A beautiful home located in sought after High Point Terrace area. This brick home is nestled on a quiet cul-de-sac in a friendly neighborhood and is minutes away from the Greenline. New fresh exterior paint and interior paint. .Light and open kitchen with gas cooking overlooking separate den, living and dining room. Separate laundry closet. Three bedrooms and 1.5 baths with ample closet space. Hardwood floors throughout Nice fenced backyard and patio is perfect for entertaining. One car garage plus separate space for workout room, home office or storage. Great value for living in High Point Terrace.
Summer Ave, located between Midtown Memphis and the Bartlett line, is a commercial and residential Memphis neighborhood with a long, linear corridor and a patchwork of mid-century storefronts. The neighborhood’s character concentrates around the Summer Ave & Highland St intersection, where neon signage, taquerias, produce markets, and repair shops keep the sidewalks in motion. Local pillars include the Summer Avenue Drive-In, the historic Evergreen Theatre, and Crosstown Brewing Company. Low-slung strip plazas mix with older brick buildings and pockets of modest homes set back from the traffic. The corridor’s global food counters and specialty grocers shape daily routines as much as the steady flow of cars. Greenway segments and nearby parks add breathing room to the asphalt-heavy streetscape.
Provided by Walk Score and Local Logic
Offer insights
481 Vaughn Rd · $245,000
$245K and above
75% chance or better to win
Why $245K+ is a strong offer
DAYS ON MARKET
79 days
The average home goes pending in 35 days.
SALE-TO-LIST
96.7%
Most homes are selling 3% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Updated/renovated kitchen
Separate living room, separate dining room, separate den
Breakfast bar
Washer/dryer connections
Smooth ceilings throughout
Seven total rooms
Single-story layout
Bedrooms
Three bedrooms, all on the main level
Primary bedroom with hardwood flooring and smooth ceiling (13 x 12)
Bedroom 2 with hardwood flooring, shared bathroom and smooth ceiling (14 x 10)
Bedroom 3 with hardwood flooring, shared bathroom and smooth ceiling (11 x 10)
Bathrooms
One full bathroom with tile floor and smooth ceiling
One half-bath
Kitchen
Range/oven
Gas cooking
Dishwasher
Refrigerator
Updated/renovated layout
Breakfast bar
Laundry & utility
Washer
Dryer
Washer/dryer connections
Flooring
Hardwood throughout
Tile in bathroom areas
Heating & cooling
Central heating (gas)
Central air conditioning
Exterior features
Porch
Patio
Wood fence
Workshop
Brick veneer exterior
Storm doors and storm windows
Some trees and landscaped, level yard
Home design
Detached single-family home
Traditional style
Built in 1950
One story
Parking
One covered parking space
Driveway/pad
Storage room(s)
Construction
Brick veneer construction
Originally built in 1950
Utilities
Public water
Public sewer
Electric service
Financial info
Financing options: Conventional, FHA, VA
Electricity and solar
View estimated energy costs and solar savings for this home
Memphis Area Association of Realtors(R) MLS #10223837
Aug 7, 2026
Price Changed
$245,000
Jun 25, 2026
Price Changed
$249,000
Jun 12, 2026
Listed
$254,900
Memphis Area Association of Realtors(R) MLS #10126961
Jul 20, 2022
Sold
$266,300
Jun 22, 2022
Listed
$269,900
+20
This is such an adorable home nestled on a quiet cove. Owners love hanging out with the neighbors in the front yard. Plus a huge fenced backyard. Raised flower and vegetable beds. Check out office/tv room/ storage in the garage! Yes, this house has a one car garage behind the gate! Minutes away from the Greenline. Large updated kitchen overlooking den and dining area. Separate living room. Plantation shutters and pristine hardwood floors. Separate laundry closet. So cute!
REALTRACS as Distributed by MLS Grid #3161499
Sep 15, 2020
Sold
$227,500
Sep 10, 2020
Listed
$235,000
Memphis Area Association of Realtors(R) MLS #10082548
Sep 15, 2020
Sold
$227,500
Aug 23, 2020
Price Changed
$235,000
Aug 11, 2020
Listed
$244,500
+17
Don't MISS the NEXT TRENDY POCKET of East Memphis & let this cool home get away!! Three Bedrooms, 1 -1/2 baths. Sellers have done many upgrades in the past 15 years: NEW KNOCKED OUT KITCHEN w/ Open keeping room adjacent. NEW Roof, NEW Heat & Air, recessed lighting, hardwood floors throughout, great floor plan for entertaining. One car garage/wired workshop, patio, large fenced yard. .. the list goes on and on. Low taxes & Great School Districts too!! OPEN HOUSE SUNDAY AUGUST 16th 2:00-3:30
Public Records
May 30, 2001
Sold
$110,000
Memphis Area Association of Realtors(R) MLS #1409951
Jun 28, 2001
Sold
$128,900
May 10, 2001
Listed
$129,900
Memphis Area Association of Realtors(R) MLS #1406511
Apr 15, 2001
Sold
$110,000
Mar 29, 2001
Listed
$110,000
Public Records
Jan 5, 1994
Sold
$66,808
Public Records
Aug 1, 1988
Sold
$70,051
Public Records
Jan 6, 1988
Sold
$65,000
Year
Property tax
Land + Additions
Assessment*
2025
$3,332 (−5.1%)
$12,075 + $51,150
$63,225
2024
$3,512 (+8.1%)
$12,075 + $51,150
$63,225
2023
$3,248
$8,050 + $45,275
$53,325
2022
$3,248 (−1.2%)
$8,050 + $45,275
$53,325
2021
$3,286 (+60.5%)
$8,050 + $45,275
$53,325
2020
$2,047
$8,050 + $45,275
$53,325
2019
$2,047
$8,050 + $20,200
$28,250
2018
$2,047 (+76.3%)
$8,050 + $20,200
$28,250
2017
$1,161 (−2.8%)
$8,050 + $20,200
$28,250
2016
$1,195
$8,050 + $20,200
$28,250
2014
$1,195
$8,050 + $19,300
$27,350
Public record
Public record
Zoning
Permits
Beds
3
Baths
1.5
Stories
1
Lot width
61 ft.
Lot depth
148 ft.
Lot size
9,028 Sq. Ft.
Year renovated
1983
Finished Sq. Ft.
1,488
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,488
Year built
1950
Style
Single Family Residential
County
Shelby County
APN
055004 00051
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 13, 2026.
R-6
Residential Single Family-6 District
The single-family residential districts are intended to accommodate one single-family detached principal dwelling unit per lot. These districts should be applied in areas where the land-use pattern is predominately single-family residential or where such a land use pattern is desired in the future. Five single-family residential districts are established-R-6 which are differentiated primarily on the basis of minimum lot area and setback requirements. New R-6 districts are generally located in an infill or redevelopment location where similar lot sizes are part of the original fabric of development. Additionally, R-6 districts should have a shared street network with and are generally located at least 500 to 1,000 ft from a CMU-1, CMU-2, CMU-3, or CBD district.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Senior
Infrastructure
Educational / school
Fire house
Police station
Recreation
Park & open space
Jan 31, 2024 • Final
Residential mechanical
Replace the furnace in a residential building.
HVAC
Oct 7, 2020 • Final
Residential electrical
Increase the electrical meter center service to 200 amps.
Electrical
Electric meter
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 109° expected this year, 20 days in 30 years
4/10 Wind Factor
18% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Memphis, TN • 38122
Average low and high temperatures (°F)
47
30
57
38
71
50
78
58
79
63
89
72
93
77
91
72
85
68
77
57
65
49
54
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
83/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.4 hrs
6.5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 481 Vaughn Rd
$241,841
$3,159 under list price of $245K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $220K to $299K.