Prime Location & Endless Potential! Lovingly cared for by the same family for more than 40 years, this 3-bedroom, 2-bath home offers a wonderful opportunity in a highly desirable location. Situated on a gorgeous lot with mature landscaping, this property is ready for your personal updates—or offers the perfect setting to build your dream home. The existing home features two fireplaces, three bedrooms, two baths, a two-car garage, and a large detached workshop with electricity, providing excellent storage and workspace. A recent appraisal valued the property at $400,000. Being sold by the estate "AS IS". Whether you're looking to renovate, invest, or build a custom home, this property offers tremendous potential in a sought-after location.
Single-familyProperty Type
1954Year Built
0.52 acresLot Size
$166Price/Sq.Ft.
2 car garageParking
Listed by Tammy Bunnell• Crye-Leike Realtors
Contact: 9018704181
Bought with Greg Renfrow• NextHome Cornerstone Realty
Est. $1,823 per month, based on comparable rentals
Sale and tax history for 4968 Cole Rd
Sale History
Tax History
Date
Event
Price
REALTRACS as Distributed by MLS Grid #3613170
Oct 7, 2026
Listed
$369,000
$189/sq ft
Oct 5, 2026
Sold
$325,000
$166/sq ft
Memphis Area Association of Realtors(R) MLS #10228801
Oct 5, 2026
Sold
$325,000
$166/sq ft
Aug 20, 2026
Listed
$369,000
$189/sq ft
+29
Prime Location & Endless Potential! Lovingly cared for by the same family for more than 40 years, this 3-bedroom, 2-bath home offers a wonderful opportunity in a highly desirable location. Situated on a gorgeous lot with mature landscaping, this property is ready for your personal updates—or offers the perfect setting to build your dream home. The existing home features two fireplaces, three bedrooms, two baths, a two-car garage, and a large detached workshop with electricity, providing excellent storage and workspace. A recent appraisal valued the property at $400,000. Being sold by the estate "AS IS". Whether you're looking to renovate, invest, or build a custom home, this property offers tremendous potential in a sought-after location.
Year
Property tax
Land + Additions
Assessment*
2025
$4,724 (−6.7%)
$47,650 + $41,975
$89,625
2024
$5,061 (+8.1%)
$47,650 + $41,975
$89,625
2023
$4,681
$38,250 + $38,600
$76,850
2022
$4,681 (−1.2%)
$38,250 + $38,600
$76,850
2021
$4,736 (+4.6%)
$38,250 + $38,600
$76,850
2020
$4,527
$38,250 + $38,600
$76,850
2019
$4,527
$38,250 + $24,225
$62,475
2018
$4,527 (+76.3%)
$38,250 + $24,225
$62,475
2017
$2,568 (+3.3%)
$38,250 + $24,225
$62,475
2016
$2,486
$38,250 + $24,225
$62,475
2014
$2,486
$38,250 + $18,650
$56,900
Public record
Public record
Zoning
Beds
3
Baths
2
Stories
1
Lot width
117 ft.
Lot depth
195 ft.
Lot size
0.52 Acres
Year renovated
—
Sq. Ft.
1,851
Year built
1954
Style
Single Family Residential
County
Shelby County
APN
056014 00025
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 13, 2026.
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.