




3197 Covington Pike, Memphis, TN, 38128
About This Home
No showing until after accepted offer. Tenant in place, PLEASE DO NOT DISTURB TENANTS!! Currently an investment property with tenants in place. Welcome to this well-maintained 3-bedroom, 2-bath home located in Raleigh Ridge Park. This attractive brick home features a 2-car carport, security doors, and a detached exterior storage building for additional storage space. Inside, you'll find wood laminate flooring throughout much of the home, with tile flooring in the kitchen and bathrooms for easy maintenance. The galley-style kitchen offers a pantry, breakfast area, and convenient access to the living spaces. The spacious den features a cozy fireplace, while a separate living room and formal dining room provide plenty of room for entertaining, or everyday living. With a functional floor plan and desirable features throughout, this home offers comfort, convenience, and value in a great location.
Getting Around
Schools
Construction
Condition
- Year built: 1975
Materials
- Construction materials: Brick Veneer,Wood/Composition
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Single Family Residence
Interior
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Dining Room
- Features: Separate Dining Room
Features
- All Bedrooms Down,Primary Down,Square Feet Source: Appraisal
- Door features: Storm Door(s)
- Window features: Aluminum Frames,Double Pane Windows
- Flooring: Tile,Wood Laminate Floors
- Number of fireplaces: 1
- Fireplace: Yes
Heating & Cooling
- Heating features: Common Heat System,Natural Gas
- Cooling features: Central Air,Common Cooling System
Interior Area
- Total interior livable area: 1,685 sqft
Kitchen
- Features: Eat-in Kitchen,Pantry
Living Room
- Features: Separate Den,Separate Living Room
Property
Details
- Parcel number: 087053 A00011
Features
- Stories: 1
- Pool features: None
Lot
- Lot size: 0.28 Acres
- Features: Level
- Lot size dimensions: 85 x 149
Parking
- Total spaces: 2
- Parking features: Other (See REMARKS)
- Covered spaces: 2
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
- Earthquake
- Heat Wave
- Tornado
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 | $1,010 | $12,120 |
| Home Insurance | $278 | $3,336 |
| Property Taxes | $161 | $1,932 |
| Electricity | $175 | $2,103 |
| Total | $1,624 | $19,488 |
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 |
|---|---|---|
| 2026-06-17 | Listed for sale | $199,900 |
| 2019-11-08 | Sold | $124,900 |
| 2019-11-04 | Listing removed | $1,125 |
| 2019-10-14 | Listed for rent | $1,125 |
| 2019-09-09 | Sold | $78,000 |
| 2004-11-29 | Sold | $105,000 |
