NOT LISTED FOR SALE

885 Lancelot Ln Collierville, TN 38017

Estimated Value: $393,457 - $427,000

3 Beds
2 Baths
2,200-2,399 Sq Ft
$170/Sq Ft Est. Value

Last Sold February 08, 2017

Last sale price $260,000 $108 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,529/month

Highlights

  • Community Lake
  • Deck
  • Traditional Architecture
  • Tara Oaks Elementary School Rated A
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of February 2017

Beautiful 3BR, 2BA, brick home in the sought after WoodLake neighborhood in Collierville! Split floor plan on one level. Large covered deck with partial view of private lake that is part of the neighborhood park including a playground and large gazebo. Renovated bathrooms. Very well maintained home and move in ready! Tara Oaks Elem, Collierville Middle, Collierville High schools!

Last Agent to Sell the Property

Melissa Reed

BHHS McLemore & Co. Realty License #329402 Listed on: 01/19/2017

BHHS McLemore & Co. Realty

Last Buyer's Agent

Vincent Nutt

Nutt Realty Company License #228938

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1994

Lot Details

  • 0.32 Acre Lot
  • Landscaped
  • Level Lot
  • Few Trees

HOA Fees

  • $25 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,200-2,399 Sq Ft Home
  • 2,248 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Some Wood Windows
  • Window Treatments
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Home Security

  • Burglar Security System
  • Termite Clearance

Parking

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

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Woodlake Estates Pud Ph 2 Subdivision
  • Mandatory home owners association
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number C0245X B00049

Home Details

Home Type

Single Family

Year Built

Built in 1994

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 873E
  • MAAR Subdivision Name: WOODLAKE ESTATES PH2
  • List Price Per Sq Ft: 118
  • Number Of Stories: 1
  • Price Per Sq Ft: 115.66
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2248
  • Termite Contract: Yes
  • Year Built: 1994
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Laundry Room, Breakfast Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down, Primary Down, Vaulted/Coffered Primary, Split Bedroom Plan, Renovated Bathroom, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Full Bath Down
  • Estimated Heated Sq Ft Range: 2200-2399
  • Bedroom 2 Description: Level 1, Shared Bath, Carpet
  • Bedroom 3 Description: Level 1, Shared Bath, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Ventless Gas Fireplace, In Living Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Cooktop, Disposal, Dishwasher, Microwave
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Breakfast Bar, Pantry
  • Misc Interior: All Window Treatments, Pull Down Attic Stairs
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room
  • Total Bathrooms: 2
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, 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, Carpet

Exterior Features

  • Misc Exterior: Covered Patio, Deck, Sidewalks
  • Exterior Windows: Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2
  • Parking Storage: Driveway/Pad, Garage Door Opener(s), Front-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central, Gas
  • Security: Burglar Alarm
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Association/Amenities

  • Annual Association Fee: 300
  • Neighborhood Amenities: Lake
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Level, Landscaped
  • Lot Number: 98
  • Acreage: 0.32
  • Lot Size: 14131SF 90X161.3IRR
  • Price Per Acre: 828125

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: C0245X B00049

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2017
Closed on
Feb 8, 2017
Sold by
Cully James H and Cully Jo Ann
Bought by
Nutt Alice Jean and Farmer Glenda N
Seller's Agent
Melissa Reed
BHHS McLemore & Co. Realty
Buyer's Agent
Vincent Nutt
Nutt Realty Company
List Price
$265,000
Sold Price
$260,000
Premium/Discount to List
-$5,000
-1.89%
Current Estimated Value
$408,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,614
Avg. Annual Appreciation
5.33%

Purchase Details

Closed on
Jan 16, 1998
Sold by
Sorrell Tracy Edward and Sorrell Nancy G
Bought by
Cully James J and Cully Jo Ann
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 Buyer Sale Price Title Company
Nutt Alice Jean $260,000 Edco Title & Closing Svcs In
Cully James J $163,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/08/2017 02/08/17 Sold $260,000 -1.9% $118 / Sq Ft
01/27/2017 01/27/17 Pending -- -- --
01/19/2017 01/19/17 For Sale $265,000 -- $120 / 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 -- $98,750 $14,025 $84,725
2024 -- $78,925 $14,025 $64,900
2023 $4,128 $78,925 $14,025 $64,900
2022 $4,033 $78,925 $14,025 $64,900
2021 $4,080 $78,925 $14,025 $64,900
2020 $3,710 $63,100 $14,025 $49,075
2019 $2,556 $63,100 $14,025 $49,075
2018 $2,556 $63,100 $14,025 $49,075
2017 $2,593 $63,100 $14,025 $49,075
2016 $2,283 $52,250 $0 $0
2014 $2,283 $52,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Melissa Reed

    Seller's Agent in 2017

    Melissa Reed

    BHHS McLemore & Co. Realty

    (901) 212-3234

    44 in this area

    127 Total Sales

    Melissa Reed
    Section Image

  • V

    Buyer's Agent in 2017

    Vincent Nutt

    Nutt Realty Company

    (901) 336-6888

    12 Total Sales

    Vincent Nutt
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9993902

Memphis Area Association of REALTORS®

APN: C0-245X-B0-0049

Tennessee Shelby County Collierville 38017

885 Lancelot Ln, Collierville, TN

This home is located at 885 Lancelot Ln, Collierville, TN 38017 since 19 January 2017 and is currently estimated at $408,614, approximately $170 per square foot. This property was built in 1994. 885 Lancelot Ln is a home located in Shelby County with nearby schools including Tara Oaks Elementary School, Collierville Middle School, and Collierville High School.

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