NOT LISTED FOR SALE

431 Peterson Lake Rd Collierville, TN 38017

Estimated Value: $690,000 - $968,000

5 Beds
3.5 Baths
3,400-3,599 Sq Ft
$223/Sq Ft Est. Value

Last Sold June 30, 2020

Last sale price $582,000 $162 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $4,721/month

Highlights

  • Updated Kitchen
  • Landscaped Professionally
  • Wood Flooring
  • Collierville Elementary School Rated A-
  • Traditional Architecture
  • Main Floor Primary Bedroom

About This Home

As of June 2020

Farmhouse-style living in the center of Collierville! Cross the covered front porch & enter this Darnall Bros custom-built home to find a 2 story great room open to loft above ft. 2-sided fireplace & beautiful hardwoods. Formal dining on the other side of FP opens to spacious kitchen with SS appl., breakfast bar, & tons of cabinet space. Office/bed, 1/2 bath, & Master down. 3 more beds, 2 baths, & bonus up. Relax year round on screen porch w wood-burning fireplace. 1/2 acre lot, 2 car garage.

Last Agent to Sell the Property

Joyce McKenzie

Crye-Leike, Inc., REALTORS License #264527 Listed on: 05/04/2020

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Molly Stevens

Crye-Leike, Inc., REALTORS License #322466

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,313

Year Built

  • Built in 2015

Lot Details

  • 0.48 Acre Lot
  • Wood Fence
  • Landscaped Professionally
  • Corner Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 3,400-3,599 Sq Ft Home
  • 3,400 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Window Treatments
  • Mud Room
  • Two Story Entrance Foyer
  • Great Room
  • Breakfast Room
  • Dining Room
  • Den with Fireplace
  • Bonus Room with Fireplace
  • Loft
  • Screened Porch
  • Attic Access Panel
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

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

Parking

  • 2 Car Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Patio
  • Outdoor Storage

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Vented Exhaust Fan
  • Heating System Uses Gas

Community Details

  • Hound Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number C0244Q C00006

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,313

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 873C
  • MAAR Subdivision Name: Hound Hill
  • List Price Per Sq Ft: 171
  • Number Of Stories: 2
  • Price Per Sq Ft: 171.18
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3400
  • Year Built: 2015
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Half Bath Down
  • Estimated Heated Sq Ft Range: 3400-3599
  • Bedroom 2 Description: Level 1, Walk-In Closet, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 2, Walk-In Closet, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 4 Description: Level 2, Walk-In Closet, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 5 Description: Level 2, Walk-In Closet, Shared Bath, Smooth Ceiling, Carpet
  • Bedrooms: 5
  • Bedrooms Down: 2
  • Fireplace: Ventless Gas Fireplace, In Den/Great Room, In Other Room, Gas Starter
  • Floors/Ceilings: Hardwood Throughout, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling, Two Story Foyer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Self Cleaning Oven, Gas Cooking, Disposal, Dishwasher, Microwave
  • Living Dining Kitchen: Separate Dining Room, Great Room, Updated/Renovated Kitchen, Breakfast Bar, Separate Breakfast Room, Pantry
  • Misc Interior: Excl Some Window Treatmnt, Walk-In Closet(s), Attic Access, Walk-In Attic, Mud Room, Vent Hood/Exhaust Fan
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Bonus Room, Entry Hall, Loft/Balcony, Attic
  • Total Bathrooms: 3.1
  • 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, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Storage Building, Porch, Screen Porch, Patio, Well Landscaped Grounds, Wood Fence, Sidewalks
  • Exterior Windows: Brick Veneer, Double Pane Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad, Garage Door Opener(s), Side-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s), Dual System
  • Heating: Central, Gas, Dual System
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Level, Corner, Professionally Landscaped, Wood Fenced
  • Lot Number: 25
  • Acreage: 0.48
  • Lot Size: .48
  • Price Per Acre: 1208125

Multi Family

  • Number Of Rooms: 10

Tax Info

  • Assessor Parcel Number: C0244Q C00006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2020
Closed on
Jun 29, 2020
Sold by
Ellis David J and Ellis Ann
Bought by
Obenour Kyle J and Obenour Michelle E
Seller's Agent
Joyce McKenzie
Crye-Leike, Inc., REALTORS
Buyer's Agent
Molly Stevens
Crye-Leike, Inc., REALTORS
List Price
$579,900
Sold Price
$582,000
Premium/Discount to List
$2,100
0.36%
Current Estimated Value
$802,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,911
Avg. Annual Appreciation
5.61%
Original Mortgage
$582,000
Interest Rate
3.2%
Mortgage Type
VA

Purchase Details

Listed on
Feb 26, 2015
Closed on
May 15, 2015
Sold by
Darnall Brothers Llc
Bought by
Ellis David J and Ellis Ann
Seller's Agent
Steve Pierotti
Chamberwood Realty Group
Buyer's Agent
John Criswell
Crye-Leike, Inc., REALTORS
List Price
$445,000
Sold Price
$417,500
Premium/Discount to List
-$27,500
-6.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.69%
Original Mortgage
$396,625
Interest Rate
3.79%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Obenour Kyle J $582,000 Realty Title
Ellis David J $417,500 Realty Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Obenour Michelle E $581,000
Closed Obenour Kyle J $582,000
Previous Owner Ellis David J $396,625
Previous Owner Darnall Brothers Llc $287,650
Previous Owner Cox William Wiley $233,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2020 06/30/20 Sold $582,000 +0.4% $171 / Sq Ft
05/05/2020 05/05/20 Pending -- -- --
05/04/2020 05/04/20 For Sale $579,900 +38.9% $171 / Sq Ft
05/15/2015 05/15/15 Sold $417,500 -6.2% $130 / Sq Ft
04/09/2015 04/09/15 Pending -- -- --
02/26/2015 02/26/15 For Sale $445,000 -- $139 / 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 $5,313 $219,475 $25,250 $194,225
2024 $5,313 $156,725 $15,300 $141,425
2023 $8,197 $156,725 $15,300 $141,425
2022 $8,009 $156,725 $15,300 $141,425
2021 $4,889 $131,900 $15,300 $116,600
2020 $5,432 $92,375 $15,300 $77,075
2019 $3,741 $92,375 $15,300 $77,075
2018 $3,741 $92,375 $15,300 $77,075
2017 $5,302 $92,375 $15,300 $77,075
2016 $3,197 $73,150 $0 $0
2014 $669 $15,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10075855

Memphis Area Association of REALTORS®

APN: C0-244Q-C0-0006