NOT LISTED FOR SALE

4580 Verne Rd Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $214,000 - $267,000

4 Beds
2 Baths
1,400-1,599 Sq Ft
$144/Sq Ft Est. Value

Last Sold February 23, 2021

Last sale price $175,000 $109 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,318/month

17 Days on Market

Highlights

  • Traditional Architecture
  • Brick Veneer
  • Laundry Room
  • Wood Flooring
  • Patio
  • Central Heating and Cooling System

About This Home

As of February 2021

Great fenced, corner lot. Property has been updated. Subway tile in kitchen and bath. Gas cooking. Garage has been converted to living space-would make large Master. Bedroom. Lots of flexible space. There is a 12x12 room off master that would make a great closet and there is an adjoining private full bath and separate laundry. 4th bedroom is a walk thru for office or flex space. Bring an offer.

Last Agent to Sell the Property

Thomas Blanche

Northpoint Asset Management, L License #330484 Listed on: 01/16/2021

Last Buyer's Agent

Thomas Blanche

Northpoint Asset Management, L License #330484 Listed on: 01/16/2021

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 100x100
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Brick Veneer

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,464 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Oven or Range
  • Laundry Room

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • Parkside Manor First Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 066031 00034

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: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: COLONIAL ACRES
  • List Price Per Sq Ft: 133
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1464
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile
  • Full Bathrooms: 2
  • Equipment: Range/Oven
  • Living Dining Kitchen: LR/DR Combination
  • Master Bedroom: Walk-In Closet
  • Master Bedroom Dimensions: 20x18
  • Other Rooms: Laundry Room

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 230
  • Acreage: 0.22
  • Lot Size: 100X100

Tax Info

  • Assessor Parcel Number: 066031 00034

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2021
Sold by
Rei Nation Llc
Bought by
Wright Christopher and Wright Jennifer B
Current Estimated Value
$229,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Outstanding Balance
$152,930
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$76,880

Purchase Details

Listed on
Jan 16, 2021
Closed on
Feb 23, 2021
Sold by
East To West Properties Llc
Bought by
Rei Nation Llc
Seller's Agent
Thomas Blanche
Northpoint Asset Management, L
Buyer's Agent
Thomas Blanche
Northpoint Asset Management, L
List Price
$209,000
Sold Price
$175,000
Premium/Discount to List
-$34,000
-16.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.51%

Purchase Details

Closed on
Apr 13, 2020
Sold by
Wmmc Construction Llc
Bought by
East To West Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2016
Sold by
Hardin Enterprises
Bought by
Chapin Emily P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
3.66%

Purchase Details

Closed on
Feb 17, 2016
Sold by
Hardin Enterprises Inc
Bought by
Chapin Emily P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,750
Interest Rate
3.97%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 27, 2016
Sold by
Rose David and Rose Suzanne
Bought by
Hardin Enterprises Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,750
Interest Rate
3.97%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 7, 2016
Sold by
Langhorn Meckaela
Bought by
Rose David and Rose Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,750
Interest Rate
3.97%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 2, 2006
Sold by
Boone Jeffery M and Boone Richard B
Bought by
Langhorn Meckaela Antonette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
9.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 17, 2002
Sold by
Aames Capital Corp
Bought by
Boone Jeffrey and Boone Richard B

Purchase Details

Closed on
Feb 14, 2002
Sold by
Williams Allen E
Bought by
Aames Capital Corp
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

Date Buyer Sale Price Title Company
Wright Christopher $225,000 None Available
Rei Nation Llc $175,000 Closetrak Llc
East To West Properties Llc $115,000 Baymark T&E Svcs Llc
Wmmc Construction Llc $90,000 None Available
Chapin Emily P -- --
Chapin Emily P $88,750 None Available
Hardin Enterprises Inc $48,000 Close Trak Title
Rose David $35,800 Attorney
Langhorn Meckaela Antonette $89,983 Netco
Boone Jeffrey $48,000 --
Aames Capital Corp $55,997 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright Christopher $168,750
Previous Owner East To West Properties Llc $96,000
Previous Owner Chapin Emily P $90,000
Previous Owner Chapin Emily P --
Previous Owner Chapin Emily P $88,750
Previous Owner Langhorn Meckaela Antonette $96,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2021 02/23/21 Sold $175,000 -9.8% $125 / Sq Ft
02/04/2021 02/04/21 Price Changed $194,000 -2.5% $139 / Sq Ft
01/21/2021 01/21/21 Price Changed $199,000 -4.8% $142 / Sq Ft
01/16/2021 01/16/21 For Sale $209,000 -- $149 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $1,314 $63,225 $9,575 $53,650
2024 $1,314 $38,775 $6,650 $32,125
2023 $2,362 $38,775 $6,650 $32,125
2022 $2,362 $38,775 $6,650 $32,125
2021 $2,390 $38,775 $6,650 $32,125
2020 $1,759 $24,275 $6,650 $17,625
2019 $776 $24,275 $6,650 $17,625
2018 $776 $24,275 $6,650 $17,625
2017 $794 $24,275 $6,650 $17,625
2016 $1,093 $25,000 $0 $0
2014 $1,093 $25,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Thomas Blanche

    Seller's Agent in 2021

    Thomas Blanche

    Northpoint Asset Management, L

    (901) 288-9801

    1 in this area

    46 Total Sales

    Thomas Blanche
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10091888

Memphis Area Association of REALTORS®

APN: 06-6031-0-0034

Tennessee Shelby County Memphis 38117 Colonial Acres

4580 Verne Rd, Memphis, TN

Not Listed for Sale

Detached

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