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1975 Cloverdale Dr, Memphis, TN, 38114

2beds
2baths
924sqft
$87,500
$95price/sqft
$845/moest. monthly cost
$33,800/yrincome needed

About This Home

Looking for a really cute home with 2 bedrooms and 2 FULL BARHS and large fenced backyard, perfect for cookouts and gathering. Master bath is 10 x 7 feet, and the house note is less than $800 per month. This is cheaper than renting. Home completely remodeled and located near S Parkway and Lamar. Close to the expressway, shopping and churches. Don’t wait for the open house. Call today for private showing and ask about the NO down payment and first time homebuyer plan. This is ideal for the family that wants to downsize. Welcome home.

Getting Around

25
WalkingCar-Dependent
33
TransitSome Transit
35
BikeSomewhat Bikeable

Schools

3/10
Alcy Elementary SchoolGrades PK-51.8 mi
--
Hamilton Middle SchoolGrades 6-91.1 mi
3/10
Hamilton High SchoolGrades 9-121.2 mi

Construction

Condition

  • Year built: 1948

Materials

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

Type & Style

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

Interior

Appliances

  • Appliances included: Range/Oven,Washer,Dryer
  • Laundry features: Laundry Closet

Basement

  • Basement: Crawl Space

Bedroom2

  • Level: First
  • Area: 110

Bedrooms & Bathrooms

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

Dining Room

  • Area: 81

Features

  • All Bedrooms Down,1 or More BR Down,Primary Down,Renovated Bathroom,Full Bath Down,Smooth Ceiling,Living Room,Dining Room,Kitchen,Primary Bedroom,2nd Bedroom,2 or More Baths,Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
  • Flooring: Hardwood,Tile
  • Attic: Pull Down Stairs,Attic Access

Heating & Cooling

  • Heating features: Central,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 924 sqft

Kitchen

  • Features: Updated/Renovated Kitchen,Pantry,Kitchen Island,Kit/DR Combo
  • Area: 88

Living Room

  • Features: LR/DR Combination
  • Area: 165

Master Bathroom

  • Features: Smooth Ceiling,Tile Floor,Full Bath

Master Bedroom

  • Features: Tile Floor
  • Level: First
  • Area: 132

Property

Details

  • Parcel number: 031085 00086

Features

  • Stories: 1
  • Pool features: None
  • Patio & porch: Porch
  • Fencing: Chain Link,Chain Fence

Lot

  • Lot size: 7,840 sqft
  • Features: Some Trees,Level
  • Lot size dimensions: 50 x 130

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 WaveModerate
  • Tornado
    TornadoModerate

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 $442$5,304
Home Insurance $158$1,896
Property Taxes $70$840
Electricity $175$2,103
Total$845$10,140

Income You'd Need if You Spent...

35% on housing$28,971/yr
40% on housing$25,350/yr
45% on housing$22,533/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

$95This listing

vs Other Active Listings

Avg $/sqft

ZIP 38114$68
Shelby County$117

vs Homes Sold Last Month

Median $/sqft

ZIP 38114$115
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
2026-05-08Listed for sale$89,500
2026-04-11Sold$61,000
2026-03-27Pending sale$75,000
2026-03-05Listed for sale$75,000
2022-07-12Sold$30,000

For Sale by Agent

AgentOliver H Peyton
BrokerageThe Peyton Co., Inc., REALTORS

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