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8040-45 State Hwy S, Ramer, TN, 38367

2beds
1baths
900sqft
$159,000
$177price/sqft
$1,214/moest. monthly cost
$48,560/yrincome needed

About This Home

This 2 bedroom, 1 bathroom home has been completely renovated with not a single item untouched, boasting with character. Located on Highway 45 on 0.72 acres, it offers a central location between Selmer, TN, and Corinth, MS. This property is ideal for first-time homebuyers or those seeking to downsize. Recent upgrades include vinyl plank flooring, beautiful tile, new roof, HVAC system, wrap-around porch, gutters, and plastic lining in the crawlspace. The home also includes kitchen appliances and offers Spectrum Internet, making it ready for immediate move-in.

Getting Around

3
WalkingCar-Dependent
0
TransitVery Limited Transit
33
BikeSomewhat Bikeable

Schools

6/10
Michie Elementary SchoolGrades PK-85.9 mi

Construction

Condition

  • Year built: 1995

Materials

  • Roof: Composition Shingles
  • Construction materials: Vinyl Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Range/Oven,Refrigerator

Basement

  • Basement: Crawl Space

Bedroom2

  • Features: Hardwood Floor
  • Level: First
  • Area: 165

Bedrooms & Bathrooms

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

Features

  • All Bedrooms Down,Renovated Bathroom,Square Feet Source: Agent
  • Flooring: Tile,Wood Laminate Floors

Heating & Cooling

  • Heating features: Electric Heat Pump
  • Cooling features: Other (See REMARKS)

Interior Area

  • Total interior livable area: 900 sqft

Kitchen

  • Features: Eat-in Kitchen
  • Area: 168

Living Room

  • Features: Separate Living Room
  • Area: 180

Master Bathroom

  • Features: Double Vanity,Tile Floor

Master Bedroom

  • Features: Hardwood Floor
  • Level: First
  • Area: 165

Property

Details

  • Parcel number: 139 038.09

Features

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

Lot

  • Lot size: 0.72 Acres
  • Features: Level
  • Lot size dimensions: .72 ACRES

Parking

  • Parking features: Driveway/Pad
  • 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
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Cold Wave
Lightning
Strong Wind
Tornado
Earthquake
Heat Wave

FEMA Declared Disasters Across Tennessee Counties

Flood
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 $803$9,636
Home Insurance $186$2,232
Property Taxes $50$600
Electricity $175$2,103
Total$1,214$14,568

Income You'd Need if You Spent...

35% on housing$41,622/yr
40% on housing$36,420/yr
45% on housing$32,373/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: 9.3%
9.3%
0%30.0%
Electricity Growth Rate10-year average: 4.5%
4.5%
0%15.0%
Property Taxes Growth Rate2-year average: 1.9%
1.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$177This listing

vs Other Active Listings

Avg $/sqft

ZIP 38367$106
McNairy County$129

vs Homes Sold Last Month

Median $/sqft

ZIP 38367
McNairy County$151

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
2026-04-09Price change$167,000
2026-03-09Listed for sale$172,000

For Sale by Agent

AgentAshton Roberts
BrokerageMolly Moore Realty

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