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4550 Spring Glen Dr, Memphis, TN, 38128

3beds
2baths
1,103sqft
$94,900
$86price/sqft
$862/moest. monthly cost
$34,480/yrincome needed

About This Home

Fantastic investment opportunity in the Shelby area. This 3br/2 bath single-family home is in the 38128 area. Cash flowing with a monthly rental amount of $835/month. The lease ends on 02/28/2027. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

Getting Around

10
WalkingCar-Dependent
0
TransitNo Nearby Transit
17
BikeSomewhat Bikeable

Schools

4/10
4/10
Raleigh Egypt High SchoolGrades 6-121.3 mi

Construction

Condition

  • Year built: 1971

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other (See Remarks)
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

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

Features

  • Other (See Remarks),Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
  • Number of fireplaces: 1
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Other (See REMARKS)
  • Cooling features: Other (See REMARKS)

Interior Area

  • Total interior livable area: 1,103 sqft

Property

Details

  • Parcel number: 090002 00141

Features

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

Lot

  • Lot size: 7,840 sqft
  • Features: Other (See Remarks)
  • Lot size dimensions: 85 x 95

Parking

  • Total spaces: 1
  • Parking features: Other (See REMARKS)
  • Covered spaces: 1

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 $479$5,748
Home Insurance $132$1,584
Property Taxes $76$912
Electricity $175$2,103
Total$862$10,344

Income You'd Need if You Spent...

35% on housing$29,554/yr
40% on housing$25,860/yr
45% on housing$22,986/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

$86This listing

vs Other Active Listings

Avg $/sqft

ZIP 38128$76
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
2026-03-05Listed for sale$94,900
2020-02-03Listing removed$650
2020-01-31Price change$650
2020-01-16Price change$700
2019-09-25Listed for rent$715
2019-06-27Sold$38,700
2019-06-06Pending sale$44,900
2019-05-23Listed for sale$44,900
2018-03-03Listing removed$650
2017-12-18Price change$650
2017-09-12Listed for rent$700
2016-06-08Sold$18,000
2016-06-01Pending sale$21,900
2016-04-25Price change$21,900
2016-02-04Price change$24,900
2015-11-18Price change$29,900
2015-10-20Price change$15,800
2015-09-22Price change$25,800
2015-08-20Listed for sale$30,740
2015-08-20Pending sale$30,740
2015-08-20Listed for sale$30,740
2015-08-11Sold$43,000
2007-01-16Sold$47,542
2003-03-13Sold$37,170
2002-07-03Sold$55,200
1999-02-08Sold$52,000

For Sale by Agent

AgentDean Harris
BrokerageCrestCore Realty MphsBrokerage

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