$272,000
SOLD OCT 7, 2016

851 McFerrin Ln Collierville, TN 38017

4 Beds
2.5 Baths
2,400-2,599 Sq Ft
3,485 Sq Ft Lot

Recently Sold

$105 Per Sq Ft

6% Below List Price

Highlights

  • Updated Kitchen
  • Clubhouse
  • Wood Flooring
  • Schilling Farms Elementary School Rated A
  • Traditional Architecture
  • Main Floor Primary Bedroom

About This Home

As of October 2020

Stately brick home in exclusive subdivision is move in ready! Filled w/ exquisite features-soaring ceilings, gleaming hdwoods, updated lighting, open flr plan, plantation shutters, new paint throughout, iron railings, plus detailed millwork! Beautiful kitchen, dining rm & great room w/ fp & blt ins, lux master suite, 2 more BRs up & a lg bonus that could be a 4th bedroom! One BR w/ alcove for sitting area or office! HUGE expandable area! Fridge stays! N'hood pool & clubhouse! Priced to sell!

Last Agent to Sell the Property

Mary Lynn Nicholson

BHHS McLemore & Co. Realty License #297705 Listed on: 09/09/2016

BHHS McLemore & Co. Realty

Last Buyer's Agent

Kathryn Anne Matheny

Crye-Leike, Inc., REALTORS License #314647

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,975

Year Built

  • Built in 2002

Lot Details

  • 3,485 Sq Ft Lot
  • Landscaped
  • Zero Lot Line

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,400-2,599 Sq Ft Home
  • 2,400 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Popcorn or blown ceiling
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Log Fireplace
  • Some Wood Windows
  • Double Pane Windows
  • Entrance Foyer
  • Great Room
  • Dining Room
  • Den with Fireplace
  • Bonus Room

Kitchen

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

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Attic

  • Attic Fan
  • Pull Down Stairs to Attic

Home Security

  • Burglar Security System
  • Fire and Smoke Detector
  • Termite Clearance

Parking

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

Outdoor Features

  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number C0244J B00009

Community Details

Overview

  • Schilling Farms Pd Area 10 Ph 17B Subdivision
  • Mandatory Home Owners Association
  • Planned Unit Development

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,975

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 875A
  • MAAR Subdivision Name: SCHILLING FARMS PH17
  • List Price Per Sq Ft: 121
  • Number Of Stories: 2
  • Price Per Sq Ft: 113.33
  • Prop Construction Status: Existing Property
  • Planned Unit Development: Yes
  • Estimated Sq Ft: 2400
  • Termite Contract: Yes
  • Year Built: 2002
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 1/2 Bath, 1 Bath, Laundry Room
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, Bonus Room
  • Additional Bedroom Bathroom Info: Primary Down, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 2400-2599
  • Bedroom 2 Description: Level 2, Carpet
  • Bedroom 3 Description: Level 2, Carpet
  • Bedrooms: 4
  • Bedrooms Down: 1
  • Fireplace: Ventless Gas Fireplace, In Den/Great Room, Gas Logs
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, Textured Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Self Cleaning Oven, Double Oven, Cooktop, Disposal, Dishwasher, Microwave, Cable Available
  • Living Dining Kitchen: Separate Dining Room, Great Room, Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar, Washer/Dryer Connections
  • Misc Interior: Walk-In Closet(s), Pull Down Attic Stairs, Cat/Dog Free House, Security System, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Bonus Room, Entry Hall, Attic
  • Total Bathrooms: 2.1
  • 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: Porch, Well Landscaped Grounds, Sidewalks
  • Exterior Windows: Brick Veneer, Wood Window(s), 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, Attic Fan, Ceiling Fan(s), Dual System, 220 Wiring
  • Heating: Central, Electric, Dual System
  • Security: Burglar Alarm, Smoke Detector(s)
  • Water Sewer: Electric Water Heater, Public Water, Public Sewer

Association/Amenities

  • Neighborhood Amenities: Club House, Pool
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Landscaped
  • Lot Number: 38
  • Acreage: 0.08
  • Lot Size: 3795 SF 34 X 110
  • Price Per Acre: 3625000
  • Zero Lot Line: Yes

Multi Family

  • Number Of Rooms: 6

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%
Current Estimated Value
$457,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,722
Avg. Annual Appreciation
5.20%
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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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 Type Sale Price Title Company
Warranty Deed $362,500 None Available
Warranty Deed $272,000 None Available
Interfamily Deed Transfer -- None Available
Corporate Deed $246,195 --
Warranty Deed $170,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $326,250 New Conventional
Previous Owner $278,000 Commercial
Previous Owner $50,000 Credit Line Revolving
Previous Owner $25,000 Credit Line Revolving
Previous Owner $800,000 No Value Available
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: 9986047

Memphis Area Association of REALTORS®

APN: C0-244J-B0-0009