Welcome to 505 Fernleigh Cv, a spacious 5-bedroom, 2.5-bath home offering over 3,000 square feet in desirable Collierville! Located on a quiet cove, this home offers all new carpet, new paint, generous living spaces, a cozy fireplace, attached garage, and a versatile floor plan with plenty of room for everyday living and entertaining. Enjoy a sizable yard and a location convenient to shopping, dining, parks, and Collierville schools. With its combination of space, location, and potential, this is a wonderful opportunity to make a home in Collierville your own. Schedule your private showing today!
Memphis Area Association of Realtors(R) MLS #10228768
Oct 1, 2026
Price Changed
$478,900
Sep 15, 2026
Price Changed
$488,900
Aug 20, 2026
Listed
$498,900
MMLS #10181706
Dec 26, 2024
Rental Removed
$2,600
Dec 10, 2024
Price Changed
$2,600
Sep 21, 2024
Listed for Rent
$2,800
Public Records
Dec 13, 2004
Sold
$259,500
Memphis Area Association of Realtors(R) MLS #2580606
Nov 24, 2004
Sold
$260,000
Sep 27, 2004
Listed
$259,900
CENDANT MOBILITY OWNED. GORGEOUS HOME ON COVE LOT. TWO STORY ENTRY, VAULTED CEILINGS AND ARCHED ENTRIES. HUGE KITCHEN GREAT FOR A FAMILY.
Public Records
Oct 15, 2004
Sold
$259,500
Public Records
Dec 29, 1998
Sold
$228,900
Memphis Area Association of Realtors(R) MLS #9807432
Apr 22, 1998
Listed
$228,900
Public Records
Apr 21, 1998
Sold
$39,000
Year
Property tax
Land + Additions
Assessment*
2025
$5,208 (+8.4%)
$12,825 + $108,000
$120,825
2024
$4,805
$12,825 + $108,000
$120,825
2023
$4,805 (+2.3%)
$12,825 + $79,050
$91,875
2022
$4,695 (−1.2%)
$12,825 + $79,050
$91,875
2021
$4,750 (+4.7%)
$12,825 + $79,050
$91,875
2020
$4,536 (+45.2%)
$12,825 + $79,050
$91,875
2019
$3,125
$12,825 + $64,325
$77,150
2018
$3,125 (−1.5%)
$12,825 + $64,325
$77,150
2017
$3,171 (+12.0%)
$12,825 + $64,325
$77,150
2016
$2,830
$12,825 + $64,325
$77,150
2014
$2,830
$12,825 + $51,950
$64,775
Public record
Public record
Zoning
Beds
7
Baths
2.5
Stories
1.7
Lot width
—
Lot depth
—
Lot size
0.3 Acres
Year renovated
—
Finished Sq. Ft.
3,073
Unfinished Sq. Ft.
—
Total Sq. Ft.
3,073
Year built
1998
Style
Single Family Residential
County
Shelby County
APN
C0245Y E00010
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 22, 2026.
R-1
PD
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.
Zone overlays
Planned Development District
Permitted uses
Include but are not limited to:
Housing-Single unit
Educational/school
Fire house
Police station
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
7/10 Heat Factor
7 days above 109° expected this year, 22 days in 30 years
4/10 Wind Factor
16% 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
87
65
75
55
65
47
54
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
93/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Collierville. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.7 hrs
6.5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 505 Fernleigh Cv
$470,971
$7,929 under list price of $479K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $460K to $500K.