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2863 Laredo St, Memphis, TN, 38127

3beds
2baths
1,526sqft
$104,900
$69price/sqft
$1,010/moest. monthly cost
$40,400/yrincome needed

About This Home

Traditional-style, single-story brick home located in the Frayser community of Memphis. This 1,526 sq. ft. property features 3 bedrooms and 1.5 bathrooms, with all bedrooms situated on the main level. The layout includes a separate living room, a separate formal dining room, and an updated kitchen. Additionally, the home offers a spacious 24x16 den complete with a masonry fireplace. Positioned on a 9,147 sq. ft. lot, the exterior includes an attached 1-car carport, a paved driveway, and an expansive backyard that features an inground pool. Central heating and air conditioning are installed. Conveniently located within 0.3 miles of Whitney Elementary School with easy access to major thoroughfares like Highway 51/Thomas Street.

Getting Around

12
WalkingCar-Dependent
24
TransitMinimal Transit
19
BikeSomewhat Bikeable

Schools

--
Whitney Elementary SchoolGrades PK-50.3 mi
4/10
Grandview Heights MiddleGrades 6-82.2 mi
3/10
Trezevant High SchoolGrades 9-122.9 mi

Construction

Condition

  • Year built: 1964

Materials

  • Foundation: Slab
  • Roof: Composition Shingles
  • Construction materials: Brick Veneer

Type & Style

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

Interior

Bedroom2

  • Level: First

Bedroom3

  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Den

  • Area: 384

Dining Room

  • Features: Separate Dining Room
  • Area: 221

Features

  • All Bedrooms Down,1 Bath,1/2 Bath,2nd Bedroom,3rd Bedroom,Dining Room,Kitchen,Living Room,Primary Bedroom,Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
  • Flooring: Part Carpet
  • Number of fireplaces: 1
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 1,526 sqft

Living Room

  • Area: 169

Master Bedroom

  • Level: First
  • Area: 132

Property

Details

  • Parcel number: 070024 00158

Features

  • Stories: 1
  • Pool features: None
  • Patio & porch: Porch

Lot

  • Lot size: 9,147 sqft
  • Features: Some Trees
  • Lot size dimensions: 70 x 135

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 WaveVery 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 $530$6,360
Home Insurance $221$2,652
Property Taxes $84$1,008
Electricity $175$2,103
Total$1,010$12,120

Income You'd Need if You Spent...

35% on housing$34,628/yr
40% on housing$30,300/yr
45% on housing$26,933/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

$69This listing

vs Other Active Listings

Avg $/sqft

ZIP 38127$49
Shelby County$117

vs Homes Sold Last Month

Median $/sqft

ZIP 38127$71
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
2026-07-02Listed for sale$104,900
2024-02-06Listing removed--
2024-02-03Price change$1,035
2024-01-24Listed for rent$1,150
2024-01-24Listing removed--
2024-01-12Listed for rent$1,150
2024-01-01Listing removed--
2023-12-06Price change$1,150
2023-11-09Listed for rent$1,225
2021-03-24Listing removed--
2019-11-09Listing removed$825
2019-11-03Listed for rent$825
2019-04-02Listing removed$55,000
2018-12-15Listed for sale$55,000
2018-03-07Listing removed$650
2018-03-05Listed for rent$650
2017-11-06Listing removed$680
2017-10-30Price change$680
2017-09-20Listed for rent$725
2009-12-14Sold$10,000
2007-07-17Sold$42,900
2007-01-29Sold$60,000
1998-06-17Sold$71,000

For Sale by Agent

AgentCarl E Purifoy
BrokerageTrelora Realty

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