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405 Lytle Street

405 Lytle Street, Memphis, TN 38122
Property in Shelby
Sold Oct 07, 2014
$144,000
$115,200 by Iberiabank Mortgage Co
Mortgage Due Oct 01, 2044
Sold Nov 27, 2007
$167,500
$75,000 by Residential Loan Centers Of Am
Mortgage Due Dec 01, 2037
405 Lytle Street in Memphis, TN was first built in 1950 and is 74 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a cottage style. It is a single story home. There are a total of 6 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 405 Lytle Street has 1,324 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 440 ft and the linear feet between the front and back of the lot is 1,780. In total, the area measurement of the land is 11,600 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable style roof made of composition shingle. For those who need parking, there is a carport. The garage is 378 sqft. There is one available parking space. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick veneer. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 405 Lytle Street sold most recently in Sep 30, 2014 for a total of $144,000. If you work out the math, that's approximately a cost of $108.76 per sqft. Before that, the property was also sold for $167,500 in Nov 16, 2007. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $3,299 in taxes each year. 405 Lytle Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $54,150. If we break it down further, the land itself was valued at $8,050. Improvements to the property, however, were assessed at a total of $46,100. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Cottage
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 378
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 11,600
  • Lot Size Depth Feet: 1,780
  • Lot Size Frontage Feet: 440
  • Total Building Area: 1,324
  • Gross Building Area: 1,324
  • Building Area: 1,324
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,324
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GRAHAM GARDENS
  • Land Acres: 0.266
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WS LYTLE CIRCLE

Ownership

  • Current Owner : MIDDLETON CYNTHIA L
  • Previous Owner : GROSSMAN LAUREN MICHELLE
  • Owner Before Previous Owner: SQUAREONE PROPERTIES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 002900

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 04-4099-0-0023
  • Block: B
  • Lot: 139
  • Municipality: MEMPHIS
  • Latitude: 35.1427
  • Longitude: -89.9329

    Address

  • Full Address: 405 Lytle St
  • Address - House Number: 405
  • Address - Street Name: Lytle
  • Address - Suffix Type: St
  • State: TN
  • City Name: Memphis
  • Carrier Code: C091
  • 4-Digit Zip Code: 4603
  • Zip Code: 38122

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,299

    Appraisal Valuation

  • Standard Deviation: 0.2496
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 288,419
  • High Value: 360,429
  • Low Value: 216,408

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $115,200
  • First Open Lien Mortgage Lender: IBERIABANK MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Oct 07, 2014
  • First Open Lien Mortgage Loan Amount: $115,200
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2044

    Market Valuation

  • Market Total Value: $216,600
  • Market Land Value: $32,200
  • Market Improvement Value: $184,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $54,150
  • Assessed Land Value: $8,050
  • Assessed Improvements Value: $46,100

    Sales

  • Current Sale Contract Date: Sep 30, 2014
  • Current Sale Recording Date: Oct 07, 2014
  • Current Sale Transaction ID: 1176729483
  • Current Sale Price: $144,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 14102540
  • Previous Sale Recording Date: Nov 27, 2007
  • Previous Sale Contract Date: Nov 16, 2007
  • Previous Sale Amount: $167,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: IBERIABANK MORTGAGE CO
  • First Mortgage Transaction Date: Oct 07, 2014
  • First Mortgage Loan Amount: $115,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2044

    Previous Mortgages

  • Previous Mortgage Lender: RESIDENTIAL LOAN CENTERS OF AM
  • Previous Mortgage Transaction Date: Nov 27, 2007
  • Previous Mortgage Loan Amount: $75,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Dec 01, 2037

About Memphis



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Frequently Asked Questions

What neighborhood is 405 Lytle Street located in?
The 405 Lytle Street is a located in the neighborhood of Shelby in Memphis, Memphis.
What is the average sales price for listings in 405 Lytle Street?
The average sales price for units in 405 Lytle Street is $0 currently.

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