Potential investment property in Colonial Acres! Tenant occupied. Do not disturb. Drive by showings only. No sign in yard. Showings and inspection contingent upon written and accepted offers only. "As is" sale.
Single-familyProperty Type
1953Year Built
9,583 sq ftLot Size
$147Est. Price/Sq.Ft.
1 spaceParking
Listed by Karen Newton• Coldwell Banker Collins-Maury
Memphis Area Association of Realtors(R) MLS #10118300
Mar 25, 2022
Sold
$145,000
$145/sq ft
Feb 25, 2022
Listed
$145,000
$145/sq ft
Memphis Area Association of Realtors(R) MLS #10013629
Nov 30, 2017
Sold
$62,900
$63/sq ft
Oct 16, 2017
Listed
$64,900
$65/sq ft
POTENTIAL INVESTMENT PROPERTY! DO NOT DISTURB TENANT. DRIVE BY SHOWING ONLY. SHOWINGS AND INSPECTIONS CONTINGENT UPON WRITTEN AND ACCEPTED OFFERS ONLY.
Public Records
Oct 29, 2013
Sold
$64,000
$64/sq ft
Memphis Area Association of Realtors(R) MLS #9916720
Mar 31, 2000
Sold
$64,400
$64/sq ft
Aug 28, 1999
Listed
$64,400
$64/sq ft
IDEAL LOCATION . .SPACIOUS CORNER LOT WITH MATURE TREES. .QUIET NEIGHBORHOOD HOME SHOWS GREAT. .LOOK NO MORE. .I HAVE FOUND IT. .NICE ROOM SIZES. .SHOW AND SELL TODAY. .. THANKS . .THANKS. .THANKS. .HURRRY. .HURRRY. .WONT LAST LONG. .
Public Records
Jul 19, 1996
Sold
$54,500
$55/sq ft
Public Records
Jun 10, 1965
Sold
$12,400
$12/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,903 (+5.5%)
$7,200 + $28,900
$36,100
2024
$1,804 (+8.1%)
$7,200 + $28,900
$36,100
2023
$1,669
$3,975 + $23,425
$27,400
2022
$1,669 (−1.2%)
$3,975 + $23,425
$27,400
2021
$1,689 (+46.8%)
$3,975 + $23,425
$27,400
2020
$1,150
$3,975 + $23,425
$27,400
2019
$1,150
$3,975 + $11,900
$15,875
2018
$1,150 (+138.7%)
$3,975 + $11,900
$15,875
2017
$482 (−25.6%)
$3,975 + $11,900
$15,875
2016
$648
$3,975 + $7,750
$11,725
2014
$648
$5,075 + $9,775
$14,850
Tax history for 1587 S Perkins Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,903 (+5.5%)
$7,200 + $28,900
$36,100
2024
$1,804 (+8.1%)
$7,200 + $28,900
$36,100
2023
$1,669
$3,975 + $23,425
$27,400
2022
$1,669 (−1.2%)
$3,975 + $23,425
$27,400
2021
$1,689 (+46.8%)
$3,975 + $23,425
$27,400
2020
$1,150
$3,975 + $23,425
$27,400
2019
$1,150
$3,975 + $11,900
$15,875
2018
$1,150 (+138.7%)
$3,975 + $11,900
$15,875
2017
$482 (−25.6%)
$3,975 + $11,900
$15,875
2016
$648
$3,975 + $7,750
$11,725
2014
$648
$5,075 + $9,775
$14,850
*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
Permits
Beds
3
Baths
1
Stories
1
Lot width
90 ft.
Lot depth
107 ft.
Lot size
9,630 Sq. Ft.
Year renovated
1975
Sq. Ft.
1,082
Year built
1953
Style
Single Family Residential
County
Shelby County
APN
066037 00015
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 14, 2026.
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
Sep 29, 2025 • Final
Residential mechanical
Replace the heating and air conditioning system.
HVAC
Sep 18, 2025 • Final
Residential electrical
Reconnect a condenser unit.
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
Parking
Parking Information
# of Covered Parking Spaces: 1
Carport/Garage: Carport
Parking/Storage: Driveway/Pad
Interior
Bedroom Information
# of Bedrooms (Lower): 3
# of Bedrooms: 3
# of Bedrooms: 3
# of Bedrooms Down: 3
Master Bedroom Dimensions:
Master Bedroom Dimensions:
Primary Bedroom: Level 1
Bedroom 2 Description: Level 1
Bedroom 3 Description: Level 1
Bathroom Information
# of Baths (Full): 1
# of Bathrooms (Full): 1
Interior Features
# of Rooms: 6
# of Stories: 1
1st Story Floor Plan: Other (See Remarks)
Miscellaneous Interior: Other (See Remarks)
Interior Equipment: Other (See Remarks)
Floors/Ceilings: Other (See Remarks)
Room Information
Living Room Dimensions:
Dining Room Dimensions:
Den/Great Room Dimensions:
Dining Room Dimensions: 0x0
Living Room Dimensions: 0x0
Living/Dining/Kitchen: Other (See Remarks)
Den/Great Room Dimensions: 0x0
Other Rooms: Other (See Remarks)
Additional Bedroom/Bathroom Info: All Bedrooms Down, Other (See Remarks)
Exterior
Exterior Features
Pool Description: None
Miscellaneous Exterior: Other (See Remarks)
Exterior/Windows: Brick Veneer, Wood/Composition
Foundation: Other (See Remarks)
Roof: Other (See Remarks)
Land Information
Acreage: 0.22
Lot Information
Parcel ID: 066037 00015
Lot #: 58
Lot Size: 90X107
Lot Description: Some Trees, Level
Area: 759E
Property Information
Detached Single Family
Style: Traditional
Property Construction Status: Existing Property
Approx Heated Sq. Ft. Range: 1000-1199
Year Built: 1953
Financial
Tax Information
Annual City Tax: $507
Annual County Tax: $643
Financing
Buyer Contributions: 0
Utilities
Utility Information
Water & Sewer: Other (See Remarks)
Heating: Other (See Remarks)
Cooling: Other (See Remarks)
Location
Multi-Unit Information
Detached Unit Type: General Residential
Homeowners Association Information
Security: Other (See Remarks)
Location Details
Directions: Going west on I240, take Exit 18 for S Perkins Rd N. The house is on the left at the corner of Helene and S. Perkins.
MAAR Subdivision Name: COLONIAL ACRES
Public facts
Beds: 3
Baths: 1.0
Sq. Ft.: 1,082
Stories: 1.0
Lot Size: 9,630 square feet
Style: Single Family Residential
Year Built: 1953
Year Renovated: 1975
County: Shelby County
APN: 066037 00015
Home facts updated by county records on Jul 13, 2026
Around this home
Schools
Willow Oaks Elementary School
Public PreK-5 • Assigned • 0.5mi
6/10
Colonial Middle School
Public 6-8 • Assigned • 0.6mi
6/10
Overton 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 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
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
92
77
90
71
88
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
$140,000 – $170,000
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