$400,000
SOLD APR 9, 2025

1505 Kelsey Woods Ln Collierville, TN 38017

4 Beds
2.5 Baths
2,200-2,399 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$167 Per Sq Ft

5% Below List Price

61 Days on Market

Highlights

  • Updated Kitchen
  • Traditional Architecture
  • Whirlpool Bathtub
  • Tara Oaks Elementary School Rated A
  • Wood Flooring
  • 1 Fireplace

About This Home

As of April 2025

Collierville home within walking distance of Johnson Park with its walking trail, playground, splash park, and lake. The open concept home has NO CARPET and features an updated kitchen, tons of natural light, bonus room, and large attic storage space. Recently new to the home are: hot water heater, dishwasher, toilets, shower filters, attic flooring and insulation, fireplace insert with sealed chimney and chimney bug guard, blinds, floating shelves in laundry room and pantry, and string lights in the back yard. The refrigerator stays with the house. The back patio furniture can also stay.

Last Agent to Sell the Property

Jodi Milligan

Southern Properties License #308256 Listed on: 01/17/2025

Last Buyer's Agent

Terri Porter

The Porter Group License #263573

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,691

Year Built

  • Built in 1998

Lot Details

  • 9,148 Sq Ft Lot
  • Wood Fence
  • Level Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,200-2,399 Sq Ft Home
  • 2,258 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Two Story Entrance Foyer
  • Great Room
  • Breakfast Room
  • Dining Room
  • Den
  • Bonus Room

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 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
  • Termite Clearance

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Riverwoods Pd Subdivision

Listing and Financial Details

  • Assessor Parcel Number C0233K A00027

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,691

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 873D
  • MAAR Subdivision Name: RIVERWOODS PH3
  • Number Of Stories: 2
  • Price Per Sq Ft: 177.15
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2258
  • Termite Contract: Yes
  • Year Built: 1998
  • List Price/ Sq Ft: 184
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, 1/2 Bath, Laundry Room, Breakfast Room
  • Second Story Floor Plan: Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 4th or More Bedrooms, 2 or More Baths, Bonus Room
  • Additional Bedroom Bathroom Info: All Bedrooms Up, Primary Up, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Half Bath Down
  • Estimated Heated Sq Ft Range: 2200-2399
  • Bedroom 2 Description: Level 2, Hardwood Floor
  • Bedroom 3 Description: Level 2, Hardwood Floor
  • Bedroom 4 Description: Level 2, Hardwood Floor
  • Bedrooms: 4
  • Floors/Ceilings: Hardwood Throughout, Wood Laminate Floors, Tile, Two Story Foyer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher, Microwave
  • Living Dining Kitchen: Separate Dining Room, Great Room, Updated/Renovated Kitchen, Breakfast Bar, Pantry, Island In Kitchen, Washer/Dryer Connections
  • Misc Interior: Walk-In Closet(s), Security System, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Bonus Room
  • Total Bathrooms: 2.1
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Tile Floor
  • P R I M A R Y B E D R O O M: Level 2, Walk-In Closet, Full Bath, Hardwood Floor

Exterior Features

  • Misc Exterior: Patio, Wood Fence
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Garage Door Opener(s), Front-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central, Gas
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Level, Wood Fenced
  • Lot Number: 105
  • Acreage: 0.21
  • Lot Size: 9200
  • Price Per Acre: 1976190
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: C0233K A00027

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2025
Closed on
Apr 10, 2025
Sold by
Mimms Revocable Living Trust and Mimms Christopher M
Bought by
Otte Luke and Otte Kathleen
Seller's Agent
Jodi Milligan
Southern Properties
Buyer's Agent
Terri Porter
The Porter Group
List Price
$419,000
Sold Price
$400,000
Premium/Discount to List
-$19,000
-4.53%
Total Days on Market
61
Views
143
Current Estimated Value
$400,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$537
Avg. Annual Appreciation
-1.06%
Original Mortgage
$408,600
Outstanding Balance
$407,518
Interest Rate
6.65%
Mortgage Type
VA
Estimated Equity
-$9,431

Purchase Details

Closed on
Sep 26, 2022
Sold by
Mimms Chris H and Mimms Carson H
Bought by
Mimms Revocable Living Trust

Purchase Details

Listed on
Jul 11, 2020
Closed on
Aug 5, 2020
Sold by
Walters Brian and Walters Annie Laurie
Bought by
Mimms Chris and Mimms Carson H
Seller's Agent
Adam Fisher
Sell901 Real Estate
Buyer's Agent
Beth Fuller
Clearpoint, REALTORS
List Price
$309,900
Sold Price
$315,900
Premium/Discount to List
$6,000
1.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.61%
Original Mortgage
$252,720
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 31, 2018
Closed on
Jul 26, 2018
Sold by
Armstrong Thomas H and Armstrong Phyllis A
Bought by
Walters Brian and Walters Annie Laurie
Seller's Agent
Matt Morgan
Crye-Leike, Inc., REALTORS
Buyer's Agent
Adam Fisher
Sell901 Real Estate
List Price
$259,900
Sold Price
$277,500
Premium/Discount to List
$17,600
6.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.59%
Original Mortgage
$272,473
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 10, 1998
Sold by
David Lewis Homes Inc
Bought by
Armstrong Thomas H and Armstrong Phyllis A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,900
Interest Rate
6.97%
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 Type Sale Price Title Company
Warranty Deed $400,000 None Listed On Document
Warranty Deed -- --
Warranty Deed $315,900 Edco Ttl & Closing Svcs Inc
Warranty Deed $277,500 Close Trak Closing & Title S
Warranty Deed $159,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $408,600 VA
Previous Owner $50,000 Credit Line Revolving
Previous Owner $252,720 New Conventional
Previous Owner $271,514 FHA
Previous Owner $272,473 FHA
Previous Owner $20,000 Future Advance Clause Open End Mortgage
Previous Owner $150,000 New Conventional
Previous Owner $8,000 Credit Line Revolving
Previous Owner $151,900 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2025 04/09/25 Sold $400,000 -3.6% $182 / Sq Ft
03/19/2025 03/19/25 Pending -- -- --
02/21/2025 02/21/25 Price Changed $415,000 -1.0% $189 / Sq Ft
01/17/2025 01/17/25 For Sale $419,000 +32.6% $190 / Sq Ft
08/05/2020 08/05/20 Sold $315,900 +1.9% $144 / Sq Ft
07/11/2020 07/11/20 For Sale $309,900 +11.7% $141 / Sq Ft
07/26/2018 07/26/18 Sold $277,500 +6.8% $126 / Sq Ft
05/31/2018 05/31/18 For Sale $259,900 -- $118 / 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 $2,691 $99,800 $15,275 $84,525
2024 $2,691 $79,375 $9,675 $69,700
2023 $4,151 $79,375 $9,675 $69,700
2022 $4,056 $79,375 $9,675 $69,700
2021 $2,738 $79,375 $9,675 $69,700
2020 $2,421 $59,775 $9,675 $50,100
2019 $2,421 $59,775 $9,675 $50,100
2018 $2,421 $59,775 $9,675 $50,100
2017 $3,431 $59,775 $9,675 $50,100
2016 $2,129 $48,725 $0 $0
2014 $2,129 $48,725 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10188242

Memphis Area Association of REALTORS®

APN: C0-233K-A0-0027