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.
For sale
Price cut: $4.9K (2/18)
$315,000
4888 Verne Rd, Memphis, TN 38117
4beds
1,437sqft
Est.:
Single Family Residence
Built in 1955
7,840.8 Square Feet Lot
$311,800 Zestimate®
$219/sqft
$-- HOA
What's special
Contemporary fixturesModern kitchenSleek cabinetryNew stainless-steel appliancesUpdated lightingQuartz countertopsNew vanities
- 155 days |
- 441 |
- 44 |
Zillow last checked:
Listing updated:
Listed by:
Jonathan T Webb,
Real Broker 844-591-7325
Source: MAAR,MLS#: 10209600
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
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: 7,840.8 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: $219/sqft
- Tax assessed value: $280,900
- Annual tax amount: $3,961
- Price range: $315K - $315K
- Date on market: 11/12/2025
- Cumulative days on market: 155 days
Estimated market value
$311,800
$296,000 - $327,000
$1,595/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 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
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
Monthly payment
Est. payment
$1,777/mo
Principal & interest
$1525
Property taxes
$252
More affordability tools
Climate risks
Neighborhood: East Memphis-Colonial-Yorkshire
Nearby schools
GreatSchools rating
- 4/10Sea Isle Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 6/10Colonial Middle SchoolGrades: 6-8Distance: 0.2 mi
- 3/10Overton High SchoolGrades: 9-12Distance: 0.7 mi
A local agent can set up tours, give advice and negotiate with sellers.
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