$2,200,000
SOLD AUG 25, 2025

3044 Shea Rd Collierville, TN 38017

5 Beds
7 Baths
9,000-9,999 Sq Ft
10 Acres

Recently Sold

$220 Per Sq Ft

45% Below List Price

435 Days on Market

Highlights

  • Detached Guest House
  • Greenhouse
  • Home Theater
  • Bailey Station Elementary School Rated A
  • Second Kitchen
  • Garage Apartment

About This Home

As of August 2025

Opportunity Awaits! This stunning 10-acre gated estate presents a meticulously renovated main house with attached 3-car garage plus a fantastic guest house, complete with heated, and cooled 4-car garage – a perfect setup for car enthusiasts, hobbyists, or those needing extra storage space. For pet owners, there are dedicated, fenced dog quarters, including a comfortable, conditioned dog house. Enjoy the pleasures of a private greenhouse for gardening and the serene beauty of your own private fountained pond. The main residence has been lovingly updated, including the addition of a second substantial 125 sq ft primary closet. Benefit from the added security and convenience of a 80kw Generac generator, ensuring seamless backup power for the entire estate. Located in the sought-after Collierville area, this property offers a blend of luxury, functionality, and privacy. "Please Note: All MLS-provided information regarding BRs, BAs, total square ft, and garage spaces incl the guest house."

Last Agent to Sell the Property

Judy McLellan

Crye-Leike, Inc., REALTORS License #16362 Listed on: 05/17/2024

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Justin Moore

Regency Realty, LLC License #374425

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,567

Year Built

  • Built in 1990

Lot Details

  • 10 Acre Lot
  • Lot Dimensions are 454x956
  • Dog Run
  • Wrought Iron Fence
  • Wood Fence
  • Landscaped Professionally
  • Level Lot
  • Sprinklers on Timer
  • Wooded Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 9,000-9,999 Sq Ft Home
  • 9,582 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Log Fireplace
  • Some Wood Windows
  • Double Pane Windows
  • Window Treatments
  • Two Story Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Home Theater
  • Home Office
  • Library
  • Bonus Room with Fireplace
  • Play Room
  • Storage Room
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Second Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

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

Home Security

  • Burglar Security System
  • Security Gate
  • Fire and Smoke Detector

Parking

  • 7 Car Garage
  • Garage Apartment
  • Rear-Facing Garage
  • Side Facing Garage
  • Garage Door Opener
  • Gated Parking

Outdoor Features

  • Patio
  • Greenhouse
  • Porch

Additional Homes

  • Detached Guest House

Utilities

  • Multiple cooling system units
  • Central Air
  • Multiple Heating Units
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number C0232 00243

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,567

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Poplar
  • MLS Map #: 872D
  • Number Of Stories: 2
  • Price Per Sq Ft: 229.6
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 9582
  • Year Built: 1990
  • List Price/ Sq Ft: 313
  • 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, 2nd Bedroom, 2 or More Baths, Laundry Room, Office
  • Second Story Floor Plan: 3rd Bedroom, 4th or More Bedrooms, 2 or More Baths, Play Room/Rec Room, Office, Bonus Room, Media Room
  • Additional Bedroom Bathroom Info: Primary Down, Renovated Bathroom, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 9000 - 9999
  • Bedroom 2 Description: Level 1, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 2, Walk-In Closet, Private Full Bath, Smooth Ceiling, Carpet
  • Bedroom 4 Description: Level 2, Walk-In Closet, Private Full Bath, Smooth Ceiling, Carpet
  • Bedroom 5 Description: Level 1, Private Full Bath, Smooth Ceiling, Carpet
  • Bedrooms: 5
  • Bedrooms Down: 3
  • Fireplace: Ventless Gas Fireplace, Vented Gas Fireplace, In Living Room, In Other Room, Gas Starter, Gas Logs
  • Floors/Ceilings: Part Hardwood, Part Carpet, Smooth Ceiling, 9 or more Ft. Ceiling, Two Story Foyer
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Equipment: Self Cleaning Oven, Double Oven, Cooktop, Gas Cooking, Disposal, Dishwasher, Microwave, Refrigerator, Cable Wired, Separate Ice Maker
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Great Room, Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar, Pantry, Island In Kitchen
  • Misc Interior: All Window Treatments, Wet Bar, Walk-In Closet(s), Central Vacuum, Rear Stairs to Playroom, Powder/Dressing Room, Security System, Smoke Detector(s), Vent Hood/Exhaust Fan
  • Number Of Fireplaces: 2
  • Other Rooms: Laundry Room, Library/Study, Play Room, Bonus Room, Separate Guest House, 2nd Kitchen, Entry Hall, Media Room, Storage Room
  • Total Bathrooms: 5.2
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Dressing Area, 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, Sitting Area, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler, Dog Run, Porch, Patio, Greenhouse, Garage Apartment, Wooded Grounds, Well Landscaped Grounds, Wood Fence, Pet Area, Iron Fence
  • Exterior Windows: Brick Veneer, Wood Window(s), Double Pane Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 7
  • Parking Display: G7A
  • Parking Storage: More than 3 Coverd Spaces, Storage Room(s), Garage Door Opener(s), Back-Load Garage, Side-Load Garage, Gated Parking, Gate Clickers

Utilities

  • Cooling: Central, Ceiling Fan(s), 3 or More Systems, 220 Wiring
  • Heating: Gas, 3 or More Systems
  • Security: Burglar Alarm, Smoke Detector(s), Security Gate, Dead Bolt Lock(s)
  • Water Sewer: Gas Water Heater, 2+ Water Heaters, Public Water, Septic Tank

Lot Info

  • Lot Description: Wooded, Level, Professionally Landscaped, Wood Fenced, Iron Fenced
  • Acreage: 10
  • Lot Size: 454X956
  • Price Per Acre: 299500
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 17

Tax Info

  • Assessor Parcel Number: C0232 00243

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2024
Closed on
Aug 25, 2025
Sold by
F Barry Bays Revocable Trust and Barry Bays F
Bought by
Iwuji Kelechi and Iwuji Jacinta
Seller's Agent
Judy McLellan
Crye-Leike, Inc., REALTORS
Buyer's Agent
Justin Moore
Regency Realty, LLC
List Price
$3,995,000
Sold Price
$2,200,000
Premium/Discount to List
-$1,795,000
-44.93%
Views
707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2611.69%
Original Mortgage
$1,980,000
Outstanding Balance
$1,980,000
Interest Rate
6.63%
Mortgage Type
Credit Line Revolving
Estimated Equity
$791,721

Purchase Details

Closed on
Jan 24, 2021
Sold by
Bays F Barry
Bought by
Bays F Barry and F Barry Bays Revocable Trust

Purchase Details

Closed on
May 30, 2000
Sold by
Jose Magallanes and Jose Nancy L
Bought by
Bays F Barry and Bays Dorothy P
Source: Public Records

Range of Values:

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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 $2,200,000 Realty Title & Escrow
Interfamily Deed Transfer -- None Available
Warranty Deed $1,600,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,980,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2025 08/25/25 Sold $2,200,000 -26.5% $244 / Sq Ft
07/26/2025 07/26/25 Pending -- -- --
06/11/2025 06/11/25 Price Changed $2,995,000 -7.8% $333 / Sq Ft
04/23/2025 04/23/25 Price Changed $3,250,000 -7.0% $361 / Sq Ft
01/02/2025 01/02/25 Price Changed $3,495,000 -12.5% $388 / Sq Ft
05/17/2024 05/17/24 For Sale $3,995,000 -- $444 / 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 $18,567 $655,750 $241,000 $414,750
2024 $18,567 $547,700 $226,300 $321,400
2023 $28,645 $547,700 $226,300 $321,400
2022 $27,987 $547,700 $226,300 $321,400
2021 $28,120 $543,900 $226,300 $317,600
2020 $24,412 $415,175 $147,025 $268,150
2019 $16,815 $415,175 $147,025 $268,150
2018 $16,815 $415,175 $147,025 $268,150
2017 $17,064 $415,175 $147,025 $268,150
2016 $19,081 $436,625 $0 $0
2014 $19,081 $436,625 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10172580

Memphis Area Association of REALTORS®

APN: C0-232-0-0243