$65,000

Estimated payment $383/month

2 Beds
1 Bath
875 Sq Ft
$74 Price per Sq Ft

Highlights

  • 0.34 Acre Lot
  • No HOA
  • Accessible Doors
  • Wood Flooring
  • Cooling Available
  • Central Heating

About This Home

Turnkey opportunity at 1509 Ragan St, Memphis, TN 38106 — ideal for first-time buyers or investors. Move-in ready coming in with extremely low maintenance, offering instant comfort or rental income potential. Located in the growing 38106 area with easy access to downtown, major highways, and amenities. Enjoy affordable living, strong rental demand, and great cash flow potential. Perfect for anyone seeking a ready-to-go home or investment property.

Listing Agent

Daniel Demers

Sell Your Home Services, LLC Brokerage Phone: 8882193009 License #358681 Listed on: 11/06/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $497

Year Built

  • Built in 1952

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 50x115

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 875 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Partial Basement

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Schools

  • Hamilton Elementary School
  • Hamilton Middle School
  • Hamilton High School

Utilities

  • Cooling Available
  • Central Heating

Additional Features

  • Accessible Doors
  • Energy-Efficient Thermostat

Community Details

  • No Home Owners Association
  • South Parkway Willett Subdivision

Listing and Financial Details

  • Assessor Parcel Number 048031 00011

Home Details

Home Type

Single Family

Est. Annual Taxes

$497

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1952
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Existing
  • Special Features: None
  • Stories: 1

Interior Features

  • Accessibility Features: Accessible Doors
  • Appliances: None
  • Flooring: Wood, Tile
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Has Basement: Partial
  • Above Grade Finished Sq Ft: 875
  • Building Area Units: Square Feet
  • Living Area: 875
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Vinyl Siding
  • Foundation Details: Other
  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Garage Yn: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Green Features

  • Efficiency: Thermostat

Lot Info

  • Lot Size Acres: 0.34
  • Lot Size: 50X115
  • Lot Size Units: Acres
  • Parcel #: 048031 00011
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 497

MLS Schools

  • Elementary School: Hamilton Elementary
  • High School: Hamilton High
  • Middle Or Junior School: Hamilton Middle School

Map

Range of Values:

Collateral Analytics

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $256 $11,050 $2,550 $8,500
2024 $256 $7,550 $1,950 $5,600
2023 $460 $7,550 $1,950 $5,600
2022 $460 $7,550 $1,950 $5,600
2021 $465 $7,550 $1,950 $5,600
2020 $545 $7,525 $1,950 $5,575
2019 $545 $7,525 $1,950 $5,575
2018 $545 $7,525 $1,950 $5,575
2017 $309 $7,525 $1,950 $5,575
2016 $342 $7,825 $0 $0
2014 $342 $7,825 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2025 11/06/25 For Sale $65,000 -- $74 / Sq Ft
Source: Realtracs

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Source: Public Records

Source: Realtracs

MLS Number: 3041571

Realtracs

APN: 04-8031-0-0011