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1034 North Holmes Street

1034 North Holmes Street, Memphis, TN 38122
Sold Jul 18, 2023
$175,000
$140,000 by Paramount Residential Mortgage
Mortgage Due Aug 01, 2053
Sold Sep 14, 2022
$47,500
$60,000 by Aspen Equity Fund Llc
Mortgage
1034 North Holmes Street has been categorized by the local assessors in Memphis, TN as a residential type of property. The building on the property was first built in 1922 and is 102 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1034 North Holmes Street has 1,472 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,500 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 7,500 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bungalow style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1034 North Holmes Street was last sold in Jul 5, 2023 for $175,000. According to our calculations, that's $118.89 per sqft. Prior to that sales transaction, the property was sold for $47,500 in Sep 9, 2022. Current property owners are expected to pay $656 in taxes per year. The property on 1034 North Holmes Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $10,775. To break that down further, the land itself was valued at $1,125. While improvements to the property were assessed at a total of $9,650. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1922
  • Effective Year Built: 1922
  • Building Count: 1
  • Total Rooms: 5
  • 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: Alum/Vinyl siding
  • 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

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,472
  • Gross Building Area: 1,472
  • Building Area: 1,472
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,472
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HIGHLAND HEIGHTS
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ES HOLMES 50 FT S OF HENRY

Ownership

  • Current Owner : MEMPHIS PASSIVE 7 LLC
  • Previous Owner : KEYDIA HOLDINGS LLC
  • Owner Before Previous Owner: BRYANT GARY L
  • Owner Before Previous Owner 2: BRYANT NANCY L
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag Date: Oct 05, 2023

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 001300

Zoning

  • Zoning: RU-1

Geography

  • Assessors Map Reference: MB 4-118
  • District: O
  • Parcel: 03-8028-0-0031
  • Block: 9
  • Lot: 11&12
  • Municipality: MEMPHIS
  • Latitude: 35.1604
  • Longitude: -89.9509

    Address

  • Full Address: 1034 N Holmes St
  • Address - House Number: 1034
  • Street Direction: N
  • Address - Street Name: Holmes
  • Address - Suffix Type: St
  • State: TN
  • City Name: Memphis
  • Carrier Code: C081
  • 4-Digit Zip Code: 3126
  • Zip Code: 38122

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $656

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 67,378
  • High Value: 98,022
  • Low Value: 36,733

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $140,000
  • First Open Lien Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Open Lien Mortgage Recording Date: Jul 18, 2023
  • First Open Lien Mortgage Loan Amount: $140,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2053

    Market Valuation

  • Market Total Value: $43,100
  • Market Land Value: $4,500
  • Market Improvement Value: $38,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $10,775
  • Assessed Land Value: $1,125
  • Assessed Improvements Value: $9,650

    Sales

  • Current Sale Contract Date: Jul 05, 2023
  • Current Sale Recording Date: Jul 18, 2023
  • Current Sale Transaction ID: 11909520082
  • Current Sale Price: $175,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 59165
  • Previous Sale Recording Date: Sep 14, 2022
  • Previous Sale Contract Date: Sep 09, 2022
  • Previous Sale Amount: $47,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Mortgage Transaction Date: Jul 18, 2023
  • First Mortgage Loan Amount: $140,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: ASPEN EQUITY FUND LLC
  • Previous Mortgage Transaction Date: Sep 14, 2022
  • Previous Mortgage Loan Amount: $60,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Jackson - University Area



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Frequently Asked Questions

What neighborhood is 1034 North Holmes Street located in?
The 1034 North Holmes Street is a house located in the neighborhood of Jackson - University Area in Jackson - University Area, Memphis.
What is the average sales price for listings in 1034 North Holmes Street?
The average sales price for units in 1034 North Holmes Street is $0 currently.

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