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2747 Merle St, Memphis, TN, 38118

3beds
2baths
1,324sqft
$105,000
$79price/sqft
$946/moest. monthly cost
$37,840/yrincome needed

About This Home

New roof, HVAC, Kitchen, Windows, Bath fixtures and more. This property's rent is estimated at $1265. EMD is $2500 due 2 days after contract is bound, to be held by Saddle Creek Title in Memphis, max of 7 days inspection. Owner/Agent

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: 1956

Materials

  • Construction materials: Brick Veneer,Wood/Composition

Type & Style

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

Interior

Bedrooms & Bathrooms

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

Features

  • All Bedrooms Down,Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
  • Window features: Double Pane Windows
  • Flooring: Part Carpet,Part Hardwood,Tile,Vinyl

Heating & Cooling

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

Interior Area

  • Total interior livable area: 1,324 sqft

Kitchen

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

Property

Details

  • Parcel number: 073019 00016

Features

  • Stories: 1
  • Pool features: None

Lot

  • Lot size: 6,534 sqft
  • Features: Some Trees
  • Lot size dimensions: 60 x 95

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 $530$6,360
Home Insurance $157$1,884
Property Taxes $84$1,008
Electricity $175$2,103
Total$946$11,352

Income You'd Need if You Spent...

35% on housing$32,434/yr
40% on housing$28,380/yr
45% on housing$25,226/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

$79This 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
2026-06-01Listed for sale$105,000
2026-04-23Listing removed$125,000
2026-02-26Price change$125,000
2025-10-22Listed for sale$139,500
2025-05-23Listing removed$1,175
2025-02-22Price change$1,175
2025-01-30Listed for rent$1,265
2023-03-23Sold$35,000
2022-12-05Listed for sale$59,500
2022-11-28Pending sale$59,500
2022-11-17Listed for sale$59,500
2013-05-17Listing removed$695
2013-03-01Listed for rent$695
2012-12-07Sold$24,000
2012-08-17Price change$29,500
2012-08-10Price change$29,000
2012-06-05Listed for sale$37,000
1997-04-07Sold$48,000

For Sale by Agent

AgentDaniel S Sturdivant
BrokerageBluff City Management, LLC

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