NOT LISTED FOR SALE

506 Itawamba Rd Collierville, TN 38017

Estimated Value: $576,290 - $640,000

5 Beds
4.5 Baths
4,000-4,499 Sq Ft
$137/Sq Ft Est. Value

Last Sold August 30, 2016

Last sale price $375,100 $83 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $3,714/month

7 Days on Market

Highlights

  • Landscaped Professionally
  • Fireplace in Hearth Room
  • Wood Flooring
  • Sycamore Elementary School Rated A
  • Traditional Architecture
  • Main Floor Primary Bedroom

About This Home

As of August 2016

This stunning executive home built by John Worley offers 5 bdr, 4.1 ba, bonus and office. Impressive two-story entry, nail-down hardwoods, 2 bdrs down, open kitchen w/gas cooking and granite, hearthroom w/built-ins, covered patio and a huge fenced back yard. Brand new roof ($19,000) and tall double iron front doors($6500) lend exceptional curb appeal. SELLER WILL PAY $4000 TOWARD BUYER'S CLOSING COSTS w/acceptable offer! 1-yr home warranty. Hurry! This beautiful home will not last!

Last Agent to Sell the Property

Marla Pennington

Coldwell Banker Collins-Maury License #312862 Listed on: 07/29/2016

Coldwell Banker Collins-Maury

Last Buyer's Agent

Princess Parker

Crye-Leike, Inc., REALTORS License #336790

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,776

Year Built

  • Built in 2005

Lot Details

  • 0.4 Acre Lot
  • Wood Fence
  • Landscaped Professionally
  • Few Trees

HOA Fees

  • $25 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 4,000-4,499 Sq Ft Home
  • 4,226 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Fireplace in Hearth Room
  • Double Pane Windows
  • Window Treatments
  • Two Story Entrance Foyer
  • Great Room
  • Breakfast Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Keeping Room
  • Laundry Room
  • Attic

Kitchen

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

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Home Security

  • Monitored
  • Fire and Smoke Detector
  • Termite Clearance
  • Iron Doors

Parking

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

Outdoor Features

  • Covered patio or porch

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Estanaula Trails Phase Iv Subdivision
  • Mandatory home owners association
  • Planned Unit Development

Listing and Financial Details

  • Assessor Parcel Number C0258M C00006

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,776

Year Built

Built in 2005

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 876C
  • MAAR Subdivision Name: ESTANAULA TRAILS PH4
  • List Price Per Sq Ft: 89
  • Number Of Stories: 2
  • Price Per Sq Ft: 88.76
  • Prop Construction Status: Existing Property
  • Planned Unit Development: Yes
  • Estimated Sq Ft: 4226
  • Termite Contract: Yes
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 1/2 Bath, 2 or More Baths, Laundry Room, Keeping/Hearth Room, Breakfast Room
  • Second Story Floor Plan: 3rd Bedroom, 4th or More Bedrooms, 2 or More Baths, Office, Bonus Room
  • 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, Half Bath Down
  • Estimated Heated Sq Ft Range: 4000-4499
  • Bedroom 2 Description: Level 1, Walk-In Closet, Private Full Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 2, Walk-In Closet, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 4 Description: Level 2, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 5 Description: Level 2, Shared Bath, Smooth Ceiling, Carpet
  • Bedrooms: 5
  • Bedrooms Down: 2
  • Fireplace: Prefabricated, Vented Gas Fireplace, In Keeping/Hearth room, Gas Starter, Gas Logs
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling, Two Story Foyer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Equipment: Self Cleaning Oven, Double Oven, Cooktop, Gas Cooking, Disposal, Dishwasher, Microwave, Cable Wired
  • Living Dining Kitchen: Separate Dining Room, Great Room, Eat-In Kitchen, Breakfast Bar, Pantry, Keeping/Hearth Room
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Walk-In Attic, Rear Stairs to Playroom, Cat/Dog Free House, Security System, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Bonus Room, Office/Sewing Room, Attic
  • Total Bathrooms: 4.1
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, 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: Wrought Iron Security Drs, Covered Patio, 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: 3
  • Parking Display: G3A
  • Parking Storage: Driveway/Pad, Garage Door Opener(s), Side-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s), Dual System, 220 Wiring
  • Heating: Central, Gas, Dual System
  • Security: Monitored Alarm System
  • Water Sewer: Gas Water Heater, 2+ Water Heaters, Public Water, Public Sewer

Association/Amenities

  • Annual Association Fee: 300
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Professionally Landscaped, Wood Fenced
  • Lot Number: 232
  • Acreage: 0.4
  • Keeping Hearth Dimension: 19x14
  • Lot Size: 17493 SF 16.93 X 195.23 (IRR)
  • Price Per Acre: 937500

Multi Family

  • Number Of Rooms: 11

Tax Info

  • Assessor Parcel Number: C0258M C00006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2020
Sold by
Bandaru Ramesh and Bandaru Radha
Bought by
Bandaru Radha and Bandaru Ramesh
Current Estimated Value
$616,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Outstanding Balance
$104,482
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$517,332

Purchase Details

Listed on
Jul 29, 2016
Closed on
Aug 30, 2016
Sold by
Lowe Bryan K and Lowe Sandra
Bought by
Bandaru Ramesh and Bandaru Radha
Seller's Agent
Marla Pennington
Coldwell Banker Collins-Maury
Buyer's Agent
Princess Parker
Crye-Leike, Inc., REALTORS
List Price
$375,000
Sold Price
$375,100
Premium/Discount to List
$100
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.81%
Original Mortgage
$300,080
Outstanding Balance
$145,764
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$476,050

Purchase Details

Listed on
Mar 2, 2015
Closed on
Apr 21, 2015
Sold by
Fannie Mae
Bought by
Lowe Bryan K and Lowe Sandra
Seller's Agent
Walter Dunn
Walter Dunn and Associates
Buyer's Agent
Marla Pennington
Coldwell Banker Collins-Maury
List Price
$319,900
Sold Price
$330,000
Premium/Discount to List
$10,100
3.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.88%
Original Mortgage
$297,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2014
Sold by
Weltlich Kenneth E and Weltlich Victoria A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 30, 2005
Sold by
John Worley Jr Builder Inc
Bought by
Weltlich Kenneth E and Weltlich Victoria A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.46%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 22, 2004
Sold by
Polo Run Joint Venture
Bought by
John Worley Jr Builder Inc

Purchase Details

Closed on
Jan 17, 2003
Sold by
Polo Run Joint Venture
Bought by
John Worley Jr Builder Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
6.16%
Mortgage Type
Construction
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
Bandaru Radha -- None Available
Bandaru Ramesh $375,100 Stewart Title Guaranty Co
Lowe Bryan K $330,000 Stewart Title Co
Federal National Mortgage Association $321,423 None Available
Weltlich Kenneth E $394,900 --
John Worley Jr Builder Inc -- --
John Worley Jr Builder Inc $77,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bandaru Radha $140,000
Open Bandaru Ramesh $300,080
Previous Owner Lowe Bryan K $297,000
Previous Owner Weltlich Kenneth E $50,000
Previous Owner Weltlich Kenneth E $309,900
Previous Owner John Worley Jr Builder Inc $272,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2016 08/30/16 Sold $375,100 0.0% $94 / Sq Ft
08/05/2016 08/05/16 Pending -- -- --
07/29/2016 07/29/16 For Sale $375,000 +13.6% $94 / Sq Ft
04/21/2015 04/21/15 Sold $330,000 +3.2% $83 / Sq Ft
03/10/2015 03/10/15 Pending -- -- --
03/02/2015 03/02/15 For Sale $319,900 -- $80 / 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 $3,776 $145,475 $28,250 $117,225
2024 $3,776 $111,375 $19,650 $91,725
2023 $5,825 $111,375 $19,650 $91,725
2022 $5,691 $111,375 $19,650 $91,725
2021 $3,842 $111,375 $19,650 $91,725
2020 $3,715 $91,725 $19,650 $72,075
2019 $3,715 $91,725 $19,650 $72,075
2018 $3,715 $91,725 $19,650 $72,075
2017 $5,265 $91,725 $19,650 $72,075
2016 $3,388 $77,525 $0 $0
2014 $3,388 $77,525 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Marla Pennington

    Seller's Agent in 2016

    Marla Pennington

    Coldwell Banker Collins-Maury

    (901) 258-2998

    8 in this area

    59 Total Sales

    Section Image
  • Princess Parker

    Buyer's Agent in 2016

    Princess Parker

    Crye-Leike

    (901) 238-1566

    18 in this area

    84 Total Sales

    Section Image

  • W

    Seller's Agent in 2015

    Walter Dunn

    Walter Dunn and Associates

  • R

    Seller Co-Listing Agent in 2015

    Rachel Dunn Williams

    Keller Williams

    (901) 756-0025

    2 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9983099

Memphis Area Association of REALTORS®

APN: C0-258M-C0-0006

Tennessee Shelby County Collierville 38017

506 Itawamba Rd, Collierville, TN

This home is located at 506 Itawamba Rd, Collierville, TN 38017 since 29 July 2016 and is currently estimated at $617,323, approximately $137 per square foot. This property was built in 2005. 506 Itawamba Rd is a home located in Shelby County with nearby schools including Sycamore Elementary School, Collierville Middle School, and Collierville High School.

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.

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