$1,025,000
SOLD MAR 25, 2025

40 Ballard Cove Collierville, TN 38017

5 Beds
4.5 Baths
5,800-5,999 Sq Ft
0.68 Acres

Recently Sold

$171 Per Sq Ft

18% Below List Price

196 Days on Market

Highlights

  • Home Theater
  • Waterfront
  • Community Lake
  • Sitting Area In Primary Bedroom
  • Landscaped Professionally
  • Fireplace in Hearth Room

About This Home

As of March 2025

A.Hays Town Design is the hallmark of renowned architect A.Hays Town, known for his timeless and elegant architectural style. Indulge in the epitome of lakeside living at the sought-after Twin Lakes community with this exquisite Magnolia Homes creation?. This stunning home seamlessly combines contemporary luxury with enduring grace, offering a lifestyle of unparalleled sophistication. Imagine yourself unwinding on the vast covered porch complete with a fireplace, taking in the breathtaking lake vistas that surround you. For cozy nights in, retreat to the theater room for an immersive entertainment experience. The home boasts five generously-sized bedrooms and four and a half meticulously designed bathrooms, providing ample space for family and guests. Luxurious touches such as granite countertops and intricate trim details adorn the home?. With three huge floored attics, there is plenty of storage space for all your needs. Experience the timeless beauty and impeccable craftsmanship

Last Agent to Sell the Property

Michael Mosteller

REMAX Experts License #318569 Listed on: 08/14/2024

REMAX Experts

Co-Listed By

Nikki Mosteller

REMAX Experts License #325297

Last Buyer's Agent

Michael Beck

eXp Realty License #373969

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,546

Year Built

  • Built in 2008

Lot Details

  • 0.68 Acre Lot
  • Waterfront
  • Wrought Iron Fence
  • Landscaped Professionally
  • Level Lot
  • Sprinklers on Timer
  • Few Trees

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • French Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 5,800-5,999 Sq Ft Home
  • 5,845 Sq Ft Home
  • 1.5-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Fireplace in Hearth Room
  • Gas Fireplace
  • Living Room with Fireplace
  • 3 Fireplaces
  • Breakfast Room
  • Dining Room
  • Home Theater
  • Play Room
  • Screened Porch
  • Keeping Room
  • Water Views
  • Attic

Kitchen

  • Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • En-Suite Bathroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Burglar Security System
  • Fire and Smoke Detector
  • Termite Clearance

Parking

  • 3 Car Garage
  • Side Facing Garage
  • Circular Driveway

Outdoor Features

  • Water Access
  • Cove
  • Outdoor Gas Grill

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Water Heater

Community Details

  • Twin Lakes Of Piperton Subdivision
  • Property managed by Keith Collins
  • Mandatory home owners association
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 164E 164D A04500

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,546

Year Built

Built in 2008

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional, French
  • Detached Unit Type: General Residential
  • MLS Map #: 655A
  • MAAR Subdivision Name: TWIN LAKES OF PIPERTON
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 175.36
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 5845
  • Termite Contract: Yes
  • Year Built: 2008
  • List Price/ Sq Ft: 188
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 2 or More Baths, Laundry Room, Keeping/Hearth Room, Breakfast Room
  • Second Story Floor Plan: 3rd Bedroom, 4th or More Bedrooms, 2 or More Baths, Play Room/Rec Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Vaulted/Coffered Primary, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 5800-5999
  • Bedroom 2 Description: Level 1, Private Full Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 2, Shared Bath
  • Bedroom 4 Description: Level 2, Shared Bath, Carpet
  • Bedroom 5 Description: Level 2, Private Full Bath, Carpet
  • Bedrooms: 5
  • Bedrooms Down: 2
  • Fireplace: Ventless Gas Fireplace, In Living Room, In Keeping/Hearth room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Equipment: Double Oven, Cooktop, Disposal, Dishwasher, Microwave
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Breakfast Room, Pantry, Island In Kitchen, Washer/Dryer Connections
  • Misc Interior: Walk-In Closet(s), Walk-In Attic, Smoke Detector(s)
  • Number Of Fireplaces: 3
  • Other Rooms: Laundry Room, Play Room, Media Room
  • Total Bathrooms: 4.1
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, 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, Hardwood Floor

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler, Gas Grill, Porch, Screen Porch, Covered Patio, Well Landscaped Grounds, Iron Fence
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 3
  • Parking Display: G3
  • Parking Storage: Circular Drive, More than 3 Coverd Spaces, Side-Load Garage

Utilities

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

Association/Amenities

  • Annual Association Fee: 1200
  • Management Company: Keith Collins
  • Neighborhood Amenities: Lake
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Level, Water Frontage, Water View, Water Access, Cove, Landscaped, Professionally Landscaped, Iron Fenced
  • Lot Number: 72
  • Acreage: 0.68
  • Keeping Hearth Dimension: 20x24
  • Lot Size: 29410 SQ FT
  • Price Per Acre: 1617647
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 12

Tax Info

  • Assessor Parcel Number: 164E 164D A04500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2024
Closed on
Mar 25, 2025
Sold by
Edward A Burch Living Trust and Burch Edward A
Bought by
Sanden Trent and Sanden Jennifer
Seller's Agent
Michael Mosteller
REMAX Experts
Buyer's Agent
Michael Beck
eXp Realty
List Price
$1,249,000
Sold Price
$1,025,000
Premium/Discount to List
-$224,000
-17.93%
Views
187
Current Estimated Value
$1,021,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,079
Avg. Annual Appreciation
-0.67%
Original Mortgage
$950,000
Outstanding Balance
$947,966
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$73,955

Purchase Details

Closed on
May 19, 2015
Sold by
Burch Edward A
Bought by
Burch Edward A

Purchase Details

Closed on
Oct 30, 2008
Sold by
Magnolia Homes Inc
Bought by
Burch Edward A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.11%

Purchase Details

Closed on
Aug 3, 2007
Bought by
Magnolia Homes Inc
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $1,020,000 None Listed On Document
Warranty Deed -- --
Deed $894,900 --
Warranty Deed $894,900 --
Warranty Deed $912,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $950,000 New Conventional
Previous Owner $400,000 New Conventional
Previous Owner $400,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2025 03/25/25 Sold $1,025,000 -6.8% $177 / Sq Ft
02/26/2025 02/26/25 Pending -- -- --
02/12/2025 02/12/25 Price Changed $1,100,000 -4.3% $190 / Sq Ft
01/28/2025 01/28/25 Price Changed $1,149,000 -0.5% $198 / Sq Ft
01/16/2025 01/16/25 Price Changed $1,155,000 -1.7% $199 / Sq Ft
12/17/2024 12/17/24 Price Changed $1,175,000 -1.3% $203 / Sq Ft
10/03/2024 10/03/24 Price Changed $1,190,000 -4.7% $205 / Sq Ft
08/14/2024 08/14/24 For Sale $1,249,000 -- $215 / 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
2024 $5,546 $214,725 $32,500 $182,225
2023 $5,546 $214,725 $0 $0
2022 $3,455 $214,725 $32,500 $182,225
2021 $3,455 $214,725 $32,500 $182,225
2020 $3,560 $214,725 $32,500 $182,225
2019 $3,560 $189,150 $32,500 $156,650
2018 $3,560 $189,150 $32,500 $156,650
2017 $3,560 $189,150 $32,500 $156,650
2016 $3,531 $175,375 $27,500 $147,875
2015 $3,531 $175,375 $27,500 $147,875
2014 $3,531 $175,375 $27,500 $147,875
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10179169

Memphis Area Association of REALTORS®

APN: 164E-A-045.00