Seller's Agent in 2024
William Haynes
Crye-Leike, Inc., REALTORS
(865) 454-1124
6 in this area
261 Total Sales
4601 Verne Rd Memphis, TN 38117
Colonial Acres NeighborhoodEstimated Value: $123,687
2
Beds
1
Bath
840
Sq Ft
$147/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Central Heating and Cooling System
- Property has 3 Levels
- No HOA
- Carpet
About This Home
As of October 2024SOLD IN BULK AS PART OF A PACKAGE OF 14 Terrific investment opportunity! Professionally managed and cash flowing home currently rented for $1150/mo. Market rent is closer to $1200/mo. Seller has multiple properties for sale. Bulk offers STRONGLY PREFERRED as Seller seeks to do a 1031x with the proceeds. Lease and ledger available upon request. Do not approach or disturb tenant. Property is a 2/1 in a GREAT location with owner occupant demand. SEE PHOTOS FOR FULL LIST. Total Price: 1.76m Rent: $13,215/mo Lease ends 8/31/25
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,894
Year Built
- Built in 1952
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 60x57
Parking
- Parking Pad
Home Design
- Traditional Architecture
Interior Spaces
- 840 Sq Ft Home
- Property has 3 Levels
- Carpet
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- Parkside Manor First Addition Subdivision
Listing and Financial Details
- Tax Lot 214
- Assessor Parcel Number 066033 00002
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 23, 2024
Closed on
Nov 6, 2024
Sold by
Pegasus Real Estate Services Llc
Bought by
Kfi Investments Tn2 Llc
List Price
$130,000
Sold Price
$100,000
Premium/Discount to List
-$30,000
-23.08%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,687
Avg. Annual Appreciation
16.15%
Original Mortgage
$120,000
Outstanding Balance
$118,298
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$5,389
Purchase Details
Listed on
Oct 23, 2024
Closed on
Oct 20, 2024
Sold by
4401 Quince Llc
Bought by
Pegasus Real Estate Services Llc
List Price
$130,000
Sold Price
$100,000
Premium/Discount to List
-$30,000
-23.08%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Outstanding Balance
$118,298
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$5,389
Purchase Details
Listed on
May 19, 2021
Closed on
May 21, 2021
Sold by
Jist Properties Gp
Bought by
4401 Quince Llc
Seller's Agent
Gary Garrison
BHHS McLemore & Co. Realty
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$136,480
Sold Price
$111,939
Premium/Discount to List
-$24,541
-17.98%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.23%
Purchase Details
Closed on
Feb 14, 2008
Sold by
Jist Properties Llc
Bought by
Jist Properties Gp
Purchase Details
Closed on
Apr 27, 2005
Sold by
Friedlander Stephen S
Bought by
Jist 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
$55,600
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 15, 2005
Sold by
Hearn Jeffrey David and Hearn Victoria
Bought by
Friedlander Stephen S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,600
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 30, 1997
Sold by
Wallace James C and Wallace Bonnie Mae
Bought by
Hearn Jeffrey David
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,466
Interest Rate
7.98%
Mortgage Type
FHA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kfi Investments Tn2 Llc | $142,000 | Saddle Creek Title | |
| Pegasus Real Estate Services Llc | $100,000 | Realty Title & Escrow | |
| 4401 Quince Llc | $248,750 | None Available | |
| Jist Properties Gp | -- | None Available | |
| Jist Properties Llc | -- | -- | |
| Friedlander Stephen S | $69,500 | -- | |
| Hearn Jeffrey David | $48,000 | Security Title Company Inc | |
| Hearn Jeffrey David | $48,000 | Security Title Company Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kfi Investments Tn2 Llc | $120,000 | |
| Closed | Pegasus Real Estate Services Llc | $100,000 | |
| Previous Owner | Friedlander Stephen S | $55,600 | |
| Previous Owner | Hearn Jeffrey David | $48,466 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/14/2026 01/14/26 | For Sale | $130,000 | +30.0% | $155 / Sq Ft | |
| 10/23/2024 10/23/24 | Sold | $100,000 | 0.0% | $119 / Sq Ft | |
| 10/23/2024 10/23/24 | Sold | $100,000 | -23.1% | $1,000 / Sq Ft | View Prior Sale |
| 10/23/2024 10/23/24 | Pending | -- | -- | -- | |
| 09/11/2024 09/11/24 | Pending | -- | -- | -- | |
| 09/06/2024 09/06/24 | For Sale | $130,000 | +16.1% | $1,300 / Sq Ft | |
| 05/21/2021 05/21/21 | Sold | $111,939 | -18.0% | $131 / Sq Ft | View Prior Sale |
| 05/20/2021 05/20/21 | Pending | -- | -- | -- | |
| 05/19/2021 05/19/21 | For Sale | $136,480 | -- | $160 / Sq Ft |
Source: Realtracs
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 | -- | $33,025 | $9,575 | $23,450 |
| 2024 | -- | $31,100 | $6,650 | $24,450 |
| 2023 | $1,895 | $31,100 | $6,650 | $24,450 |
| 2022 | $1,895 | $31,100 | $6,650 | $24,450 |
| 2021 | $1,073 | $31,100 | $6,650 | $24,450 |
| 2020 | $1,315 | $18,150 | $6,650 | $11,500 |
| 2019 | $580 | $18,150 | $6,650 | $11,500 |
| 2018 | $580 | $18,150 | $6,650 | $11,500 |
| 2017 | $594 | $18,150 | $6,650 | $11,500 |
| 2016 | $736 | $16,850 | $0 | $0 |
| 2014 | $736 | $16,850 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
William Haynes
-
Tyler Tapley
Seller Co-Listing Agent in 2024
Tyler Tapley
Crye-Leike, Inc., REALTORS
(901) 871-1290
30 in this area
1,141 Total Sales
-
Meatha Haynes Tapley
Buyer's Agent in 2024
Meatha Haynes Tapley
Crye-Leike, Inc., REALTORS
(901) 288-5582
5 in this area
235 Total Sales
-
Gary Garrison
Seller's Agent in 2021
Gary Garrison
BHHS McLemore & Co. Realty
(901) 690-5800
6 in this area
98 Total Sales
-
N
Buyer's Agent in 2021
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
Map
Source: Realtracs
MLS Number: 3084722
APN: 06-6033-0-0002
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Based on information submitted to the MLS GRID
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