NOT LISTED FOR SALE

4948 Roane Rd Unit 118 Memphis, TN 38117

East Memphis Neighborhood

Estimated Value: $475,393

0.7 Acre
$679,133 Price per Acre
30,492 Sq Ft Lot

Sale Details

Date Sold: April 16, 2026

Last sale price $435,000

Est. 9% increase in value since last sale

Current estimated payment $3,088 / mo

15 Days on Market

Highlights

  • 0.7 Acre Lot
  • Corner Lot
  • No Heating

About This Lot

As of April 2026

Nestled within a prestigious and highly sought-after enclave, this immaculate, cleared, and surveyed lot presents a rare opportunity to build a bespoke estate in one of the area’s most established communities. Situated on a quiet, dead-end cove, the property offers exceptional privacy and a serene setting surrounded by mature homes and landscaping. Utilities are already available at the street, providing a seamless path to bringing your vision to life. A truly rare offering in a refined, quiet neighborhood where opportunities like this are few and far between.Fabulous, exclusive house design plans are available at no cost to the buyer, if desired. Sellers are relocating out of state.

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,755

Lot Details

  • 30,492 Sq Ft Lot
  • Lot Dimensions are 311x220
  • Dirt Road
  • Corner Lot
  • Level Lot

Community Details

  • Shady Grove Road Subdivision

Listing and Financial Details

  • Tax Lot 118
  • Assessor Parcel Number 056015 00009

Property Details

Property Type

Land

Est. Annual Taxes

$7,755

Lot Details

0.7 Acres

Listing Details

  • Prop. Type: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Pool Private: No
  • Road Surface Type: Dirt
  • Topography: Level,Corner Lot
  • View: No
  • Waterfront: No

Utilities

  • Cooling Y N: No
  • Heating Yn: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Zoning: Res
  • Current Use: Residential
  • Lot Features: Level, Corner Lot
  • Lot Size Acres: 0.7
  • Lot Size: 311X220
  • Lot Size Units: Acres
  • Parcel #: 056015 00009
  • Property Attached Yn: No

Tax Info

  • Tax Annual Amount: 7755
  • Tax Lot: 118

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in East Memphis, TN

  • Michelle Shaver-Simpson Real Estate Agent - Crye-Leike, Inc., REALTORS

    Michelle Shaver-Simpson

    Crye-Leike, Inc., REALTORS

    (901) 464-3556

    77 Total Sales

    4 in East Memphis

    $250K - $355K Price Range

    Michelle Shaver-Simpson
     Section Image
  • Juan Casem Real Estate Agent - Crye-Leike Inc., REALTORS

    Juan Casem

    Crye-Leike Inc., REALTORS

    (901) 979-1402

    116 Total Sales

    10 in East Memphis

    $69K - $155K Price Range

    Juan Casem
     Section Image
  • Julie Upchurch Real Estate Agent - McWaters & Associates

    Julie Upchurch

    McWaters & Associates

    (901) 509-9177

    143 Total Sales

    20 in East Memphis

    $217K - $740K Price Range

    Julie Upchurch
     Section Image
  • Fontaine Albritton Real Estate Agent - Crye-Leike, Inc., REALTORS

    Fontaine Albritton

    Crye-Leike, Inc., REALTORS

    (901) 437-5465

    95 Total Sales

    23 in East Memphis

    $165K - $2.8M Price Range

    Fontaine Albritton
     Section Image
  • Amanda Lee Real Estate Agent - McWaters & Associates

    Amanda Lee

    McWaters & Associates

    (901) 763-8191

    119 Total Sales

    10 in East Memphis

    $242K - $675K Price Range

    Amanda Lee
     Section Image
  • Toni Green Real Estate Agent - Crye-Leike, Inc., REALTORS

    Toni Green

    Crye-Leike, Inc., REALTORS

    (901) 437-4651

    33 Total Sales

    2 in East Memphis

    $430K - $495K Price Range

    Toni Green
     Section Image
See All Agents

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
04/16/2026 04/16/26 Sold $435,000 -3.3% --
04/16/2026 04/16/26 Pending -- -- --
04/01/2026 04/01/26 For Sale $450,000 -- --
Source: Realtracs

Map

Source: Realtracs

MLS Number: RTC3178267

Realtracs

APN: 05-6015-0-0009

Tennessee Shelby County Memphis 38117 East Memphis

4948 Roane Rd Unit 118, Memphis, TN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realtracs All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Realtracs as distributed by MLS GRID.
Based on information submitted to the MLS GRID

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.