NOT LISTED FOR SALE

4961 Verne Rd Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $207,760 - $214,000

3 Beds
1 Bath
1,234 Sq Ft
$171/Sq Ft Est. Value

Sale Details

Date Sold: November 14, 2017

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

Est. 163% increase in value since last sale

Current estimated payment $1,265 / mo

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

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 Name Owned For Owner Type

Purchase Details

Closed on
Jul 13, 2018
Sold by
Bought by
Current Estimated Value
$210,440

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
$129,371
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$81,069

Purchase Details

Listed on
Nov 14, 2017
Closed on
Nov 14, 2017
Sold by
Bought by
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
11.74%

Purchase Details

Closed on
Feb 11, 2014
Sold by
Bought by

Purchase Details

Closed on
Nov 14, 2007
Sold by
Bought by

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
Bought by

Purchase Details

Closed on
Jan 9, 2004
Sold by
Bought by

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
Bought by
Source: Public Records

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase 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 Buyer Sale Price Title Company
$155,000 None Available
$80,000 None Available
$81,900 Chicago Title Ins Co
-- None Available
$91,325 None Available
$89,500 Stewart Title
$63,500 --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $152,192
Previous Owner $91,000
Previous Owner $88,798
Source: Public Records

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 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% $67 / Sq Ft View Prior Sale
11/14/2017 11/14/17 Pending -- -- --
11/14/2017 11/14/17 For Sale $99,000 -- $83 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax 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.

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 $1,414 $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

    67 Total Sales

    Ward Walthal
    Section Image
See All Agents

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

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.

Memphis Area Association of REALTORS® Listing content and images Copyright 2026 Memphis Area Association of REALTORS®. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it.
Some or all of the listings displayed may not belong to the firm whose website is being visited.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.