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313 Fernway Cv, Memphis, TN, 38117

3beds
2baths
1,299sqft
$300,000
$231price/sqft
$2,187/moest. monthly cost
$87,480/yrincome needed

About This Home

Located in one of East Memphis’ most sought-after neighborhoods, this 3-bedroom, 2-bath home offers privacy, convenience, and thoughtful updates—all on a single level. Tucked in a quiet cove and surrounded by 8’ privacy fencing, the property provides a rare sense of seclusion while remaining minutes from everything East Memphis has to offer. Inside, the updated kitchen features marble countertops and opens to the main living spaces, ideal for everyday living and entertaining. The primary suite includes a renovated bath with marble tile finishes. Enjoy the large screened porch with stained and stamped concrete floors—perfect for year-round use. A spacious storage room offers potential for future finished space. Major updates include Kitchen in 2018, new HVAC and ductwork (2020), primary bath in 2019, screened porch in 2021. Convenient to White Station Elementary, Richland Elementary, and Avon Park.

Getting Around

18
WalkingCar-Dependent
14
TransitMinimal Transit
29
BikeSomewhat Bikeable

Schools

9/10
7/10
8/10
White Station High SchoolGrades 9-121.6 mi

Construction

Condition

  • Year built: 1954

Materials

  • Roof: Composition Shingles
  • Construction materials: Brick Veneer,Wood/Composition

Type & Style

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

Interior

Appliances

  • Appliances included: Range/Oven,Dishwasher,Microwave

Basement

  • Basement: Crawl Space

Bedroom2

  • Features: Shared Bath,Smooth Ceiling,Hardwood Floor
  • Level: First
  • Area: 132

Bedroom3

  • Features: Shared Bath,Smooth Ceiling,Hardwood Floor
  • Level: First
  • Area: 120

Bedrooms & Bathrooms

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

Dining Room

  • Area: 88

Features

  • All Bedrooms Down,Primary Down,Renovated Bathroom,Smooth Ceiling,Living Room,Dining Room,Kitchen,Primary Bedroom,2nd Bedroom,3rd Bedroom,2 or More Baths,Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
  • Door features: Storm Door(s)
  • Window features: Wood Frames,Window Treatments
  • Flooring: Part Hardwood,Tile
  • Number of fireplaces: 1
  • Fireplace features: Masonry,Living Room
  • Fireplace: Yes
  • Attic: Pull Down Stairs

Heating & Cooling

  • Heating features: Central,Natural Gas
  • Cooling features: Ceiling Fan(s),Central Air

Interior Area

  • Total interior livable area: 1,299 sqft

Kitchen

  • Features: Updated/Renovated Kitchen,W/D Connection in Kitchen

Living Room

  • Features: Separate Living Room,LR/DR Combination
  • Area: 192

Master Bathroom

  • Features: Smooth Ceiling,Tile Floor,Full Bath

Master Bedroom

  • Features: Smooth Ceiling,Hardwood Floor
  • Level: First
  • Area: 169

Property

Details

  • Parcel number: 064011 00013

Features

  • Stories: 1
  • Pool features: None
  • Patio & porch: Porch,Screen Porch
  • Exterior features: Sidewalks
  • Fencing: Wood,Wood Fence
  • Waterfront features: Cove

Lot

  • Lot size: 0.32 Acres
  • Features: Some Trees,Landscaped,Well Landscaped Grounds
  • Lot size dimensions: 36 x 157

Parking

  • Total spaces: 1
  • Parking features: Driveway/Pad,Storage
  • 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
    Cold WaveRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Earthquake
    EarthquakeModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Earthquake
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 $1,516$18,192
Home Insurance $254$3,048
Property Taxes $242$2,904
Electricity $175$2,103
Total$2,187$26,244

Income You'd Need if You Spent...

35% on housing$74,982/yr
40% on housing$65,610/yr
45% on housing$58,320/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

$231This listing

vs Other Active Listings

Avg $/sqft

ZIP 38117$154
Shelby County$117

vs Homes Sold Last Month

Median $/sqft

ZIP 38117$173
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
2026-05-01Listed for sale$325,000
2024-05-23Listing removed--
2024-05-16Price change$340,000
2024-04-26Listed for sale$350,000
2019-02-26Sold$230,000
2019-01-31Listed for sale$220,000
2015-05-12Sold$175,000
2006-12-12Sold$160,000

For Sale by Agent

AgentMax Rubenstein
BrokerageMarx-Bensdorf, REALTORS

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