NOT LISTED FOR SALE

1540 Lambs Meadow Ln Collierville, TN 38017

Estimated Value: $1,373,000 - $1,601,000

5 Beds
5.5 Baths
5,000-5,499 Sq Ft
$273/Sq Ft Est. Value

Last Sold July 13, 2018

Last sale price $1,138,317 $207 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $8,800/month

Highlights

  • Newly Remodeled
  • In Ground Pool
  • Bonus Room with Fireplace
  • Bailey Station Elementary School Rated A
  • Landscaped Professionally
  • Vaulted Ceiling

About This Home

As of July 2018

This gorgeous custom Magnolia Home is perfectly situated on an amazing home-site. This home has it all - even a luxurious pool!

Last Agent to Sell the Property

Heather Oakes

Oak Grove Realty, LLC License #339286 Listed on: 06/29/2018

Last Buyer's Agent

Heather Oakes

Oak Grove Realty, LLC License #339286 Listed on: 06/29/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,817

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 0.58 Acre Lot
  • Lot Dimensions are 217x121
  • Wood Fence
  • Landscaped Professionally
  • Level Lot
  • Sprinklers on Timer

HOA Fees

  • $42 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 5,000-5,499 Sq Ft Home
  • 5,143 Sq Ft Home
  • 2-Story Property
  • Built-in Bookshelves
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Some Wood Windows
  • Double Pane Windows
  • Casement Windows
  • Aluminum Window Frames
  • Mud Room
  • Entrance Foyer
  • Great Room
  • Breakfast Room
  • Dining Room
  • Den with Fireplace
  • Bonus Room with Fireplace
  • 2 Fireplaces
  • Loft
  • Screened Porch
  • Storage Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • 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
  • Split Bedroom Floorplan
  • 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
  • Front Facing Garage
  • Side Facing Garage
  • Garage Door Opener
  • Circular Driveway

Outdoor Features

  • In Ground Pool
  • Patio
  • 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
  • Cable TV Available

Community Details

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,817

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional, French
  • Detached Unit Type: General Residential
  • Cross Street: SHEPHERD CREEK LANE
  • MLS Map #: 872B
  • MAAR Subdivision Name: SHEPHERDS CREEK PH2
  • Est Date Of Completion: 07/15/2018
  • List Price Per Sq Ft: 221
  • Number Of Stories: 2
  • Price Per Sq Ft: 221.33
  • Prop Construction Status: New Construction (Never Occupied)
  • Planned Unit Development: Yes
  • Estimated Sq Ft: 5143
  • 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, Breakfast Room, Office
  • Second Story Floor Plan: 3rd Bedroom, 4th or More Bedrooms, 2 or More Baths, Laundry Room, Bonus Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Vaulted/Coffered Primary, Split Bedroom Plan, Luxury Primary Bath, Double Vanity 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, Private Full Bath, Built-In Cabinets/Bkcases, 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, Shared Bath, Smooth Ceiling, Carpet
  • Bedrooms: 5
  • Bedrooms Down: 2
  • Fireplace: 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, Cooktop, Gas Cooking, Disposal, Dishwasher, Microwave, Refrigerator, Cable Wired, Separate Ice Maker
  • Living Dining Kitchen: Separate Dining Room, Great Room, Eat-In Kitchen, 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, Security System, Vent Hood/Exhaust Fan
  • Number Of Fireplaces: 2
  • Other Rooms: Laundry Room, Bonus Room, Office/Sewing Room, Entry Hall, Loft/Balcony, Attic
  • Total Bathrooms: 5.1
  • 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, Screen Porch, Patio, Covered Patio, Well Landscaped Grounds, Wood Fence, Sidewalks
  • Exterior Windows: Brick Veneer, Wood/Composition, Aluminum Window(s), Double Pane Window(s), Casement Window(s)
  • Foundation: Slab
  • Pool Description: In Ground
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 3
  • Parking Display: G3A
  • Parking Storage: Driveway/Pad, Circular Drive, More than 3 Coverd Spaces, Storage Room(s), Garage Door Opener(s), Front-Load Garage, Side-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s), 3 or More Systems, 220 Wiring
  • Heating: Central, Gas, Electric, 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: Level, Professionally Landscaped, Wood Fenced
  • Lot Number: 33
  • Acreage: 0.58
  • Lot Size: 217X121
  • Price Per Acre: 1962616

Multi Family

  • Number Of Rooms: 21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2018
Closed on
Jul 13, 2018
Sold by
Magnolia Homes Inc
Bought by
Young Kenneth Joseph and Young Jennifer Marie
Seller's Agent
Heather Oakes
Oak Grove Realty, LLC
Buyer's Agent
Heather Oakes
Oak Grove Realty, LLC
List Price
$1,138,317
Sold Price
$1,138,317
Current Estimated Value
$1,502,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$363,721
Avg. Annual Appreciation
3.88%
Original Mortgage
$910,653
Outstanding Balance
$789,217
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$712,821

Purchase Details

Closed on
Oct 3, 2017
Sold by
Crews Development Llc
Bought by
Magnolia Homes Inc
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
Young Kenneth Joseph $1,138,317 Memphis Title Co
Magnolia Homes Inc $178,000 Memphis Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Kenneth Joseph $910,653
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2018 07/13/18 Sold $1,138,317 0.0% $228 / Sq Ft
06/29/2018 06/29/18 Pending -- -- --
06/29/2018 06/29/18 For Sale $1,138,317 -- $228 / 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 $9,817 $391,925 $75,000 $316,925
2024 $9,817 $289,600 $55,050 $234,550
2023 $15,146 $289,600 $55,050 $234,550
2022 $14,799 $289,600 $55,050 $234,550
2021 $17,376 $289,600 $55,050 $234,550
2020 $15,897 $270,350 $40,050 $230,300
2019 $10,949 $270,350 $40,050 $230,300
2018 $3,313 $81,800 $40,050 $41,750
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2018

    Heather Oakes

    Oak Grove Realty, LLC

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10030687

Memphis Area Association of REALTORS®

APN: C0-232A-B0-0007

Tennessee Shelby County Collierville 38017

1540 Lambs Meadow Ln, Collierville, TN

This home is located at 1540 Lambs Meadow Ln, Collierville, TN 38017 since 29 June 2018 and is currently estimated at $1,502,038, approximately $273 per square foot. This property was built in 2018. 1540 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