NOT LISTED FOR SALE

5111 Verne Rd Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $238,000 - $258,000

2 Beds
1.5 Baths
1,400-1,599 Sq Ft
$153/Sq Ft Est. Value

Last Sold July 19, 2021

Last sale price $221,000 $138 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,467/month

31 Days on Market

Highlights

  • Updated Kitchen
  • Wood Flooring
  • Den with Fireplace
  • Traditional Architecture
  • Separate Formal Living Room
  • Some Wood Windows

About This Home

As of July 2021

Well maintained home on a great street!

Last Agent to Sell the Property

Debbie Barron

REMAX Experts License #15924 Listed on: 06/18/2021

REMAX Experts

Last Buyer's Agent

Nicole Bernal

Bluff City Realty Group, LLC License #354110

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,630

Year Built

  • Built in 1955

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 70x110
  • Wood Fence
  • Landscaped
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,456 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Popcorn or blown ceiling
  • Ceiling Fan
  • Fireplace Features Masonry
  • Some Wood Windows
  • Separate Formal Living Room
  • Den with Fireplace
  • Storage Room
  • Laundry closet

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Remodeled Bathroom

Home Security

  • Monitored
  • Storm Doors
  • Iron Doors

Parking

  • 1 Parking Space
  • Carport

Outdoor Features

  • Patio
  • Outdoor Storage
  • Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Community Details

  • Country Club Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 067025 00002

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,630

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: 151
  • Number Of Stories: 1
  • Price Per Sq Ft: 151.79
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1456
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: Renovated Bathroom
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Hardwood Floor
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Fireplace: Masonry, In Den/Great Room
  • Floors/Ceilings: Part Hardwood, Wood Laminate Floors, Smooth Ceiling, Textured Ceiling
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher, Microwave, Refrigerator, Cable Wired
  • Living Dining Kitchen: Separate Living Room, Separate Den, Updated/Renovated Kitchen, Eat-In Kitchen, Island In Kitchen
  • Misc Interior: Monitored Alarm
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet
  • Total Bathrooms: 1.1
  • P R I M A R Y B E D R O O M: Half Bath, Hardwood Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Storage Building, Porch, Patio
  • Exterior Windows: Brick Veneer, Wood Window(s), Storm Door(s)

Garage/Parking

  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1
  • Parking Storage: Storage Room(s)

Utilities

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

Lot Info

  • Lot Description: Level, Landscaped, Wood Fenced
  • Lot Number: 416
  • Acreage: 0.17
  • Lot Size: 70X110
  • Price Per Acre: 1293529

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 067025 00002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2021
Closed on
Jul 19, 2021
Sold by
Frazer Matthew E and Frazer Rachel A
Bought by
Mackiw Gabriela
Seller's Agent
Debbie Barron
REMAX Experts
Buyer's Agent
Nicole Bernal
Bluff City Realty Group, LLC
List Price
$229,900
Sold Price
$221,000
Premium/Discount to List
-$8,900
-3.87%
Current Estimated Value
$244,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,616
Avg. Annual Appreciation
2.23%
Original Mortgage
$216,997
Outstanding Balance
$198,757
Interest Rate
2.96%
Mortgage Type
FHA
Estimated Equity
$43,307

Purchase Details

Closed on
May 20, 2011
Sold by
Jacobs Angela B Carpenter and Carpenter Angela B
Bought by
Frazer Matthew E and Frazer Rachel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,170
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 16, 2008
Sold by
Curtis Sarah Braden
Bought by
Carpenter Angela B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,850
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Mackiw Gabriela $221,000 Edco Ttl & Closing Svcs Inc
Frazer Matthew E $123,000 Title & Escrow Services Inc
Carpenter Angela B $105,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mackiw Gabriela $216,997
Closed Frazer Matthew E $100,000
Previous Owner Frazer Matthew E $114,400
Previous Owner Frazer Matthew E $118,170
Previous Owner Carpenter Angela B $101,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2021 07/19/21 Sold $221,000 +0.5% $158 / Sq Ft
06/19/2021 06/19/21 Price Changed $219,900 -4.3% $157 / Sq Ft
06/18/2021 06/18/21 For Sale $229,900 -- $164 / 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 $1,630 $54,825 $11,250 $43,575
2024 $1,630 $48,075 $7,050 $41,025
2023 $2,929 $48,075 $7,050 $41,025
2022 $2,929 $48,075 $7,050 $41,025
2021 $2,963 $48,075 $7,050 $41,025
2020 $2,407 $33,225 $7,050 $26,175
2019 $1,062 $33,225 $7,050 $26,175
2018 $1,062 $33,225 $7,050 $26,175
2017 $1,087 $33,225 $7,050 $26,175
2016 $1,348 $30,850 $0 $0
2014 $1,348 $30,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Debbie Barron

    Seller's Agent in 2021

    Debbie Barron

    RE/MAX

    (901) 277-8938

    4 in this area

    23 Total Sales

    Debbie Barron
    Section Image
  • Nicole Bernal

    Buyer's Agent in 2021

    Nicole Bernal

    Bluff City Realty Group, LLC

    (901) 482-8512

    3 in this area

    30 Total Sales

    Nicole Bernal
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10102082

Memphis Area Association of REALTORS®

APN: 06-7025-0-0002

Tennessee Shelby County Memphis 38117 Colonial Acres

5111 Verne Rd, Memphis, TN

This home is located at 5111 Verne Rd, Memphis, TN 38117 since 18 June 2021 and is currently estimated at $244,616, approximately $152 per square foot. This property was built in 1955. 5111 Verne Rd is a home located in Shelby County with nearby schools including Sea Isle Elementary School, Colonial Middle, and Overton High.

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® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Some or all of the listings displayed may not belong to the firm whose website is being visited. Copyright© 2025 Memphis Area Association of REALTORS®.

Nearby Homes