For sale

Price cut: $10K (4/25)

$305,000

4888 Verne Rd, Memphis, TN 38117

4beds

1,437sqft

Est.: Get pre-qualified

Single Family Residence

Built in 1955

7,840 Square Feet Lot

$302,600 Zestimate^®

$212/sqft

$-- HOA

What's special

Contemporary fixturesModern kitchenSleek cabinetryNew stainless-steel appliancesUpdated lightingQuartz countertopsNew vanities

Assumable 3.5% Interest Rate | Approx. $1,993 Monthly Payment (Qualification Required) 4 Bedrooms | 2 Bathrooms | Completely Remodeled in 2022 Take advantage of this rare assumable loan opportunity and lock in a low 3.5% interest rate—a major savings compared to today’s market rates! With a monthly payment around $1,993 this beautiful East Memphis home offers both style and affordability. Completely renovated in 2022, this 4-bedroom, 2-bath home feels brand new from top to bottom. Inside, you’ll find luxury vinyl plank flooring, updated lighting, and fresh neutral paint throughout. The modern kitchen features new stainless-steel appliances, quartz countertops, and sleek cabinetry, ideal for cooking and entertaining. Both bathrooms were fully redesigned with custom tile work, new vanities, and contemporary fixtures. A new roof, HVAC systems, and hot water tank (all installed in 2022) provide peace of mind for years to come.

201 days

168

12

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Area: 100
Dimensions: 10 x 10

Dining room

Area: 64
Dimensions: 8 x 8

Living room

Features: LR/DR Combination
Area: 64
Dimensions: 8 x 8

Den

Area: 81
Dimensions: 9 x 9

Heating

Natural Gas

Cooling

Central Air

Features

All Bedrooms Down, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
Flooring: Wood Laminate Floors
Has fireplace: No

Interior area

Total interior livable area: 1,437 sqft

Video & virtual tour

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Property

Parking

Total spaces: 1
Parking features: Driveway/Pad
Covered spaces: 1
Has uncovered spaces: Yes

Features

Stories: 1
Patio & porch: Covered Patio
Pool features: None

Lot

Size: 7,840 Square Feet
Dimensions: 62 x 124
Features: Corner Lot, Some Trees

Details

Parcel number: 066081 00031

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Materials

Brick Veneer

Condition

New construction: No
Year built: 1955

Community & HOA

Community

Subdivision: Colonial Hills

Location

Region: Memphis

Financial & listing details

Price per square foot: $212/sqft
Tax assessed value: $280,900
Annual tax amount: $3,961
Price range: $305K - $305K
Date on market: 11/12/2025
Cumulative days on market: 202 days

Estimated market value

$302,600

$287,000 - $318,000

$1,583/mo

Price history

Date	Event	Price
4/25/2026	Price change	$305,000-3.2%$212/sqft
Source: MAAR #10209600 Report a problem
2/18/2026	Price change	$315,000-1.5%$219/sqft
Source: MAAR #10209600 Report a problem
2/3/2026	Price change	$319,900-1.6%$223/sqft
Source: MAAR #10209600 Report a problem
1/4/2026	Price change	$325,000-1.5%$226/sqft
Source: MAAR #10209600 Report a problem
11/21/2025	Price change	$330,000-1.5%$230/sqft
Source: MAAR #10209600 Report a problem
11/12/2025	Listed for sale	$335,000+9.5%$233/sqft
Source: MAAR #10209600 Report a problem
3/24/2022	Sold	$306,000+5.6%$213/sqft
Source: MAAR #10116944 Report a problem
2/27/2022	Contingent	$289,900$202/sqft
Source: MAAR #10116944 Report a problem
2/27/2022	Pending sale	$289,900$202/sqft
Source: MAAR #10116944 Report a problem
2/9/2022	Listed for sale	$289,900$202/sqft
Source: MAAR #10116944 Report a problem
2/7/2022	Pending sale	$289,900$202/sqft
Source: MAAR #10116944 Report a problem
2/4/2022	Listed for sale	$289,900+109.4%$202/sqft
Source: MAAR #10116944 Report a problem
9/23/2021	Sold	$138,462+27%$96/sqft
Source: Public Record Report a problem
2/20/2006	Sold	$109,000$76/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,701 -6.6%	$70,225 +16.7%
2024	$3,961 +8.1%	$60,150
2023	$3,664	$60,150 +34.6%
2022	--	$44,700
2021	--	$44,700 +63.7%
2020	$873	$27,300
2019	$873 -21.1%	$27,300
2018	$1,106 -45.1%	$27,300
2017	$2,015 +93.1%	$27,300 -11.1%
2016	$1,044 +7.3%	$30,700
2014	$973	$30,700
2013	--	$30,700 +0.7%
2012	--	$30,500
2011	--	$30,500
2010	--	$30,500
2009	--	$30,500 +17.4%
2008	--	$25,975
2007	--	$25,975
2006	--	$25,975
2005	--	$25,975 +8.9%
2004	--	$23,850
2003	--	$23,850
2002	--	$23,850
2001	--	$23,850 +24.5%
2000	--	$19,150

Find assessor info on the county website

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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