NOT LISTED FOR SALE

501 Sugar Magnolia Loop W Collierville, TN 38017

Gray's Creek Neighborhood

Estimated Value: $583,000 - $618,391

3 Beds
3 Baths
3,000-3,199 Sq Ft
$189/Sq Ft Est. Value

Last Sold July 18, 2024

Last sale price $609,900 $191 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,857/month

211 Days on Market

Highlights

  • Gated Community
  • Vaulted Ceiling
  • Wood Flooring
  • Landscaped Professionally
  • Traditional Architecture
  • Main Floor Primary Bedroom

About This Home

As of July 2024

Exciting New Subdivision in Collierville! This Gated Neighborhood backs up to the Golf Course at Spring Creek Ranch and only 8 minutes from the Historic Collierville Town Square. Enjoy the views and water features while walking the trail or sitting on your covered back porch. Low maintenance homes great for lock and leave. "Charleston" Floorplan features 3 Bedrooms + Bonus, Very Open Concept and Vaulted Great Room! Large Island in Kitchen, Split Bedroom Layout with Vaulted Foyer Entryway.

Last Agent to Sell the Property

Lisa Fitzgerald

Main Street, REALTORS License #248811 Listed on: 12/01/2023

Last Buyer's Agent

Nancy Huddleston

Coldwell Banker Collins-Maury License #321574

Coldwell Banker Collins-Maury

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2023 | Under Construction

Lot Details

  • 8,712 Sq Ft Lot
  • Landscaped Professionally
  • Level Lot

HOA Fees

  • $63 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 3,000-3,199 Sq Ft Home
  • 3,046 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Some Wood Windows
  • Double Pane Windows
  • Entrance Foyer
  • Great Room
  • Dining Room
  • Den with Fireplace
  • Bonus Room
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater
  • Cable TV Available

Community Details

Overview

  • The Trails At Spring Creek Ranch Subdivision
  • Mandatory home owners association

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2023 | Under Construction

Lot Details

0

HOA Fees

$63 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Collierville-Arlington Rd
  • MLS Map #: 871A
  • MAAR Subdivision Name: The Trails at Spring Creek Ranch
  • Est Date Of Completion: 07/31/2024
  • Number Of Stories: 2
  • Price Per Sq Ft: 200.23
  • Prop Construction Status: Under Construction
  • Estimated Sq Ft: 3046
  • Year Built: 2023
  • List Price/ Sq Ft: 200
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 2 or More Baths, Laundry Room
  • Second Story Floor Plan: 3rd Bedroom, 1 Bath, Bonus Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Vaulted/Coffered Primary, Split Bedroom Plan, Luxury Primary Bath, Double Vanity Bath, Separate Tub & Shower, Full Bath Down
  • Estimated Heated Sq Ft Range: 3000-3199
  • Bedroom 2 Description: Level 1, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 3 Description: Level 2, Walk-In Closet, Shared Bath, Smooth Ceiling, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 2
  • Fireplace: Ventless Gas Fireplace, In Den/Great Room, Gas Starter, Gas Logs
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 3
  • Equipment: Range/Oven, Self Cleaning Oven, Double Oven, Gas Cooking, Disposal, Dishwasher, Microwave, Cable Available
  • Living Dining Kitchen: Separate Dining Room, Great Room, Breakfast Bar, Pantry, Island In Kitchen, Washer/Dryer Connections
  • Misc Interior: Walk-In Closet(s), Attic Access, Walk-In Attic, Cat/Dog Free House, Smoke Detector(s), Vent Hood/Exhaust Fan
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Bonus Room, Entry Hall, Attic
  • Total Bathrooms: 3
  • Primary Bathroom Description: Double Sinks, 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, Vaulted/Coffered Ceiling, Smooth Ceiling, Hardwood Floor

Exterior Features

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

Garage/Parking

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

Utilities

  • Cooling: Central, Ceiling Fan(s), Dual System, 220 Wiring
  • Heating: Central, Gas, Dual System
  • Security: Smoke Detector(s)
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Association/Amenities

  • Annual Association Fee: 750
  • Neighborhood Amenities: Gated Neighborhood
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Level, Professionally Landscaped
  • Lot Number: 29
  • Acreage: 0.2
  • Lot Size: 8820 sf
  • Price Per Acre: 3049500
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2023
Closed on
Jul 18, 2024
Sold by
Creekside Homes Llc
Bought by
Threadgill Ben E and Threadgill Faranak
Seller's Agent
Lisa Fitzgerald
Main Street, REALTORS
Buyer's Agent
Nancy Huddleston
Coldwell Banker Collins-Maury
List Price
$609,900
Sold Price
$609,900
Views
80
Current Estimated Value
$603,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,302
Avg. Annual Appreciation
-0.82%
Original Mortgage
$519,900
Outstanding Balance
$513,690
Interest Rate
6.99%
Mortgage Type
VA
Estimated Equity
$89,908
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
Threadgill Ben E $609,900 Erickson Title & Closing
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Threadgill Ben E $519,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2024 07/18/24 Sold $609,900 0.0% $203 / Sq Ft
06/29/2024 06/29/24 Pending -- -- --
12/01/2023 12/01/23 For Sale $609,900 -- $203 / 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 -- $153,925 $30,525 $123,400
2024 -- $51,525 $30,525 $21,000
Source: Public Records

Agents Affiliated with this Home

  • Lisa Fitzgerald

    Seller's Agent in 2024

    Lisa Fitzgerald

    Main Street, REALTORS

    (901) 277-0241

    16 in this area

    195 Total Sales

    Lisa Fitzgerald
    Section Image
  • Nancy Huddleston

    Buyer's Agent in 2024

    Nancy Huddleston

    Coldwell Banker Collins-Maury

    (901) 484-9494

    3 in this area

    86 Total Sales

    Nancy Huddleston
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10161901

Memphis Area Association of REALTORS®

APN: D0-223K-A0-0002

Tennessee Shelby County Collierville 38017 Gray's Creek

501 Sugar Magnolia Loop W, Collierville, TN

This home is located at 501 Sugar Magnolia Loop W, Collierville, TN 38017 since 01 December 2023 and is currently estimated at $603,598, approximately $188 per square foot. This property was built in 2023. 501 Sugar Magnolia Loop W is a home located in Shelby County with nearby schools including Macon-Hall Elementary School, Mt. Pisgah Middle School, and Germantown High School.

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