NOT LISTED FOR SALE

1501 E Indian Wells Dr Collierville, TN 38017

Estimated Value: $519,000 - $722,000

5 Beds
4.5 Baths
4,000-4,499 Sq Ft
$145/Sq Ft Est. Value

Last Sold November 01, 2021

Last sale price $625,000 $139 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,916/month

24 Days on Market

Highlights

  • Fireplace in Hearth Room
  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Crosswind Elementary School Rated A
  • Wood Flooring
  • Whirlpool Bathtub

About This Home

As of November 2021

Beautiful and spacious home ! 4475 sq ft. 5 bedrooms w/primary and 2nd Bed down, Bonus Rm & 3 Bedrms Up + Expandable attic space (18x12). 4.5 baths. 3 Garages . Granite counter tops throughout and Gas range. Nail down Hardwood floor in Level 1, New carpet in bonus and hallway upstairs. New exterior paint. Nice Covered Patio, Professional landscaping, Wired Security Camera system, Corner house. Collierville Schools! Don't miss it!

Last Agent to Sell the Property

Nataraja Krishnaraju

Crye-Leike, Inc., REALTORS License #333358 Listed on: 09/24/2021

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

April Hua

Elm RE Investment License #327280

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,352

Year Built

  • Built in 2004

Lot Details

  • 0.39 Acre Lot
  • Wood Fence
  • Landscaped
  • Corner Lot
  • Level Lot

HOA Fees

  • $17 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 4,000-4,499 Sq Ft Home
  • 4,475 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Fireplace in Hearth Room
  • Double Pane Windows
  • Window Treatments
  • Mud Room
  • Two Story Entrance Foyer
  • Great Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Den with Fireplace
  • 2 Fireplaces
  • Bonus Room
  • Keeping Room
  • Permanent Attic Stairs

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Powder Room
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 3 Car Attached Garage
  • Side Facing Garage

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater

Additional Features

  • Solar Water Heater
  • Covered Patio or Porch

Community Details

  • Wellington Ridge Ph 2 Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number C0233N B00091

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,352

Year Built

Built in 2004

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 872B
  • MAAR Subdivision Name: WELLINGTON RIDGE PH2
  • List Price Per Sq Ft: 134
  • Number Of Stories: 2
  • Price Per Sq Ft: 139.66
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 4475
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 1/2 Bath, 2 or More Baths, Laundry Room, Keeping/Hearth Room, Breakfast Room
  • Second Story Floor Plan: 3rd Bedroom, 4th or More Bedrooms, 2 or More Baths, Bonus Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Half Bath Down
  • Estimated Heated Sq Ft Range: 4000-4499
  • Bedroom 2 Description: Level 1, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 2, Walk-In Closet, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 4 Description: Level 2, Walk-In Closet, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 5 Description: Level 2, Walk-In Closet, Shared Bath, Smooth Ceiling, Carpet
  • Bedrooms: 5
  • Bedrooms Down: 2
  • Fireplace: Prefabricated, Ventless Gas Fireplace, In Den/Great Room, In Keeping/Hearth room, Gas Logs
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling, Two Story Foyer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Double Oven, Cooktop, Gas Cooking, Dishwasher, Microwave, Refrigerator
  • Living Dining Kitchen: Separate Dining Room, Separate Den, Great Room, Eat-In Kitchen, Breakfast Bar, Separate Breakfast Room, Pantry, Island In Kitchen, Washer/Dryer Connections, Keeping/Hearth Room
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Permanent Attic Stairs, Walk-In Attic, Mud Room, Powder/Dressing Room, Security System, Smoke Detector(s)
  • Number Of Fireplaces: 2
  • Other Rooms: Laundry Room, Bonus Room, Entry Hall, Attic
  • Total Bathrooms: 4.1
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Smooth Ceiling, Tile Floor, Hardwood Floor

Exterior Features

  • Misc Exterior: Covered Patio
  • Exterior Windows: Brick Veneer, Double Pane Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 3
  • Parking Display: G3A
  • Parking Storage: Side-Load Garage

Utilities

  • Cooling: Central, 3 or More Systems, 220 Wiring
  • Heating: Central, Gas, Electric, 3 or More Systems
  • Security: Smoke Detector(s), Dead Bolt Lock(s)
  • Water Sewer: Gas Water Heater, Solar Water Heater

Association/Amenities

  • Annual Association Fee: 200
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Level, Corner, Landscaped, Wood Fenced
  • Lot Number: 187
  • Acreage: 0.39
  • Keeping Hearth Dimension: 14X16
  • Lot Size: 16973.95 SF 137.05 X 127.7
  • Price Per Acre: 1534615

Multi Family

  • Number Of Rooms: 10

Tax Info

  • Assessor Parcel Number: C0233N B00091

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2021
Closed on
Oct 29, 2021
Sold by
Natra Uday and Natra Lakshmi N
Bought by
Wang Zedong and Yuan Shan
Seller's Agent
Nataraja Krishnaraju
Crye-Leike, Inc., REALTORS
Buyer's Agent
April Hua
Elm RE Investment
List Price
$598,500
Sold Price
$625,000
Premium/Discount to List
$26,500
4.43%
Current Estimated Value
$654,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,044
Avg. Annual Appreciation
3.64%
Original Mortgage
$468,750
Outstanding Balance
$431,605
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$285,625

Purchase Details

Closed on
Jan 28, 2004
Sold by
Unique Properties Inc
Bought by
Malone Michael E and Malone Anne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 27, 2003
Sold by
Polo Run Joint Venture
Bought by
Unique Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,184,000
Interest Rate
5.82%

Purchase Details

Closed on
Mar 15, 2002
Sold by
Oakmont Joint Venture
Bought by
Polo Run Joint Venture

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Interest Rate
6.98%
Source: Public Records

Range of Values:

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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
Wang Zedong $625,000 Closetrak
Malone Michael E $360,000 Realty Title & Escrow Co Inc
Unique Properties Inc $311,600 Realty Title & Escrow Co Inc
Polo Run Joint Venture -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Zedong $468,750
Previous Owner Natra Lakshmi N $330,100
Previous Owner Malone Michael E $120,000
Previous Owner Unique Properties Inc $1,184,000
Previous Owner Polo Run Joint Venture $4,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2021 11/01/21 Sold $625,000 +4.4% $156 / Sq Ft
10/18/2021 10/18/21 Pending -- -- --
09/24/2021 09/24/21 For Sale $598,500 +51.5% $150 / Sq Ft
05/06/2013 05/06/13 Sold $395,000 -1.2% $99 / Sq Ft
04/07/2013 04/07/13 Pending -- -- --
04/04/2013 04/04/13 For Sale $399,900 -- $100 / 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 $4,352 $166,175 $30,600 $135,575
2024 $4,352 $128,375 $19,950 $108,425
2023 $6,714 $128,375 $19,950 $108,425
2022 $6,560 $128,375 $19,950 $108,425
2021 $6,637 $128,375 $19,950 $108,425
2020 $6,417 $106,950 $19,950 $87,000
2019 $4,331 $106,950 $19,950 $87,000
2018 $4,331 $106,950 $19,950 $87,000
2017 $6,139 $106,950 $19,950 $87,000
2016 $4,331 $99,100 $0 $0
2014 $4,331 $99,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nataraja Krishnaraju

    Seller's Agent in 2021

    Nataraja Krishnaraju

    Crye-Leike

    (901) 626-7995

    48 in this area

    108 Total Sales

    Nataraja Krishnaraju
    Section Image
  • April Hua

    Buyer's Agent in 2021

    April Hua

    Elm RE Investment

    (901) 651-7308

    25 in this area

    134 Total Sales

    April Hua
    Section Image

  • J

    Seller's Agent in 2013

    Jeanne Lubiani-Carnes

    Crye-Leike

  • S

    Buyer's Agent in 2013

    Srinivas Rao Damaraju

    Crye-Leike

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10109419

Memphis Area Association of REALTORS®

APN: C0-233N-B0-0091

Tennessee Shelby County Collierville 38017

1501 E Indian Wells Dr, Collierville, TN

This home is located at 1501 E Indian Wells Dr, Collierville, TN 38017 since 24 September 2021 and is currently estimated at $654,044, approximately $145 per square foot. This property was built in 2004. 1501 E Indian Wells Dr 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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