1503 Ragan St is a 1,134 square foot multi-family home on a 5,750 square foot lot with 4 bedrooms and 2 bathrooms. Based on Redfin's Memphis data, we estimate the home's value is $70,656.
Multi-familyProperty Type
1950Year Built
5,750 sq ftLot Size
$62Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$70,656
$3,000 since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 26.3% lower than the average sale price ($96K) 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
$1,077 (+309.0%)
$2,680 + $17,760
$20,440
2024
$263 (+8.1%)
$2,680 + $17,760
$20,440
2023
$244
$1,320 + $2,680
$4,000
2022
$244 (−1.2%)
$1,320 + $2,680
$4,000
2021
$247 (−4.4%)
$1,320 + $2,680
$4,000
2020
$258
$1,320 + $2,680
$4,000
2019
$258
$1,320 + $2,240
$3,560
2018
$258 (+273.6%)
$1,320 + $2,240
$3,560
2017
$69 (−90.0%)
$1,320 + $2,240
$3,560
2016
$692
2014
$692
$1,320 + $14,520
$15,840
Tax history for 1503 Ragan St
Year
Property tax
Land + Additions
Assessment*
2025
$1,077 (+309.0%)
$2,680 + $17,760
$20,440
2024
$263 (+8.1%)
$2,680 + $17,760
$20,440
2023
$244
$1,320 + $2,680
$4,000
2022
$244 (−1.2%)
$1,320 + $2,680
$4,000
2021
$247 (−4.4%)
$1,320 + $2,680
$4,000
2020
$258
$1,320 + $2,680
$4,000
2019
$258
$1,320 + $2,240
$3,560
2018
$258 (+273.6%)
$1,320 + $2,240
$3,560
2017
$69 (−90.0%)
$1,320 + $2,240
$3,560
2016
$692
2014
$692
$1,320 + $14,520
$15,840
*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
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
Oct 7, 2020 • Final
Residential electrical
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: 2
Heating & Cooling
Heating Fuel Type: Gas
Room Information
# of Rooms: 6
Exterior
Exterior Information
Physical Condition: Fair
Building Style Type: Cottage/Bungalow
Exterior Wall: Brick Veneer
Property Information
Subdivision Name: SOUTH PKWY WILLETT
Living Sq. Ft: 1,134
Ground Floor Sq. Ft: 1,134
Building Sq. Ft: 1,134
# of Stories: 1
Stories Type: 1
Legal Description: WS RAGAN
Lot Information
# of Buildings: 1
Land Sq. Ft: 5,750
Legal Lot Number: 30
Municipality Name: MEMPHIS
Acres: 0.132
Depth Footage: 115
Front Footage: 50
Zoning Code: RU-1
County Use Description: DUPLEX
Utility Information
Utility Type: Gas Available
Financial
Assessor Information
Assessment Year: 2026
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 1,134
Stories: 1.0
Lot Size: 5,750 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1950
Year Renovated: —
County: Shelby County
APN: 048031 00010
Home facts updated by county records on Jul 13, 2026
Around this home
Schools
Hamilton High School
Public 9-12 • Assigned • 0.5mi
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
$68,000 – $82,000
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