Check Availability
$279,000 - $341,000
House - In Contract

4506 VERNE

Memphis, TN 38117
bedrooms
4 Beds
bathrooms
2 Baths
Sold Jul 02, 2021
$261,000
$247,950 by Community Mortgage Corp
Mortgage Due Jul 01, 2051
Sold Apr 08, 2015
$136,500
$119,437 by Everett Financial Inc
Mortgage Due May 01, 2045

About This Property

Summer is quickly approaching and this home has it all! Over 2000 square feet with an in-ground swimming pool in Colonial Acres. This adorable home is situated on a large corner lot, featuring 4 bedrooms, 2 full baths, huge primary suite & den, a private office, lovely deck over looking the pool & so much more. Come check out this unicorn of a home ~ you will not be disappointed.
Unit Size
-
Days on Market
-
Land Size
0.29 acres
Price per sqft
-
Property Type
House
Property Taxes
$288
HOA Dues
-
Year Built
1952
Listed By

Price History

Date / Event Date Event Price
Apr 4, 2024 In contract -
In contract
Mar 16, 2024 Price Decreased $310,000
↓ $5K (1.6%)
Price Decreased
Jan 27, 2024 Listed $315,000
Listed
Dec 23, 2023 No longer available -
No longer available
Sep 30, 2023 Price Decreased $325,000
↓ $10K (3%)
Price Decreased
Show More

Property Highlights

Fireplace
Air Conditioning
Interior Details

Interior Information

Deck
Security System

Fireplace Information

Fireplace
Exterior Details

Pool Information

Pool

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Bungalow
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 12,999
  • Lot Size Depth Feet: 1,310
  • Lot Size Frontage Feet: 1,280
  • Total Building Area: 2,142
  • Gross Building Area: 2,142
  • Building Area: 2,142
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,142
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARKSIDE MANOR FIRST ADDITION
  • Land Acres: 0.298
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : BURRESS STEPHEN R
  • Previous Owner : JOHNSON EVAN
  • Previous Owner 2: JOHNSON DANIELLE
  • Owner Before Previous Owner: DEADY RYAN M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 009300

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 06-6029-0-0001
  • Lot: 309
  • Municipality: MEMPHIS
  • Latitude: 35.0947
  • Longitude: -89.9118

    Address

  • Full Address: 4506 Verne Rd
  • Address - House Number: 4506
  • Address - Street Name: Verne
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Memphis
  • Carrier Code: C014
  • 4-Digit Zip Code: 6136
  • Zip Code: 38117

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,451

    Appraisal Valuation

  • Standard Deviation: 0.1089
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 89
  • Final Value: 313,791
  • High Value: 347,984
  • Low Value: 279,598

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $247,950
  • First Open Lien Mortgage Lender: COMMUNITY MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jul 02, 2021
  • First Open Lien Mortgage Loan Amount: $247,950
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Market Valuation

  • Market Total Value: $226,600
  • Market Land Value: $26,600
  • Market Improvement Value: $200,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $56,650
  • Assessed Land Value: $6,650
  • Assessed Improvements Value: $50,000

    Sales

  • Current Sale Contract Date: Jun 08, 2021
  • Current Sale Recording Date: Jul 02, 2021
  • Current Sale Transaction ID: 11841249736
  • Current Sale Price: $261,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21079897
  • Previous Sale Recording Date: Apr 08, 2015
  • Previous Sale Contract Date: Apr 07, 2015
  • Previous Sale Amount: $136,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COMMUNITY MORTGAGE CORP
  • First Mortgage Transaction Date: Jul 02, 2021
  • First Mortgage Loan Amount: $247,950
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: EVERETT FINANCIAL INC
  • Previous Mortgage Transaction Date: Apr 08, 2015
  • Previous Mortgage Loan Amount: $119,437
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2045

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
2 Baths
-
$330,000 Dec 8, 2023
-
$315/mo
In Contract
House
3 Beds
2 Baths
-
$320,000 Mar 14, 2024
-
$299/mo
House
3 Beds
2 Baths
-
$310,000 Feb 9, 2024
-
$239/mo
House
3 Beds
1.5 Baths
-
$264,900 Mar 24, 2024
-
$168/mo
House
3 Beds
2 Baths
-
$249,000 Mar 20, 2024
-
$247/mo
In Contract
House
3 Beds
2 Baths
-
$285,000 Mar 7, 2024
-
$182/mo
In Contract
House
3 Beds
2 Baths
-
$269,000 Apr 3, 2024
-
$286/mo
House
3 Beds
1 Bath
-
$259,900 Apr 9, 2024
-
$153/mo

About Jackson - University Area


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Frequently Asked Questions

When was property at 4506 Verne Road built and last sold?
The property at 4506 Verne Road was built in 1952 and last sold on Jun 8, 2021 for $261,000.
How much is this home worth?
The estimated value of the home located at 4506 Verne Road is $318,150.
What are some comparable homes to 4506 Verne Road?
Homes that are comparable to 4506 Verne Road include a house property at 4399 South Fair Meadow Road, 1409 Dearing Road, 4596 Crossover Lane.

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