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383 Shofner Ave, Memphis, TN, 38109

5beds
5baths
3,000sqft
$305,000
$102price/sqft
$2,632/moest. monthly cost
$105,280/yrincome needed

About This Home

A must see beautiful custom renovated 2 story hm. Open concept, Natural lighting LR,DR,DEN great for entertaining. Stunning modern eat in kitchen. BN Rm/office. All Appliances stay. LG gate backyard with Deck/Patio. Appt Broker Bay Owner occupied (1hr notice when book) NO SHOES WHEN SHOWING Shoe covers are provided by sales. HOME SOLD AS IS! OPEN HOUSE JUNE 14TH from 2 to 4pm

Getting Around

20
WalkingCar-Dependent
19
TransitMinimal Transit
34
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 1962

Materials

  • Construction materials: Brick Veneer,Vinyl Siding

Type & Style

  • Home type: Apartment
  • Architectural style: Traditional
  • Property subType: Apartment

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Double Oven,Dryer,Gas Cooktop,Range/Oven,Refrigerator,Self Cleaning Oven,Washer

Bedroom2

  • Features: Walk-In Closet(s)
  • Area: 100

Bedroom3

  • Features: Hardwood Floor
  • Level: First
  • Area: 100

Bedroom4

  • Level: Second
  • Area: 100

Bedroom5

  • Features: Walk-In Closet(s)
  • Level: Second
  • Area: 100

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 3
  • 1/2 bathrooms: 2

Bonus Room

  • Area: 216

Den

  • Area: 216

Dining Room

  • Features: Separate Dining Room
  • Area: 216

Features

  • Double Vanity Bath,Full Bath Down,Half Bath Down,Primary Down,Renovated Bathroom,Separate Tub & Shower,Smooth Ceiling,Square Feet Source: Floor Plans (Builder/Architecture)
  • Flooring: Hardwood,Marble/Terrazzo,Slate

Heating & Cooling

  • Heating features: Central
  • Cooling features: Ceiling Fan(s),Central Air

Interior Area

  • Total interior livable area: 3,000 sqft

Kitchen

  • Features: Breakfast Bar,Eat-in Kitchen,Updated/Renovated Kitchen,Washer/Dryer Connections
  • Area: 110

Living Room

  • Features: LR/DR Combination,Separate Den,Separate Living Room
  • Area: 216

Master Bathroom

  • Features: Separate Shower,Tile Floor,Full Bath

Master Bedroom

  • Features: Walk-In Closet(s)
  • Area: 110

Office

  • Area: 216

Property

Details

  • Parcel number: 076045 00002
  • Attached to another structure: Yes

Features

  • Stories: 2
  • Pool features: None
  • Patio & porch: Porch,Patio,Deck
  • Fencing: Brick/Stone Fenced

Lot

  • Lot size: 0.27 Acres
  • Features: Landscaped,Professionally Landscaped
  • Lot size dimensions: 80 x 152

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
  • 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 $1,542$18,504
Home Insurance $601$7,212
Property Taxes $246$2,952
Electricity $243$2,925
Total$2,632$31,584

Income You'd Need if You Spent...

35% on housing$90,240/yr
40% on housing$78,960/yr
45% on housing$70,186/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

$102This listing

vs Other Active Listings

Avg $/sqft

ZIP 38109$44
Shelby County$117

vs Homes Sold Last Month

Median $/sqft

ZIP 38109$80
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
2026-06-05Listed for sale$305,000

For Sale by Agent

AgentDinah R Slaughter
BrokerageHarris Realty Services

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