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967 North Holmes Street

967 North Holmes Street, Memphis, TN 38122
Multifamily in Binghampton-Lester
967 North Holmes Street in Memphis, TN was first built in 1951 and is 73 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 967 North Holmes Street has 5,936 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. In total, the area measurement of the land is 15,997 square feet.

Learn more about the property and building on this page. There is a unknown. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. 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 no air conditioning. As for heating, the home is utilizing a heating system. 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, 967 North Holmes Street sold most recently in Apr 22, 2020 for a total of $165,000. If you work out the math, that's approximately a cost of $27.80 per sqft. Before that, the property was also sold for $25,000 in Jan 7, 2011. 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 $3,604 in taxes each year. The initial year of tax delinquency occurred in 2017. 967 North Holmes Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $59,160. If we break it down further, the land itself was valued at $10,560. Improvements to the property, however, were assessed at a total of $48,600. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190801
08/01/2019
Studio
-
-
$192,000
bedrooms
Studio
bathrooms
-
$165,000 -14.06%
04/24/2020
Jill Berry

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Brick veneer
  • Floor Count: 1
  • Living Units: 8
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 15,997
  • Total Building Area: 5,936
  • Gross Building Area: 5,988
  • Building Area: 5,936
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Yes
  • Heated Square Feet: 5,936
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DERMON RESUBD
  • Land Acres: 0.367
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: WS HOLMES ST

Ownership

  • Current Owner : JACKSON FREDERICK
  • Previous Owner : AMERICAN ESTATE AND TRUSTS
  • Owner Before Previous Owner: PAR INVESTMENTS LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: CMU-1

Geography

  • Assessors Map Reference: MB 14-24
  • District: O
  • Parcel: 03-8022-0-0016
  • Lot: 1
  • Municipality: MEMPHIS
  • Latitude: 35.1587
  • Longitude: -89.9514

    Address

  • Full Address: 967 N Holmes St
  • Address - House Number: 967
  • Street Direction: N
  • Address - Street Name: Holmes
  • Address - Suffix Type: St
  • State: TN
  • City Name: Memphis
  • Carrier Code: C081
  • 4-Digit Zip Code: 3127
  • Zip Code: 38122

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,604
  • Intital Tax Deliquent Year: 2017

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 425,284
  • High Value: 618,707
  • Low Value: 231,860

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $140,250
  • First Open Lien Mortgage Lender: COMMUNITY BANK OF MISSISSIPPI
  • First Open Lien Mortgage Recording Date: Apr 24, 2020
  • First Open Lien Mortgage Loan Amount: $140,250
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: May 15, 2025

    Market Valuation

  • Market Total Value: $147,900
  • Market Land Value: $26,400
  • Market Improvement Value: $121,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $59,160
  • Assessed Land Value: $10,560
  • Assessed Improvements Value: $48,600

    Sales

  • Current Sale Contract Date: Apr 22, 2020
  • Current Sale Recording Date: Apr 24, 2020
  • Current Sale Transaction ID: 11757554875
  • Current Sale Price: $165,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20041841
  • Previous Sale Recording Date: Jan 19, 2011
  • Previous Sale Contract Date: Jan 07, 2011
  • Previous Sale Amount: $25,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COMMUNITY BANK OF MISSISSIPPI
  • First Mortgage Transaction Date: Apr 24, 2020
  • First Mortgage Loan Amount: $140,250
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: May 15, 2025

    Previous Mortgages

  • Previous Mortgage Lender: DAVID JEFF MAIER IRA
  • Previous Mortgage Transaction Date: Jan 19, 2011
  • Previous Mortgage Loan Amount: $115,000
  • Previous Mortgage Term: 120
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Jan 01, 2021

About Jackson - University Area



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Frequently Asked Questions

What neighborhood is 967 North Holmes Street located in?
The 967 North Holmes Street is a multifamily located in the neighborhood of Binghampton-Lester in Jackson - University Area, Memphis.
What is the average sales price for listings in 967 North Holmes Street?
The average sales price for units in 967 North Holmes Street is $175,000 currently.

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