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2003 Burnham Ave, Memphis, TN, 38127

3beds
1baths
1,246sqft
$84,900
$68price/sqft
$850/moest. monthly cost
$34,000/yrincome needed

About This Home

This charming 3-bedroom, 1-bathroom home offers approximately 1,200 square feet of comfortable living space in an established Memphis neighborhood. Featuring spacious living and dining areas, hardwood-style flooring, a functional kitchen with appliances, and washer/dryer connections, the home is designed for everyday convenience. Outdoor amenities include a covered carport, a covered patio ideal for relaxing or entertaining, and a large backyard with plenty of room for recreation. Conveniently located near schools, shopping, parks, and major roadways, this property provides an excellent combination of comfort, practicality, and value.

Getting Around

45
WalkingCar-Dependent
28
TransitSome Transit
36
BikeSomewhat Bikeable

Schools

5/10
Georgian Hills ElementaryGrades PK-50.5 mi
3/10
Trezevant High SchoolGrades 9-121.2 mi

Construction

Condition

  • Year built: 1962

Materials

  • Foundation: Slab
  • 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

Bedrooms & Bathrooms

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

Features

  • All Bedrooms Down,Full Bath Down,Other (See Remarks),Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
  • Flooring: Part Hardwood,Vinyl

Heating & Cooling

  • Heating features: Central,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 1,246 sqft

Property

Details

  • Parcel number: 072003 00008

Features

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

Lot

  • Lot size: 8,276 sqft
  • Features: Level
  • Lot size dimensions: 67 x 130

Parking

  • Total spaces: 1
  • Parking features: Driveway/Pad,On Street
  • 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 $429$5,148
Home Insurance $178$2,136
Property Taxes $68$816
Electricity $175$2,103
Total$850$10,200

Income You'd Need if You Spent...

35% on housing$29,142/yr
40% on housing$25,500/yr
45% on housing$22,666/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

$68This 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)

Price History

DateEventPrice
2026-07-31Price change$84,900
2026-06-25Listed for sale$94,900
2025-05-29Listing removed$895
2025-05-23Price change$895
2025-05-19Listed for rent$925
2025-05-10Listing removed$925
2025-04-24Price change$925
2025-04-22Listed for rent$985
2025-04-06Listing removed$985
2025-04-03Price change$985
2025-03-11Listed for rent$1,015
2020-02-14Sold$25,000

For Sale by Agent

AgentThee Gaines
BrokerageTrelora Realty

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