NOT LISTED FOR SALE

4501 Verne Rd Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $162,000 - $183,000

2 Beds
1 Bath
1,200-1,399 Sq Ft
$123/Sq Ft Est. Value

Last Sold October 13, 2016

Last sale price $82,450 $59 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $1,033/month

32 Days on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • Built-in Bookshelves
  • Wood Flooring
  • Eat-In Kitchen
  • Patio

About This Home

As of October 2016

This House is perfect for downsizing or first time home buyers, it's exterior and interior has been freshly painted. There has been a lot of TLC done on this 2BR,1BA. There's new Heating and Air, the compressor is new. The nice Patio has a very large Storage building in back and another storage Rm in back corner. Also new plumbing in front of the house, under a new driveway. A Den off the kitchen with a washer and dryer closet.

Last Agent to Sell the Property

Toni Martello

Crye-Leike, Inc., REALTORS License #231047 Listed on: 08/01/2016

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Jessica Brown

REMAX Experts License #289132

REMAX Experts

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,139

Year Built

  • Built in 1958

Lot Details

  • 0.25 Acre Lot
  • Corner Lot
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,147 Sq Ft Home
  • 1-Story Property
  • Built-in Bookshelves
  • Combination Dining and Living Room
  • Storage Room
  • Wood Flooring
  • Pull Down Stairs to Attic
  • Iron Doors

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Washer and Dryer Hookup

Parking

  • 1 Parking Space
  • Driveway

Outdoor Features

  • Patio
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System

Community Details

  • Parkside Manor First Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 066028 00001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,139

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 759A
  • MAAR Subdivision Name: COLONIAL ACRES
  • List Price Per Sq Ft: 77
  • Number Of Stories: 1
  • Price Per Sq Ft: 71.88
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1147
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 1, Hardwood Floor
  • Bedroom 3 Description: Level 1, Hardwood Floor
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Dishwasher, Microwave, Refrigerator
  • Living Dining Kitchen: LR/DR Combination, Eat-In Kitchen, Pantry, Island In Kitchen, Washer/Dryer Connections
  • Misc Interior: Pull Down Attic Stairs
  • Other Rooms: Laundry Closet, Storage Room
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Level 1, Built-In Cabinets/Bkcases, Hardwood Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Storage Building, Patio
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Iron Door(s)
  • Water Sewer: Public Water

Lot Info

  • Lot Description: Some Trees, Level, Corner
  • Lot Number: 382
  • Acreage: 0.25
  • Lot Size: 382
  • Price Per Acre: 352000

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 066028 00001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2016
Closed on
Oct 13, 2016
Sold by
Kiersey Brain L
Bought by
Walker Candace Hope
Seller's Agent
Toni Martello
Crye-Leike, Inc., REALTORS
Buyer's Agent
Jessica Brown
REMAX Experts
List Price
$88,000
Sold Price
$82,450
Premium/Discount to List
-$5,550
-6.31%
Current Estimated Value
$172,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,085
Avg. Annual Appreciation
8.67%
Original Mortgage
$78,327
Outstanding Balance
$63,465
Interest Rate
3.46%
Mortgage Type
New Conventional
Estimated Equity
$109,060

Purchase Details

Closed on
Aug 22, 2003
Sold by
Leard Wayne E and Leard Marlene D
Bought by
Kiersey Brian L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,923
Interest Rate
6.28%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Walker Candace Hope $2,450 None Available
Kiersey Brian L $73,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walker Candace Hope $30,000
Open Walker Candace Hope $78,327
Previous Owner Kiersey Brian L $72,923
Previous Owner Leard Wayne E $63,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2016 10/13/16 Sold $82,450 -6.3% $69 / Sq Ft
09/02/2016 09/02/16 Pending -- -- --
08/01/2016 08/01/16 For Sale $88,000 -- $73 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

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 $1,139 $37,925 $9,575 $28,350
2024 $1,139 $33,600 $6,650 $26,950
2023 $2,047 $33,600 $6,650 $26,950
2022 $2,047 $33,600 $6,650 $26,950
2021 $2,071 $33,600 $6,650 $26,950
2020 $1,482 $20,450 $6,650 $13,800
2019 $1,482 $20,450 $6,650 $13,800
2018 $1,482 $20,450 $6,650 $13,800
2017 $841 $20,450 $6,650 $13,800
2016 $878 $20,100 $0 $0
2014 $878 $20,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2016

    Toni Martello

    Crye-Leike

    (901) 383-3137

    1 in this area

    6 Total Sales

    Toni Martello
    Section Image
  • Jessica Brown

    Buyer's Agent in 2016

    Jessica Brown

    RE/MAX

    (901) 210-3474

    14 in this area

    377 Total Sales

    Jessica Brown
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9983431

Memphis Area Association of REALTORS®

APN: 06-6028-0-0001

Tennessee Shelby County Memphis 38117 Colonial Acres

4501 Verne Rd, Memphis, TN

This home is located at 4501 Verne Rd, Memphis, TN 38117 since 01 August 2016 and is currently estimated at $172,535, approximately $123 per square foot. This property was built in 1958. 4501 Verne Rd is a home located in Shelby County with nearby schools including Sherwood Elementary School, Colonial Middle, and Overton High.

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