NOT LISTED FOR SALE

1503 Preakness Run Ln Collierville, TN 38017

Estimated Value: $887,000 - $969,000

5 Beds
4.5 Baths
4,574 Sq Ft
$205/Sq Ft Est. Value

Last Sold May 22, 2023

Last sale price $900,000 $197 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,464/month

1 Day on Market

Highlights

  • Sauna
  • Built-In Refrigerator
  • Traditional Architecture
  • Crosswind Elementary School Rated A
  • Open Floorplan
  • Outdoor Fireplace

About This Home

As of May 2023

John Worley built resale! Why wait to build? Welcome to The Stables & 1503 Preakness Run Lane in Collierville, TN. Gently lived in, better than new! This incredible 5 bedroom, 4.5 bathroom property is an absolute dream! The home is situated in the Wolf River corridor on a picturesque lot - with no rear neighbors to worry about - for ultimate peace & privacy. Enjoy spectacular sunsets from your backyard paradise, with professional landscaping & irrigation system. Outdoor kitchen includes stainless steel grill, refrigerator, custom arbor, fans, bar height seating. Covered extended patio with fireplace, TV & hot tub! Inside you'll find 4600+ square feet of luxury living space. High end features include plantation shutters throughout, recessed lighting, 9 & 12 ft ceilings down. Inviting entry leads to formal dining room with butler's pantry. Kitchen features large granite island and high-end stainless steel appliances with a 6 burner GE Monogram gas cooktop & Frigidaire Pro refrigerator, double ovens, undermount & cabinet lighting with soft close doors & drawers. The primary bath with his & her's vanities, whirlpool tub, walk-in shower with seats and dual showerheads; 2 spacious walk-in closets with built-ins. The large family room boasts a gorgeous fireplace with built-in cabinets while hardwood floors flow throughout the ground floor. Primary & 2nd bedroom, split plan, are downstairs & each have private baths. Bedroom 3, upstairs also has a private bath. Bedroom 4 with a shared bath. Media room, crafts room & 5th bedroom all upstairs. A large laundry room with cabinets, sink, built in ironing board complete this luxurious home!

Last Agent to Sell the Property

CHERYL BROGDON

Kaizen Realty License #S-50184 Listed on: 04/21/2023

Kaizen Realty

Last Buyer's Agent

Non MLS Member

Nonmls Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,557

Year Built

  • Built in 2018

Lot Details

  • 0.34 Acre Lot
  • Private Entrance
  • Gated Home
  • Stone Wall
  • Property is Fully Fenced
  • Wood Fence
  • Landscaped
  • Front and Back Yard Sprinklers
  • Private Yard
  • Zoning described as Res Medium Density

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Driveway
  • Guest Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Architectural Shingle Roof

Interior Spaces

  • 4,574 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Bookcases
  • Crown Molding
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Ventless Fireplace
  • Gas Log Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Tinted Windows
  • Plantation Shutters
  • Wood Frame Window
  • Double Door Entry
  • Pocket Doors
  • Insulated Doors
  • Great Room with Fireplace
  • Combination Kitchen and Living
  • Breakfast Room
  • Storage
  • Sauna

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Built-In Electric Oven
  • Gas Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Built-In Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets
  • Farmhouse Sink
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Double Vanity
  • Hydromassage or Jetted Bathtub
  • Multiple Shower Heads
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Sink Near Laundry
  • Washer and Electric Dryer Hookup

Attic

  • Attic Floors
  • Walkup Attic

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Fireplace
  • Outdoor Kitchen
  • Exterior Lighting
  • Pergola
  • Outdoor Storage
  • Built-In Barbecue
  • Rain Gutters
  • Front Porch

Schools

  • Crosswinds Elementary School
  • Collierville Middle School
  • Collierville High School

Utilities

  • Cooling System Powered By Gas
  • Two cooling system units
  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • 220 Volts in Kitchen
  • Natural Gas Not Available
  • Electric Water Heater
  • Satellite Dish
  • Cable TV Available

Community Details

  • Association fees include management
  • Metes And Bounds Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number C0-233o-B0-0001

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,557

Year Built

Built in 2018

Lot Details

0

HOA Fees

$42 per month

Parking

3

Listing Details

  • Architectural Style: Traditional
  • Unit Levels: Two
  • Parking Features Parking Total: 3.0
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Structure Type: House
  • Year Built: 2018
  • Lot Size Acres: 0.34
  • Subdivision Name: Metes And Bounds
  • Directions: Houston Levee Rd to Wolf River Blvd. Head east to Bray Station Rd, turn right to Exmoor, turn left to first right, Preakness Run Lane. 1503 is the 2nd home on the right.
  • Garage Yn: Yes
  • New Construction: No
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • General Property Information:New Construction: No
  • Utilities 220 Volts in Kitchen: Yes
  • Special Features: None

Interior Features

  • Appliances: Built-In Refrigerator, Dishwasher, Disposal, Double Oven, Electric Water Heater, Exhaust Fan, Gas Cooktop, Microwave, Refrigerator, Stainless Steel Appliance(s), Vented Exhaust Fan, See Remarks
  • AtticFeaturesAttic: Yes
  • BasementFeaturesBasement: No
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Dead Bolt Lock(s), Double Entry, Metal Insulated, Pocket
  • Fireplace Features: Gas Log, Gas Starter, Great Room, Ventless, Outside
  • Flooring: Luxury Vinyl, Carpet, Hardwood, Tile
  • Interior Amenities: Bookcases, Breakfast Bar, Built-in Features, Ceiling Fan(s), Crown Molding, Entrance Foyer, Granite Counters, High Ceilings, His and Hers Closets, Kitchen Island, Open Floorplan, Pantry, Primary Downstairs, Recessed Lighting, Special Wiring, Storage, Tray Ceiling(s), Walk-In Closet(s), Double Vanity
  • Window Features: Double Pane Windows, Insulated Windows, Plantation Shutters, Tinted Windows, Wood Frames
  • Fireplace: Yes
  • ResoLivingAreaSource: Appraiser
  • General Property Information:Bathrooms Half: 1
  • Interior Features:Granite Counters: Yes
  • Kitchen Features:Granite Counters2: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Bookcases: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Community Features:Street Lights: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Plan: Yes
  • Kitchen Features:KitchenFamily Room View: Yes
  • Fireplace Features:Gas Log: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Crown Molding: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Recessed Lighting: Yes
  • Interior Features:Tray Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Kitchen Features:Kitchen Island2: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Bathroom Features:Double Vanity2: Yes
  • Bathroom Features:Separate Tub Shower: Yes
  • Appliances:Double Oven: Yes
  • Appliances:Exhaust Fan3: Yes
  • Appliances:Gas Cooktop: Yes
  • Attic Features:Walk-Up Access2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Primary Downstairs: Yes
  • Kitchen Features:Breakfast RoomMorning Room: Yes
  • Bathroom Features:Walk-In Shower: Yes
  • Fireplace Features:Great Room2: Yes
  • Attic Features:Walk-In Attic: Yes
  • Fireplace Features:Gas2: Yes
  • Appliances:Oven - Built-In Electric: Yes
  • Kitchen Features:Custom Cabinets: Yes
  • Community Features:Sidewalks: Yes
  • Attic Features:Attic Floored: Yes
  • Interior Features:His and Hers Closets: Yes
  • Bathroom Features:Two Shower Heads: Yes
  • Bathroom Features:Two Walk-In Closets: Yes
  • Interior Features:Storage2: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Stainless Steel Appliance(s): Yes
  • Appliances:Vented Exhaust Fan: Yes
  • Appliances:See Remarks21: Yes
  • Bathroom Features:Jetted Tub: Yes
  • Kitchen Features:Farm Sink: Yes
  • Attic Features:Gable Vent: Yes
  • Bathroom Features:JackJill Bath: Yes
  • Appliances:Built-In Refrigerator: Yes
  • Fireplace Features:Gas Starter: Yes
  • Fireplace Features:Ventless: Yes
  • Interior Features:Special Wiring: Yes
  • Bathroom Features:Hot TubSauna: Yes

Exterior Features

  • Disclosures: Seller/Agent Relationship
  • Exterior Features: Built-in Barbecue, Gas Grill, Landscaping Lights, Lighting, Outdoor Grill, Outdoor Kitchen, Private Entrance, Private Yard, Rain Gutters, Satellite Dish, See Remarks
  • Fencing: Gate, Privacy, Stone, Wood, Full
  • Foundation Details: Slab
  • Lot Features: Fenced, Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
  • Roof: Architectural Shingles, Shingle
  • Other Structures: Outdoor Kitchen, Pergola, Storage
  • Patio And Porch Features: Front Porch, Side Porch, Slab, See Remarks
  • Pool Private: No
  • Construction Type: Brick
  • General Property Information:Accessibility Features: No
  • Patio And Porch Features:Patio - Covered: Yes
  • Patio And Porch Features:Slab2: Yes
  • Window Features:Wood Frames: Yes
  • Door Features:Dead Bolt Lock(s): Yes
  • Patio And Porch Features:Front Porch: Yes
  • Exterior Features:Private Yard: Yes
  • Exterior Features:See Remarks20: Yes
  • Lot Features:Landscaped: Yes
  • Patio And Porch Features:See Remarks18: Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Fenced: Yes
  • Door Features:Double Entry: Yes
  • Exterior Features:Outdoor Kitchen: Yes
  • Window Features:Double Pane Windows: Yes
  • Window Features:Insulated Windows: Yes
  • Exterior Features:Lighting: Yes
  • Lot Features:Level: Yes
  • Exterior Features:Landscaping Lights: Yes
  • Lot Features:Sprinklers In Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Window Features:Plantation Shutters: Yes
  • Exterior Features:Gas and Propane hookup: Yes
  • Door Features:Metal Insulated: Yes
  • Exterior Features:Satellite Dish: Yes
  • Patio And Porch Features:Side Porch: Yes
  • Exterior Features:Gas Grill: Yes
  • Exterior Features:Outside Fireplace: Yes
  • Exterior Features:Built-in Barbecue: Yes
  • Exterior Features:Outdoor Grill: Yes
  • Exterior Features:Private Entrance: Yes
  • Exterior Features:TV Connection hookup: Yes
  • Door Features:Pocket: Yes
  • Window Features:Tinted Windows: Yes

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Attached, Driveway, Garage Faces Side, Guest, Storage
  • Attached Garage: Yes
  • Total Parking Spaces: 3.0
  • Parking Features:Driveway: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Garage2: Yes
  • Parking Features:Garage Faces Side: Yes
  • Parking Features:Guest: Yes
  • General Property Information:Garage Spaces: 3.0

Utilities

  • Cooling: Central Air, Dual, Electric, Gas
  • Heating: Central, Fireplace(s), Natural Gas
  • Laundry Features: Electric Dryer Hookup, Inside, Laundry Room, Main Level, Sink, Washer Hookup
  • Sewer: Public Sewer
  • Utilities: Cable Available, Natural Gas Not Available, Sewer Connected, Water Connected, 220 Volts in Kitchen, Natural Gas in Kitchen
  • Water Source: Public
  • Security: Security System, Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Central: Yes
  • Heating:Natural Gas2: Yes
  • Heating:Fireplace(s): Yes

Condo/Co-op/Association

  • Association Fee: 500.0
  • Association Fee Frequency: Annually
  • Community Features: Sidewalks, Street Lights
  • Association: Yes

Association/Amenities

  • Tax and Financial Information:Association: Yes
  • Covenants And Restrictions:Homeowner Association: Yes
  • Association Fee Includes:Management: Yes
  • Tax and Financial Information:Association Fee: 500.0
  • Tax and Financial Information:Association Fee Frequency: Annually

Fee Information

  • Association Fee Includes: Management

Schools

  • Elementary School: Crosswinds
  • High School: Collierville
  • Middle Or Junior School: Collierville Middle School

Lot Info

  • Parcel #: C0-233o-B0-0001
  • Lot Size Sq Ft: 14810.4
  • Zoning Description: Res Medium Density
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8557.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2023
Closed on
May 22, 2023
Sold by
Short David and Short Stephanie Minor
Bought by
Mayhew Ryan D and Mayhew Megan M
Seller's Agent
CHERYL BROGDON
Kaizen Realty
Buyer's Agent
Non MLS Member
Nonmls Office
List Price
$929,900
Sold Price
$900,000
Premium/Discount to List
-$29,900
-3.22%
Views
4
Current Estimated Value
$937,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,195
Avg. Annual Appreciation
2.10%
Original Mortgage
$650,000
Outstanding Balance
$634,788
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$310,065

Purchase Details

Listed on
Jul 11, 2018
Closed on
Nov 21, 2018
Sold by
Pebble Investments Llc
Bought by
Short David and Short Stephanie Minor
Seller's Agent
Michael Green
John Green & Co., REALTORS
Buyer's Agent
CHERYL BROGDON
KAIZEN Realty, LLC
List Price
$659,900
Sold Price
$660,000
Premium/Discount to List
$100
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.14%
Source: Public Records

Range of Values:

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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
Mayhew Ryan D $900,000 None Listed On Document
Short David $660,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mayhew Ryan D $650,000
Previous Owner Short Eugene D $452,000
Previous Owner Short Eugene D $250,000
Previous Owner Speed Investments Llc $200,000
Previous Owner Pebble Investments Llc $528,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2023 05/22/23 Sold $900,000 -3.2% $197 / Sq Ft
04/23/2023 04/23/23 Pending -- -- --
04/21/2023 04/21/23 For Sale $929,900 +40.9% $203 / Sq Ft
11/21/2018 11/21/18 Sold $660,000 0.0% $165 / Sq Ft
11/04/2018 11/04/18 Pending -- -- --
07/11/2018 07/11/18 For Sale $659,900 -- $165 / Sq Ft
Source: MLS United

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 $5,677 $236,900 $36,300 $200,600
2024 $5,677 $167,450 $33,750 $133,700
2023 $8,758 $167,450 $33,750 $133,700
2022 $8,557 $167,450 $33,750 $133,700
2021 $10,047 $167,450 $33,750 $133,700
2020 $6,347 $156,725 $27,450 $129,275
2019 $6,347 $156,725 $27,450 $129,275
2018 $1,112 $27,450 $27,450 $0
Source: Public Records

Agents Affiliated with this Home

  • CHERYL BROGDON

    Seller's Agent in 2023

    CHERYL BROGDON

    Kaizen Realty

    (901) 221-4041

    4 in this area

    64 Total Sales

    CHERYL BROGDON
    Section Image

  • N

    Buyer's Agent in 2023

    Non MLS Member

    Nonmls Office

  • Michael Green

    Seller's Agent in 2018

    Michael Green

    John Green & Co., REALTORS

    (901) 412-3008

    93 in this area

    121 Total Sales

    Michael Green
    Section Image
  • Allen Green

    Seller Co-Listing Agent in 2018

    Allen Green

    John Green & Co., REALTORS

    (901) 412-2998

    100 in this area

    125 Total Sales

    Allen Green
    Section Image
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Map

Source: MLS United

MLS Number: 4045364

MLS United

APN: C0-233O-B0-0001

Tennessee Shelby County Collierville 38017

1503 Preakness Run Ln, Collierville, TN

This home is located at 1503 Preakness Run Ln, Collierville, TN 38017 since 21 April 2023 and is currently estimated at $937,195, approximately $204 per square foot. This property was built in 2018. 1503 Preakness Run Ln is a home located in Shelby County with nearby schools including Crosswind Elementary School, West Collierville Middle School, and Collierville High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS United Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.

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