983 Colgate Rd is a 1,512 square foot house on a 0.46 acre lot with 2 bedrooms and 1 bathroom. - it last sold on March 15, 1994 for $41,000. Based on Redfin's Memphis data, we estimate the home's value is $91,926.
Single-familyProperty Type
1954Year Built
0.46 acresLot Size
$61Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$91,926
$51K since sold in March 1994$2,000 since July
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 13.5% higher than the average sale price ($81K) of 6 comparable homes.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
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
Property details
Interior
Basement Information
Basement Type: Crawl-Space
Bathroom Information
# of Full Baths: 1
Heating & Cooling
Heating Fuel Type: Gas
Heating Type: Central
Fireplace Information
# of Fireplaces: 1
Fireplace Type: 1 Opening
Has Fireplace
Room Information
# of Rooms: 5
Exterior
Exterior Information
Physical Condition: Fair
Building Style Type: Ranch
Exterior Wall: Frame
Roof Covering Type: Composition Shingle
Roof Shape Type: Gable
Property Information
Subdivision Name: PROSPECT PARK
Living Sq. Ft: 1,512
Ground Floor Sq. Ft: 1,512
Building Sq. Ft: 1,512
# of Stories: 1
Stories Type: 1
Parking & Garage Information
Parking Type: Carport
Garage/Parking Sq. Ft: 200
Garage / Carport Type: Carport
Lot Information
# of Buildings: 1
Land Sq. Ft: 19,972
Legal Lot Number: 42
Municipality Name: MEMPHIS
Acres: 0.4585
Depth Footage: 249
Front Footage: 80
Zoning Code: R-6
County Use Description: SINGLE FAMILY
Financial
Assessor Information
Assessment Year: 2026
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 1,512
Stories: 1.0
Lot Size: 0.46 acres
Style: Single Family Residential
Year Built: 1954
Year Renovated: —
County: Shelby County
APN: 060026 00003
Home facts updated by county records on Jul 13, 2026
Around this home
Schools
A B Hill Elementary School
Public PreK-5 • Assigned • 2.5mi
3/10
Riverview Middle School
Public PreK-8 • Assigned • 2.6mi
6/10
Hamilton High School
Public 9-12 • Assigned • 1.7mi
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
6 days above 109° expected this year, 19 days in 30 years
4/10 Wind Factor
18% 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
90
72
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
$88,000 – $106,000
Sell confidently with a local market expert in Memphis. 3 minutes to get started.