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379 Cobalt Bay Loop APT 304, Memphis, TN, 38103

1beds
2baths
1,478sqft
$259,000
$175price/sqft
$1,876/moest. monthly cost
$75,040/yrincome needed

About This Home

RARE AND DESIRABLE CORNER/END UNIT with ATTACHED GARAGE! HARDWOOD FLOORING THROUGHOUT! GATED COMMUNITY! Expansive windows, sunlight, and breathtaking views! 2 balconies overlooking the Mississippi River, Harbor Town Marina, and Rivertown swimming pool. IT'D BE SO NICE TO COME HOME TO!

Getting Around

49
WalkingCar-Dependent
53
TransitGood Transit
38
BikeSomewhat Bikeable

Schools

2/10
3/10
Manassas High SchoolGrades 9-121.6 mi

Construction

Condition

  • Year built: 2007

Materials

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

Type & Style

  • Home type: Condo
  • Architectural style: Contemporary
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Vent Hood/Exhaust Fan,Range/Oven,Cooktop,Disposal,Dishwasher,Microwave,Refrigerator
  • Laundry features: Laundry Room

Bedrooms & Bathrooms

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

Dining Room

  • Area: 315

Features

  • Primary Up,Smooth Ceiling,High Ceilings,Vaulted/Coff/Tray Ceiling,Two Story Foyer,Dining Room,Den/Great Room,Kitchen,Primary Bedroom,1 Bath,Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
  • Window features: Double Pane Windows
  • Flooring: Part Hardwood,Part Carpet,Tile
  • Common walls with other units/homes: End Unit

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Ceiling Fan(s),Central Air

Interior Area

  • Total interior livable area: 1,478 sqft

Kitchen

  • Features: Updated/Renovated Kitchen,Breakfast Bar,Pantry,Washer/Dryer Connections,Kit/DR Combo

Living Room

  • Features: Great Room,LR/DR Combination
  • Area: 315

Master Bathroom

  • Features: Smooth Ceiling,Tile Floor,Full Bath

Master Bedroom

  • Features: Walk-In Closet(s),Vaulted/Coffered Ceiling,Smooth Ceiling,Hardwood Floor,Carpet
  • Area: 192

Property

Details

  • Parcel number: 001001 T00039
  • Attached to another structure: Yes

Features

  • Stories: 3
  • Pool features: Community,Neighborhood
  • Patio & porch: Deck
  • Has spa: Yes
  • Spa features: Whirlpool(s)
  • Has view: Yes
  • View description: Water
  • Has water view: Yes
  • Water view: Water

Lot

  • Lot size: 1.53 Acres
  • Features: Corner Lot,Zero Lot Line
  • Lot size dimensions: 465 x 203.47 IRR

Parking

  • Total spaces: 1
  • Parking features: Garage Door Opener,Garage Faces Rear,Gated,Guest
  • Has garage: Yes
  • 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
  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Tornado
    TornadoRelatively High

How This Home’s Risks Compare

Cold Wave
Earthquake
Heat Wave
Inland Flooding
Tornado

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 $1,309$15,708
Home Insurance $183$2,196
Property Taxes $209$2,508
Electricity $175$2,103
Total$1,876$22,512

Income You'd Need if You Spent...

35% on housing$64,320/yr
40% on housing$56,280/yr
45% on housing$50,026/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

$175This listing

vs Other Active Listings

Avg $/sqft

ZIP 38103$190
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
2026-05-15Price change$259,000
2026-04-07Pending sale$269,000
2026-03-16Listed for sale$269,000
2025-09-09Listing removed$259,000
2025-08-07Price change$259,000
2025-06-18Price change$244,000
2025-05-30Price change$249,000
2025-03-21Price change$259,000
2025-03-14Price change$269,000
2025-03-06Pending sale$279,000
2025-02-28Price change$279,000
2025-02-08Listed for sale$269,000
2009-07-31Sold$176,000

For Sale by Agent

AgentDaniel Hawkins
BrokerageKAIZEN Realty, LLC

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