NOT LISTED FOR SALE

487 Lytle St Memphis, TN 38122

High Point Terrace Neighborhood

Estimated Value: $305,000 - $347,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$202/Sq Ft Est. Value

Last Sold March 28, 2022

Last sale price $315,000 $197 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,874/month

30 Days on Market

Highlights

  • Spa
  • Updated Kitchen
  • Traditional Architecture
  • White Station Middle Rated A-
  • Deck
  • Wood Flooring

About This Home

As of March 2022

Wonderful Highpoint Terrace 3 bedroom, 2 bath home is move in ready! Updated kitchen opens to the living room w/fireplace and wonderful built-in bookshelves. Separate laundry room. Lots of natural light. Deck w/hot tub, nice sized yard w/fence and close to the green line. Don't let this one get away! Showings start Saturday 2/19/22 or see you at the open house Sunday, February 20, 2022 1-2:30

Last Agent to Sell the Property

Jennifer Williams

Hobson, REALTORS License #337889 Listed on: 02/18/2022

Last Buyer's Agent

Rachel Martin

Keller Williams License #363358

Keller Williams

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 60x140
  • Chain Link Fence
  • Landscaped
  • Level Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,445 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Decorative Fireplace
  • Fireplace Features Masonry
  • Some Wood Windows
  • Entrance Foyer
  • Living Room with Fireplace
  • Dining Room
  • Keeping Room
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Oven or Range
  • Gas Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Spa
  • Deck
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System

Community Details

  • Graham Gardens Subdv Blk B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 044093 00064

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: HIGH POINT TERRACE
  • List Price Per Sq Ft: 197
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1445
  • Year Built: 1952
  • 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, 2 or More Baths, Laundry Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down, Primary Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1, Shared Bath, Hardwood Floor
  • Bedroom 3 Description: Level 1, Shared Bath, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Masonry, Decorative Only, In Living Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Gas Cooking, Disposal, Dishwasher
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Updated/Renovated Kitchen, Breakfast Bar, Keeping/Hearth Room
  • Misc Interior: Pull Down Attic Stairs
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Entry Hall
  • P R I M A R Y B E D R O O M: Level 1, Hardwood Floor

Exterior Features

  • Misc Exterior: Storage Building, Deck, Hot Tub
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees, Level, Landscaped, Chain Fenced
  • Lot Number: 93
  • Acreage: 0.19
  • Lot Size: 60X140

Tax Info

  • Assessor Parcel Number: 044093 00064

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2022
Closed on
Mar 28, 2022
Sold by
Dallas Ronald H and Dallas Dustin
Bought by
Mcbride James and Mcbride Jessica
Seller's Agent
Jennifer Williams
Hobson, REALTORS
Buyer's Agent
Rachel Martin
Keller Williams
List Price
$285,000
Sold Price
$315,000
Premium/Discount to List
$30,000
10.53%
Current Estimated Value
$323,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,046
Avg. Annual Appreciation
0.68%
Original Mortgage
$299,250
Outstanding Balance
$280,658
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$42,388

Purchase Details

Listed on
Jun 8, 2015
Closed on
Aug 12, 2015
Sold by
Petree Aaron R
Bought by
Dallas Ronald H
Seller's Agent
David Tester
Marx-Bensdorf, REALTORS
Buyer's Agent
Deborah Brooks
Main Street, REALTORS
List Price
$215,000
Sold Price
$195,500
Premium/Discount to List
-$19,500
-9.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.46%
Original Mortgage
$191,958
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 6, 2006
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Petree Aaron R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,500
Interest Rate
6.2%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 11, 2005
Sold by
Cothern Gordon Thomas
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Sep 15, 2003
Sold by
Cothern Doyle Clark
Bought by
Hopper Melissa

Purchase Details

Closed on
Aug 3, 1999
Sold by
Mills Stanley Tr
Bought by
Cothern Gordon Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,600
Interest Rate
7.7%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mcbride James $315,000 Southern Trust Title
Dallas Ronald H $195,500 Edco Title & Closing Svcs In
Petree Aaron R $118,500 Associates Closing & Title H
Federal Home Loan Mortgage Corporation $99,537 --
Hopper Melissa -- --
Cothern Gordon Thomas $87,000 --
Cothern Gordon Thomas $87,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcbride James $299,250
Previous Owner Dallas Ronald H $191,958
Previous Owner Petree Aaron R $118,500
Previous Owner Cothern Gordon Thomas $69,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/28/2022 03/28/22 Sold $315,000 +10.5% $225 / Sq Ft
03/20/2022 03/20/22 Pending -- -- --
02/18/2022 02/18/22 For Sale $285,000 +45.8% $204 / Sq Ft
08/12/2015 08/12/15 Sold $195,500 -9.1% $140 / Sq Ft View Prior Sale
07/22/2015 07/22/15 Pending -- -- --
06/08/2015 06/08/15 For Sale $215,000 -- $154 / 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 $2,114 $71,375 $12,075 $59,300
2024 $2,114 $62,350 $8,050 $54,300
2023 $3,798 $62,350 $8,050 $54,300
2022 $3,798 $62,350 $8,050 $54,300
2021 $3,843 $62,350 $8,050 $54,300
2020 $3,576 $49,350 $8,050 $41,300
2019 $1,577 $49,350 $8,050 $41,300
2018 $1,577 $49,350 $8,050 $41,300
2017 $1,614 $49,350 $8,050 $41,300
2016 $1,770 $40,500 $0 $0
2014 $1,409 $32,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Williams

    Seller's Agent in 2022

    Jennifer Williams

    Hobson, REALTORS

    (901) 825-0044

    5 in this area

    131 Total Sales

    Jennifer Williams
    Section Image
  • Rachel Martin

    Buyer's Agent in 2022

    Rachel Martin

    Keller Williams

    (901) 277-5645

    3 in this area

    45 Total Sales

    Rachel Martin
    Section Image
  • David Tester

    Seller's Agent in 2015

    David Tester

    Marx-Bensdorf, REALTORS

    (901) 351-3439

    5 in this area

    129 Total Sales

    David Tester
    Section Image
  • Deborah Brooks

    Buyer's Agent in 2015

    Deborah Brooks

    Main Street, REALTORS

    (901) 218-6361

    39 Total Sales

    Deborah Brooks
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10117794

Memphis Area Association of REALTORS®

APN: 04-4093-0-0064

Tennessee Shelby County Memphis 38122 High Point Terrace

487 Lytle St, Memphis, TN

Not Listed for Sale

Detached

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