61 E Fernwood Ave, Memphis, TN, 38109
About This Home
Discover the enduring appeal of this 1940s-built 1.5-story residence, a 2 bed (with bonus rm!) 2 ba home that stands as a testament to quality craftsmanship and thoughtful design. Spanning a versatile layout on a level lot framed by mature perimeter trees, this well maintained property boasts gorgeous original hardwood flooring throughout the main level, creating a warm and timeless aesthetic. The heart of the home features two distinct gathering spaces, each anchored by a classic masonry brick fireplace: a cozy living room and an expansive 18x22 family room complete with a dedicated 8x5 wet bar for effortless entertaining. Two comfortable bedrooms are located on the main floor, while the upper half-story provides a private 18x15 carpeted bonus room. The kitchen is designed for durability with easy-to-clean vinyl flooring. Step outside to enjoy the serene, shaded yard or the convenience of the large, detached two-car carport.
Getting Around
Car-Dependent
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1940
Materials
- Foundation: Other (See Remarks)
- Roof: Composition Shingles
- Construction materials: Brick Veneer,Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Range/Oven,Refrigerator
Bedroom2
- Features: Hardwood Floor
- Level: First
- Area: 143
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Dining Room
- Features: Separate Dining Room
- Area: 143
Features
- All Bedrooms Down,Primary Down,Full Bath Down,Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
- Flooring: Hardwood,Part Carpet,Vinyl
- Number of fireplaces: 2
- Fireplace features: Masonry,Living Room,Other (See Remarks)
- Fireplace: Yes
Heating & Cooling
- Heating features: Central,Natural Gas
- Cooling features: Central Air
Interior Area
- Total interior livable area: 2,666 sqft
Kitchen
- Area: 150
Living Room
- Features: Separate Living Room
- Area: 224
Master Bedroom
- Features: Hardwood Floor
- Level: First
- Area: 143
Property
Details
- Parcel number: 050059 00011
Features
- Stories: 1
- Pool features: None
- Patio & porch: Porch,Covered Patio
Lot
- Lot size: 0.31 Acres
- Features: Some Trees,Level
- Lot size dimensions: 94 x 135
Parking
- Total spaces: 2
- Parking features: Driveway/Pad
- Covered spaces: 2
- 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
- Earthquake
- Heat Wave
- Tornado
- Inland Flooding
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 | $454 | $5,448 |
| Home Insurance | $177 | $2,124 |
| Property Taxes | $72 | $864 |
| Electricity | $216 | $2,599 |
| Total | $919 | $11,028 |
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)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-16 | Price change | $119,900 |
| 2026-03-13 | Listed for sale | $124,900 |
| 2026-02-10 | Listing removed | $1,375 |
| 2026-01-25 | Listed for rent | $1,375 |
| 2026-01-03 | Listing removed | $1,375 |
| 2025-10-30 | Listed for rent | $1,375 |
| 2025-10-23 | Listing removed | $1,375 |
| 2025-10-16 | Listed for rent | $1,375 |
| 2025-10-01 | Listing removed | $1,375 |
| 2025-09-20 | Listed for rent | $1,375 |
| 2025-09-12 | Listing removed | $1,375 |
| 2025-08-22 | Listed for rent | $1,375 |
| 2014-01-11 | Listing removed | $700 |
| 2014-01-05 | Listed for rent | $700 |
| 2013-01-11 | Sold | $13,800 |
| 2012-12-14 | Pending sale | $10,000 |
| 2012-12-07 | Listed for sale | $10,000 |
| 2006-02-17 | Sold | $74,000 |
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