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1455 Effie Rd, Memphis, TN, 38106

3beds
1baths
792sqft
$29,900
$38price/sqft
$441/moest. monthly cost
$17,640/yrincome needed

About This Home

Attention investors and DIY enthusiasts! Multiple exit strategies: finish this remodel then either flip, rent or move in! Home being sold as is. Cash preferred but will consider financed all offers. Seller is assisted by an Attorney in Fact. Do not knock on door or approach house without prior communication.

Getting Around

43
WalkingCar-Dependent
29
TransitSome Transit
41
BikeSomewhat Bikeable

Schools

3/10
Hamilton High SchoolGrades 9-120.9 mi

Construction

Condition

  • Year built: 1960

Materials

  • Construction materials: Other

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: None

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bedrooms: 3

Features

  • Flooring: Other
  • Finished area above ground: 792

Heating & Cooling

  • Heating features: Other
  • Cooling features: Other

Interior Area

  • Total structure area: 792
  • Total interior livable area: 792 sqft

Property

Details

  • Parcel number: 060051 00047
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 3,920 sqft
  • Lot size dimensions: 40 x 102

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
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Cold Wave
Earthquake
Heat Wave
Tornado
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 $151$1,812
Home Insurance $91$1,092
Property Taxes $24$288
Electricity $175$2,103
Total$441$5,292

Income You'd Need if You Spent...

35% on housing$15,120/yr
40% on housing$13,230/yr
45% on housing$11,760/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

$38This listing

vs Other Active Listings

Avg $/sqft

ZIP 38106$39
Shelby County$117

vs Homes Sold Last Month

Median $/sqft

ZIP 38106$54
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
2026-08-11Price change$19,900
2026-08-03Listed for sale$29,900
2026-07-31Listing removed$29,900
2026-07-30Listed for sale$29,900
2026-06-12Pending sale$29,900
2026-06-06Listed for sale$29,900
1981-01-01Sold$6,483

For Sale by Agent

AgentDustin Hepburn
BrokerageRebuilt Brokerage LLC

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