NOT LISTED FOR SALE

475 Magnolia Ln Collierville, TN 38017

Estimated Value: $176,000 - $450,000

5 Acres
$62,600 Price per Acre
217,800 Sq Ft Lot

Last Sold May 26, 2022

Last sale price $165,000

Est. 90% increase in value since last sale

Current estimated payment $1,791/month

162 Days on Market

About This Lot

As of May 2022

Twin Lakes of Piperton is a rural community just minutes from the town of Collierville and offers 22 acres of dedicated wooded park along the Wolf River and features a 10-acre and 6-acre lake, both of which offer common access to Twin Lakes residents. This upscale, walkable rural porch community provides more than 40 acres of common open space and abundant outdoor amenities including fishing and canoeing. Both waterfront and five acre equestrian lots are available.

Last Agent to Sell the Property

Gary Thompson

Boyle Investment Company License #266142 Listed on: 10/25/2021

Last Buyer's Agent

Gary Thompson

Boyle Investment Company License #266142 Listed on: 10/25/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,050

Lot Details

  • 5 Acre Lot
  • Level Lot

Utilities

  • Septic Tank
  • Phone Available

Community Details

  • Twin Lakes Of Piperton Subdivision

Listing and Financial Details

  • Assessor Parcel Number 164E 164D A07400

Property Details

Property Type

Land

Est. Annual Taxes

$1,050

Lot Details

0

Listing Details

  • Class: Land
  • Type: Land
  • Location: Subdivision
  • MLS Map #: 655A
  • MAAR Subdivision Name: TWIN LAKES OF PIPERTON
  • Price Per Sq Ft: 33000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Paved

Utilities

  • Utilities: Public Water, Electricity, Septic Tank, Natural Gas, Telephone

Lot Info

  • Lot Number: 5
  • Acreage: 5
  • Lot Size: 5.00 AC
  • Price Per Acre: 33000
  • Zoning: res
  • Lots Available: 21-50
  • Present Usage: None/Vacant
  • Shape: Regular
  • Topographic Feature: Level
  • Zoning Of Adjacent Area: Single Family

Tax Info

  • Assessor Parcel Number: 164E 164D A07400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2021
Closed on
May 26, 2022
Sold by
Twin Lakes Joint Venture
Bought by
Browning Beau
Seller's Agent
Gary Thompson
Boyle Investment Company
Buyer's Agent
Gary Thompson
Boyle Investment Company
List Price
$149,900
Sold Price
$165,000
Premium/Discount to List
$15,100
10.07%
Current Estimated Value
$313,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,000
Avg. Annual Appreciation
15.66%
Original Mortgage
$255,000
Outstanding Balance
$244,339
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$21,161
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Browning Beau $340,000 Evans & Petree Pc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Browning Beau $255,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2022 05/26/22 Sold $165,000 0.0% --
04/05/2022 04/05/22 Pending -- -- --
01/04/2022 01/04/22 Price Changed $165,000 +10.1% --
10/25/2021 10/25/21 For Sale $149,900 -- --
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 $1,050 $40,625 $40,625 --
2023 $1,050 $40,625 $0 $0
2022 $654 $40,625 $40,625 $0
2021 $654 $40,625 $40,625 $0
2020 $609 $40,625 $40,625 $0
2019 $609 $32,400 $32,400 $0
2018 $609 $32,400 $32,400 $0
2017 $609 $32,400 $32,400 $0
2016 $630 $31,250 $31,250 $0
2015 $629 $31,250 $31,250 $0
2014 $629 $31,250 $31,250 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10111343

Memphis Area Association of REALTORS®

APN: 164E-A-074.00