Craftsman / Bungalow home in Memphis, TN
Set in Memphis, TN, this Craftsman home provides 6,777 square feet. Its Craftsman character defines the property's look.
| Price | $550,000 |
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| Sqft | 6777 |
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| Architectural style | Craftsman / Bungalow (88% match) |
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| Address | 1239 Agnes Pl, Memphis, TN 38104 |
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Why buy this home
- Confirmed Craftsman / Bungalow 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 above comparable homes.
- At $550K, this home is 161% above the $211K median for 228 similar Craftsman / Bungalow homes in Memphis, TN.
- That works out to $81 per square foot, 39% below the $132 comparable rate.
- On the market 48 days, longer than usual here, so the seller may be open to offers.
| This home | $550,000 |
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| Craftsman / Bungalow median in Memphis, TN | $211,000 (228 homes) |
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| Price per sq ft | $81 vs. $132 comps median |
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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 $3,524/month with 20% down at a 7.28% 30-year fixed rate. You would need about $151,023 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $3,011/mo |
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| Property tax (new-buyer reassessed rate) | $307/mo |
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| Homeowners insurance | $206/mo |
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| Total monthly | $3,524/mo |
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| Down payment (20%) | $110,000 |
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| Income needed | $151,023/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) | $222,968 |
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| Range (10th to 90th pct) | $121,413 to $341,489 |
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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