NOT LISTED FOR SALE

503 S Shea Rd Collierville, TN 38017

Estimated Value: $480,000

3 Beds
2 Baths
2,200-2,399 Sq Ft
$200/Sq Ft Est. Value

Last Sold November 17, 2023

Last sale price $530,000 $221 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $2,648/month

Highlights

  • Landscaped Professionally
  • Traditional Architecture
  • 1 Fireplace
  • Schilling Farms Elementary School Rated A
  • Wood Flooring
  • Great Room

About This Home

As of November 2023

Lot Presale - Plans attached. Call for more details!

Last Agent to Sell the Property

Joyce McKenzie

Crye-Leike, Inc., REALTORS License #264527 Listed on: 05/25/2023

Crye-Leike, Inc., REALTORS

Co-Listed By

JOHN JOHNSON

Adaro Realty, Inc. License #293066

Last Buyer's Agent

Sue Stinson-Turner

Crye-Leike, Inc., REALTORS License #22335

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,240

Year Built

  • Built in 2023

Lot Details

  • Landscaped Professionally
  • Sprinklers on Timer

Home Design

  • Proposed Property
  • Traditional Architecture
  • Soft Contemporary Architecture

Interior Spaces

  • 2,200-2,399 Sq Ft Home
  • 2,350 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • 1 Fireplace
  • Great Room
  • Breakfast Room
  • Dining Room
  • Termite Clearance
  • Kitchen Island
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Driveway

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Community Details

  • Villages At Porter Farms Subdivision
  • Mandatory Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,240

Year Built

Built in 2023

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Soft Contemporary, Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 875A
  • MAAR Subdivision Name: Villages at Porter Farms
  • Est Date Of Completion: 12/15/2023
  • Number Of Stories: 1
  • Price Per Sq Ft: 225.53
  • Prop Construction Status: Proposed Construction
  • Estimated Sq Ft: 2350
  • Termite Contract: Yes
  • Year Built: 2023
  • List Price/ Sq Ft: 226
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Split Bedroom Plan, Double Vanity Bath, Full Bath Down
  • Estimated Heated Sq Ft Range: 2200-2399
  • Bedroom 2 Description: Hardwood Floor, Level 1, Smooth Ceiling
  • Bedroom 3 Description: Hardwood Floor, Level 1, Smooth Ceiling
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Hardwood Throughout, Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Dining Room, Great Room, Separate Breakfast Room, Pantry, Island In Kitchen, Washer/Dryer Connections
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2
  • Primary Bathroom Description: Double Sinks, Separate Shower, Tile Floor
  • P R I M A R Y B E D R O O M: Full Bath, Hardwood Floor, Level 1, Walk-In Closet

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler, Porch, Covered Patio, Well Landscaped Grounds, Sidewalks
  • Exterior Windows: Brick Veneer

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

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Professionally Landscaped
  • Lot Number: 9
  • Lot Size: .16

Multi Family

  • Number Of Rooms: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2023
Closed on
Nov 17, 2023
Sold by
Forest Hill Development Llc
Bought by
Forkum Living Trust and Forkum
Seller's Agent
Joyce McKenzie
Crye-Leike, Inc., REALTORS
Buyer's Agent
Sue Stinson-Turner
Crye-Leike, Inc., REALTORS
List Price
$530,000
Sold Price
$530,000
Views
5
Current Estimated Value
$480,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$50,000
Avg. Annual Appreciation
-5.11%
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
Forkum Living Trust $530,000 Realty Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2023 11/17/23 Sold $530,000 0.0% $241 / Sq Ft
05/25/2023 05/25/23 Pending -- -- --
05/25/2023 05/25/23 For Sale $530,000 -- $241 / 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 $1,240 $137,800 $27,500 $110,300
2024 $1,240 $102,850 $23,700 $79,150
2023 $1,240 $23,700 $23,700 $0
2022 $1,211 $23,700 $23,700 $0
Source: Public Records

Agents Affiliated with this Home

  • Joyce McKenzie

    Seller's Agent in 2023

    Joyce McKenzie

    Crye-Leike

    (901) 286-7110

    135 in this area

    210 Total Sales

    Joyce McKenzie
    Section Image

  • J

    Seller Co-Listing Agent in 2023

    JOHN JOHNSON

    Adaro Realty, Inc.

    Section Image
  • Sue Stinson-Turner

    Buyer's Agent in 2023

    Sue Stinson-Turner

    Crye-Leike

    (901) 853-0265

    8 in this area

    51 Total Sales

    Sue Stinson-Turner
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10148708

Memphis Area Association of REALTORS®

APN: C0-243A-B0-0009

Tennessee Shelby County Collierville 38017

503 S Shea Rd, Collierville, TN

This home is located at 503 S Shea Rd, Collierville, TN 38017 since 25 May 2023 and is currently estimated at $480,000, approximately $200 per square foot. This property was built in 2023. 503 S Shea Rd is a home located in Shelby County with nearby schools including Schilling Farms Elementary School, West Collierville Middle School, and Collierville High School.

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