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503 Lambs Brook Lane

503 Lambs Brook Lane, Collierville, TN 38017
House in Shelby
503 Lambs Brook Lane in Collierville, TN was first built in 2017 and is 9 years old. This has been categorized as a property type. For those interested in architecture, the building on the property was built in a . There are a total of 200 floors. There are a total of 13 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 5 partial bathrooms. 503 Lambs Brook Lane has 4,745 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 16,203 square feet.

Learn more about the property and building on this page. There is a . For those who need parking, there is a . The garage is 851 sqft. There are a total of 3 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of . The condition of the building has been evaluated as . The exterior walls of the home are made of . Walk into the home itself and you'll find that it is currently being cooled with . As for heating, the home is utilizing . There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 503 Lambs Brook Lane was last sold in Sep 25, 2023 for $1,180,000. According to our calculations, that's $210.86 per sqft. Prior to that sales transaction, the property was sold for $882,301 in Jan 31, 2018. Current property owners are expected to pay $1,266,575 in taxes per year. The property on 503 Lambs Brook Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $242,175. To break that down further, the land itself was valued at $55,050. While improvements to the property were assessed at a total of $187,125. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20230825
08/25/2023
5 Bed
4.5 Bath
-
$1,288,000
bedrooms
5 Bed
bathrooms
4.5 Bath
-
-
Abbey Garner Miesse
Oak Grove Realty, LLC


Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Total Rooms: 13
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 18
  • Building Condition: 6
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 3
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 851
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,203
  • Total Building Area: 5,596
  • Gross Building Area: 5,596
  • Building Area: 4,745
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 4,745
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SHEPHERDS CREEK PD PHASE 2
  • Land Acres: 0000000372
  • Standard Land Use Code: 1009
  • County Land Use Code: 052
  • Legal Description 1: WS LAMBS BROOK LN SEE MAP 176N

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 021530

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: MB 271-006
  • District: C
  • Parcel: C0-232A-B0-0022
  • Lot: 48
  • Municipality: COLLIERVILLE
  • Latitude: 35.0615
  • Longitude: -89.7172

    Address

  • Full Address: 503 Lambs Brook Ln
  • Address - House Number: 503
  • Address - Street Name: Lambs Brook
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Collierville
  • Carrier Code: R005
  • 4-Digit Zip Code: 2263
  • Zip Code: 38017

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,266,575

    Appraisal Valuation

  • Standard Deviation: 0.2249
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 68
  • Final Value: 1,002,641
  • High Value: 1,228,187
  • Low Value: 777,095

    Market Valuation

  • Market Total Value: $968,700
  • Market Land Value: $220,200
  • Market Improvement Value: $748,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $242,175
  • Assessed Land Value: $55,050
  • Assessed Improvements Value: $187,125

    Sales

  • Current Sale Contract Date: Sep 25, 2023
  • Current Sale Recording Date: Oct 04, 2023
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 84071
  • Previous Sale Recording Date: Feb 05, 2018
  • Previous Sale Contract Date: Jan 31, 2018
  • Previous Sale Amount: $882,301
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Collierville



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Frequently Asked Questions

What neighborhood is 503 Lambs Brook Lane located in?
The 503 Lambs Brook Lane is a house located in the neighborhood of Shelby in Collierville, Collierville.
What is the average sales price for listings in 503 Lambs Brook Lane?
The average sales price for units in 503 Lambs Brook Lane is $0 currently.