NOT LISTED FOR SALE

494 Lytle St Memphis, TN 38122

High Point Terrace Neighborhood

Estimated Value: $265,000 - $316,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$180/Sq Ft Est. Value

Last Sold August 21, 2019

Last sale price $220,000 $138 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,664/month

28 Days on Market

Highlights

  • Updated Kitchen
  • Traditional Architecture
  • Bonus Room
  • White Station Middle Rated A-
  • Wood Flooring
  • Separate Outdoor Workshop

About This Home

As of August 2019

Perfect home whether downsizing or a first home, QUALIFIES for THDA DOWN PAYMENT ASSISTANCE! Charming High Point location, 3 Bedroom, 2 Bath with OPEN floorplan. Separate laundry room! NEW KITCHEN and BATHS with granite, GAS range, SS Appliances, microwave and dishwasher. NEW PAINT, inside and out. Beautiful NEW flooring, original HARDWOOD in hall and Bedrooms, NEW lighting, SMOOTH ceilings. Detached Bonus, perfect for workshop or "man cave." If downsizing, perfect for storage! Carport/fenced.

Last Agent to Sell the Property

Adam Underwood

Crye-Leike, Inc., REALTORS License #345013 Listed on: 06/23/2019

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Michelle Shaver-Simpson

Crye-Leike, Inc., REALTORS License #340533

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1959

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 60 x 120
  • Dog Run
  • Wood Fence
  • Chain Link Fence
  • Landscaped
  • Level Lot
  • Few Trees

Home Design

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

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,395 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Fireplace Features Masonry
  • Window Treatments
  • Living Room with Fireplace
  • Dining Room
  • Bonus Room
  • Storage Room
  • Laundry Room
  • Attic Access Panel

Kitchen

  • Updated Kitchen
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Bathtub With Separate Shower Stall

Home Security

  • Storm Doors
  • Iron Doors

Parking

  • 1 Car Attached Garage
  • Carport
  • Workshop in Garage

Outdoor Features

  • Patio
  • Separate Outdoor Workshop
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Voluntary home owners association
  • High Point Terrace Graham Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 044131 00011

Home Details

Home Type

Single Family

Year Built

Built in 1959

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: 171
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1395
  • Year Built: 1959
  • 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, Renovated Bathroom, Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 1, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Masonry, In Living Room
  • Floors/Ceilings: Hardwood Throughout, Tile, Smooth Ceiling
  • Full Bathrooms: 2
  • Equipment: Gas Cooking, Disposal, Dishwasher, Microwave
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Updated/Renovated Kitchen, Pantry
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Attic Access, Cat/Dog Free House
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Bonus Room
  • Primary Bathroom Description: Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Full Bath, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Patio, Storage, Pet Area, Workshop
  • Exterior Windows: Brick Veneer, Storm Door(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1A
  • Parking Storage: Storage Room(s), Workshop(s)

Utilities

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

Association/Amenities

  • Neighborhood Association: Voluntary

Lot Info

  • Lot Description: Some Trees, Level, Landscaped, Wood Fenced, Chain Fenced
  • Lot Number: 70
  • Acreage: 0.16
  • Lot Size: 60 X 120

Tax Info

  • Assessor Parcel Number: 044131 00011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2019
Closed on
Aug 21, 2019
Sold by
Olmsted Us Iii Llc
Bought by
Essex Realty Llc
Seller's Agent
Adam Underwood
Crye-Leike, Inc., REALTORS
Buyer's Agent
Michelle Shaver-Simpson
Crye-Leike, Inc., REALTORS
List Price
$249,900
Sold Price
$220,000
Premium/Discount to List
-$29,900
-11.96%
Current Estimated Value
$287,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,109
Avg. Annual Appreciation
4.32%
Original Mortgage
$154,000
Outstanding Balance
$134,583
Interest Rate
3.7%
Mortgage Type
Commercial
Estimated Equity
$152,526

Purchase Details

Closed on
Jul 9, 2015
Sold by
Kahalley Daniel H
Bought by
Olmsted Us Iii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
3.92%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 3, 2005
Sold by
Grisham Karen M
Bought by
Kahalley Daniel H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,400
Interest Rate
5.69%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 2, 1998
Sold by
Thompson Ruby
Bought by
Grisham Karen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,200
Interest Rate
7.16%

Purchase Details

Closed on
Jan 16, 1998
Sold by
Kail Anthony Keith and Kail Cindy L
Bought by
Thompson Ruby Mae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,200
Interest Rate
7.16%
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
Essex Realty Llc $220,000 None Available
Olmsted Us Iii Llc $103,000 Coventry Escrow & Title Co
Kahalley Daniel H $128,000 Fidelity Title & Escrow Inc
Grisham Karen M -- Lawyers Title Insurance Corp
Grisham Karen M -- Lawyers Title Insurance Corp
Thompson Ruby Mae $86,500 Lawyers Title Insurance Corp
Thompson Ruby Mae $86,500 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Essex Realty Llc $154,000
Previous Owner Olmsted Us Iii Llc $135,000
Previous Owner Kahalley Daniel H $102,400
Previous Owner Thompson Ruby Mae $69,200
Closed Kahalley Daniel H $19,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2019 08/21/19 Sold $220,000 -7.9% $157 / Sq Ft
07/21/2019 07/21/19 Pending -- -- --
07/12/2019 07/12/19 Price Changed $239,000 -4.4% $171 / Sq Ft
06/23/2019 06/23/19 For Sale $249,900 -- $179 / 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 $1,877 $64,050 $12,075 $51,975
2024 $1,877 $55,375 $8,050 $47,325
2023 $3,373 $55,375 $8,050 $47,325
2022 $3,373 $55,375 $8,050 $47,325
2021 $1,910 $55,375 $8,050 $47,325
2020 $2,157 $29,775 $8,050 $21,725
2019 $0 $29,775 $8,050 $21,725
2018 $952 $29,775 $8,050 $21,725
2017 $974 $29,775 $8,050 $21,725
2016 $1,125 $25,750 $0 $0
2014 $1,239 $28,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Adam Underwood

    Seller's Agent in 2019

    Adam Underwood

    Crye-Leike, Inc., REALTORS

    (901) 413-8963

    3 in this area

    107 Total Sales

    Adam Underwood
    Section Image
  • Michelle Shaver-Simpson

    Buyer's Agent in 2019

    Michelle Shaver-Simpson

    Crye-Leike

    (901) 581-6408

    2 in this area

    74 Total Sales

    Michelle Shaver-Simpson
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10055756

Memphis Area Association of REALTORS®

APN: 04-4131-0-0011

Tennessee Shelby County Memphis 38122 High Point Terrace

494 Lytle St, Memphis, TN

Not Listed for Sale

Detached

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