$420,000
SOLD MAR 13, 2025

1287 Rain Lake Ln E Collierville, TN 38017

4 Beds
2 Baths
2,000-2,199 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$191 Per Sq Ft

1% Below List Price

3 Days on Market

Highlights

  • Landscaped Professionally
  • Community Lake
  • Main Floor Primary Bedroom
  • Tara Oaks Elementary School Rated A
  • Traditional Architecture
  • Great Room

About This Home

As of March 2025

Step into this charming brick home in the sought-after Rain Tree subdivision! You'll be greeted by a welcoming covered front door...hello amazon... and an inviting interior. Find comfort & style in this delightful 4 bedroom, 2 bath home offering a versatile split bedroom layout with a bonus or 4th bedroom upstairs. Head outside to enjoy the private fenced back yard with a patio - perfect for a bbq & entertaining family and guests . Roof replaced in 2023! 2 car garage. The neighborhood boasts wonderful amenities including a serene lake, playground, & a picturesque gazebo! Come see everything this home has to offer before it's too late!

Last Agent to Sell the Property

Joyce McKenzie

Crye-Leike, Inc., REALTORS License #264527 Listed on: 01/20/2025

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Scott Perryman

The Porter Group License #335485

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2002

Lot Details

  • 8,712 Sq Ft Lot
  • Wood Fence
  • Landscaped Professionally

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,000-2,199 Sq Ft Home
  • 2,128 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Some Wood Windows
  • Great Room
  • Breakfast Room
  • Dining Room
  • Den with Fireplace
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub With Separate Shower Stall

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Raintree Pd Phase 1 Subdivision
  • Mandatory Home Owners Association
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number C0233F G00098

Home Details

Home Type

Single Family

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: RAINTREE PH1
  • Number Of Stories: 1.5
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2128
  • Year Built: 2002
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Second Story Floor Plan: 4th or More Bedrooms
  • Additional Bedroom Bathroom Info: Primary Down, Split Bedroom Plan, Luxury Primary Bath, Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 2000-2199
  • Bedroom 2 Description: Level 1, Tile Floor
  • Bedroom 3 Description: Level 1, Tile Floor
  • Bedroom 4 Description: Level 2, Carpet
  • Bedrooms: 4
  • Bedrooms Down: 3
  • Fireplace: In Den/Great Room
  • Floors/Ceilings: Part Carpet, Tile
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Disposal, Dishwasher, Microwave
  • Living Dining Kitchen: Separate Dining Room, Great Room, Breakfast Bar, Separate Breakfast Room
  • Misc Interior: Walk-In Closet(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Tile Floor

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Garage Door Opener(s), Front-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central, Gas
  • Water Sewer: Public Water, Public Sewer

Association/Amenities

  • Neighborhood Amenities: Lake
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Professionally Landscaped, Wood Fenced
  • Lot Number: 98
  • Acreage: 0.2
  • Lot Size: 8576 SF 67 X 120
  • Geo Subdivision: TN

Tax Info

  • Assessor Parcel Number: C0233F G00098

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2022
Closed on
Mar 10, 2023
Sold by
Kail Calvin and Kail Stacy
Bought by
Nichols Kelley L
Seller's Agent
Rachel Gilliam
Crye-Leike, Inc., REALTORS
Buyer's Agent
Joyce McKenzie
Crye-Leike, Inc., REALTORS
List Price
$398,900
Sold Price
$378,750
Premium/Discount to List
-$20,150
-5.05%
Views
150
Current Estimated Value
$414,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,360
Avg. Annual Appreciation
3.25%
Original Mortgage
$321,938
Outstanding Balance
$312,847
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$101,263

Purchase Details

Closed on
Dec 12, 2002
Sold by
Delee Upchurch Homes Inc
Bought by
Kail Calvin and Kail Stacy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,900
Interest Rate
6.07%

Purchase Details

Closed on
Oct 7, 2002
Sold by
Laney/Brentwood Homes Llc
Bought by
Delee Upchurch Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.21%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $378,750 --
Warranty Deed $159,900 --
Warranty Deed $109,800 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $321,938 New Conventional
Previous Owner $25,000 Commercial
Previous Owner $25,000 Credit Line Revolving
Previous Owner $143,000 New Conventional
Previous Owner $12,500 Credit Line Revolving
Previous Owner $156,000 Unknown
Previous Owner $159,900 No Value Available
Previous Owner $280,000 Construction
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/13/2025 03/13/25 Sold $420,000 -1.2% $210 / Sq Ft
01/23/2025 01/23/25 Pending -- -- --
01/20/2025 01/20/25 For Sale $425,000 +12.2% $213 / Sq Ft
03/10/2023 03/10/23 Sold $378,750 0.0% $167 / Sq Ft View Prior Sale
02/13/2023 02/13/23 Off Market $378,750 -- --
01/13/2023 01/13/23 Price Changed $394,900 -0.6% $174 / Sq Ft
01/06/2023 01/06/23 Price Changed $397,400 -0.1% $175 / Sq Ft
12/15/2022 12/15/22 Price Changed $397,900 -0.1% $175 / Sq Ft
12/15/2022 12/15/22 Price Changed $398,300 0.0% $175 / Sq Ft
11/29/2022 11/29/22 Price Changed $398,400 -0.1% $175 / Sq Ft
11/11/2022 11/11/22 For Sale $398,900 -- $176 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,526 $99,925 $22,750 $77,175
2024 $2,526 $74,525 $15,325 $59,200
2023 $3,898 $74,525 $15,325 $59,200
2022 $3,808 $74,525 $15,325 $59,200
2021 $3,853 $74,525 $15,325 $59,200
2020 $3,599 $61,200 $15,325 $45,875
2019 $2,479 $61,200 $15,325 $45,875
2018 $2,479 $61,200 $15,325 $45,875
2017 $2,515 $61,200 $15,325 $45,875
2016 $2,365 $54,125 $0 $0
2014 $2,365 $56,975 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10188446

Memphis Area Association of REALTORS®

APN: C0-233F-G0-0098