Off Market Sep 2025 for $110K

$235,968

Est. refi paymentEst. refi $727/mo

•

1,580

sq ft

4545 Verne Rd, Memphis, TN 38117

About this home

Welcome to 4545 Verne Rd—a solid investment opportunity in the desirable colonial acres neighborhood of Memphis! Currently rented for $1,250/month with a long-term tenant in place. The tenant is on a month-to-month lease, offering flexibility for future plans. Conveniently located near local amenities in east Memphis, schools, and I-240. Minutes from the Fed Ex HUB! Please do not disturb the tenant. All showings will take place during the inspection period after an accepted offer.

Single-familyProperty Type

1950Year Built

8,276 sq ftLot Size

$149Est. Price/Sq.Ft.

1 spaceParking

Listed by Robert Stone • Keller Williams

Bought with Juan Casem • Crye-Leike Inc., REALTORS

Redfin checked: 2 minutes ago

•Source:Memphis Area Association of Realtors(R) MLS #10201541

Redfin Estimate

$235,968

$126K since sold in September 2025$2,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 7.4% higher than the average sale price ($220K) of 6 comparable homes.

SOLD JUN 11, 2026
$199,000
A
3 beds2 baths1,461 sq ft
4416 Boyce Rd, Memphis, TN 38117
SOLD MAR 4, 2026
$245,000
B
3 beds2 baths— sq ft
1433 Dearing Rd, Memphis, TN 38117
SOLD AUG 10, 2026
$193,000
C
3 beds1.5 baths1,554 sq ft
1223 S Perkins Rd, Memphis, TN 38117
SOLD MAY 19, 2026
$275,000
D
3 beds2 baths— sq ft
1207 W Perkins Rd, Memphis, TN 38117
SOLD MAY 14, 2026
$194,000
E
3 beds1 bath1,559 sq ft
4553 Boyce Rd, Memphis, TN 38117
SOLD APR 16, 2026
$212,000
F
3 beds2 baths1,556 sq ft
1168 S Perkins Rd, Memphis, TN 38117

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Earn from this home

Refinance

Est. cash available

Get cash now or lower your monthly rate

Rent

$1,368/mo

Redfin rental estimate

List your home for rent

Market trends in 38117, TN

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

97.5%

0.0% MoM

Median sale price

$297K

$11K MoM

Avg. days on market

32d

4 days MoM

Recently sold homes

154

1 MoM

New listings for sale

NEW 4 HRS AGO
$219,900
3 beds1 bath— sq ft
1179 Wilmore Rd, Memphis, TN 38117
OPEN SUN, 1PM TO 2PM
$259,000
3 beds1 bath— sq ft
1170 Dearing St, Memphis, TN 38117
NEW 35 HRS AGO
$200,000
4 beds3 baths— sq ft
4418 Quince Rd, Memphis, TN 38117
NEW 1 DAY AGO
$137,500
2 beds2 baths— sq ft
4778 Eagle Crest Dr #3508, Memphis, TN 38117
$225,000
3 beds2 baths— sq ft
4905 Essexshire Ave, Memphis, TN 38117
$220,000
3 beds1 bath— sq ft
5091 Newcastle Ave, Memphis, TN 38117
$149,900
2 beds2 baths— sq ft
1269 Colonial Rd, Memphis, TN 38117
$1,095,000
4 beds6.5 baths— sq ft
42 Wood Grove Dr, Memphis, TN 38117
$335,000
3 beds2 baths— sq ft
5160 Warfield Dr, Memphis, TN 38117
$235,000
3 beds2 baths— sq ft
1866 Danville Rd, Memphis, TN 38117
See all

Provided by Redfin

Sale history for 4545 Verne Rd

Date

Event

Price

REALTRACS as Distributed by MLS Grid #3306150

Jul 25, 2026

Listing Removed

—

Jun 25, 2026

Listed

$250,000

$158/sq ft

Public Records

Sep 10, 2025

Sold

$109,000

$69/sq ft

Memphis Area Association of Realtors(R) MLS #10201541

Sep 11, 2025

Sold

$110,000

$70/sq ft

Aug 5, 2025

Price Changed

$129,900

$82/sq ft

Jul 18, 2025

Listed

$135,000

$85/sq ft

Memphis Area Association of Realtors(R) MLS #3244743

Mar 11, 2013

Sold

$36,000

$23/sq ft

Apr 10, 2012

Listed

$49,900

$32/sq ft

Public Records

Aug 20, 1993

Sold

$34,500

$22/sq ft

Public Records

May 13, 1993

Sold

$35,000

$22/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$1,862 (−13.2%)

$9,575 + $25,750

$35,325

2024

$2,145 (+8.1%)

$9,575 + $25,750

$35,325

2023

$1,984

$6,650 + $25,925

$32,575

2022

$1,984 (−1.2%)

$6,650 + $25,925

$32,575

2021

$2,008 (+43.6%)

$6,650 + $25,925

$32,575

2020

$1,398

$6,650 + $25,925

$32,575

2019

$1,398

$6,650 + $12,650

$19,300

2018

$1,398 (+76.3%)

$6,650 + $12,650

$19,300

2017

$793 (+7.9%)

$6,650 + $12,650

$19,300

2016

$735

$6,650 + $12,650

$19,300

2014

$735

$6,050 + $10,775

$16,825

Tax history for 4545 Verne Rd

Year

Property tax

Land + Additions

Assessment*

2025

$1,862 (−13.2%)

$9,575 + $25,750

$35,325

2024

$2,145 (+8.1%)

$9,575 + $25,750

$35,325

2023

$1,984

$6,650 + $25,925

$32,575

2022

$1,984 (−1.2%)

$6,650 + $25,925

$32,575

2021

$2,008 (+43.6%)

$6,650 + $25,925

$32,575

2020

$1,398

$6,650 + $25,925

$32,575

2019

$1,398

$6,650 + $12,650

$19,300

2018

$1,398 (+76.3%)

$6,650 + $12,650

$19,300

2017

$793 (+7.9%)

$6,650 + $12,650

$19,300

2016

$735

$6,650 + $12,650

$19,300

2014

$735

$6,050 + $10,775

$16,825

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning
Permits

Beds

Baths

Stories

Lot width

60 ft.

Lot depth

140 ft.

Lot size

8,276

Year renovated

—

Sq. Ft.

1,580

Year built

1950

Style

Single Family Residential

County

Shelby County

APN

066028 00008

Parking Spaces

Basement

Accessible

HOA Dues

—

Garage

Features

—

Last updated by owner on Sep 8, 2026.

R-6

Residential Single Family-6 District

The single-family residential districts are intended to accommodate one single-family detached principal dwelling unit per lot. These districts should be applied in areas where the land-use pattern is predominately single-family residential or where such a land use pattern is desired in the future. Five single-family residential districts are established-R-6 which are differentiated primarily on the basis of minimum lot area and setback requirements. New R-6 districts are generally located in an infill or redevelopment location where similar lot sizes are part of the original fabric of development. Additionally, R-6 districts should have a shared street network with and are generally located at least 500 to 1,000 ft from a CMU-1, CMU-2, CMU-3, or CBD district.

Permitted uses

Include but are not limited to:

Religious facility
Housing-Senior
Infrastructure
Educational / school
Fire house
Police station
Recreation
Park & open space

Oct 7, 2020 • Final

Residential mechanical

Install gas piping for a heating and air conditioning system in the attic. Eliminate the gas connection to the wall heater.

Gas

HVAC

Oct 7, 2020 • Final

Residential plumbing

Replace an electric water heater and install condensation lines for a new heating and air conditioning system in the attic.

HVAC

Plumbing

Water heater

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Parking

Parking Information
# of Covered Parking Spaces: 1
Parking/Storage: Driveway/Pad

Interior

Bedroom Information
# of Bedrooms (Lower): 2
# of Bedrooms: 2
# of Bedrooms: 2
# of Bedrooms Down: 2
Master Bedroom Dimensions:
Master Bedroom Dimensions:

Bathroom Information
# of Baths (Full): 1
# of Bathrooms (Full): 1

Interior Features
# of Rooms: 5
# of Stories: 1
Floors/Ceilings: Other (See Remarks)

Room Information
Living Room Dimensions:
Dining Room Dimensions:
Den/Great Room Dimensions:
Dining Room Dimensions: 0x0
Living Room Dimensions: 0x0
Living/Dining/Kitchen: Separate Living Room
Den/Great Room Dimensions: 0x0
Additional Bedroom/Bathroom Info: All Bedrooms Down

Exterior

Exterior Features
Pool Description: None
Miscellaneous Exterior: Chain Fence, Storage
Exterior/Windows: Brick Veneer

Land Information
Acreage: 0.19

Lot Information
Parcel ID: 066028 00008
Lot #: 375
Lot Size: 60X140
Lot Description: Other (See Remarks)
Area: 759A

Property Information
Detached Single Family
Style: Traditional
Property Construction Status: Existing Property
Year Built: 1950

Financial

Tax Information
Annual City Tax: $1,041
Annual County Tax: $1,104

Financing
Buyer Contributions: 0

Utilities

Utility Information
Heating: Central
Cooling: Central

Location

Multi-Unit Information
Detached Unit Type: General Residential

Location Details
Directions: South on Perkins from Park, Right on Verne.
MAAR Subdivision Name: COLONIAL ACRES

Public facts

Beds: 4
Baths: 2.0
Sq. Ft.: 1,580
Stories: 1.0
Parking Spaces: 1
Basement: No
Accessible: No
Lot Size: 8,276 square feet
Style: Single Family Residential
Year Built: 1950
Year Renovated: —
County: Shelby County
APN: 066028 00008
HOA Dues: —
Garage: No
Features: —

Home facts updated by owner on Sep 8, 2026

Around this home

Schools

Sherwood Elementary School

Public PreK-5 • Assigned • 1.7mi

4/10

Colonial Middle School

Public 6-8 • Assigned • 0.6mi

6/10

Overton High School

Public 9-12 • Assigned • 0.8mi

3/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

6/10 Heat Factor

7 days above 109° expected this year, 21 days in 30 years

4/10 Wind Factor

18% chance of strong winds in next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Memphis, TN • 38117

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

88/ 100

Very good sunlight

Sunscore

This home receives average direct sun exposure in Memphis. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

8.9 hrs

5.7 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$225,000 – $272,000

Sell confidently with a local market expert in Memphis. 3 minutes to get started.

Nearby similar homes

$179,900

3 beds1 bath— sq ft

4910 Helene Rd, Memphis, TN 38117

$229,900

3 beds1.5 baths— sq ft

1442 Walton Rd, Memphis, TN 38117

$228,000

4 beds2 baths— sq ft

1257 S Perkins Rd, Memphis, TN 38117

$194,000

3 beds2 baths— sq ft

4493 Quince Rd, Memphis, TN 38117

$231,800

3 beds2 baths— sq ft

1134 Dearing Rd, Memphis, TN 38117

$312,300

3 beds2 baths— sq ft

4816 Welchshire Dr, Memphis, TN 38117

New listings for sale in 38117

NEW 4 HRS AGO

$219,900

3 beds1 bath— sq ft

1179 Wilmore Rd, Memphis, TN 38117

OPEN SUN, 1PM TO 2PM

$259,000

3 beds1 bath— sq ft

1170 Dearing St, Memphis, TN 38117

NEW 35 HRS AGO

$200,000

4 beds3 baths— sq ft

4418 Quince Rd, Memphis, TN 38117

NEW 1 DAY AGO

$137,500

2 beds2 baths— sq ft

4778 Eagle Crest Dr #3508, Memphis, TN 38117

$225,000

3 beds2 baths— sq ft

4905 Essexshire Ave, Memphis, TN 38117

$220,000

3 beds1 bath— sq ft

5091 Newcastle Ave, Memphis, TN 38117

$149,900

2 beds2 baths— sq ft

1269 Colonial Rd, Memphis, TN 38117

$1,095,000

4 beds6.5 baths— sq ft

42 Wood Grove Dr, Memphis, TN 38117

$335,000

3 beds2 baths— sq ft

5160 Warfield Dr, Memphis, TN 38117

Home values near 4545 Verne Rd

Data from public records.

Address	Redfin Estimate
4539 Verne Road, Memphis, TN 2 Beds \| 1 Baths \| - Sq. Ft.	$162,888
4520 Verne Road, Memphis, TN 3 Beds \| 1 Baths \| 1400 Sq. Ft.	$175,239

Address	Redfin Estimate
4564 Verne Road, Memphis, TN 2 Beds \| 1 Baths \| - Sq. Ft.	$175,117
4551 Verne Road, Memphis, TN 3 Beds \| 1 Baths \| - Sq. Ft.	$155,521

Address	Redfin Estimate
4538 Verne Road, Memphis, TN 3 Beds \| 1 Baths \| 1000 Sq. Ft.	$213,722
4546 Verne Road, Memphis, TN 3 Beds \| 1 Baths \| 1200 Sq. Ft.	$224,597

Property information provided by Memphis Area Association of Realtors(R) MLS when last listed in 2025. This data may not show owner updates. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 38117, TN

Sale history for 4545 Verne Rd

Tax history for 4545 Verne Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 38117

Home values near 4545 Verne Rd

More real estate resources