Victorian / Queen Anne home in Memphis, TN
This 759-square-foot Victorian home in Memphis, TN includes 1 bedroom and 1 bathroom. Its Victorian character defines the property's look.
| Price | $149,900 |
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| Beds | 1 |
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| Baths | 1 |
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| Sqft | 759 |
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| Architectural style | Victorian / Queen Anne (57% match) |
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| Address | 372 Mulberry St, Memphis, TN 38103 |
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Why buy this home
- Confirmed Victorian / Queen Anne architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Trulia.
Is this a good buy?
Priced below comparable homes.
- At $150K, this home is 45% below the $275K median for 41 similar Victorian / Queen Anne homes in Memphis, TN.
- That works out to $197 per square foot, 66% above the $119 comparable rate.
- On the market 48 days, longer than usual here, so the seller may be open to offers.
| This home | $149,900 |
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| Victorian / Queen Anne median in Memphis, TN | $275,000 (41 homes) |
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| Price per sq ft | $197 vs. $119 comps median |
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It is well below comparable homes, which can mean condition issues, a smaller lot or living area, a leasehold, or a data quirk. Check the source listing before getting excited. Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $960/month with 20% down at a 7.28% 30-year fixed rate. You would need about $41,161 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $821/mo |
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| Property tax (new-buyer reassessed rate) | $84/mo |
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| Homeowners insurance | $56/mo |
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| Total monthly | $960/mo |
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| Down payment (20%) | $29,980 |
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| Income needed | $41,161/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home D (48 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | D (48/100) |
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| Beats renting in | 5% of modeled paths |
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| Modeled 5-yr equity (median) | $56,076 |
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| Range (10th to 90th pct) | $29,117 to $87,595 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Memphis, TN where local data is thin.
Local home values
Typical home values in Memphis, TN have risen about 17% over the past 5 years (+0% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Trulia