NOT LISTED FOR SALE

1516 Lambs Meadow Ln Collierville, TN 38017

Estimated Value: $1,416,000 - $1,715,210

4 Beds
4.5 Baths
5,000-5,499 Sq Ft
$284/Sq Ft Est. Value

Last Sold September 20, 2018

Last sale price $1,152,008 $209 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $9,155/month

Highlights

  • Landscaped Professionally
  • Bonus Room with Fireplace
  • Traditional Architecture
  • Bailey Station Elementary School Rated A
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of September 2018

This presale is a beautiful custom Magnolia Home and it is truly one-of-a-kind! It has everything you could want in a home and more! The open floor plan is perfect for entertaining family and friends. This one is going to be a stunner!! Let us build your next dream home!

Last Agent to Sell the Property

Mary Brown

Groome & Co. License #343561 Listed on: 01/23/2018

Co-Listed By

Whitney Harvey

Oak Grove Realty, LLC License #321836

Last Buyer's Agent

Whitney Harvey

Oak Grove Realty, LLC License #321836

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,440

Year Built

  • Built in 2018 | Under Construction

Lot Details

  • 0.58 Acre Lot
  • Lot Dimensions are 209x121
  • Wrought Iron Fence
  • Wood Fence
  • Landscaped Professionally
  • Sprinklers on Timer
  • Few Trees

HOA Fees

  • $42 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • French Architecture
  • Soft Contemporary Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 5,000-5,499 Sq Ft Home
  • 5,369 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Fireplace Features Masonry
  • Some Wood Windows
  • Double Pane Windows
  • Casement Windows
  • Aluminum Window Frames
  • Mud Room
  • Two Story Entrance Foyer
  • Great Room
  • Breakfast Room
  • Dining Room
  • Den with Fireplace
  • Bonus Room with Fireplace
  • 2 Fireplaces
  • Play Room
  • Storage Room
  • Laundry Room

Kitchen

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

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 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
  • Pull Down Stairs to Attic

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
  • Heating System Uses Gas
  • Vented Exhaust Fan
  • 220 Volts
  • Electric Water Heater

Community Details

Overview

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

Security

  • Building Fire Alarm

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,440

Year Built

Built in 2018 | Under Construction

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional, Soft Contemporary, French
  • Detached Unit Type: General Residential
  • Cross Street: LAMBS BROOK LANE
  • MLS Map #: 872B
  • MAAR Subdivision Name: SHEPHERD'S CREEK PH2
  • Est Date Of Completion: 06/15/2018
  • List Price Per Sq Ft: 215
  • Number Of Stories: 2
  • Price Per Sq Ft: 214.57
  • Prop Construction Status: Under Construction
  • Planned Unit Development: Yes
  • Estimated Sq Ft: 5369
  • Termite Contract: Yes
  • Year Built: 2018
  • 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, 2 or More Baths, Laundry Room, Breakfast Room, Office
  • Second Story Floor Plan: 3rd Bedroom, 4th or More Bedrooms, 2 or More Baths, Play Room/Rec Room, Bonus Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Vaulted/Coffered Primary, Luxury Primary Bath, Separate Tub & Shower, 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, Private Full Bath, Smooth Ceiling, Carpet
  • Bedroom 4 Description: Level 2, Walk-In Closet, Shared Bath, Smooth Ceiling, Tile Floor, Carpet
  • Bedrooms: 4
  • Bedrooms Down: 2
  • Fireplace: Masonry, In Den/Great Room, In Other Room, Gas Starter
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling, Two Story Foyer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Equipment: Double Oven, Cooktop, Gas Cooking, Disposal, Dishwasher, Microwave, Refrigerator, Separate Ice Maker
  • Living Dining Kitchen: Separate Dining Room, Great Room, Separate Breakfast Room, Pantry, Island In Kitchen
  • Misc Interior: Walk-In Closet(s), Pull Down Attic Stairs, Attic Access, Walk-In Attic, Central Vacuum, Mud Room, Powder/Dressing Room, Security System, Vent Hood/Exhaust Fan
  • Number Of Fireplaces: 2
  • Other Rooms: Laundry Room, Play Room, Bonus Room, Office/Sewing Room, Entry Hall, Attic
  • Total Bathrooms: 4.1
  • Primary Bathroom Description: Double Sinks, Separate Shower, Vaulted/Coffered Ceiling, 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, Iron Fence
  • Exterior Windows: Brick Veneer, Wood/Composition, Aluminum Window(s), Double Pane Window(s), Casement 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, Electric, 3 or More Systems
  • Security: Fire Alarm, 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, Professionally Landscaped, Wood Fenced, Iron Fenced
  • Lot Number: 35
  • Acreage: 0.58
  • Lot Size: 209x121
  • Price Per Acre: 1986221

Multi Family

  • Number Of Rooms: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2018
Closed on
Sep 20, 2018
Sold by
Magnolia Homes Inc
Bought by
Santos Carolyn E
Seller's Agent
Mary Brown
Groome & Co.
Buyer's Agent
Whitney Harvey
Oak Grove Realty, LLC
List Price
$1,152,008
Sold Price
$1,152,008
Current Estimated Value
$1,559,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$407,295
Avg. Annual Appreciation
4.36%
Original Mortgage
$824,000
Outstanding Balance
$717,097
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$842,206
Source: Public Records

Range of Values:

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
Santos Carolyn E $1,152,008 Memphis Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Santos Carolyn E $824,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2018 09/20/18 Sold $1,152,008 0.0% $230 / Sq Ft
01/25/2018 01/25/18 Pending -- -- --
01/23/2018 01/23/18 For Sale $1,152,008 -- $230 / 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 $10,440 $425,600 $75,000 $350,600
2024 $10,440 $307,975 $55,050 $252,925
2023 $16,107 $307,975 $55,050 $252,925
2022 $15,738 $307,975 $55,050 $252,925
2021 $18,479 $307,975 $55,050 $252,925
2020 $15,663 $266,375 $40,050 $226,325
2019 $10,788 $266,375 $40,050 $226,325
2018 $1,622 $40,050 $40,050 $0
Source: Public Records

Agents Affiliated with this Home

  • Mary Brown

    Seller's Agent in 2018

    Mary Brown

    Groome & Co.

    (901) 485-7608

    52 in this area

    57 Total Sales

    Mary Brown
    Section Image
  • Whitney Harvey

    Seller Co-Listing Agent in 2018

    Whitney Harvey

    Oak Grove Realty, LLC

    (901) 309-0710

    1 in this area

    2 Total Sales

    Whitney Harvey
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10019018

Memphis Area Association of REALTORS®

APN: C0-232A-B0-0009

Tennessee Shelby County Collierville 38017

1516 Lambs Meadow Ln, Collierville, TN

This home is located at 1516 Lambs Meadow Ln, Collierville, TN 38017 since 23 January 2018 and is currently estimated at $1,559,303, approximately $283 per square foot. This property was built in 2018. 1516 Lambs Meadow Ln is a home located in Shelby County with nearby schools including Bailey Station 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.

Memphis Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Some or all of the listings displayed may not belong to the firm whose website is being visited. Copyright© 2025 Memphis Area Association of REALTORS®.

Nearby Homes