2971 Dearing Rd, Memphis, TN, 38118
About This Home
Don’t miss this inviting 1-story home featuring 3 bedrooms and 1 bathroom with a comfortable layout designed for everyday living. The main living area offers a welcoming space for relaxing or entertaining, while the kitchen provides everyday functionality with easy flow to the dining area. The bedrooms offer flexible space for guests, a home office, or hobbies. One or more photo(s) was virtually staged.
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1960
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Single Family Residence
Interior
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Features
- Other (See Remarks),Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
- Flooring: Vinyl
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total interior livable area: 1,095 sqft
Property
Details
- Parcel number: 073059 00006
Features
- Stories: 1
- Pool features: None
- Exterior features: Sidewalks
Lot
- Lot size: 7,840 sqft
- Features: Other (See Remarks)
- Lot size dimensions: 60 x 136
Parking
- Parking features: Driveway/Pad
- 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
- Heat Wave
- Tornado
- Earthquake
- Inland Flooding
- Lightning
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Tennessee Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $753 | $9,036 |
| Home Insurance | $223 | $2,676 |
| Property Taxes | $120 | $1,440 |
| Electricity | $175 | $2,103 |
| Total | $1,271 | $15,252 |
Income You'd Need if You Spent...
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-31 | Price change | $148,959 |
| 2026-07-16 | Price change | $151,999 |
| 2026-07-01 | Price change | $159,999 |
| 2026-06-17 | Price change | $171,999 |
| 2026-05-27 | Listed for sale | $180,999 |
| 2024-02-07 | Listing removed | -- |
| 2024-02-04 | Price change | $795 |
| 2024-01-26 | Price change | $895 |
| 2024-01-08 | Price change | $995 |
| 2023-12-19 | Price change | $1,045 |
| 2023-12-02 | Price change | $1,090 |
| 2023-11-09 | Price change | $1,120 |
| 2023-10-27 | Price change | $1,145 |
| 2023-10-06 | Price change | $1,190 |
| 2023-08-12 | Price change | $1,220 |
| 2023-07-26 | Price change | $1,245 |
| 2023-07-04 | Price change | $1,230 |
| 2023-07-01 | Price change | $1,245 |
| 2023-06-01 | Listed for rent | $1,295 |
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