21 days on rocket

Sale Pending

1240 Sugar Ln, Collierville, TN, 38017

$404,000

Home List Price

$4,798*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
House
Schools Nearby

Location

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1240 Sugar Ln, Collierville$404,000

Buyer Closing Credits

$4,798*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad, Front-Load Garage, Garage
Year Built1995
HeatingCentral
CoolingCentral Air
BasementYes
FireplacePrefabricated, In Den/Great Room
MLS #10169652
Lot Size0.22 Acres
StatusSale Pending
(Pending)

About 1240 Sugar Ln

Check out this great family home in sought after Eastbrook subdivision. Large eat in kitchen, freshly painted with new range. Water and gas line added behind range for future gas range and pot filler. Large laundry room has added water line to add a sink. 4th bedroom could be playroom. Great level yard for kids to play in or add a pool. Nice wood floors and tile downstairs. Ring security system to stay.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1995
  • Stories: 2

Listing Office:

  • Office Name: Crye-Leike, Inc., REALTORS

Interior Features

Interior Information:

  • Appliances: Range, Oven, Disposal, Dishwasher, Microwave
  • Basement: Yes
  • Flooring Type: Wood Laminate Floors, Part Carpet, Tile
  • Interior: Pull Down Attic Stairs
  • Fireplace: Prefabricated, In Den/Great Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Patio, Wood Fence, Sidewalks

Parking Information:

  • Parking: Driveway/Pad, Front-Load Garage, Garage

Lot Features

Lot Information:

  • Lot: Level, Landscaped, Fencing
  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Memphis Virtual School, Public District Grades 6-12

Other

Directions Information:

  • Directions: Heading east on Wolf River, turn right (south) on Sugar Ln

Price Information

Listing Price Info

Price Summary:

  • List Price: $404,000

Tax Information:

  • Annual Amount: $4,326
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Collierville, TN.

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Collierville, TN

City

Med. Sold Price

$524.9K

# of Sold Homes

61

1240 Sugar Ln vs Collierville

21 DAYS ON ROCKET

$404,000

-$120.9K Less

KEY TAKEAWAY

This property is $120.9K less than the Median Sold Price in Collierville, TN.

Based on homes sold in March 2024

MLS Details

MLS Information:

  • MLS Number: #10169652

Listing Office:

  • Office Name: Crye-Leike, Inc., REALTORS

Copyright© 2024 Memphis Area Association of REALTORS. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 10:25:16 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 29, 2019Home Sold
$272,900

Tax History

YEARPROP. TAXASSESSMENT
2021$4,326$72,100
2020$2,293$56,625
2019$2,293$56,625
2018$2,327$56,625
2017$2,223$56,625

History based on county public records data.

Payment Calculator

$2,084

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,278

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

High School

school-card-donut-3359731
1
/10

  • Memphis Virtual School

  • 3772 Jackson Ave

  • 16.89 miles

  • Public District Grades 6-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $84,703. The most common annual income of people living in Collierville, TN is between $35k-100k. Typical family type is married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1240 Sugar Ln

What is the listing price of this property?

The listing price of 1240 Sugar Ln property is $404,000.

What type of property is this?

The property 1240 Sugar Ln is a house located in Collierville, Tennessee, 38017.

Is this property for sale now?

Sale Pending: 1240 Sugar Ln is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 1240 Sugar Ln are:
Memphis Virtual School: GreatSchools Rating 1/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,326 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 29, 2019 for $272,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1240 Sugar Ln has 4 bedrooms and 2 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 1240 Sugar Ln is 1995.

Rocket Homes›Tennessee›Shelby County›Collierville›38017›1240 Sugar Ln

This home is located at 1240 Sugar Ln in Collierville, TN and zip code 38017. This home, which was built in 1995, sits on a 0.22 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 08, 2024 and is currently priced at $404,000.

While more than 13 listings in Collierville, TN in March 2024 were sold above asking price, there were more than 16 listings sold at asking price, and more than 32 were sold below. The number of homes for sale in Collierville, TN increased by 27.5% between February 2024 and March 2024.

From Rocket Homes Real Estate and based on county public records data.

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