NOT LISTED FOR SALE

506 Lambs Brook Ln Collierville, TN 38017

Estimated Value: $1,189,000 - $1,362,000

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

Last Sold August 05, 2019

Last sale price $912,500 $183 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $7,522/month

Highlights

  • Home Theater
  • Landscaped Professionally
  • Vaulted Ceiling
  • Bailey Station Elementary School Rated A
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of August 2019

Absolutely Gorgeous in Shepherd’s Creek, Spacious Home w/ Tons of Upgrades! Features almost 4,800 Sq Ft, 5 Bedrooms+Huge Bonus Room, 4 Full Bathrooms & Half Bath, Soaring Ceilings & Fireplace, Hardwood Floors, Updated Kitchen, Granite Countertops,Gas Cooktops, Instant Hot Water in Kitchen, Sub-Zero Refrigerator, Luxury Master bath, 3 Quantum doors, Plantation Shutters, Motorized Mesh and Vinyl Screens, Landscape Lighting Fieldstone Exterior Walkways,Tiled Covered Patio, Built Enclosed TV Case .

Last Agent to Sell the Property

Jeanette Lin

Pinnacle Realty License #318772 Listed on: 06/07/2019

Last Buyer's Agent

Tracy Dougan Lombardo

Marx-Bensdorf, REALTORS License #326107

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,727

Year Built

  • Built in 2017

Lot Details

  • Lot Dimensions are 117x151
  • Landscaped Professionally
  • Corner Lot

HOA Fees

  • $42 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 4,500-4,999 Sq Ft Home
  • 4,736 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Some Wood Windows
  • Double Pane Windows
  • Aluminum Window Frames
  • Entrance Foyer
  • Great Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Home Theater
  • Den
  • Loft
  • Bonus Room
  • Storage Room
  • Laundry Room
  • Keeping Room
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • 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
  • Bathtub With Separate Shower Stall

Attic

  • Attic Access Panel
  • Permanent Attic Stairs

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
  • Heating System Uses Gas
  • 220 Volts
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Shepherds Creek Subdivision
  • Mandatory home owners association

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,727

Year Built

Built in 2017

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Contemporary
  • Detached Unit Type: General Residential
  • MLS Map #: 872B
  • MAAR Subdivision Name: Shepherds Creek PH2
  • List Price Per Sq Ft: 200
  • Number Of Stories: 2
  • Price Per Sq Ft: 192.67
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 4736
  • Year Built: 2017
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 2 or More Baths, Laundry Room, Keeping/Hearth Room
  • Second Story Floor Plan: 3rd Bedroom, 4th or More Bedrooms, 2 or More Baths, Bonus Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Vaulted/Coffered Primary, Split Bedroom Plan, Luxury Primary Bath, Double Vanity Bath, Separate Tub & Shower, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 4500-4999
  • 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, Walk-In Closet, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 5 Description: Level 2, Walk-In Closet, Private Full Bath, Smooth Ceiling, Carpet
  • Bedrooms: 5
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Equipment: Double Oven, Cooktop, Gas Cooking, Disposal, Dishwasher, Microwave, Cable Wired
  • Living Dining Kitchen: Separate Dining Room, Great Room, Eat-In Kitchen, Breakfast Bar, Separate Breakfast Room, Pantry, Island In Kitchen
  • Misc Interior: Walk-In Closet(s), Permanent Attic Stairs, Attic Access, Walk-In Attic
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Laundry Closet, Bonus Room, Entry Hall, Loft/Balcony, Media Room, Attic
  • Total Bathrooms: 4.1
  • 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, Vaulted/Coffered Ceiling, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Porch, Covered Patio, Sidewalks
  • Exterior Windows: Brick Veneer, Wood/Composition, Aluminum Window(s), 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, More than 3 Coverd Spaces, Storage Room(s), Garage Door Opener(s), Side-Load Garage

Utilities

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

Association/Amenities

  • Annual Association Fee: 500
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Corner, Professionally Landscaped
  • Lot Number: 32
  • Lot Size: 117X151

Multi Family

  • Number Of Rooms: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2019
Closed on
Aug 5, 2019
Sold by
Brown James Glen and Brown Valerie B
Bought by
Ayotte Rebecca J and Ayotte Joseph
Seller's Agent
Jeanette Lin
Pinnacle Realty
Buyer's Agent
Tracy Dougan Lombardo
Marx-Bensdorf, REALTORS
List Price
$1,049,000
Sold Price
$912,500
Premium/Discount to List
-$136,500
-13.01%
Current Estimated Value
$1,293,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$380,652
Avg. Annual Appreciation
5.77%
Original Mortgage
$730,000
Outstanding Balance
$640,654
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$652,498

Purchase Details

Listed on
Apr 24, 2017
Closed on
Feb 8, 2018
Sold by
Brown James G and Brown Valerie B
Bought by
Brown James Glen and Brown Valerie B
Seller's Agent
Heather Oakes
Oak Grove Realty, LLC
Buyer's Agent
Heather Oakes
Oak Grove Realty, LLC
List Price
$849,887
Sold Price
$869,887
Premium/Discount to List
$20,000
2.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.07%

Purchase Details

Listed on
Apr 24, 2017
Closed on
Jan 5, 2018
Sold by
Magnolia Homes Inc
Bought by
Brown James G and Brown Valerie B
Seller's Agent
Heather Oakes
Oak Grove Realty, LLC
Buyer's Agent
Heather Oakes
Oak Grove Realty, LLC
List Price
$849,887
Sold Price
$869,887
Premium/Discount to List
$20,000
2.35%

Purchase Details

Closed on
Feb 10, 2017
Sold by
Crews Development Llc
Bought by
Magnoiia Homes Inc
Source: Public Records

Range of Values:

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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
Ayotte Rebecca J $912,500 Coventry Escrow & Ttl Co Llc
Brown James Glen -- None Available
Brown James G $869,087 Memphis Title Co
Magnoiia Homes Inc $156,800 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ayotte Rebecca J $730,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/05/2019 08/05/19 Sold $912,500 -3.8% $203 / Sq Ft
06/11/2019 06/11/19 Price Changed $949,000 -9.5% $211 / Sq Ft
06/07/2019 06/07/19 For Sale $1,049,000 +20.6% $233 / Sq Ft
01/05/2018 01/05/18 Sold $869,887 +2.4% $193 / Sq Ft View Prior Sale
12/29/2017 12/29/17 Pending -- -- --
04/24/2017 04/24/17 For Sale $849,887 -- $189 / 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 $7,727 $320,225 $75,000 $245,225
2024 $7,727 $227,925 $55,050 $172,875
2023 $11,920 $227,925 $55,050 $172,875
2022 $11,647 $227,925 $55,050 $172,875
2021 $13,676 $227,925 $55,050 $172,875
2020 $12,495 $212,500 $40,050 $172,450
2019 $8,606 $212,500 $40,050 $172,450
2018 $8,606 $212,500 $40,050 $172,450
Source: Public Records

Agents Affiliated with this Home

  • Jeanette Lin

    Seller's Agent in 2019

    Jeanette Lin

    Pinnacle Realty

    (901) 335-7447

    6 in this area

    241 Total Sales

    Jeanette Lin
    Section Image
  • Tracy Dougan Lombardo

    Buyer's Agent in 2019

    Tracy Dougan Lombardo

    Marx-Bensdorf, REALTORS

    (901) 581-3257

    6 in this area

    82 Total Sales

    Tracy Dougan Lombardo
    Section Image

  • H

    Seller's Agent in 2018

    Heather Oakes

    Oak Grove Realty, LLC

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10054517

Memphis Area Association of REALTORS®

APN: C0-232A-B0-0006

Tennessee Shelby County Collierville 38017

506 Lambs Brook Ln, Collierville, TN

This home is located at 506 Lambs Brook Ln, Collierville, TN 38017 since 07 June 2019 and is currently estimated at $1,293,152, approximately $258 per square foot. This property was built in 2017. 506 Lambs Brook Ln is a home located in Shelby County with nearby schools including Bailey Station Elementary School, West Collierville Middle School, and Collierville High School.

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