Pending

Price cut: $20K (6/23)

$425,000

514 Armel Dr, Collierville, TN 38017

3beds

2,073sqft

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Townhouse

Built in 2022

4,791 Square Feet Lot

$419,800 Zestimate^®

$205/sqft

$342/mo HOA

What's special

Ev chargerCovered side patioSoft closing cabinetsEngineered hardwood floors throughoutUpdated lightingWhirlpool appliancesQuartz countertops

PRICE JUST REDUCED - Luxury, low-maintenance living at THE TOWNE in one of Collierville's most desirable locations with no carpet, engineered hardwood floors throughout, an EV charger, a covered side patio and a 2-car attached garage. This Carrington floor plan offers thoughtfully designed open layout with 3 bedrooms, including a main-level suite, and 2.5 baths. Updated lighting adds a fresh, modern feel. Let's not forget the soft closing cabinets, quartz countertops and Whirlpool appliances. The kitchen refrigerator and EV Charger (in the 2-car attached garage) remain for added convenience. Enjoy a true lock-and-leave lifestyle - relax on your covered side patio or unwind at the neighborhood pool. This home delivers the perfect blend of comfort, convenience, and low-maintenance luxury!

75 days

233

8

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Rooms

Room types: Entry Hall, Loft/Balcony, Attic

Primary bedroom

Features: Walk-In Closet(s), Smooth Ceiling, Hardwood Floor
Level: First
Area: 196
Dimensions: 14 x 14

Bedroom 2

Features: Walk-In Closet(s), Shared Bath, Smooth Ceiling, Hardwood Floor
Level: Second
Area: 168
Dimensions: 12 x 14

Bedroom 3

Features: Walk-In Closet(s), Shared Bath, Smooth Ceiling, Hardwood Floor
Level: Second
Area: 156
Dimensions: 13 x 12

Primary bathroom

Features: Double Vanity, Separate Shower, Smooth Ceiling, Tile Floor, Full Bath

Dining room

Area: 144
Dimensions: 9 x 16

Kitchen

Features: Breakfast Bar, Pantry, Kitchen Island

Living room

Features: Great Room
Dimensions: 0 x 0

Den

Area: 256
Dimensions: 16 x 16

Heating

Electric Heat Pump

Cooling

220 Wiring, Ceiling Fan(s), Central Air

Appliances

Included: Range/Oven, Self Cleaning Oven, Gas Cooktop, Dishwasher, Microwave, Refrigerator
Laundry: Laundry Room

Features

Primary Down, Luxury Primary Bath, Double Vanity Bath, Full Bath Down, Half Bath Down, Smooth Ceiling, High Ceilings, Cable Wired, Walk-In Closet(s), Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 1/2 Bath, Laundry Room, 2nd Bedroom, 3rd Bedroom, 1 Bath, Square Feet Source: Floor Plans (Builder/Architecture)
Flooring: Hardwood, Tile
Windows: Double Pane Windows, Window Treatments
Attic: Pull Down Stairs
Has fireplace: No
Common walls with other units/homes: End Unit

Interior area

Total interior livable area: 2,073 sqft

Property

Parking

Total spaces: 2
Parking features: Garage Door Opener, Garage Faces Rear
Has garage: Yes
Covered spaces: 2

Features

Stories: 2
Patio & porch: Patio, Covered Patio
Exterior features: Auto Lawn Sprinkler, Sidewalks
Pool features: Community, Neighborhood

Lot

Size: 4,791 Square Feet
Dimensions: 35 x 128.28
Features: Level, Corner Lot, Professionally Landscaped, Well Landscaped Grounds

Details

Additional structures: Pool House
Parcel number: C0244D C00005

Construction

Type & style

Home type: Townhouse
Architectural style: Traditional
Property subtype: Townhouse
Attached to another structure: Yes

Materials

Brick Veneer, Wood/Composition
Foundation: Slab
Roof: Composition Shingles

Condition

New construction: No
Year built: 2022

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Nbrhd Recreation Facility
Security: Fire Sprinkler System, Security System, Smoke Detector(s), Monitored Alarm, Burglar Alarm, Fire Alarm, Dead Bolt Lock(s)
Subdivision: Byhalia Commons Pd Phase 3a

HOA

Has HOA: Yes
HOA fee: $4,100 annually

Location

Region: Collierville

Financial & listing details

Price per square foot: $205/sqft
Tax assessed value: $515,300
Annual tax amount: $5,552
Price range: $425K - $425K
Date on market: 4/24/2026
Cumulative days on market: 75 days
Listing terms: Conventional,FHA,VA Loan

Estimated market value

$419,800

$399,000 - $441,000

$2,587/mo

Price history

Date	Event	Price
6/29/2026	Pending sale	$425,000$205/sqft
Source: MAAR #10220068 Report a problem
6/23/2026	Price change	$425,000-4.5%$205/sqft
Source: MAAR #10220068 Report a problem
5/17/2026	Price change	$445,000-5.7%$215/sqft
Source: MAAR #10220068 Report a problem
4/24/2026	Listed for sale	$472,000-0.6%$228/sqft
Source: MAAR #10220068 Report a problem
6/9/2023	Sold	$475,000$229/sqft
Source: MAAR #10134773 Report a problem
4/5/2023	Contingent	$475,000$229/sqft
Source: MAAR #10134773 Report a problem
10/3/2022	Listed for sale	$475,000$229/sqft
Source: MAAR #10134773 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,552 +3.7%	$128,825 +25.8%
2024	$5,354	$102,375
2023	$5,354	$102,375 +449.7%
2022	--	$18,625 -12.9%
2021	--	$21,375

Find assessor info on the county website

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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