When was property at 493 Grahamwood Drive built and last sold?

The property at 493 Grahamwood Drive was built in 1949 and last sold on Jun 26, 2009 for $112,500.

How much is this home worth?

The estimated value of the home located at 493 Grahamwood Drive is $247,450.

What are some comparable homes to 493 Grahamwood Drive?

There are currently no comparable homes to 493 Grahamwood Drive.

Memphis

38122

493 GRAHAMWOOD

1 / 26

Map

$221,000 - $269,000

● House - Off Market

493 GRAHAMWOOD

Memphis, TN 38122

2 Beds

1 Bath

Sold Jul 08, 2009

$112,500

Hughes Kirby Hughes John

Buyer

Lagonia Michael Angelo Lagonia Michael Angelo

Seller

$95,500 by Iberiabank

Mortgage Due Nov 01, 2032

Sold Aug 31, 2007

$85,000

Lagonia Ii Michael Angelo Lagonia Michael Angelo

Buyer

Wilkinson Lynne P Wilkinson Gary R

Seller

$77,647 by Franklin American Mortgage Co

Mortgage Due Sep 01, 2037

About This Property

New Pricing, Motivated, High Point Terrace Charm! This 2bedroom 1 bath, home blends classic elegance with modern upgrades. Original Hardwood flooring throughout the home beautifully complements the newly renovated kit with pristine White Shaker Cabinets, New Granite tops, SS DW, & MW, Gas range. Picture perfectly updated bath w/white subway tiles & Bronze Fixtures. Freshly painted interior! Xtra lg Pking Pad. fenced back yard.Convenient to Green Line, Grahamwood & White Sta school

Unit Size

Days on Market

Land Size

0.16 acres

Price per sqft

Property Type

House

Property Taxes

$196

HOA Dues

Year Built

1949

Price History

Date / Event	Date	Event
Mar 18, 2024	No longer available	-
No longer available
Feb 21, 2024	Relisted	$245,000
Relisted
Feb 9, 2024	In contract	-
In contract
Dec 6, 2023	Price Decreased	$245,000 ↓ $15K (5.7%)
Price Decreased
Oct 7, 2023	Price Decreased	$259,900 ↓ $10K (3.7%)
Price Decreased
Oct 1, 2023	Price Decreased	$269,900 ↓ $100 (0%)
Price Decreased
Sep 15, 2023	Listed	$270,000
Listed

Property Highlights

Air Conditioning

Building Info

Overview

General

Year Built: 1949

Effective Year Built: 1949
Building Count: 1
Total Rooms: 5
Bedroom Count: 2
Bathroom Count: 1
Full Bathrooms: 1
Partial Bathrooms: 1
Bathroom Plumbing Fixtures: 3
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: Detached
Garage Square Area: 288
Parking Space Count: 0

Dimensions

Lot Size Square Feet: 7,200

Lot Size Depth Feet: 1,200
Lot Size Frontage Feet: 600
Total Building Area: 968
Gross Building Area: 968
Building Area: 968
Building Area Measurement: Living Area

Heating and Cooling

Air Conditioning: Central air conditioning

Heating: Central heating
Heated Square Feet: 968
Heating Fuel Type: Gas

Utilities

Sewer System: unknown

Water Service: unknown

Building

Property Class: Residential

Subdivision: GRAHAM GARDENS
Land Acres: 0.165
Standard Land Use Code: Single family residential
Legal Description 1: WS GRAHAMWOOD DRIVE

Ownership

Current Owner : HUGHES KIRBY

Current Owner 2: HUGHES JOHN
Previous Owner : LAGONIA MICHAEL ANGELO
Previous Owner 2: LAGONIA MICHAEL ANGELO
Owner Before Previous Owner: WILKINSON LYNNE P
Owner Before Previous Owner 2: WILKINSON GARY R
Is Owner Occupied: Owner-occupied property

Neighborhood

School District Name: Shelby County School District

Census Tract: 002900

Zoning

Zoning: R-6

Geography

Assessors Map Reference: MB 13-52

District: O
Parcel: 04-4131-0-0007
Block: B
Lot: 60
Municipality: MEMPHIS
Latitude: 35.1453
Longitude: -89.9318

Address

Full Address: 493 Grahamwood Dr

Address - House Number: 493
Address - Street Name: Grahamwood
Address - Suffix Type: Dr
State: TN
City Name: Memphis
Carrier Code: C091
4-Digit Zip Code: 3847
Zip Code: 38122

Valuation

Tax

Tax Year: 2023

Tax Amount: $2,353

Appraisal Valuation

Standard Deviation: 0.1089

Valuation Date: Mar 20, 2024
Confidence Score: 89
Final Value: 231,539
High Value: 256,769
Low Value: 206,309

Open Liens

Total Open Liens: 1

Total Open Liens Amount: $95,500
First Open Lien Mortgage Lender: IBERIABANK
First Open Lien Mortgage Recording Date: Oct 31, 2017
First Open Lien Mortgage Loan Amount: $95,500
First Open Lien Mortgage Term: 180
First Open Lien Mortgage Position: 1
First Open Lien Mortgage Loan Type: New Conventional
First Open Lien Mortgage Loan Due Date: Nov 01, 2032

Market Valuation

Market Total Value: $154,500

Market Land Value: $32,200
Market Improvement Value: $122,300

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $38,625
Assessed Land Value: $8,050
Assessed Improvements Value: $30,575

Sales

Current Sale Contract Date: Jun 26, 2009

Current Sale Recording Date: Jul 08, 2009
Current Sale Transaction ID: 1176731698
Current Sale Price: $112,500
Current Sale Document Type: Warranty Deed
Current Sale Input Document Number: 09080408
Previous Sale Recording Date: Aug 31, 2007
Previous Sale Contract Date: Aug 27, 2007
Previous Sale Amount: $85,000
Previous Sale Document Type: Warranty Deed

Last Sale Mortgage

First Mortgage Lender: MAGNA BANK

First Mortgage Transaction Date: Jul 08, 2009
First Mortgage Loan Amount: $110,461
First Mortgage Terms: 360
First Mortgage Loan Type: FHA
First Mortgage Loan Due Date: Jul 01, 2039

Previous Mortgages

Previous Mortgage Lender: FRANKLIN AMERICAN MORTGAGE CO

Previous Mortgage Transaction Date: Aug 31, 2007
Previous Mortgage Loan Amount: $77,647
Previous Mortgage Term: 360
Previous Mortgage Loan Type: FHA
Previous Mortgage Loan Due Date: Sep 01, 2037

Redact Ownership Info

Comparables

3741 Faxon Avenue

Active

House

3 Beds

2 Baths

$230,000 Feb 16, 2024

$64/mo

4085 Philwood Avenue

Active

House

3 Beds

2 Baths

$220,000 Oct 11, 2023

$252/mo

3724 Charleston Square

Active

Townhouse

2 Beds

2.5 Baths

$214,500 Jan 9, 2024

$167/mo

4076 Philwood Avenue

Active

House

3 Beds

1.5 Baths

$274,900 Feb 22, 2024

$273/mo

3697 Kenwood Avenue

In Contract

House

2 Beds

1 Bath

$250,000 Oct 27, 2022

510 Eastern Drive

Active

House

3 Beds

1 Bath

$209,000 Jan 25, 2024

$142/mo

475 North Highland Street #3F

Active

Townhouse

3 Beds

3 Baths

$199,900 Oct 8, 2023

$193/mo

About Memphis

Stats & Trends

Median Asking:

$199,900

Sale Price/ft²

$145

Below Asking

0.03%

Average Days on Market

Average Home Size

0 ft²

Average Home Age

63.5 years

Currently For Sale

949 Listings

Similar Homes for Sale

Unit for sale at 475 North Highland Street, Memphis, TN 38122

$199,900

3 Beds
3 Baths

475 North Highland Street #3F, Memphis, TN 38122 Listing by Pam Beall

Unit for sale at 510 Eastern Drive, Memphis, TN 38122

$209,000

3 Beds
1 Bath

510 Eastern Drive, Memphis, TN 38122 Listing by Lisa Cannon

Unit for sale at 4076 Philwood Avenue, Memphis, TN 38122

$274,900

3 Beds
1.5 Baths

4076 Philwood Avenue, Memphis, TN 38122 Listing by Sara Shaw

Similar Properties

Click here to see other properties in this area.

Nearby Rentals

Unit for rent at 1167 National St., Memphis, TN, 38122

$995 /mo

3 Beds
2 Baths
1,308 ft²

1167 National St. #1167 National St., Memphis, TN, 38122 Listing by Manager

Unit for rent at 3447 Tutwiler Avenue, Memphis, TN, 38122

$1,045 /mo

2 Beds
1 Bath
1,118 ft²

3447 Tutwiler Avenue #3447 Tutwiler Avenue, Memphis, TN, 38122 Listing by Manager

Unit for rent at 3523 Barwood Circle, Memphis, TN, 38122

$995 /mo

1 Bed
1 Bath
900 ft²

3523 Barwood Circle #3523 Barwood Circle, Memphis, TN, 38122 Listing by Manager

Rentals Near You

Click here to view more rentals in the neighborhood.

493 GRAHAMWOOD

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Ownership

Neighborhood

Zoning

Geography

Valuation

Comparables

About Memphis

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions