NOT LISTED FOR SALE

4906 Verne Rd Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $153,461 - $188,000

2 Beds
1 Bath
100-999 Sq Ft
$175/Sq Ft Est. Value

Last Sold February 06, 2020

Last sale price $126,000 $126 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,018/month

Highlights

  • Updated Kitchen
  • Wood Flooring
  • Den
  • Vaulted Ceiling
  • Great Room
  • Porch

About This Home

As of June 2024

Open & vaulted for modern living in Colonial Acres. Kitchen features freshly painted cabinets, pantry, & breakfast bar which opens to large living/dining combo. Renovated bath w/ neutral tile, updated fixtures, & new vanity. New blinds throughout. New 6ft privacy fence. $1450/mo + $1450 deposit due prior to move-in. Potential tenants must have 600+ credit, clean background & 2.5x monthly rent in income. 18mo lease and no pets preferred. Do not disturb tenant.

Last Agent to Rent the Property

Heather Quinn

Crye-Leike, Inc., REALTORS License #339957 Listed on: 01/11/2024

Crye-Leike, Inc., REALTORS

Last Renter's Agent

Heather Quinn

Crye-Leike, Inc., REALTORS License #339957 Listed on: 01/11/2024

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,066

Year Built

  • Built in 1955

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60x125
  • Wood Fence
  • Few Trees

Home Design

  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 100-999 Sq Ft Home
  • 969 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Window Treatments
  • Great Room
  • Combination Dining and Living Room
  • Den
  • Pull Down Stairs to Attic

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Oven or Range
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Remodeled Bathroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Carport
  • Side Facing Garage
  • Driveway

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System

Community Details

  • Colonial Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 066081 00028

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,066

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: Rental Properties
  • Type: Rental
  • Style Code Use: General Residential
  • MLS Map #: 759B
  • MAAR Subdivision Name: COLONIAL ACRES
  • Freestanding: Yes
  • Number Of Stories: 1
  • Price Per Sq Ft: 1.44
  • Estimated Sq Ft: 969
  • Year Built: 1955
  • List Price/ Sq Ft: 1
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down, Primary Down, Vaulted/Coffered Primary, Renovated Bathroom
  • Estimated Heated Sq Ft Range: 100-999
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Hardwood Throughout, Tile
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Cooktop, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Living Dining Kitchen: Great Room, LR/DR Combination, Updated/Renovated Kitchen, Breakfast Bar, Pantry
  • Misc Interior: All Window Treatments, Pull Down Attic Stairs
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Porch, Patio
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1A
  • Parking Storage: Driveway/Pad, Side-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Wood Fenced
  • Lot Number: 59
  • Acreage: 0.17
  • Lot Size: 60X125
  • Price Per Acre: 8235

Multi Family

  • Number Of Rooms: 4

Tax Info

  • Assessor Parcel Number: 066081 00028

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2020
Closed on
Feb 6, 2020
Sold by
Connolly Ashley N
Bought by
Horton Heather Q and Horton Frank Collins
Seller's Agent
Jennifer Arendale
Coldwell Banker Collins-Maury
Buyer's Agent
Heather Quinn
Crye-Leike, Inc., REALTORS
List Price
$125,000
Sold Price
$126,000
Premium/Discount to List
$1,000
0.8%
Current Estimated Value
$174,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,615
Avg. Annual Appreciation
5.95%
Original Mortgage
$100,800
Outstanding Balance
$89,454
Interest Rate
3.72%
Mortgage Type
New Conventional
Estimated Equity
$85,161

Purchase Details

Listed on
Mar 1, 2013
Closed on
May 22, 2013
Sold by
Winter Lee M and Winter Mandy R
Bought by
Holloway Ashley N
Seller's Agent
Trey Foster
Emmett Baird Realty, LLC
Buyer's Agent
Jennifer Arendale
Coldwell Banker Collins-Maury
List Price
$109,900
Sold Price
$103,950
Premium/Discount to List
-$5,950
-5.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.90%
Original Mortgage
$102,066
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 14, 2009
Sold by
Fearnley Michael
Bought by
Winter Lee M and Winter Mandy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,487
Interest Rate
5.43%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 21, 2008
Sold by
Outlaw Virgie Mildred Anderson
Bought by
Fearnley Michael
Source: Public Records

Range of Values:

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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
Horton Heather Q $126,000 Realty Title & Escrow Co Inc
Holloway Ashley N $103,950 None Available
Winter Lee M $95,000 None Available
Fearnley Michael $65,000 Edco Title & Closing Service
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horton Heather Q $100,800
Previous Owner Holloway Ashley N $102,066
Previous Owner Winter Lee M $94,487
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/01/2024 06/01/24 Rented $1,400 -3.4% --
04/19/2024 04/19/24 Under Contract -- -- --
04/09/2024 04/09/24 For Rent $1,450 0.0% --
03/28/2024 03/28/24 Under Contract -- -- --
03/05/2024 03/05/24 Price Changed $1,450 -3.3% $15 / Sq Ft
01/11/2024 01/11/24 For Rent $1,500 +7.1% --
06/02/2023 06/02/23 Rented $1,400 0.0% --
05/24/2023 05/24/23 For Rent $1,400 0.0% --
01/10/2022 01/10/22 Rented $1,400 0.0% --
01/02/2022 01/02/22 For Rent $1,400 +8.1% --
11/25/2020 11/25/20 Rented $1,295 0.0% --
11/11/2020 11/11/20 For Rent $1,295 0.0% --
02/06/2020 02/06/20 Sold $126,000 +0.8% $1,260 / Sq Ft View Prior Sale
01/12/2020 01/12/20 Pending -- -- --
01/09/2020 01/09/20 For Sale $125,000 +20.3% $1,250 / Sq Ft
05/22/2013 05/22/13 Sold $103,950 -5.4% $1,040 / Sq Ft View Prior Sale
04/24/2013 04/24/13 Pending -- -- --
03/01/2013 03/01/13 For Sale $109,900 -- $1,099 / 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 $1,066 $37,900 $9,000 $28,900
2024 $1,066 $31,450 $6,250 $25,200
2023 $1,916 $31,450 $6,250 $25,200
2022 $1,916 $31,450 $6,250 $25,200
2021 $1,085 $31,450 $6,250 $25,200
2020 $1,761 $24,300 $6,250 $18,050
2019 $777 $24,300 $6,250 $18,050
2018 $777 $24,300 $6,250 $18,050
2017 $795 $24,300 $6,250 $18,050
2016 $1,138 $26,050 $0 $0
2014 $1,138 $26,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Heather Quinn

    Landlord's Agent in 2024

    Heather Quinn

    Crye-Leike

    (901) 848-6090

    9 in this area

    133 Total Sales

    Heather Quinn
    Section Image
  • Katy Q Gillespie

    Seller Co-Listing Agent in 2023

    Katy Q Gillespie

    Crye-Leike

    (901) 857-6860

    10 in this area

    128 Total Sales

    Katy Q Gillespie
    Section Image
  • Jennifer Arendale

    Seller's Agent in 2020

    Jennifer Arendale

    Coldwell Banker Collins-Maury

    (901) 218-5781

    3 in this area

    157 Total Sales

    Jennifer Arendale
    Section Image
  • Trey Foster

    Seller's Agent in 2013

    Trey Foster

    Emmett Baird Realty, LLC

    (901) 451-1611

    1 in this area

    56 Total Sales

    Trey Foster
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10163937

Memphis Area Association of REALTORS®

APN: 06-6081-0-0028

Tennessee Shelby County Memphis 38117 Colonial Acres

4906 Verne Rd, Memphis, TN

This home is located at 4906 Verne Rd, Memphis, TN 38117 since 11 January 2024 and is currently priced at $174,615. This property was built in 1955. 4906 Verne Rd is a home located in Shelby County with nearby schools including Sea Isle Elementary School, Colonial Middle, and Overton High.

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