by Lee Lin
For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Collierville 38017
591 FORT SUMPTER LN
Photo of 591 FORT SUMPTER LN
Sold on Jul 29, 2021

25

Map

Photo of 591 FORT SUMPTER LN
Photo of 591 FORT SUMPTER LN
$555,000
● House - Off Market

591 FORT SUMPTER LN

Collierville, TN 38017
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
$600,883
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

This is the one you've been waiting for! Located in an idyllic neighborhood, less than 5 minutes from schools, shopping, restaurants, parks, and the grocery! This beautifully updated home boasts a rare 3 bedrooms down. Top to bottom, inside and out, the sellers have improved upon almost every inch of this space (see Documents section for full list of improvements). Massive backyard featuring a good size patio, huge pool, and plenty of green space. Incredible storage.
Unit Size
-
Days on Market
-
Land Size
0.41 acres
Price per sqft
-
Property Type
House
Property Taxes
$473
HOA Dues
-
Year Built
1996

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 months ago (Realtracs #RTC3504045)

Price History

Date / Event Date Event Price
Jul 29, 2021 Sold
Premium
Sold
Apr 9, 2021 Listed by Crye-Leike Realtors $519,900
Listed by Crye-Leike Realtors

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 3
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 175
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: 12
  • Porch Type: 102
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 17,570
  • Lot Size Depth Feet: 1,640
  • Lot Size Frontage Feet: 1,170
  • Total Building Area: 5,283
  • Gross Building Area: 5,283
  • Building Area: 4,821
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 4,821
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROSEWOOD PLANTATION
  • Land Acres: 0000000403
  • Standard Land Use Code: 1001
  • County Land Use Code: 062
  • Legal Description 1: SS FORT SUMPTER LN

Neighborhood

  • School District Name: Collierville School District
  • Census Tract: 021611

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: MB 153-13
  • District: C
  • Parcel: C0-244W-G0-0092
  • Lot: 92
  • Municipality: COLLIERVILLE
  • Latitude: 35.0596
  • Longitude: -89.6817

    Address

  • Full Address: 591 Fort Sumpter Ln
  • Address - House Number: 591
  • Address - Street Name: Fort Sumpter
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Collierville
  • Carrier Code: C007
  • 4-Digit Zip Code: 1778
  • Zip Code: 38017

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $650,220

    Appraisal Valuation

  • Standard Deviation: 0.2281
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 68
  • Final Value: 636,565
  • High Value: 781,796
  • Low Value: 491,335

    Market Valuation

  • Market Total Value: $497,300
  • Market Land Value: $71,900
  • Market Improvement Value: $425,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $124,325
  • Assessed Land Value: $17,975
  • Assessed Improvements Value: $106,350

    Sales

  • Current Sale Contract Date: Jul 29, 2021
  • Current Sale Recording Date: Aug 06, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 21097501
  • Previous Sale Recording Date: Aug 20, 2019
  • Previous Sale Contract Date: Aug 19, 2019
  • Previous Sale Amount: $415,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Collierville

Stats & Trends

Median Asking:

$569,900

Sale Price/ft²

$168

Below Asking

0.02%

Average Days on Market

81

Average Home Size

3044 ft²

Average Home Age

14.4 years

Currently For Sale

8 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
Realtracs

Listed by: Katy McAlexander, Crye-Leike Realtors
Last Updated: 3 months ago
Data Source: Realtracs, MLS# RTC3504045
All information should be verified by the recipient and none is guaranteed as accurate by Realtracs.
Brokerage email: [email protected]

Frequently Asked Questions

When was property at 591 Ft Sumpter Lane built and last sold?
The property at 591 Ft Sumpter Lane was built in 1996 and last sold on Jul 29, 2021 for $555,000.
How much is this home worth?
The estimated value of the home located at 591 Ft Sumpter Lane is $525,099.
What are some comparable homes to 591 Ft Sumpter Lane?
There are currently no comparable homes to 591 Ft Sumpter Lane.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Shelby Homes for Sale
Shelby Houses for Sale
Shelby Condos for Sale
Shelby Townhouses for Sale
Shelby Multifamily for Sale
Shelby Land for Sale
Shelby Commercial for Sale
Shelby Homes with Basements
Nearby Cities
Memphis Homes for Sale
Collierville Homes for Sale
Southaven Homes for Sale
Bartlett Homes for Sale
Olive Branch Homes for Sale
Germantown Homes for Sale
Hernando Homes for Sale
Oakland Homes for Sale
Nearby Property Records
Shelby County, TN Property Records
DeSoto County, MS Property Records
Fayette County, TN Property Records
Tipton County, TN Property Records
Crittenden County, AR Property Records
Marshall County, MS Property Records
Tate County, MS Property Records
Lauderdale County, TN Property Records
Neighborhoods
Alliance of Cordova Neighborhoods Real Estate
Gray's Creek Real Estate
Colonial Acres Real Estate
Springhill Community Civic Club Real Estate
Sea Isle Park Real Estate
Binghampton-Lester Real Estate
Countrywood Real Estate
Concerned Citizens of Walnut Grove Real Estate
Nearby Counties
DeSoto Homes for Sale
Tipton Homes for Sale
Fayette Homes for Sale
Crittenden Homes for Sale
Mississippi Homes for Sale
Marshall Homes for Sale
Poinsett Homes for Sale
Tate Homes for Sale
Top Real Estate Agents
Top Agents in Shelby
Top Agents in Memphis
Top Agents in DeSoto
Top Agents in 38654
Top Agents in 38017
Top Agents in Collierville
Top Agents in Southaven
Top Agents in Tipton