NOT LISTED FOR SALE

503 Lambs Brook Ln Collierville, TN 38017

Collierville Area

Estimated Value: $1,296,331

5 Beds
4.5 Baths
4,500-4,999 Sq Ft
$259/Sq Ft Est. Value

Sale Details

Date Sold: September 25, 2023

Last sale price $1,180,000 $236 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $7,364 / mo

7 Days on Market

Highlights

  • Updated Kitchen
  • Landscaped Professionally
  • Living Room with Fireplace
  • Bailey Station Elementary School Rated A
  • Community Lake
  • Traditional Architecture

About This Home

As of September 2023

Almost new Magnolia Home!Price reduction $90,000 in 6days!5bedrms w 3 bedrms on 1st floor and 4 1/2 baths!NEW carpet! Brand new coated garage floors, w irrigation front/back yards. Electric shades in covered screened in patio in back yard along with a 2nd fireplace out back! This home is full of upgrades as you can see in pics! LARGE primary bedrm/bath with 2 walk in closets and a separate shower along with a fabo claw foot tub!Media room is HUGE! Circular driveway along w an extra driveway pad!

Last Agent to Sell the Property

Abbey Garner Miesse

Oak Grove Realty, LLC License #263163 Listed on: 08/25/2023

Last Buyer's Agent

Carol Iverson

Crye-Leike, Inc., REALTORS License #23002

Crye-Leike, Inc., REALTORS

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 2018

Lot Details

  • 16,117 Sq Ft Lot
  • Wood Fence
  • Landscaped Professionally
  • Level Lot
  • Sprinklers on Timer
  • Few Trees

HOA Fees

  • $54 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation

Interior Spaces

  • 4,500-4,999 Sq Ft Home
  • 4,745 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Casement Windows
  • Living Room with Fireplace
  • 2 Fireplaces
  • Breakfast Room
  • Dining Room
  • Bonus Room with Fireplace
  • Play Room
  • Screened Porch
  • Permanent Attic Stairs
  • Laundry Room

Kitchen

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

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • En-Suite Bathroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Home Security

  • Burglar Security System
  • Fire and Smoke Detector

Parking

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

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • 220 Volts
  • Water Heater
  • Cable TV Available

Community Details

  • Shepherds Creek Pd Phase 2 Subdivision
  • Mandatory home owners association
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number C0232A B00022

Home Details

Home Type

Single Family

Year Built

Built in 2018

Lot Details

0.37 Acres

HOA Fees

$54 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: SHEPHERDS CREEK PH2
  • Number Of Stories: 2
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 4745
  • Year Built: 2018
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Laundry Room, Breakfast Room
  • Second Story Floor Plan: 4th or More Bedrooms, 2 or More Baths, Play Room/Rec Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Luxury Primary Bath, Double Vanity Bath, Separate Tub & Shower, Half Bath Down
  • Estimated Heated Sq Ft Range: 4500-4999
  • 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
  • Bedroom 5 Description: Level 2, Walk-In Closet, Private Full Bath, Smooth Ceiling, Carpet
  • Bedrooms: 5
  • Bedrooms Down: 3
  • Fireplace: Ventless Gas Fireplace, In Living Room, In Other Room, Gas Starter, Gas Logs
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Continuous Cleaning Oven, Self Cleaning Oven, Double Oven, Cooktop, Gas Cooking, Disposal, Dishwasher, Microwave, Cable Wired, Cable Available
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Updated/Renovated Kitchen, Breakfast Bar, Separate Breakfast Room, Pantry
  • Misc Interior: Walk-In Closet(s), Permanent Attic Stairs, Walk-In Attic, Security System, Smoke Detector(s)
  • Number Of Fireplaces: 2
  • Other Rooms: Laundry Room, Play Room, Attic
  • 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, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler, Porch, Screen Porch, Wood Fence
  • Exterior Windows: Double Pane Window(s), Casement Window(s)
  • Foundation: Slab

Garage/Parking

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

Utilities

  • Cooling: Central, Ceiling Fan(s), 3 or More Systems, 220 Wiring
  • Heating: Central, 3 or More Systems
  • Security: Burglar Alarm, Smoke Detector(s)
  • Water Sewer: 2+ Water Heaters, Public Water, Public Sewer

Association/Amenities

  • Annual Association Fee: 650
  • Neighborhood Amenities: Lake
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Level, Professionally Landscaped, Wood Fenced
  • Lot Number: 48
  • Acreage: 0.37
  • Lot Size: 98.43 X 137.79 IRR

Tax Info

  • Assessor Parcel Number: C0232A B00022

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2023
Closed on
Sep 25, 2023
Sold by
Sharon L Linne Revocable Living Trust
Bought by
Seller's Agent
Abbey Garner Miesse
Oak Grove Realty, LLC
Buyer's Agent
Carol Iverson
Crye-Leike, Inc., REALTORS
List Price
$1,288,000
Sold Price
$1,180,000
Premium/Discount to List
-$108,000
-8.39%
Views
24
Current Estimated Value
$1,296,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,331
Avg. Annual Appreciation
3.21%

Purchase Details

Listed on
Jun 6, 2017
Closed on
Jan 31, 2018
Sold by
Magnolia Homes Inc
Bought by
Linne Sharon L and Linne Scott L
Seller's Agent
Heather Oakes
Oak Grove Realty, LLC
Buyer's Agent
Eric Bell
REMAX Experts
List Price
$869,218
Sold Price
$882,301
Premium/Discount to List
$13,083
1.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.28%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Collierville, TN

  • Cindy Elliott Real Estate Agent - John Green & Co., REALTORS

    Cindy Elliott

    John Green & Co., REALTORS

    (901) 979-9809

    65 Total Sales

    30 in Collierville

    $260K - $780K Price Range

    Cindy Elliott
     Section Image
  • Stephen Mansour Real Estate Agent - KAIZEN Realty, LLC

    Stephen Mansour

    KAIZEN Realty, LLC

    (901) 437-8017

    58 Total Sales

    9 in Collierville

    $205K - $1.1M Price Range

    Stephen Mansour
     Section Image
  • David Apperson Real Estate Agent - McWaters & Associates

    David Apperson

    McWaters & Associates

    (901) 479-1396

    60 Total Sales

    2 in Collierville

    $325K - $420K Price Range

    David Apperson
     Section Image
  • Beverly Hyter Real Estate Agent - KAIZEN Realty, LLC

    Beverly Hyter

    KAIZEN Realty, LLC

    (901) 422-8781

    75 Total Sales

    1 in Collierville

    $547,500 Price

    Beverly Hyter
     Section Image
  • Amy Anderson Real Estate Agent - Crye-Leike, Inc., REALTORS

    Amy Anderson

    Crye-Leike, Inc., REALTORS

    (901) 666-6838

    31 Total Sales

    4 in Collierville

    $425K - $815K Price Range

    Amy Anderson
     Section Image
  • Edwin Scruggs Real Estate Agent - BHHS Taliesyn Realty

    Edwin Scruggs

    BHHS Taliesyn Realty

    (901) 641-0982

    110 Total Sales

    12 in Collierville

    $373K - $910K Price Range

    Edwin Scruggs
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,180,000 Memphis Title Company
Linne Sharon L $882,301 Multiple
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/25/2023 09/25/23 Sold $1,180,000 -1.5% $262 / Sq Ft
08/31/2023 08/31/23 Price Changed $1,198,000 -7.0% $266 / Sq Ft
08/25/2023 08/25/23 For Sale $1,288,000 +46.0% $286 / Sq Ft
01/31/2018 01/31/18 Sold $882,301 +1.5% $196 / Sq Ft View Prior Sale
06/07/2017 06/07/17 Pending -- -- --
06/06/2017 06/06/17 For Sale $869,218 -- $193 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,161 $318,575 $75,000 $243,575
2024 -- $242,175 $55,050 $187,125
2023 $12,666 $242,175 $55,050 $187,125
2022 $12,375 $242,175 $55,050 $187,125
2021 $12,520 $242,175 $55,050 $187,125
2020 $12,057 $205,050 $40,050 $165,000
2019 $8,305 $205,050 $40,050 $165,000
2018 $8,305 $205,050 $40,050 $165,000
Source: Public Records

Agents Affiliated with this Home

  • Abbey Garner Miesse Real Estate Agent - Oak Grove Realty, LLC

    Seller's Agent in 2023

    Abbey Garner Miesse

    Oak Grove Realty, LLC

    (901) 237-3290

    57 Total Sales

    Abbey Garner Miesse
    Section Image
  • Carol Iverson Real Estate Agent - Crye-Leike, Inc., REALTORS

    Buyer's Agent in 2023

    Carol Iverson

    Crye-Leike, Inc., REALTORS

    (901) 482-2878

    54 Total Sales

    Carol Iverson
    Section Image

  • HO

    Seller's Agent in 2018

    Heather Oakes

    Oak Grove Realty, LLC

  • Eric Bell Real Estate Agent - RE/MAX

    Buyer's Agent in 2018

    Eric Bell

    RE/MAX

    (901) 685-6000

    335 Total Sales

    Eric Bell
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10155194

Memphis Area Association of REALTORS®

APN: C0-232A-B0-0022

Tennessee Shelby County Collierville 38017

503 Lambs Brook Ln, Collierville, TN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Memphis Area Association of REALTORS® Listing content and images Copyright 2026 Memphis Area Association of REALTORS®. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it.
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Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393 - 17600 Laguna Canyon Rd, Irvine, CA 92618.

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