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Sold for $39,900
  • $39,900

    185 Vernelle Ave, Memphis, TN 38109

    3beds
    868sqft
    Single Family Residence
    Built in 1960
    6,098 Square Feet Lot
    $119,100 Zestimate®
    $46/sqft
    $991 Estimated rent

    Home value

    $119,100

    $113,000 - $125,000

    $991/mo

    Zestimate® history
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    $991/mo

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    $201/mo

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    What's special

    Opportunity awaits with this well-built 3-bedroom, 1-bath brick home located in a desirable area with strong investment potential. The property features a solid structure and a newish roof, providing a great starting point for your renovation vision. While the interior needs a rehab, the home offers excellent potential for investors, flippers, or buyers looking to renovate and create their ideal space. With the right improvements, this property could be a great addition to an investment portfolio or a rewarding rehab project for an owner-occupant. Cash offers only. Don’t miss the chance to unlock the value and possibilities this property has to offer.

    Zillow last checked:

    Listing updated:

    Listed by:

    Donnie K Morrow,

    eXp Realty, LLC,

    Chris E Johnston,

    eXp Realty, LLC

    Bought with:

    Victoria R Brown

    4 Success Realty, LLC

    Source: MAAR,MLS#: 10216527MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Primary bedroom
    • Level: First
    • Dimensions: 0 x 0
    Dining room
    • Dimensions: 0 x 0
    Living room
    • Features: LR/DR Combination
    • Dimensions: 0 x 0
    Den
    • Dimensions: 0 x 0
    Heating
    • Natural Gas, Wall Furnace
    Cooling
    • Window Unit(s)
    Features
    • 1 or More BR Down, All Bedrooms Down, Primary Down, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
    • Flooring: Part Carpet, Part Hardwood
    • Has fireplace: No
    Interior area
    • Total interior livable area: 868 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Driveway/Pad
    • Covered spaces: 1
    • Has uncovered spaces: Yes
    Features
    • Stories: 1
    • Pool features: None
    Lot
    • Size: 6,098 Square Feet
    • Dimensions: 40 x 154
    • Features: Some Trees
    Details
    • Parcel number: 075087 00130

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence
    Materials
    • Brick Veneer
    Condition
    • New construction: No
    • Year built: 1960

    Community & HOA

    Community
    • Security: Wrought Iron Security Drs
    • Subdivision: J E Walker Homes
    Location
    • Region: Memphis

    Financial & listing details

    • Price per square foot: $46/sqft
    • Tax assessed value: $36,800
    • Annual tax amount: $484
    • Price range: $39.9K - $39.9K
    • Date on market: 3/11/2026
    • Cumulative days on market: 3 days

    Price history

    DateEventPrice
    9/24/2026Listing removed$123,000$142/sqft
    Source: MAAR #10220436 Report a problem
    9/9/2026Price change$123,000-0.1%$142/sqft
    Source: MAAR #10220436 Report a problem
    8/26/2026Price change$123,099-0.1%$142/sqft
    Source: MAAR #10220436 Report a problem
    8/12/2026Price change$123,199-0.1%$142/sqft
    Source: MAAR #10220436 Report a problem
    8/1/2026Price change$123,299-0.1%$142/sqft
    Source: MAAR #10220436 Report a problem
    7/24/2026Price change$123,399-0.1%$142/sqft
    Source: MAAR #10220436 Report a problem
    7/16/2026Price change$123,499-0.1%$142/sqft
    Source: MAAR #10220436 Report a problem
    7/13/2026Price change$123,599-0.1%$142/sqft
    Source: MAAR #10220436 Report a problem
    6/20/2026Price change$123,699-0.1%$143/sqft
    Source: MAAR #10220436 Report a problem
    6/14/2026Price change$123,799-0.1%$143/sqft
    Source: MAAR #10220436 Report a problem
    6/10/2026Price change$123,900-0.1%$143/sqft
    Source: MAAR #10220436 Report a problem
    5/27/2026Price change$124,000-0.3%$143/sqft
    Source: MAAR #10220436 Report a problem
    5/16/2026Price change$124,399-0.1%$143/sqft
    Source: MAAR #10220436 Report a problem
    5/12/2026Price change$124,499-0.4%$143/sqft
    Source: MAAR #10220436 Report a problem
    5/3/2026Price change$124,999-3.8%$144/sqft
    Source: MAAR #10220436 Report a problem
    4/30/2026Listed for sale$129,999+225.8%$150/sqft
    Source: MAAR #10220436 Report a problem
    3/31/2026Sold$39,900$46/sqft
    Source: MAAR #10216527 Report a problem
    3/17/2026Pending sale$39,900$46/sqft
    Source: MAAR #10216527 Report a problem
    3/11/2026Listed for sale$39,900$46/sqft
    Source: MAAR #10216527 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$485 +42.3%$9,200 +77.8%
    2024$341 +8.1%$5,175
    2023$315 $5,175
    2022-- $5,175
    2021-- $5,175 +13.7%
    2020$145 $4,550
    2019$145 -21.1%$4,550
    2018$184 -45.1%$4,550
    2017$336 +101.6%$4,550 -7.1%
    2016$167 -47.5%$4,900
    2014$317 $4,900
    2013-- --
    2012-- $9,950
    2011-- $9,950
    2010-- $9,950
    2009-- $9,950 -13.3%
    2008-- $11,475
    2007-- $11,475
    2006-- $11,475
    2005-- $11,475 +12.8%
    2004-- $10,175
    2003-- $10,175
    2002-- $10,175
    2001-- $10,175 +10.3%
    2000-- $9,225
    Find assessor info on the county website

    Neighborhood: Coro Lake

    Nearby schools

    GreatSchools rating