1391 Ledger Rd is a 1,275 square foot house on a 7,515 square foot lot with 3 bedrooms and 1 bathroom. Based on Redfin's Memphis data, we estimate the home's value is $63,921.
Single-familyProperty Type
1962Year Built
7,515 sq ftLot Size
$50Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$63,921
$10K since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 34.8% lower than the average sale price ($98K) of 5 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
$585 (+4.2%)
$1,700 + $9,400
$11,100
2024
$561 (+8.1%)
$1,700 + $9,400
$11,100
2023
$519
$1,050 + $7,475
$8,525
2022
$519 (−1.2%)
$1,050 + $7,475
$8,525
2021
$525
$1,050 + $7,475
$8,525
2020
$525
$1,050 + $7,475
$8,525
2019
$525
$1,050 + $6,200
$7,250
2018
$525 (+76.3%)
$1,050 + $6,200
$7,250
2017
$298 (−8.9%)
$1,050 + $6,200
$7,250
2016
$327
$1,050 + $6,200
$7,250
2014
$327
$1,050 + $6,450
$7,500
Tax history for 1391 Ledger Rd
Year
Property tax
Land + Additions
Assessment*
2025
$585 (+4.2%)
$1,700 + $9,400
$11,100
2024
$561 (+8.1%)
$1,700 + $9,400
$11,100
2023
$519
$1,050 + $7,475
$8,525
2022
$519 (−1.2%)
$1,050 + $7,475
$8,525
2021
$525
$1,050 + $7,475
$8,525
2020
$525
$1,050 + $7,475
$8,525
2019
$525
$1,050 + $6,200
$7,250
2018
$525 (+76.3%)
$1,050 + $6,200
$7,250
2017
$298 (−8.9%)
$1,050 + $6,200
$7,250
2016
$327
$1,050 + $6,200
$7,250
2014
$327
$1,050 + $6,450
$7,500
*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
Oct 7, 2020 • Final
Residential mechanical
Turn on the gas meter for a plumbing inspection.
Gas
Oct 7, 2020 • Final
Residential mechanical
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
Bathroom Information
# of Full Baths: 1
Heating & Cooling
Heating Fuel Type: Gas
Room Information
# of Rooms: 7
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: 1,275
Ground Floor Sq. Ft: 1,275
Building Sq. Ft: 1,275
# of Stories: 1
Stories Type: 1
Lot Information
# of Buildings: 1
Land Sq. Ft: 7,515
Legal Lot Number: 2
Municipality Name: MEMPHIS
Acres: 0.1725
Depth Footage: 166
Front Footage: 50
Zoning Code: CMU-3
County Use Description: SINGLE FAMILY
Financial
Assessor Information
Assessment Year: 2026
Public facts
Beds: 3
Baths: 1.0
Sq. Ft.: 1,275
Stories: 1.0
Lot Size: 7,515 square feet
Style: Single Family Residential
Year Built: 1962
Year Renovated: —
County: Shelby County
APN: 060062 00003
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 108° 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
$61,000 – $74,000
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