This home is a Real Estate Owned (REO)/Post Foreclosure. Once a lender has foreclosed on a property it is soon put up for public auction. If bids fall short of the asking price the bank will buy back the home and attempt to sell it on the open market. However, lenders are not real estate agents, meaning that they will often accept offers 30 to 60 percent less than market value!
Sold for $25,000 on 08/30/24
Street View
$25,000
1499 Ragan St, Memphis, TN 38106
3beds
1baths
962sqft
SingleFamily
Built in 1957
5,749 Square Feet Lot
$119,800 Zestimate®
$26/sqft
$1,015 Estimated rent
Home value
$119,800
$114,000 - $126,000
$1,015/mo
Zestimate® history
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Owner options
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What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
Heating
- Other
Cooling
- Central
Features
- Basement: None
- Has fireplace: Yes
Interior area
- Total interior livable area: 962 sqft
Property
Parking
- Parking features: Carport
Features
- Exterior features: Brick
Lot
- Size: 5,749 sqft
Details
- Parcel number: 04803100009
Construction
Type & style
- Home type: SingleFamily
Materials
- masonry
- Roof: Composition
Condition
- Year built: 1957
Community & neighborhood
Location
- Region: Memphis
Price history
| Date | Event | Price |
|---|---|---|
| 10/4/2025 | Listing removed | $125,000$130/sqft |
Source:  MAAR #10204770 Report a problem | ||
| 9/2/2025 | Listed for sale | $125,000$130/sqft |
Source: MAAR #10204770 Report a problem | ||
| 8/1/2025 | Listing removed | $125,000$130/sqft |
Source: MAAR #10185932 Report a problem | ||
| 6/10/2025 | Price change | $125,000-1.6%$130/sqft |
Source: MAAR #10185932 Report a problem | ||
| 3/10/2025 | Price change | $127,000-1.6%$132/sqft |
Source: MAAR #10185932 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $560 +8.1% | $8,500 |
| 2023 | $518 | $8,500 |
| 2022 | -- | $8,500 |
Find assessor info on the county website
Neighborhood: Midtown
Nearby schools
GreatSchools rating
- NAHamilton Elementary SchoolGrades: PK-5Distance: 0.4 mi
- NAHamilton Middle SchoolGrades: 6-9Distance: 0.4 mi
- 3/10Hamilton High SchoolGrades: 9-12Distance: 0.5 mi