NOT LISTED FOR SALE

1603 Preakness Run Ln Collierville, TN 38017

Estimated Value: $1,006,000 - $1,179,000

5 Beds
5.5 Baths
5,000-5,499 Sq Ft
$199/Sq Ft Est. Value

Sale Details

Date Sold: March 30, 2018

Last sale price $810,000 $147 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $6,475 / mo

110 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Attic
  • Crosswind Elementary School Rated A
  • Main Floor Primary Bedroom
  • Bonus Room

About This Home

As of March 2018

Stunning New Construction with everything already done! All appliances installed from Professional Series Refrigerators (3!) Gas ranges, ice maker, dual islands, quartz, plantation shutters, hardwood and tile floors in all of home except game room, 2 bedrooms down, awesome laundry room and pantry, butler's pantry, and more

Last Agent to Sell the Property

Sherry Harbur

Harbur Realty License #274284 Listed on: 10/30/2017

Harbur Realty

Last Buyer's Agent

Sherry Harbur

Harbur Realty License #274284 Listed on: 10/30/2017

Harbur Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2017

Lot Details

  • Wood Fence
  • Landscaped
  • Sprinklers on Timer

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 5,000-5,499 Sq Ft Home
  • 5,769 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Gas Log Fireplace
  • Window Treatments
  • Great Room
  • Breakfast Room
  • Dining Room
  • Den with Fireplace
  • Bonus Room
  • Keeping Room
  • Permanent Attic Stairs
  • Monitored
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Double Oven
  • Gas Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • 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
  • Bathtub With Separate Shower Stall

Parking

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

Outdoor Features

  • Patio

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Water Heater
  • Cable TV Available

Community Details

  • The Stables Subdivision
  • Mandatory Home Owners Association
  • Planned Unit Development

Listing and Financial Details

  • Assessor Parcel Number C0233M M0003

Home Details

Home Type

Single Family

Year Built

Built in 2017

Lot Details

0.39 Acres

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: The Stables
  • List Price Per Sq Ft: 138
  • Number Of Stories: 2
  • Prop Construction Status: Existing Property
  • Planned Unit Development: Yes
  • Estimated Sq Ft: 5769
  • Year Built: 2017
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, Keeping/Hearth Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Split Bedroom Plan, Luxury Primary Bath, Double Vanity Bath, Separate Tub & Shower, Half 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, Hardwood Floor
  • Bedroom 4 Description: Level 2, Walk-In Closet, Hardwood Floor
  • Bedroom 5 Description: Level 2, Private Full Bath, Smooth Ceiling
  • Bedrooms: 5
  • Bedrooms Down: 2
  • Fireplace: In Den/Great Room, Gas Logs
  • Floors/Ceilings: Part Hardwood, Tile
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Equipment: Double Oven, Gas Cooking, Disposal, Dishwasher, Microwave, Refrigerator, Cable Wired, Separate Ice Maker
  • 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, Cat/Dog Free House, Security System, Monitored Alarm
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Bonus Room, Attic
  • 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: Auto Lawn Sprinkler, Patio, Wood Fence
  • 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: Garage Door Opener(s), Side-Load Garage

Utilities

  • Cooling: Central, Dual System, 3 or More Systems
  • Heating: Central, Dual System, 3 or More Systems
  • Security: Burglar Alarm, Monitored Alarm System
  • Water Sewer: 2+ Water Heaters, Public Water, Public Sewer

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Landscaped, Wood Fenced
  • Lot Number: 37
  • Lot Size: .3910 acres

Tax Info

  • Assessor Parcel Number: C0233M M0003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2017
Closed on
Mar 30, 2018
Sold by
Patel Arvind Kumar and Patel Gitaben
Bought by
Gibson David Benjamin and Gibson Jennifer D
Seller's Agent
Sherry Harbur
Harbur Realty
Buyer's Agent
Sherry Harbur
Harbur Realty
List Price
$859,000
Sold Price
$810,000
Premium/Discount to List
-$49,000
-5.7%
Current Estimated Value
$1,094,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,184
Avg. Annual Appreciation
3.78%
Original Mortgage
$648,000
Outstanding Balance
$557,269
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$536,915

Purchase Details

Closed on
Dec 9, 2016
Sold by
Brown Companies Inc
Bought by
Patel Arvind Kuman and Patel Gitaben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$644,380
Interest Rate
3.47%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 5, 2016
Sold by
Klazmer Sklar Llc
Bought by
Brown Companies Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$644,380
Interest Rate
3.47%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gibson David Benjamin $810,000 None Available
Patel Arvind Kuman $121,000 None Available
Brown Companies Inc -- Memphis Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibson David Benjamin $648,000
Previous Owner Patel Arvind Kuman $644,380
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2018 03/30/18 Sold $810,000 -5.7% $162 / Sq Ft
02/17/2018 02/17/18 Pending -- -- --
10/30/2017 10/30/17 For Sale $859,000 -- $172 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $7,608 $322,225 $36,300 $285,925
2024 $7,608 $224,425 $33,750 $190,675
2023 $11,737 $224,425 $33,750 $190,675
2022 $11,468 $224,425 $33,750 $190,675
2021 $11,603 $224,425 $33,750 $190,675
2020 $11,540 $196,250 $27,450 $168,800
2019 $7,948 $196,250 $27,450 $168,800
2018 $7,948 $196,250 $27,450 $168,800
2017 $1,128 $27,450 $27,450 $0
2016 $1,200 $27,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10014581

Memphis Area Association of REALTORS®

APN: C0-233M-M0-0003

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