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586 Lancelot Ln

Collierville, TN 38017

3 bd 2 ba 2,352 sqft Built 1980 Lot 14,986 sqft single_family
Most recent sale
$375,000
Jun 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 22, 2025 Price changed for rent $2,195 Rently
Oct 13, 2025 Price changed for rent $2,250 Rently
Sep 23, 2025 Listed for rent $2,350 Rently
Dec 11, 2024 Price changed for rent $2,195 Rently
Dec 9, 2024 Price changed for rent $2,150 Rently
Dec 2, 2024 Price changed for rent $2,195 Rently
Nov 15, 2024 Price changed for rent $2,250 Rently
Nov 4, 2024 Price changed for rent $2,295 Rently
Nov 1, 2024 Price changed for rent $2,350 Rently
Oct 21, 2024 Price changed for rent $2,400 Rently
Oct 12, 2024 Price changed for rent $2,395 Rently
Oct 5, 2024 Price changed for rent $2,450 Rently
Oct 1, 2024 Listed for rent $2,495 Rently
Sep 27, 2024 Listed for rent $2,495 Memphis
Jun 29, 2022 Sold $375,000 Public Record
Jun 14, 2022 Price changed for rent $2,450 Rently
Jun 9, 2022 Listed for rent $2,495 Rently
May 18, 2022 Listed $399,900 MLS #10124260
Feb 15, 2022 Sold $307,000 Public Record
Jan 28, 2022 Sold $264,664 Public Record
Jan 30, 2018 Sold $247,500 Public Record
Jan 26, 2018 Listing removed $250,000 Memphis
Nov 14, 2017 Listed $250,000 MLS #10015538
Nov 10, 2017 Listing removed $250,000 Memphis
Aug 1, 2017 Relisted $250,000 MLS #10001803
Jul 30, 2017 Listing removed $250,000 Memphis
Jun 8, 2017 Price changed $250,000 MLS #10001803
May 6, 2017 Listed $254,900 MLS #10001803
Apr 29, 2016 Sold $125,000 Public Record
Jan 4, 2012 Listing removed $1,600 Memphis
Dec 5, 2011 Listed for rent $1,600 Memphis
Oct 27, 2011 Listing removed $189,900 Memphis
Aug 18, 2011 Relisted $189,900 MLS #3222186
Aug 9, 2011 Listing removed $189,900 Memphis
Jun 13, 2011 Price changed $189,900 MLS #3222186
Apr 20, 2011 Listed $199,500 MLS #3222186
Nov 3, 2010 Listing removed $199,500 Memphis
Jul 8, 2010 Listed $199,500 MLS #3203159
Jun 16, 1995 Sold $128,000 Public Record
Jan 1, 1995 Sold $128,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $89,725 $14,350 $104,075 $4,485
2024 $89,725 $14,350 $104,075 $3,949
2023 $61,175 $14,350 $75,525 $3,949
2022 $61,175 $14,350 $75,525 $3,859
2021 $61,175 $14,350 $75,525 $3,904
2020 $43,425 $14,350 $57,775 $3,397
2019 $43,425 $14,350 $57,775 $2,340
2018 $43,425 $14,350 $57,775 $2,340
2017 $43,425 $14,350 $57,775 $2,375
2016 $32,550 $14,350 $46,900 $2,050
2015 $32,550 $14,350 $46,900 $2,050
2014 $32,550 $14,350 $46,900 $2,050
2013 $32,550 $14,350 $46,900 $2,073
2012 $39,200 $14,350 $53,550 $2,174
2010 $39,200 $14,350 $53,550 $2,174
2007 $35,400 $10,825 $46,225 $2,482
2006 $35,400 $10,825 $46,225 $2,482

Property facts

Year built
1980
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,352 sqft
Lot size
14,986 sqft
ZIP code
38017
City
Collierville
Street
Lancelot Ln
Coordinates
35.05570, -89.64697

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,528
Gross rental yield
11.29%
Implied cap rate
7.34%
Trend-extrapolated value

Frequently asked questions

When did 586 Lancelot Ln last sell?
586 Lancelot Ln most recently sold on Jun 29, 2022 for $375,000.
What is the current tax assessment for 586 Lancelot Ln?
The most recent total assessment for 586 Lancelot Ln (year 2025) is $104,075 with $4,485 in property tax.
How does 586 Lancelot Ln's assessment compare to its last sale price?
The current assessment is 72.2% below the last sale price of $375,000.
When was 586 Lancelot Ln built?
586 Lancelot Ln was built in 1980.
How does 586 Lancelot Ln compare to others on Lancelot Ln?
We track 8 other properties on Lancelot Ln. Browse the list under "Other properties on Lancelot Ln" to compare beds, baths, and sale history.
What are the property facts for 586 Lancelot Ln?
586 Lancelot Ln is a 3 bed, 2 bath, 2,352 sqft, 14,986 sqft lot single_family.
Is 586 Lancelot Ln a flip candidate?
Yes — 586 Lancelot Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 586 Lancelot Ln a tax-appeal candidate?
No — 586 Lancelot Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.9%
Implied 1-yr
-7.5%
2026 Q3
$604.4K
2026 Q4
$591.5K
ZIP 38017 — Median Price History + Forecast

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