LOCATED IN COLONIAL ACRES just 3 miles from major shopping and in two optional schools area - Willow Rd Elem and Overton High (within walking distance to both). This 3 bedroom home features spacious living /dining room combo, and eat-in kitchen. Hardwood floors and fresh carpet. Very shady corner lot with wood fenced backyard. Refrigerator included. Great neighborhood! Super value! Make offer !
Single-familyProperty Type
1956Year Built
9,941 sq ftLot Size
$155Est. Price/Sq.Ft.
Listed by Bruce Johnson• mlsAssist
Bought with James Anson Underwood• Crye-Leike, Inc., REALTORS
Source:Memphis Area Association of Realtors(R) MLS #9930100
Redfin Estimate
$158,123
$51K since sold in October 2020$6,000 since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 4.6% lower than the average sale price ($166K) of 6 comparable homes.
Memphis Area Association of Realtors(R) MLS #9930100
Jul 28, 2014
Sold
$54,500
$53/sq ft
Jun 25, 2014
Listed
$57,000
$56/sq ft
+19
LOCATED IN COLONIAL ACRES just 3 miles from major shopping and in two optional schools area - Willow Rd Elem and Overton High (within walking distance to both). This 3 bedroom home features spacious living /dining room combo, and eat-in kitchen. Hardwood floors and fresh carpet. Very shady corner lot with wood fenced backyard. Refrigerator included. Great neighborhood! Super value! Make offer !
Public Records
Jan 5, 2004
Sold
$60,000
$59/sq ft
Memphis Area Association of Realtors(R) MLS #2539151
Dec 12, 2003
Sold
$56,500
$55/sq ft
May 19, 2003
Listed
$69,900
$68/sq ft
Third party owner. Needs cosmetics but a good value. Make a reasonable offer as is.
Year
Property tax
Land + Additions
Assessment*
2025
$1,858 (+7.5%)
$7,875 + $27,375
$35,250
2024
$1,729 (+8.1%)
$7,875 + $27,375
$35,250
2023
$1,599
$4,700 + $21,550
$26,250
2022
$1,599 (−1.2%)
$4,700 + $21,550
$26,250
2021
$1,618 (+31.3%)
$4,700 + $21,550
$26,250
2020
$1,232
$4,700 + $21,550
$26,250
2019
$1,232
$4,700 + $12,300
$17,000
2018
$1,232 (+76.3%)
$4,700 + $12,300
$17,000
2017
$699 (−8.5%)
$4,700 + $12,300
$17,000
2016
$764 (−11.8%)
$4,700 + $12,300
$17,000
2014
$866
$5,225 + $14,600
$19,825
Tax history for 4938 Willow Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,858 (+7.5%)
$7,875 + $27,375
$35,250
2024
$1,729 (+8.1%)
$7,875 + $27,375
$35,250
2023
$1,599
$4,700 + $21,550
$26,250
2022
$1,599 (−1.2%)
$4,700 + $21,550
$26,250
2021
$1,618 (+31.3%)
$4,700 + $21,550
$26,250
2020
$1,232
$4,700 + $21,550
$26,250
2019
$1,232
$4,700 + $12,300
$17,000
2018
$1,232 (+76.3%)
$4,700 + $12,300
$17,000
2017
$699 (−8.5%)
$4,700 + $12,300
$17,000
2016
$764 (−11.8%)
$4,700 + $12,300
$17,000
2014
$866
$5,225 + $14,600
$19,825
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning and permits
Zoning
Permits
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
Replace the electrical meter riser and service panel.
Electrical
Electric meter
Oct 7, 2020 • Final
Residential mechanical
Install a new furnace and coil.
HVAC
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
Interior
Bathroom Information
# of Full Baths: 1
Heating & Cooling
Heating Fuel Type: Gas
Heating Type: Central
Room Information
# of Rooms: 5
Exterior
Exterior Information
Physical Condition: Average
Building Style Type: Cottage/Bungalow
Exterior Wall: Brick Veneer
Roof Covering Type: Composition Shingle
Roof Shape Type: Hip
Property Information
Subdivision Name: COLONIAL VILLAGE D
Living Sq. Ft: 1,022
Ground Floor Sq. Ft: 1,022
Building Sq. Ft: 1,022
# of Stories: 1
Stories Type: 1
Lot Information
# of Buildings: 1
Land Sq. Ft: 9,941
Legal Lot Number: 385
Municipality Name: MEMPHIS
Acres: 0.2282
Depth Footage: 96
Front Footage: 95
Zoning Code: R-6
County Use Description: SINGLE FAMILY
Financial
Assessor Information
Assessment Year: 2026
Public facts
Beds: 3
Baths: 1.0
Sq. Ft.: 1,022
Stories: 1.0
Lot Size: 9,941 square feet
Style: Single Family Residential
Year Built: 1956
Year Renovated: —
County: Shelby County
APN: 066075 00014
Home facts updated by county records on Jul 13, 2026
Around this home
Schools
Sea Isle Elementary School
Public PreK-5 • Assigned • 0.8mi
4/10
Colonial Middle School
Public 6-8 • Assigned • 0.6mi
6/10
Overton High School
Public 9-12 • Assigned • 0.4mi
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
2/10 Fire Factor
0.00% chance of being in a wildfire in next 30 years
7/10 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
Estimated sale price
$151,000 – $182,000
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