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3524 James Rd, Memphis, TN, 38128

2beds
1baths
1,367sqft
$170,000
$124price/sqft
$1,408/moest. monthly cost
$56,320/yrincome needed

About This Home

Rare opportunity to own 5 acres in Memphis! This charming 2-bedroom, 1-bath home offers endless possibilities for those seeking privacy, room to expand, or the opportunity to build a custom dream home (subject to applicable approvals). Whether you're dreaming of creating your own private estate, enjoying room to garden and entertain, or simply embracing the peace and serenity of country-style living within the city, this property provides all of this and more. Enjoy the peaceful setting while remaining conveniently located near shopping, dining, schools, and major highways. Perhaps you're seeking a private homestead, future homesite, or land investment. This unique property offers space, flexibility, and tremendous potential. Don't miss out! Schedule your tour today! The home and land are being sold as-is. This property is not for rent.

Getting Around

16
WalkingCar-Dependent
18
TransitMinimal Transit
33
BikeSomewhat Bikeable

Schools

3/10
4/10
Raleigh Egypt High SchoolGrades 6-122.9 mi

Construction

Condition

  • Year built: 1932

Materials

  • Foundation: Slab
  • Construction materials: Brick Veneer,Wood/Composition

Type & Style

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

Interior

Bedroom2

  • Level: First
  • Area: 144

Bedrooms & Bathrooms

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

Dining Room

  • Features: Separate Dining Room
  • Area: 195

Features

  • All Bedrooms Down,Sprayed Ceiling,Living Room,Dining Room,Kitchen,Primary Bedroom,2nd Bedroom,1 Bath,Sun Room,Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
  • Flooring: Hardwood
  • Number of fireplaces: 1
  • Fireplace features: Living Room
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 1,367 sqft

Kitchen

  • Area: 240

Living Room

  • Features: Separate Living Room
  • Area: 285

Master Bedroom

  • Features: Hardwood Floor
  • Level: First
  • Area: 28

Property

Details

  • Parcel number: 083020 00023

Features

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

Lot

  • Lot size: 5.20 Acres
  • Features: Wooded
  • Lot size dimensions: 331 x 633

Parking

  • Parking features: Circular Driveway
  • 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

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tornado
Earthquake

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 $859$10,308
Home Insurance $237$2,844
Property Taxes $137$1,644
Electricity $175$2,103
Total$1,408$16,896

Income You'd Need if You Spent...

35% on housing$48,274/yr
40% on housing$42,240/yr
45% on housing$37,546/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

$124This listing

vs Other Active Listings

Avg $/sqft

ZIP 38128$75
Shelby County$117

vs Homes Sold Last Month

Median $/sqft

ZIP 38128$104
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
2026-07-21Listed for sale$170,000
2026-07-18Pending sale$170,000
2026-07-16Listed for sale$170,000
2026-03-20Listing removed$185,000
2026-02-24Listed for sale$185,000
2026-01-08Listing removed$185,000
2025-07-22Listed for sale$185,000
2025-06-20Pending sale$185,000
2025-06-06Price change$185,000
2025-03-25Listed for sale$225,000
2024-07-17Listing removed$200,000
2024-07-09Listed for sale$200,000
2024-07-09Listing removed--
2024-04-04Listing removed$200,000
2023-06-01Pending sale$200,000
2023-03-21Price change$200,000
2022-09-26Listed for sale$250,000
2022-08-10Contingent$250,000
2022-03-10Listed for sale$250,000
2009-11-19Listing removed$109,000
2009-04-10Price change$109,000
2008-05-25Price change$111,000
2008-03-06Listed for sale$110,000

For Sale by Agent

AgentJason Wallace
BrokerageKeller Williams Realty

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