NOT LISTED FOR SALE

4965 Verne Rd Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $166,000 - $207,000

3 Beds
2 Baths
100-999 Sq Ft
$185/Sq Ft Est. Value

Last Sold August 30, 2017

Last sale price $105,000 $105 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $1,061/month

56 Days on Market

Highlights

  • Updated Kitchen
  • Traditional Architecture
  • Separate Formal Living Room
  • Landscaped Professionally
  • Wood Flooring
  • Some Wood Windows

About This Home

As of August 2017

Nice rehab in Colonial Acres! 3 BR's with 2 Full Baths!!! Hardwood floors with tile in the kitchen and baths. New Roof, New Paint, New Furnace! Detached Garage will accommodate a vehicle and has two additional rooms (previously used as an office). New water line installed for kitchen fridge and laundry room added in the hallway. Great starter house!

Last Agent to Sell the Property

Juan Casem

Crye-Leike Inc., REALTORS License #248712 Listed on: 06/21/2017

Crye-Leike Inc., REALTORS

Last Buyer's Agent

Beth Halbach

Keller Williams License #268082

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,082

Year Built

  • Built in 1955

Lot Details

  • 7,405 Sq Ft Lot
  • Chain Link Fence
  • Landscaped Professionally
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 100-999 Sq Ft Home
  • 980 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Some Wood Windows
  • Separate Formal Living Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Oven or Range
  • Gas Cooktop

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms

Parking

  • 1 Car Detached Garage
  • Front Facing Garage
  • Driveway

Outdoor Features

  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Colonial Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 066080 00013

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,082

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 759B
  • MAAR Subdivision Name: COLONIAL ACRES
  • List Price Per Sq Ft: 116
  • Number Of Stories: 1
  • Price Per Sq Ft: 107.14
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 980
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Renovated Bathroom
  • Estimated Heated Sq Ft Range: 100-999
  • Bedroom 2 Description: Level 1, Hardwood Floor
  • Bedroom 3 Description: Level 1, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Hardwood Throughout, Tile
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Gas Cooking
  • Living Dining Kitchen: Separate Living Room, Updated/Renovated Kitchen, Eat-In Kitchen
  • Total Bathrooms: 2
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Full Bath, Hardwood Floor

Exterior Features

  • Misc Exterior: Storage Building, Sidewalks
  • Exterior Windows: Brick Veneer, Wood/Composition

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 1
  • Parking Display: G1D
  • Parking Storage: Driveway/Pad, Front-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central, Gas

Lot Info

  • Lot Description: Some Trees, Level, Professionally Landscaped, Chain Fenced
  • Lot Number: 25
  • Acreage: 0.17
  • Lot Size: 0.17
  • Price Per Acre: 670000

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 066080 00013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2017
Closed on
Aug 30, 2017
Sold by
Total World Holdings Llc
Bought by
Bam K3 Llc
Seller's Agent
Juan Casem
Crye-Leike Inc., REALTORS
Buyer's Agent
Beth Halbach
Keller Williams
List Price
$119,000
Sold Price
$105,000
Premium/Discount to List
-$14,000
-11.76%
Current Estimated Value
$178,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,332
Avg. Annual Appreciation
6.58%

Purchase Details

Closed on
Dec 30, 2016
Sold by
Jackson Marvin
Bought by
Total World Holdings Llc

Purchase Details

Closed on
Aug 29, 2002
Sold by
Mcneer James D and Mcneer Jeanine M
Bought by
Jackson Marvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.31%

Purchase Details

Closed on
Feb 23, 1995
Bought by
Mcneer James D and Mcneer Jeanine M
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
Bam K3 Llc $105,000 None Available
Total World Holdings Llc $70,500 None Available
Jackson Marvin $85,000 Memphis Title Company
Mcneer James D $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jackson Marvin $91,800
Previous Owner Jackson Marvin $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2017 08/30/17 Sold $105,000 -11.8% $1,050 / Sq Ft
08/16/2017 08/16/17 Pending -- -- --
06/21/2017 06/21/17 For Sale $119,000 -- $1,190 / 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 $1,082 $38,450 $9,000 $29,450
2024 $1,082 $31,925 $6,250 $25,675
2023 $1,945 $31,925 $6,250 $25,675
2022 $1,945 $31,925 $6,250 $25,675
2021 $1,968 $31,925 $6,250 $25,675
2020 $1,623 $22,400 $6,250 $16,150
2019 $1,623 $22,400 $6,250 $16,150
2018 $1,623 $22,400 $6,250 $16,150
2017 $921 $22,400 $6,250 $16,150
2016 $1,053 $24,100 $0 $0
2014 $1,053 $24,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Juan Casem

    Seller's Agent in 2017

    Juan Casem

    Crye-Leike

    (901) 216-5529

    20 in this area

    140 Total Sales

    Section Image
  • Beth Halbach

    Buyer's Agent in 2017

    Beth Halbach

    Keller Williams

    (901) 337-6721

    4 in this area

    55 Total Sales

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10005238

Memphis Area Association of REALTORS®

APN: 06-6080-0-0013

Tennessee Shelby County Memphis 38117 Colonial Acres

4965 Verne Rd, Memphis, TN

This home is located at 4965 Verne Rd, Memphis, TN 38117 since 21 June 2017 and is currently estimated at $184,831, approximately $185 per square foot. This property was built in 1955. 4965 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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