Mid-Century Modern home in Memphis, TN
Set in Memphis, TN, this Mid-Century Modern condo provides 3 bedrooms and 2.5 bathrooms. The listing highlights deck / patio, fireplace, and walk-in closet.
| Price | $489,000 |
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| Beds | 3 |
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| Baths | 2.5 |
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| Architectural style | Mid-Century Modern (41% match) |
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| Address | 725 Eventide Dr Unit 34, Memphis, TN 38120 |
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Why buy this home
- Confirmed Mid-Century Modern architecture, matched from the listing photos by Enzo's vision model.
- Features: deck / patio, fireplace, walk-in closet.
- Links directly to the original source listing on Estately.
Is this a good buy?
Priced above comparable homes.
- At $489K, this home is 46% above the $335K median for 70 similar Mid-Century Modern homes in Memphis, TN.
- On the market 11 days.
No square footage is listed, so the per-square-foot comparison is not available. 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 $3,133/month with 20% down at a 7.28% 30-year fixed rate. You would need about $134,273 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $2,677/mo |
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| Property tax (new-buyer reassessed rate) | $273/mo |
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| Homeowners insurance | $183/mo |
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| Total monthly | $3,133/mo |
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| Down payment (20%) | $97,800 |
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| Income needed | $134,273/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 C- (54 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 | C- (54/100) |
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| Beats renting in | 8% of modeled paths |
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| Modeled 5-yr equity (median) | $199,089 |
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| Range (10th to 90th pct) | $110,904 to $310,764 |
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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 Estately