Memphis · Home sale
12555 Mags Ln in Collierville sells for $1.25 million
A single-family home at 12555 Mags Ln, Collierville sold for $1,250,000 on August 13, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $1,250,000
- Sold
- August 13, 2026
- Property type
- Single-family home
- Living area
- 5,449 sq ft
- Price per sq ft
- $229
- Year built
- 2024
The $1,250,000 sale price was 11.9 times the most recent earlier sale on record: $105,000 in 2024, according to the Shelby County Assessor of Property's sales records.
The single-family home at 12555 Mags Ln in Collierville sold on August 13, 2026, according to the sales records. The record lists Graham & Lauren Haynes as the buyer.
An aerial photo shows open land around the property.
The Assessor's records show 4 bedrooms and 5.5 bathrooms, 5,449 square feet of living area, a 2024 construction date and a 18,156-square-foot lot. The price works out to $229 per square foot; the market value on record is $1,024,600, and the sale price is 22% above that.
What this sale costs to close
What does closing cost at this price? Under Shelby County custom the seller's larger charges are $350 for the settlement / closing fee and $45 for the wire / courier / payoff processing. With a 5% commission, the seller's estimated net is $1,182,482 before any mortgage payoff. A buyer putting 20% down would need about $278,603 at closing.
Source: Shelby County Assessor of Property, qualified sales (Shelby County ReGIS), document 26071387. Property details: Shelby County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
