10 months on rocket

502 Armel Dr, Collierville, TN, 38017

$499,000

Home List Price

$5,926*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
Townhouse

Location

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502 Armel Dr, Collierville$499,000

Buyer Closing Credits

$5,926*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingDriveway/Pad, Garage Door Opener(s), Back-Load Garage, Designated Guest Parking, Garage
Year Built2024
HeatingHeat Pump
CoolingCentral Air, Ceiling Fan(s)
BasementYes
WaterfrontWaterfront
ViewWater, Other
MLS #10164108
StatusActive

About 502 Armel Dr

Townhome Community with 3 unique floorplans. 3 BR (primary downstairs) 2.5 BA. The luxury finishes throughout the townhome give you that "WOW" feeling as soon as you walk in! 2-car garage along with a covered patio or walk to the neighborhood pool and pool house. No rentals. Model homes are open Thurs- Fri. 12:30-5:30 and Sat.-Sun. 1-5. For a Limited Time the Seller offering a $10,000 Buyer Allowance to be used towards HOA Fees, Prop taxes, fridge, washer, dryer, window trmnts., or a fence.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 2024
  • Stories: 2

Listing Office:

  • Office Name: Crews Realty, LLC

Interior Features

Interior Information:

  • Appliances: Self Cleaning Oven, Gas Range, Disposal, Dishwasher, Microwave
  • Basement: Yes
  • Flooring Type: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Interior: Walk-In Closet(s), Pull Down Attic Stairs, Fire Sprinklers, Security System, Smoke Detector(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Waterfront
  • View: Water, Other
  • Exterior: Covered Patio

Parking Information:

  • Parking: Driveway/Pad, Garage Door Opener(s), Back-Load Garage, Designated Guest Parking, Garage

Virtual/3D Tour

  • 3D Tour: 502 Armel Dr
3D Tour

Lot Features

Lot Information:

  • Lot: Level, Views, Landscaped

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air, Ceiling Fan(s)

Other

Directions Information:

  • Directions: South on Byhalia Road from 385. Make a right on Collierville Road. THE TOWNE will be on your right about 1/2 mile down the road. Armel Drive will be on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,000
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Housing Market Comparison

See how this home compares to others in Collierville, TN.

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Collierville, TN

City

Med. Sold Price

$541K

# of Sold Homes

36

502 Armel Dr vs Collierville

308 DAYS ON ROCKET

$499,000

-$42K Less

KEY TAKEAWAY

This property is $42K less than the Median Sold Price in Collierville, TN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #10164108

Listing Office:

  • Office Name: Crews Realty, LLC

Copyright© 2024 Memphis Area Association of REALTORS. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 8:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,563

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-433188
10
/10

  • Schilling Farms Elementary School

  • 935 Colbert St S

  • 0.42 miles

  • Public District Grades PK-5

school-card-donut-433189
10
/10

  • Sycamore Elementary School

  • 1155 Sycamore Rd

  • 1.57 miles

  • Public District Grades PK-5

school-card-donut-433190
9
/10

  • Bailey Station Elementary School

  • 3435 Bailey Station Rd

  • 2.25 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $103,732. The majority of Collierville, TN residents have income between $100k-200k annually. Typical family type is married, with kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Collierville, TN

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Collierville, TN.

Collierville's housing market is diverse, offering a range of options from spacious single-family homes to convenient townhouses and apartments. The architectural styles in the area are a mix of traditional and contemporary, with a noticeable presence of colonial and craftsman influences. The majority of homes reflect a period of growth in the late 20th century, with many properties built in the 1990s. The homeownership rate in Collierville is high, with a significant majority of residents owning their homes, indicative of the area's stable residential appeal.

What is it like to live in Collierville, TN?

Collierville is celebrated for its small-town charm combined with upscale suburban living. The community prides itself on a family-friendly atmosphere, with numerous parks and recreational areas contributing to its inviting character. Annual events, such as the Collierville Fair on the Square, showcase the town's cultural vitality and strong community bonds. The historic town square, with its quaint shops and local eateries, serves as the heart of Collierville, reflecting the town's rich heritage and contemporary spirit.

Is it easy to get around Collierville, TN without a car?

The town of Collierville is served by a robust educational system, including multiple public and private schools that cater to various educational needs, from elementary to high school levels. Healthcare is readily accessible, with several clinics and a major hospital providing a range of services from primary care to specialized treatments. The public library system is well-established, offering resources and programs for all ages. Retail and dining options are plentiful, with both local businesses and national chains present, reflecting the town's blend of traditional values and modern conveniences.

Transportation in Collierville, TN.

Transportation in Collierville includes a mix of private and public transit options, with the latter serving residents through a network of bus routes. The town's layout and infrastructure support a comfortable driving experience, with well-maintained roads and convenient access to major highways for commuting and travel. While certain areas of Collierville are pedestrian-friendly, particularly around the historic town square, the overall community is more navigable by car. The availability of ride-sharing services complements the transportation landscape, offering additional flexibility for residents.

Frequently Asked Questions About 502 Armel Dr

What is the listing price of this property?

The listing price of 502 Armel Dr property is $499,000.

What type of property is this?

The property 502 Armel Dr is a townhouse located in Collierville, Tennessee, 38017.

Is this property for sale now?

Active Listing: 502 Armel Dr is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 502 Armel Dr has 3 bedrooms and 2 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 502 Armel Dr is 2024.

Rocket Homes›Tennessee›Shelby County›Collierville›38017›502 Armel Dr

This home is located at 502 Armel Dr in Collierville, TN and zip code 38017. This home was built in 2024. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 13, 2024 and is currently priced at $499,000.

In October 2024 more than 5 listings in Collierville, TN were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 27 were sold below. The number of listings in Collierville, TN increased by 20.5% between September 2024 and October 2024.

From Rocket Homes Real Estate and based on county public records data.

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