Farmhouse / Modern Farmhouse home in Memphis, TN
Set in Memphis, TN, this Farmhouse home provides 3 bedrooms and 2.5 bathrooms. The Farmhouse styling carries through the home's design.
| Price | $389,000 |
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| Beds | 3 |
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| Baths | 2.5 |
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| Architectural style | Farmhouse / Modern Farmhouse (47% match) |
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| Address | 1076 Blythe St, Memphis, TN 38104 |
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Why buy this home
- Confirmed Farmhouse / Modern Farmhouse architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Estately.
Is this a good buy?
Priced above comparable homes.
- At $389K, this home is 90% above the $205K median for 13 similar Farmhouse / Modern Farmhouse homes in Memphis, TN.
- On the market 54 days, longer than usual here, so the seller may be open to offers.
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 $2,492/month with 20% down at a 7.28% 30-year fixed rate. You would need about $106,814 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $2,129/mo |
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| Property tax (new-buyer reassessed rate) | $217/mo |
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| Homeowners insurance | $146/mo |
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| Total monthly | $2,492/mo |
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| Down payment (20%) | $77,800 |
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| Income needed | $106,814/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 | 8% of modeled paths |
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| Modeled 5-yr equity (median) | $155,976 |
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| Range (10th to 90th pct) | $86,153 to $241,481 |
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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