Pre-Qualification letter to be obtained by Countrywide Home Loans, see listing agent for details. Prior to making an offer, contact listing agent for Pre-Qualification Requirements. Being sold as is. 2bed/1bath investment opp with 766 sq. ft.
Memphis Area Association of Realtors(R) MLS #3138950
Aug 6, 2008
Sold
$7,000
Apr 23, 2008
Listed
$7,900
Year
Property tax
Land + Additions
Assessment*
2025
$434 (+6.6%)
$1,675 + $6,550
$8,225
2024
$407 (+8.1%)
$1,675 + $6,550
$8,225
2023
$376
$825 + $5,350
$6,175
2022
$376 (−1.2%)
$825 + $5,350
$6,175
2021
$381 (−14.9%)
$825 + $5,350
$6,175
2020
$447
$825 + $5,350
$6,175
2019
$447
$825 + $5,350
$6,175
2018
$447 (+76.3%)
$825 + $5,350
$6,175
2017
$254 (−9.7%)
$825 + $5,350
$6,175
2016
$281
$825 + $5,350
$6,175
2014
$281
$825 + $5,625
$6,450
Tax history for 1487 Ragan Street St
Year
Property tax
Land + Additions
Assessment*
2025
$434 (+6.6%)
$1,675 + $6,550
$8,225
2024
$407 (+8.1%)
$1,675 + $6,550
$8,225
2023
$376
$825 + $5,350
$6,175
2022
$376 (−1.2%)
$825 + $5,350
$6,175
2021
$381 (−14.9%)
$825 + $5,350
$6,175
2020
$447
$825 + $5,350
$6,175
2019
$447
$825 + $5,350
$6,175
2018
$447 (+76.3%)
$825 + $5,350
$6,175
2017
$254 (−9.7%)
$825 + $5,350
$6,175
2016
$281
$825 + $5,350
$6,175
2014
$281
$825 + $5,625
$6,450
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
2
Baths
1
Stories
1
Lot width
50 ft.
Lot depth
115 ft.
Lot size
5,750 Sq. Ft.
Year renovated
—
Sq. Ft.
783
Year built
1948
Style
Single Family Residential
County
Shelby County
APN
048031 00007
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 16, 2026.
RU-1
Residential Urban-1 District
Residential development in the RU-1 District allows a variety of housing types including single-family detached (conventional, side yard house, Cottage) and single-family attached (semi-attached, two-family). New RU-1 districts should have a shared street network with and are generally located at least 500 to 1,000 ft from a CMU-1, CMU2, CMU-3, or CBD district or at are least 500 to 1,000 ft from an arterial.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Single unit
Housing-Multiple units
Housing-Senior
Infrastructure
Educational/school
Fire house
Police station
Recreation
Park & open space
Property details
Parking
Parking Information
Parking/Storage: Other (See Remarks)
Interior
Bedroom Information
# of Bedrooms (Lower): 2
# of Bedrooms: 2
# of Bedrooms: 2
# of Bedrooms Down: 2
Master Bedroom Dimensions: 10 x 11
Master Bedroom Dimensions: 10 x 11
Bedroom 2 Dimensions: 10 x 11
Bedroom 2 Dimensions: 10 x 11
Bathroom Information
# of Baths (Full): 1
# of Bathrooms (Full): 1
Interior Features
# of Rooms: 4
# of Stories: 1
Floors/Ceilings: Part Hardwood, Part Carpet, Vinyl Floor
Room Information
Living Room Dimensions: 11 x 12
Dining Room Dimensions:
Den/Great Room Dimensions:
Kitchen Dimensions: 10X10
Dining Room Dimensions: 0X0
Living Room Dimensions: 11X12
Living/Dining/Kitchen: Separate Living Room, Washer/Dryer Connections, Other (See Remarks)
Den/Great Room Dimensions: 0X0
Additional Bedroom/Bathroom Info: All Bedrooms Down, Master Bedroom Down, Other (See Remarks)
Exterior
Exterior Features
Pool Description: None
Miscellaneous Exterior: Other (See Remarks)
Exterior/Windows: Brick Veneer, Wood Window(s)
Foundation: Conventional
Roof: Composition Shingles
Land Information
Acreage: 0.13
Lot Information
Parcel ID: 048031 00007
Lot #: 27
Lot Size: 50 X 115
Lot Description: Level
Area: 748A
Property Information
Detached Single Family
Style: Traditional
Property Construction Status: Existing Property
Approx Heated Sq. Ft. Range: 0-999
Year Built: 1948
Financial
Tax Information
Annual City Tax: $429
Annual County Tax: $505
Utilities
Utility Information
Water & Sewer: Public Water, Public Sewer
Heating: Gas
Cooling: No Cooling
Location
Multi-Unit Information
Detached Unit Type: General Residential
Location Details
Directions: WEST ON SOUTH PARKWAY FROM LAMAR, LEFT ON RAGAN (AT WILLETT)
MAAR Subdivision Name: SOUTH PARKWAY-WILLETT
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 783
Stories: 1.0
Lot Size: 5,750 square feet
Style: Single Family Residential
Year Built: 1948
Year Renovated: —
County: Shelby County
APN: 048031 00007
Home facts updated by county records on Jun 16, 2026
Around this home
Schools
Hamilton High School
Public 9-12 • Assigned • 0.6mi
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
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
7/10 Heat Factor
7 days above 108° expected this year, 21 days in 30 years
4/10 Wind Factor
16% 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
$34,000 – $41,000
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Property information provided by Memphis Area Association of Realtors(R) MLS when last listed in 2008. This data may not match public records. Learn more.