NOT LISTED FOR SALE

1320 Rain Drop Dr Collierville, TN 38017

Estimated Value: $492,000 - $537,000

4 Beds
3 Baths
3,000-3,199 Sq Ft
$159/Sq Ft Est. Value

Last Sold January 09, 2023

Last sale price $455,000 $142 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,946/month

47 Days on Market

Highlights

  • Community Lake
  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Tara Oaks Elementary School Rated A
  • Wood Flooring
  • Attic

About This Home

As of January 2023

Classic all-brick home located in a sought-after lake community in Collierville. Wonderful open floor plan featuring arched doorways, tons of natural light, and beautiful hardwood floors. The stylish eat-in kitchen offers natural wood cabinets, granite countertops and stainless steel appliances. Inviting living room with floor-to-ceiling windows and cozy fireplace. Primary and a Guest Suite located on first floor. Seller offering $5000 concession towards point buy down with acceptable offer!

Last Agent to Sell the Property

Mandy Cushenberry

Fast Track Realty, LLC License #355292 Listed on: 11/17/2022

Last Buyer's Agent

Jeanette Lin

Pinnacle Realty License #318772

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2010

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 70 x 128.52
  • Wood Fence
  • Few Trees

HOA Fees

  • $30 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 3,000-3,199 Sq Ft Home
  • 3,109 Sq Ft Home
  • 1.5-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • 1 Fireplace
  • Double Pane Windows
  • Window Treatments
  • Great Room
  • Breakfast Room
  • Dining Room
  • Den
  • Bonus Room
  • Keeping Room
  • Laundry Room
  • Attic

Kitchen

  • Double Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • 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
  • Bathtub With Separate Shower Stall

Home Security

  • Fire and Smoke Detector
  • Iron Doors

Parking

  • 2 Car Garage
  • Front Facing Garage

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Raintree Pd Phase II Subdivision
  • Mandatory home owners association
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number C0233F J00010

Home Details

Home Type

Single Family

Year Built

Built in 2010

Lot Details

0

HOA Fees

$30 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: RAINTREE PH2
  • List Price Per Sq Ft: 150
  • Number Of Stories: 1.5
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3109
  • Year Built: 2010
  • 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, 2 or More Baths, Laundry Room, Keeping/Hearth Room, Breakfast Room
  • Second Story Floor Plan: 3rd Bedroom, 4th or More Bedrooms, 1 Bath, Bonus Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Separate Tub & Shower, Full Bath Down
  • Estimated Heated Sq Ft Range: 3000-3199
  • Bedroom 2 Description: Hardwood Floor, Level 1
  • Bedroom 3 Description: Hardwood Floor, Level 2
  • Bedroom 4 Description: Hardwood Floor, Level 2
  • Bedrooms: 4
  • Bedrooms Down: 2
  • Floors/Ceilings: Hardwood Throughout, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 3
  • Equipment: Range/Oven, Self Cleaning Oven, Double Oven, Disposal, Dishwasher, Microwave, Refrigerator
  • Living Dining Kitchen: Separate Dining Room, Great Room, Pantry, Island In Kitchen, Keeping/Hearth Room
  • Misc Interior: All Window Treatments, Walk-In Attic, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Bonus Room, Attic
  • Primary Bathroom Description: Double Sinks
  • P R I M A R Y B E D R O O M: Full Bath, Hardwood Floor, Level 1, Walk-In Closet

Exterior Features

  • Misc Exterior: Covered Patio
  • Exterior Windows: Brick Veneer, Double Pane Window(s), Steel Insulated Door(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2
  • Parking Storage: Front-Load Garage

Utilities

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

Association/Amenities

  • Annual Association Fee: 360
  • Neighborhood Amenities: Lake
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Wood Fenced
  • Lot Number: 111
  • Acreage: 0.2
  • Lot Size: 70 X 128.52

Tax Info

  • Assessor Parcel Number: C0233F J00010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2022
Closed on
Jan 9, 2023
Sold by
Griffith Robert E and Griffith Yayoi
Bought by
Hu Linghui
Seller's Agent
Mandy Cushenberry
Fast Track Realty, LLC
Buyer's Agent
Jeanette Lin
Pinnacle Realty
List Price
$475,000
Sold Price
$455,000
Premium/Discount to List
-$20,000
-4.21%
Views
39
Current Estimated Value
$507,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,242
Avg. Annual Appreciation
3.74%
Original Mortgage
$364,000
Outstanding Balance
$352,179
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$155,063

Purchase Details

Listed on
Jul 22, 2016
Closed on
Oct 14, 2016
Sold by
Bartos Alexander and Bartos Natasha A
Bought by
Griffith Robert E and Griffith Yayoi T
Seller's Agent
Joshua Hisaw
Keller Williams
Buyer's Agent
Donna Strazi
KAIZEN Realty, LLC
List Price
$315,000
Sold Price
$288,000
Premium/Discount to List
-$27,000
-8.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.60%
Original Mortgage
$294,192
Interest Rate
3.44%
Mortgage Type
VA

Purchase Details

Closed on
Jun 11, 2012
Sold by
Bartos Alexander
Bought by
Bartos Alexander and Bartos Natasha A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,400
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2010
Sold by
Forest Hill Development Llc
Bought by
Bartos Alexander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,400
Interest Rate
4.94%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 Buyer Sale Price Title Company
Hu Linghui $455,000 Baymark Title & Escrow Service
Griffith Robert E $288,000 None Available
Bartos Alexander -- Southern Trust Title Company
Bartos Alexander $283,000 Southern Trust Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hu Linghui $364,000
Previous Owner Griffith Robert E $294,192
Previous Owner Bartos Alexander $238,400
Previous Owner Bartos Alexander $226,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/09/2023 01/09/23 Sold $455,000 -2.2% $152 / Sq Ft
01/03/2023 01/03/23 Pending -- -- --
12/07/2022 12/07/22 Price Changed $465,000 -2.1% $155 / Sq Ft
11/17/2022 11/17/22 For Sale $475,000 +64.9% $158 / Sq Ft
10/14/2016 10/14/16 Sold $288,000 -8.6% $96 / Sq Ft View Prior Sale
08/30/2016 08/30/16 Pending -- -- --
07/22/2016 07/22/16 For Sale $315,000 -- $105 / 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 $3,099 $118,825 $23,750 $95,075
2024 $3,099 $91,425 $18,300 $73,125
2023 $4,782 $91,425 $18,300 $73,125
2022 $4,672 $91,425 $18,300 $73,125
2021 $5,486 $91,425 $18,300 $73,125
2020 $2,980 $73,575 $18,300 $55,275
2019 $2,980 $73,575 $18,300 $55,275
2018 $2,980 $73,575 $18,300 $55,275
2017 $4,223 $73,575 $18,300 $55,275
2016 $3,170 $72,550 $0 $0
2014 $3,170 $72,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mandy Cushenberry

    Seller's Agent in 2023

    Mandy Cushenberry

    Fast Track Realty, LLC

    (202) 812-2356

    19 in this area

    40 Total Sales

    Mandy Cushenberry
    Section Image
  • Jeanette Lin

    Buyer's Agent in 2023

    Jeanette Lin

    Pinnacle Realty

    (901) 335-7447

    6 in this area

    236 Total Sales

    Jeanette Lin
    Section Image
  • Joshua Hisaw

    Seller's Agent in 2016

    Joshua Hisaw

    Keller Williams

    (901) 459-3423

    10 in this area

    258 Total Sales

    Joshua Hisaw
    Section Image
  • Misty Gossett

    Seller Co-Listing Agent in 2016

    Misty Gossett

    Crye-Leike

    (901) 606-5205

    1 in this area

    36 Total Sales

    Misty Gossett
    Section Image

  • D

    Buyer's Agent in 2016

    Donna Strazi

    KAIZEN Realty, LLC

    (901) 487-6593

    2 in this area

    22 Total Sales

    Donna Strazi
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10137816

Memphis Area Association of REALTORS®

APN: C0-233F-J0-0010

Tennessee Shelby County Collierville 38017

1320 Rain Drop Dr, Collierville, TN

Not Listed for Sale

Detached

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