1531 Lookout Rd is a 1,198 square foot house on a 0.46 acre lot with 3 bedrooms and 1 bathroom. - it last sold on March 26, 2019 for $65,000. Based on Redfin's Memphis data, we estimate the home's value is $78,801.
Single-familyProperty Type
1952Year Built
0.46 acresLot Size
$66Est. Price/Sq.Ft.
1 spaceParking
Listed by Fredrick Cunningham• Assured Real Estate Services
Bought with Fredrick Cunningham• Assured Real Estate Services
Source:Memphis Area Association of Realtors(R) MLS #10041593
Redfin Estimate
$78,801
$14K since sold in March 2019$0 since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 3.2% lower than the average sale price ($81K) of 6 comparable homes.
Memphis Area Association of Realtors(R) MLS #10041593
Nov 29, 2018
Sold
$34,000
$28/sq ft
Nov 15, 2018
Listed
$35,000
$29/sq ft
Memphis Area Association of Realtors(R) MLS #9956417
Sep 17, 2015
Sold
$11,550
$10/sq ft
Jul 10, 2015
Listed
$11,550
$10/sq ft
+5
This is a lovely home located in Memphis, TN. It has 2 spacious bedrooms and one full bath. Kitchen has many cabinets and counter tops for extra storage options. Tons of natural light! Lots of room for kids or pets to run and play! Only minutes from shopping, schools, and entertainment. Call us and come see it today! Please note that this property was built prior to 1978, so lead paint could potentially exist.
Memphis Area Association of Realtors(R) MLS #2516534
Nov 8, 2002
Sold
$66,500
$56/sq ft
Jul 31, 2002
Listed
$69,500
$58/sq ft
Memphis Area Association of Realtors(R) MLS #2507433
Jun 14, 2002
Sold
$34,000
$28/sq ft
Apr 11, 2002
Listed
$45,900
$38/sq ft
Public Records
Jan 15, 1996
Sold
$42,000
$35/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,091 (+18.8%)
$2,025 + $18,675
$20,700
2024
$919 (+8.1%)
$2,025 + $18,675
$20,700
2023
$850
$1,775 + $12,175
$13,950
2022
$850 (−1.2%)
$1,775 + $12,175
$13,950
2021
$860 (+38.0%)
$1,775 + $12,175
$13,950
2020
$623
$1,775 + $12,175
$13,950
2019
$623
$1,775 + $6,825
$8,600
2018
$623 (+76.3%)
$1,775 + $6,825
$8,600
2017
$353 (−5.2%)
$1,775 + $6,825
$8,600
2016
$373
$1,775 + $6,825
$8,600
2014
$373
$1,775 + $6,775
$8,550
Tax history for 1531 Lookout Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,091 (+18.8%)
$2,025 + $18,675
$20,700
2024
$919 (+8.1%)
$2,025 + $18,675
$20,700
2023
$850
$1,775 + $12,175
$13,950
2022
$850 (−1.2%)
$1,775 + $12,175
$13,950
2021
$860 (+38.0%)
$1,775 + $12,175
$13,950
2020
$623
$1,775 + $12,175
$13,950
2019
$623
$1,775 + $6,825
$8,600
2018
$623 (+76.3%)
$1,775 + $6,825
$8,600
2017
$353 (−5.2%)
$1,775 + $6,825
$8,600
2016
$373
$1,775 + $6,825
$8,600
2014
$373
$1,775 + $6,775
$8,550
*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-10
Residential Single-Family-10 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. 5 single-family residential districts are established-R-10 which are differentiated primarily on the basis of minimum lot area and setback requirements.; New R-10 districts are generally located at least 1,500 to 2,000 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 7, 2020 • Final
Residential electrical
Repair electrical defects identified during a safety inspection.
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
Basement Information
Basement Type: Crawl-Space
Bathroom Information
# of Full Baths: 1
Heating & Cooling
Air Conditioning Type: Central and Unit
Heating Fuel Type: Gas
Heating Type: Central
Room Information
# of Rooms: 6
Exterior
Exterior Information
Physical Condition: Average
Building Style Type: Traditional
Exterior Wall: Brick Veneer
Roof Covering Type: Composition Shingle
Roof Shape Type: Hip
Property Information
Subdivision Name: ALTA VISTA
Living Sq. Ft: 1,198
Ground Floor Sq. Ft: 1,198
Building Sq. Ft: 1,198
# of Stories: 1
Stories Type: 1
Legal Description: SS LOOKOUT DRIVE
Parking & Garage Information
Parking Type: Frame Garage
Garage/Parking Sq. Ft: 300
Garage / Carport Type: Frame
Lot Information
# of Buildings: 1
Land Sq. Ft: 20,000
Legal Lot Number: 140
Municipality Name: MEMPHIS
Acres: 0.4591
Depth Footage: 200
Front Footage: 100
Zoning Code: R-10
County Use Description: SINGLE FAMILY
Financial
Assessor Information
Assessment Year: 2026
Public facts
Beds: 3
Baths: 1.0
Sq. Ft.: 1,198
Stories: 1.0
Lot Size: 0.46 acres
Style: Single Family Residential
Year Built: 1952
Year Renovated: —
County: Shelby County
APN: 070037 00007
Home facts updated by county records on Jul 13, 2026
Around this home
Schools
Whitney Elementary
Public PreK-5 • Assigned • 0.6mi
5/10
Grandview Heights Middle
Public 6-8 • Assigned • 1.5mi
4/10
Trezevant High School
Public 9-12 • Assigned • 2.1mi
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
3/10 Air Factor
3 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Memphis, TN • 38127
Average low and high temperatures (°F)
46
29
56
37
70
50
76
58
78
62
87
71
92
76
90
69
87
66
77
55
65
48
53
38
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
$75,000 – $91,000
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