This 1-story home features 3 bedrooms, 1 bathroom, and a 1-car attached carport with a functional layout and plenty of potential. The property offers an opportunity for renovation, updating, or customization to make it your own. Spacious yard with room to enjoy outdoor living or future improvements. Property is being sold as is.
Single-familyProperty Type
1955Year Built
7,405 sq ftLot Size
1 spaceParking
Listed by Vicki Testerman• Mainstay Brokerage, LLC
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
Offer insights
4960 Verne Rd · $160,000
$160K and above
75% chance or better to win
Why $160K+ is a strong offer
DAYS ON MARKET
111 days
The average home goes pending in 37 days.
SALE-TO-LIST
96.8%
Most homes are selling 3% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Interior features
Five total rooms
Single-story layout
Floors/ceilings noted as 'Other (See Remarks)'
Bedrooms
Three bedrooms
Bathrooms
One full bathroom
Heating & cooling
Central heating
Central cooling
Exterior features
No pool
Miscellaneous exterior details described as 'Other (See Remarks)'
Exterior/windows described as 'Other (See Remarks)'
Home design
Detached single-family home
Traditional style
Built in 1955
Parking
One covered parking space
Driveway/pad and additional parking/storage noted as 'Other (See Remarks)'
Construction
Existing property
Utilities
Property served by central heating and cooling
Financial info
New financing listed as 'Other (See Remarks)'
Other
Lot listed as 60x125 with acreage of approximately 0.17 acres
Located in the COLONIAL ACRES subdivision
Electricity and solar
View estimated energy costs and solar savings for this home
Memphis Area Association of Realtors(R) MLS #10221908
Aug 19, 2026
Price Changed
$160,000
Jul 31, 2026
Price Changed
$165,619
Jul 9, 2026
Price Changed
$168,999
Jun 24, 2026
Price Changed
$177,999
Jun 10, 2026
Price Changed
$186,900
May 18, 2026
Listed
$195,000
Public Records
Jul 1, 2022
Sold
$400,000
Year
Property tax
Land + Additions
Assessment*
2025
$2,000 (+8.3%)
$9,000 + $28,950
$37,950
2024
$1,847 (+8.1%)
$9,000 + $28,950
$37,950
2023
$1,709
$6,250 + $21,800
$28,050
2022
$1,709 (−1.2%)
$6,250 + $21,800
$28,050
2021
$1,729 (+9.7%)
$6,250 + $21,800
$28,050
2020
$1,576
$6,250 + $21,800
$28,050
2019
$1,576
$6,250 + $15,500
$21,750
2018
$1,576 (+76.3%)
$6,250 + $15,500
$21,750
2017
$894 (−0.5%)
$6,250 + $15,500
$21,750
2016
$898
$6,250 + $15,500
$21,750
2014
$898
$7,250 + $13,300
$20,550
Public record
Public record
Zoning
Permits
Beds
3
Baths
1
Stories
1
Lot width
60 ft.
Lot depth
125 ft.
Lot size
7,500 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
968
Unfinished Sq. Ft.
—
Total Sq. Ft.
968
Year built
1955
Style
Single Family Residential
County
Shelby County
APN
066081 00019
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
Feb 28, 2024 • Final
Residential mechanical
Replace the condenser unit on a residential building.
HVAC
Aug 29, 2022 • Active
Residential electrical
Reconnect a condenser unit.
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.
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
75/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
6.5 hrs
5.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 4960 Verne Rd
$154,695
$5,305 under list price of $160K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $150K to $215K.