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853 Hanley St, Memphis, TN, 38114

4beds
2baths
1,390sqft
$185,000
$133price/sqft
$1,594/moest. monthly cost
$63,760/yrincome needed

About This Home

Beautiful property in a great location! RENTED MHA $1849.00 per month- New home built in 2024 in growing market near university of Memphis- 4 Bed, 2 Bath home features polished concrete floors- 5 panel doors- modern lighting, bath rooms and interior finishes. DO NOT DISTURB TENANT

Getting Around

66
WalkingSomewhat Walkable
34
TransitSome Transit
60
BikeBikeable

Schools

--
Hanley Elementary SchoolGrades PK-50.3 mi
5/10
Sherwood Middle SchoolGrades 6-81.9 mi
3/10
Melrose High SchoolGrades 9-120.6 mi

Construction

Condition

  • Year built: 2023

Type & Style

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

Interior

Bedroom2

  • Level: First

Bedroom3

  • Level: First

Bedroom4

  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • 2 Full Primary Baths,All Bedrooms Down,Square Feet Source: Builder
  • Flooring: Concrete,Tile

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 1,390 sqft

Kitchen

  • Features: Updated/Renovated Kitchen

Living Room

  • Features: Separate Living Room

Master Bedroom

  • Level: First

Property

Details

  • Parcel number: 061023 00013

Features

  • Stories: 1
  • Pool features: None
  • Exterior features: Other (See REMARKS)
  • Living area range: 1200-1399

Lot

  • Lot size: 4,791 sqft
  • Features: Some Trees
  • Lot size dimensions: 50 x 100

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

How This Home’s Risks Compare

Cold Wave
Earthquake
Heat Wave
Tornado

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 $935$11,220
Home Insurance $335$4,020
Property Taxes $149$1,788
Electricity $175$2,103
Total$1,594$19,128

Income You'd Need if You Spent...

35% on housing$54,651/yr
40% on housing$47,820/yr
45% on housing$42,506/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

$133This 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)

Price History

DateEventPrice
2025-12-08Price change$185,000
2025-10-20Pending sale$255,000
2025-10-13Price change$255,000
2025-09-23Listed for sale$185,000
2024-02-09Sold$180,000
2024-02-09Pending sale$179,900
2023-12-27Contingent$179,900
2023-12-26Listed for sale$179,900
2023-10-05Contingent$179,900
2023-08-24Listed for sale$179,900
2023-07-27Sold$7,000
1999-11-15Sold$23,500
1999-09-14Sold$7,000
1997-12-02Sold$4,000

For Sale by Agent

AgentBrett A Bernard
BrokerageThe Stamps Real Estate Company

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