$464,900
PENDING $14K PRICE DROP

487 Canal Loop Turn Dr Collierville, TN 38017

Estimated payment $2,730/month

Total Views 2,220
4 Beds
3 Baths
2,810 Sq Ft
$165 Price per Sq Ft

Highlights

  • Vaulted Ceiling
  • Traditional Architecture
  • Whirlpool Bathtub
  • Tara Oaks Elementary School Rated A
  • Main Floor Primary Bedroom
  • 5-minute walk to Steeplechase Park

About This Home

Price recently improved! This updated corner-lot home in Collierville offers 3 bedrooms and 2 baths on the main level, plus an upstairs bedroom, full bath, and bonus room for guests or flexible living. The brand-new kitchen features custom cabinets with rollout drawers, new countertops, and all-new stainless steel appliances, opening to a vaulted living room with fireplace. Enjoy a covered front porch, extended back patio, and large fenced backyard on approximately one-third of an acre. Convenient to I-385, Poplar Ave, Collierville Town Square, and top-rated schools, with flexible closing options available.

Listing Agent

Shannan McWaters

The Firm License #320927 Listed on: 04/03/2026

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1998

Lot Details

  • 14,375 Sq Ft Lot
  • Wood Fence
  • Landscaped
  • Corner Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,810 Sq Ft Home
  • 1.5-Story Property
  • Smooth Ceilings
  • Popcorn or blown ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Great Room
  • Breakfast Room
  • Dining Room
  • Den with Fireplace
  • Bonus Room
  • Attic

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Fire and Smoke Detector
  • Termite Clearance

Parking

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

Outdoor Features

  • Patio
  • Porch

Utilities

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

Community Details

  • Steeple Chase Pd Sec B Subdivision

Listing and Financial Details

  • Assessor Parcel Number C0245S E00044

Home Details

Home Type

Single Family

Year Built

Built in 1998

Lot Details

0.33 Acres

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Landing Party Ln
  • MAAR Subdivision Name: STEEPLECHASE SEC B
  • Number Of Stories: 1.5
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2810
  • Termite Contract: Yes
  • Year Built: 1998
  • 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, 1 Bath, Bonus Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Split Bedroom Plan, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Full Bath Down
  • Bedroom 2 Description: Level 1, Walk-In Closet, Shared Bath, Vinyl/Luxury Vinyl Floor
  • Bedroom 3 Description: Level 1, Shared Bath, Vinyl/Luxury Vinyl Floor
  • Bedroom 4 Description: Level 2, Walk-In Closet, Shared Bath, Vinyl/Luxury Vinyl Floor
  • Bedrooms: 4
  • Bedrooms Down: 3
  • Fireplace: Ventless Gas Fireplace, In Den/Great Room, Gas Logs
  • Floors/Ceilings: Wood Laminate Floors, Tile, Smooth Ceiling, Sprayed Ceiling
  • Full Bathrooms: 3
  • Equipment: Range/Oven, Disposal, Dishwasher, Microwave
  • Living Dining Kitchen: Separate Dining Room, Great Room, Separate Breakfast Room, Pantry, Washer/Dryer Connections
  • Misc Interior: Walk-In Closet(s), Walk-In Attic, Rear Stairs to Playroom, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Bonus Room, Entry Hall, Attic
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Vaulted/Coffered Ceiling, Smooth Ceiling, Vinyl/Luxury Vinyl Floor

Exterior Features

  • Misc Exterior: Porch, Patio, Sidewalks
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Driveway/Pad, Garage Door Opener(s), Side-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central, Gas
  • Security: Smoke Detector(s), Dead Bolt Lock(s)
  • Water Sewer: Electric Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Level, Corner, Landscaped, Wood Fenced
  • Lot Number: 100
  • Acreage: 0.33
  • Lot Size: 14166 SF 105 X 130
  • Geo Subdivision: TN

Tax Info

  • Assessor Parcel Number: C0245S E00044

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,977 $112,300 $14,075 $98,225
2024 $2,977 $87,825 $14,075 $73,750
2023 $4,593 $87,825 $14,075 $73,750
2022 $4,488 $87,825 $14,075 $73,750
2021 $3,030 $87,825 $14,075 $73,750
2020 $4,157 $70,700 $14,075 $56,625
2019 $2,863 $70,700 $14,075 $56,625
2018 $2,863 $70,700 $14,075 $56,625
2017 $4,058 $70,700 $14,075 $56,625
2016 $2,629 $60,150 $0 $0
2014 $2,629 $60,150 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/25/2026 04/25/26 Pending -- -- --
04/23/2026 04/23/26 Price Changed $464,900 -2.9% $165 / Sq Ft
04/03/2026 04/03/26 For Sale $479,000 +4.6% $170 / Sq Ft
02/27/2025 02/27/25 Sold $458,000 -1.5% $176 / Sq Ft View Prior Sale
02/05/2025 02/05/25 Pending -- -- --
01/24/2025 01/24/25 For Sale $465,000 -- $179 / Sq Ft
Source: Memphis Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $458,000 Tri State Title
Warranty Deed $300,000 Tri Star Title Llc
Warranty Deed $202,000 --
Warranty Deed $202,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $435,100 New Conventional
Previous Owner $205,000 New Conventional
Previous Owner $65,000 No Value Available
Source: Public Records

Source: Memphis Area Association of REALTORS®

MLS Number: 10218412

Memphis Area Association of REALTORS®

APN: C0-245S-E0-0044

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