506 Peterson Lake Rd, Collierville, TN, 38017

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506 Peterson Lake Rd, Collierville$675,000

Buyer Closing Credits

$8,016^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

ParkingDriveway/Pad, Circular Drive, Storage Room(s), Carport

Year Built1960

HeatingCentral, Dual System

CoolingCentral Air, Dual

FireplaceDecorative Only, In Living Room

ViewOther

MLS #10160629

Lot Size1.17 Acres

StatusActive

About 506 Peterson Lake Rd

Rare Opportunity to own a One-Story Home in the Heart of Collierville on 1.17 Acres ~ Extensive Renovations w/ Open Floor Plan ~ 3400+- SQFT ~ Great for Entertaining! Walk to Collierville Elementary, Collierville Parks & Collierville Town Square. Large Kitchen Island that Opens to the Great Room, Separate Breakfast Rm, All New Cabinets & KitchenAid Appliances. Luxury Bathrooms, Gorgeous Hardwood Floors & Much More!

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Property Details

Property Features

Property Information:

• Architectural Style: Traditional
• Year Built: 1960
• Stories: 1

Listing Office:

• Office Name: John Green & Co., REALTORS

Interior Features

Interior Information:

• Appliances: Range, Oven, Gas Range, Disposal, Dishwasher, Microwave, Refrigerator
• Flooring Type: Hardwood Throughout, Tile, Smooth Ceiling
• Interior: Walk-In Closet(s), Permanent Attic Stairs, Cat/Dog Free House, Vent Hood/Exhaust Fan
• Fireplace: Decorative Only, In Living Room

Bedroom and Bathroom Information:

• Full Bathrooms: 3
• Total Bedroom Count: 3

Exterior Features

Exterior Information:

• View: Other
• Exterior: Patio

Parking Information:

• Parking: Driveway/Pad, Circular Drive, Storage Room(s), Carport

Lot Features

Lot Information:

• Lot: Few Trees, Level, Corner Lot, Landscaped
• Lot Size: 1.17 Acres

Utilities

Utilities Information:

• Heating: Central, Dual System
• Cooling: Central Air, Dual

School Info

Assigned Schools Information:

• Memphis Virtual School, Public District Grades 6-12

Other

Directions Information:

• Directions: Going east on Poplar Avenue turn left onto Peterson Lake Rd. Home will be on your right at the corner of White Rd and Peterson Lake Rd.

Price Information

Listing Price Info

Price Summary:

• List Price: $675,000

HOA Fees:

• Amount: $0
• Frequency: Annually

Tax Information:

• Annual Amount: $6,288
• Tax Year: 2021

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Housing Market Comparison

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

Collierville, TN

City

Med. Sold Price

$534.8K

Med. Price/SqFt

$164

# of Sold Homes

52

506 Peterson Lake Rd vs Collierville

177 DAYS ON ROCKET

$675,000

+$140.1K More

KEY TAKEAWAY

This property is $140.1K more than the Median Sold Price in Collierville, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Number: #10160629

Listing Office:

• Office Name: John Green & Co., 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: 5/5/2024, 12:20:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

Tax History

YEAR	PROP. TAX	ASSESSMENT
2021	$6,288	$104,800
2020	$3,214	$79,375
2019	$3,214	$79,375
2018	$3,262	$79,375
2017	$2,625	$79,375

History based on county public records data.

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**Disclosures

Rocket Homes›Tennessee›Shelby County›Collierville›38017›506 Peterson Lake Rd

This home is located at 506 Peterson Lake Rd in Collierville, TN and zip code 38017. This home, which was built in 1960, sits on a 1.17 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 09, 2023 and is currently priced at $675,000.

In April 2024 more than 14 listings in Collierville, TN were sold above the asking price. During the same period more than 13 listings were sold at asking price, while more than 25 were sold below. The inventory of homes for sale in Collierville, TN between March 2024 and April 2024 increased by 19.6%.

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