$533,000 - $591,000
RENTED APR 14, 2025

498 S Shea Rd Collierville, TN 38017

4 Beds
3 Baths
-- Sq Ft
4,792 Sq Ft Lot

Last Sold March 14, 2022

Last sale price $545,000

Est. 3% increase in value since last sale

Current estimated payment $3,284/month

Highlights

  • 1 Fireplace
  • Bonus Room
  • 2 Car Attached Garage
  • Schilling Farms Elementary School Rated A
  • Community Pool
  • Double Vanity

About This Home

As of April 2025

Gorgeous upscale zero lot line close to everything Primary plus two bedrooms down wonderful open floor plan with gourment kitchen with large island. Bedroom Bonus and Bath upstairs Split Bedroom plan Home will be ready for Mid May occupancy

Last Agent to Rent the Property

Frank Pereira

Jennae Realty, Inc. License #251475 Listed on: 04/13/2025

Last Renter's Agent

Frank Pereira

Jennae Realty, Inc. License #251475 Listed on: 04/13/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,583

Year Built

  • Built in 2018

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40 x 122.56
  • Zero Lot Line

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1-Story Property
  • 1 Fireplace
  • Window Treatments
  • Bonus Room
  • Laundry Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms
  • Double Vanity
  • Bathtub With Separate Shower Stall

Listing and Financial Details

  • Assessor Parcel Number C0243F G00011

Community Details

Overview

  • Villages At Porter Farms Pd Phase 17 Subdivision
  • Mandatory Home Owners Association

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,583

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Class: Rental Properties
  • Type: Rental
  • Style Code Use: Zero-Lot Line
  • MLS Map #: 875A
  • MAAR Subdivision Name: VILLAGES AT PORTER FARMS PH17
  • Freestanding: Yes
  • Number Of Stories: 1
  • Year Built: 2018
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Split Bedroom Plan, Luxury Primary Bath, Double Vanity Bath, Separate Tub & Shower, Full Bath Down
  • Bedrooms: 4
  • Bedrooms Down: 3
  • Full Bathrooms: 3
  • Equipment: Range/Oven, Disposal, Dishwasher, Microwave
  • Misc Interior: All Window Treatments
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Bonus Room
  • Total Bathrooms: 3

Exterior Features

  • Pool Description: Neighborhood

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Number: 11
  • Acreage: 0.11
  • Lot Size: 40 X 122.56
  • Price Per Acre: 31818
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: C0243F G00011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2022
Closed on
Mar 14, 2022
Sold by
Heldman Michelle C
Bought by
Tummala Srivatsava and Makkapati Anoohya
Seller's Agent
Joyce McKenzie
Crye-Leike, Inc., REALTORS
Buyer's Agent
Jessica Green
Keller Williams Realty
List Price
$539,900
Sold Price
$545,000
Premium/Discount to List
$5,100
0.94%
Current Estimated Value
$562,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,993
Avg. Annual Appreciation
0.91%
Original Mortgage
$490,500
Outstanding Balance
$458,285
Interest Rate
3.92%
Mortgage Type
Balloon
Estimated Equity
$104,708

Purchase Details

Listed on
Dec 11, 2018
Closed on
Feb 15, 2019
Sold by
Forest Hill Development Llc
Bought by
Heldman Michelle C
Seller's Agent
Joyce McKenzie
Crye-Leike, Inc., REALTORS
Buyer's Agent
JOHN JOHNSON
Adaro Realty, Inc.
List Price
$395,000
Sold Price
$398,000
Premium/Discount to List
$3,000
0.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.74%
Original Mortgage
$318,400
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Tummala Srivatsava $545,000 Edco Title & Closing Services
Heldman Michelle C $398,000 Southern Trust Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tummala Srivatsava $490,500
Previous Owner Heldman Michelle C $318,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/14/2025 04/14/25 Rented $3,500 0.0% --
04/13/2025 04/13/25 For Rent $3,500 0.0% --
03/14/2022 03/14/22 Sold $545,000 +0.9% $248 / Sq Ft View Prior Sale
02/16/2022 02/16/22 Pending -- -- --
02/12/2022 02/12/22 For Sale $539,900 +35.7% $245 / Sq Ft
02/15/2019 02/15/19 Sold $398,000 +0.8% $181 / Sq Ft View Prior Sale
12/11/2018 12/11/18 Pending -- -- --
12/11/2018 12/11/18 For Sale $395,000 -- $180 / 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 $3,583 $138,800 $27,500 $111,300
2024 $3,474 $102,475 $23,700 $78,775
2023 $5,359 $102,475 $23,700 $78,775
2022 $5,236 $102,475 $23,700 $78,775
2021 $6,149 $102,475 $23,700 $78,775
2020 $5,544 $92,400 $22,500 $69,900
2019 $3,742 $92,400 $22,500 $69,900
2018 $911 $22,500 $22,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10194178

Memphis Area Association of REALTORS®

APN: C0-243F-G0-0011