NOT LISTED FOR SALE

2011 Lonhill Cove Collierville, TN 38017

Estimated Value: $646,818 - $675,000

5 Beds
3.5 Baths
3,800-3,999 Sq Ft
$166/Sq Ft Est. Value

Last Sold May 01, 2023

Last sale price $622,000 $156 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,936/month

71 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Double Pane Windows
  • Bailey Station Elementary School Rated A
  • Main Floor Primary Bedroom
  • Central Heating and Cooling System

About This Home

As of May 2023

5 beds, 3.5 baths with a bonus room. Fresh paint inside and out. Granite in the kitchen. Stainless steel appliances. Hardwood floors through the downstairs living areas. New carpet in the master bedroom and throughout the upstairs. Some new lighting and fans throughout the home. New custom tile shower in the master bedroom with a frameless shower door and dual shower heads. All the bedrooms have huge closets. 2 staircases for the upstairs. Large 3 car garage. Nice mature trees in the fenced BY.

Last Agent to Sell the Property

Chance Williams

Muddy Waters Realty, LLC License #336136 Listed on: 12/13/2022

Last Buyer's Agent

Candace Franklin

REMAX Experts License #337245

REMAX Experts

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,177

Year Built

  • Built in 2006

Lot Details

  • 0.36

Home Design

  • Traditional Architecture
  • Property Attached

Interior Spaces

  • 3,800-3,999 Sq Ft Home
  • 3,943 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Dining Room

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main

Parking

  • 3 Car Garage
  • Side Facing Garage
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Almadale Farms Ph14 Subdivision
  • Mandatory Home Owners Association

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,177

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • MLS Map #: 872A
  • MAAR Subdivision Name: ALMADALE FARMS PH14
  • List Price Per Sq Ft: 162
  • Number Of Stories: 2
  • Price Per Sq Ft: 157.75
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3943
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down
  • Estimated Heated Sq Ft Range: 3800-3999
  • Bedrooms: 5
  • Bedrooms Down: 1
  • Floors/Ceilings: Part Hardwood, Part Carpet
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Dining Room
  • Total Bathrooms: 3.1

Exterior Features

  • Exterior Windows: Brick Veneer, Double Pane Window(s)

Garage/Parking

  • Number Covered Parking Spaces: 3
  • Parking Display: 3
  • Parking Storage: Driveway/Pad, Side-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Size: 44.53 X 153.01 IRR

Multi Family

  • Number Of Rooms: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2022
Closed on
May 1, 2023
Sold by
Memphis Wealth Builders Llc
Bought by
Smith Shomari and Barnes Alicia
Seller's Agent
Chance Williams
Muddy Waters Realty, LLC
Buyer's Agent
Candace Franklin
REMAX Experts
List Price
$650,000
Sold Price
$622,000
Premium/Discount to List
-$28,000
-4.31%
Views
221
Current Estimated Value
$663,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,705
Avg. Annual Appreciation
3.45%
Original Mortgage
$622,000
Outstanding Balance
$604,398
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$69,230

Purchase Details

Closed on
Feb 2, 2022
Sold by
Realty Capital Group Llc
Bought by
Memphis Wealth Builders Llc

Purchase Details

Closed on
Dec 20, 2012
Sold by
Simpsons Investments
Bought by
Realty Capital Group Llc

Purchase Details

Closed on
May 6, 2011
Sold by
Simpson Jessica
Bought by
Simpsons Investments

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,750
Interest Rate
4.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2011
Sold by
Dennis Gerald D and Dennis Lisa T
Bought by
Simpson Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,750
Interest Rate
4.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2006
Sold by
Summerset Homes Inc
Bought by
Dennis Gerald D and Dennis Lisa T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
6.49%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Smith Shomari $622,000 Preferred Title
Memphis Wealth Builders Llc $400,000 Commercial Title Group
Realty Capital Group Llc -- None Available
Simpsons Investments -- None Available
Simpson Jessica $405,000 Realty Title
Dennis Gerald D $470,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Shomari $622,000
Previous Owner Simpson Jessica $303,750
Previous Owner Dennis Gerald D $361,200
Previous Owner Dennis Gerald $90,000
Previous Owner Dennis Gerald D $376,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2023 05/01/23 Sold $622,000 -2.8% $164 / Sq Ft
02/22/2023 02/22/23 Pending -- -- --
02/16/2023 02/16/23 Price Changed $639,900 -1.6% $168 / Sq Ft
12/13/2022 12/13/22 For Sale $650,000 -- $171 / 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 $4,177 $175,625 $22,350 $153,275
2024 $4,177 $123,225 $22,350 $100,875
2023 $6,445 $123,225 $22,350 $100,875
2022 $6,297 $123,225 $22,350 $100,875
2021 $4,707 $136,425 $22,350 $114,075
2020 $6,321 $107,500 $22,350 $85,150
2019 $4,354 $107,500 $22,350 $85,150
2018 $4,733 $116,875 $22,350 $94,525
2017 $6,709 $116,875 $22,350 $94,525
2016 $4,332 $99,125 $0 $0
2014 $4,332 $99,125 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    Chance Williams

    Muddy Waters Realty, LLC

    (662) 536-3068

    1 in this area

    11 Total Sales

    Chance Williams
    Section Image
  • Candace Franklin

    Buyer's Agent in 2023

    Candace Franklin

    RE/MAX

    (901) 410-2211

    1 in this area

    49 Total Sales

    Candace Franklin
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10138988

Memphis Area Association of REALTORS®

APN: C0-232V-C0-0004

Tennessee Shelby County Collierville 38017

2011 Lonhill Cove, Collierville, TN

This home is located at 2011 Lonhill Cove, Collierville, TN 38017 since 13 December 2022 and is currently estimated at $663,705, approximately $165 per square foot. This property was built in 2006. 2011 Lonhill Cove is a home located in Shelby County with nearby schools including Bailey Station Elementary School, West Collierville Middle School, and Collierville High School.

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