$475,000
SOLD NOV 18, 2020

502 S Shea Rd Collierville, TN 38017

4 Beds
3 Baths
2,800-2,999 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$158 Per Sq Ft

2 Days on Market

Highlights

  • Landscaped Professionally
  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Schilling Farms Elementary School Rated A
  • Wood Flooring
  • Attic

About This Home

As of October 2024

Immaculate ENERGY efficient built home inside & out! Full of high end finishes & stainless steel appliances! Too many features to list! Looking for a modern farmhouse? Well, look no further. This 4 BR (3 full baths) home boasts an open floor plan that is perfect for entertaining. Only 2 yrs. old and BETTER THAN NEW, complete with upstairs expansion (March 2020) and beautifully landscaped front/backyard. Location is close proximity to a stretch of the Collierville Greenbelt. Must-see!!!

Last Agent to Sell the Property

Susanne Flynn

Flynn Realty License #303511 Listed on: 09/03/2020

Last Buyer's Agent

Susanne Flynn

Flynn Realty License #303511 Listed on: 09/03/2020

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2018

Lot Details

  • 4,792 Sq Ft Lot
  • Wood Fence
  • Landscaped Professionally
  • Level Lot
  • Sprinklers on Timer
  • Zero Lot Line

HOA Fees

  • $133 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,800-2,999 Sq Ft Home
  • 2,950 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Double Pane Windows
  • Window Treatments
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Bonus Room
  • Attic Access Panel

Kitchen

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

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • En-Suite Bathroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Double Vanity
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Monitored
  • Fire and Smoke Detector
  • Termite Clearance

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking

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
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number C0243F G00012

Community Details

Overview

  • Villages Of Porter Farms Subdivision
  • Mandatory home owners association
  • Planned Unit Development

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2018

Lot Details

0

HOA Fees

$133 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 875A
  • MAAR Subdivision Name: Villages of Porter Farms
  • List Price Per Sq Ft: 161
  • Number Of Stories: 2
  • Price Per Sq Ft: 161.02
  • Prop Construction Status: Existing Property
  • Planned Unit Development: Yes
  • Estimated Sq Ft: 2950
  • Termite Contract: Yes
  • Year Built: 2018
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Master 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, Master Down, Double Vanity Bath, Separate Tub & Shower, Full Bath Down
  • Estimated Heated Sq Ft Range: 2800-2999
  • Bedroom 2 Description: Level 1, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 1, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 4 Description: Level 2, Walk-In Closet, Private Full Bath, Smooth Ceiling, Carpet
  • Bedrooms: 4
  • Bedrooms Down: 3
  • Fireplace: Prefabricated, Ventless Gas Fireplace, In Living Room, Gas Starter, Gas Logs
  • Floors/Ceilings: Hardwood Throughout, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 3
  • Equipment: Range/Oven, Self Cleaning Oven, Double Oven, Cooktop, Gas Cooking, Disposal, Dishwasher, Microwave, Refrigerator, Cable Wired
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Eat-In Kitchen, Breakfast Bar, Pantry, Island In Kitchen, Washer/Dryer Connections
  • Primary Bathroom Description: Double Sinks, Separate Shower, Smooth Ceiling, Tile Floor
  • Master Bedroom: Level 1, Walk-In Closet, Full Bath, Smooth Ceiling, Hardwood Floor
  • Master Bedroom Dimensions: 15x16
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Attic Access, Walk-In Attic, Rear Stairs to Playroom, Security System, Smoke Detector(s), Monitored Alarm, Vent Hood/Exhaust Fan
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Bonus Room, Attic
  • Total Bathrooms: 3

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler, Porch, Covered Patio, Wood Fence, Sidewalks
  • 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: 2
  • Parking Display: G2A
  • Parking Storage: Driveway/Pad, Garage Door Opener(s), Back-Load Garage, On-Street Parking

Utilities

  • Cooling: Central, Ceiling Fan(s), Dual System
  • Heating: Central, Gas, Dual System
  • Security: Burglar Alarm, Monitored Alarm System, Smoke Detector(s)
  • Water Sewer: Gas Water Heater

Association/Amenities

  • Annual Association Fee: 1600
  • Neighborhood Amenities: Pool
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Level, Landscaped, Professionally Landscaped, Wood Fenced
  • Lot Number: 12
  • Acreage: 0.11
  • Lot Size: 4922sqft
  • Price Per Acre: 4318182
  • Zero Lot Line: Yes

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: C0243F G00012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2024
Closed on
Oct 23, 2024
Sold by
Hankins Nancy
Bought by
Gesell David H and Gesell Patricia H
Seller's Agent
Lauren Bogart
Real Estate Agency
Buyer's Agent
Leslie O'Leary
McWaters & Associates
List Price
$610,000
Sold Price
$560,000
Premium/Discount to List
-$50,000
-8.2%
Views
20
Current Estimated Value
$558,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,267
Avg. Annual Appreciation
2.62%

Purchase Details

Listed on
Sep 3, 2020
Closed on
Nov 19, 2020
Sold by
Do H Stephen
Bought by
Hankins Nancy
Seller's Agent
Susanne Flynn
Flynn Realty
Buyer's Agent
Susanne Flynn
Flynn Realty
List Price
$475,000
Sold Price
$475,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.28%
Original Mortgage
$110,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 2, 2018
Closed on
Sep 21, 2018
Sold by
Forest Hill Development Llc
Bought by
Do H Stephen
Seller's Agent
Joyce McKenzie
Crye-Leike, Inc., REALTORS
Buyer's Agent
Joyce McKenzie
Crye-Leike, Inc., REALTORS
List Price
$385,000
Sold Price
$389,000
Premium/Discount to List
$4,000
1.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.69%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $560,000 Memphis Title
Warranty Deed $475,000 None Available
Corporate Deed $389,000 Southern Trust Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $380,000 Credit Line Revolving
Previous Owner $110,000 New Conventional
Previous Owner $275,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2024 10/23/24 Sold $560,000 -3.4% $200 / Sq Ft
10/11/2024 10/11/24 Pending -- -- --
09/04/2024 09/04/24 Price Changed $579,900 -1.7% $207 / Sq Ft
08/19/2024 08/19/24 Price Changed $589,900 -1.7% $211 / Sq Ft
08/02/2024 08/02/24 Price Changed $599,900 -1.7% $214 / Sq Ft
07/25/2024 07/25/24 For Sale $610,000 +28.4% $218 / Sq Ft
11/18/2020 11/18/20 Sold $475,000 0.0% $170 / Sq Ft
09/05/2020 09/05/20 Pending -- -- --
09/03/2020 09/03/20 For Sale $475,000 +22.1% $170 / Sq Ft
09/21/2018 09/21/18 Sold $389,000 +1.0% $177 / Sq Ft
07/02/2018 07/02/18 Pending -- -- --
07/02/2018 07/02/18 For Sale $385,000 -- $175 / 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 -- $144,700 $27,500 $117,200
2024 $3,823 $112,775 $23,700 $89,075
2023 $5,898 $112,775 $23,700 $89,075
2022 $5,763 $112,775 $23,700 $89,075
2021 $6,767 $112,775 $23,700 $89,075
2020 $5,880 $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: 10084197

Memphis Area Association of REALTORS®

APN: C0-243F-G0-0012