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481 Tennessee St, Memphis, TN, 38103

4beds
5baths
4,319sqft
$999,900
$232price/sqft
$6,924/moest. monthly cost
$276,960/yrincome needed

About This Home

Riverfront Home in Downtown Memphis. Custom Built home overlooking Tom Lee Park and the Mississippi River. Features include 10' ceilings, solid 8' doors, Elevator, Viking Gas Cook Top, Central Vacuum, Gunite Cocktail Pool, home sound system, Large garage, Home Gym in Basement, Screened balcony w/natural gas grill on 2nd floor w/river views, Unscreened balcony on 3rd floor, XL laundry room, plus a huge Master Suite! Unbelievable Sunset Views and Bridge Views 1st floor: 2 Bedrooms. 2nd Floor Kitchen, 2nd Floor: Den & Dining Rooms, Guest Bedroom and Office 3rd Floor: Wonderful master and bath are on the 3rd floor! Don't miss the Basement Gym accessible from the Garage.

Getting Around

80
WalkingVery Walkable
43
TransitSome Transit
55
BikeBikeable

Schools

2/10
3/10

Construction

Condition

  • Year built: 2005

Materials

  • Foundation: Slab
  • Roof: Composition Shingles
  • Construction materials: Brick Veneer

Type & Style

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

Interior

Appliances

  • Appliances included: Double Oven,Cooktop,Gas Cooktop,Disposal,Dishwasher,Microwave
  • Laundry features: Laundry Room

Bedroom2

  • Features: Private Half Bath,Shared Bath
  • Level: First
  • Area: 144

Bedroom3

  • Features: Private Half Bath,Shared Bath
  • Level: First
  • Area: 204

Bedroom4

  • Features: Private Full Bath
  • Level: Second
  • Area: 120

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 5
  • Full bathrooms: 3
  • 1/2 bathrooms: 2

Den

  • Area: 506

Dining Room

  • Features: Separate Dining Room
  • Area: 240

Features

  • 1 or More BR Down,Primary Up,Renovated Bathroom,Luxury Primary Bath,Full Bath Down,Half Bath Down,2nd Bedroom,3rd Bedroom,1 Bath,Dining Room,Den/Great Room,Primary Bedroom,4th or More Bedrooms,2 or More Baths,Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
  • Window features: Double Pane Windows
  • Flooring: Part Hardwood,Part Carpet
  • Number of fireplaces: 2
  • Fireplace features: In Den/Great Room,Primary Bedroom
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central,Dual System
  • Cooling features: Central Air,Dual

Interior Area

  • Total interior livable area: 4,319 sqft

Kitchen

  • Features: Updated/Renovated Kitchen,Breakfast Bar,Pantry,Washer/Dryer Connections
  • Area: 210

Living Room

  • Features: Great Room

Master Bathroom

  • Features: Double Vanity,Separate Shower,Tile Floor,Whirlpool Tub,Full Bath

Master Bedroom

  • Features: Built-In Cabinets/Bkcases,Carpet,Fireplace,Sitting Area,Smooth Ceiling,Walk-In Closet(s)
  • Level: Second
  • Area: 308

Office

  • Features: Shared Bath
  • Level: Second
  • Area: 80

Property

Details

  • Parcel number: 002081 A00007

Features

  • Stories: 3
  • Private pool: Yes
  • Pool features: Pool Heater,In Ground
  • Patio & porch: Porch,Patio
  • Exterior features: Courtyard,Balcony
  • Has spa: Yes
  • Spa features: Bath

Lot

  • Lot size: 4,356 sqft
  • Features: Some Trees,Level,Landscaped
  • Lot size dimensions: 4195 SF 28 x 141

Parking

  • Total spaces: 2
  • Parking features: Driveway/Pad,Garage Door Opener,Garage Faces Front
  • Has garage: Yes
  • 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 WaveRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Tornado
    TornadoRelatively High
  • Earthquake
    EarthquakeModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Inland Flooding
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 $5,056$60,672
Home Insurance $710$8,520
Property Taxes $808$9,696
Electricity $350$4,211
Total$6,924$83,088

Income You'd Need if You Spent...

35% on housing$237,394/yr
40% on housing$207,720/yr
45% on housing$184,640/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

$232This listing

vs Other Active Listings

Avg $/sqft

ZIP 38103$187
Shelby County$117

vs Homes Sold Last Month

Median $/sqft

ZIP 38103$206
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)

No zestimate history available

Price History

DateEventPrice
2026-03-17Listed for sale$1,295,000
2025-07-01Listing removed$1,295,000
2025-04-07Listed for sale$1,295,000
2023-02-09Listing removed--
2022-06-12Price change$1,485,000
2022-05-11Listed for sale$1,600,000
2021-06-29Sold$900,000
2021-01-20Listing removed--
2020-10-28Listed for sale$999,901
2020-10-15Pending sale$999,901
2020-08-14Price change$999,901
2020-05-14Price change$1,295,000
2020-02-28Listed for sale$1,400,000
2004-10-13Sold$325,000

For Sale by Agent

AgentChris Garland
BrokerageCrye-Leike, Inc., REALTORS

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