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563 Summitt St, Memphis, TN, 38104

3beds
2baths
1,533sqft
$235,000
$153price/sqft
$1,727/moest. monthly cost
$69,080/yrincome needed

About This Home

Charming Craftsman bungalow in the desirable Lenox neighborhood! This 3 bed, 2 bath home offers over 1,500 sq ft of character-filled living space with original woodwork, tall ceilings, transom windows, and a stunning double sided brick fireplace. Spacious living and dining areas flow seamlessly, while the large kitchen provides ample cabinet space and functionality. Generous primary bedroom with double closets & great natural light. Enjoy relaxing on the inviting front porch or entertaining in the private, fenced backyard. Recent updates include a 2025 Rheem gas pack HVAC and newer water heater. Located in a highly walkable Midtown location close to shopping, dining, parks, and easy interstate access. A perfect blend of historic charm and everyday convenience!

Getting Around

81
WalkingVery Walkable
33
TransitSome Transit
57
BikeBikeable

Schools

7/10
--
Hamilton Middle SchoolGrades 6-92.3 mi
4/10
Central High SchoolGrades 9-121.7 mi

Construction

Condition

  • Year built: 1910

Materials

  • Roof: Composition Shingles
  • Construction materials: Wood/Composition

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional,Bungalow
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Range/Oven,Dishwasher
  • Laundry features: Laundry Closet

Basement

  • Basement: Crawl Space

Bedroom2

  • Features: Shared Bath,Carpet
  • Level: First
  • Area: 224

Bedroom3

  • Features: Carpet
  • Level: First
  • Area: 224

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Features: Separate Dining Room
  • Area: 182

Features

  • All Bedrooms Down,Living Room,Dining Room,Kitchen,Primary Bedroom,2nd Bedroom,3rd Bedroom,2 or More Baths,Square Feet Source: Appraisal
  • Flooring: Part Carpet,Tile,Vinyl
  • Number of fireplaces: 1
  • Fireplace features: Living Room,In Other Room
  • Fireplace: Yes
  • Attic: Pull Down Stairs

Heating & Cooling

  • Heating features: Central,Natural Gas
  • Cooling features: Central Air,Ceiling Fan(s)

Interior Area

  • Total interior livable area: 1,533 sqft

Kitchen

  • Features: Washer/Dryer Connections
  • Area: 156

Living Room

  • Features: Separate Living Room
  • Area: 208

Master Bathroom

  • Features: Tile Floor,Full Bath

Master Bedroom

  • Features: Carpet
  • Level: First
  • Area: 238

Property

Details

  • Parcel number: 028009 00014

Features

  • Stories: 1
  • Pool features: None
  • Patio & porch: Porch,Deck
  • Fencing: Wood

Lot

  • Lot size: 4,356 sqft
  • Features: Level,Landscaped
  • Lot size dimensions: 40 x 113

Parking

  • Parking features: Driveway/Pad
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Tornado
    TornadoRelatively High

How This Home’s Risks Compare

Cold Wave
Earthquake
Heat Wave
Tornado

FEMA Declared Disasters Across Tennessee Counties

Flood
Freezing
Severe Ice Storm
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,188$14,256
Home Insurance $175$2,100
Property Taxes $189$2,268
Electricity $175$2,103
Total$1,727$20,724

Income You'd Need if You Spent...

35% on housing$59,211/yr
40% on housing$51,810/yr
45% on housing$46,053/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.5%
6.5%
0%30.0%
Electricity Growth Rate10-year average: 4.5%
4.5%
0%15.0%
Property Taxes Growth Rate2-year average: -0.8%
-0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$153This listing

vs Other Active Listings

Avg $/sqft

ZIP 38104$133
Shelby County$117

vs Homes Sold Last Month

Median $/sqft

ZIP 38104$169
Shelby County$132

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-28Listed for sale$240,000
1994-08-30Sold$88,500

For Sale by Agent

AgentJennifer A Arendale
BrokerageColdwell Banker Collins-Maury

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