NOT LISTED FOR SALE

1573 Preakness Run Ln Collierville, TN 38017

Estimated Value: $959,000 - $1,027,000

5 Beds
5.5 Baths
5,000-5,499 Sq Ft
$180/Sq Ft Est. Value

Last Sold January 30, 2020

Last sale price $685,000 $125 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $5,785/month

Highlights

  • Home Theater
  • Landscaped Professionally
  • Vaulted Ceiling
  • Crosswind Elementary School Rated A
  • Bonus Room with Fireplace
  • Traditional Architecture

About This Home

As of January 2020

No detail overlooked! This nearly new home is loaded with upgrades you won't find in the others - Quantum doors, expanded room sizes, stacked stone fireplace to the ceiling, a chef's kitchen with gorgeous custom cabinetry, farm house sink and a 6-burner gas range, customizable pantry with barn door. 5 ensuites (2 down), an office, exercise room, media room and bonus room, mudroom with cubbies and 1/2 bath, outdoor fireplace and kitchen. Pour a glass of wine - relax or entertain. This is heaven!

Last Agent to Sell the Property

Diane Peterson

Keller Williams License #277676 Listed on: 09/30/2019

Keller Williams

Co-Listed By

Bob Peterson

Keller Williams License #278135

Last Buyer's Agent

Max Rubenstein

Keller Williams License #336722

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,086

Year Built

  • Built in 2016

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 90.53 x 164
  • Wood Fence
  • Landscaped Professionally
  • Level Lot
  • Sprinklers on Timer

HOA Fees

  • $42 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 5,000-5,499 Sq Ft Home
  • 5,275 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Window Treatments
  • Mud Room
  • Entrance Foyer
  • Great Room
  • Breakfast Room
  • Dining Room
  • Home Theater
  • Den with Fireplace
  • Bonus Room with Fireplace
  • 2 Fireplaces
  • Play Room
  • Permanent Attic Stairs
  • Iron Doors
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Double Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • 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
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Gas Grill

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater
  • Cable TV Available

Community Details

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,086

Year Built

Built in 2016

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 872B
  • MAAR Subdivision Name: The Stables
  • List Price Per Sq Ft: 136
  • Number Of Stories: 2
  • Price Per Sq Ft: 129.86
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 5275
  • Year Built: 2016
  • 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, Breakfast Room
  • Second Story Floor Plan: 3rd Bedroom, 4th or More Bedrooms, 2 or More Baths, Play Room/Rec Room, Office, Bonus Room, Media Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Vaulted/Coffered Primary, Split Bedroom Plan, Luxury Primary Bath, Double Vanity Bath, Separate Tub & Shower, Full Bath Down
  • Estimated Heated Sq Ft Range: 5000-5499
  • Bedroom 2 Description: Level 1, 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, In Other Room, 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: Range/Oven, Self Cleaning Oven, Double Oven, Gas Cooking, Disposal, Dishwasher, Microwave, Cable Wired
  • Living Dining Kitchen: Separate Dining Room, Great Room, Breakfast Bar, Separate Breakfast Room, Pantry, Island In Kitchen
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Permanent Attic Stairs, Walk-In Attic, Mud Room, Vent Hood/Exhaust Fan
  • Number Of Fireplaces: 2
  • Other Rooms: Laundry Room, Play Room, Bonus Room, Entry Hall, Media Room, 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, Vaulted/Coffered Ceiling, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler, Gas Grill, Porch, Covered Patio, Wood Fence, Sidewalks
  • Exterior Windows: Brick Veneer, 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: More than 3 Coverd Spaces, Garage Door Opener(s), Side-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s), Dual System, 220 Wiring
  • Heating: Central, Gas, Dual System
  • Water Sewer: Gas 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: 41
  • Acreage: 0.38
  • Lot Size: 90.53 x 164
  • Price Per Acre: 1881579

Multi Family

  • Number Of Rooms: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2019
Closed on
Jan 30, 2020
Sold by
Dokum Ayotunde O and Dokum Adeola O
Bought by
Kothadia Jiten P and Kothadia Kajal J
Seller's Agent
Diane Peterson
Keller Williams
Buyer's Agent
Max Rubenstein
Keller Williams
List Price
$715,000
Sold Price
$685,000
Premium/Discount to List
-$30,000
-4.2%
Current Estimated Value
$991,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$306,575
Avg. Annual Appreciation
6.84%
Original Mortgage
$510,400
Outstanding Balance
$362,863
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$632,481

Purchase Details

Listed on
Dec 27, 2016
Closed on
Dec 22, 2016
Sold by
Pebble Investment Llc
Bought by
Dokun Ayoutunde O and Dokun Adeola O
Seller's Agent
Allen Green
John Green & Co., REALTORS
Buyer's Agent
Worth Jones
Ware Jones, REALTORS
List Price
$665,000
Sold Price
$665,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.96%
Original Mortgage
$631,750
Interest Rate
3.94%
Mortgage Type
New Conventional
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
Kothadia Jiten P $685,000 Home Surety T&E Llc
Dokun Ayoutunde O $665,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kothadia Jiten P $510,400
Previous Owner Dokun Ayoutunde O $631,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2020 01/30/20 Sold $685,000 -4.2% $137 / Sq Ft
12/29/2019 12/29/19 Pending -- -- --
09/30/2019 09/30/19 For Sale $715,000 +7.5% $143 / Sq Ft
12/27/2016 12/27/16 Sold $665,000 0.0% $148 / Sq Ft
12/27/2016 12/27/16 Pending -- -- --
12/27/2016 12/27/16 For Sale $665,000 -- $148 / 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 $6,086 $257,400 $36,300 $221,100
2024 $6,086 $179,525 $33,750 $145,775
2023 $9,389 $179,525 $33,750 $145,775
2022 $9,174 $179,525 $33,750 $145,775
2021 $10,772 $179,525 $33,750 $145,775
2020 $9,236 $157,075 $27,450 $129,625
2019 $6,362 $157,075 $27,450 $129,625
2018 $6,362 $157,075 $27,450 $129,625
2017 $9,016 $157,075 $27,450 $129,625
2016 $1,200 $27,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Diane Peterson

    Seller's Agent in 2020

    Diane Peterson

    Keller Williams

    (901) 860-4424

    9 in this area

    67 Total Sales

    Diane Peterson
    Section Image

  • B

    Seller Co-Listing Agent in 2020

    Bob Peterson

    Keller Williams

    Section Image
  • Max Rubenstein

    Buyer's Agent in 2020

    Max Rubenstein

    Keller Williams

    (901) 826-8351

    15 in this area

    90 Total Sales

    Max Rubenstein
    Section Image
  • Allen Green

    Seller's Agent in 2016

    Allen Green

    John Green & Co., REALTORS

    (901) 412-2998

    100 in this area

    125 Total Sales

    Allen Green
    Section Image
  • Michael Green

    Seller Co-Listing Agent in 2016

    Michael Green

    John Green & Co., REALTORS

    (901) 412-3008

    93 in this area

    121 Total Sales

    Michael Green
    Section Image
  • Worth Jones

    Buyer's Agent in 2016

    Worth Jones

    Ware Jones, REALTORS

    (901) 289-1890

    9 in this area

    155 Total Sales

    Worth Jones
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10063305

Memphis Area Association of REALTORS®

APN: C0-233M-M0-0007

Tennessee Shelby County Collierville 38017

1573 Preakness Run Ln, Collierville, TN

This home is located at 1573 Preakness Run Ln, Collierville, TN 38017 since 30 September 2019 and is currently estimated at $991,575, approximately $180 per square foot. This property was built in 2016. 1573 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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