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4725 Lofts Rd, Memphis, TN, 38118

3beds
2baths
935sqft
$79,900
$85price/sqft
$762/moest. monthly cost
$30,480/yrincome needed

About This Home

Cozy 3-bed, 1.5-bath Memphis home in Parkway Village-Oakhaven! 935 sq ft of comfortable living on a 6,969?sq?ft lot. Bright living space, functional kitchen, and flexible dining area. Driveway parking, great location near schools, shopping, and highways. Perfect for first-time buyers or investors—move in or rent out with ease!

Getting Around

34
WalkingCar-Dependent
24
TransitMinimal Transit
32
BikeSomewhat Bikeable

Schools

6/10
4/10
Oakhaven Middle SchoolGrades 6-81.9 mi
5/10
Oakhaven High SchoolGrades 9-121.9 mi

Construction

Condition

  • Year built: 1987

Materials

  • Roof: Composition Shingles
  • Construction materials: Wood/Composition

Type & Style

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

Interior

Bedroom2

  • Features: Shared Bath,Carpet
  • Level: First

Bedroom3

  • Features: Shared Bath,Carpet
  • Level: First

Bedrooms & Bathrooms

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

Den

  • Area: 156

Dining Room

  • Area: 35

Features

  • All Bedrooms Down,1 or More BR Down,Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
  • Flooring: Carpet

Heating & Cooling

  • Heating features: Central,Other (See REMARKS)
  • Cooling features: Ceiling Fan(s),Other (See REMARKS)

Interior Area

  • Total interior livable area: 935 sqft

Living Room

  • Features: Separate Living Room
  • Area: 168

Master Bathroom

  • Features: Full Bath

Master Bedroom

  • Features: Carpet
  • Level: First
  • Area: 135

Property

Details

  • Parcel number: 073111 B00003

Features

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

Lot

  • Lot size: 6,969 sqft
  • Features: Level
  • Lot size dimensions: 6,969?sq?ft.

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
    Cold WaveRelatively High
  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Tornado
    TornadoRelatively High

How This Home’s Risks Compare

Cold Wave
Earthquake
Heat Wave
Tornado

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 $404$4,848
Home Insurance $119$1,428
Property Taxes $64$768
Electricity $175$2,103
Total$762$9,144

Income You'd Need if You Spent...

35% on housing$26,125/yr
40% on housing$22,860/yr
45% on housing$20,320/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

$85This 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)

No zestimate history available

Price History

DateEventPrice
2026-05-02Price change$109,900
2026-04-09Listed for sale$114,900
2025-04-01Listing removed$1,045
2025-03-06Listed for rent$1,045
2023-10-09Listing removed--
2023-09-07Listed for rent$945
2020-05-23Listing removed$750
2020-05-21Listed for rent$750
2018-03-06Listing removed$750
2018-01-04Listed for rent$750
2017-04-10Listing removed$750
2017-02-04Listed for rent$750
2016-01-05Listing removed$750
2015-09-11Listed for rent$750
2014-07-26Listing removed$750
2014-07-09Listed for rent$750
2013-01-17Sold$17,000
2012-12-21Listed for sale$17,000
2003-05-28Sold$56,500
2002-10-17Sold$30,000
2002-07-05Sold$28,000
1995-05-13Sold$46,000

For Sale by Agent

AgentAlexis Martz
BrokerageTrelora Realty

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