The Home Buyer's Korner

Information presented should be used for educational purposes only.

September 19th, 2015

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CREATING THE DREAM OF HOME OWNERSHIP

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Holly Grove Neighborhood

Covington, Tennessee

Molly

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Holly Grove area median real estate price is $110,580, which is more expensive than 38.1 percent of the neighborhoods in Tennessee and 25.0 percent of the neighborhoods in the U.S.

The average rental price in Holly Grove is currently $937, and the average rental cost in this neighborhood is higher than 85.5 percent of the neighborhoods in Tennessee.

Vacancy rates are 8.5 percent in Holly Grove. The rate is lower than 54.7 percent of the neighborhoods in the nation, and near the middle range for vacancies.

Holly Grove is a suburban neighborhood located in Covington, Tennessee, Tipton County, just north of Memphis and Shelby County, primarily made up of medium sized three or four bedroom to small studios to two bedroom single-family homes and manufactured homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Holly Grove neighborhood are established, but not old, having been built between 1970 and 1999, with a number of residences built between 1940 and 1969.

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways.

In the Holly Grove neighborhood, 31.7 percent of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 27.7 percent of the residents employed. Other residents here are employed in manufacturing and laborer occupations at 24.6 percent, and 15.7 percent in clerical, assistant, and tech support occupations.

Culture is shared and learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture, our learned behavior comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestry often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Holly Grove neighborhood of Covington, Tennessee, residents most commonly identify their ethnicity or ancestry as Irish at 6.0 percent. There are also a number of people of English ancestry at 4.3 percent, and residents who report German roots at 4.2 percent. Some of the residents are also of Italian ancestry at 1.1 percent.

The most common language spoken in the Holly Grove neighborhood is English, spoken by 98.9 percent of households.

Livingston Homes for Sale

TENNESSEE HOME OWNERSHIP TOOLS

Your Home Purchasing or Refinancing & Renovation Tools,

Home Improvements, Home Renovations,

Mortgage Loan Officers, Real Estate Agents & General Contractors

are ready to assist you with your home purchase.

Here are just a few of the home improvements

you might consider with any Home Renovation loan

Repair or replace a roof

Install, replace or repair gutters and downspouts

Replace, repair or upgrade your HVAC system

Repair or replace plumbing

Install, repair or replace electrical systems

Kitchen remodeling (including the purchase and installation of appliances)

Bathroom remodeling, Full interior painting, Total exterior painting

Repair or replace a septic system and/or well

Disability access (wheelchair ramp, elevator, widen doorways)

Build, repair or replace deck, patio or porch

Basement waterproofing and finishing

Abatement/Stabilization of lead-based paint hazards

Replace old windows, Room additions, Finish an attic

Add a second story to your home

Replace a termite damaged sill plate (a water-damaged sill plate also)

Possible landscaping items such as correction of grading & drainage problems,

tree removal, repair a driveway and sidewalks

FHA 203K

Your Home Purchasing or Refinancing & Renovation Tool

Mortgage Loan Officers, Real Estate Agents & General Contractors

are ready to assist you with your home purchase

FANNIE MAE HOMESTYLE

The Conventional Alternative to FHA 203K

Great for Real Estate Investors and Second Home Renovations

Mortgage Loan Officers, Real Estate Agents & General Contractors

are ready to assist you with your home purchase

USDA RURAL DEVELOPMENT

Up to $10K for Home Improvements, Renovations or a Simple Remodel

Mortgage Loan Officers, Real Estate Agents & General Contractors are ready to assist you

A SIMPLE HOME SHOPPING INSPECTION TOOL

Organizing your home shopping experience affords a wise decision-making process.

This simple home inspection tool makes your ultimate buying decision a smart one.

To print this document click on “Open in New Window” located at the lower right corner;

click on “File”; then click on “Print”. In the center of the screen you will

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START YOUR PATH TO HOME OWNERSHIP TODAY

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CV Rocky Rd Woodlawn Terrace Templeton Rd Alexander Dr LIBERTY CH SMITH RD PHILLIPS ST Sawmill Rd Liberty Church Smith Rd Hazel Grove Rd COLLIERVILLE ARLINGTON RD TIPTON ST Dogwood Ln SCHOOL ST BRUNSWICK RD MAIN ST N Jessie Ave BLALACK ST Indian Creek Rd NOLAN RD Candy Ln Woodshire Ln MYRON CREEK RD Liberty Dr Brighton Clopton Rd Harmon Cv SCOTT LN Hillsong Ln Nelson Owen Cv PEBO RD Darlington Dr Countryside Cir  Owen Rd Smith Cv Liberty Lake Cv Shady Ln Leonard Ln Allen Cir Dawson Rd Hilltop Cir Frog Jump Rd Nelson Dr Mockingbird Dr Daniel Dr HILL ST Summer Oaks Vw SUMMER OAKVIEW DR Joe Reed Rd SHELBY ACRES COVE Coats Rd Michelle Cv Oaklawn Dr Russwood Ave Salmon Rd Michelle Dr GOFORTH VET MEM PKWY Goforth Veterans Memorial Pkwy Thomas St Loretta Cv Scott St MT CARMEL RD Cheryl St Church St Porterville Rd Papershell Ln Amber Tree Cv Nelson Rd SHELBY MEADOWS COVE SHELBY MEADOWS LN Lee Cv Smith Ln Kenwood Ave Donna Cv Sadler School Rd Sadler School Rd E HIGHWAY 14 S Goforth Veterans Mem Pkwy Donna Dr MAIN ST OF WOODLAWN Higgins Rd CURTIS RD KENWOOD AVE E Harmon Cv MAE SIGMA RD Lyndsey Dr Carrington Ave Old Memphis Rd GRANDVIEW DR Poplar St McQuiston Rd Bennett Woods Dr MCCAIN RD Oaklawn Dr Woodlawn Ave MISS HELEN CIR GAINESVILLE RD SMITH RD Travis Dr Poplar St Timbs Ln Regency Dr Sunnyside Dr Hayes Ln Pisgah Rd Plantation Rd Woodlawn Ave Highway 14 HWY 51 Rene St Huffman Dr POPLAR ST S HWY 51 N HWY 51 S Huffman Rd Old Hwy 51 Hwy Wylie Dr Preston Cir Sunnyside Rd Fannie Dr SHELBY MEADOWS CV Kelly Cv HIGHWAY 51 S Walnut View Dr Kenwood Ave Becks Ln Planters Grove Trl Jim McKenzie Rd McCadonia RD LAKESHORE MOCKINGBIRD LAKESHORE MOCKINGBIRD HL 38019 HOGAN RD Bride Ln Bride Rd HWY 179 Woodbrier Cv HILL ST HALL RD Oakview Ave Airport Parkway Dr MAPLE ST S Church Ave ILL CENTER RAILROAD Cottonwood Pl Mallard Cv Woodview Cv Ruffin Ln Nolan Rd Terry Ln Rd S Old Brighton Rd Virginia Ave Flat Iron Cv HALL ST Liberty Ave Flat Iron Rd Sherrod Ave Boyce Ave Wkbl Dr Boyce Rd Cottonwood Way McIntyre Rd HASTINGS WAY Wilcox Ave PINECREST ST JEAN HALL HERITAGE CV Winn Ave WALTERS ST BLAYDES DR Terry Lane Rd PLEASANT AVE Roane St Walkhill Ln Bluebird Rd Burnett Ln Azalea Ln Ash Ave Red Bud Cv Union St Forrest St Greer Dr Rhodes Rd Oak Grove Rd Kimbrough Dr J E Roberts Rd Hatchie Ave HATCHIE ST Carr Ave James Ave Maple St Dixon Ave Arbor Greens Cv Ervin Ln Whitehorn Rd Walton Loop Town Creek Rd HIGHWAY 51 Menefee St Walton Rd Erwin Cir Highway 51 N Troy St HIGHWAY 51 S CEMETERY ST Erwin Rd Rob Huffman Dr Grace Ln SUMMIT CV Holmes Ave Smith Dr Sandpiper Dr EAST ST Highway 54 E Gillespie Dr Rialto Rd MAIN ST Fyfe St Old Memphis Rd Pleasant Ave Turner Dairy Rd LOOKOUT AVE Cummins St Shoaf Rd Fleming Dr Highway 59 S Highway 59 W Highway 59 W Hwy ABLE AVE High St Habitat Cv TENNESSEE AVE TURNER LN ROBBINS RD Crane Cv Solo Rd Hanks Rd Byars St St Luke Rd Sherrod Ave Kinney Ave SOUTHALL RD HWY 14 Industrial Rd N JETTON DR RIPLEY ST SPRING ST E ILL CENTER R R 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Rd Bledsoe Ave Michael St Dove Cv E Dove Cv W Smithville Trailer Park MAIN ST S Embry Anderson Rd Henry Hall Rd Payne Ave Howard St Vandergrift Dr Munford St Fisher Rd Robin Cv Woodmont Cv Terrace Dr Tatlock Ave Tatlock Cir Country Lake Dr Spring St GAY RD KELLEY CIR CHARLESTON GIFT RD Kelley Dr Danning Cir BERT JOHNSTON AVE Gaines Rd Vandy Ave Pinecrest St CHARLESTON RD CLOWES RD RIPLEY AVE Baxter Ave Boals Ave Mt Carmel Rd Pine St Eagle Trace Rd Tipton St DAVIS ST CHURCH AVE Stone Ave Morris Cir Wakefield Ln Long Rd CHURCH AVE CHARLIE OWEN RD Tipton Cir TIPTON HAYWOOD CO LINE MAIN ST Highway 14 N Highway 14 S Ferguson Travis Rd Tipton St Hensley Rd Tuxedo Dr TIPTON ST HWY 51 Tipton St Tipton St Neal Rd HWY 51 Lackey St Holly Brook Cv HWY 51 N HWY 51 S Campbell Dr Tipton St Bowden Dr Washington Ave SCOTT RD Kelly Corner Rd ROUGHEDGE RD Davis St Mt Lebanon Rd JACKSON ST Surrey Hill Pl Russwood Dr JANET RD Oil Mill Rd Ripley Ave Downing Hawkins Maple Street North St Terry Ln BLACKBERRY LN Harvest Cv HWY 54 Andrew St Morris Rd Rolling Hills Lake Dr HWY 54 E COLLEGE ST Bess Ln Evergreen St Edgewood Ave Sanford Ave Logan Dr GLADNEY RD Antioch Cotton Lake Rd McWilliams Rd Antioch Highway 51 Rd Liberty Ave COLLEGE ST N Mallard Cv Munford St Lincoln St Irene St Sanford Rd Highway 179 HWY 59 CHURCH RD McDow Ln HILL AVE Best St Teamer Rd Cardinal Dr Hwy 59 Garland Ave HWY 59 W Robin Cir GARLAND DETROIT RD Torrey Pines Cv Garland Dr Deena Cv Holly Grove Rd Sunset Ave Elm St Millstone Mountain Rd COTTON AVE COTTON BAY CV Indian Wells Dr Harvest Trail Ln Bucksnort Rd Hickman Rd Kellys Chapel Rd Katie Cv Burgess Ln MCFADDAN AVE Terry Lane North Rd TERRY LANE RD S Terry Lane South Rd McFadden Ave Terry Ln Steven Ave Tabernacle Rd Park Rd COTTON LAKE RD Vaughn Rd Killdeer Ln WILLIE PICKENS RD Warring Ave Highway 51 BRINGLE RD GLASS RD Eaton St Cotton Top Rd Ralph Rd Rosedale Ave 51 Hwy ANTIOCH HWY 51 RD HIGHWAY 54 HIGHWAY 59 LIBERTY AVE E Ripley Ave SHERROD AVE W WASHINGTON AVE W Charleston Tabernacle Ln HIGHWAY 14 LOOKOUT AVE E HWY 59 Maple St HARRIS AVE HWY 14  Melrose Rd Hwy 14 Hwy Downing Rd HWY 14 S Peeler Rd Crestview St Sivil Cir Groom Ave Mueller Brass Rd Maple St Green St Rocky Branch Rd LEIGH CHAPEL RD OF EAST SPRING ST Peete St Hill Rd Ruth Rd Bethel St OF LONG AVE OF SHERROD AVE ZION ST Maley Cir Main St Countrywood Cv College St SHILOH RD High St Hall Aly Countrywood Rd HIGHWAY 51 NORTH 2 HIGHWAY 59 W Prettyman Rd MILL RD CULBREATH RD Stanford Park St Pleasant Ave Lauderdale Ave TRACE CK RD Gray Rd MEADOWVIEW CV SHELTON ST Stout Cv

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