NOT LISTED FOR SALE

502 Ellie Place Collierville, TN 38017

Estimated Value: $457,266 - $484,000

4 Beds
3 Baths
2,800-2,999 Sq Ft
$159/Sq Ft Est. Value

Last Sold August 23, 2019

Last sale price $335,000 $112 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,820/month

41 Days on Market

Highlights

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

About This Home

As of August 2019

Step inside this well maintained, single-owner home in sought-after Collierville subdivision. Featuring 3 BED/2 BA, split-plan all ON ONE LEVEL + 4th bedroom and bonus UP! Beautifully landscaped entry with irrigation system.9 ft. tall ceilings and wood-like tile throughout the living area. The bright kitchen w/SS appliances connects to breakfast nook with built-in desk and shelves. Gorgeous coffered ceiling in master & large luxury bath. Hang out on the inviting covered patio all summer long!

Last Agent to Sell the Property

Joyce McKenzie

Crye-Leike, Inc., REALTORS License #264527 Listed on: 06/04/2019

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

April Hua

Elm RE Investment License #327280

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,048

Year Built

  • Built in 1998

Lot Details

  • 0.36 Acre Lot
  • Wood Fence
  • Landscaped
  • Corner Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,800-2,999 Sq Ft Home
  • 2,947 Sq Ft Home
  • 1.5-Story Property
  • Vaulted Ceiling
  • Double Pane Windows
  • Window Treatments
  • Entrance Foyer
  • Great Room
  • Dining Room
  • Den with Fireplace
  • Bonus Room
  • Attic Access Panel

Kitchen

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

Flooring

  • Partially Carpeted
  • 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

Parking

  • 2 Car Garage
  • Side Facing Garage
  • Driveway

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Arlington Place Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number C0245T K00008

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,048

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 873E
  • MAAR Subdivision Name: ARLINGTON PLACE
  • List Price Per Sq Ft: 119
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 113.67
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2947
  • Year Built: 1998
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Split Bedroom Plan, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Full Bath Down
  • Estimated Heated Sq Ft Range: 2800-2999
  • Bedroom 2 Description: Level 1, Shared Bath, Carpet
  • Bedroom 3 Description: Level 1, Shared Bath, Carpet
  • Bedroom 4 Description: Level 2, Shared Bath, Carpet
  • Bedrooms: 4
  • Bedrooms Down: 3
  • Fireplace: In Den/Great Room
  • Floors/Ceilings: Part Carpet, Tile, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 3
  • Equipment: Double Oven, Gas Cooking, Disposal, Dishwasher, Microwave, Cable Wired
  • Living Dining Kitchen: Separate Dining Room, Great Room, Eat-In Kitchen, Breakfast Bar, Pantry, Washer/Dryer Connections
  • Misc Interior: Excl Some Window Treatmnt, Walk-In Closet(s), Attic Access
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Bonus Room, Entry Hall, Attic
  • Total Bathrooms: 3
  • 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: Covered Patio, Well Landscaped Grounds, Wood Fence, Sidewalks
  • Exterior Windows: Brick Veneer, Double Pane Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad, Side-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Corner, Landscaped, Wood Fenced
  • Lot Number: 8
  • Acreage: 0.36
  • Lot Size: 15544 SF 112 X 134
  • Price Per Acre: 971944

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: C0245T K00008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2020
Sold by
Zhong Jian
Bought by
Zhong Jian and Wu Juhao
Current Estimated Value
$468,634

Purchase Details

Listed on
Jun 4, 2019
Closed on
Aug 29, 2019
Sold by
Posey Sam L and Posey Lisa C
Bought by
Zhong Jian
Seller's Agent
Joyce McKenzie
Crye-Leike, Inc., REALTORS
Buyer's Agent
April Hua
Elm RE Investment
List Price
$349,900
Sold Price
$335,000
Premium/Discount to List
-$14,900
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.80%
Original Mortgage
$251,250
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 1998
Sold by
Correale Investment Properties Llc
Bought by
Posey Sam L and Posey Lisa C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
7.02%
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
Zhong Jian -- None Available
Zhong Jian $335,000 Realty Title & Escrow Co Inc
Posey Sam L $214,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhong Jian $249,000
Closed Zhong Jian $251,250
Previous Owner Posey Sam L $54,000
Previous Owner Posey Lisa C $29,000
Previous Owner Posey Samuel Leslie $188,000
Previous Owner Posey Lisa C $65,000
Previous Owner Posey Samuel L $127,000
Previous Owner Posey Samuel L $162,000
Previous Owner Posey Sam L $54,000
Previous Owner Posey Sam L $146,000
Previous Owner Posey Sam L $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2019 08/23/19 Sold $335,000 -4.3% $120 / Sq Ft
07/15/2019 07/15/19 Pending -- -- --
06/04/2019 06/04/19 For Sale $349,900 -- $125 / 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 $3,048 $111,425 $14,400 $97,025
2024 $3,048 $89,900 $14,400 $75,500
2023 $4,702 $89,900 $14,400 $75,500
2022 $4,594 $89,900 $14,400 $75,500
2021 $3,102 $89,900 $14,400 $75,500
2020 $4,116 $70,000 $14,400 $55,600
2019 $0 $70,000 $14,400 $55,600
2018 $2,835 $70,000 $14,400 $55,600
2017 $4,018 $70,000 $14,400 $55,600
2016 $2,660 $60,875 $0 $0
2014 $2,660 $60,875 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10054184

Memphis Area Association of REALTORS®

APN: C0-245T-K0-0008