SOLD IN BULK AS PART OF A PACKAGE OF 14 Terrific investment opportunity! Professionally managed and cash flowing home currently rented for $1150/mo. Market rent is closer to $1200/mo. Seller has multiple properties for sale. Bulk offers STRONGLY PREFERRED as Seller seeks to do a 1031x with the proceeds. Lease and ledger available upon request. Do not approach or disturb tenant. Property is a 2/1 in a GREAT location with owner occupant demand. SEE PHOTOS FOR FULL LIST. Total Price: 1.76m Rent: $13,215/mo Lease ends 8/31/25
Memphis Area Association of Realtors(R) MLS #10180687
Oct 23, 2024
Sold
$100,000
$119/sq ft
Sep 6, 2024
Listed
$130,000
$155/sq ft
SOLD IN BULK AS PART OF A PACKAGE OF 14 Terrific investment opportunity! Professionally managed and cash flowing home currently rented for $1150/mo. Market rent is closer to $1200/mo. Seller has multiple properties for sale. Bulk offers STRONGLY PREFERRED as Seller seeks to do a 1031x with the proceeds. Lease and ledger available upon request. Do not approach or disturb tenant. Property is a 2/1 in a GREAT location with owner occupant demand. SEE PHOTOS FOR FULL LIST. Total Price: 1.76m Rent: $13,215/mo Lease ends 8/31/25
Public Records
May 25, 2021
Sold
$248,750
$296/sq ft
Public Records
Mar 28, 2005
Sold
$69,500
$83/sq ft
Memphis Area Association of Realtors(R) MLS #2584399
Mar 15, 2005
Sold
$64,200
$76/sq ft
Nov 8, 2004
Listed
$69,900
$83/sq ft
CHARMING 2BR 1BATH GREAT STARTER HOME. LARGE INVITING LIVING ROOM. LOTS OF UPDATES. NEW FLOOR IN THE KITCHEN, NEW BERBER CARPET. CURRENT PAINT COLORS CUTE & NEAT AS CAN BE!!STORAGE HOUSE W/ HEAT/AIR NOW USED AS OFFICE.
Public Records
Apr 30, 1997
Sold
$48,000
$57/sq ft
Public Records
Jul 1, 1968
Sold
$10,608
$13/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,741 (−15.0%)
$9,575 + $23,450
$33,025
2024
$2,048 (+8.1%)
$9,575 + $23,450
$33,025
2023
$1,895
$6,650 + $24,450
$31,100
2022
$1,895 (−1.2%)
$6,650 + $24,450
$31,100
2021
$1,917 (+45.7%)
$6,650 + $24,450
$31,100
2020
$1,315
$6,650 + $24,450
$31,100
2019
$1,315
$6,650 + $11,500
$18,150
2018
$1,315 (+76.3%)
$6,650 + $11,500
$18,150
2017
$746 (+1.4%)
$6,650 + $11,500
$18,150
2016
$736
$6,650 + $11,500
$18,150
2014
$736
$6,050 + $10,800
$16,850
Tax history for 4601 Verne Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,741 (−15.0%)
$9,575 + $23,450
$33,025
2024
$2,048 (+8.1%)
$9,575 + $23,450
$33,025
2023
$1,895
$6,650 + $24,450
$31,100
2022
$1,895 (−1.2%)
$6,650 + $24,450
$31,100
2021
$1,917 (+45.7%)
$6,650 + $24,450
$31,100
2020
$1,315
$6,650 + $24,450
$31,100
2019
$1,315
$6,650 + $11,500
$18,150
2018
$1,315 (+76.3%)
$6,650 + $11,500
$18,150
2017
$746 (+1.4%)
$6,650 + $11,500
$18,150
2016
$736
$6,650 + $11,500
$18,150
2014
$736
$6,050 + $10,800
$16,850
*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
2
Baths
1
Stories
1
Lot width
60 ft.
Lot depth
57 ft.
Lot size
7,600 Sq. Ft.
Year renovated
—
Sq. Ft.
840
Year built
1952
Style
Single Family Residential
County
Shelby County
APN
066033 00002
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 plumbing
Install a new electrical 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.
Property details
Parking
Parking Information
Parking Total: 0
Parking Features: Parking Pad
Interior
Bedroom Information
# of Bedrooms: 2
Bathroom Information
# of Full Baths (Total): 1
Heating & Cooling
Has Heating
Heating Information: Central
Has Cooling
Cooling Information: Central Air
Interior Features
Interior Features: Pantry
Flooring: Carpet
Exterior
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Above Grade Finished Area Units: Square Feet
Above Grade Finished Area Source: Assessor
Below Grade Finished Area Units: Square Feet
Below Grade Finished Area Source: Assessor
Lot Information
Lot Size Area: 0.17
Lot Size Units: Acres
Lot Size Acres: 0.17
Lot Size Dimensions: 60X57
Financial
Tax Information
Tax Annual Amount: $1,894
Location
HOA Information
Association Amenities: Sidewalks
Location Information
Directions: Take I-240 to Mt Moriah Rd exit, EXIT 17. Keep right to take the Mt Moriah Rd N ramp. Merge onto Mount Moriah Rd. Turn left onto Quince Rd. Turn right onto S Perkins Rd. Turn left onto Verne Rd. Home is on the left.
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 840
Stories: 1.0
Lot Size: 7,600 square feet
Style: Single Family Residential
Year Built: 1952
Year Renovated: —
County: Shelby County
APN: 066033 00002
Home facts updated by county records on Jul 13, 2026
Other
Home Information
Living Area: 840
Living Area Units: Square Feet
Living Area Source: Assessor
Building Area Total: 840
Building Area Units: Square Feet
Building Area Source: Assessor
Year Built Details: Existing
Levels: Three Or More
Around this home
Schools
Sherwood Elementary School
Public PreK-5 • Assigned • 1.8mi
4/10
Colonial Middle School
Public 6-8 • Assigned • 0.5mi
6/10
Overton High School
Public 9-12 • Assigned • 0.7mi
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
7/10 Heat Factor
7 days above 109° expected this year, 22 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
Estimated sale price
$135,000 – $164,000
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