
224 S Monterey Farms Cove Collierville, TN 38017
Gray's Creek NeighborhoodEstimated payment $6,030/month
Highlights
- Hot Property
- In Ground Pool
- Updated Kitchen
- Home Theater
- Lake On Lot
- 2 Acre Lot
About This Home
Custom 6,018 sq ft estate on a 2-acre corner lot in Collierville's Monterey Farms with private lake, resort-style gunite pool with waterfall, and extensive updates. Elevated hilltop setting with architectural lighting delivers unmatched curb appeal. Main level features a luxury primary suite, second en suite, private office, and chef's kitchen with commercial-grade JennAir appliances. Upstairs includes a full theater with 100-inch screen and projector, multifunction room, and two additional bedrooms. Updates include 4-inch white oak hardwood flooring, new architectural roof, Tuscan iron entry doors, designer lighting and fans, and tankless water heater. Outdoor living offers a 25x14 covered patio, pool with waterfall, and fully fenced backyard. A Collierville estate combining privacy, acreage, and amenities-ready for serious buyers.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,249
Year Built
- Built in 2007
Lot Details
- 2 Acre Lot
- Corner Lot
- Sprinklers on Timer
- Wooded Lot
Home Design
- French Architecture
- Slab Foundation
- Composition Shingle Roof
Interior Spaces
- 5,800-5,999 Sq Ft Home
- 5,867 Sq Ft Home
- 1.5-Story Property
- Smooth Ceilings
- Ceiling Fan
- 2 Fireplaces
- Fireplace in Hearth Room
- Some Wood Windows
- Double Pane Windows
- Entrance Foyer
- Separate Formal Living Room
- Breakfast Room
- Dining Room
- Home Theater
- Home Office
- Library
- Bonus Room
- Storage Room
- Laundry Room
- Keeping Room
Kitchen
- Updated Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Trash Compactor
- Disposal
Flooring
- Wood
- Partially Carpeted
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms | 2 Main Level Bedrooms
- Primary Bedroom on Main
- Fireplace in Primary Bedroom
- En-Suite Bathroom
- Walk-In Closet
- Dressing Area
- Primary Bathroom is a Full Bathroom
- Dual Vanity Sinks in Primary Bathroom
- Whirlpool Bathtub
- Bathtub With Separate Shower Stall
Parking
- 3 Car Garage
- Side Facing Garage
- Garage Door Opener
- Driveway
Pool
- In Ground Pool
- Pool Equipment or Cover
Outdoor Features
- Lake On Lot
- Covered Patio or Porch
Utilities
- Central Heating and Cooling System
- Gas Water Heater
- Septic Tank
Community Details
- Monterey Farms Subd Phase 1 Subdivision
- Mandatory Home Owners Association
Listing and Financial Details
- Assessor Parcel Number D0223Y A00027
Map
Home Values in the Area
Average Home Value in this Area
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 | $5,249 | $236,725 | $45,750 | $190,975 |
2024 | $5,249 | $154,850 | $28,450 | $126,400 |
2023 | $5,249 | $154,850 | $28,450 | $126,400 |
2022 | $5,249 | $154,850 | $28,450 | $126,400 |
2021 | $5,342 | $154,850 | $28,450 | $126,400 |
2020 | $5,204 | $128,500 | $22,775 | $105,725 |
2019 | $5,204 | $128,500 | $22,775 | $105,725 |
2018 | $5,204 | $128,500 | $22,775 | $105,725 |
2017 | $5,281 | $128,500 | $22,775 | $105,725 |
2016 | $5,461 | $124,975 | $0 | $0 |
2014 | $5,461 | $124,975 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
09/19/2025 09/19/25 | Price Changed | $1,059,000 | -1.5% | $183 / Sq Ft |
09/08/2025 09/08/25 | Price Changed | $1,074,999 | -1.4% | $185 / Sq Ft |
08/18/2025 08/18/25 | For Sale | $1,089,999 | +8.9% | $188 / Sq Ft |
04/26/2024 04/26/24 | Sold | $1,001,000 | +0.6% | $182 / Sq Ft |
03/15/2024 03/15/24 | Pending | -- | -- | -- |
03/08/2024 03/08/24 | For Sale | $995,000 | +10.6% | $181 / Sq Ft |
06/09/2021 06/09/21 | Sold | $899,900 | 0.0% | $150 / Sq Ft |
05/26/2021 05/26/21 | Pending | -- | -- | -- |
05/07/2021 05/07/21 | For Sale | $899,900 | -- | $150 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Quit Claim Deed | -- | None Listed On Document | |
Warranty Deed | $1,001,000 | Quality Title Group | |
Warranty Deed | $899,900 | Quality Title Group Llc | |
Warranty Deed | $95,000 | Fat |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $1,001,000 | New Conventional | |
Previous Owner | $548,250 | New Conventional | |
Previous Owner | $405,000 | New Conventional | |
Previous Owner | $20,000 | Credit Line Revolving | |
Previous Owner | $417,000 | Unknown | |
Previous Owner | $417,000 | Unknown | |
Previous Owner | $53,583 | Unknown | |
Previous Owner | $417,000 | Unknown | |
Previous Owner | $61,000 | Stand Alone Second | |
Previous Owner | $768,566 | Construction |
About the Listing Agent

Jeffery is a retired U.S. Navy veteran with 23 years of honorable service, now a full-time real estate agent known for professionalism, transparency, and results. He thrives in a fast-moving market, delivering top-tier service to every client. Backed by Keller Williams, he brings award-winning support and industry-leading tools to every transaction. Call or text today!
Jeffery's Other Listings
Source: Memphis Area Association of REALTORS®
MLS Number: 10203782

APN: D0-223Y-A0-0027
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