NOT LISTED FOR SALE

616 Heather Lake Cove Collierville, TN 38017

Estimated Value: $415,516 - $426,000

4 Beds
2.5 Baths
2,400-2,599 Sq Ft
$162/Sq Ft Est. Value

Last Sold September 16, 2020

Last sale price $340,000 $131 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,432/month

Highlights

  • In Ground Pool
  • Traditional Architecture
  • Whirlpool Bathtub
  • Tara Oaks Elementary School Rated A
  • Wood Flooring
  • 1 Fireplace

About This Home

As of September 2020

This home is located at 616 Heather Lake Cove, Collierville, TN 38017 since 19 August 2020 and is currently estimated at $421,379, approximately $175 per square foot. This property was built in 1994. 616 Heather Lake Cove is a home located in Shelby County with nearby schools including Tara Oaks Elementary School, Collierville Middle School, and Collierville High School.

Last Agent to Sell the Property

NON-MLS NON-BOARD AGENT

NON-MLS OR NON-BOARD OFFICE Listed on: 08/19/2020

Last Buyer's Agent

Melissa Burleigh

KAIZEN Realty, LLC License #345043

KAIZEN Realty, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1994

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 95x125
  • Landscaped
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,400-2,599 Sq Ft Home
  • 2,517 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Some Wood Windows
  • Aluminum Window Frames
  • Separate Formal Living Room
  • Dining Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • All Upper Level Bedrooms
  • Primary Bathroom is a Full Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Garage Door Opener

Pool

  • In Ground Pool
  • Pool Equipment or Cover

Outdoor Features

  • Cove

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Tara Oaks Ph 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number C0234E G00048

Home Details

Home Type

Single Family

Year Built

Built in 1994

Lot Details

0.27 Acres

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: TARA OAKS PH2
  • List Price Per Sq Ft: 137
  • Number Of Stories: 2
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2517
  • Year Built: 1994
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Up, Primary Up, Whirlpool(s), Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 2400-2599
  • Bedroom 2 Description: Level 2
  • Bedroom 3 Description: Level 2
  • Bedroom 4 Description: Level 2
  • Bedrooms: 4
  • Floors/Ceilings: Part Hardwood, Part Carpet
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Disposal, Dishwasher, Microwave, Refrigerator
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Eat-In Kitchen, Island In Kitchen
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room
  • P R I M A R Y B E D R O O M: Full Bath, Level 2

Exterior Features

  • Misc Exterior: Pool Cleaning Equipment
  • Exterior Windows: Wood/Composition, Aluminum/Steel Siding
  • Pool Description: In Ground

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Garage Door Opener(s), Front-Load Garage

Utilities

  • Cooling: Ceiling Fan(s), Central
  • Heating: Central, Gas

Lot Info

  • Lot Description: Some Trees, Level, Cove, Landscaped
  • Lot Number: 128
  • Acreage: 0.27
  • Lot Size: 95X125

Tax Info

  • Assessor Parcel Number: C0234E G00048

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2020
Closed on
Sep 16, 2020
Sold by
Brown Ricahrd A and Brown Suzanne J
Bought by
Mcgrath Theodore James and Mcgrath Raquel Susana
Seller's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
Buyer's Agent
Melissa Burleigh
KAIZEN Realty, LLC
List Price
$344,900
Sold Price
$340,000
Premium/Discount to List
-$4,900
-1.42%
Current Estimated Value
$421,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,379
Avg. Annual Appreciation
3.98%
Original Mortgage
$170,000
Outstanding Balance
$119,295
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$302,084

Purchase Details

Closed on
Jul 14, 2006
Sold by
Sullivan James B and Sullivan Susan M
Bought by
Brown Richard A and Brown Suzanne J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
6.54%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 22, 1997
Sold by
Porter Leonard D and Porter Michele S
Bought by
Sullivan James B and Sullivan Susan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,640
Interest Rate
7.5%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mcgrath Theodore James $340,000 None Available
Brown Richard A $245,000 Realty Title & Escrow Co Inc
Sullivan James B $182,000 Mid South Title
Sullivan James B $182,000 Mid South Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgrath Theodore James $170,000
Previous Owner Brown Richard A $196,000
Previous Owner Sullivan James B $185,640
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2020 09/16/20 Sold $340,000 -1.4% $142 / Sq Ft
08/19/2020 08/19/20 For Sale $344,900 -- $144 / 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 $2,879 $101,475 $12,050 $89,425
2024 $2,879 $84,925 $12,050 $72,875
2023 $4,442 $84,925 $12,050 $72,875
2022 $4,340 $84,925 $12,050 $72,875
2021 $2,930 $84,925 $12,050 $72,875
2020 $3,938 $66,975 $12,050 $54,925
2019 $2,712 $66,975 $12,050 $54,925
2018 $2,712 $66,975 $12,050 $54,925
2017 $3,844 $66,975 $12,050 $54,925
2016 $2,479 $56,725 $0 $0
2014 $2,479 $56,725 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10085175

Memphis Area Association of REALTORS®

APN: C0-234E-G0-0048

Your Personal Tour Guide

Ask me questions while you tour the home.