NOT LISTED FOR SALE

1197 Derby Run Ln Collierville, TN 38017

Estimated Value: $880,000 - $984,000

5 Beds
4.5 Baths
4,500-4,999 Sq Ft
$186/Sq Ft Est. Value

Last Sold November 04, 2021

Last sale price $785,000 $157 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $5,529/month

31 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Covered Patio or Porch
  • Crosswind Elementary School Rated A
  • 2 Fireplaces
  • Central Heating and Cooling System

About This Home

As of November 2021

This home is located at 1197 Derby Run Ln, Collierville, TN 38017 since 01 October 2021 and is currently estimated at $927,448, approximately $206 per square foot. This property was built in 2019. 1197 Derby Run Ln is a home located in Shelby County with nearby schools including Crosswind Elementary School, West Collierville Middle School, and Collierville High School.

Last Agent to Sell the Property

Eric Bell

REMAX Experts License #329846 Listed on: 10/01/2021

REMAX Experts

Last Buyer's Agent

Eric Bell

REMAX Experts License #329846 Listed on: 10/01/2021

REMAX Experts

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,702

Year Built

  • Built in 2019

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 100 x 180
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 4,500-4,999 Sq Ft Home
  • 4,705 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Dining Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms

Parking

  • 3 Car Garage
  • Front Facing Garage
  • Side Facing Garage

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Community Details

  • Stables Phase 3 The Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number C0233O B00006

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,702

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 872B
  • MAAR Subdivision Name: THE STABLES PH3
  • List Price Per Sq Ft: 167
  • Number Of Stories: 2
  • Price Per Sq Ft: 166.84
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 4705
  • Year Built: 2019
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down
  • Estimated Heated Sq Ft Range: 4500-4999
  • Bedrooms: 5
  • Bedrooms Down: 2
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Dining Room
  • Number Of Fireplaces: 2
  • Total Bathrooms: 4.1

Exterior Features

  • Misc Exterior: Covered Patio
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Number Covered Parking Spaces: 3
  • Parking Display: 3
  • Parking Storage: More than 3 Coverd Spaces, Front-Load Garage, Side-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 84
  • Acreage: 0.41
  • Lot Size: 100 X 180
  • Price Per Acre: 1914634

Multi Family

  • Number Of Rooms: 13

Tax Info

  • Assessor Parcel Number: C0233O B00006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2021
Closed on
Nov 3, 2021
Sold by
Motycka Emil S and Butcher Jacqueline K
Bought by
Naraynam Abhishek and Linga Shalini
Seller's Agent
Eric Bell
REMAX Experts
Buyer's Agent
Eric Bell
REMAX Experts
List Price
$785,000
Sold Price
$785,000
Current Estimated Value
$927,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,448
Avg. Annual Appreciation
4.57%
Original Mortgage
$548,250
Outstanding Balance
$505,867
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$424,929

Purchase Details

Listed on
Nov 14, 2019
Closed on
Feb 28, 2020
Sold by
John Worley Jr Builders Inc
Bought by
Motycka Emil S and Butcher Jacqueline K
Seller's Agent
Allen Green
John Green & Co., REALTORS
Buyer's Agent
Joyce Chasteen
Crye-Leike, Inc., REALTORS
List Price
$669,900
Sold Price
$669,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.90%
Original Mortgage
$535,920
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2018
Sold by
Stables Gorup Llc
Bought by
John Worley Jr Builder Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,000
Interest Rate
4.15%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Naraynam Abhishek $785,000 Foundation T&E Series Llc
Motycka Emil S $669,900 Realty Title Collierville
John Worley Jr Builder Inc $120,000 Mid South Title Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Naraynam Abhishek $548,250
Previous Owner Motycka Emil S $535,920
Previous Owner John Worley Jr Builder Inc $544,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2021 11/04/21 Sold $785,000 0.0% $174 / Sq Ft
11/01/2021 11/01/21 Pending -- -- --
10/01/2021 10/01/21 For Sale $785,000 +17.2% $174 / Sq Ft
02/28/2020 02/28/20 Sold $669,900 0.0% $149 / Sq Ft
01/20/2020 01/20/20 Pending -- -- --
11/14/2019 11/14/19 For Sale $669,900 -- $149 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,702 $236,100 $36,300 $199,800
2024 $5,702 $168,200 $33,750 $134,450
2023 $8,797 $168,200 $33,750 $134,450
2022 $8,595 $168,200 $33,750 $134,450
2021 $10,092 $168,200 $33,750 $134,450
2020 $5,216 $150,725 $27,450 $123,275
2019 $1,112 $27,450 $27,450 $0
2018 $1,112 $27,450 $27,450 $0
Source: Public Records

Agents Affiliated with this Home

  • Eric Bell

    Seller's Agent in 2021

    Eric Bell

    RE/MAX

    (901) 685-6000

    54 in this area

    364 Total Sales

    Eric Bell
    Section Image
  • Allen Green

    Seller's Agent in 2020

    Allen Green

    John Green & Co., REALTORS

    (901) 412-2998

    109 in this area

    132 Total Sales

    Allen Green
    Section Image
  • Michael Green

    Seller Co-Listing Agent in 2020

    Michael Green

    John Green & Co., REALTORS

    (901) 412-3008

    98 in this area

    127 Total Sales

    Michael Green
    Section Image
  • Joyce Chasteen

    Buyer's Agent in 2020

    Joyce Chasteen

    Crye-Leike

    (901) 485-3986

    38 in this area

    88 Total Sales

    Joyce Chasteen
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10112071

Memphis Area Association of REALTORS®

APN: C0-233O-B0-0006

Tennessee Shelby County Collierville 38017

1197 Derby Run Ln, Collierville, TN

This home is located at 1197 Derby Run Ln, Collierville, TN 38017 since 01 October 2021 and is currently estimated at $927,448, approximately $185 per square foot. This property was built in 2019. 1197 Derby Run Ln is a home located in Shelby County with nearby schools including Crosswind Elementary School, West Collierville Middle School, and Collierville High School.

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