For sale

Price cut: $5K (6/5)

$315,000

487 S Center St, Collierville, TN 38017

3beds

1,545sqft

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Single Family Residence

Built in 1950

1.15 Acres Lot

$309,600 Zestimate^®

$204/sqft

$-- HOA

What's special

Large lotSplit-bedroom layoutCozy denMostly hardwood floorsVersatile floor plan

This property has added value, as the large lot offers potential for subdivision and the creation of an additional 2 home sites. Nestled on over an acre, this fantastic 3-bedroom, 2-bath home has so many added touches and is just minutes from the Collierville Town Square, shopping, restaurants, town park, and pickleball courts PLUS easy road access! The versatile floor plan offers a separate living room, cozy den, and an eating/dining area. Enjoy a split-bedroom layout with mostly hardwood floors and no carpet, plus a convenient mudroom/laundry area with washer/dryer hookups. Additional features include a 1-car garage, two patio areas for outdoor relaxation, and a brand-new 30-year roof!

220 days

433

27

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Level: First
Area: 195
Dimensions: 13 x 15

Bedroom 2

Features: Shared Bath
Level: First
Area: 132
Dimensions: 11 x 12

Bedroom 3

Features: Shared Bath
Level: First
Area: 132
Dimensions: 11 x 12

Primary bathroom

Features: Tile Floor, Full Bath

Dining room

Area: 135
Dimensions: 9 x 15

Kitchen

Features: Eat-in Kitchen, Washer/Dryer Connections
Area: 120
Dimensions: 10 x 12

Living room

Features: LR/DR Combination, Separate Den
Area: 210
Dimensions: 14 x 15

Den

Area: 221
Dimensions: 13 x 17

Heating

Central

Cooling

Ceiling Fan(s), Central Air

Appliances

Included: Dishwasher, Range/Oven
Laundry: Laundry Room

Features

All Bedrooms Down, Full Bath Down, Primary Down, Renovated Bathroom, Split Bedroom Plan, Smooth Ceiling, Sprayed Ceiling, 2 or More Baths, 2nd Bedroom, 3rd Bedroom, Den/Great Room, Dining Room, Kitchen, Laundry Room, Living Room, Primary Bedroom, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
Flooring: Part Hardwood, Tile
Basement: Crawl Space
Has fireplace: No

Interior area

Total interior livable area: 1,545 sqft

Property

Parking

Total spaces: 1
Parking features: Driveway/Pad, Garage Faces Front
Has garage: Yes
Covered spaces: 1
Has uncovered spaces: Yes

Features

Stories: 1
Patio & porch: Patio
Pool features: None

Lot

Size: 1.15 Acres
Dimensions: 261 x 200
Features: Some Trees

Details

Parcel number: C0244 00627C

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Materials

Brick Veneer, Wood/Composition
Roof: Composition Shingles

Condition

New construction: No
Year built: 1950

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Unknown

Location

Region: Collierville

Financial & listing details

Price per square foot: $204/sqft
Tax assessed value: $218,400
Annual tax amount: $2,305
Price range: $315K - $315K
Date on market: 11/18/2025
Cumulative days on market: 207 days

Estimated market value

$309,600

$294,000 - $325,000

$2,045/mo

Price history

Date	Event	Price
6/5/2026	Price change	$315,000-1.6%$204/sqft
Source: MAAR #10209966 Report a problem
4/23/2026	Listed for sale	$320,000$207/sqft
Source: MAAR #10209966 Report a problem
4/9/2026	Pending sale	$320,000$207/sqft
Source: MAAR #10209966 Report a problem
11/18/2025	Listed for sale	$320,000+180.7%$207/sqft
Source: MAAR #10209966 Report a problem
10/2/2025	Listing removed	$2,300$1/sqft
Source: MAAR #10205359 Report a problem
9/9/2025	Listed for rent	$2,300+91.7%$1/sqft
Source: MAAR #10205359 Report a problem
2/28/2018	Listing removed	$1,200$1/sqft
Source: John Green & Co., REALTORS #10016275 Report a problem
11/30/2017	Listed for rent	$1,200$1/sqft
Source: John Green & Co., REALTORS #10016275 Report a problem
10/13/2016	Sold	$114,000$74/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,353 +2.1%	$54,600 +23.9%
2024	$2,305	$44,075
2023	$2,305	$44,075
2022	--	$44,075
2021	--	$44,075 +51.5%
2020	$1,179	$29,100
2019	$1,179	$29,100
2018	$1,179 -29.4%	$29,100
2017	$1,670 +52.3%	$29,100 +15.9%
2016	$1,097 +193.3%	$25,100
2014	$374	$25,100
2013	--	$25,100 -4%
2012	--	$26,150
2011	--	$26,150
2010	--	$26,150 -9.2%
2009	--	$28,800 +21.6%
2008	--	$23,675
2007	--	$23,675
2006	--	$23,675
2005	--	$23,675 +26.8%
2004	--	$18,675
2003	--	$18,675
2002	--	$18,675
2001	--	$18,675 +15.1%
2000	--	$16,225

Find assessor info on the county website

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