See Home Value
$278,644*
House - Off Market

2516 HALE

Memphis, TN 38112
bedrooms
3 Beds
bathrooms
2.5 Baths, 1 Half Bath
$249,000 - $303,000
Reference Base Price*
0.78%
Since Jun 1, 2023
National-US
Primary Model
Sold Jun 15, 2023
$260,000
$246,235 by Independent Bank
Mortgage Due Jul 01, 2063
Sold Jul 14, 2020
$249,901
$241,901 by Cadence Bank Na
Mortgage Due Aug 01, 2050

About This Property

OPEN SAT-4/22 11-1 & SUN-4/23 2-4 Updated & completely renovated bungalow maintains respect for the era in which the home was built. Located on corner lot near the Broad Avenue Arts District. Beautiful Hardwood floors throughout ! Gorgeous Kitchen w/SS appliances, granite countertops. Exposed ceiling beams. Laundry Room ! Primary Bedroom Suite on 1st floor w/large walk-in shower. 2 Car Garage. Private rear fenced courtyard provides security between garage and house. Additional yard behind garage
Unit Size
-
Days on Market
-
Land Size
0.13 acres
Price per sqft
-
Property Type
House
Property Taxes
$322
HOA Dues
-
Year Built
1900

Price History

Date / Event Date Event Price
Jun 15, 2023 Sold to Elizabeth J Sumner, John C ... $260,000
Sold to Elizabeth J Sumner, John C ...
May 31, 2023 No longer available -
No longer available
Apr 29, 2023 In contract -
In contract
Apr 22, 2023 Price Decreased $276,500
↓ $500 (0.2%)
Price Decreased
Apr 15, 2023 Price Decreased $277,000
↓ $500 (0.2%)
Price Decreased
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Good
  • Building Quality: A
  • Construction Type: Frame
  • Building Style: Colonial
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 660
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,892
  • Gross Building Area: 1,892
  • Building Area: 1,892
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,892
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BINGHAMTON
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NS HALE COR MERTON NW

Ownership

  • Current Owner : SUMNER JOHN C
  • Current Owner 2: SUMNER ELIZABETH J
  • Previous Owner : CARMICHAEL TEAIRE L
  • Owner Before Previous Owner: RED DOOR MEMPHIS LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 002700

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MB 3-39
  • District: O
  • Parcel: 03-3014-0-0013
  • Block: 25
  • Lot: 14
  • Municipality: MEMPHIS
  • Latitude: 35.1434
  • Longitude: -89.9762

    Address

  • Full Address: 2516 Hale Ave
  • Address - House Number: 2516
  • Address - Street Name: Hale
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C091
  • 4-Digit Zip Code: 3328
  • Zip Code: 38112

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,815

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 460,919
  • High Value: 670,549
  • Low Value: 251,288

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $246,235
  • First Open Lien Mortgage Lender: INDEPENDENT BANK
  • First Open Lien Mortgage Recording Date: Jun 15, 2023
  • First Open Lien Mortgage Loan Amount: $246,235
  • First Open Lien Mortgage Term: 480
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2063

    Market Valuation

  • Market Total Value: $250,500
  • Market Land Value: $12,000
  • Market Improvement Value: $238,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $62,625
  • Assessed Land Value: $3,000
  • Assessed Improvements Value: $59,625

    Sales

  • Current Sale Contract Date: Jun 12, 2023
  • Current Sale Recording Date: Jun 15, 2023
  • Current Sale Transaction ID: 11908115557
  • Current Sale Price: $260,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 49415
  • Previous Sale Recording Date: Jul 14, 2020
  • Previous Sale Contract Date: Jul 14, 2020
  • Previous Sale Amount: $249,901
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: INDEPENDENT BANK
  • First Mortgage Transaction Date: Jun 15, 2023
  • First Mortgage Loan Amount: $246,235
  • First Mortgage Terms: 480
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2063

    Previous Mortgages

  • Previous Mortgage Lender: CADENCE BANK NA
  • Previous Mortgage Transaction Date: Jul 14, 2020
  • Previous Mortgage Loan Amount: $241,901
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2050



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
1 Bath
-
$229,000 Mar 30, 2023
-
$734/mo
House
3 Beds
2.5 Baths
-
$325,000 Oct 20, 2022
-
$77/mo
House
3 Beds
2.5 Baths
-
$325,000 Jan 27, 2023
-
$163/mo
House
3 Beds
2.5 Baths
-
$325,000 Sep 1, 2022
-
$163/mo
House
3 Beds
2 Baths
-
$329,900 Apr 12, 2023
-
$297/mo
House
4 Beds
2 Baths
-
$320,000 Mar 10, 2023
-
$320/mo

About Jackson - University Area


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Frequently Asked Questions

When was property at 2516 Hale Road built and last sold?
The property at 2516 Hale Road was built in 1900 and last sold on Jun 12, 2023 for $260,000.
How much is this home worth?
The estimated value of the home located at 2516 Hale Road is $279,265.
What are some comparable homes to 2516 Hale Road?
Homes that are comparable to 2516 Hale Road include a house property at 533 Carpenter Street, 520 Carpenter Street, 526 Carpenter Street.

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