Pending

$369,000

4968 Cole Rd, Memphis, TN 38117

3beds

1,952sqft

$2,468/mo

Get pre-qualified

Single Family Residence

Built in 1954

0.52 Acres Lot

$353,600 Zestimate^®

$189/sqft

$-- HOA

What's special

Two fireplacesTwo-car garageTwo bathsGorgeous lotThree bedroomsMature landscaping

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.

18 days
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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Features: Tile Floor
Level: First
Area: 154
Dimensions: 11 x 14

Bedroom 2

Area: 132
Dimensions: 12 x 11

Bedroom 3

Area: 154
Dimensions: 11 x 14

Primary bathroom

Features: Full Bath

Dining room

Features: Separate Dining Room
Area: 121
Dimensions: 11 x 11

Kitchen

Features: Separate Breakfast Room, Pantry, Washer/Dryer Connections
Area: 132
Dimensions: 11 x 12

Living room

Features: Separate Living Room, Great Room
Area: 240
Dimensions: 16 x 15

Den

Area: 380
Dimensions: 20 x 19

Heating

Central

Cooling

Central Air

Appliances

Included: Range/Oven, Disposal, Dishwasher, Refrigerator, Washer, Dryer
Laundry: Laundry Room

Features

All Bedrooms Down, Primary Down, Smooth Ceiling, Cable Wired, Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Breakfast Room, Bonus Room, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
Flooring: Hardwood, Tile
Doors: Storm Door(s)
Windows: Wood Frames
Basement: Crawl Space
Attic: Permanent Stairs
Number of fireplaces: 2
Fireplace features: Masonry, Living Room, In Den/Great Room

Interior area

Total interior livable area: 1,952 sqft

Property

Parking

Total spaces: 2
Parking features: Driveway/Pad, Storage, Workshop in Garage
Covered spaces: 2
Has uncovered spaces: Yes

Features

Stories: 1
Patio & porch: Porch, Patio
Pool features: None
Fencing: Wood Fence

Lot

Size: 0.52 Acres
Dimensions: 117 x 195
Features: Some Trees, Level

Details

Additional structures: Storage
Parcel number: 056014 00025

Construction

Type & style

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

Materials

Brick Veneer
Foundation: Slab
Roof: Composition Shingles

Condition

New construction: No
Year built: 1954

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Security: Security System
Subdivision: Shady Grove Road

Location

Region: Memphis

Financial & listing details

Price per square foot: $189/sqft
Tax assessed value: $358,500
Annual tax amount: $4,724
Price range: $369K - $369K
Date on market: 8/20/2026
Cumulative days on market: 19 days

Estimated market value

$353,600

$336,000 - $371,000

$2,103/mo

Price history

Date	Event	Price
9/4/2026	Pending sale	$369,000$189/sqft
Source: MAAR #10228801 Report a problem
8/20/2026	Listed for sale	$369,000$189/sqft
Source: MAAR #10228801 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,724 -6.7%	$89,625 +16.6%
2024	$5,061 +8.1%	$76,850
2023	$4,681	$76,850
2022	--	$76,850
2021	--	$76,850 +23%
2020	$1,997	$62,475
2019	$1,997 -21.1%	$62,475
2018	$2,530 -45.1%	$62,475
2017	$4,612 +138.4%	$62,475 +9.8%
2016	$1,935 +6.1%	$56,900
2014	$1,823	$56,900
2013	--	$56,900 -0.5%
2012	--	$57,175
2011	--	$57,175
2010	--	$57,175 -10.6%
2009	--	$63,950 +30.2%
2008	--	$49,125
2007	--	$49,125
2006	--	$49,125 -14%
2005	--	$57,125 +30.6%
2004	--	$43,750
2003	--	$43,750
2002	--	$43,750 -29.1%
2001	--	$61,725 +63.1%
2000	--	$37,850