Check Availability
$525,000
↓ $20K (3.7%)
House - For Sale

528 S MCLEAN

Memphis, TN 38104
bedrooms
4 Beds
bathrooms
3 Baths
$3,165
Estimated Monthly
$0
HOA / Fees
2.30%
Cap Rate

About This Property

A truly rare opportunity to own this Central Gardens gem! With timeless elegance and historic charm, this home is perfect for entertaining. Enjoy an open kitchen/dining concept, while retaining a separate living space and study.  The sellers have added a custom built cedar sauna! New AC unit and new water heater!  This home has a spacious fenced in back yard, with ample room for parking.  A fully walkable basement, large primary bathroom with primary bath en-suite, and smooth vaulted ceilings.
Unit Size
-
Days on Market
26 days
Land Size
0.31 acres
Price per sqft
-
Property Type
House
Property Taxes
$587
HOA Dues
-
Year Built
1907
Listed By
Last updated: 11 days ago (MAARTN #10169488)

Price History

Date / Event Date Event Price
Apr 14, 2024 Price Decreased $525,000
↓ $20K (3.7%)
Price Decreased
Apr 5, 2024 Listed by KAIZEN Realty $545,000
Listed by KAIZEN Realty

Property Highlights

Fireplace
Air Conditioning
Interior Details

Fireplace Information

Fireplace

Building Info

Overview

    General

  • Year Built: 1907
  • Effective Year Built: 1907
  • 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: D
  • Building Style: Traditional
  • Exterior Walls Type: Rock and stone
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,725
  • Lot Size Depth Feet: 1,830
  • Lot Size Frontage Feet: 750
  • Total Building Area: 3,312
  • Gross Building Area: 3,312
  • Building Area: 3,312
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Window/unit air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,312
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: YOUNG
  • Land Acres: 0.315
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ES MCLEAN 406 FT N OF VINTON

Ownership

  • Current Owner : WIGGINS MARCUS
  • Previous Owner : STARNER GARY
  • Previous Owner 2: GREAR MEMPHIS HOMES LLC
  • Owner Before Previous Owner: STILES MYRA S
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 003300

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 01-6049-0-0035
  • Municipality: MEMPHIS
  • Latitude: 35.1316
  • Longitude: -90.0003

    Address

  • Full Address: 528 S Mclean Blvd
  • Address - House Number: 528
  • Street Direction: S
  • Address - Street Name: Mclean
  • Address - Suffix Type: Blvd
  • State: TN
  • City Name: Memphis
  • Carrier Code: C076
  • 4-Digit Zip Code: 5101
  • Zip Code: 38104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,040

    Appraisal Valuation

  • Standard Deviation: 0.2389
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 66
  • Final Value: 536,598
  • High Value: 664,806
  • Low Value: 408,389

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $483,400
  • First Open Lien Mortgage Lender: GSF MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Mar 10, 2021
  • First Open Lien Mortgage Loan Amount: $312,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2036
  • Second Open Lien Mortgage Lender: FIRST SOUTH FINANCIAL CREDIT U
  • Second Open Lien Mortgage Recording Date: Jan 05, 2023
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $171,400
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jan 05, 2053

    Market Valuation

  • Market Total Value: $462,300
  • Market Land Value: $105,800
  • Market Improvement Value: $356,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $115,575
  • Assessed Land Value: $26,450
  • Assessed Improvements Value: $89,125

    Sales

  • Current Sale Contract Date: Jul 02, 2020
  • Current Sale Recording Date: Jul 06, 2020
  • Current Sale Transaction ID: 11770842030
  • Current Sale Price: $27,827
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 20068967
  • Previous Sale Recording Date: Apr 19, 2017
  • Previous Sale Contract Date: Apr 18, 2017
  • Previous Sale Amount: $372,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: IBERIABANK
  • Previous Mortgage Transaction Date: Apr 19, 2017
  • Previous Mortgage Loan Amount: $334,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2047

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
2.5 Baths
-
$529,900 Dec 2, 2023
-
$502/mo
House
4 Beds
2.5 Baths
-
$575,000 Feb 28, 2024
-
$601/mo
House
4 Beds
3.5 Baths
-
$609,850 Mar 17, 2024
-
$472/mo
House
3 Beds
3 Baths
-
$497,000 Feb 20, 2024
-
$370/mo
Multifamily
5 Beds
4 Baths
-
$525,000 Mar 14, 2024
-
$755/mo

About Midtown


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Frequently Asked Questions

When was property at 528 South McLean Boulevard built and last sold?
The property at 528 South McLean Boulevard was built in 1907 and last sold on Jul 2, 2020 for $27,827.
How much is this home worth?
The estimated value of the home located at 528 South McLean Boulevard is $530,250.
What are some comparable homes to 528 South McLean Boulevard?
Homes that are comparable to 528 South McLean Boulevard include a house property at 227 South McLean Boulevard, 2024 Elzey Avenue, 526 South Cox Street.

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