NOT LISTED FOR SALE

220 S Center St Collierville, TN 38017

Estimated Value: $546,866

0.8 Acre
$683,582 Price per Acre
34,848 Sq Ft Lot

Last Sold July 10, 2020

Last sale price $425,000

Est. 29% increase in value since last sale

Current estimated payment $3,415/month

Highlights

  • 0.8 Acre Lot
  • Collierville Elementary School Rated A-
  • Corner Lot

About This Lot

As of July 2020

Super location just south of the Collierville Square.Lot can be subdivided. Directly across from Gus's Fried Chicken in Collierville. New roundabout and parking spaces recently completed. Tons of potential.

Last Agent to Sell the Property

Marty McClatchy

Crye-Leike, Inc., REALTORS License #249581 Listed on: 01/17/2020

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Aven Russell

John Green & Co., REALTORS License #275713

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $23,657

Lot Details

  • 0.8 Acre Lot
  • Corner Lot
  • Level Lot
  • Property is zoned Com

Community Details

  • Mangum Subdivision

Listing and Financial Details

  • Assessor Parcel Number C0244 00513

Property Details

Property Type

Land

Est. Annual Taxes

$23,657

Lot Details

0

Listing Details

  • Class: Land
  • Type: Land
  • Location: Corner
  • MLS Map #: 876B
  • MAAR Subdivision Name: Mangum
  • Price Per Sq Ft: 531250
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Paved

Association/Amenities

  • Uses Of Adjacent Area: Retail, Residential

Lot Info

  • Acreage: 0.8
  • Lot Size: .80
  • Price Per Acre: 656250
  • Zoning: Com
  • Improvements: Curbs and Gutters, Sidewalk
  • Present Usage: None/Vacant
  • Shape: Regular
  • Topographic Feature: Level
  • Zoning Of Adjacent Area: Commercial

Tax Info

  • Assessor Parcel Number: C0244 00513

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2021
Sold by
Russell Development Llc
Bought by
Mid-South Gifted Academy Llc
Current Estimated Value
$546,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$478,000
Outstanding Balance
$421,273
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 17, 2020
Closed on
Jul 10, 2020
Sold by
Thomas Charles W and Stanton Janna Thomas
Bought by
Russell Development Llc
Seller's Agent
Marty McClatchy
Crye-Leike, Inc., REALTORS
Buyer's Agent
Aven Russell
John Green & Co., REALTORS
List Price
$575,000
Sold Price
$425,000
Premium/Discount to List
-$150,000
-26.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,250
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 23, 2015
Sold by
Hamby Michael N and Mathis Randy C
Bought by
Thomas Charles W and Stanton Janna Thomas

Purchase Details

Closed on
Oct 3, 2007
Sold by
Norcross Ii William E and Faulkenberry Joe T
Bought by
Faulkenberry Joe T and Mathis Randy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.41%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 8, 2004
Sold by
Miller Alvis T and Miller Billie R
Bought by
Faulkenbery Joe T and Mathis Randy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.73%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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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
Mid-South Gifted Academy Llc $485,000 None Listed On Document
Russell Development Llc $425,000 Realty Title
Thomas Charles W $313,500 Realty Title
Faulkenberry Joe T -- Ctc
Faulkenbery Joe T $410,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mid-South Gifted Academy Llc $478,000
Previous Owner Russell Development Llc $361,250
Previous Owner Faulkenberry Joe T $500,000
Previous Owner Faulkenbery Joe T $350,000
Closed Faulkenbery Joe T $61,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2020 07/10/20 Sold $425,000 -19.0% --
06/25/2020 06/25/20 Pending -- -- --
04/24/2020 04/24/20 Price Changed $525,000 -8.7% --
01/17/2020 01/17/20 For Sale $575,000 -- --
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 $23,657 $1,092,040 $119,320 $972,720
2024 $4,064 $697,840 $74,080 $623,760
2023 $6,270 $119,880 $74,080 $45,800
2022 $6,126 $119,880 $74,080 $45,800
2021 $7,193 $119,880 $74,080 $45,800
2020 $6,774 $115,200 $74,080 $41,120
2019 $4,666 $115,200 $74,080 $41,120
2018 $4,666 $115,200 $74,080 $41,120
2017 $6,863 $119,560 $78,440 $41,120
2016 $5,242 $119,960 $0 $0
2014 $5,242 $119,960 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Marty McClatchy

    Seller's Agent in 2020

    Marty McClatchy

    Crye-Leike

    (901) 652-7980

    2 in this area

    48 Total Sales

    Marty McClatchy
    Section Image

  • A

    Buyer's Agent in 2020

    Aven Russell

    John Green & Co., REALTORS

    (901) 603-1128

    3 in this area

    6 Total Sales

    Aven Russell
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10069128

Memphis Area Association of REALTORS®

APN: C0-244-0-0513

Tennessee Shelby County Collierville 38017

220 S Center St, Collierville, TN

This home is located at 220 S Center St, Collierville, TN 38017 since 17 January 2020 and is currently priced at $546,866. 220 S Center St is a home located in Shelby County with nearby schools including Collierville Elementary School, Collierville Middle School, and Collierville High School.

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