1121 Will Scarlet Rd, Memphis, TN, 38111
About This Home
Charming, easy-care living in the heart of Sherwood Forest! This move-in-ready 2-bedroom, 1-bathroom home features a functional 802 sq. ft. layout with 5 total rooms, offering a comfortable and cozy flow throughout. Enjoy low-maintenance single-story living complete with covered carport parking. Situated on a 50x120 lot in a prime Memphis location close to local amenities, the University of Memphis, Audubon Park, dining, and main thoroughfares. Whether you're looking for an affordable starter home or a turnkey addition to your investment portfolio, 1121 Will Scarlet is a must-see!
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1949
Materials
- Construction materials: Brick Veneer
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Range/Oven
Bedroom2
- Features: Hardwood Floor
- Level: First
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Dining Room
- Area: 80
Features
- All Bedrooms Down,Primary Down,Smooth Ceiling,Living Room,Dining Room,Kitchen,Primary Bedroom,2nd Bedroom,1 Bath,Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
- Door features: Storm Door(s)
- Flooring: Part Hardwood,Tile
- Attic: Pull Down Stairs
Heating & Cooling
- Heating features: Central
- Cooling features: 220 Wiring,Central Air
Interior Area
- Total interior livable area: 802 sqft
Kitchen
- Area: 88
Living Room
- Features: LR/DR Combination
- Area: 168
Master Bedroom
- Features: Hardwood Floor
- Level: First
- Area: 120
Property
Details
- Parcel number: 058066 00017
Features
- Stories: 1
- Pool features: None
- Exterior features: Storage
- Fencing: Wood,Wrought Iron,Iron Fence
Lot
- Lot size: 5,662 sqft
- Features: Some Trees,Level,Landscaped
- Lot size dimensions: 50 x 120
Parking
- Total spaces: 1
- Parking features: Driveway/Pad,Gated
- Covered spaces: 1
- 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 | $682 | $8,184 |
| Home Insurance | $183 | $2,196 |
| Property Taxes | $109 | $1,308 |
| Electricity | $175 | $2,103 |
| Total | $1,149 | $13,788 |
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 |
|---|---|---|
| 2026-08-02 | Listed for sale | $135,000 |
| 2022-09-15 | Sold | $140,000 |
| 2022-08-12 | Contingent | $139,900 |
| 2022-08-07 | Listed for sale | $139,900 |
| 2022-07-20 | Sold | $87,000 |
| 2005-10-19 | Sold | $38,000 |
| 2005-07-08 | Sold | $53,559 |
| 1996-01-31 | Sold | $47,500 |
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