NOT LISTED FOR SALE

498 Planters Ridge Cove Collierville, TN 38017

Estimated Value: $406,000 - $419,000

3 Beds
2 Baths
2,400-2,599 Sq Ft
$160/Sq Ft Est. Value

Last Sold June 05, 2024

Last sale price $430,000 $165 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,493/month

42 Days on Market

Highlights

  • 0.7 Acre Lot
  • Vaulted Ceiling
  • Main Floor Primary Bedroom
  • Tara Oaks Elementary School Rated A
  • Traditional Architecture
  • Whirlpool Bathtub

About This Home

As of June 2024

$10k seller credit! Fabulous Collierville home on corner lot of a cove! Lot is approximately .70 of an acre and the home features a 3 car garage! 3 large bedrooms, 2 baths & a bonus; The home has been meticulously maintained & lawn manicured. Tons of space for outdoor entertaining in a highly sought out neighborhood; 10', 12' & 14' ceilings; Office area off of kitchen featuring built-ins, large pantry & laundry room. 2 y/o AC system; new 50 gallon HWH; newer dishwasher; roof installed 2016.

Last Agent to Sell the Property

Sherri Schmid

Groome & Co. License #277792 Listed on: 04/05/2024

Last Buyer's Agent

Gaby Harsanyi

Adaro Realty, Inc. License #356641

Adaro Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,630

Year Built

  • Built in 1996

Lot Details

  • 0.7 Acre Lot
  • Wood Fence
  • Landscaped
  • Corner Lot
  • Level Lot

HOA Fees

  • $13 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,400-2,599 Sq Ft Home
  • 2,486 Sq Ft Home
  • 1.1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Window Treatments
  • Great Room
  • Breakfast Room
  • Den with Fireplace
  • Library
  • Bonus Room
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Partially Carpeted
  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Attic

  • Attic Access Panel
  • Pull Down Stairs to Attic

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Cove
  • Covered Patio or Porch
  • Outdoor Storage

Utilities

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

Community Details

  • Planters Ridge Sec 2 Subdivision
  • Property managed by Crye-Leike Property
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number C0245X D00075

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,630

Year Built

Built in 1996

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 873E
  • MAAR Subdivision Name: PLANTERS RIDGE PH2
  • Number Of Stories: 1.1
  • Price Per Sq Ft: 172.97
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2486
  • Year Built: 1996
  • List Price/ Sq Ft: 175
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Laundry Room, Breakfast Room, Office
  • Second Story Floor Plan: Bonus Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Vaulted/Coffered Primary, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 2400-2599
  • Bedroom 2 Description: Level 1, Carpet
  • Bedroom 3 Description: Level 1, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Vented Gas Fireplace, In Den/Great Room, Gas Starter, Gas Logs
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet, Tile, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Double Oven, Gas Cooking, Disposal, Dishwasher, Microwave
  • Living Dining Kitchen: Great Room, Eat-In Kitchen, Pantry
  • Misc Interior: All Window Treatments, Pull Down Attic Stairs, Attic Access, Rear Stairs to Playroom, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet, Library/Study, Bonus Room, Attic
  • Total Bathrooms: 2
  • 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, Carpet

Exterior Features

  • Misc Exterior: Storage Building, Patio, Covered Patio, Wood Fence
  • Exterior Windows: Brick Veneer, Double Pane Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 3
  • Parking Display: G3A
  • Parking Storage: Driveway/Pad, More than 3 Coverd Spaces, Garage Door Opener(s), Side-Load Garage

Utilities

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

Association/Amenities

  • Annual Association Fee: 150
  • Management Company: Crye-Leike Property
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Level, Cove, Corner, Landscaped, Wood Fenced
  • Lot Number: 145
  • Acreage: 0.7
  • Lot Size: 30380 SF 139 X 212
  • Price Per Acre: 621429

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: C0245X D00075

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2024
Closed on
Jun 5, 2024
Sold by
Palmer James Robert and Palmer Lisa Marie
Bought by
Hernandez Silvia Viviana Sala
Seller's Agent
Sherri Schmid
Groome & Co.
Buyer's Agent
Gaby Harsanyi
Adaro Realty, Inc.
List Price
$435,000
Sold Price
$430,000
Premium/Discount to List
-$5,000
-1.15%
Views
69
Current Estimated Value
$415,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,939
Avg. Annual Appreciation
-1.54%
Original Mortgage
$417,100
Outstanding Balance
$413,294
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$8,707

Purchase Details

Closed on
Dec 27, 1996
Sold by
Vintage Homes Llc
Bought by
Palmer James Robert and Palmer Lisa Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
7.57%
Mortgage Type
Balloon
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 Buyer Sale Price Title Company
Hernandez Silvia Viviana Sala $430,000 Erickson Title & Closing
Palmer James Robert $173,000 Southern Escrow Title Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Silvia Viviana Sala $417,100
Previous Owner Palmer James Robert $613,489
Previous Owner Palmer James Robert $250,813
Previous Owner Palmer James Robert $252,000
Previous Owner Palmer James Robert $49,400
Previous Owner Palmer James Robert $197,600
Previous Owner Palmer James Robert $213,750
Previous Owner Palmer James Robert $60,000
Previous Owner Palmer James Robert $20,000
Previous Owner Palmer James Robert $156,500
Previous Owner Palmer James Robert $15,000
Previous Owner Palmer James Robert $136,000
Previous Owner Vintage Homes Llc $138,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2024 06/05/24 Sold $430,000 -1.1% $179 / Sq Ft
05/17/2024 05/17/24 Pending -- -- --
04/05/2024 04/05/24 For Sale $435,000 -- $181 / 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 $2,630 $93,000 $15,800 $77,200
2024 $2,630 $77,575 $15,800 $61,775
2023 $4,057 $77,575 $15,800 $61,775
2022 $3,964 $77,575 $15,800 $61,775
2021 $4,011 $77,575 $15,800 $61,775
2020 $3,632 $61,775 $15,800 $45,975
2019 $2,502 $61,775 $15,800 $45,975
2018 $2,502 $61,775 $15,800 $45,975
2017 $2,539 $61,775 $15,800 $45,975
2016 $2,320 $53,100 $0 $0
2014 $2,320 $53,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sherri Schmid

    Seller's Agent in 2024

    Sherri Schmid

    Groome & Co.

    (901) 517-6540

    6 in this area

    119 Total Sales

    Sherri Schmid
    Section Image
  • Gaby Harsanyi

    Buyer's Agent in 2024

    Gaby Harsanyi

    Adaro Realty, Inc.

    (901) 212-2390

    3 in this area

    40 Total Sales

    Gaby Harsanyi
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10169433

Memphis Area Association of REALTORS®

APN: C0-245X-D0-0075

Tennessee Shelby County Collierville 38017

498 Planters Ridge Cove, Collierville, TN

This home is located at 498 Planters Ridge Cove, Collierville, TN 38017 since 05 April 2024 and is currently estimated at $415,061, approximately $159 per square foot. This property was built in 1996. 498 Planters Ridge Cove is a home located in Shelby County with nearby schools including Tara Oaks Elementary School, Collierville Middle School, and Collierville High School.

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