NOT LISTED FOR SALE

427 Lytle St Memphis, TN 38122

High Point Terrace Neighborhood

Estimated Value: $234,761 - $250,000

3 Beds
1 Bath
100-999 Sq Ft
$245/Sq Ft Est. Value

Last Sold May 04, 2023

Last sale price $235,000 $235 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,408/month

2 Days on Market

Highlights

  • Updated Kitchen
  • Wood Flooring
  • Separate Formal Living Room
  • White Station High Rated A
  • Attic
  • Corner Lot

About This Home

As of May 2023

Great price! Great condition! Great location! Quiet street with quick access to Sam Cooper, Highland & Walnut Grove. Walk to Highpoint Grocery! All brick ranch with fabulous curb appeal & fresh landscaping. Light and bright throughout. Newly refinished hardwood floors, fresh paint, new tile in bathroom, gray kitchen cabinets & black appliances. Private, flat, fenced backyard with flagstone patio. Carport with large storage room that could be used as a separate home office, den, etc. Owner/Agent

Last Agent to Sell the Property

Melissa Buchanan

Reedy & Company, REALTORS License #371037 Listed on: 04/22/2023

Last Buyer's Agent

Sarah Heathcock

Keller Williams License #339197

Keller Williams

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 70x120
  • Dog Run
  • Wood Fence
  • Landscaped
  • Corner Lot
  • Level Lot
  • Few Trees

Home Design

  • Composition Shingle Roof

Interior Spaces

  • 100-999 Sq Ft Home
  • 991 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Some Wood Windows
  • Separate Formal Living Room
  • Dining Room
  • Storage Room
  • Laundry closet
  • Iron Doors
  • Attic

Kitchen

  • Updated Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Carport
  • Driveway

Outdoor Features

  • Patio
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System

Community Details

  • Graham Gardens Blk B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 044099 00019

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Ranch
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: HIGH POINT TERRACE
  • List Price Per Sq Ft: 230
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 991
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 100-999
  • Bedroom 2 Description: Level 1, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 1, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Hardwood Throughout, Smooth Ceiling
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Dishwasher, Microwave
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Updated/Renovated Kitchen
  • Other Rooms: Laundry Closet, Attic
  • Primary Bathroom Description: Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Patio, Wood Fence, Storage, Pet Area, Sidewalks
  • Exterior Windows: Wood Window(s)
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1
  • Parking Storage: Driveway/Pad, Storage Room(s)

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level, Corner, Landscaped, Wood Fenced
  • Lot Number: 135
  • Acreage: 0.19
  • Lot Size: 70X120

Tax Info

  • Assessor Parcel Number: 044099 00019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2024
Sold by
Gibbs James B and Gibbs Lisa S
Bought by
James And Lisa Gibbs Trust and Gibbs
Current Estimated Value
$244,940

Purchase Details

Listed on
Apr 22, 2023
Closed on
May 4, 2023
Sold by
Buchanan Melissa
Bought by
Gibbs Jay and Gibbs Lisa
Seller's Agent
Melissa Buchanan
Reedy & Company, REALTORS
Buyer's Agent
Sarah Heathcock
Keller Williams
List Price
$227,500
Sold Price
$235,000
Premium/Discount to List
$7,500
3.3%
Views
74

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.58%

Purchase Details

Closed on
Nov 28, 2018
Sold by
Memphis Investments Rental Properties Ll
Bought by
Buchanan Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2018
Sold by
Rattle Melissa G
Bought by
Memphis Investments Rental Property Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 26, 2010
Sold by
Rattle Melissa
Bought by
Rattle Melissa G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,481
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 16, 2006
Sold by
Birchler Amanda
Bought by
Rattle Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,941
Interest Rate
6.19%
Mortgage Type
FHA

Purchase Details

Closed on
May 13, 2003
Sold by
Rowland Chris and Rowland Stephan
Bought by
Birchler Amanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,382
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 21, 1999
Sold by
Bearden Carl A and Bearden Carrie L
Bought by
Rowland Chris C and Rowland Stephan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
James And Lisa Gibbs Trust -- None Listed On Document
Gibbs Jay $235,000 None Listed On Document
Buchanan Melissa $185,000 Delta Title Services Llc
Memphis Investments Rental Property Llc $140,000 Closetrak Closing & Title Se
Rattle Melissa G -- Memphis Title
Rattle Melissa $135,000 Realty Title
Birchler Amanda $121,000 Memphis Title Company
Rowland Chris C $99,500 --
Rowland Chris C $99,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Buchanan Melissa $148,000
Previous Owner Memphis Investments Rental Property Llc $160,000
Previous Owner Rattle Melissa G $135,481
Previous Owner Rattle Melissa $133,941
Previous Owner Birchler Amanda $117,382
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/04/2023 05/04/23 Sold $235,000 +3.3% $2,350 / Sq Ft
04/24/2023 04/24/23 Pending -- -- --
04/22/2023 04/22/23 For Sale $227,500 -- $2,275 / 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 $1,457 $58,225 $12,075 $46,150
2024 $1,457 $42,975 $8,050 $34,925
2023 $1,457 $42,975 $8,050 $34,925
2022 $2,618 $42,975 $8,050 $34,925
2021 $2,649 $42,975 $8,050 $34,925
2020 $1,973 $27,225 $8,050 $19,175
2019 $870 $27,225 $8,050 $19,175
2018 $870 $27,225 $8,050 $19,175
2017 $891 $27,225 $8,050 $19,175
2016 $1,053 $24,100 $0 $0
2014 $1,053 $24,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Melissa Buchanan

    Reedy & Company, REALTORS

    (901) 354-4633

    1 in this area

    11 Total Sales

    Melissa Buchanan
    Section Image

  • S

    Buyer's Agent in 2023

    Sarah Heathcock

    Keller Williams

    3 in this area

    66 Total Sales

    Sarah Heathcock
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10146457

Memphis Area Association of REALTORS®

APN: 04-4099-0-0019

Tennessee Shelby County Memphis 38122 High Point Terrace

427 Lytle St, Memphis, TN

Not Listed for Sale

Detached

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