NOT LISTED FOR SALE

1567 Preakness Run Ln Collierville, TN 38017

Estimated Value: $877,000 - $973,000

5 Beds
5.5 Baths
4,500-4,999 Sq Ft
$188/Sq Ft Est. Value

Last Sold December 05, 2022

Last sale price $850,000 $170 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,465/month

9 Days on Market

Highlights

  • Gated Parking
  • Two Primary Bedrooms
  • Wood Flooring
  • Crosswind Elementary School Rated A
  • Den with Fireplace
  • Main Floor Primary Bedroom

About This Home

As of December 2022

Stunning 5BR/5.5BA Celtic Manor Home in Collierville~Open Floor Plan w/Tons of Natural Light~Gourmet Chef's Kitchen w/Soft-Close Cabinets, Gas Cooking & Oversized Island~Large Formal Dining Room~True Primary Bedroom Suite w/ 2 Walk-In Closets & Bath w/Double Vanities, Clawfoot Tub & Separate Shower~2nd BR Suite Down~Bonus Room + Three BRs Up~Each BR Has Private Bath & Walk-In Closet~Gorgeous 100 Year Old White Oak Hardwood Floors~Amazing Outdoor Entertaining Space & Fireplace~Iron Security Gate

Last Agent to Sell the Property

Jennifer Carstensen

Real Estate Agency License #317824 Listed on: 10/20/2022

Last Buyer's Agent

Nataraja Krishnaraju

Crye-Leike, Inc., REALTORS License #333358

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,641

Year Built

  • Built in 2017

Lot Details

  • 0.38 Acre Lot
  • Wrought Iron Fence
  • Wood Fence
  • Landscaped
  • Level Lot

HOA Fees

  • $42 Monthly HOA Fees

Home Design

  • Soft Contemporary Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 4,500-4,999 Sq Ft Home
  • 4,572 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Entrance Foyer
  • Great Room
  • Dining Room
  • Den with Fireplace
  • 2 Fireplaces
  • Bonus Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Gas Cooktop
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Driveway
  • Gated Parking

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Community Details

  • The Stables S/D Ph 2 Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number C0233M M00008

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,641

Year Built

Built in 2017

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Soft Contemporary
  • Detached Unit Type: General Residential
  • MLS Map #: 872B
  • MAAR Subdivision Name: THE STABLES PH2
  • List Price Per Sq Ft: 190
  • Number Of Stories: 2
  • Price Per Sq Ft: 185.91
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 4572
  • Year Built: 2017
  • Special Features: None
  • 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
  • Second Story Floor Plan: 3rd Bedroom, 4th or More Bedrooms, 2 or More Baths, Bonus Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Two Primaries, Split Bedroom Plan, Luxury Primary Bath, Double Vanity Bath, Separate Tub & Shower, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 4500-4999
  • 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, 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: In Den/Great Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Equipment: Double Oven, Cooktop, Gas Cooking, Disposal, Dishwasher
  • Living Dining Kitchen: Separate Dining Room, Great Room, Eat-In Kitchen, Breakfast Bar, Pantry, Island In Kitchen, Washer/Dryer Connections
  • Number Of Fireplaces: 2
  • Other Rooms: Laundry Room, Bonus Room, Entry Hall, 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, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Patio, Covered Patio, Well Landscaped Grounds
  • Exterior Windows: Brick Veneer
  • 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, Side-Load Garage, Gated Parking, Gate Clickers

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Association/Amenities

  • Annual Association Fee: 500
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Level, Landscaped, Wood Fenced, Iron Fenced
  • Lot Number: 42
  • Acreage: 0.38
  • Lot Size: 89.59 X 164 IRR
  • Price Per Acre: 2289474

Multi Family

  • Number Of Rooms: 11

Tax Info

  • Assessor Parcel Number: C0233M M00008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2023
Sold by
Srinivasan Vijay and Srinivasan Madhuri
Bought by
1567 Preakness Run Lane Trust and Coons
Current Estimated Value
$937,955

Purchase Details

Listed on
Oct 20, 2022
Closed on
Dec 2, 2022
Sold by
Odom Erik and Odom Summer
Bought by
Srinivasan Vijay and Srinivasan Madhuri
Seller's Agent
Jennifer Carstensen
Real Estate Agency
Buyer's Agent
Nataraja Krishnaraju
Crye-Leike, Inc., REALTORS
List Price
$870,000
Sold Price
$850,000
Premium/Discount to List
-$20,000
-2.3%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.98%
Original Mortgage
$680,000
Interest Rate
7.08%
Mortgage Type
Balloon

Purchase Details

Listed on
May 9, 2019
Closed on
Dec 21, 2019
Sold by
Fierro Arturo F and Fierro Paula C
Bought by
Odom Erik and Odom Summer
Seller's Agent
Anna Bishop
Crye-Leike, Inc., REALTORS
Buyer's Agent
Carla Fraser
Exit Realty Blues City
List Price
$740,000
Sold Price
$710,000
Premium/Discount to List
-$30,000
-4.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.29%
Original Mortgage
$650,000
Interest Rate
3.7%
Mortgage Type
VA

Purchase Details

Listed on
Jun 16, 2017
Closed on
Sep 12, 2017
Sold by
Celtic Manor Homes Llc
Bought by
Fierro Arturo F and Fierro Paula C
Seller's Agent
Melissa Blume Thompson
eXp Realty
Buyer's Agent
Crissy Smith
Crye-Leike, Inc., REALTORS
List Price
$684,900
Sold Price
$667,500
Premium/Discount to List
-$17,400
-2.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.74%
Original Mortgage
$534,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2016
Sold by
Stables Group Llc
Bought by
Celtic Manor Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,000
Interest Rate
3.43%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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
1567 Preakness Run Lane Trust -- None Listed On Document
Srinivasan Vijay $850,000 Realty Title
Odom Erik $710,000 Delta Title Services Llc
Fierro Arturo F $667,500 Mid South Title Services Llc
Celtic Manor Homes Llc $113,500 Mid South Title Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Srinivasan Vijay $680,000
Previous Owner Odom Erik $650,000
Previous Owner Fierro Arturo F $534,000
Previous Owner Celtic Manor Homes Llc $524,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2022 12/05/22 Sold $850,000 -2.3% $189 / Sq Ft
10/20/2022 10/20/22 For Sale $870,000 +22.5% $193 / Sq Ft
12/23/2019 12/23/19 Sold $710,000 0.0% $158 / Sq Ft
10/30/2019 10/30/19 Pending -- -- --
07/04/2019 07/04/19 Price Changed $710,000 -2.6% $158 / Sq Ft
06/24/2019 06/24/19 Price Changed $729,000 -1.5% $162 / Sq Ft
05/09/2019 05/09/19 For Sale $740,000 +10.9% $164 / Sq Ft
09/12/2017 09/12/17 Sold $667,500 -2.5% $148 / Sq Ft
08/09/2017 08/09/17 Pending -- -- --
06/16/2017 06/16/17 For Sale $684,900 -- $152 / 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 $5,641 $237,400 $36,300 $201,100
2024 $5,641 $166,400 $33,750 $132,650
2023 $8,703 $166,400 $33,750 $132,650
2022 $8,503 $166,400 $33,750 $132,650
2021 $9,984 $166,400 $33,750 $132,650
2020 $6,740 $166,425 $27,450 $138,975
2019 $6,740 $166,425 $27,450 $138,975
2018 $6,740 $166,425 $27,450 $138,975
2017 $1,867 $32,525 $27,450 $5,075
2016 $1,200 $27,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Carstensen

    Seller's Agent in 2022

    Jennifer Carstensen

    Real Estate Agency

    (901) 201-0280

    19 in this area

    337 Total Sales

    Jennifer Carstensen
    Section Image
  • Nataraja Krishnaraju

    Buyer's Agent in 2022

    Nataraja Krishnaraju

    Crye-Leike

    (901) 626-7995

    47 in this area

    106 Total Sales

    Nataraja Krishnaraju
    Section Image
  • Anna Bishop

    Seller's Agent in 2019

    Anna Bishop

    Crye-Leike

    (901) 573-2832

    8 in this area

    266 Total Sales

    Anna Bishop
    Section Image

  • C

    Buyer's Agent in 2019

    Carla Fraser

    Exit Realty Blues City

    Section Image
  • Melissa Blume Thompson

    Seller's Agent in 2017

    Melissa Blume Thompson

    eXp Realty

    (901) 729-9443

    30 in this area

    298 Total Sales

    Melissa Blume Thompson
    Section Image

  • C

    Buyer's Agent in 2017

    Crissy Smith

    Crye-Leike

    (901) 647-3296

    1 in this area

    7 Total Sales

    Crissy Smith
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10136107

Memphis Area Association of REALTORS®

APN: C0-233M-M0-0008

Tennessee Shelby County Collierville 38017

1567 Preakness Run Ln, Collierville, TN

This home is located at 1567 Preakness Run Ln, Collierville, TN 38017 since 20 October 2022 and is currently estimated at $937,955, approximately $187 per square foot. This property was built in 2017. 1567 Preakness Run Ln is a home located in Shelby County with nearby schools including Crosswind Elementary School, West Collierville Middle School, and Collierville High School.

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