NOT LISTED FOR SALE

851 McFerrin Ln Collierville, TN 38017

Estimated Value: $443,000 - $467,000

3 Beds
2.5 Baths
2,600-2,799 Sq Ft
$164/Sq Ft Est. Value

Last Sold October 14, 2020

Last sale price $362,500 $130 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,785/month

16 Days on Market

Highlights

  • Updated Kitchen
  • Landscaped Professionally
  • Wood Flooring
  • Schilling Farms Elementary School Rated A
  • Vaulted Ceiling
  • Main Floor Primary Bedroom

About This Home

As of October 2020

The Best of the Best! Sought-after Schilling Farms esquisite home! Enter this stunning home w/ the open-floor plan with gleaming hardwood floors! Large downstairs master suite with walk-in closet with built-ins. Designer light fixtures throughout! Beautifully crafted built-ins in the Great Room with a fireplace! A chef's dream spacious kitchen and large breakfast bar. 3/4 bedrooms spacious bedrooms upstairs with tons of closets and storage! Expandable Floored Walk-in Attic-Green space in back!

Last Agent to Sell the Property

Kathryn Anne Matheny

Crye-Leike, Inc., REALTORS License #314647 Listed on: 08/30/2020

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Kathryn Anne Matheny

Crye-Leike, Inc., REALTORS License #314647 Listed on: 08/30/2020

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,975

Year Built

  • Built in 2003

Lot Details

  • 3,485 Sq Ft Lot
  • Wrought Iron Fence
  • Landscaped Professionally
  • Level Lot
  • Few Trees

Home Design

  • Williamsburg Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,600-2,799 Sq Ft Home
  • 2,629 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Some Wood Windows
  • Entrance Foyer
  • Great Room
  • Combination Dining and Living Room
  • Breakfast Room
  • Den with Fireplace
  • Bonus Room
  • Play Room
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Double Self-Cleaning Oven
  • Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Double Vanity
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

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

Outdoor Features

  • Covered patio or porch

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number C0244J B00009

Community Details

Overview

  • Schilling Farms Ph17 Subdivision
  • Mandatory Home Owners Association

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,975

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Williamsburg
  • Detached Unit Type: General Residential
  • MLS Map #: 875A
  • MAAR Subdivision Name: SCHILLING FARMS PH17
  • List Price Per Sq Ft: 143
  • Number Of Stories: 2
  • Price Per Sq Ft: 137.89
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2629
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Master Bedroom, 1/2 Bath, 1 Bath, Laundry Room, Breakfast Room
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, 4th or More Bedrooms, 1 Bath, Play Room/Rec Room, Bonus Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Master Down, Vaulted/Coffered Master, Luxury Master Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 2600-2799
  • Bedroom 2 Description: Level 2, Walk-In Closet, Shared Bath, Vaulted/Coffered Ceilings, Smooth Ceiling, Carpet
  • Bedroom 3 Description: Level 1, Walk-In Closet, Shared Bath, Smooth Ceiling, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 1
  • Fireplace: Masonry, In Den/Great Room, Gas Starter, Gas Logs
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Self Cleaning Oven, Double Oven, Cooktop, Disposal, Dishwasher, Cable Available
  • Living Dining Kitchen: Separate Dining Room, Great Room, LR/DR Combination, Updated/Renovated Kitchen, Breakfast Bar, Separate Breakfast Room, Washer/Dryer Connections
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Dressing Area, Vaulted/Coffered Ceiling, Smooth Ceiling, Tile Floor
  • Master Bedroom: Level 1, Walk-In Closet, Full Bath, Smooth Ceiling, Hardwood Floor
  • Master Bedroom Dimensions: 18x12
  • Misc Interior: Walk-In Closet(s), Attic Access, Walk-In Attic, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Play Room, Bonus Room, Entry Hall, Attic
  • Total Bathrooms: 2.1

Exterior Features

  • Misc Exterior: Porch, Covered Patio, Well Landscaped Grounds, Sidewalks
  • Exterior Windows: Brick Veneer, Wood/Composition
  • 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
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Association/Amenities

  • Neighborhood Amenities: Pool
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Level, Professionally Landscaped, Iron Fenced
  • Lot Number: 38
  • Acreage: 0.08
  • Lot Size: 3795 SF 34 X 110
  • Price Per Acre: 4687500

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: C0244J B00009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2020
Closed on
Oct 14, 2020
Sold by
Howell Kelly Truett and Taylor Kelly Truett
Bought by
Gunn Hill Ericka Lee
Seller's Agent
Kathryn Anne Matheny
Crye-Leike, Inc., REALTORS
Buyer's Agent
Kathryn Anne Matheny
Crye-Leike, Inc., REALTORS
List Price
$375,000
Sold Price
$362,500
Premium/Discount to List
-$12,500
-3.33%
Total Days on Market
16
Current Estimated Value
$459,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,833
Avg. Annual Appreciation
5.32%
Original Mortgage
$326,250
Outstanding Balance
$292,793
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$172,339

Purchase Details

Listed on
Sep 9, 2016
Closed on
Oct 7, 2016
Sold by
Cordell Jennifer Cox and Cox Michael Timothy
Bought by
Howell Kelly Truett
Seller's Agent
Mary Lynn Nicholson
BHHS McLemore & Co. Realty
Buyer's Agent
Kathryn Anne Matheny
Crye-Leike, Inc., REALTORS
List Price
$290,000
Sold Price
$272,000
Premium/Discount to List
-$18,000
-6.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.41%
Original Mortgage
$278,000
Interest Rate
3.44%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 27, 2015
Sold by
Cox Betty
Bought by
Cox Betty and Cox Cordell Jennifer

Purchase Details

Closed on
Jun 24, 2003
Sold by
Chamberlain & Mccreery Inc
Bought by
Cox Paul L and Cox Betty

Purchase Details

Closed on
Mar 18, 2003
Sold by
Bailey Station Partnership
Bought by
Chamberlain & Mccreery Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
5.86%
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
Gunn Hill Ericka Lee $362,500 None Available
Howell Kelly Truett $272,000 None Available
Cox Betty -- None Available
Cox Paul L $246,195 --
Chamberlain & Mccreery Inc $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gunn Hill Ericka Lee $326,250
Previous Owner Howell Kelly Truett $278,000
Previous Owner Cox Paul L $50,000
Previous Owner Cox Paul L $25,000
Previous Owner Chamberlain & Mccreery Inc $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2020 10/14/20 Sold $362,500 -3.3% $139 / Sq Ft
08/30/2020 08/30/20 For Sale $375,000 +37.9% $144 / Sq Ft
10/07/2016 10/07/16 Sold $272,000 -6.2% $113 / Sq Ft
09/25/2016 09/25/16 Pending -- -- --
09/09/2016 09/09/16 For Sale $290,000 -- $121 / 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 $2,975 $118,175 $25,000 $93,175
2024 $2,975 $87,750 $13,850 $73,900
2023 $4,589 $87,750 $13,850 $73,900
2022 $4,484 $87,750 $13,850 $73,900
2021 $5,265 $87,750 $13,850 $73,900
2020 $4,578 $77,850 $13,850 $64,000
2019 $3,153 $77,850 $13,850 $64,000
2018 $3,153 $77,850 $13,850 $64,000
2017 $4,469 $77,850 $13,850 $64,000
2016 $2,922 $66,875 $0 $0
2014 $2,922 $66,875 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10083904

Memphis Area Association of REALTORS®

APN: C0-244J-B0-0009