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CondominiumResidential
$314,868$185 / 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 93How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $314,500 on Sep 9, 2020

401 PATTERSON ST

MEMPHIS, TN 38111
2
Beds
2.5
Baths
1,700 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.
842 ft²
Lot SizeThe size of the land the home sits on, from county records.
2005
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

$315K
$294K low$336K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$314,500 · Sep 9, 2020

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,135 (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.$79,375 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$4,200
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$75,175
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$317,500

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.10
50
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
1
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
1
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.14 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
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.Condominium
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.0.02
HeatingThe type of heating system in the home.Central
CoolingThe type of cooling or air conditioning in the home.Central
FireplaceWhether the home has a fireplace, and what kind.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(1)

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.

M
Booker T. Washington High SchoolD
Middle · Grades 6–12 · 1.0 mi
E
Downtown Elementary SchoolD-
Elementary · Grades PK–5 · 1.1 mi

District: Memphis-Shelby County Schools

Neighborhood · ZIP 38111These 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.128
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.117
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.254

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.88%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.21%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.21%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.2%
PopulationHow many people live in this area.38,924
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.4,018 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$63,467
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$86,491
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%

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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

401 Patterson 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.

  • Worth more than 84% of homes in Memphis 38111
  • Costs more per square foot than 92% of homes in Shelby County
  • Bigger than 71% of homes in Downtown
  • Among the smallest lots in Memphis 38111
  • Newer than 98% of homes in Memphis 38111

What homes are worth in Memphis 38111

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

This home
$50K$1M

This home is worth more than 84% of homes in Memphis 38111.

How it measures up in Memphis 38111

The dot is this home. The mark in the middle is the typical home in Memphis 38111.

Estimated value$314,868
CheaperTypical $123,342Pricier

Pricier than 84% of homes nearby

Price per ft²$185
CheaperTypical $97Pricier

Pricier than 90% of homes nearby

Living area1,700 ft²
SmallerTypical 1,338 ft²Bigger

Bigger than 70% of homes nearby

Lot size842 ft²
SmallerTypical 0.21 acBigger

Smaller than almost all homes nearby

Year built2005
OlderTypical 1950Newer

Newer than 98% of homes nearby

How 401 Patterson St ranks against every home in each area.
MeasureThis homeDowntownMemphis 38111Shelby County
Estimated valuepricier than$314,86871% of homes84% of homes71% of homes
Price per ft²pricier than$18554% of homes90% of homes92% of homes
Living areabigger than1,700 ft²71% of homes70% of homes50% of homes
Lot sizebigger than842 ft²28% of homesalmost no homesalmost no homes
Year builtnewer than200572% of homes98% of homes92% of homes

About 401 Patterson St

How much is 401 Patterson St, Memphis, TN worth?

The TopHap Estimate for 401 Patterson St, Memphis, TN is $314,868 as of Sep 24, 2026. The likely range is $294,104 to $335,632. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 401 Patterson St, Memphis, TN last sell?

401 Patterson St, Memphis, TN last sold on Sep 9, 2020 for $314,500, according to the county's recorded deed.

How big is 401 Patterson St, Memphis, TN?

401 Patterson St, Memphis, TN has 2 bedrooms, 2.5 bathrooms, 1,700 square feet of living space and a 0.02-acre lot.

When was 401 Patterson St, Memphis, TN built?

401 Patterson St, Memphis, TN was built in 2005, making it 21 years old. It is a traditional/old home. The building has 1 story.

What schools serve 401 Patterson St, Memphis, TN?

401 Patterson St, Memphis, TN is assigned to Booker T. Washington High School (middle), rated D; Downtown Elementary School (elementary), rated D-. All sit in Memphis-Shelby County Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 401 Patterson St, Memphis, TN compare to other homes in Memphis 38111?

Among the 14,332 homes in Memphis 38111, it is worth more than 84% of them ($314,868 against a typical $123,342), its price per square foot is higher than 90% of them ($185 against a typical $97), it is bigger than 70% of them (1,700 ft² against a typical 1,338 ft²), its lot is bigger than almost none of them (842 ft² against a typical 0.21 ac) and it is newer than 98% of them (2005 against a typical 1950). Measured against all of Shelby County, it is worth more than 71% of 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 401 Patterson St, Memphis, TN?

The 2025 property tax bill for 401 Patterson St, Memphis, TN was $2,135. The county assessed it at $79,375.

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