BEAUTIFUL HOME JUST OUTSIDE THE COLLIERVILLE HISTORIC DISTRICT ON 3+ ACRES. CUSTOM FEEL WITH CHARACTER. NOT A TYPICAL SUBURBAN STYLE HOME. TRADITIONAL FLOOR PLAN WITH ALL LIVING AREAS ON THE MAIN FLOOR. 3 BEDROOMS, 2 FULL BATHS, LARGE LIVING ROOM, AND DINING ROOM, PLUS A DEN OFF THE KITCHEN. POTENTIAL ADDITIONAL BEDROOMS ON 2ND STORY. LOWER LEVEL INCLUDES LAUNDRY/MUDROOM, GARAGE, AND BASEMENT SPACE. HOME NEEDS RESTORING TO CAPTURE ORIGINAL BEAUTY AND CHARM. SOLD "AS IS".
Single-familyProperty Type
1947Year Built
3.14 acresLot Size
$210Est. Price/Sq.Ft.
2 spacesParking
Listed by Craig Smith• Banyan Tree, REALTORS
Listed by Mary Jean Smith• Banyan Tree, REALTORS
Bought with Leanne Brooks• Marx-Bensdorf, REALTORS
Memphis Area Association of Realtors(R) MLS #10082038
Aug 28, 2020
Sold
$500,000
$167/sq ft
Aug 4, 2020
Listed
$600,000
$200/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$5,545 (−5.4%)
$33,675 + $94,975
$128,650
2024
$5,860
$33,675 + $94,975
$128,650
2023
$5,860 (+2.3%)
$33,675 + $78,375
$112,050
2022
$5,726 (−1.2%)
$33,675 + $78,375
$112,050
2021
$5,793 (+117.1%)
$33,675 + $78,375
$112,050
2020
$2,668 (+45.2%)
$33,675 + $78,375
$112,050
2019
$1,838
$16,425 + $28,950
$45,375
2018
$1,838 (−1.5%)
$16,425 + $28,950
$45,375
2017
$1,865 (−5.9%)
$16,425 + $28,950
$45,375
2016
$1,982
$16,425 + $28,950
$45,375
Tax history for 321 Peterson Lake Rd
Year
Property tax
Land + Additions
Assessment*
2025
$5,545 (−5.4%)
$33,675 + $94,975
$128,650
2024
$5,860
$33,675 + $94,975
$128,650
2023
$5,860 (+2.3%)
$33,675 + $78,375
$112,050
2022
$5,726 (−1.2%)
$33,675 + $78,375
$112,050
2021
$5,793 (+117.1%)
$33,675 + $78,375
$112,050
2020
$2,668 (+45.2%)
$33,675 + $78,375
$112,050
2019
$1,838
$16,425 + $28,950
$45,375
2018
$1,838 (−1.5%)
$16,425 + $28,950
$45,375
2017
$1,865 (−5.9%)
$16,425 + $28,950
$45,375
2016
$1,982
$16,425 + $28,950
$45,375
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
3
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
3.14 Acres
Year renovated
1984
Sq. Ft.
2,692
Year built
1947
Style
Single Family Residential
County
Shelby County
APN
C0244 00051
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 13, 2026.
R-1
Low Density Residential District
These districts are designed to provide suitable areas for low density residential development characterized by an open appearance. The residential development will consist of single family detached dwellings and accessory structures. These districts also include community facilities, public utilities and open uses which serve specifically the residents of these districts. Further, it is the intent of this chapter that these districts be located so that the provision of appropriate urban services will be physically and economically feasible and so that provision is made for the orderly expansion and maintenance of urban residential development.
Permitted uses
Include but are not limited to:
Housing-Single unit
Educational/school
Fire house
Police station
Park & open space
Property details
Parking
Parking Information
# of Covered Parking Spaces: 2
Carport/Garage: Garage
Parking/Storage: Back-Load Garage
Attached/Detached Parking: Attached
Interior
Bedroom Information
# of Bedrooms (Lower): 3
# of Bedrooms: 3
# of Bedrooms: 3
# of Bedrooms Down: 3
Master Bedroom Dimensions:
Master Bedroom Dimensions:
Master Bedroom Description: Level 1, Full Bathroom, Smooth Ceiling
Property information provided by Memphis Area Association of Realtors(R) MLS when last listed in 2020. This data may not match public records. Learn more.