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2922 Semmes St, Memphis, TN, 38114

3beds
2baths
1,000sqft
$164,900
$165price/sqft
$1,439/moest. monthly cost
$57,560/yrincome needed

About This Home

New Construction just completed! This 3 bed, 2 bath home offers 1,000 heated sq ft with modern finishes, open layout, and move-in ready convenience. Perfect for homeowners or investors don’t miss this opportunity!

Getting Around

56
WalkingSomewhat Walkable
31
TransitSome Transit
43
BikeSomewhat Bikeable

Schools

6/10
5/10
Sherwood Middle SchoolGrades 6-81.5 mi
3/10
Melrose High SchoolGrades 9-121.4 mi

Construction

Condition

  • New construction: Yes
  • Year built: 1953

Materials

  • Foundation: Slab
  • Roof: Composition Shingles
  • Construction materials: Vinyl Siding

Other

  • Builder name: Irving Ravelo

Type & Style

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

Interior

Appliances

  • Appliances included: Electric Water Heater

Bedroom2

  • Features: Shared Bath,Smooth Ceiling
  • Level: First

Bedroom3

  • Features: Shared Bath,Smooth Ceiling
  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • All Bedrooms Down,Full Bath Down,Primary Down,Renovated Bathroom,Smooth Ceiling,2 or More Baths,2nd Bedroom,3rd Bedroom,Kitchen,Living Room,Primary Bedroom,Square Feet Source: Floor Plans (Builder/Architecture)
  • Flooring: Vinyl
  • Attic: Pull Down Stairs

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 1,000 sqft

Kitchen

  • Features: Updated/Renovated Kitchen

Living Room

  • Features: Separate Living Room
  • Area: 225

Master Bathroom

  • Features: Full Bath

Master Bedroom

  • Features: Smooth Ceiling
  • Level: First
  • Area: 154

Property

Details

  • Parcel number: 059025 00019

Features

  • Stories: 1
  • Pool features: None
  • Patio & porch: Porch
  • Living area range: 1000-1199

Lot

  • Lot size: 8,276 sqft
  • Features: Level,Some Trees
  • Lot size dimensions: 65 x 98

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
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Cold Wave
Earthquake
Heat Wave
Tornado
Inland Flooding
Lightning

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 $833$9,996
Home Insurance $298$3,576
Property Taxes $133$1,596
Electricity $175$2,103
Total$1,439$17,268

Income You'd Need if You Spent...

35% on housing$49,337/yr
40% on housing$43,170/yr
45% on housing$38,373/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

$165This 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)

No zestimate history available

Price History

DateEventPrice
2025-09-27Price change$175,000
2024-12-20Listed for sale$189,000

New Construction

AgentCesar Lara
BrokerageFast Track Realty, LLC

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