$849,999
SOLD MAR 27, 2025
3 Beds
3.5 Baths
4,800-4,999 Sq Ft
2 Acres

Recently Sold

$170 Per Sq Ft

8% Below List Price

76 Days on Market

Highlights

  • Home Theater
  • Sitting Area In Primary Bedroom
  • Landscaped Professionally
  • Heated In Ground Pool
  • 2 Acre Lot
  • Living Room with Fireplace

About This Home

As of March 2025

PRICED TO SELL! Experience luxury living and serenity in this custom-built 5,000 sq ft home on 2 acres in the prestigious 48-home subdivision of Monterey Farms in Collierville. This premier estate features 2 executive bedroom suites, (1 upstairs and 1 downstairs), a guest room, heated in-ground salt-water pool w/waterfall, a state-of-the-art theater room w/surround sound/wet bar, 2 large suites, a spacious custom kitchen, 2 gas fireplaces, a 3-car garage w/separate workshop, and a fully-fenced backyard. Recent upgrades include NEW hardwood flooring/carpet throughout, NEW light fixtures throughout, NEW pool heater and filter, ALL HVAC systems less than 5 years old, and a 3-year-old roof. Enjoy the benefits of Shelby County taxes only while residing in one of Collierville's most sought-after neighborhoods. This home is move-in ready and has substantial attic space available for expansion. Schedule your private showing TODAY!

Last Agent to Sell the Property

Jeffery Williams

Keller Williams Realty License #376020 Listed on: 12/13/2024

Keller Williams Realty

Last Buyer's Agent

Flor Bernal

Crye-Leike, Inc., REALTORS License #338265

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,814

Year Built

  • Built in 2001

Lot Details

  • 2 Acre Lot
  • Wrought Iron Fence
  • Brick Fence
  • Landscaped Professionally
  • Level Lot
  • Sprinklers on Timer
  • Few Trees

HOA Fees

  • $46 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 4,800-4,999 Sq Ft Home
  • 4,961 Sq Ft Home
  • 1.5-Story Property
  • Wet Bar
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Some Wood Windows
  • Double Pane Windows
  • Great Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Home Theater
  • Den with Fireplace
  • Laundry Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • 3 Bedrooms | 1 Primary Bedroom on Main
  • En-Suite Bathroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Home Security

  • Home Security System
  • Fire and Smoke Detector
  • Iron Doors

Parking

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

Pool

  • Heated In Ground Pool
  • Pool Equipment or Cover

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Well
  • Gas Water Heater
  • Septic Tank

Community Details

  • Monterey Farms Subd Phase 1 Subdivision
  • Property managed by Monterey Farms Assoc
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number D0223Y A00003

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,814

Year Built

Built in 2001

Lot Details

0

HOA Fees

$46 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 799A
  • MAAR Subdivision Name: MONTEREY FARMS PH1
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 171.34
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 4961
  • Year Built: 2001
  • List Price/ Sq Ft: 171
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 1 1/2 Bath, Laundry Room
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, 4th or More Bedrooms, 2 or More Baths, Media Room
  • Additional Bedroom Bathroom Info: Primary Down, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 4800-4999
  • Bedroom 2 Description: Level 2, Walk-In Closet, Private Full Bath, Smooth Ceiling, Carpet
  • Bedroom 3 Description: Level 2, Walk-In Closet, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 4 Description: Level 2, Walk-In Closet, Shared Bath, Smooth Ceiling, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 1
  • Fireplace: In Living Room, In Den/Great Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Cooktop, Disposal, Dishwasher, Microwave, Trash Compactor
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Great Room, Eat-In Kitchen, Breakfast Bar, Pantry, Island In Kitchen
  • Misc Interior: Wet Bar, Walk-In Attic, Security System, Smoke Detector(s)
  • Number Of Fireplaces: 2
  • Other Rooms: Laundry Room, Media Room, Attic
  • Total Bathrooms: 3.1
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Full Bath, Sitting Area, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Auto Lawn Sprinkler, Pool Cleaning Equipment, Pool Heater, Covered Patio, Balcony, Brick/Ironed Fence
  • Exterior Windows: Brick Veneer, Wood/Composition, Double Pane Window(s), Steel Insulated Door(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, More than 3 Coverd Spaces, Garage Door Opener(s), Side-Load Garage

Utilities

  • Cooling: Central, 3 or More Systems
  • Heating: Central, Gas, 3 or More Systems
  • Water Sewer: Gas Water Heater, 2+ Water Heaters, Well Water, Septic Tank

Association/Amenities

  • Annual Association Fee: 550
  • Management Company: Monterey Farms Assoc
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Level, Professionally Landscaped, Brick/Stone Fenced, Iron Fenced
  • Lot Number: 3
  • Acreage: 2
  • Lot Size: 87531 SF 251 X 293
  • Price Per Acre: 425000
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 9

Tax Info

  • Assessor Parcel Number: D0223Y A00003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2024
Closed on
Mar 27, 2025
Sold by
Wegner Robert William
Bought by
Rodriguez Acevedo Isael and Cuevas Carbajal Maribel
Seller's Agent
Jeffery Williams
Keller Williams Realty
Buyer's Agent
Flor Bernal
Crye-Leike, Inc., REALTORS
List Price
$925,000
Sold Price
$849,999
Premium/Discount to List
-$75,001
-8.11%
Views
1617
Current Estimated Value
$841,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,587
Avg. Annual Appreciation
-4.55%
Original Mortgage
$679,999
Outstanding Balance
$678,827
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$152,367

Purchase Details

Closed on
Jul 9, 2018
Sold by
Wegner Stacy Ladawn Hemple Pond
Bought by
Wegner Robert William

Purchase Details

Listed on
May 18, 2014
Closed on
Sep 30, 2015
Sold by
Proctor James K and Proctor Michelle L
Bought by
Wegner Robert W
Seller's Agent
Michael Bryan
Bryan Realty Group
Buyer's Agent
Judy McLellan
Crye-Leike, Inc., REALTORS
List Price
$545,000
Sold Price
$470,000
Premium/Discount to List
-$75,000
-13.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.88%
Original Mortgage
$376,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2001
Sold by
Mcwaters/Williams Homes Inc
Bought by
Proctor James K and Proctor Michelle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$454,025
Interest Rate
6.62%

Purchase Details

Closed on
May 31, 2001
Sold by
Monterey Farms
Bought by
Mcwaters/Williams 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
$386,000
Interest Rate
7.11%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $849,999 Edco Title & Closing Services
Interfamily Deed Transfer -- None Available
Warranty Deed $470,000 Realty Title & Escrow Co
Warranty Deed $504,475 --
Warranty Deed $70,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $679,999 New Conventional
Closed $679,999 New Conventional
Previous Owner $376,000 New Conventional
Previous Owner $424,000 Adjustable Rate Mortgage/ARM
Previous Owner $90,000 Credit Line Revolving
Previous Owner $436,000 Unknown
Previous Owner $454,025 No Value Available
Previous Owner $386,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2025 03/27/25 Sold $849,999 0.0% $177 / Sq Ft
02/27/2025 02/27/25 Pending -- -- --
02/11/2025 02/11/25 Price Changed $849,999 -2.9% $177 / Sq Ft
02/01/2025 02/01/25 Price Changed $874,999 -5.4% $182 / Sq Ft
12/13/2024 12/13/24 For Sale $925,000 +96.8% $193 / Sq Ft
09/30/2015 09/30/15 Sold $470,000 -13.8% $104 / Sq Ft
09/14/2015 09/14/15 Pending -- -- --
05/18/2014 05/18/14 For Sale $545,000 -- $121 / 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 $4,814 $205,775 $45,750 $160,025
2024 $4,814 $142,000 $28,450 $113,550
2023 $4,814 $142,000 $28,450 $113,550
2022 $4,814 $142,000 $28,450 $113,550
2021 $4,899 $142,000 $28,450 $113,550
2020 $4,761 $117,550 $22,775 $94,775
2019 $4,761 $117,550 $22,775 $94,775
2018 $4,761 $117,550 $22,775 $94,775
2017 $4,831 $117,550 $22,775 $94,775
2016 $5,280 $120,825 $0 $0
2014 $5,280 $120,825 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10186645

Memphis Area Association of REALTORS®

APN: D0-223Y-A0-0003