NOT LISTED FOR SALE

515 Armel Dr Collierville, TN 38017

Estimated Value: $453,000 - $488,000

3 Beds
2.5 Baths
2,000-2,199 Sq Ft
$212/Sq Ft Est. Value

Sale Details

Date Sold: January 27, 2022

Last sale price $400,070 $182 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,754 / mo

Highlights

  • Landscaped Professionally
  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Sycamore Elementary School Rated A
  • Wood Flooring
  • Attic

About This Home

As of January 2022

One-of-a-Kind Townhome Community in Prime Collierville Location. Starting Price $390,000. Only 5 Minutes to Collierville High School / 2 Miles from Carriage Crossing & Hwy 385. 3 Open Concept Floor Plans to Choose From - Apprx. 2000+\- Sq.Ft. 3BR, 2.5BA, 2-Car Garage. HOA cares for lawn/irrigation and exterior maintenance, neighborhood pool and pool house. See Attached Brochure for More Details or Contact Listing Agent. Lot 3 - The Ashford (Plan A) NO RENTALS

Last Agent to Sell the Property

Hank Hogue

Crye-Leike, Inc., REALTORS License #219585 Listed on: 01/14/2022

Crye-Leike, Inc., REALTORS

Co-Listed By

Christie Jones

Crye-Leike, Inc., REALTORS License #266868

Last Buyer's Agent

Max Rubenstein

Marx-Bensdorf, REALTORS License #336722

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2021 | Under Construction

Lot Details

  • Wood Fence
  • Landscaped Professionally
  • Sprinklers on Timer

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,000-2,199 Sq Ft Home
  • 2,012 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Entrance Foyer
  • Great Room
  • Dining Room
  • Den
  • Loft
  • Storage Room
  • Laundry Room
  • Pull Down Stairs to Attic

Kitchen

  • Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • 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
  • Termite Clearance

Parking

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

  • The Towne Subdivision
  • Mandatory Home Owners Association

Recreation

  • Community Pool

Security

  • Building Fire Alarm
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Year Built

Built in 2021 | Under Construction

Lot Details

4,574 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: Town House
  • Cross Street: COLLIERVILLE ROAD
  • MAAR Subdivision Name: THE TOWNE
  • List Price Per Sq Ft: 194
  • Number Of Stories: 1
  • Prop Construction Status: Under Construction
  • Estimated Sq Ft: 2012
  • Termite Contract: Yes
  • Year Built: 2021
  • Special Features: NewHome
  • Property Sub Type: Townhouses
  • Stories: 1

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 1 1/2 Bath, Laundry Room
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: Primary Down, Luxury Primary Bath, Separate Tub & Shower, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 2000-2199
  • Bedroom 2 Description: Level 2, Walk-In Closet, Smooth Ceiling, Carpet
  • Bedroom 3 Description: Level 2, Smooth Ceiling, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 1
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Self Cleaning Oven, Gas Cooking, Disposal, Dishwasher, Microwave, Cable Available
  • Living Dining Kitchen: Separate Dining Room, Great Room, Pantry, Island In Kitchen
  • Misc Interior: Walk-In Closet(s), Pull Down Attic Stairs, Security System, Smoke Detector(s), Vent Hood/Exhaust Fan
  • Other Rooms: Laundry Room, Entry Hall, Loft/Balcony, Attic, Storage Room
  • 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, Carpet

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler, Well Landscaped Grounds, Sidewalks
  • Exterior Windows: Brick Veneer, Double Pane Window(s)
  • Foundation: Slab
  • Pool Description: Neighborhood
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Garage Door Opener(s), Back-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central, Electric, Electric Heat Pump
  • Security: Burglar Alarm, Fire Alarm, Smoke Detector(s), Dead Bolt Lock(s)
  • Water Sewer: Electric Water Heater, Public Water, Public Sewer

Association/Amenities

  • Neighborhood Amenities: Pool
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Level, Professionally Landscaped, Wood Fenced
  • Lot Number: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2022
Closed on
Jan 27, 2022
Sold by
Eagle Builders Tn Llc
Bought by
Freyre Matthew Ernesto
Seller's Agent
Hank Hogue
Crye-Leike, Inc., REALTORS
Buyer's Agent
Max Rubenstein
Marx-Bensdorf, REALTORS
List Price
$390,000
Sold Price
$400,070
Premium/Discount to List
$10,070
2.58%
Current Estimated Value
$466,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,813
Avg. Annual Appreciation
3.73%
Original Mortgage
$280,049
Outstanding Balance
$259,730
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$207,153
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Freyre Matthew Ernesto $400,700 Realty Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Freyre Matthew Ernesto $280,049
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2022 01/27/22 Sold $400,070 +2.6% $200 / Sq Ft
01/14/2022 01/14/22 Pending -- -- --
01/14/2022 01/14/22 For Sale $390,000 -- $195 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $3,348 $127,050 $21,375 $105,675
2024 $3,348 $98,775 $21,375 $77,400
2023 $5,166 $98,775 $21,375 $77,400
2022 $767 $15,000 $15,000 $0
2021 $1,283 $21,375 $21,375 $0
Source: Public Records

Agents Affiliated with this Home

  • Hank Hogue

    Seller's Agent in 2022

    Hank Hogue

    Crye-Leike

    (901) 870-3020

    42 in this area

    67 Total Sales

    Hank Hogue
    Section Image
  • Christie Jones

    Seller Co-Listing Agent in 2022

    Christie Jones

    Crye-Leike

    (901) 461-6150

    33 in this area

    36 Total Sales

    Christie Jones
    Section Image
  • Max Rubenstein

    Buyer's Agent in 2022

    Max Rubenstein

    Marx-Bensdorf, REALTORS

    (901) 826-8351

    15 in this area

    91 Total Sales

    Max Rubenstein
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10115722

Memphis Area Association of REALTORS®

APN: C0-244D-C0-0004

Tennessee Shelby County Collierville 38017

515 Armel Dr, Collierville, TN

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