NOT LISTED FOR SALE

325 Colbert St W Collierville, TN 38017

Estimated Value: $572,778 - $630,000

4 Beds
3 Baths
3,000-3,199 Sq Ft
$186/Sq Ft Est. Value

Last Sold June 09, 2017

Last sale price $340,000 $106 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $3,553/month

57 Days on Market

Highlights

  • Landscaped Professionally
  • Vaulted Ceiling
  • Wood Flooring
  • Schilling Farms Elementary School Rated A
  • Traditional Architecture
  • Main Floor Primary Bedroom

About This Home

As of June 2017

PRICED TO SELL! Have a little vision? Here is your opportunity for a GREAT BUY IN COLLIERVILLE!! Add fresh paint and a little love and you have INSTANT EQUITY! This house would sell for $400k with some updating...deals like this don't happen very often in such a fantastic, walkable neighborhood! Three bedrooms down, bonus room, bath and 4th bedroom up. Three car garage! Butler's pantry, adorable courtyard with wrought iron fencing. Walking distance to Schilling Farms Middle.

Last Agent to Sell the Property

Elizabeth Duke

The Firm License #331177 Listed on: 03/15/2017

Last Buyer's Agent

Cathy Hunter Banks

BHHS McLemore & Co., Realty License #321915

BHHS McLemore & Co., Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,887

Year Built

  • Built in 2005

Lot Details

  • 6,534 Sq Ft Lot
  • Wrought Iron Fence
  • Landscaped Professionally
  • Few Trees

HOA Fees

  • $77 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 3,000-3,199 Sq Ft Home
  • 2,948 Sq Ft Home
  • 1.5-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Factory Built Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Window Treatments
  • Entrance Foyer
  • Great Room
  • Breakfast Room
  • Dining Room
  • Den with Fireplace
  • Bonus Room
  • Laundry Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Double Self-Cleaning Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Concrete

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Home Security

  • Burglar Security System
  • Fire and Smoke Detector

Parking

  • 3 Car Attached Garage
  • Rear-Facing Garage
  • Garage Door Opener

Outdoor Features

  • Covered patio or porch

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number C0244D A00009

Community Details

Overview

  • Schilling Farms Pd Phase 3 Subdivision
  • Mandatory home owners association
  • Planned Unit Development

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,887

Year Built

Built in 2005

Lot Details

0

HOA Fees

$77 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: 122
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 115.33
  • Prop Construction Status: Existing Property
  • Planned Unit Development: Yes
  • Estimated Sq Ft: 2948
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Laundry Room, Breakfast Room
  • Second Story Floor Plan: 4th or More Bedrooms, Bonus Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Split Bedroom Plan, Double Vanity Bath, Separate Tub & Shower, Full Bath Down
  • Estimated Heated Sq Ft Range: 3000-3199
  • Bedroom 2 Description: Level 1, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 3 Description: Level 1, Shared Bath, Carpet
  • Bedroom 4 Description: Level 2, Walk-In Closet, Private Full Bath, Vaulted/Coffered Ceilings, Smooth Ceiling, Carpet
  • Bedrooms: 4
  • Bedrooms Down: 3
  • Fireplace: Prefabricated, Vented Gas Fireplace, In Den/Great Room, Gas Starter
  • Floors/Ceilings: Part Hardwood, Part Carpet, Concrete Floor, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 3
  • Equipment: Self Cleaning Oven, Double Oven, Cooktop, Disposal, Dishwasher, Microwave, Cable Wired
  • Living Dining Kitchen: Separate Dining Room, Great Room, Eat-In Kitchen, Breakfast Bar, Pantry, Island In Kitchen
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Walk-In Attic, Security System, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Bonus Room, Entry Hall, Attic
  • Total Bathrooms: 3
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Smooth Ceiling
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Patio, 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: More than 3 Coverd Spaces, Garage Door Opener(s), Back-Load Garage

Utilities

  • Cooling: Central, Dual System, 220 Wiring
  • Heating: Central, Gas, Dual System
  • Security: Burglar Alarm, Smoke Detector(s)
  • Water Sewer: Gas Water Heater, 2+ Water Heaters, Public Water, Public Sewer

Association/Amenities

  • Annual Association Fee: 925
  • Neighborhood Amenities: Pool
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Professionally Landscaped, Iron Fenced
  • Lot Number: 9
  • Acreage: 0.15
  • Lot Size: 6775 SF 55 X 125
  • Price Per Acre: 2399333

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: C0244D A00009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2017
Closed on
Jun 9, 2017
Sold by
Meyer David Robb and Meyer Allison
Bought by
Banks John H and Hunter Cathy
Seller's Agent
Elizabeth Duke
The Firm
Buyer's Agent
Cathy Hunter Banks
BHHS McLemore & Co., Realty
List Price
$374,000
Sold Price
$340,000
Premium/Discount to List
-$34,000
-9.09%
Total Days on Market
57
Current Estimated Value
$593,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,945
Avg. Annual Appreciation
7.24%
Original Mortgage
$342,000
Interest Rate
4.03%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 19, 2005
Sold by
Riverbirch Memphis Llc
Bought by
Meyer Robb and Meyer Allison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,900
Interest Rate
6.28%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 18, 2005
Sold by
Schilling Southeast Llc
Bought by
Riverbirch Memphis Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$810,585
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
Banks John H $340,000 Home Surety Title & Escrow L
Meyer Robb $332,870 First American Title Ins Co
Riverbirch Memphis Llc $183,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Banks John H $121,000
Closed Banks John H $150,000
Closed Banks John H $342,000
Previous Owner Meyer David Robb $82,000
Previous Owner Meyer Robb $49,900
Previous Owner Meyer Robb $266,296
Previous Owner Meyer David Robb $49,900
Previous Owner Riverbirch Memphis Llc $810,585
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2017 06/09/17 Sold $340,000 -9.1% $113 / Sq Ft
05/11/2017 05/11/17 Pending -- -- --
03/15/2017 03/15/17 For Sale $374,000 -- $125 / 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 $3,887 $138,575 $25,000 $113,575
2024 -- $111,850 $18,000 $93,850
2023 $5,850 $111,850 $18,000 $93,850
2022 $5,716 $111,850 $18,000 $93,850
2021 $5,783 $111,850 $18,000 $93,850
2020 $5,642 $95,950 $18,000 $77,950
2019 $3,886 $95,950 $18,000 $77,950
2018 $3,886 $95,950 $18,000 $77,950
2017 $3,944 $95,950 $18,000 $77,950
2016 $3,716 $85,025 $0 $0
2014 $3,716 $85,025 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9997591

Memphis Area Association of REALTORS®

APN: C0-244D-A0-0009