505 Tennessee St, Memphis, TN 38103
For Sale: $345,000
A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more
- Days on Zillow28
- Basement TypeUnknown
- Floor CoveringUnknown
- Additional FeaturesUnknown Roof
- Covered Parking Spaces2
- MLS #3284927
- Roof TypeOther
- Structure TypeOther
- Zillow Home ID2141215153
|Value||Range||30-day change||$/sqft||Last updated|
|Zestimate What's this?||$220,942||$146K – $289K||+$45,119||$151||12/03/2013|
|Rent Zestimate What's this?||$946/mo||$615 – $1.4K/mo||-$56||$0.65||11/25/2013|
Zillow predicts 38103 home values will rise 1.6% next year, compared to a 1.7% increase for Memphis as a whole. Among 38103 homes, this home is 73.6% more expensive than the midpoint (median) home, and is priced 77.4% more per square foot.
Foreclosures will be a factor impacting home values in the next several years. In the 38103 market, the number of foreclosures waiting to be sold fell 24.9% in the last year. The number of unsold foreclosures is 28.4% less than in Memphis, and 49.1% higher than the national average. This lower local number could help 38103 home values rise more quickly than other regions in Memphis.
Learn more about forecast calculations or 38103 home values.
Neighborhood for 505 Tennessee Street
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