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3061 Carnes Ave, Memphis, TN, 38111

2beds
1baths
1,068sqft
$158,999
$149price/sqft
$1,322/moest. monthly cost
$52,880/yrincome needed

About This Home

Don’t miss this inviting home featuring 2 bedrooms and 2 bathrooms with an open floor plan designed for comfortable everyday living. The main living area offers a welcoming flow for relaxing or entertaining, while the kitchen and dining areas provide everyday functionality. The bedrooms offer flexibility for guests, a home office, or hobbies. Enjoy the spacious yard with room to relax, garden, or entertain. One or more photo(s) was virtually staged.

Getting Around

59
WalkingSomewhat Walkable
28
TransitSome Transit
65
BikeBikeable

Schools

4/10
Hanley K-8Grades PK-82.7 mi
3/10
Melrose High SchoolGrades 9-120.6 mi
5/10
Sherwood Middle SchoolGrades 6-81.1 mi

Construction

Condition

  • Year built: 1932

Type & Style

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

Interior

Bedroom2

  • Area: 132

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Area: 90

Features

  • All Bedrooms Up,Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 1,068 sqft

Kitchen

  • Area: 117

Living Room

  • Area: 154

Master Bedroom

  • Area: 132

Property

Details

  • Parcel number: 045082 00003

Features

  • Stories: 1
  • Pool features: None
  • Exterior features: Other (See REMARKS)

Lot

  • Lot size: 6,969 sqft
  • Features: Other (See Remarks)
  • Lot size dimensions: 50 x 147

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 $803$9,636
Home Insurance $216$2,592
Property Taxes $128$1,536
Electricity $175$2,103
Total$1,322$15,864

Income You'd Need if You Spent...

35% on housing$45,325/yr
40% on housing$39,660/yr
45% on housing$35,253/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

$149This listing

vs Other Active Listings

Avg $/sqft

ZIP 38111$103
Shelby County$117

vs Homes Sold Last Month

Median $/sqft

ZIP 38111$145
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
2026-08-11Price change$150,000
2026-07-16Price change$158,999
2026-07-01Price change$165,999
2026-06-17Price change$172,999
2026-05-30Listed for sale$181,900
2026-02-26Listing removed$1,345
2026-02-19Price change$1,345
2026-02-03Listed for rent$1,425
2025-09-24Listing removed$1,295
2025-09-18Price change$1,295
2025-09-11Price change$1,390
2025-09-04Price change$1,435
2025-08-28Listed for rent$1,535
2023-07-13Listing removed--
2023-06-23Listed for rent$1,470
2022-05-30Listing removed--
2022-05-20Listed for rent$1,345
2022-02-14Listing removed--
2022-02-08Listed for sale$220,900
2022-01-31Pending sale$220,900
2022-01-31Price change$220,900
2022-01-19Listed for sale$185,000
2021-08-12Sold$26,000
1995-07-28Sold$44,000

For Sale by Agent

AgentVicki Testerman
BrokerageMainstay Brokerage, LLC

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