NOT LISTED FOR SALE

1567 Lambs Meadow Ln Collierville, TN 38017

Estimated Value: $1,377,775 - $1,457,000

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

Last Sold March 30, 2018

Last sale price $1,061,307 $193 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $8,279/month

Highlights

  • Sitting Area In Primary Bedroom
  • Landscaped Professionally
  • Wooded Lot
  • Bailey Station Elementary School Rated A
  • Fireplace in Primary Bedroom
  • Vaulted Ceiling

About This Home

As of March 2018

This custom floor plan is perfect for family gatherings, entertaining, or just a cozy night at home!  It is a very spacious & open floor plan allowing everyone to gather together easily.

Last Agent to Sell the Property

Heather Oakes

Oak Grove Realty, LLC License #339286 Listed on: 08/28/2017

Last Buyer's Agent

Heather Oakes

Oak Grove Realty, LLC License #339286 Listed on: 08/28/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,334

Year Built

  • Built in 2017 | Under Construction

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 150x145
  • Wood Fence
  • Landscaped Professionally
  • Corner Lot
  • Level Lot
  • Sprinklers on Timer
  • Wooded Lot
  • Few Trees

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
  • 5,083 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Some Wood Windows
  • Double Pane Windows
  • Aluminum Window Frames
  • Mud Room
  • Entrance Foyer
  • Great Room
  • Breakfast Room
  • Dining Room
  • Den with Fireplace
  • 3 Fireplaces
  • Library
  • Play Room
  • Screened Porch
  • Storage Room
  • Laundry Room

Kitchen

  • Oven or Range
  • Gas Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • 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
  • Iron Doors

Parking

  • 3 Car Attached Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Patio
  • Outdoor Storage
  • 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

Est. Annual Taxes

$9,334

Year Built

Built in 2017 | Under Construction

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: LAMBS BROOK LANE
  • MLS Map #: 872B
  • MAAR Subdivision Name: SHEPHERD'S CREEK PH2
  • Est Date Of Completion: 01/30/2018
  • List Price Per Sq Ft: 203
  • Number Of Stories: 2
  • Price Per Sq Ft: 208.8
  • Prop Construction Status: Under Construction
  • Planned Unit Development: Yes
  • Estimated Sq Ft: 5083
  • 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, 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
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Vaulted/Coffered Primary, Split Bedroom Plan, 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, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 2, Walk-In Closet, Private Full Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 4 Description: Level 2, Walk-In Closet, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 5 Description: Level 2, Walk-In Closet, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 5
  • Bedrooms Down: 2
  • Fireplace: Ventless Gas Fireplace, In Den/Great Room, In Primary Bedroom, Gas Logs
  • Floors/Ceilings: Hardwood Throughout, Tile, Smooth Ceiling, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Equipment: Range/Oven, Cooktop, Gas Cooking, Disposal, Dishwasher, Microwave, Refrigerator, Cable Wired, Separate Ice Maker
  • Living Dining Kitchen: Separate Dining Room, Great Room, Separate Breakfast Room, Pantry, Island In Kitchen
  • Misc Interior: Walk-In Closet(s), Permanent Attic Stairs, Attic Access, Mud Room, Powder/Dressing Room, Smoke Detector(s), Monitored Alarm, Vent Hood/Exhaust Fan
  • Number Of Fireplaces: 3
  • Other Rooms: Laundry Room, Library/Study, Play Room, Entry Hall, Storage Room
  • Total Bathrooms: 4.2
  • 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, Fireplace, Sitting Area, Vaulted/Coffered Ceiling, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler, Gas Grill, Porch, Screen Porch, Patio, Covered Patio, Wooded Grounds, Well Landscaped Grounds, Wood Fence, Storage, Sidewalks
  • Exterior Windows: Brick Veneer, Wood/Composition, Aluminum Window(s), Double Pane Window(s), Steel Insulated Door(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), Back-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, Iron Door(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: 47
  • Acreage: 0.5
  • Lot Size: 150X145
  • Price Per Acre: 2060000

Multi Family

  • Number Of Rooms: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2017
Closed on
Mar 30, 2018
Sold by
Magnolia Homes Inc
Bought by
Singer Michael and Singer Julie
Seller's Agent
Heather Oakes
Oak Grove Realty, LLC
Buyer's Agent
Heather Oakes
Oak Grove Realty, LLC
List Price
$1,030,000
Sold Price
$1,061,307
Premium/Discount to List
$31,307
3.04%
Current Estimated Value
$1,410,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$349,637
Avg. Annual Appreciation
3.83%
Original Mortgage
$897,025
Outstanding Balance
$770,348
Interest Rate
4.38%
Mortgage Type
VA
Estimated Equity
$640,596

Purchase Details

Closed on
Aug 2, 2017
Sold by
Crews Developemet Llc
Bought by
Magnolia Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$790,163
Interest Rate
3.9%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Singer Michael $1,061,307 Memphis Title Co
Magnolia Homes Inc $177,000 Memphis Ttile Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singer Michael $897,025
Previous Owner Magnolia Homes Inc $790,163
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2018 03/30/18 Sold $1,061,307 +3.0% $212 / Sq Ft
09/06/2017 09/06/17 Pending -- -- --
08/28/2017 08/28/17 For Sale $1,030,000 -- $206 / 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 $9,334 $371,450 $75,000 $296,450
2024 $9,334 $275,350 $55,050 $220,300
2023 $14,401 $275,350 $55,050 $220,300
2022 $14,070 $275,350 $55,050 $220,300
2021 $16,521 $275,350 $55,050 $220,300
2020 $10,208 $252,050 $40,050 $212,000
2019 $10,208 $252,050 $40,050 $212,000
2018 $3,837 $94,750 $40,050 $54,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10010756

Memphis Area Association of REALTORS®

APN: C0-232A-B0-0021