Great home for the money in Collierville. Almost 1/2 acre of land * Garage with storage * Covered back patio * Great shaded back yard * Master bedroom has walk-in closet * Double vanities in hall bath * Tile in kitchen * Wood burning fireplace *
Single-familyProperty Type
1972Year Built
0.46 acresLot Size
$197Est. Price/Sq.Ft.
2 spacesParking
Listed by Jennifer Arendale
Bought with Jerry Hewlett• Jennae Realty, Inc.
Source:Memphis Area Association of Realtors(R) MLS #3167765
Redfin Estimate
$326,660
$27K since sold in May 2022$1,000 since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 8.4% lower than the average sale price ($357K) of 5 comparable homes.
Memphis Area Association of Realtors(R) MLS #3167765
May 11, 2009
Sold
$127,000
$77/sq ft
Apr 1, 2009
Listed
$115,000
$70/sq ft
+4
Great home for the money in Collierville. Almost 1/2 acre of land * Garage with storage * Covered back patio * Great shaded back yard * Master bedroom has walk-in closet * Double vanities in hall bath * Tile in kitchen * Wood burning fireplace *
Public Records
Dec 4, 1972
Sold
$31,500
$19/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,591 (+10.8%)
$16,000 + $67,325
$83,325
2024
$3,243
$16,000 + $67,325
$83,325
2023
$3,243 (+5.2%)
$8,175 + $53,825
$62,000
2022
$3,083 (+1.2%)
$8,175 + $53,825
$62,000
2021
$3,045 (+19.7%)
$8,175 + $50,725
$58,900
2020
$2,543 (+47.7%)
$8,175 + $50,725
$58,900
2019
$1,722
$8,175 + $35,075
$43,250
2018
$1,722 (−1.5%)
$8,175 + $34,350
$42,525
2017
$1,748 (+6.6%)
$8,175 + $34,350
$42,525
2016
$1,639
$8,175 + $34,350
$42,525
2014
$1,639
$8,175 + $29,350
$37,525
Tax history for 653 Peterson Lake Rd
Year
Property tax
Land + Additions
Assessment*
2025
$3,591 (+10.8%)
$16,000 + $67,325
$83,325
2024
$3,243
$16,000 + $67,325
$83,325
2023
$3,243 (+5.2%)
$8,175 + $53,825
$62,000
2022
$3,083 (+1.2%)
$8,175 + $53,825
$62,000
2021
$3,045 (+19.7%)
$8,175 + $50,725
$58,900
2020
$2,543 (+47.7%)
$8,175 + $50,725
$58,900
2019
$1,722
$8,175 + $35,075
$43,250
2018
$1,722 (−1.5%)
$8,175 + $34,350
$42,525
2017
$1,748 (+6.6%)
$8,175 + $34,350
$42,525
2016
$1,639
$8,175 + $34,350
$42,525
2014
$1,639
$8,175 + $29,350
$37,525
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
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
Interior
Bathroom Information
# of Full Baths: 2
Heating & Cooling
Heating Fuel Type: Gas
Heating Type: Central
Fireplace Information
# of Fireplaces: 1
Fireplace Type: 1 Opening
Has Fireplace
Room Information
# of Rooms: 7
Exterior
Exterior Information
Physical Condition: Average
Building Style Type: Traditional
Exterior Wall: Brick Veneer
Roof Covering Type: Composition Shingle
Roof Shape Type: Gable
Property Information
Subdivision Name: PETERSON LAKE HEIGHTS SEC A
Living Sq. Ft: 1,654
Ground Floor Sq. Ft: 1,582
Building Sq. Ft: 1,654
# of Stories: 1
Stories Type: 1
Legal Description: WS PETERSON LAKE RD
Parking & Garage Information
Parking Type: Frame Garage
Garage/Parking Sq. Ft: 380
Garage / Carport Type: Frame
Lot Information
# of Buildings: 1
Land Sq. Ft: 20,000
Legal Lot Number: 10
Municipality Name: COLLIERVILLE
Acres: 0.4591
Depth Footage: 200
Front Footage: 100
Zoning Code: R-1
County Use Description: SINGLE FAMILY
Financial
Assessor Information
Assessment Year: 2026
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,654
Stories: 1.0
Lot Size: 0.46 acres
Style: Single Family Residential
Year Built: 1972
Year Renovated: —
County: Shelby County
APN: C0244V A00002
Home facts updated by county records on Jul 13, 2026
Around this home
Schools
Collierville Elementary School
Public PreK-5 • Assigned • 0.2mi
9/10
West Collierville Middle School
Public 6-8 • Assigned • 2.5mi
9/10
Collierville High School
Public 9-12 • Assigned • 2.8mi
9/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be 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
In this area, properties receive around 10.4 hours in
June and 4.7 hours in December, placing it above the
U.S. average for solar exposure.
10.4 hrs
4.7 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$311,000 – $376,000
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