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1357 East Holmes Road

1357 East Holmes Road, Memphis, TN 38116
Sold Nov 08, 2019
$76,000
$60,800 by Crosscountry Mortgage Llc
Mortgage Due Nov 01, 2049
Sold Apr 23, 2014
$75,900
$80,800 by Rei Capital Llc
Mortgage
1357 East Holmes Road in Memphis, TN was first built in 1965 and is 59 years old. 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 10 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 1357 East Holmes Road has 2,970 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 1,000 ft and the linear feet between the front and back of the lot is 1,490. In total, the area measurement of the land is 14,903 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable style roof made of composition shingle. For those who need parking, there is a attached garage. The garage is 540 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of A. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick veneer. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1357 East Holmes Road sold most recently in Oct 21, 2019 for a total of $76,000. If you work out the math, that's approximately a cost of $21.65 per sqft. Before that, the property was also sold for $75,900 in Apr 17, 2014. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,540 in taxes each year. 1357 East Holmes Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $41,700. If we break it down further, the land itself was valued at $5,300. Improvements to the property, however, were assessed at a total of $36,400. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: A
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Partial basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 540
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 14,903
  • Lot Size Depth Feet: 1,490
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 3,510
  • Gross Building Area: 3,510
  • Building Area: 2,970
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,970
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RICHMOND COLONY
  • Land Acres: 0.342
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SS HOLMES RD 109.635 FT E OF MARYNELLE ST

Ownership

  • Current Owner : GOODALE JEFFERY WAYNE
  • Previous Owner : STERLING CAROLYN
  • Owner Before Previous Owner: GP MEMPHIS CASHFLOW

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 022130

Zoning

  • Zoning: R-10

Geography

  • District: O
  • Parcel: 07-9122-0-0002
  • Lot: 1
  • Municipality: MEMPHIS
  • Latitude: 35.0061
  • Longitude: -90.0186

    Address

  • Full Address: 1357 E Holmes Rd
  • Address - House Number: 1357
  • Street Direction: E
  • Address - Street Name: Holmes
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Memphis
  • Carrier Code: C019
  • 4-Digit Zip Code: 8352
  • Zip Code: 38116

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,540

    Appraisal Valuation

  • Standard Deviation: 0.1089
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 89
  • Final Value: 141,048
  • High Value: 156,417
  • Low Value: 125,678

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $60,800
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Nov 08, 2019
  • First Open Lien Mortgage Loan Amount: $60,800
  • 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: Nov 01, 2049

    Market Valuation

  • Market Total Value: $166,800
  • Market Land Value: $21,200
  • Market Improvement Value: $145,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $41,700
  • Assessed Land Value: $5,300
  • Assessed Improvements Value: $36,400

    Sales

  • Current Sale Contract Date: Oct 21, 2019
  • Current Sale Recording Date: Nov 08, 2019
  • Current Sale Transaction ID: 11672849407
  • Current Sale Price: $76,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19117252
  • Previous Sale Recording Date: Apr 23, 2014
  • Previous Sale Contract Date: Apr 17, 2014
  • Previous Sale Amount: $75,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Mortgage Transaction Date: Nov 08, 2019
  • First Mortgage Loan Amount: $60,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: REI CAPITAL LLC
  • Previous Mortgage Transaction Date: Apr 23, 2014
  • Previous Mortgage Loan Amount: $80,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Mc Kellar - Whitehaven-Levi PD



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Frequently Asked Questions

What neighborhood is 1357 East Holmes Road located in?
The 1357 East Holmes Road is a house located in the neighborhood of Richmond Colony in Mc Kellar - Whitehaven-Levi PD, Memphis.
What is the average sales price for listings in 1357 East Holmes Road?
The average sales price for units in 1357 East Holmes Road is $0 currently.

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