For sale

Price cut: $10K (6/9)

$415,000

700 Lancelot Ln, Collierville, TN 38017

4beds

2,487sqft

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Single Family Residence

Built in 1983

0.53 Acres Lot

$408,000 Zestimate^®

$167/sqft

$-- HOA

What's special

Just Reduced to $415,000! Space, flexibility, and one of the best lots you'll find in Collierville, all at an exceptional value. Situated on a rare .52-acre corner lot, this 4-bedroom home also features a bonus/media room with a closet, offering the flexibility of a 5th bedroom, guest space, home office, or media room. Inside, the layout is designed for everyday living, with comfortable spaces for both relaxing and entertaining. All bedrooms are located upstairs, creating a natural separation between living areas and private retreat spaces. Step outside and enjoy what truly sets this home apart: a large screened-in porch overlooking the expansive backyard. Whether it's morning coffee, hosting friends, or unwinding in the evening, this outdoor space is made to be enjoyed. With a 2-car garage, a roof only 3 years old, and updated PEX plumbing throughout, this home offers peace of mind along with timeless appeal. Move-in ready and now offered at just $415,000-Don't miss this one!

89 days

664

39

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Rooms

Room types: Bonus Room

Primary bedroom

Features: Walk-In Closet(s)
Level: Second
Area: 240
Dimensions: 16 x 15

Bedroom 2

Level: Second
Area: 170
Dimensions: 10 x 17

Bedroom 3

Level: Second
Area: 121
Dimensions: 11 x 11

Bedroom 4

Level: Second
Area: 132
Dimensions: 11 x 12

Bedroom 5

Level: Second

Primary bathroom

Features: Tile Floor, Full Bath

Dining room

Features: Separate Dining Room
Area: 156
Dimensions: 12 x 13

Kitchen

Features: Updated/Renovated Kitchen
Area: 294
Dimensions: 14 x 21

Living room

Features: Separate Living Room
Area: 392
Dimensions: 14 x 28

Bonus room

Area: 260
Dimensions: 13 x 20

Den

Dimensions: 0 x 0

Heating

Central

Cooling

Central Air

Appliances

Included: Vent Hood/Exhaust Fan, Range/Oven, Refrigerator
Laundry: Laundry Room

Features

2 Full Primary Baths, All Bedrooms Up, Half Bath Down, Renovated Bathroom, Powder/Dressing Room, Walk-In Closet(s), 1/2 Bath, Breakfast Room, Dining Room, Kitchen, Laundry Room, Living Room, Sun Room, 2 or More Baths, 2nd Bedroom, 3rd Bedroom, 4th or More Bedrooms, Play Room/Rec Room, Primary Bedroom, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
Flooring: Part Carpet, Part Hardwood, Tile, Vinyl
Attic: Attic Access,Permanent Stairs
Number of fireplaces: 1
Fireplace features: Gas Log, Masonry

Interior area

Total interior livable area: 2,487 sqft

Property

Parking

Total spaces: 2
Parking features: Driveway/Pad, Garage Door Opener, Garage Faces Side, Storage
Has garage: Yes
Covered spaces: 2
Has uncovered spaces: Yes

Features

Stories: 2
Patio & porch: Screen Porch
Pool features: None

Lot

Size: 0.53 Acres
Dimensions: 116 x 161
Features: Professionally Landscaped, Some Trees

Details

Parcel number: C0245S A00037

Construction

Type & style

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

Materials

Vinyl Siding
Foundation: Slab
Roof: Composition Shingles

Condition

New construction: No
Year built: 1983

Community & HOA

Community

Subdivision: Oak Village Sec A

Location

Region: Collierville

Financial & listing details

Price per square foot: $167/sqft
Tax assessed value: $368,100
Annual tax amount: $3,966
Price range: $415K - $415K
Date on market: 4/8/2026
Cumulative days on market: 89 days
Listing terms: Conventional,FHA,VA Loan

Estimated market value

$408,000

$388,000 - $428,000

$2,528/mo

Price history

Date	Event	Price
6/9/2026	Price change	$415,000-2.4%$167/sqft
Source: MAAR #10218696 Report a problem
4/8/2026	Listed for sale	$425,000$171/sqft
Source: MAAR #10218696 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,966 +2.2%	$92,025 +24.1%
2024	$3,879	$74,175
2023	$3,879	$74,175
2022	--	$74,175
2021	--	$74,175 +28.3%
2020	$2,341	$57,800
2019	$2,341	$57,800
2018	$2,341 -29.4%	$57,800
2017	$3,318 +67.1%	$57,800 +27.2%
2016	$1,985 +150.3%	$45,425
2014	$793	$45,425
2013	--	$45,425 -18.1%
2012	--	$55,450
2011	--	$55,450
2010	--	$55,450
2009	--	$55,450 +10.3%
2008	--	$50,275
2007	--	$50,275
2006	--	$50,275
2005	--	$50,275 +22.5%
2004	--	$41,025
2003	--	$41,025
2002	--	$41,025
2001	--	$41,025 +6.4%
2000	--	$38,575

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.

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