2040 Fite Rd is a 3,037 square foot house on a 43.33 acre lot with 4 bedrooms and 2 bathrooms. - it last sold on March 24, 1986 for $52,500. Based on Redfin's Memphis data, we estimate the home's value is $517,554.
Single-familyProperty Type
1986Year Built
43.33 acresLot Size
$170Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$517,554
$465K since sold in March 1986$8,000 since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 58% higher than the average sale price ($327K) of 5 comparable homes.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
CA
Conservation Agriculture District
The CA District is intended to conserve agricultural land and undeveloped natural amenities while preventing the encroachment of incompatible land uses on farm land and other undeveloped areas. The types, area and intensity of land uses in this district are designed to encourage and protect agricultural uses and the conservation of undeveloped areas.
Permitted uses
Include but are not limited to:
Equestrian facility
Religious facility
Housing-Senior
Infrastructure
Educational/school
Fire house
Police station
Recreation
Housing-Mobile home park
Park & open space
Property details
Interior
Basement Information
Basement Type: Crawl-Space
Bathroom Information
# of Full Baths: 2
Heating & Cooling
Air Conditioning Type: Central and Unit
Heating Type: Central
Fireplace Information
# of Fireplaces: 1
Fireplace Type: 1 Opening
Has Fireplace
Room Information
# of Rooms: 5
Exterior
Exterior Information
Physical Condition: Average
Building Style Type: Traditional
Exterior Wall: Log
Roof Covering Type: Composition Shingle
Roof Shape Type: Gable
Property Information
Subdivision Name: RAMSEY ESTATE
Living Sq. Ft: 3,037
Ground Floor Sq. Ft: 1,375
Building Sq. Ft: 3,037
# of Stories: 1
Stories Type: 1
Legal Description: N-MITCHELL S FITE RD E LITTLETON W RAINES
Parking & Garage Information
Parking Type: Detached Frame Garage
Garage/Parking Sq. Ft: 1,200
Garage / Carport Type: Detached Frame
Lot Information
# of Buildings: 1
Land Sq. Ft: 1,887,455
Legal Lot Number: 7
Municipality Name: SHELBY COUNTY
Acres: 43.33
Zoning Code: CA
County Use Description: SINGLE FAMILY
Utility Information
Utility Type: Gas Available
Financial
Assessor Information
Assessment Year: 2026
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 3,037
Stories: 1.0
Lot Size: 43.33 acres
Style: Single Family Residential
Year Built: 1986
Year Renovated: —
County: Shelby County
APN: D0135 00014
Home facts updated by county records on Jun 16, 2026
Around this home
Schools
E. E. Jeter Elementary School
Public PreK-8 • Assigned • 4.0mi
5/10
Trezevant High School
Public 9-12 • Assigned • 4.6mi
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
6/10 Heat Factor
7 days above 110° expected this year, 21 days in 30 years
4/10 Wind Factor
14% 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 • 38127
Average low and high temperatures (°F)
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29
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37
70
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76
58
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92
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85
66
77
55
65
48
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38
Jan
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Jun
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Sun exposure
In this area, properties receive around 10.5 hours in
June and 4.7 hours in December, placing it above the
U.S. average for solar exposure.
10.5 hrs
4.7 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$492,000 – $596,000
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