Collierville Gem with an 815 SF climate-controlled basement with an Olshan waterproofing and dual battery backup sump pump system-perfect for a gym, or workshop and an ultimate storm safety area for your family. This unique tri-level home sits on a spacious 2.3-acre corner lot. Home is fully updated with 6 bedrooms (2 primary suites) and 3.5 baths. Recent updates: freshly painted interior, remodeled kitchen with gas cooktop and stainless-steel appliances, 3 re-modeled full baths, energy efficient windows, recent roof, new enlarged gutters and re-parged fireplace. Enjoy peace of mind with a New water heater (2026) New sewer/water line (2025). Crawlspace is encapsulated by Foundation Redeemers with dehumidifier and exposed wood coated with a non-toxic lifetime mold and mildew protection. Enjoy outdoor living with 3 covered patios and a sunroom/breezeway with energy efficient windows. Bonus: Appliances included.
Single-familyProperty Type
1969Year Built
2.31 acresLot Size
2 spacesParking
Listed by Angela Fowler• Angela Fowler Real Estate, LLC
Memphis Area Association of Realtors(R) MLS #10219618
Jun 17, 2026
Price Changed
$595,000
Apr 18, 2026
Listed
$625,000
Memphis Area Association of Realtors(R) MLS #2
Jun 11, 2025
Price Changed
$599,900
Apr 7, 2025
Price Changed
$639,500
Memphis Area Association of Realtors(R) MLS #1
Oct 15, 2023
Price Changed
$724,900
Aug 1, 2023
Price Changed
$719,900
Jun 30, 2023
Price Changed
$729,900
Jun 11, 2023
Price Changed
$734,500
Public Records
Nov 22, 1993
Sold
$160,000
Public Records
Aug 15, 1991
Sold
$150,000
Public Records
Oct 25, 1990
Sold
$103,700
Year
Property tax
Land + Additions
Assessment*
2025
$6,224 (+9.0%)
$41,675 + $102,725
$144,400
2024
$5,707
$41,675 + $102,725
$144,400
2023
$5,707 (+2.3%)
$24,375 + $84,750
$109,125
2022
$5,576 (−1.2%)
$24,375 + $84,750
$109,125
2021
$5,642 (+9.7%)
$24,375 + $84,750
$109,125
2020
$5,141 (+45.2%)
$24,375 + $84,750
$109,125
2019
$3,541
$24,375 + $63,050
$87,425
2018
$3,541 (−1.5%)
$24,375 + $63,050
$87,425
2017
$3,593 (+33.8%)
$24,375 + $63,050
$87,425
2016
$2,686
$24,375 + $63,050
$87,425
2014
$2,686
$24,100 + $37,375
$61,475
Public record
Public record
Zoning
Beds
6
Baths
3.5
Stories
1.5
Lot width
130 ft.
Lot depth
288 ft.
Lot size
2.32 Acres
Year renovated
—
Finished Sq. Ft.
3,038
Unfinished Sq. Ft.
—
Total Sq. Ft.
3,038
Year built
1969
Style
Single Family Residential
County
Shelby County
APN
C0244P E00003C
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
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
2/10 Fire Factor
0.00% chance of being in a wildfire in next 30 years
6/10 Heat Factor
7 days above 109° expected this year, 21 days in 30 years
4/10 Wind Factor
18% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Collierville, TN • 38017
Average low and high temperatures (°F)
47
29
57
37
72
50
78
57
79
62
88
70
92
75
89
69
84
65
77
54
65
47
54
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
94/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Collierville. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.1 hrs
6.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 544 Peterson Lake Rd
$573,074
$22K under list price of $595K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $405K to $559K.