NOT LISTED FOR SALE

322 Colbert St W Collierville, TN 38017

Estimated Value: $685,760 - $710,000

5 Beds
3 Baths
4,000-4,499 Sq Ft
$155/Sq Ft Est. Value

Last Sold May 27, 2020

Last sale price $515,000 $114 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,157/month

11 Days on Market

Highlights

  • Sitting Area In Primary Bedroom
  • Landscaped Professionally
  • Vaulted Ceiling
  • Schilling Farms Elementary School Rated A
  • Living Room with Fireplace
  • Traditional Architecture

About This Home

As of May 2020

Elegant custom built home in sought-after Schilling Farms - walking distance to elementary school. 4400 sq. ft. of living space and extra-deep 3 car garage! Beautifully landscaped corner lot with private backyard and large patio. Luxurious master suite with separate tub and walk-in shower (3 shower heads). Master closet is Pinterest dream! Gorgeous nail down hardwood flooring, custom trim, granite, gas cooktop and double ovens. 4 bedrooms plus 5th or huge bonus. Neighborhood pool.

Last Agent to Sell the Property

Jolynna Morales

Groome & Co. License #293097 Listed on: 04/20/2020

Co-Listed By

Billy Groome

Groome & Co. License #284950

Last Buyer's Agent

Terri Blocker

Keller Williams License #350164

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,437

Year Built

  • Built in 2005

Lot Details

  • 0.27 Acre Lot
  • Wood Fence
  • Landscaped Professionally
  • Corner Lot
  • Level Lot
  • Sprinklers on Timer

HOA Fees

  • $83 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 4,000-4,499 Sq Ft Home
  • 4,400 Sq Ft Home
  • 1.5-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Gas Fireplace
  • Double Pane Windows
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Breakfast Room
  • Dining Room
  • Den with Fireplace
  • Loft
  • Bonus Room
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dressing Area
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Home Security

  • Home Security System
  • Termite Clearance

Parking

  • 3 Car Attached Garage
  • Rear-Facing Garage

Outdoor Features

  • Covered patio or porch

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number C0244D A00052

Community Details

Overview

  • Schilling Farms Pd Phase 3 Subdivision
  • Mandatory home owners association

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,437

Year Built

Built in 2005

Lot Details

0

HOA Fees

$83 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Winchester
  • MLS Map #: 875A
  • MAAR Subdivision Name: SCHILLING FARMS PH3
  • List Price Per Sq Ft: 117
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 117.05
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 4400
  • Termite Contract: Yes
  • Year Built: 2005
  • 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
  • Second Story Floor Plan: 3rd Bedroom, 4th or More Bedrooms, 1 Bath, Bonus Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Vaulted/Coffered Primary, Split Bedroom Plan, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 4000-4499
  • Bedroom 2 Description: Level 1, Smooth Ceiling
  • Bedroom 3 Description: Level 2, Smooth Ceiling
  • Bedroom 4 Description: Level 2, Smooth Ceiling
  • Bedroom 5 Description: Level 2, Smooth Ceiling
  • Bedrooms: 5
  • Bedrooms Down: 2
  • Fireplace: Ventless Gas 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
  • Equipment: Double Oven, Cooktop, Gas Cooking, Disposal, Dishwasher, Microwave, Cable Wired
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Great Room, Breakfast Bar, Separate Breakfast Room, Pantry
  • Misc Interior: Walk-In Closet(s), Pull Down Attic Stairs, Security System
  • Number Of Fireplaces: 2
  • Other Rooms: Laundry Room, Bonus Room, Entry Hall, Loft/Balcony, Attic
  • Total Bathrooms: 3
  • 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, Vaulted/Coffered Ceiling, Smooth Ceiling

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler, Covered Patio
  • Exterior Windows: Brick Veneer, Double Pane Window(s)
  • Foundation: Slab
  • Pool Description: Neighborhood
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 3
  • Parking Display: G3A
  • Parking Storage: Back-Load Garage

Utilities

  • Cooling: Central, 3 or More Systems
  • Heating: Central, 3 or More Systems
  • Water Sewer: 2+ Water Heaters, Public Water, Public Sewer

Association/Amenities

  • Annual Association Fee: 1000
  • Neighborhood Amenities: Pool
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Level, Corner, Professionally Landscaped, Wood Fenced
  • Lot Number: 52
  • Acreage: 0.27
  • Lot Size: 11873 SF 89 X 169
  • Price Per Acre: 1907404

Multi Family

  • Number Of Rooms: 9

Tax Info

  • Assessor Parcel Number: C0244D A00052

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2020
Closed on
May 22, 2020
Sold by
Rabe Douglas L
Bought by
Stafford Steven R and Stafford Renee I
Seller's Agent
Jolynna Morales
Groome & Co.
Buyer's Agent
Terri Blocker
Keller Williams
List Price
$514,999
Sold Price
$515,000
Premium/Discount to List
$1
0.0%
Total Days on Market
11
Current Estimated Value
$697,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,940
Avg. Annual Appreciation
6.26%
Original Mortgage
$513,176
Outstanding Balance
$458,706
Interest Rate
3.3%
Mortgage Type
Commercial
Estimated Equity
$239,234

Purchase Details

Closed on
Feb 2, 2012
Sold by
Rabe Lynnette S
Bought by
Rabe Douglas L

Purchase Details

Closed on
Dec 6, 2005
Sold by
Deluca Barbara
Bought by
Rabe Douglas L and Rabe Lynnette S

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
6.1%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 8, 2005
Sold by
Schilling Southeast Llc
Bought by
Deluca Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.74%
Mortgage Type
Construction
Source: Public Records

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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 Buyer Sale Price Title Company
Stafford Steven R $515,000 Erickson Title & Closing Llc
Rabe Douglas L -- None Available
Rabe Douglas L $459,900 Stewart Title Of Memphis Inc
Deluca Barbara $79,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stafford Steven R $513,176
Previous Owner Rabe Douglas L $316,000
Previous Owner Rabe Douglas L $350,000
Previous Owner Deluca Barbara $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2020 05/27/20 Sold $515,000 0.0% $129 / Sq Ft
05/01/2020 05/01/20 Pending -- -- --
04/20/2020 04/20/20 For Sale $514,999 -- $129 / 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 $4,437 $169,925 $25,000 $144,925
2024 $4,437 $130,875 $18,000 $112,875
2023 $6,845 $130,875 $18,000 $112,875
2022 $6,688 $130,875 $18,000 $112,875
2021 $7,853 $130,875 $18,000 $112,875
2020 $4,592 $113,375 $18,000 $95,375
2019 $4,592 $113,375 $18,000 $95,375
2018 $4,592 $113,375 $18,000 $95,375
2017 $6,508 $113,375 $18,000 $95,375
2016 $4,171 $95,450 $0 $0
2014 $4,171 $95,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10074970

Memphis Area Association of REALTORS®

APN: C0-244D-A0-0052