For sale

$579,999

5050 Cole Rd, Memphis, TN 38117

5beds

3,173sqft

$3,917/mo

Get pre-qualified

Single Family Residence

Built in 1968

0.29 Acres Lot

$553,900 Zestimate^®

$183/sqft

$-- HOA

What's special

Additional storage buildingEat-in kitchenLiving and dining areasVersatile floor planFlexible layout

Spacious 5-bedroom, 3.5-bath home featuring a versatile floor plan with 3 bedrooms downstairs, including the primary suite with private bath and walk-in closet. Living and dining areas, great room w/masonry FP and an eat-in kitchen. Upstairs offers 2 additional bedrooms and a full bath, providing plenty of space for family, guests, home office or hobbies. Situated on a wooded lot with mature trees, driveway/pad, workshop and additional storage building. Plenty of space, a flexible layout and a great East Memphis location. Seller is offering 3% towards buyer's closing costs with acceptable offer! Come see the possibilities!

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 4
Full bathrooms: 3
1/2 bathrooms: 1

Primary bedroom

Features: Walk-In Closet(s)
Level: First
Dimensions: 0 x 0

Bedroom 2

Features: Shared Bath
Level: First
Dimensions: 0 x 0

Bedroom 3

Features: Shared Bath
Level: First
Dimensions: 0 x 0

Bedroom 4

Level: Second
Dimensions: 0 x 0

Bedroom 5

Level: Second
Dimensions: 0 x 0

Primary bathroom

Features: Full Bath

Dining room

Dimensions: 0 x 0

Kitchen

Features: Eat-in Kitchen, Washer/Dryer Connections
Dimensions: 0 x 0

Living room

Features: Separate Living Room, Great Room
Dimensions: 0 x 0

Den

Dimensions: 0 x 0

Heating

Central, Natural Gas

Cooling

Ceiling Fan(s), Central Air

Appliances

Included: Range/Oven, Disposal, Refrigerator
Laundry: Laundry Closet

Features

1 or More BR Down, Primary Down, Cedar Closet(s), Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, 4th or More Bedrooms, 1 Bath, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
Flooring: Wood Laminate Floors, Part Carpet, Tile
Windows: Window Treatments
Number of fireplaces: 1
Fireplace features: Masonry

Interior area

Total interior livable area: 3,173 sqft

Property

Parking

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

Features

Stories: 1.5
Pool features: None

Lot

Size: 0.29 Acres
Dimensions: 91 x 139
Features: Wooded, Some Trees

Details

Additional structures: Storage
Parcel number: 056026 00016

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: 1968

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Carlene

Location

Region: Memphis

Financial & listing details

Price per square foot: $183/sqft
Tax assessed value: $492,200
Annual tax amount: $6,486
Price range: $580K - $580K
Date on market: 9/22/2026
Cumulative days on market: 2 days
Listing terms: Conventional,FHA,VA Loan

Estimated market value

$553,900

$526,000 - $582,000

$3,823/mo

Price history

Date	Event	Price
9/22/2026	Listed for sale	$579,999+792.3%$183/sqft
Source: MAAR #10230863 Report a problem
5/31/1974	Sold	$65,000$20/sqft
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,486 +1.2%	$123,050 +26.4%
2024	$6,409 +8.1%	$97,325
2023	$5,929	$97,325
2022	--	$97,325
2021	--	$97,325 +14.3%
2020	$2,721	$85,125
2019	$2,721 -21.1%	$85,125
2018	$3,448 -45.1%	$85,125
2017	$6,283 +118.8%	$85,125 +0.8%
2016	$2,871 +6.3%	$84,450
2014	$2,700	$84,450
2013	--	$84,450 +9.7%
2012	--	$77,000 -9.1%
2011	--	$84,675
2010	--	$84,675
2009	--	$84,675 +14.3%
2008	--	$74,075
2007	--	$74,075
2006	--	$74,075
2005	--	$74,075 +2.4%
2004	--	$72,325
2003	--	$72,325
2002	--	$72,325
2001	--	$72,325 +1.5%
2000	--	$71,225