1235 Margaret Rd is a 1,008 square foot house on a 0.46 acre lot with 2 bedrooms and 1 bathroom. - it last sold on October 02, 2006 for $21,000. Based on Redfin's Memphis data, we estimate the home's value is $63,425.
Single-familyProperty Type
1966Year Built
0.46 acresLot Size
$63Est. Price/Sq.Ft.
2 spacesParking
Source:Public Records
Redfin Estimate
$63,425
$42K since sold in October 2006$8,000 since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 6.8% lower than the average sale price ($68K) of 6 comparable homes.
Memphis Area Association of Realtors(R) MLS #2538872
Feb 23, 2004
Sold
$21,000
$21/sq ft
May 15, 2003
Listed
$24,000
$24/sq ft
Public Records
Dec 28, 1995
Sold
$33,500
$33/sq ft
Public Records
Feb 8, 1971
Sold
$6,200
$6/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$920 (+5.0%)
$1,600 + $15,850
$17,450
2024
$876 (+8.1%)
$1,600 + $15,850
$17,450
2023
$810
$1,375 + $11,925
$13,300
2022
$810 (−1.2%)
$1,375 + $11,925
$13,300
2021
$820 (+24.7%)
$1,375 + $11,925
$13,300
2020
$658
$1,375 + $11,925
$13,300
2019
$658
$1,375 + $7,700
$9,075
2018
$658 (+76.3%)
$1,375 + $7,700
$9,075
2017
$373 (+26.9%)
$1,375 + $7,700
$9,075
2016
$294 (−24.6%)
$1,375 + $7,700
$9,075
2014
$390
$1,375 + $7,550
$8,925
Tax history for 1235 Margaret Rd
Year
Property tax
Land + Additions
Assessment*
2025
$920 (+5.0%)
$1,600 + $15,850
$17,450
2024
$876 (+8.1%)
$1,600 + $15,850
$17,450
2023
$810
$1,375 + $11,925
$13,300
2022
$810 (−1.2%)
$1,375 + $11,925
$13,300
2021
$820 (+24.7%)
$1,375 + $11,925
$13,300
2020
$658
$1,375 + $11,925
$13,300
2019
$658
$1,375 + $7,700
$9,075
2018
$658 (+76.3%)
$1,375 + $7,700
$9,075
2017
$373 (+26.9%)
$1,375 + $7,700
$9,075
2016
$294 (−24.6%)
$1,375 + $7,700
$9,075
2014
$390
$1,375 + $7,550
$8,925
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning and permits
Zoning
Permits
R-6
Residential Single Family-6 District
The single-family residential districts are intended to accommodate one single-family detached principal dwelling unit per lot. These districts should be applied in areas where the land-use pattern is predominately single-family residential or where such a land use pattern is desired in the future. Five single-family residential districts are established-R-6 which are differentiated primarily on the basis of minimum lot area and setback requirements. New R-6 districts are generally located in an infill or redevelopment location where similar lot sizes are part of the original fabric of development. Additionally, R-6 districts should have a shared street network with and are generally located at least 500 to 1,000 ft from a CMU-1, CMU-2, CMU-3, or CBD district.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Senior
Infrastructure
Educational / school
Fire house
Police station
Recreation
Park & open space
Oct 7, 2020 • Final
Residential electrical
Repair the ground rod clamp and the ground inside the electrical panel.
Electrical
Oct 7, 2020 • Final
Residential mechanical
Perform a gas air test on a residential building.
Gas
HVAC
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Basement Information
Basement Type: Crawl-Space
Bathroom Information
# of Full Baths: 1
Heating & Cooling
Heating Fuel Type: Gas
Room Information
# of Rooms: 4
Exterior
Exterior Information
Physical Condition: Average
Building Style Type: Cottage/Bungalow
Exterior Wall: Frame
Roof Covering Type: Composition Shingle
Roof Shape Type: Hip
Property Information
Subdivision Name: OLD HOME TOWN
Living Sq. Ft: 1,008
Ground Floor Sq. Ft: 1,008
Building Sq. Ft: 1,008
# of Stories: 1
Stories Type: 1
Legal Description: SE SIDE MARGARET RD
Parking & Garage Information
Parking Type: Detached Frame Garage
Garage/Parking Sq. Ft: 528
Garage / Carport Type: Detached Frame
Lot Information
# of Buildings: 1
Land Sq. Ft: 20,000
Legal Lot Number: 11
Municipality Name: MEMPHIS
Acres: 0.4591
Depth Footage: 200
Front Footage: 100
Zoning Code: R-6
County Use Description: SINGLE FAMILY
Financial
Assessor Information
Assessment Year: 2026
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 1,008
Stories: 1.0
Lot Size: 0.46 acres
Style: Single Family Residential
Year Built: 1966
Year Renovated: —
County: Shelby County
APN: 082054 00009
Home facts updated by county records on Jul 14, 2026
Around this home
Schools
Double Tree Elementary School
Public PreK-5 • Assigned • 1.1mi
3/10
Chickasaw Junior High School
Public 6-8 • Assigned • 2.2mi
4/10
Westwood Middle/ High School
Public 9-12 • Assigned • 1.6mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.31% chance of being in a wildfire in next 30 years
6/10 Heat Factor
7 days above 110° expected this year, 21 days in 30 years
4/10 Wind Factor
18% chance of strong winds in next 30 years
2/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Memphis, TN • 38109
Average low and high temperatures (°F)
46
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71
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63
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92
76
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71
87
67
77
57
65
49
54
39
Jan
Feb
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May
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Sun exposure
In this area, properties receive around 10.6 hours in
June and 4.8 hours in December, placing it above the
U.S. average for solar exposure.
10.6 hrs
4.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$61,000 – $73,000
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