NOT LISTED FOR SALE

4961 Verne Rd Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $183,163 - $213,000

3 Beds
1 Bath
1,234 Sq Ft
$162/Sq Ft Est. Value

Last Sold November 14, 2017

Last sale price $80,000 $65 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $1,157/month

Highlights

  • Bonus Room
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of June 2024

Very nice Mid-Century home in Colonial Acres. Open living space, hardwood floors, freshly painted, spacious yard with beautiful trees in front, bonus room that could be 4th bedroom or office. Convenient to shopping, restaurants, parks and 240 access. All appliances included. Owner takes care of yard.

Last Agent to Rent the Property

Jeanie Henson

Madison Avenue Realty, LLC License #270219 Listed on: 06/15/2024

Last Renter's Agent

Ward Walthal

Marx-Bensdorf, REALTORS License #372256

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60x130
  • Few Trees

Parking

  • Driveway

Interior Spaces

  • 1,234 Sq Ft Home
  • 1-Story Property
  • Bonus Room
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System

Community Details

  • Colonial Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 066080 00012

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Class: Rental Properties
  • Type: Rental
  • Style Code Use: General Residential
  • MAAR Subdivision Name: COLONIAL ACRES
  • Freestanding: Yes
  • Number Of Stories: 1
  • Estimated Sq Ft: 1234
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Dishwasher, Refrigerator
  • Living Dining Kitchen: Washer/Dryer Connections
  • Misc Interior: Smoke Detector(s)
  • Other Rooms: Bonus Room

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 26
  • Acreage: 0.17
  • Lot Size: 60X130

Tax Info

  • Assessor Parcel Number: 066080 00012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 13, 2018
Sold by
Meyer Timothy and Meyer Donna M
Bought by
Keith Julia
Current Estimated Value
$200,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,192
Outstanding Balance
$131,343
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$68,698

Purchase Details

Listed on
Sep 13, 2017
Closed on
Nov 14, 2017
Sold by
Zume Residential Llc
Bought by
Meyer Timothy A and Meyer Donna M
Seller's Agent
Meredith McDonald
Ware Jones, REALTORS
Buyer's Agent
Chris Meyer
Crye-Leike, Inc., REALTORS
List Price
$99,000
Sold Price
$80,000
Premium/Discount to List
-$19,000
-19.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.63%

Purchase Details

Closed on
Feb 11, 2014
Sold by
Clothier Kent B
Bought by
Zume Residential Llc

Purchase Details

Closed on
Nov 14, 2007
Sold by
Cig Properties Llc
Bought by
Clothier Kent B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
6.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 25, 2007
Sold by
Wiseman Jennifer Anne
Bought by
Hud

Purchase Details

Closed on
Jan 9, 2004
Sold by
Graham Mary Anne
Bought by
Wiseman Jennifer Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,798
Interest Rate
5.63%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 22, 1997
Sold by
Cockerham Christopher P and Cockerham Carol A
Bought by
Graham Mary Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,170
Interest Rate
7.55%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
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
Keith Julia $155,000 None Available
Meyer Timothy A $80,000 None Available
Zume Residential Llc $81,900 Chicago Title Ins Co
Clothier Kent B -- None Available
Hud $91,325 None Available
Wiseman Jennifer Anne $89,500 Stewart Title
Graham Mary Anne $63,500 --
Graham Mary Anne $63,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keith Julia $152,192
Previous Owner Clothier Kent B $91,000
Previous Owner Wiseman Jennifer Anne $88,798
Previous Owner Graham Mary Anne $64,170
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/27/2024 06/27/24 Rented $1,450 0.0% --
06/15/2024 06/15/24 For Rent $1,450 0.0% --
11/14/2017 11/14/17 Sold $80,000 -19.2% $57 / Sq Ft View Prior Sale
11/07/2017 11/07/17 Pending -- -- --
09/13/2017 09/13/17 For Sale $99,000 -- $71 / 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 $1,391 $52,575 $9,000 $43,575
2024 $1,391 $41,025 $6,250 $34,775
2023 $2,499 $41,025 $6,250 $34,775
2022 $2,499 $41,025 $6,250 $34,775
2021 $1,415 $41,025 $6,250 $34,775
2020 $2,161 $29,825 $6,250 $23,575
2019 $953 $29,825 $6,250 $23,575
2018 $754 $23,600 $6,250 $17,350
2017 $772 $23,600 $6,250 $17,350
2016 $978 $22,375 $0 $0
2014 $978 $22,375 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Landlord's Agent in 2024

    Jeanie Henson

    Madison Avenue Realty, LLC

    (901) 568-0430

    6 Total Sales

    Jeanie Henson
    Section Image
  • Ward Walthal

    Tenant's Agent in 2024

    Ward Walthal

    Marx-Bensdorf, REALTORS

    (901) 634-6900

    1 in this area

    57 Total Sales

    Ward Walthal
    Section Image

  • M

    Seller's Agent in 2017

    Meredith McDonald

    Ware Jones, REALTORS

    Section Image

  • P

    Seller Co-Listing Agent in 2017

    Paul McDonald

    Ware Jones, REALTORS

    Section Image

  • C

    Buyer's Agent in 2017

    Chris Meyer

    Crye-Leike, Inc., REALTORS

    (901) 870-3000

    1 in this area

    55 Total Sales

    Chris Meyer
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10175510

Memphis Area Association of REALTORS®

APN: 06-6080-0-0012

Tennessee Shelby County Memphis 38117 Colonial Acres

4961 Verne Rd, Memphis, TN

Not Listed for Sale

Detached

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