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2725 Covington Pike, Memphis, TN, 38128

3beds
3baths
2,521sqft
$299,900
$119price/sqft
$2,380/moest. monthly cost
$95,200/yrincome needed

About This Home

Welcome Home to Comfort & Charm!! This inviting 3 BR/3B home has everything your family needs & more. Secluded on 1.72 acres, enjoy cozy evenings by one of the 2 fireplaces or gather for meals in the separate dining room. The updated kitchen makes cooking a joy, while the hardwood floors add warmth and character throughout. With 2 private balconies & a finished basement, perfect for movie nights or a playroom, there's space for everyone to unwind. Recent updates include new roof & electrical panel in 2024, new walkway, new gas water heater, fireplace resealed, plus a security system with cameras for added peace of mind. Projector, washer, dryer, & frig will remain. Located 12 minutes from Navy base, 20 minutes from Memphis Botanic Gardens, & 20 minutes from the Memphis Zoo.

Getting Around

44
WalkingCar-Dependent
20
TransitMinimal Transit
31
BikeSomewhat Bikeable

Schools

6/10
Craigmont Middle SchoolGrades 6-81.4 mi
3/10
Craigmont High SchoolGrades 9-121.2 mi

Construction

Condition

  • Year built: 1944

Materials

  • Roof: Composition Shingles
  • Construction materials: Brick Veneer

Type & Style

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

Interior

Appliances

  • Laundry features: Laundry Room

Basement

  • Has basement: Yes
  • Basement: Crawl Space,Partial,Finished

Bedroom2

  • Features: Hardwood Floor,Smooth Ceiling,Walk-In Closet(s)
  • Level: First
  • Area: 260

Bedroom3

  • Features: Hardwood Floor,Shared Bath,Walk-In Closet(s)
  • Level: First
  • Area: 154

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3

Bonus Room

  • Area: 440

Den

  • Area: 220

Dining Room

  • Features: Separate Dining Room
  • Area: 121

Features

  • Full Bath Down,2 or More Baths,2nd Bedroom,3rd Bedroom,Den/Great Room,Dining Room,Living Room,Primary Bedroom,Square Feet Source: Appraisal
  • Window features: Wood Frames
  • Flooring: Part Hardwood,Tile
  • Number of fireplaces: 2
  • Fireplace features: Living Room,In Other Room,Masonry
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 2,521 sqft

Kitchen

  • Area: 180

Living Room

  • Features: Separate Den,Separate Living Room
  • Area: 480

Master Bedroom

  • Features: Hardwood Floor,Smooth Ceiling,Walk-In Closet(s)
  • Level: First
  • Area: 400

Property

Details

  • Parcel number: 088008 00093

Features

  • Stories: 1
  • Pool features: None
  • Exterior features: Balcony
  • Fencing: Chain Link,Chain Fence

Lot

  • Lot size: 1.72 Acres
  • Features: Some Trees
  • Lot size dimensions: 160 x 472

Parking

  • Total spaces: 2
  • Parking features: Driveway/Pad
  • 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 WaveVery High
  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Cold Wave
Earthquake
Heat Wave
Tornado
Inland Flooding
Lightning

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 $1,516$18,192
Home Insurance $418$5,016
Property Taxes $242$2,904
Electricity $204$2,457
Total$2,380$28,560

Income You'd Need if You Spent...

35% on housing$81,600/yr
40% on housing$71,400/yr
45% on housing$63,466/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

$119This 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
2026-05-10Price change$320,000
2026-02-09Price change$325,000
2025-12-18Price change$340,000
2025-10-29Listed for sale$350,000
2024-11-22Sold$295,000
2024-10-23Pending sale$305,000
2024-08-06Listed for sale$305,000
2021-03-24Listing removed--
2020-06-10Sold$205,000
2020-04-29Pending sale$210,000
2020-03-30Listed for sale$210,000
1997-06-02Sold$100,000

For Sale by Agent

AgentStephanie L Arender
BrokerageCrye-Leike, Inc., REALTORS

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