NOT LISTED FOR SALE

1527 Lambs Meadow Ln Collierville, TN 38017

Estimated Value: $1,409,000 - $1,570,895

5 Beds
4.5 Baths
5,000-5,499 Sq Ft
$267/Sq Ft Est. Value

Last Sold February 19, 2019

Last sale price $1,034,416 $188 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $8,543/month

Highlights

  • Home Theater
  • New Construction
  • Vaulted Ceiling
  • Bailey Station Elementary School Rated A
  • Landscaped Professionally
  • French Architecture

About This Home

As of February 2019

Gorgeous Chalet custom home in Shepherd's Creek by Magnolia Homes. Extensive luxury finishes custom built to your vision. Homes include Pella Windows that have aluminum clad exteriors. Low maintenance James Hardie Exterior TRIM and siding, foam insulation on all exterior heated walls, generous wide plank hardwood floors, variety of home designs and generous lighting and interior trim finishes.

Last Agent to Sell the Property

Sarah Bard

Oak Grove Realty, LLC License #348530 Listed on: 02/12/2019

Co-Listed By

Mary Brown

Groome & Co. License #343561

Last Buyer's Agent

Sarah Bard

Oak Grove Realty, LLC License #348530 Listed on: 02/12/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,439

Year Built

  • Built in 2019 | New Construction

Lot Details

  • Lot Dimensions are 105x171
  • Landscaped Professionally
  • Sprinklers on Timer

Home Design

  • French Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 5,000-5,499 Sq Ft Home
  • 5,438 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • 2 Fireplaces
  • Aluminum Window Frames
  • Mud Room
  • Entrance Foyer
  • Great Room
  • Breakfast Room
  • Dining Room
  • Home Theater
  • Home Office
  • Bonus Room
  • Play Room
  • Permanent Attic Stairs
  • Laundry Room

Kitchen

  • 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
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower

Home Security

  • Burglar Security System
  • Fire and Smoke Detector

Parking

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

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater

Community Details

  • Shepherds Creek Subdivision
  • Mandatory Home Owners Association
  • Planned Unit Development

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,439

Year Built

Built in 2019 | New Construction

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: French
  • Detached Unit Type: General Residential
  • Cross Street: Lambs Brook Lane
  • MLS Map #: 872B
  • MAAR Subdivision Name: Shepherds Creek Ph2
  • Est Date Of Completion: 02/18/2019
  • List Price Per Sq Ft: 190
  • Number Of Stories: 2
  • Price Per Sq Ft: 190.22
  • Prop Construction Status: New Construction (Never Occupied)
  • Planned Unit Development: Yes
  • Estimated Sq Ft: 5438
  • Year Built: 2019
  • 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, 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, Media Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Vaulted/Coffered Primary, Split Bedroom Plan, Luxury Primary Bath, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 5000-5499
  • Bedroom 2 Description: Level 1, Private Full Bath, Smooth Ceiling
  • Bedroom 3 Description: Level 2, Walk-In Closet, Shared Bath
  • Bedroom 4 Description: Level 2, Walk-In Closet, Shared Bath
  • Bedroom 5 Description: Level 2, Walk-In Closet, Private Full Bath
  • Bedrooms: 5
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Equipment: Double Oven, Gas Cooking, Dishwasher, Microwave, Refrigerator
  • Living Dining Kitchen: Separate Dining Room, Great Room, Separate Breakfast Room, Pantry, Island In Kitchen
  • Misc Interior: Walk-In Closet(s), Permanent Attic Stairs, Walk-In Attic, Mud Room, Security System, Smoke Detector(s), Vent Hood/Exhaust Fan
  • Number Of Fireplaces: 2
  • Other Rooms: Laundry Room, Bonus Room, Entry Hall, Media Room
  • Total Bathrooms: 4.1
  • Primary Bathroom Description: Double Sinks, Separate Shower, Vaulted/Coffered 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, Hardwood Floor

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler, Patio, Covered Patio
  • Exterior Windows: Brick Veneer, Aluminum/Steel Siding
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 4
  • Parking Display: G4A
  • Parking Storage: Driveway/Pad, More than 3 Coverd Spaces, Garage Door Opener(s), Side-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Burglar Alarm, Smoke Detector(s)
  • Water Sewer: Electric Water Heater, 2+ Water Heaters

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Professionally Landscaped
  • Lot Number: 43
  • Lot Size: 105x171

Multi Family

  • Number Of Rooms: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2019
Closed on
Feb 19, 2019
Sold by
Magnolia Homes Inc
Bought by
Pennington Jonathan and Pennington Katherine M
Seller's Agent
Sarah Bard
Oak Grove Realty, LLC
Buyer's Agent
Sarah Bard
Oak Grove Realty, LLC
List Price
$1,034,416
Sold Price
$1,034,416
Current Estimated Value
$1,467,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$432,808
Avg. Annual Appreciation
5.37%
Original Mortgage
$805,000
Outstanding Balance
$707,739
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$759,485
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 Buyer Sale Price Title Company
Pennington Jonathan $1,034,416 Memphis Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pennington Jonathan $805,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/19/2019 02/19/19 Sold $1,034,416 0.0% $207 / Sq Ft
02/12/2019 02/12/19 For Sale $1,034,416 -- $207 / 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 $9,439 $409,500 $75,000 $334,500
2024 $9,439 $278,425 $55,050 $223,375
2023 $14,562 $278,425 $55,050 $223,375
2022 $14,228 $278,425 $55,050 $223,375
2021 $16,706 $278,425 $55,050 $223,375
2020 $13,639 $231,950 $40,050 $191,900
2019 $4,563 $112,675 $40,050 $72,625
2018 $1,622 $40,050 $40,050 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10046956

Memphis Area Association of REALTORS®

APN: C0-232A-B0-0017