NOT LISTED FOR SALE

1506 Lambs Meadow Ln Collierville, TN 38017

Estimated Value: $1,281,000 - $1,524,000

5 Beds
5.5 Baths
5,000-5,499 Sq Ft
$257/Sq Ft Est. Value

Sale Details

Date Sold: June 28, 2018

Last sale price $1,005,896 $183 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $8,305 / mo

10 Days on Market

Highlights

  • Media Room
  • Updated Kitchen
  • Bonus Room with Fireplace
  • Bailey Station Elementary School Rated A
  • Landscaped Professionally
  • Vaulted Ceiling

About This Home

As of June 2018

This open floor plan has it all!! This stunning Magnolia Home has plenty of room for your family & friends to migrate and stay in the Kitchen...and can you blame them with all the gorgeous beams surrounding them?? Every angle in the beautiful home is like a gift to your eyes! Do yourself a favor and come see it!!

Last Agent to Sell the Property

Heather Oakes

Oak Grove Realty, LLC License #339286 Listed on: 08/27/2017

Last Buyer's Agent

Melody Bourell

Marx-Bensdorf, REALTORS License #290370

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2017 | Under Construction

Lot Details

  • 19,602 Sq Ft Lot
  • Lot Dimensions are 175x126
  • Wood Fence
  • Landscaped Professionally
  • Corner Lot
  • Level Lot
  • Sprinklers on Timer
  • Few Trees

HOA Fees

  • $42 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • French Architecture
  • Brick Veneer
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 5,000-5,499 Sq Ft Home
  • 5,249 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Some Wood Windows
  • Double Pane Windows
  • Aluminum Window Frames
  • Mud Room
  • Entrance Foyer
  • Great Room
  • Breakfast Room
  • Dining Room
  • Media Room
  • Den with Fireplace
  • Library
  • Bonus Room with Fireplace
  • 2 Fireplaces
  • Loft
  • Play Room
  • Storage Room
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Double Oven
  • Gas Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

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

Attic

  • Attic Access Panel
  • Permanent Attic Stairs

Home Security

  • Window Bars
  • Monitored
  • Fire and Smoke Detector
  • Termite Clearance

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Gas Grill

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • 220 Volts
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Shepherd Creek Pd Outline Plan Subdivision
  • Mandatory home owners association
  • Planned Unit Development

Home Details

Home Type

Single Family

Year Built

Built in 2017 | Under Construction

Lot Details

0.45 Acres

HOA Fees

$42 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional, French
  • Detached Unit Type: General Residential
  • Cross Street: LAMBS BROOK LANE
  • MAAR Subdivision Name: SHEPHERD'S CREEK PH2
  • List Price Per Sq Ft: 192
  • Number Of Stories: 2
  • Prop Construction Status: Under Construction
  • Planned Unit Development: Yes
  • Estimated Sq Ft: 5249
  • Termite Contract: Yes
  • Year Built: 2017
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 1/2 Bath, Laundry Room, Breakfast Room, Office
  • Second Story Floor Plan: 3rd Bedroom, 4th or More Bedrooms, 2 or More Baths, Play Room/Rec Room, Media Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Vaulted/Coffered Primary, Luxury Primary Bath, Separate Tub & Shower, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 5000-5499
  • Bedroom 2 Description: Level 1, Walk-In Closet, Private Full 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, Private Full Bath, Smooth Ceiling, Carpet
  • Bedroom 5 Description: Level 2, Walk-In Closet, Private Full Bath, Smooth Ceiling, Carpet
  • Bedrooms: 5
  • Bedrooms Down: 2
  • Fireplace: Masonry, Ventless Gas Fireplace, In Den/Great Room, In Other Room, Gas Starter, Gas Logs
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Equipment: Double Oven, Gas Cooking, Disposal, Dishwasher, Microwave, Refrigerator, Cable Wired, Separate Ice Maker
  • Living Dining Kitchen: Separate Dining Room, Great Room, Updated/Renovated Kitchen, Breakfast Bar, Separate Breakfast Room, Pantry, Island In Kitchen
  • Misc Interior: Walk-In Closet(s), Permanent Attic Stairs, Attic Access, Walk-In Attic, Mud Room, Powder/Dressing Room, Smoke Detector(s), Monitored Alarm, Vent Hood/Exhaust Fan
  • Number Of Fireplaces: 2
  • Other Rooms: Laundry Room, Laundry Closet, Library/Study, Bonus Room, Entry Hall, Loft/Balcony, Media Room, Attic, Storage Room
  • Primary Bathroom Description: Double Sinks, 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, Vaulted/Coffered Ceiling, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler, Gas Grill, Porch, Covered Patio, Well Landscaped Grounds, Wood Fence, Sidewalks
  • Exterior Windows: Brick Veneer, Wood/Composition, Aluminum Window(s), 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: Driveway/Pad, More than 3 Coverd Spaces, Storage Room(s), Garage Door Opener(s), Side-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s), 3 or More Systems, 220 Wiring
  • Heating: Central, Gas, 3 or More Systems
  • Security: Monitored Alarm System, Smoke Detector(s), Window Guard(s), Dead Bolt Lock(s)
  • Water Sewer: Electric Water Heater, 2+ Water Heaters, Public Water, Public Sewer

Association/Amenities

  • Annual Association Fee: 500
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Level, Corner, Professionally Landscaped, Wood Fenced
  • Lot Number: 36
  • Acreage: 0.45
  • Lot Size: 175X126

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2017
Closed on
Jun 28, 2018
Sold by
Mangolia Homes Inc
Bought by
Plummer Timothy J and Plummer Dana Q
Seller's Agent
Heather Oakes
Oak Grove Realty, LLC
Buyer's Agent
Melody Bourell
Marx-Bensdorf, REALTORS
List Price
$1,005,896
Sold Price
$1,005,896
Current Estimated Value
$1,410,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$404,630
Avg. Annual Appreciation
4.41%
Original Mortgage
$573,835
Outstanding Balance
$498,413
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$912,113

Purchase Details

Closed on
Aug 23, 2017
Sold by
Crews Development Llc
Bought by
Magnolia Homes Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Plummer Timothy J $1,005,895 Memphis Title Co
Magnolia Homes Inc $175,000 Memphis Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Plummer Timothy J $573,835
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2018 06/28/18 Sold $1,005,896 0.0% $201 / Sq Ft
09/06/2017 09/06/17 Pending -- -- --
08/27/2017 08/27/17 For Sale $1,005,896 -- $201 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $10,033 $404,125 $75,000 $329,125
2024 $10,033 $295,950 $55,050 $240,900
2023 $15,478 $295,950 $55,050 $240,900
2022 $15,123 $295,950 $55,050 $240,900
2021 $17,757 $295,950 $55,050 $240,900
2020 $13,811 $234,875 $40,050 $194,825
2019 $9,512 $234,875 $40,050 $194,825
2018 $3,303 $81,550 $40,050 $41,500
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2018

    Heather Oakes

    Oak Grove Realty, LLC

  • Melody Bourell

    Buyer's Agent in 2018

    Melody Bourell

    Marx-Bensdorf, REALTORS

    (901) 461-4016

    2 in this area

    257 Total Sales

    Melody Bourell
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10010753

Memphis Area Association of REALTORS®

APN: C0-232A-B0-0010

Tennessee Shelby County Collierville 38017

1506 Lambs Meadow Ln, Collierville, TN

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.

Memphis Area Association of REALTORS® Listing content and images Copyright 2026 Memphis Area Association of REALTORS®. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it.
Some or all of the listings displayed may not belong to the firm whose website is being visited.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.