See Home Value
$311,709*
House - Off Market

531 S HOLMES

Memphis, TN 38111
bedrooms
3 Beds
bathrooms
1.5 Baths
$176,000 - $214,000
Reference Base Price*
59.85%
Since Aug 1, 2017
National-US
Primary Model
Sold Jul 28, 2017
$1,700,000
Sold Jun 02, 2005
$155,000
$144,000 by Suntrust Mortgage Inc
Mortgage Due Jun 01, 2035

About This Property

Charming Bungalow in sought after neighborhood! Great curb appeal! Tons of natural light throughout, beautiful hardwood floors, cozy living room and separate dining room. Updated kitchen with breakfast bar overlooking large family room. Fresh paint and smoothed ceilings throughout. Large fenced backyard with deck perfect for entertaining, covered patio area  and storage shed.  New Roof in 2016. Character & personality - its all here!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1932

Price History

Date / Event Date Event Price
Jul 30, 2017 Listed $195,000
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 1932
  • Effective Year Built: 1932
  • Building Count: 1
  • Total Rooms: 8
  • 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: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 9,750
  • Lot Size Depth Feet: 1,950
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,508
  • Gross Building Area: 1,508
  • Building Area: 1,508
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,508
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COUNTRY CLUB
  • Land Acres: 0.224
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WS HOLMES

Ownership

  • Current Owner : HILL MICHELE
  • Previous Owner : MILLER KIMBERLY Y
  • Owner Before Previous Owner: LANE ANTHONY J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 007200

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 04-5107-0-0013
  • Lot: PT146
  • Municipality: MEMPHIS
  • Latitude: 35.1173
  • Longitude: -89.9534

    Address

  • Full Address: 531 S Holmes St
  • Address - House Number: 531
  • Street Direction: S
  • Address - Street Name: Holmes
  • Address - Suffix Type: St
  • State: TN
  • City Name: Memphis
  • Carrier Code: C059
  • 4-Digit Zip Code: 4311
  • Zip Code: 38111

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,670
  • Intital Tax Deliquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2495
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 284,733
  • High Value: 355,781
  • Low Value: 213,686

    Market Valuation

  • Market Total Value: $241,000
  • Market Land Value: $31,500
  • Market Improvement Value: $209,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $60,250
  • Assessed Land Value: $7,875
  • Assessed Improvements Value: $52,375

    Sales

  • Current Sale Contract Date: Jul 20, 2017
  • Current Sale Recording Date: Jul 28, 2017
  • Current Sale Transaction ID: 1590461376
  • Current Sale Price: $1,700,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 17076834
  • Previous Sale Recording Date: Jun 02, 2005
  • Previous Sale Contract Date: May 25, 2005
  • Previous Sale Amount: $155,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: SUNTRUST MORTGAGE INC
  • Previous Mortgage Transaction Date: Jun 02, 2005
  • Previous Mortgage Loan Amount: $144,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Jun 01, 2035



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
-
$230,000 Feb 14, 2024
-
$740/mo
In Contract
Multifamily
4 Beds
2 Baths
-
$205,000 Feb 12, 2024
-
$67/mo
House
4 Beds
2 Baths
-
$175,000 Nov 22, 2023
-
$143/mo
House
2 Beds
1 Bath
-
$160,000 Aug 24, 2023
-
$62/mo
Land
Loft
-
-
$199,000 Jul 27, 2023
-
$134/mo

About Jackson - University Area


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Frequently Asked Questions

When was property at 531 South Holmes Street built and last sold?
The property at 531 South Holmes Street was built in 1932 and last sold on Jul 20, 2017 for $1,700,000.
How much is this home worth?
The estimated value of the home located at 531 South Holmes Street is $196,950.
What are some comparable homes to 531 South Holmes Street?
There are currently no comparable homes to 531 South Holmes Street.

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