MUST SEE beautiful ranch-style home in Colonial Acres! Featuring an open layout, hardwood floors, spacious bedrooms, and a large backyard, this home has plenty to love. The kitchen was completely renovated in 2023 and features quartz countertops and stainless steel appliances that remain. Other highlights include an updated bathroom, generous closet space, a laundry closet with washer and dryer included, and an additional room that can serve as a third bedroom, home office, flex space, or bonus room. Recent updates include brand-new windows throughout in 2026, a 2023 water heater, and roof and HVAC systems from 2019. The backyard offers plenty of room for entertaining, pets, or play and features a newer fence with an access gate. Additional features include a Nest thermostat and SimpliSafe security system with outdoor camera, both of which will remain with the home. Come check out this Colonial Acres gem for yourself!
Colonial Acres, located between East Parkway and I-240, is a residential and mid-century Memphis neighborhood with ranch-style streetscapes and a leafy, park-adjacent feel. The neighborhood’s character concentrates around the Park Avenue and Getwell Road corridor, where low-slung storefronts, local eateries, and everyday services set a steady, lived-in rhythm. Housing leans toward brick one-stories and tidy lots, with curving blocks that soften traffic and add a suburban cadence inside the city. The edge of the area ties into the green expanse of Audubon Park and the Memphis Botanic Garden for long walks and open lawns. Nearby anchors like the Dixon Gallery & Gardens and Theatre Memphis add a cultural counterpoint to the quiet blocks. Errands and dining cluster along Park and Poplar, keeping the geography practical without changing the calm tone.
Provided by Walk Score and Local Logic
Market insights
4555 Verne Rd · $224,900
DAYS ON MARKET
1 days
The average home goes pending in 37 days.
SALE-TO-LIST
96.9%
Most homes are selling 3% below list price.
LIST PRICE
$224,900
Median sale price in this area is $279,084. (24% higher than this home)
PRICE DROP
0 price drops
23% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Interior features
Five total rooms
Living room and dining room combination
Kitchen updated/renovated with breakfast bar (kitchen/dining room combo)
Laundry closet
Attic
Renovated bathroom
Bedrooms
Three bedrooms, all on the main level
Primary bedroom on main level with carpet
Bedrooms 2 and 3 on main level with hardwood floors
Bathrooms
One full bathroom with tile flooring
Primary bath has tile floor
Kitchen
Range/oven
Disposal
Dishwasher
Microwave
Refrigerator
Updated/renovated kitchen with breakfast bar
Laundry & utility
Washer and dryer included
Laundry closet
Flooring
Part hardwood
Part carpet
Tile
Heating & cooling
Central heating
Central air conditioning
Cable available
Exterior features
Wrought iron security doors
Porch
Brick veneer and wood/composition exterior
Double-pane windows
Storm doors
Level, landscaped yard
Wood fenced yard
Home design
Detached single-family ranch
Single-story
Existing property
Has termite contract
Built in 1950
Parking
One covered parking space
Driveway/pad
On-street parking
Security
Monitored alarm system
Smoke detectors
Iron doors
Deadbolt locks
Construction
Brick veneer and wood/composition siding
Built in 1950
Utilities
Public water
Public sewer
Electricity and solar
View estimated energy costs and solar savings for this home
Memphis Area Association of Realtors(R) MLS #10230153
Sep 10, 2026
Listed
$224,900
Memphis Area Association of Realtors(R) MLS #10100993
Jul 1, 2021
Sold
$196,500
Jun 4, 2021
Listed
$195,000
+12
Great property with such terrific updates. Updated Colonial Acres under $200k! 3 rooms that could be 3 bedrooms with one being a pass through, or 2 bedrooms and a back den. Hardwood floors that you love with beautiful natural light, and large backyard. Separate laundry room. All NEW in 2019: roof, HVAC system, updated kitchen with bar added and with all new appliances, updated bath, new paint inside and out. Fridge and washer/dryer stay. Too cute to pass up.
REALTRACS as Distributed by MLS Grid #3026758
Apr 3, 2019
Sold
$80,100
Memphis Area Association of Realtors(R) MLS #10048240
Apr 3, 2019
Sold
$80,100
Mar 19, 2019
Listed
$74,000
+5
Great Investment opportunity or starter home in Colonial Acres. Large backyard, hardwood laminate floors, cute kitchen.
Public Records
Jan 8, 2004
Sold
$71,800
Public Records
Jan 22, 1968
Sold
$11,068
Public Records
May 18, 1965
Sold
$10,300
Year
Property tax
Land + Additions
Assessment*
2025
$2,768 (+35.2%)
$9,575 + $42,950
$52,525
2024
$2,048 (+8.1%)
$9,575 + $42,950
$52,525
2023
$1,895
$6,650 + $24,450
$31,100
2022
$1,895 (−1.2%)
$6,650 + $24,450
$31,100
2021
$1,917 (+28.6%)
$6,650 + $24,450
$31,100
2020
$1,491
$6,650 + $24,450
$31,100
2019
$1,491
$6,650 + $13,925
$20,575
2018
$1,491 (+76.3%)
$6,650 + $13,925
$20,575
2017
$846 (−7.4%)
$6,650 + $13,925
$20,575
2016
$913
$6,650 + $13,925
$20,575
2014
$913
$6,050 + $14,850
$20,900
Public record
Public record
Zoning
Permits
Beds
2
Baths
1
Stories
1
Lot width
60 ft.
Lot depth
140 ft.
Lot size
8,400 Sq. Ft.
Year renovated
2006
Finished Sq. Ft.
1,090
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,090
Year built
1950
Style
Single Family Residential
County
Shelby County
APN
066028 00010
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 14, 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 electrical
Install a new dryer circuit and replace the electrical service panel with equivalent equipment.
Electrical
Oct 7, 2020 • Final
Residential plumbing
Remove and replace a water heater.
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.
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)
47
30
57
38
72
50
78
58
79
63
88
72
93
77
90
71
86
68
78
57
66
49
54
40
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.5 hours in
June and 4.8 hours in December, placing it above the
U.S. average for solar exposure.
10.5 hrs
4.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 4555 Verne Rd
$224,560
$340 under list price of $225K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $89K to $224K.