1385 Ledger Rd is a 1,512 square foot house on a 9,045 square foot lot with 3 bedrooms and 2 bathrooms. Based on Redfin's Memphis data, we estimate the home's value is $76,678.
Single-familyProperty Type
1960Year Built
9,045 sq ftLot Size
$51Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$76,678
$1,000 since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 36.8% lower than the average sale price ($121K) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$667 (+9.2%)
$1,825 + $10,825
$12,650
2024
$611 (+8.1%)
$1,825 + $10,825
$12,650
2023
$565
$1,250 + $8,025
$9,275
2022
$565 (−1.2%)
$1,250 + $8,025
$9,275
2021
$572 (−4.1%)
$1,250 + $8,025
$9,275
2020
$596
$1,250 + $8,025
$9,275
2019
$596
$1,250 + $6,975
$8,225
2018
$596 (+76.3%)
$1,250 + $6,975
$8,225
2017
$338 (−9.1%)
$1,250 + $6,975
$8,225
2016
$372
$1,250 + $6,975
$8,225
2014
$372
$1,250 + $7,275
$8,525
Tax history for 1385 Ledger Rd
Year
Property tax
Land + Additions
Assessment*
2025
$667 (+9.2%)
$1,825 + $10,825
$12,650
2024
$611 (+8.1%)
$1,825 + $10,825
$12,650
2023
$565
$1,250 + $8,025
$9,275
2022
$565 (−1.2%)
$1,250 + $8,025
$9,275
2021
$572 (−4.1%)
$1,250 + $8,025
$9,275
2020
$596
$1,250 + $8,025
$9,275
2019
$596
$1,250 + $6,975
$8,225
2018
$596 (+76.3%)
$1,250 + $6,975
$8,225
2017
$338 (−9.1%)
$1,250 + $6,975
$8,225
2016
$372
$1,250 + $6,975
$8,225
2014
$372
$1,250 + $7,275
$8,525
*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
CMU-3
Commercial Mixed Use-3 District
The commercial mixed use districts are intended to accommodate retail, service and commercial uses and to ensure that commercial-zoned areas are compatible with the character of existing neighborhoods. While the districts primarily accommodate commercial uses, apartments and upper-story residential are allowed in order to promote live/work and mixed use opportunities. To provide for additional housing choice, single-family detached is permitted in the CMUdistricts. The CMU- districts are not intended to provide for areas exclusively dominated by any one particular use but provide for neighborhoods that successfully integrate several types of compatible uses together.; The CMU-3 District is intended to accommodate a very broad range of high intensity commercial, office and employment uses that require highly visible and highly accessible locations with direct access to arterials. Residential uses are allowed on the ground floor but upper-story units are encouraged. Typical uses in this district serve regional needs. The permitted uses are generally uses not of a neighborhood or general commercial type, but serve large areas of the City and County.
Permitted uses
Include but are not limited to:
Gas station
General retail
Restaurant
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Student
Manufacturing
Mixed use
Office
Dec 8, 2021 • Active
Residential accessory structure
Install a storage shed behind a residential building.
ADU
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: 2
Heating & Cooling
Heating Fuel Type: Gas
Room Information
# of Rooms: 8
Exterior
Exterior Information
Physical Condition: Average
Building Style Type: Traditional
Exterior Wall: Brick Veneer
Roof Covering Type: Composition Shingle
Roof Shape Type: Gable
Property Information
Subdivision Name: GRAND OPERA
Living Sq. Ft: 1,512
Ground Floor Sq. Ft: 1,512
Building Sq. Ft: 1,512
# of Stories: 1
Stories Type: 1
Legal Description: SEE MAP LM -10
Lot Information
# of Buildings: 1
Land Sq. Ft: 9,045
Legal Lot Number: 1
Municipality Name: MEMPHIS
Acres: 0.2076
Depth Footage: 196
Front Footage: 50
Zoning Code: CMU-3
County Use Description: SINGLE FAMILY
Financial
Assessor Information
Assessment Year: 2026
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,512
Stories: 1.0
Lot Size: 9,045 square feet
Style: Single Family Residential
Year Built: 1960
Year Renovated: —
County: Shelby County
APN: 060062 00002
Home facts updated by county records on Jul 13, 2026
Around this home
Schools
Hamilton High School
Public 9-12 • Assigned • 0.4mi
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
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 109° expected this year, 21 days in 30 years
4/10 Wind Factor
17% 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 • 38106
Average low and high temperatures (°F)
46
30
56
38
70
50
76
58
78
63
87
72
92
77
89
71
85
67
77
57
65
49
54
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
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
$73,000 – $89,000
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