NOT LISTED FOR SALE

4550 Verne Rd Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $206,000 - $230,000

3 Beds
2 Baths
1,200-1,399 Sq Ft
$159/Sq Ft Est. Value

Sale Details

Date Sold: January 13, 2025

Last sale price $208,500 $149 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,328 / mo

120 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Den
  • Attic
  • Great Room
  • Porch

About This Home

As of January 2025

3 BEDS - 2 FULL BATHS - 2 CAR GARAGE!! Seller is Motivated! Newly Renovated and Move-In Ready! Perfectly situated on a Large Corner Lot in a Prime Location. Beautiful Hardwood Throughout with New LVP Flooring in Kitchen and Dining. Brand New Gas Range Cooking and TONS of Cabinet Space! New Roof 2020, HVAC 2017, Water Heater 2017. Huge 2 Car Garage with Separate Laundry Area & Plenty of Room for Storage. Fully Fenced Backyard with Storage Shed. Easy Access to i240 & Downtown Memphis!

Last Agent to Sell the Property

LEAH NEWTON

Main Street, REALTORS License #375440 Listed on: 08/08/2024

Last Buyer's Agent

Terryn Offiong

TOP Realtors & Associates LLC License #351418

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 100x100
  • Wood Fence
  • Landscaped
  • Corner Lot
  • Level Lot

Home Design

  • Brick Veneer
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,295 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Double Pane Windows
  • Aluminum Window Frames
  • Great Room
  • Dining Room
  • Den
  • Pull Down Stairs to Attic

Kitchen

  • Oven or Range
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Patio
  • Outdoor Storage
  • Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Parkside Manor First Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 066030 00028

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Ranch
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: COLONIAL ACRES
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1295
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Laundry Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 1, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 1, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Hardwood Throughout, Tile, Vinyl/Luxury Vinyl Floor, Smooth Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Gas Cooking, Disposal, Dishwasher, Microwave, Refrigerator, Cable Available
  • Living Dining Kitchen: Separate Dining Room, Great Room, Washer/Dryer Connections
  • Misc Interior: Pull Down Attic Stairs, Security System, Smoke Detector(s)
  • Other Rooms: Laundry Closet, Attic
  • Primary Bathroom Description: Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Storage Building, Porch, Patio, Well Landscaped Grounds, Wood Fence, Sidewalks
  • Exterior Windows: Brick Veneer, Aluminum Window(s), Double Pane Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Driveway/Pad, Garage Door Opener(s), Side-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central, Gas
  • Security: Smoke Detector(s), Dead Bolt Lock(s)
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Level, Corner, Landscaped, Wood Fenced
  • Lot Number: 273
  • Acreage: 0.22
  • Lot Size: 100X100
  • Geo Subdivision: TN

Tax Info

  • Assessor Parcel Number: 066030 00028

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2024
Closed on
Jan 8, 2025
Sold by
Bought by
Seller's Agent
LEAH NEWTON
Main Street, REALTORS
Buyer's Agent
Terryn Offiong
TOP Realtors & Associates LLC
List Price
$249,900
Sold Price
$208,500
Premium/Discount to List
-$41,400
-16.57%
Views
65
Current Estimated Value
$221,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,250
Avg. Annual Appreciation
4.31%
Original Mortgage
$6,000
Outstanding Balance
$4,497
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$217,253

Purchase Details

Listed on
Aug 14, 2020
Closed on
Aug 27, 2020
Sold by
Bought by
List Price
$199,900
Sold Price
$189,000
Premium/Discount to List
-$10,900
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.27%
Original Mortgage
$185,576
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 9, 2018
Closed on
Mar 25, 2018
Sold by
Bought by
Seller's Agent
Jeanette Lin
Pinnacle Realty
Buyer's Agent
Michael Jones
BHHS Taliesyn Realty
List Price
$149,900
Sold Price
$144,900
Premium/Discount to List
-$5,000
-3.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.02%
Original Mortgage
$137,655
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2007
Sold by
Bought by

Purchase Details

Closed on
Jun 1, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,600
Interest Rate
8.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 16, 2006
Sold by
Bought by

Purchase Details

Closed on
Jun 29, 1995
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$208,500 Erickson Title & Closing
$189,000 Erickson Title & Closing Llc
$144,900 None Available
$82,000 None Available
$82,000 Resource Title Agency Of Tn
$109,250 None Available
$61,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $6,000
Open $204,723
Previous Owner $185,576
Previous Owner $137,655
Previous Owner $65,600
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/13/2025 01/13/25 Sold $208,500 -3.0% $174 / Sq Ft
12/06/2024 12/06/24 Pending -- -- --
11/19/2024 11/19/24 Price Changed $214,900 -4.2% $179 / Sq Ft
11/12/2024 11/12/24 Price Changed $224,400 -0.2% $187 / Sq Ft
09/24/2024 09/24/24 Price Changed $224,900 -4.3% $187 / Sq Ft
09/22/2024 09/22/24 Price Changed $234,900 -2.1% $196 / Sq Ft
09/16/2024 09/16/24 Price Changed $239,900 -2.0% $200 / Sq Ft
09/05/2024 09/05/24 Price Changed $244,900 -2.0% $204 / Sq Ft
08/08/2024 08/08/24 For Sale $249,900 +32.2% $208 / Sq Ft
08/27/2020 08/27/20 Sold $189,000 -5.5% $149 / Sq Ft View Prior Sale
08/14/2020 08/14/20 For Sale $199,900 +38.0% $157 / Sq Ft
07/17/2020 07/17/20 Pending -- -- --
04/25/2018 04/25/18 Sold $144,900 -3.3% $121 / Sq Ft View Prior Sale
04/02/2018 04/02/18 Pending -- -- --
03/09/2018 03/09/18 For Sale $149,900 -- $125 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,557 $57,875 $9,575 $48,300
2024 $1,665 $49,125 $6,650 $42,475
2023 $2,993 $49,125 $6,650 $42,475
2022 $2,993 $49,125 $6,650 $42,475
2021 $1,695 $49,125 $6,650 $42,475
2020 $2,482 $34,250 $6,650 $27,600
2019 $1,095 $34,250 $6,650 $27,600
2018 $770 $24,100 $6,650 $17,450
2017 $788 $24,100 $6,650 $17,450
2016 $969 $22,175 $0 $0
2014 $969 $22,175 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2025

    LEAH NEWTON

    Main Street, REALTORS

    (662) 570-1051

    1 in this area

    30 Total Sales

    LEAH NEWTON
    Section Image
  • Terryn Offiong

    Buyer's Agent in 2025

    Terryn Offiong

    TOP Realtors & Associates LLC

    (901) 930-3418

    1 in this area

    64 Total Sales

    Terryn Offiong
    Section Image
  • Jeanette Lin

    Seller's Agent in 2018

    Jeanette Lin

    Pinnacle Realty

    (901) 335-7447

    224 Total Sales

    Jeanette Lin
    Section Image
  • Rebecca Lin

    Seller Co-Listing Agent in 2018

    Rebecca Lin

    Pinnacle Realty

    (901) 335-4242

    6 in this area

    24 Total Sales

    Rebecca Lin
    Section Image
  • Michael Jones

    Buyer's Agent in 2018

    Michael Jones

    BHHS Taliesyn Realty

    (901) 239-2763

    2 in this area

    116 Total Sales

    Michael Jones
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10178768

Memphis Area Association of REALTORS®

APN: 06-6030-0-0028

Tennessee Shelby County Memphis 38117 Colonial Acres

4550 Verne Rd, Memphis, TN

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