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2717 Merle St, Memphis, TN, 38118

2beds
1baths
864sqft
$120,000
$139price/sqft
$1,058/moest. monthly cost
$42,320/yrincome needed

About This Home

Move-in ready 2 bedroom, 1 bath brick home featurings numerous recent updates throughout. Improvements include new central heating and air, updated electrical and plumbing, new flooring, fresh interior and exterior paint, renovated bathroom, new kitchen cabinets, and washer and dryer connections. The roof has been professionally cleaned and the spacious yard offers plenty of room for outdoor enjoyment. A great opportunity to own an updated home ready for its next owner.

Getting Around

23
WalkingCar-Dependent
32
TransitSome Transit
34
BikeSomewhat Bikeable

Schools

4/10
Getwell Elementary SchoolGrades PK-50.7 mi
6/10
4/10
Sheffield High SchoolGrades 9-121.7 mi

Construction

Condition

  • Year built: 1955

Materials

  • Construction materials: Vinyl Siding

Type & Style

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

Interior

Bedrooms & Bathrooms

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

Features

  • All Bedrooms Down,Renovated Bathroom,Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
  • Flooring: Wood Laminate Floors

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 864 sqft

Kitchen

  • Features: Updated/Renovated Kitchen,Washer/Dryer Connections

Living Room

  • Features: Separate Living Room

Property

Details

  • Parcel number: 073019 00011

Features

  • Stories: 1
  • Pool features: None
  • Fencing: Chain Fence

Lot

  • Lot size: 7,405 sqft
  • Features: Level
  • Lot size dimensions: 60 x 125

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

  • Earthquake
    EarthquakeVery High
  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High

How This Home’s Risks Compare

Earthquake
Tornado
Cold Wave
Heat Wave
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 $606$7,272
Home Insurance $180$2,160
Property Taxes $97$1,164
Electricity $175$2,103
Total$1,058$12,696

Income You'd Need if You Spent...

35% on housing$36,274/yr
40% on housing$31,740/yr
45% on housing$28,213/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

$139This listing

vs Other Active Listings

Avg $/sqft

ZIP 38118$70
Shelby County$117

vs Homes Sold Last Month

Median $/sqft

ZIP 38118$96
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
2026-06-26Listed for sale$120,000
2026-04-15Sold$65,000
2026-04-03Pending sale$65,000
2026-03-23Listed for sale$65,000
2011-12-01Listing removed$22,000
2011-07-07Listed for sale$22,000
2011-06-03Listing removed$22,000
2010-11-12Listed for sale$22,000
2010-10-02Listing removed$24,500
2010-08-30Listed for sale$24,500
2010-07-03Listing removed$24,500
2010-04-30Price change$24,500
2010-02-20Listed for sale$29,500
2009-12-05Listing removed$29,500
2009-05-31Price change$29,500
2008-11-28Price change$29,900
2008-09-28Listed for sale$36,500

For Sale by Agent

AgentFlor D Bernal
BrokerageCrye-Leike, Inc., REALTORS

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