$686,028 - $781,000
RENTED JUL 1, 2025

940 Cypress Vine Cove Collierville, TN 38017

4 Beds
3 Baths
4,000-4,199 Sq Ft
$170 Price per Sq Ft

Last Sold December 17, 2021

Last sale price $680,968 $162 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,284/month

Highlights

  • Main Floor Primary Bedroom
  • 1 Fireplace
  • Laundry Room
  • Sycamore Elementary School Rated A
  • Walk-In Closet

About This Home

As of July 2025

Enjoy better-than-luxury living in prestigous The Cove at Cypress Grove. This Magnolia Home property was built in 2021 and outfitted with some brilliant selections an updgrades. Room measurements approximate. One year lease. Available immediately.

Last Agent to Rent the Property

Terri Porter

The Porter Group License #263573 Listed on: 06/05/2025

Last Renter's Agent

Terri Porter

The Porter Group License #263573 Listed on: 06/05/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,721

Year Built

  • Built in 2021

Lot Details

  • Lot Dimensions are 57.16 x 150

Parking

  • 2 Parking Spaces

Interior Spaces

  • 4,000-4,199 Sq Ft Home
  • 1.5-Story Property
  • 1 Fireplace
  • Gas Cooktop
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms

Community Details

  • Oak Grove Subdivision
  • Mandatory Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,721

Year Built

Built in 2021

Lot Details

0

Listing Details

  • Class: Rental Properties
  • Type: Rental
  • Style Code Use: General Residential
  • Cross Street: Cypress run
  • MLS Map #: 875B
  • MAAR Subdivision Name: Cypress Grove
  • Freestanding: Yes
  • Number Of Stories: 1.5
  • Year Built: 2021
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: Primary Down
  • Estimated Heated Sq Ft Range: 4000-4199
  • Bedrooms: 4
  • Bedrooms Down: 2
  • Full Bathrooms: 3
  • Equipment: Gas Cooking, Refrigerator
  • Misc Interior: Walk-In Closet(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room
  • Total Bathrooms: 3

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: G2A

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Size: 57.16 X 150
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2021
Closed on
Dec 5, 2021
Sold by
Magnolia Homes Inc
Bought by
Rowlett Jason
Seller's Agent
Lorna Skelton
Crews Realty, LLC
Buyer's Agent
Michael Green
John Green & Co., REALTORS
List Price
$634,964
Sold Price
$680,968
Premium/Discount to List
$46,004
7.25%
Current Estimated Value
$715,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,289
Avg. Annual Appreciation
1.30%
Original Mortgage
$605,700
Outstanding Balance
$557,085
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$158,172

Purchase Details

Closed on
Mar 24, 2021
Sold by
Crews Corp
Bought by
Magnolia Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,766
Interest Rate
2.73%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rowlett Jason $680,968 Memphis Title Co
Magnolia Homes Inc $95,000 Memphis Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rowlett Jason $605,700
Previous Owner Magnolia Homes Inc $398,766
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/01/2025 07/01/25 Rented $4,150 0.0% --
06/13/2025 06/13/25 Under Contract -- -- --
06/05/2025 06/05/25 For Rent $4,150 0.0% --
12/17/2021 12/17/21 Sold $680,968 0.0% $189 / Sq Ft View Prior Sale
11/12/2021 11/12/21 Price Changed $680,968 +2.6% $189 / Sq Ft
11/10/2021 11/10/21 Price Changed $663,896 +4.6% $184 / Sq Ft
09/07/2021 09/07/21 Pending -- -- --
08/04/2021 08/04/21 For Sale $634,964 -- $176 / 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 $5,721 $181,725 $33,750 $147,975
2024 $5,721 $168,750 $26,325 $142,425
2023 $8,826 $168,750 $26,325 $142,425
2022 $8,623 $168,750 $26,325 $142,425
2021 $1,580 $26,325 $26,325 $0
2020 $866 $21,375 $21,375 $0
Source: Public Records

Agents Affiliated with this Home

  • Terri Porter

    Landlord's Agent in 2025

    Terri Porter

    The Porter Group

    (901) 870-0927

    48 in this area

    160 Total Sales

    Terri Porter
    Section Image

  • L

    Seller's Agent in 2021

    Lorna Skelton

    Crews Realty, LLC

    Section Image

  • R

    Seller Co-Listing Agent in 2021

    Ryan Arthur

    Oak Grove Realty, LLC

    Section Image
  • Michael Green

    Buyer's Agent in 2021

    Michael Green

    John Green & Co., REALTORS

    (901) 412-3008

    90 in this area

    119 Total Sales

    Michael Green
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10198230

Memphis Area Association of REALTORS®

APN: C0-258Z-E0-0039

Tennessee Shelby County Collierville 38017

940 Cypress Vine Cove, Collierville, TN

This home is located at 940 Cypress Vine Cove, Collierville, TN 38017 since 05 June 2025 and is currently priced at $715,257. This property was built in 2021. 940 Cypress Vine Cove is a home located in Shelby County with nearby schools including Sycamore Elementary School, Collierville Middle School, and Collierville High School.

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