Ranch home in 2984 Curtis St Memphis, TN
A Ranch home in Memphis, TN, it offers 3 bedrooms and 1.1 bathrooms across 1,092 square feet. The Ranch styling carries through the home's design.
| Price | $130,000 |
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| Beds | 3 |
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| Baths | 1.1 |
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| Sqft | 1092 |
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| Architectural style | Ranch (60% match) |
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| Address | 2984 Curtis St Memphis, TN 38118 |
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Why buy this home
- Confirmed Ranch architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Movoto.
Is this a good buy?
Priced below comparable homes.
- At $130K, this home is 23% below the $170K median for 1254 similar Ranch homes in Memphis, TN.
- That works out to $119 per square foot, 2% above the $117 comparable rate.
- New to market (3 days), so expect competition.
| This home | $130,000 |
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| Ranch median in Memphis, TN | $169,900 (1254 homes) |
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| Price per sq ft | $119 vs. $117 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 $833/month with 20% down at a 7.28% 30-year fixed rate. You would need about $35,696 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $712/mo |
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| Property tax (new-buyer reassessed rate) | $73/mo |
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| Homeowners insurance | $49/mo |
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| Total monthly | $833/mo |
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| Down payment (20%) | $26,000 |
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| Income needed | $35,696/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 B+ (75 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 | B+ (75/100) |
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| Beats renting in | 39% of modeled paths |
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| Modeled 5-yr equity (median) | $74,332 |
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| Range (10th to 90th pct) | $47,201 to $106,704 |
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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 Movoto