NOT LISTED FOR SALE

206 S Monterey Farms Cove Collierville, TN 38017

Gray's Creek Neighborhood

Estimated Value: $1,054,000 - $1,193,000

5 Beds
6 Baths
8,000-8,999 Sq Ft
$126/Sq Ft Est. Value

Last Sold March 28, 2024

Last sale price $1,075,000 $119 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $7,139/month

14 Days on Market

Highlights

  • Home Theater
  • Fireplace in Hearth Room
  • Wood Flooring
  • 2 Acre Lot
  • French Architecture
  • Main Floor Primary Bedroom

About This Home

As of March 2024

City Close, Country Quiet! Rare 2Acre Estate of European Design in Collierville Reserve. 4 Car Gar w/Porte-cochere. 5bd/4full 2half bath, w/ Incredible Grand Entry open to DR, OFC, LR. Upgraded appl in Kit w/ 20x17 Hearth Rm. Primary & 2nd down, Up offers Billiard Rm w/ FP & Balcony, 50x13 Media w/wetbar, 25x13 Exercise Rm, large Bonus w/FP. Over 8000 SqFt. Custom Castle like Doors, Heartwood Pine floors. Roof is 2 Years old. Minutes to Spring Creek Golf Club & Private Schools. County tax only!

Last Listed By

Bob Timm

Crye-Leike, Inc., REALTORS License #233829 Listed on: 02/23/2024

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,868

Year Built

  • Built in 2007

Lot Details

  • 2 Acre Lot
  • Landscaped
  • Level Lot
  • Few Trees

HOA Fees

  • $50 Monthly HOA Fees

Home Design

  • French Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 8,000-8,999 Sq Ft Home
  • 8,059 Sq Ft Home
  • 1.5-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • 4 Fireplaces
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Fireplace in Hearth Room
  • Double Pane Windows
  • Window Treatments
  • Entrance Foyer
  • Separate Formal Living Room
  • Breakfast Room
  • Dining Room
  • Home Theater
  • Home Office
  • Library
  • Loft
  • Bonus Room
  • Play Room
  • Storage Room
  • Keeping Room
  • Permanent Attic Stairs

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Double Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal
  • Instant Hot Water

Flooring

  • Wood
  • Tile
  • Slate Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • En-Suite Bathroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 4 Car Attached Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Circular Driveway

Outdoor Features

  • Covered patio or porch

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Gas Water Heater
  • Septic Tank

Community Details

  • Monterey Farms Subd Phase 1 Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number D0223Y A00028

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,868

Year Built

Built in 2007

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: French
  • Detached Unit Type: General Residential
  • Cross Street: Walnut Grove
  • MLS Map #: 799A
  • MAAR Subdivision Name: MONTEREY FARMS PH1
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 133.39
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 8059
  • Year Built: 2007
  • List Price/ Sq Ft: 143
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 1/2 Bath, 2 or More Baths, Laundry Room, Keeping/Hearth Room, Breakfast Room, Office
  • Second Story Floor Plan: 3rd Bedroom, 4th or More Bedrooms, 2 or More Baths, Play Room/Rec Room, Bonus Room, Media Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Full Bath Down
  • Estimated Heated Sq Ft Range: 8000 - 8999
  • Bedroom 2 Description: Level 1, Private Full Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 2, Private Full Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 4 Description: Level 2, Walk-In Closet, Private Full Bath, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 5
  • Bedrooms Down: 2
  • Fireplace: Prefabricated, Ventless Gas Fireplace, In Keeping/Hearth room, Gas Logs
  • Floors/Ceilings: Part Hardwood, Tile, Slate, Smooth Ceiling
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Equipment: Range/Oven, Continuous Cleaning Oven, Double Oven, Gas Cooking, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Instant Hot Water
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Eat-In Kitchen, Breakfast Bar, Pantry, Island In Kitchen, Keeping/Hearth Room
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Permanent Attic Stairs, Cat/Dog Free House, Security System, Smoke Detector(s)
  • Number Of Fireplaces: 4
  • Other Rooms: Laundry Room, Library/Study, Play Room, Bonus Room, Office/Sewing Room, Entry Hall, Loft/Balcony, Media Room
  • Total Bathrooms: 4.2
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Smooth Ceiling

Exterior Features

  • Misc Exterior: Porch, Patio, Covered Patio
  • Exterior Windows: Stone, Double Pane Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Number Covered Parking Spaces: 4
  • Parking Display: 4A
  • Parking Storage: Circular Drive, More than 3 Coverd Spaces, Storage Room(s), Garage Door Opener(s), Back-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s), 3 or More Systems
  • Heating: Central, Gas, 3 or More Systems
  • Water Sewer: Gas Water Heater, 2+ Water Heaters, Public Water, Septic Tank

Association/Amenities

  • Annual Association Fee: 600
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Level, Landscaped
  • Lot Number: 28
  • Acreage: 2
  • Keeping Hearth Dimension: 21x17
  • Lot Size: 87670 SF 281 X 334
  • Price Per Acre: 575000

Multi Family

  • Number Of Rooms: 14

Tax Info

  • Assessor Parcel Number: D0223Y A00028

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2024
Closed on
Mar 28, 2024
Sold by
Robert And Elizabeth Durkin Living Trust and Durkin Robert A
Bought by
Falls John and Burnett Mallory
Seller's Agent
Bob Timm
Crye-Leike, Inc., REALTORS
Buyer's Agent
Sam White
Crye-Leike, Inc., REALTORS
List Price
$1,150,000
Sold Price
$1,075,000
Premium/Discount to List
-$75,000
-6.52%
Total Days on Market
14
Views
184
Current Estimated Value
$1,137,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,786
Avg. Annual Appreciation
5.40%

Purchase Details

Closed on
Nov 17, 2022
Sold by
Durkin Robert A
Bought by
Robert And Elizabeth Durkin Living Trust

Purchase Details

Closed on
Sep 8, 2009
Sold by
Jpmorgan Chase Bank National Association
Bought by
Durkin Robert A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2009
Sold by
Seay Arthur E and Seay Tina M
Bought by
Jpmorga Chase Bank

Purchase Details

Closed on
Apr 5, 2000
Sold by
Monterey Farms Pso
Bought by
Vandersteeg James D and Vandersteeg Erin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,100
Interest Rate
8.34%

Range of Values:

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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
Falls John $1,075,000 Tri State Title
Robert And Elizabeth Durkin Living Trust -- --
Durkin Robert A $577,027 Resource Title Agency Inc
Jpmorga Chase Bank $638,000 None Available
Vandersteeg James D $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Durkin Robert A $560,000
Previous Owner Durkin Robewrt A $500,000
Previous Owner Durkin Robert A $50,000
Previous Owner Durkin Robert A $417,000
Previous Owner Durkin Robert A $417,000
Previous Owner Seay Arthur E $930,000
Previous Owner Seay Arthur E $78,000
Previous Owner Seay Arthur E $200,000
Previous Owner Vandersteeg James D $80,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2024 03/28/24 Sold $1,075,000 -6.5% $134 / Sq Ft
03/15/2024 03/15/24 Pending -- -- --
03/01/2024 03/01/24 For Sale $1,150,000 -- $144 / 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
2024 $8,868 $261,600 $28,450 $233,150
2023 $8,868 $261,600 $28,450 $233,150
2022 $8,868 $261,600 $28,450 $233,150
2021 $9,025 $261,600 $28,450 $233,150
2020 $8,693 $214,650 $22,775 $191,875
2019 $8,693 $214,650 $22,775 $191,875
2018 $8,693 $214,650 $22,775 $191,875
2017 $8,822 $214,650 $22,775 $191,875
2016 $9,091 $208,025 $0 $0
2014 $9,091 $208,025 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bob Timm

    Seller's Agent in 2024

    Bob Timm

    Crye-Leike

    (901) 490-8080

    4 in this area

    28 Total Sales

    Bob Timm
    Section Image

  • P

    Seller Co-Listing Agent in 2024

    Peyton Hill

    The Firm

    (901) 828-0470

    2 in this area

    16 Total Sales

    Peyton Hill
    Section Image
  • Sam White

    Buyer's Agent in 2024

    Sam White

    Crye-Leike

    (901) 849-7376

    1 in this area

    99 Total Sales

    Sam White
    Section Image
See All Agents

Map

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Source: Memphis Area Association of REALTORS®

MLS Number: 10166443

Memphis Area Association of REALTORS®

APN: D0-223Y-A0-0028

Tennessee Shelby County Collierville 38017 Gray's Creek

206 S Monterey Farms Cove, Collierville, TN

Homes for Sale in Collierville, TN

This home is located at 206 S Monterey Farms Cove, Collierville, TN 38017 since 23 February 2024 and is currently estimated at $1,137,786, approximately $126 per square foot. This property was built in 2007. 206 S Monterey Farms Cove is a home located in Shelby County with nearby schools including Macon-Hall Elementary School, Mt. Pisgah Middle School, and Germantown High School.

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