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Single Family ResidenceResidential
$34,500$27 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 82How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026
Last sold for $35,000 on Dec 6, 2021

1509 PRESTON ST

MEMPHIS, TN 38106
3
Beds
1
Baths
1,296 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.17 ac
Lot SizeThe size of the land the home sits on, from county records.
1917
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
6
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$35K
$28K low$41K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$35,000 · Dec 6, 2021

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$282 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$10,500 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$1,500
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$9,000
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$7,325
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$42,000

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.15
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
33
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
43
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Traditional/Old
CountySHELBY
Lot (acres)The size of the land the home sits on, from county records.0.17
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.No Foundation
RoofThe main material covering the roof, such as asphalt shingle or tile.Composition Shingle
HeatingThe type of heating system in the home.Yes
CoolingThe type of cooling or air conditioning in the home.Window A/C
FireplaceWhether the home has a fireplace, and what kind.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Porch · 175 ft²

Transaction History(11)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
A. B. Hill Elementary SchoolD+
Elementary · Grades PK–5 · 0.3 mi
M
Riverview SchoolB-
Middle · Grades PK–8 · 1.3 mi
H
Hamilton High SchoolD+
High · Grades 9–12 · 1.9 mi

District: Memphis-Shelby County Schools

Neighborhood · ZIP 38106These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.161
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.141
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.277

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.85%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.10%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.35%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.9%
PopulationHow many people live in this area.21,583
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.2,124 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$35,704
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$47,770
Average tempThe average temperature here across a full year.61°F
Annual precipHow much rain and melted snow falls here in a typical year.54 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.64%

Owner Tools

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

1509 Preston St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Among the least valuable homes in Shelby County
  • Among the lowest price per square foot in Shelby County
  • Smaller than 73% of homes in Shelby County
  • Has a smaller lot than 78% of homes in Shelby County
  • Older than 98% of homes in Shelby County

What homes are worth in Memphis 38106

Each bar is how many homes fall in that price range. The marker is this home.

This home
$25K$147K

This home is worth more than 6% of homes in Memphis 38106.

How it measures up in Memphis 38106

The dot is this home. The mark in the middle is the typical home in Memphis 38106.

Estimated value$34,500
CheaperTypical $71,823Pricier

Pricier than 6% of homes nearby

Price per ft²$27
CheaperTypical $58Pricier

Pricier than 6% of homes nearby

Living area1,296 ft²
SmallerTypical 1,218 ft²Bigger

Bigger than 58% of homes nearby

Lot size0.17 ac
SmallerTypical 0.17 acBigger

Bigger than 50% of homes nearby

Year built1917
OlderTypical 1949Newer

Newer than 8% of homes nearby

How 1509 Preston St ranks against every home in each area.
MeasureThis homeMemphis 38106Shelby County
Estimated valuepricier than$34,5006% of homesalmost no homes
Price per ft²pricier than$276% of homesalmost no homes
Living areabigger than1,296 ft²58% of homes27% of homes
Lot sizebigger than0.17 ac50% of homes22% of homes
Year builtnewer than19178% of homes2% of homes

About 1509 Preston St

How much is 1509 Preston St, Memphis, TN worth?

The TopHap Estimate for 1509 Preston St, Memphis, TN is $34,500 as of Aug 30, 2026. The likely range is $28,128 to $40,872. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 1509 Preston St, Memphis, TN last sell?

1509 Preston St, Memphis, TN last sold on Dec 6, 2021 for $35,000, according to the county's recorded deed. TopHap holds 9 recorded sales for this parcel.

How big is 1509 Preston St, Memphis, TN?

1509 Preston St, Memphis, TN has 3 bedrooms, 1 bathrooms, 1,296 square feet of living space and a 0.17-acre lot.

When was 1509 Preston St, Memphis, TN built?

1509 Preston St, Memphis, TN was built in 1917, making it 109 years old. It is a traditional/old home. The building has 1 story.

What schools serve 1509 Preston St, Memphis, TN?

1509 Preston St, Memphis, TN is assigned to A. B. Hill Elementary School (elementary), rated D+; Riverview School (middle), rated B-; Hamilton High School (high), rated D+. All sit in Memphis-Shelby County Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 1509 Preston St, Memphis, TN compare to other homes in Memphis 38106?

Among the 8,827 homes in Memphis 38106, it is worth more than 6% of them ($34,500 against a typical $71,823), its price per square foot is higher than 6% of them ($27 against a typical $58), it is bigger than 58% of them (1,296 ft² against a typical 1,218 ft²), its lot is bigger than 50% of them (0.17 ac against a typical 0.17 ac) and it is newer than 8% of them (1917 against a typical 1949). Measured against all of Shelby County, it is worth more than almost no homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 1509 Preston St, Memphis, TN?

The 2025 property tax bill for 1509 Preston St, Memphis, TN was $282. The county assessed it at $10,500.

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