$472,570 - $500,000
RENTED DEC 26, 2024

505 Fernleigh Cove Collierville, TN 38017

5 Beds
2.5 Baths
3,238 Sq Ft
$150 Price per Sq Ft

Highlights

  • Main Floor Primary Bedroom
  • Whirlpool Bathtub
  • Bonus Room
  • Tara Oaks Elementary School Rated A
  • 1 Fireplace
  • 2 Car Attached Garage

About This Home

As of December 2024

Lovely Family home on large fenced corner lot. Luxury Master Down 4 Bedrooms plus bonus up. Hardwood and Tile flooring 2 car garage Formal Dining Room Breakfast Room Home is ready for late October Occupancy

Last Agent to Rent the Property

Frank Pereira

Jennae Realty, Inc. License #251475 Listed on: 09/21/2024

Last Renter's Agent

Frank Pereira

Jennae Realty, Inc. License #251475 Listed on: 09/21/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,115

Year Built

  • Built in 1998

Lot Details

  • 0.3 Acre Lot

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 3,238 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Window Treatments
  • Bonus Room
  • Laundry Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main
  • Double Vanity
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Community Details

  • Planters Ridge Section 3 Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number C0245Y E00010

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,115

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Class: Rental Properties
  • Type: Rental
  • Style Code Use: General Residential
  • MLS Map #: 873E
  • MAAR Subdivision Name: PLANTERS RIDGE PH3
  • Freestanding: Yes
  • Number Of Stories: 2
  • Price Per Sq Ft: 0.8
  • Estimated Sq Ft: 3238
  • Year Built: 1998
  • List Price/ Sq Ft: 1
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: Primary Down, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower
  • Bedrooms: 5
  • Bedrooms Down: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher, Microwave
  • Misc Interior: All Window Treatments
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Bonus Room
  • Total Bathrooms: 2.1

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Number: 161
  • Acreage: 0.3
  • Lot Size: 12927 SF 105 X 115
  • Price Per Acre: 8667
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 10

Tax Info

  • Assessor Parcel Number: C0245Y E00010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 26, 2004
Sold by
Chode Satish
Bought by
Chode Satish and Chode Manga R
Current Estimated Value
$486,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
5.57%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 16, 2004
Sold by
Cendant Mobility Government Financial Se
Bought by
Chode Satish

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
5.57%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 18, 2004
Sold by
Folmar Michael J and Folmar Tamara A
Bought by
Cendant Mobility Government Financial Se and Burrow Closing Management Corp

Purchase Details

Closed on
Dec 29, 1998
Sold by
Colonial Homes Llc
Bought by
Folmar Michael J and Folmar Tamara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,010
Interest Rate
6.77%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Chode Satish -- --
Chode Satish $259,500 Mid South Title Agency Inc
Cendant Mobility Government Financial Se $259,500 --
Folmar Michael J $228,900 Southern Escrow Title Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Chode Satish $185,000
Previous Owner Folmar Michael J $206,010
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/26/2024 12/26/24 Rented $2,600 0.0% --
12/09/2024 12/09/24 Price Changed $2,600 -7.1% $1 / Sq Ft
09/21/2024 09/21/24 For Rent $2,800 +12.0% --
05/12/2022 05/12/22 Rented $2,500 0.0% --
04/14/2022 04/14/22 For Rent $2,500 +11.6% --
02/01/2020 02/01/20 Rented $2,240 0.0% --
10/22/2019 10/22/19 Price Changed $2,240 +1.8% $1 / Sq Ft
10/10/2019 10/10/19 For Rent $2,200 0.0% --
10/22/2018 10/22/18 Rented $2,200 0.0% --
09/10/2018 09/10/18 Price Changed $2,200 -4.3% $1 / Sq Ft
08/27/2018 08/27/18 For Rent $2,300 -- --
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 $3,115 $120,825 $12,825 $108,000
2024 $3,115 $91,875 $12,825 $79,050
2023 $4,805 $91,875 $12,825 $79,050
2022 $4,695 $91,875 $12,825 $79,050
2021 $4,750 $91,875 $12,825 $79,050
2020 $4,536 $77,150 $12,825 $64,325
2019 $3,125 $77,150 $12,825 $64,325
2018 $3,125 $77,150 $12,825 $64,325
2017 $3,171 $77,150 $12,825 $64,325
2016 $2,831 $64,775 $0 $0
2014 $2,831 $64,775 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • F

    Landlord's Agent in 2024

    Frank Pereira

    Jennae Realty, Inc.

    (901) 853-0834

    26 in this area

    44 Total Sales

    Frank Pereira
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10181706

Memphis Area Association of REALTORS®

APN: C0-245Y-E0-0010

Tennessee Shelby County Collierville 38017

505 Fernleigh Cove, Collierville, TN

This home is located at 505 Fernleigh Cove, Collierville, TN 38017 since 21 September 2024 and is currently priced at $486,893. This property was built in 1998. 505 Fernleigh Cove is a home located in Shelby County with nearby schools including Tara Oaks Elementary School, Collierville Middle School, and Collierville High School.

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