This home is a great deal in a great location. Home has 3 beds and bonus and 2 baths. Easy to show and won't last long. The lot is large and has a detached storage/garage in back of property. If buyer is using financing home will not go FHA. Proof of funds or bank letter required. Cash offers must include POF. Property SOLD "AS-IS".
Single-familyProperty Type
1953Year Built
0.32 acresLot Size
$144Est. Price/Sq.Ft.
2 spacesParking
Listed by Micah Layman• Ware Jones, REALTORS
Bought with Rekita Feagin• C21 Patterson & Assoc. Real Es
Source:Memphis Area Association of Realtors(R) MLS #10205086
Redfin Estimate
$235,334
$95K since sold in March 2026$3,000 since July
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 6.1% higher than the average sale price ($222K) of 6 comparable homes.
Memphis Area Association of Realtors(R) MLS #10205086
Sep 26, 2025
Sold
$140,000
$86/sq ft
Sep 4, 2025
Listed
$159,900
$98/sq ft
+9
This home is a great deal in a great location. Home has 3 beds and bonus and 2 baths. Easy to show and won't last long. The lot is large and has a detached storage/garage in back of property. If buyer is using financing home will not go FHA. Proof of funds or bank letter required. Cash offers must include POF. Property SOLD "AS-IS".
Public Records
Dec 20, 1993
Sold
$66,000
$40/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,522 (−13.6%)
$8,600 + $39,250
$47,850
2024
$2,919 (+8.1%)
$8,600 + $39,250
$47,850
2023
$2,700
$5,975 + $38,350
$44,325
2022
$2,700 (−1.2%)
$5,975 + $38,350
$44,325
2021
$2,732 (+49.5%)
$5,975 + $38,350
$44,325
2020
$1,828
$5,975 + $38,350
$44,325
2019
$1,828
$5,975 + $19,250
$25,225
2018
$1,828 (+76.3%)
$5,975 + $19,250
$25,225
2017
$1,037 (−0.7%)
$5,975 + $19,250
$25,225
2016
$1,044
$5,975 + $19,250
$25,225
2014
$1,044
$6,050 + $17,850
$23,900
Tax history for 1405 Colonial Rd
Year
Property tax
Land + Additions
Assessment*
2025
$2,522 (−13.6%)
$8,600 + $39,250
$47,850
2024
$2,919 (+8.1%)
$8,600 + $39,250
$47,850
2023
$2,700
$5,975 + $38,350
$44,325
2022
$2,700 (−1.2%)
$5,975 + $38,350
$44,325
2021
$2,732 (+49.5%)
$5,975 + $38,350
$44,325
2020
$1,828
$5,975 + $38,350
$44,325
2019
$1,828
$5,975 + $19,250
$25,225
2018
$1,828 (+76.3%)
$5,975 + $19,250
$25,225
2017
$1,037 (−0.7%)
$5,975 + $19,250
$25,225
2016
$1,044
$5,975 + $19,250
$25,225
2014
$1,044
$6,050 + $17,850
$23,900
*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 24, 2025 • Active
Residential electrical
Perform a total electrical rewire of an existing house.
Electrical
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
Heating Type: Forced Air
Room Information
# of Rooms: 6
Exterior
Exterior Information
Physical Condition: Average
Building Style Type: Bungalow
Exterior Wall: Brick Veneer
Roof Covering Type: Composition Shingle
Roof Shape Type: Gable
Property Information
Subdivision Name: PARKSIDE MANOR
Living Sq. Ft: 1,630
Ground Floor Sq. Ft: 1,630
Building Sq. Ft: 1,630
# of Stories: 1
Stories Type: 1
Parking & Garage Information
Parking Type: Detached Frame Garage
Garage/Parking Sq. Ft: 480
Garage / Carport Type: Detached Frame
Lot Information
# of Buildings: 1
Land Sq. Ft: 14,000
Legal Lot Number: 14
Municipality Name: MEMPHIS
Acres: 0.3214
Depth Footage: 175
Front Footage: 80
Zoning Code: R-6
County Use Description: SINGLE FAMILY
Financial
Assessor Information
Assessment Year: 2026
Public facts
Beds: 3
Baths: 1.0
Sq. Ft.: 1,630
Stories: 1.0
Lot Size: 0.32 acres
Style: Single Family Residential
Year Built: 1953
Year Renovated: —
County: Shelby County
APN: 066055 00002
Home facts updated by county records on Jul 13, 2026
Around this home
Schools
Sea Isle Elementary School
Public PreK-5 • Assigned • 0.9mi
4/10
Colonial Middle School
Public 6-8 • Assigned • 0.2mi
6/10
Overton High School
Public 9-12 • Assigned • 0.7mi
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
16% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Memphis, TN • 38117
Average low and high temperatures (°F)
47
30
57
38
72
50
78
58
79
63
88
72
93
77
91
72
86
68
78
57
66
49
54
40
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.5 hours in
June and 4.8 hours in December, placing it above the
U.S. average for solar exposure.
10.5 hrs
4.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$224,000 – $271,000
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