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4490 Garnett Rd, Memphis, TN, 38117

2beds
1baths
975sqft
$156,000
$160price/sqft
$1,221/moest. monthly cost
$48,840/yrincome needed

About This Home

Charming 2-bedroom, 1-bath cottage-style home located in the highly desirable Colonial Acres neighborhood of East Memphis. Fresh interior and exterior paint and new carpeting make this home move-in ready. The seller has completed several updates in recent years, including single-pane windows and updated kitchen countertops. The spacious front living room features large picture windows that fill the home with natural light. Enjoy the generously sized front porch—perfect for relaxing and reminiscent of the classic character from the era in which the neighborhood was established. A separate laundry room adds convenience and functionality.

Getting Around

52
WalkingSomewhat Walkable
24
TransitMinimal Transit
45
BikeSomewhat Bikeable

Schools

6/10
6/10
Colonial Middle SchoolGrades 6-80.7 mi
3/10
Overton High SchoolGrades 9-120.8 mi

Construction

Condition

  • Year built: 1952

Materials

  • Roof: Composition Shingles
  • Construction materials: Brick Veneer

Type & Style

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

Interior

Appliances

  • Appliances included: Range/Oven,Dishwasher,Refrigerator
  • Laundry features: Laundry Room

Basement

  • Basement: Crawl Space

Bedroom2

  • Features: Carpet
  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Features: Separate Dining Room

Features

  • All Bedrooms Down,1 or More BR Down,Primary Down,Full Bath Down,Textured Ceiling,1 Bath,2nd Bedroom,Dining Room,Kitchen,Laundry Room,Living Room,Primary Bedroom,Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
  • Flooring: Tile,Carpet

Heating & Cooling

  • Heating features: Central
  • Cooling features: 220 Wiring,Ceiling Fan(s),Central Air

Interior Area

  • Total interior livable area: 975 sqft

Kitchen

  • Features: Eat-in Kitchen,Updated/Renovated Kitchen,Washer/Dryer Connections

Living Room

  • Features: Separate Living Room

Master Bathroom

  • Features: Tile Floor

Master Bedroom

  • Features: Carpet
  • Level: First

Property

Details

  • Parcel number: 066027 00030

Features

  • Stories: 1
  • Pool features: None
  • Patio & porch: Patio
  • Fencing: Wood,Wood Fence

Lot

  • Lot size: 8,276 sqft
  • Features: Some Trees
  • Lot size dimensions: 60 x 140

Parking

  • Total spaces: 1
  • Parking features: Driveway/Pad
  • 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
  • Tornado
    TornadoRelatively High
  • Earthquake
    EarthquakeModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tornado
Earthquake
Inland Flooding

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 $788$9,456
Home Insurance $132$1,584
Property Taxes $126$1,512
Electricity $175$2,103
Total$1,221$14,652

Income You'd Need if You Spent...

35% on housing$41,862/yr
40% on housing$36,630/yr
45% on housing$32,560/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

$160This listing

vs Other Active Listings

Avg $/sqft

ZIP 38117$155
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)

No zestimate history available

Price History

DateEventPrice
2026-05-11Price change$157,000
2026-05-05Price change$158,000
2026-04-27Price change$159,000
2026-04-11Listed for sale$160,000
2026-04-01Pending sale$160,000
2026-03-23Listed for sale$160,000
2026-03-17Pending sale$160,000
2026-01-24Listed for sale$160,000
2025-10-22Listing removed--
2025-07-24Listed for sale$160,000
2015-01-15Sold$50,650
1995-01-11Sold$38,500

For Sale by Agent

AgentJames M Harvey
BrokerageKeller Williams

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