1514 S Willett St, Memphis, TN, 38106
About This Home
Steady South Memphis Portfolio Addition — Tenant Occupied Investors and buyers, take notice! 1514 S Willett St features 2 bedrooms, 1 bathroom, and 1,110 sq. ft. of classic 1920-character. ?? Location Highlights: Nestled in the South Parkway-Willett area, enjoy immediate proximity to the historic Elmwood Cemetery, the Stax Museum of American Soul Music, and LeMoyne-Owen College. Quick interstate access via I-240 and South Parkway E makes downtown commutes a breeze. ?? PLEASE NOTE: This property is tenant-occupied. Please DO NOT disturb the tenants. Strictly no showings without an accepted offer first. Reach out to the listing agent today to submit your offer!
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1920
Materials
- Construction materials: Aluminum/Steel Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Other (See Remarks)
- Property subType: Single Family Residence
Interior
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Dining Room
- Features: Separate Dining Room
Features
- All Bedrooms Down,Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
- Flooring: Wood Laminate Floors,Tile
Heating & Cooling
- Heating features: Central
- Cooling features: None
Interior Area
- Total interior livable area: 1,110 sqft
Living Room
- Features: Separate Living Room
Property
Details
- Parcel number: 048031 00015
Features
- Stories: 1
- Pool features: None
Lot
- Lot size: 5,662 sqft
- Features: Level
- Lot size dimensions: 50 x 120
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
- Heat Wave
- Earthquake
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters Across Tennessee Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $333 | $3,996 |
| Home Insurance | $202 | $2,424 |
| Property Taxes | $53 | $636 |
| Electricity | $175 | $2,103 |
| Total | $763 | $9,156 |
Income You'd Need if You Spent...
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-17 | Listed for sale | $66,000 |
| 2026-04-01 | Listing removed | $65,000 |
| 2026-01-07 | Price change | $65,000 |
| 2025-09-05 | Listed for sale | $71,000 |
| 2020-02-07 | Sold | $21,000 |
| 2020-01-02 | Listed for sale | $24,900 |
| 2020-01-01 | Listing removed | $550 |
| 2019-10-17 | Listed for rent | $550 |
| 2017-10-03 | Listing removed | $550 |
| 2017-09-02 | Price change | $550 |
| 2017-08-23 | Price change | $565 |
| 2017-08-02 | Price change | $575 |
| 2017-06-17 | Listed for rent | $595 |
| 2014-05-02 | Listing removed | $25,000 |
| 2014-04-15 | Listed for sale | $25,000 |
| 2013-11-09 | Listing removed | $6,400 |
| 2013-11-07 | Price change | $6,400 |
| 2013-10-31 | Price change | $29,000 |
| 2013-10-15 | Listed for sale | $26,652 |
| 2013-09-20 | Listing removed | $550 |
| 2012-09-07 | Sold | $7,500 |
| 2012-08-18 | Pending sale | $10,000 |
| 2012-07-07 | Listed for sale | $10,000 |
| 2012-02-14 | Listing removed | $600 |
| 2012-02-04 | Listed for rent | $600 |
| 2011-05-18 | Sold | $6,800 |
| 2010-08-23 | Sold | $55,303 |
| 2007-07-13 | Sold | $52,000 |
| 2006-12-20 | Sold | $18,000 |
| 2006-09-14 | Sold | $32,200 |
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