Great opportunity to renovate or to build a new home. Very private & beautiful lot-.8 acre in heart of East Memphis off Shady Grove Road. Hardwood floors, 2 fireplaces & gas cooking. Home to be sold "AS IS".
Single-familyProperty Type
1952Year Built
0.82 acresLot Size
$219Est. Price/Sq.Ft.
2 spacesParking
Listed by • Hobson Realtors
Listed by • Hobson Realtors
Bought with • Hobson Realtors
Bought with • Hobson Realtors
Source:REALTRACS as Distributed by MLS Grid #3163130
Redfin Estimate
$949,878
$15K since sold in January 2018$8,000 since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 72% higher than the average sale price ($552K) of 6 comparable homes.
Great opportunity to renovate or to build a new home. Very private & beautiful lot-.8 acre in heart of East Memphis off Shady Grove Road. Hardwood floors, 2 fireplaces & gas cooking. Home to be sold "AS IS".
Memphis Area Association of Realtors(R) MLS #9983152
Dec 5, 2016
Sold
$285,000
$66/sq ft
Sep 2, 2016
Price Changed
$320,000
$74/sq ft
Aug 1, 2016
Listed
$335,000
$77/sq ft
Great opportunity to renovate or to build a new home. Very private & beautiful lot-. 8 acre in heart of East Memphis off Shady Grove Road. Hardwood floors, 2 fireplaces & gas cooking. Home to be sold "AS IS".
Year
Property tax
Land + Additions
Assessment*
2025
$15,848 (−2.6%)
$74,675 + $226,000
$300,675
2024
$16,266 (+15.1%)
$74,675 + $226,000
$300,675
2023
$14,133
$54,575 + $192,425
$247,000
2022
$14,133 (−1.2%)
$54,575 + $177,425
$232,000
2021
$14,298 (−6.8%)
$54,575 + $177,425
$232,000
2020
$15,343
$54,575 + $177,425
$232,000
2019
$15,343
$54,575 + $157,175
$211,750
2018
$15,343 (+361.7%)
$54,575 + $157,175
$211,750
2017
$3,323 (+9.3%)
$54,575 + $157,175
$211,750
2016
$3,041
$54,575 + $26,275
$80,850
2014
$3,041
$54,575 + $15,025
$69,600
Tax history for 4963 Roane Rd
Year
Property tax
Land + Additions
Assessment*
2025
$15,848 (−2.6%)
$74,675 + $226,000
$300,675
2024
$16,266 (+15.1%)
$74,675 + $226,000
$300,675
2023
$14,133
$54,575 + $192,425
$247,000
2022
$14,133 (−1.2%)
$54,575 + $177,425
$232,000
2021
$14,298 (−6.8%)
$54,575 + $177,425
$232,000
2020
$15,343
$54,575 + $177,425
$232,000
2019
$15,343
$54,575 + $157,175
$211,750
2018
$15,343 (+361.7%)
$54,575 + $157,175
$211,750
2017
$3,323 (+9.3%)
$54,575 + $157,175
$211,750
2016
$3,041
$54,575 + $26,275
$80,850
2014
$3,041
$54,575 + $15,025
$69,600
*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-10
Residential Single-Family-10 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. 5 single-family residential districts are established-R-10 which are differentiated primarily on the basis of minimum lot area and setback requirements.; New R-10 districts are generally located at least 1,500 to 2,000 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
Mar 11, 2026 • Final
Residential mechanical
Install a new gas line to service an outdoor kitchen and a pool heater.
Gas
Jul 21, 2025 • Final
Residential electrical
Install electrical wiring for a new pool.
Electrical
Pool and hot tub
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: 4
# of 1/2 Baths: 1
Heating & Cooling
Heating Fuel Type: Gas
Heating Type: Central
Fireplace Information
# of Fireplaces: 2
Fireplace Type: 2 Openings
Has Fireplace
Room Information
# of Rooms: 10
Exterior
Exterior Information
Physical Condition: Average
Building Style Type: Traditional
Exterior Wall: Frame Brick
Roof Covering Type: Composition Shingle
Roof Shape Type: Gable
Pool Information
Pool Type: Gunite
Has Pool
Property Information
Subdivision Name: SHADY GROVE ROAD
Living Sq. Ft: 4,330
Ground Floor Sq. Ft: 3,024
Building Sq. Ft: 4,330
# of Stories: 1
Stories Type: 1
Legal Description: E S ROANE ROAD
Parking & Garage Information
Parking Type: Detached Brick Garage
Garage/Parking Sq. Ft: 1,021
Garage / Carport Type: Detached Brick
Lot Information
# of Buildings: 1
Land Sq. Ft: 35,676
Legal Lot Number: 120
Municipality Name: MEMPHIS
Acres: 0.819
Depth Footage: 258
Front Footage: 100
Zoning Code: R-10
County Use Description: SINGLE FAMILY
Financial
Assessor Information
Assessment Year: 2026
Public facts
Beds: 5
Baths: 4.5
Sq. Ft.: 4,330
Stories: 1.0
Lot Size: 0.82 acres
Style: Single Family Residential
Year Built: 1952
Year Renovated: 2014
County: Shelby County
APN: 056014 00016
Home facts updated by county records on Jul 13, 2026
Around this home
Schools
White Station Elementary School
Public PreK-5 • Assigned • 1.1mi
6/10
White Station Middle School
Public 6-8 • Assigned • 1.4mi
8/10
White Station High School
Public 9-12 • Assigned • 0.7mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
4/10 Flood Factor
Estimated 19-29% chance 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
92
77
90
71
88
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
$903,000 – $1.09M
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