NOT LISTED FOR SALE

1297 Rain Drop Dr Unit 168 Collierville, TN 38017

Estimated Value: $537,726 - $714,000

4 Beds
3 Baths
3,200-3,399 Sq Ft
$180/Sq Ft Est. Value

Last Sold August 01, 2012

Last sale price $319,900 $94 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $3,803/month

48 Days on Market

Highlights

  • Water Access
  • Landscaped Professionally
  • Traditional Architecture
  • Tara Oaks Elementary School Rated A
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of August 2012

Ashley Plan.. Fabulous new plan in Crystal Lakes!!! 4 BR/3 Baths, 2 BR down. Luxury Master bath has Walk thru Shower!! Upstairs boast 2 Bedroom, bath, large bous+expdbl area. Awesome Hearth Room Fireplace! Ask about BUILDER BONUS!

Last Agent to Sell the Property

Joyce McKenzie

Crye-Leike, Inc., REALTORS License #264527 Listed on: 05/02/2012

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Joyce McKenzie

Crye-Leike, Inc., REALTORS License #264527 Listed on: 05/02/2012

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,481

Year Built

  • Built in 2012 | Under Construction

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 70 x 127.99
  • Landscaped Professionally
  • Level Lot
  • Few Trees

HOA Fees

  • $24 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation

Interior Spaces

  • 3,200-3,399 Sq Ft Home
  • 3,538 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Two Story Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Den
  • Keeping Room
  • Attic Access Panel
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

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

Outdoor Features

  • Water Access
  • Covered patio or porch

Utilities

  • Two cooling system units
  • Two Heating Systems
  • Central Heating
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Raintree Pd Phase Ii Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number C0233F J00067

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,481

Year Built

Built in 2012 | Under Construction

Lot Details

0

HOA Fees

$24 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: RAIN LAKE
  • MLS Map #: 873D
  • MAAR Subdivision Name: RAINTREE PH2
  • Est Date Of Completion: 07/02/2012
  • Number Of Stories: 2
  • Price Per Sq Ft: 90.42
  • Prop Construction Status: Under Construction
  • Estimated Sq Ft: 3538
  • Year Built: 2012
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 2 or More Baths, Laundry Room, Keeping/Hearth Room
  • Second Story Floor Plan: 3rd Bedroom, 4th or More Bedrooms, 1 Bath
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Vaulted/Coffered Primary, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 3200-3399
  • Bedroom 2 Description: Level 1, Smooth Ceiling, Carpet
  • Bedroom 3 Description: Level 2, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 4 Description: Level 2, Shared Bath, Smooth Ceiling, Carpet
  • Bedrooms: 4
  • Bedrooms Down: 2
  • Fireplace: Ventless Gas Fireplace, In Living Room, Gas Logs
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling, Two Story Foyer
  • Full Bathrooms: 3
  • Equipment: Gas Cooking, Disposal, Dishwasher, Microwave, Cable Wired
  • Living Dining Kitchen: Separate Dining Room, Great Room, Breakfast Bar, Separate Breakfast Room, Pantry, Keeping/Hearth Room
  • Misc Interior: Walk-In Closet(s), Attic Access, Walk-In Attic, Cat/Dog Free House, Security System, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Entry Hall
  • Total Bathrooms: 3
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Vaulted/Coffered Ceiling, Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Vaulted/Coffered Ceiling, Smooth Ceiling, Tile Floor, Carpet

Exterior Features

  • Misc Exterior: Covered Patio
  • Exterior Windows: Brick Veneer, Double Pane Window(s)
  • Foundation: Slab

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: Ceiling Fan(s), Dual System, 220 Wiring
  • Heating: Central, Gas, Dual System
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Association/Amenities

  • Annual Association Fee: 285
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Level, Water Access, Professionally Landscaped
  • Lot Number: 168
  • Acreage: 0.2
  • Lot Size: 70 X 127.99

Multi Family

  • Number Of Rooms: 11

Tax Info

  • Assessor Parcel Number: C0233F J00067

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2012
Closed on
Aug 1, 2012
Sold by
Forest Hill Development Llc
Bought by
Palani Balachandran S and Balachandran Priya
Seller's Agent
Joyce McKenzie
Crye-Leike, Inc., REALTORS
Buyer's Agent
Joyce McKenzie
Crye-Leike, Inc., REALTORS
List Price
$319,900
Sold Price
$319,900
Current Estimated Value
$631,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$311,836
Avg. Annual Appreciation
5.37%
Original Mortgage
$255,920
Outstanding Balance
$179,878
Interest Rate
3.68%
Mortgage Type
New Conventional
Estimated Equity
$451,615
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Palani Balachandran S $319,900 Southern Trust Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palani Balachandran S $255,920
Previous Owner Forest Hill Development Llc $229,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2012 08/01/12 Sold $319,900 0.0% $100 / Sq Ft
06/19/2012 06/19/12 Pending -- -- --
05/02/2012 05/02/12 For Sale $319,900 -- $100 / 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 $3,481 $131,625 $23,750 $107,875
2024 $3,481 $102,675 $18,300 $84,375
2023 $5,370 $102,675 $18,300 $84,375
2022 $5,247 $102,675 $18,300 $84,375
2021 $5,308 $102,675 $18,300 $84,375
2020 $5,098 $86,700 $18,300 $68,400
2019 $3,511 $86,700 $18,300 $68,400
2018 $3,511 $86,700 $18,300 $68,400
2017 $3,563 $86,700 $18,300 $68,400
2016 $3,495 $79,975 $0 $0
2014 $3,495 $79,975 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joyce McKenzie

    Seller's Agent in 2012

    Joyce McKenzie

    Crye-Leike

    (901) 286-7110

    131 in this area

    211 Total Sales

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3246460

Memphis Area Association of REALTORS®

APN: C0-233F-J0-0067

Tennessee Shelby County Collierville 38017

1297 Rain Drop Dr Unit 168, Collierville, TN

This home is located at 1297 Rain Drop Dr Unit 168, Collierville, TN 38017 since 02 May 2012 and is currently estimated at $611,932, approximately $180 per square foot. This property was built in 2012. 1297 Rain Drop Dr Unit 168 is a home located in Shelby County with nearby schools including Tara Oaks Elementary School, West Collierville Middle School, and Collierville High School.

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