Cottage / Storybook home in Memphis, TN
A Cottage home in Memphis, TN, it offers 2 bedrooms and 1 bathroom. Standout details include attached garage, deck / patio, and hardwood floors.
| Price | $245,000 |
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| Beds | 2 |
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| Baths | 1 |
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| Architectural style | Cottage / Storybook (63% match) |
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| Address | 917 Blythe St, Memphis, TN 38104 |
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Why buy this home
- Confirmed Cottage / Storybook architecture, matched from the listing photos by Enzo's vision model.
- Features: attached garage, deck / patio, hardwood floors.
- Links directly to the original source listing on Estately.
Is this a good buy?
Priced a little above the area.
- At $245K, this home is 11% above the $220K median for 181 similar Cottage / Storybook homes in Memphis, TN.
- On the market 20 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 $1,570/month with 20% down at a 7.28% 30-year fixed rate. You would need about $67,274 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $1,341/mo |
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| Property tax (new-buyer reassessed rate) | $137/mo |
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| Homeowners insurance | $92/mo |
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| Total monthly | $1,570/mo |
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| Down payment (20%) | $49,000 |
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| Income needed | $67,274/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- (53 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- (53/100) |
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| Beats renting in | 7% of modeled paths |
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| Modeled 5-yr equity (median) | $99,054 |
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| Range (10th to 90th pct) | $54,427 to $150,729 |
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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