NOT LISTED FOR SALE

7498 E Holmes Rd Memphis, TN 38125

Southern Shelby County Neighborhood

Estimated Value: $203,000 - $357,000

4 Beds
3 Baths
2,600-2,799 Sq Ft
$106/Sq Ft Est. Value

Last Sold April 25, 2016

Last sale price $150,000 $54 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $1,785/month

394 Days on Market

Highlights

  • Water Views
  • 2 Car Attached Garage
  • Monitored
  • 0.73 Acre Lot
  • Eat-In Kitchen
  • Laundry Room

About This Home

As of April 2016

Must see this custom built home on almost a acre lot. 3 levels. The main level you walk into has the kitchen and living/dining area. Upstairs is 3 bedrooms and 2 bathrooms, downstairs is a huge den, bathroom, bedroom and laundry. Partially fenced in backyard. Long driveway with turn-around area. Lake/pond next door does not belong to this property. All electric house, gas has been run to the house but not installed. One Owner homes ! Must see !!

Last Agent to Sell the Property

Sandra Gill

KAIZEN Realty, LLC License #269800 Listed on: 02/23/2015

KAIZEN Realty, LLC

Last Buyer's Agent

Alex Walker

Continental Company License #24571

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,837

Year Built

  • Built in 1980

Lot Details

  • 0.73 Acre Lot
  • Wood Fence
  • Chain Link Fence
  • Landscaped
  • Few Trees

Home Design

  • Split Level Home
  • Composition Shingle Roof

Interior Spaces

  • 2,600-2,799 Sq Ft Home
  • 2,670 Sq Ft Home
  • 1.7-Story Property
  • Ceiling Fan
  • Fireplace Features Masonry
  • Combination Dining and Living Room
  • Den with Fireplace
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Partially Carpeted
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Monitored
  • Fire and Smoke Detector
  • Iron Doors

Parking

  • 2 Car Attached Garage
  • Carport
  • Driveway

Outdoor Features

  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Community Details

  • Stone Shadows East Pd Subdivision
  • Building Fire Alarm

Listing and Financial Details

  • Assessor Parcel Number D0255K E00002

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,837

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Split Level
  • Detached Unit Type: General Residential
  • Cross Street: Hacks Cross
  • MLS Map #: 789C
  • MAAR Subdivision Name: STONE SHADOWS EAST
  • List Price Per Sq Ft: 58
  • Number Of Stories: 1.7
  • Price Per Sq Ft: 56.18
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2670
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Estimated Heated Sq Ft Range: 2600-2799
  • Bedroom 2 Description: Carpet
  • Bedroom 3 Description: Carpet
  • Bedroom 4 Description: Carpet
  • Bedrooms: 4
  • Bedrooms Down: 3
  • Fireplace: Masonry, In Den/Great Room
  • Floors/Ceilings: Part Carpet, Tile, Vinyl Floor
  • Full Bathrooms: 3
  • Equipment: Range/Oven, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Living Dining Kitchen: LR/DR Combination, Eat-In Kitchen, Breakfast Bar
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room
  • Total Bathrooms: 3
  • P R I M A R Y B E D R O O M: Carpet

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Storage Building
  • Exterior Windows: Brick Veneer
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 2
  • Parking Display: C2A
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central, Electric, Electric Heat Pump
  • Security: Burglar Alarm, Fire Alarm, Monitored Alarm System, Smoke Detector(s), Iron Door(s), Dead Bolt Lock(s), Closed Circuit TV
  • Water Sewer: Electric Water Heater, Public Water, Septic Tank

Lot Info

  • Lot Description: Some Trees, Water View, Landscaped, Wood Fenced, Chain Fenced
  • Lot Number: 47
  • Acreage: 0.73
  • Lot Size: 104.15 X 305.05 IRR
  • Price Per Acre: 212192

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: D0255K E00002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2023
Sold by
Otis Lynn Jr Glenn and Lynn Paula E
Bought by
Lynn Glenn Otis
Current Estimated Value
$295,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,182
Outstanding Balance
$239,279
Interest Rate
7.12%
Mortgage Type
FHA
Estimated Equity
$56,346

Purchase Details

Listed on
Feb 23, 2015
Closed on
Apr 25, 2016
Sold by
Nunn Dennis W and Nunn Martha J
Bought by
Lynn Glenn Otis
Seller's Agent
Sandra Gill
KAIZEN Realty, LLC
Buyer's Agent
Alex Walker
Continental Company
List Price
$194,900
Sold Price
$150,000
Premium/Discount to List
-$44,900
-23.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.58%
Original Mortgage
$153,225
Interest Rate
3.71%
Mortgage Type
VA

Purchase Details

Closed on
Aug 3, 2004
Sold by
Nunn Dennis W and Nunn Martha J
Bought by
Loyal Featherstone Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,400
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lynn Glenn Otis -- None Listed On Document
Lynn Glenn Otis $150,000 Alliance Title & Escrow Llc
Loyal Featherstone Construction Inc $147,588 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynn Glenn Otis $243,182
Previous Owner Lynn Glenn Otis $153,225
Previous Owner Loyal Featherstone Construction Inc $49,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2016 04/25/16 Sold $150,000 -23.0% $58 / Sq Ft
03/23/2016 03/23/16 Pending -- -- --
02/23/2015 02/23/15 For Sale $194,900 -- $75 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,837 $52,275 $8,025 $44,250
2024 $1,837 $54,175 $5,400 $48,775
2023 $1,837 $54,175 $5,400 $48,775
2022 $1,837 $54,175 $5,400 $48,775
2021 $1,869 $54,175 $5,400 $48,775
2020 $1,590 $39,250 $5,400 $33,850
2019 $1,590 $39,250 $5,400 $33,850
2018 $1,590 $39,250 $5,400 $33,850
2017 $1,613 $39,250 $5,400 $33,850
2016 $1,826 $41,775 $0 $0
2014 $1,826 $41,775 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sandra Gill

    Seller's Agent in 2016

    Sandra Gill

    KAIZEN Realty, LLC

    (901) 461-7253

    1 in this area

    16 Total Sales

    Section Image

  • A

    Buyer's Agent in 2016

    Alex Walker

    Continental Company

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9945687

Memphis Area Association of REALTORS®

APN: D0-255K-E0-0002

Tennessee Shelby County Memphis 38125 Southern Shelby County

7498 E Holmes Rd, Memphis, TN

This home is located at 7498 E Holmes Rd, Memphis, TN 38125 since 23 February 2015 and is currently estimated at $295,625, approximately $105 per square foot. This property was built in 1980. 7498 E Holmes Rd is a home located in Shelby County with nearby schools including Highland Oaks Elementary School, Highland Oaks Middle School, and Southwind High School.

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