b/ui/components/app/collectibles-items/collectibles-items.js
@@ -24,8 +24,15 @@ const width =
   getEnvironmentType() === ENVIRONMENT_TYPE_POPUP
     ? BLOCK_SIZES.ONE_THIRD
     : BLOCK_SIZES.ONE_SIXTH;
-export default function CollectiblesItems({ collections = {} }) {
-  const defaultDropdownState = {};
+
+const PREVIOUSLY_OWNED_KEY = 'previouslyOwned';
+
+export default function CollectiblesItems({
+  collections = {},
+  previouslyOwnedCollection = {},
+}) {
+  const defaultDropdownState = { [PREVIOUSLY_OWNED_KEY]: false };
+  const [dropdownState, setDropdownState] = useState(defaultDropdownState);
   const ipfsGateway = useSelector(getIpfsGateway);
 
   Object.keys(collections).forEach((key) => {
@@ -33,109 +40,138 @@ export default function CollectiblesItems({ collections = {} }) {
   });
   const history = useHistory();
 
-  const [dropdownState, setDropdownState] = useState(defaultDropdownState);
+  const renderCollectionImage = (
+    isPreviouslyOwnedCollection,
+    collectionImage,
+    collectionName,
+  ) => {
+    if (isPreviouslyOwnedCollection) {
+      return null;
+    }
+    if (collectionImage) {
+      return (
+        <img
+          src={collectionImage}
+          className="collectibles-items__collection-image"
+        />
+      );
+    }
+    return (
+      <div className="collectibles-items__collection-image-alt">
+        {collectionName[0]}
+      </div>
+    );
+  };
+
+  const renderCollection = ({
+    collectibles,
+    collectionName,
+    collectionImage,
+    key,
+    isPreviouslyOwnedCollection,
+  }) => {
+    if (!collectibles.length) {
+      return null;
+    }
+
+    const isExpanded = dropdownState[key];
+    return (
+      <div
+        className="collectibles-items__collection"
+        key={`collection-${key}`}
+        onClick={() => {
+          setDropdownState((_dropdownState) => ({
+            ..._dropdownState,
+            [key]: !isExpanded,
+          }));
+        }}
+      >
+        <Box
+          marginBottom={2}
+          display={DISPLAY.FLEX}
+          alignItems={ALIGN_ITEMS.CENTER}
+          justifyContent={JUSTIFY_CONTENT.SPACE_BETWEEN}
+          className="collectibles-items__collection-accordion-title"
+        >
+          <Box
+            alignItems={ALIGN_ITEMS.CENTER}
+            className="collectibles-items__collection-header"
+          >
+            {renderCollectionImage(
+              isPreviouslyOwnedCollection,
+              collectionImage,
+              collectionName,
+            )}
+            <Typography
+              color={COLORS.BLACK}
+              variant={TYPOGRAPHY.H5}
+              margin={[0, 0, 0, 2]}
+            >
+              {`${collectionName} (${collectibles.length})`}
+            </Typography>
+          </Box>
+          <Box alignItems={ALIGN_ITEMS.FLEX_END}>
+            <i className={`fa fa-chevron-${isExpanded ? 'down' : 'right'}`} />
+          </Box>
+        </Box>
+        {isExpanded ? (
+          <Box display={DISPLAY.FLEX} flexWrap={FLEX_WRAP.WRAP} gap={4}>
+            {collectibles.map((collectible, i) => {
+              const { image, address, tokenId, backgroundColor } = collectible;
+              const collectibleImage = getAssetImageURL(image, ipfsGateway);
+              return (
+                <Box
+                  width={width}
+                  key={`collectible-${i}`}
+                  className="collectibles-items__collection-item-wrapper"
+                >
+                  <div
+                    className="collectibles-items__collection-item"
+                    style={{
+                      backgroundColor,
+                    }}
+                  >
+                    <img
+                      onClick={() =>
+                        history.push(`${ASSET_ROUTE}/${address}/${tokenId}`)
+                      }
+                      className="collectibles-items__collection-item-image"
+                      src={collectibleImage}
+                    />
+                  </div>
+                </Box>
+              );
+            })}
+          </Box>
+        ) : null}
+      </div>
+    );
+  };
+
   return (
     <div className="collectibles-items">
       <Box padding={[6, 4]} flexDirection={FLEX_DIRECTION.COLUMN}>
         <>
-          {Object.keys(collections).map((key, index) => {
+          {Object.keys(collections).map((key) => {
             const {
               collectibles,
               collectionName,
               collectionImage,
             } = collections[key];
 
-            const isExpanded = dropdownState[key];
-            return (
-              <div
-                className="collectibles-items__collection"
-                key={`collection-${index}`}
-                onClick={() => {
-                  setDropdownState((_dropdownState) => ({
-                    ..._dropdownState,
-                    [key]: !isExpanded,
-                  }));
-                }}
-              >
-                <Box
-                  marginBottom={2}
-                  display={DISPLAY.FLEX}
-                  alignItems={ALIGN_ITEMS.CENTER}
-                  justifyContent={JUSTIFY_CONTENT.SPACE_BETWEEN}
-                  className="collectibles-items__collection-accordion-title"
-                >
-                  <Box
-                    alignItems={ALIGN_ITEMS.CENTER}
-                    className="collectibles-items__collection-header"
-                  >
-                    {collectionImage ? (
-                      <img
-                        src={collectionImage}
-                        className="collectibles-items__collection-image"
-                      />
-                    ) : (
-                      <div className="collectibles-items__collection-image-alt">
-                        {collectionName[0]}
-                      </div>
-                    )}
-                    <Typography
-                      color={COLORS.BLACK}
-                      variant={TYPOGRAPHY.H5}
-                      margin={[0, 0, 0, 2]}
-                    >
-                      {`${collectionName} (${collectibles.length})`}
-                    </Typography>
-                  </Box>
-                  <Box alignItems={ALIGN_ITEMS.FLEX_END}>
-                    <i
-                      className={`fa fa-chevron-${
-                        isExpanded ? 'down' : 'right'
-                      }`}
-                    />
-                  </Box>
-                </Box>
-                {isExpanded ? (
-                  <Box display={DISPLAY.FLEX} flexWrap={FLEX_WRAP.WRAP} gap={4}>
-                    {collectibles.map((collectible, i) => {
-                      const {
-                        image,
-                        address,
-                        tokenId,
-                        backgroundColor,
-                      } = collectible;
-                      const collectibleImage = getAssetImageURL(
-                        image,
-                        ipfsGateway,
-                      );
-                      return (
-                        <Box
-                          width={width}
-                          key={`collectible-${i}`}
-                          className="collectibles-items__collection-item-wrapper"
-                        >
-                          <div
-                            className="collectibles-items__collection-item"
-                            style={{
-                              backgroundColor,
-                            }}
-                          >
-                            <img
-                              onClick={() =>
-                                history.push(
-                                  `${ASSET_ROUTE}/${address}/${tokenId}`,
-                                )
-                              }
-                              className="collectibles-items__collection-item-image"
-                              src={collectibleImage}
-                            />
-                          </div>
-                        </Box>
-                      );
-                    })}
-                  </Box>
-                ) : null}
-              </div>
-            );
+            return renderCollection({
+              collectibles,
+              collectionName,
+              collectionImage,
+              key,
+              isPreviouslyOwnedCollection: false,
+            });
+          })}
+          {renderCollection({
+            collectibles: previouslyOwnedCollection.collectibles,
+            collectionName: previouslyOwnedCollection.collectionName,
+            isPreviouslyOwnedCollection: true,
+            key: PREVIOUSLY_OWNED_KEY,
           })}
         </>
       </Box>
@@ -144,6 +180,26 @@ export default function CollectiblesItems({ collections = {} }) {
 }
 
 CollectiblesItems.propTypes = {
+  previouslyOwnedCollection: PropTypes.shape({
+    collectibles: PropTypes.arrayOf(
+      PropTypes.shape({
+        address: PropTypes.string.isRequired,
+        tokenId: PropTypes.string.isRequired,
+        name: PropTypes.string,
+        description: PropTypes.string,
+        image: PropTypes.string,
+        standard: PropTypes.string,
+        imageThumbnail: PropTypes.string,
+        imagePreview: PropTypes.string,
+        creator: PropTypes.shape({
+          address: PropTypes.string,
+          config: PropTypes.string,
+          profile_img_url: PropTypes.string,
+        }),
+      }),
+    ),
+    collectionName: PropTypes.string,
+  }),
   collections: PropTypes.shape({
     collectibles: PropTypes.arrayOf(
       PropTypes.shape({
diff --git a/ui/components/app/collectibles-tab/collectibles-tab.js b/ui/components/app/collectibles-tab/collectibles-tab.js
index 9264144b7..32ce380be 100644
--- a/ui/components/app/collectibles-tab/collectibles-tab.js
+++ b/ui/components/app/collectibles-tab/collectibles-tab.js
@@ -24,7 +24,10 @@ import {
 } from '../../../ducks/metamask/metamask';
 import { getIsMainnet, getUseCollectibleDetection } from '../../../selectors';
 import { EXPERIMENTAL_ROUTE } from '../../../helpers/constants/routes';
-import { detectCollectibles } from '../../../store/actions';
+import {
+  checkAndUpdateCollectiblesOwnershipStatus,
+  detectCollectibles,
+} from '../../../store/actions';
 
 export default function CollectiblesTab({ onAddNFT }) {
   const collectibles = useSelector(getCollectibles);
@@ -38,31 +41,52 @@ export default function CollectiblesTab({ onAddNFT }) {
   const t = useI18nContext();
   const dispatch = useDispatch();
 
-  const collections = {};
-  collectibles.forEach((collectible) => {
-    if (collections[collectible.address]) {
-      collections[collectible.address].collectibles.push(collectible);
-    } else {
-      const collectionContract = collectibleContracts.find(
-        ({ address }) => address === collectible.address,
-      );
-      collections[collectible.address] = {
-        collectionName: collectionContract?.name || collectible.name,
-        collectionImage:
-          collectionContract?.logo || collectible.collectionImage,
-        collectibles: [collectible],
-      };
-    }
-  });
+  const getCollections = () => {
+    const collections = {};
+    const previouslyOwnedCollection = {
+      collectionName: 'Previously Owned',
+      collectibles: [],
+    };
+    collectibles.forEach((collectible) => {
+      if (collectible?.isCurrentlyOwned === false) {
+        previouslyOwnedCollection.collectibles.push(collectible);
+      } else if (collections[collectible.address]) {
+        collections[collectible.address].collectibles.push(collectible);
+      } else {
+        const collectionContract = collectibleContracts.find(
+          ({ address }) => address === collectible.address,
+        );
+        collections[collectible.address] = {
+          collectionName: collectionContract?.name || collectible.name,
+          collectionImage:
+            collectionContract?.logo || collectible.collectionImage,
+          collectibles: [collectible],
+        };
+      }
+    });
+    return [collections, previouslyOwnedCollection];
+  };
+
+  const [collections, previouslyOwnedCollection] = getCollections();
 
   const onEnableAutoDetect = () => {
     history.push(EXPERIMENTAL_ROUTE);
   };
 
+  const onRefresh = () => {
+    if (isMainnet) {
+      dispatch(detectCollectibles());
+    }
+    checkAndUpdateCollectiblesOwnershipStatus();
+  };
+
   return (
     <div className="collectibles-tab">
       {collectibles.length > 0 ? (
-        <CollectiblesItems collections={collections} />
+        <CollectiblesItems
+          collections={collections}
+          previouslyOwnedCollection={previouslyOwnedCollection}
+        />
       ) : (
         <Box padding={[6, 12, 6, 12]}>
           {isMainnet &&
@@ -115,34 +139,27 @@ export default function CollectiblesTab({ onAddNFT }) {
           alignItems={ALIGN_ITEMS.CENTER}
           justifyContent={JUSTIFY_CONTENT.CENTER}
         >
-          {isMainnet ? (
-            <>
-              <Box
-                className="collectibles-tab__link"
-                justifyContent={JUSTIFY_CONTENT.FLEX_END}
-              >
-                {useCollectibleDetection ? (
-                  <Button
-                    type="link"
-                    onClick={() => dispatch(detectCollectibles())}
-                  >
-                    {t('refreshList')}
-                  </Button>
-                ) : (
-                  <Button type="link" onClick={onEnableAutoDetect}>
-                    {t('enableAutoDetect')}
-                  </Button>
-                )}
-              </Box>
-              <Typography
-                color={COLORS.UI3}
-                variant={TYPOGRAPHY.H4}
-                align={TEXT_ALIGN.CENTER}
-              >
-                {t('or')}
-              </Typography>
-            </>
-          ) : null}
+          <Box
+            className="collectibles-tab__link"
+            justifyContent={JUSTIFY_CONTENT.FLEX_END}
+          >
+            {isMainnet && !useCollectibleDetection ? (
+              <Button type="link" onClick={onEnableAutoDetect}>
+                {t('enableAutoDetect')}
+              </Button>
+            ) : (
+              <Button type="link" onClick={onRefresh}>
+                {t('refreshList')}
+              </Button>
+            )}
+          </Box>
+          <Typography
+            color={COLORS.UI3}
+            variant={TYPOGRAPHY.H4}
+            align={TEXT_ALIGN.CENTER}
+          >
+            {t('or')}
+          </Typography>
           <Box
             justifyContent={JUSTIFY_CONTENT.FLEX_START}
             className="collectibles-tab__link"
diff --git a/ui/components/app/collectibles-tab/collectibles-tab.test.js b/ui/components/app/collectibles-tab/collectibles-tab.test.js
index 827a489aa..742bcae2b 100644
--- a/ui/components/app/collectibles-tab/collectibles-tab.test.js
+++ b/ui/components/app/collectibles-tab/collectibles-tab.test.js
@@ -172,9 +172,13 @@ const render = ({
 describe('Collectible Items', () => {
   const detectCollectiblesStub = jest.fn();
   const setCollectiblesDetectionNoticeDismissedStub = jest.fn();
+  const getStateStub = jest.fn();
+  const checkAndUpdateCollectiblesOwnershipStatusStub = jest.fn();
   setBackgroundConnection({
     setCollectiblesDetectionNoticeDismissed: setCollectiblesDetectionNoticeDismissedStub,
     detectCollectibles: detectCollectiblesStub,
+    getState: getStateStub,
+    checkAndUpdateCollectiblesOwnershipStatus: checkAndUpdateCollectiblesOwnershipStatusStub,
   });
   const historyPushMock = jest.fn();
 
@@ -264,15 +268,33 @@ describe('Collectible Items', () => {
     });
   });
   describe('Collectibles options', () => {
-    it('should render a link "Refresh list" when some collectibles are present and collectible auto-detection preference is set to true, which, when clicked calls a method DetectCollectibles', () => {
+    it('should render a link "Refresh list" when some collectibles are present on mainnet and collectible auto-detection preference is set to true, which, when clicked calls methods DetectCollectibles and checkAndUpdateCollectiblesOwnershipStatus', () => {
       render({
         selectedAddress: ACCOUNT_1,
         collectibles: COLLECTIBLES,
         useCollectibleDetection: true,
       });
       expect(detectCollectiblesStub).not.toHaveBeenCalled();
+      expect(
+        checkAndUpdateCollectiblesOwnershipStatusStub,
+      ).not.toHaveBeenCalled();
       fireEvent.click(screen.queryByText('Refresh list'));
       expect(detectCollectiblesStub).toHaveBeenCalled();
+      expect(checkAndUpdateCollectiblesOwnershipStatusStub).toHaveBeenCalled();
+    });
+
+    it('should render a link "Refresh list" when some collectibles are present on a non-mainnet chain, which, when clicked calls a method checkAndUpdateCollectiblesOwnershipStatus', () => {
+      render({
+        chainId: '0x4',
+        selectedAddress: ACCOUNT_1,
+        collectibles: COLLECTIBLES,
+        useCollectibleDetection: true,
+      });
+      expect(
+        checkAndUpdateCollectiblesOwnershipStatusStub,
+      ).not.toHaveBeenCalled();
+      fireEvent.click(screen.queryByText('Refresh list'));
+      expect(checkAndUpdateCollectiblesOwnershipStatusStub).toHaveBeenCalled();
     });
 
     it('should render a link "Enable Autodetect" when some collectibles are present and collectible auto-detection preference is set to false, which, when clicked sends user to the experimental tab of settings', () => {
diff --git a/ui/store/actions.js b/ui/store/actions.js
index c7c33157f..75be9893f 100644
--- a/ui/store/actions.js
+++ b/ui/store/actions.js
@@ -1391,6 +1391,10 @@ export function removeCollectible(address, tokenID, dontShowLoadingIndicator) {
   };
 }
 
+export async function checkAndUpdateCollectiblesOwnershipStatus() {
+  await promisifiedBackground.checkAndUpdateCollectiblesOwnershipStatus();
+}
+
 export function removeToken(address) {
   return async (dispatch) => {
     dispatch(showLoadingIndication());
diff --git a/yarn.lock b/yarn.lock
index 459cf818a..4488c6297 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -2643,10 +2643,10 @@
     web3 "^0.20.7"
     web3-provider-engine "^16.0.3"
 
-"@metamask/controllers@^22.0.0":
-  version "22.0.0"
-  resolved "https://registry.yarnpkg.com/@metamask/controllers/-/controllers-22.0.0.tgz#54f172be2ae7e32ce47536a1ff06e35cc6ee3c80"
-  integrity sha512-5m4aT+B87IOAvvlbfgqI5n7Pd6VSQUjHBfm34qMBBL5jjUFUSfK6BL0h6ef2jxTE2VCuyBibQ8A7sETQ1+Hd+Q==
+"@metamask/controllers@^23.0.0":
+  version "23.0.0"
+  resolved "https://registry.yarnpkg.com/@metamask/controllers/-/controllers-23.0.0.tgz#81ea9fa37924a14b08668f37e7e31f46091aa610"
+  integrity sha512-6hKh5H0HM1YLTOdfuD8gRXGCG3brEhTagup204SrlmwabTReaIIb/zXTat7jCs6ZvN362a44GO5mboZ6W9MhIA==
   dependencies:
     "@ethereumjs/common" "^2.3.1"
     "@ethereumjs/tx" "^3.2.1"
@@ -2667,7 +2667,6 @@
     ethereumjs-wallet "^1.0.1"
     ethers "^5.4.1"
     ethjs-unit "^0.1.6"
-    ethjs-util "^0.1.6"
     human-standard-collectible-abi "^1.0.2"
     human-standard-multi-collectible-abi "^1.0.4"
     human-standard-token-abi "^2.0.0"