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409 Stoneham Rd, Memphis, TN, 38109

3beds
2baths
1,128sqft
$129,999
$115price/sqft
$1,193/moest. monthly cost
$47,720/yrincome needed

About This Home

Don't miss this 3-bedroom, 1.5-bath home offering a functional layout and plenty of potential for the right buyer. The home features comfortable living spaces with opportunities to update and customize to your personal style. A detached garage is located on the property. Property is being sold as-is and presents a great opportunity for investors or buyers looking to add value and make it their own.

Getting Around

32
WalkingCar-Dependent
19
TransitMinimal Transit
37
BikeSomewhat Bikeable

Schools

6/10
5/10
Fairley High SchoolGrades 9-120.9 mi

Construction

Condition

  • Year built: 1960

Type & Style

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

Interior

Bedrooms & Bathrooms

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

Features

  • Other (See Remarks),Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 1,128 sqft

Property

Details

  • Parcel number: 076075 00006

Features

  • Stories: 1
  • Pool features: None
  • Exterior features: Other (See REMARKS)

Lot

  • Lot size: 0.26 Acres
  • Features: Level
  • Lot size dimensions: 108 x 140

Parking

  • Total spaces: 2
  • Parking features: Driveway/Pad,Other (See REMARKS)
  • Covered spaces: 2
  • 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 $657$7,884
Home Insurance $256$3,072
Property Taxes $105$1,260
Electricity $175$2,103
Total$1,193$14,316

Income You'd Need if You Spent...

35% on housing$40,902/yr
40% on housing$35,790/yr
45% on housing$31,813/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

$115This 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)

Price History

DateEventPrice
2026-08-07Price change$115,000
2026-07-15Listed for sale$129,999
2024-06-01Listing removed--
2024-05-29Price change$1,195
2024-05-16Listed for rent$1,200
2022-10-27Sold$89,500
2022-04-06Sold$85,000
2009-01-08Sold$16,000
2008-10-16Sold$22,791
1994-11-30Sold$47,000

For Sale by Agent

AgentVicki Testerman
BrokerageMainstay Brokerage, LLC

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