NOT LISTED FOR SALE

1321 Rain Drop Dr Collierville, TN 38017

Estimated Value: $503,083 - $592,000

4 Beds
3 Baths
3,200-3,399 Sq Ft
$160/Sq Ft Est. Value

Last Sold July 10, 2013

Last sale price $300,000 $88 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $3,213/month

70 Days on Market

Highlights

  • Landscaped Professionally
  • Community Lake
  • Vaulted Ceiling
  • Tara Oaks Elementary School Rated A
  • Fireplace in Hearth Room
  • Traditional Architecture

About This Home

As of July 2013

Oh My Goodness! Gorgeous home w/granite, hardwood, island, 2 bedrooms down, gas cooktop, double ovens. Fridge & playset stay. Neighborhood lake!

Last Agent to Sell the Property

Pennie Barclay

Coldwell Banker Collins-Maury License #271306 Listed on: 03/15/2013

Last Buyer's Agent

Terry Roach

Adaro Realty, Inc. License #245195

Adaro Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,246

Year Built

  • Built in 2008

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 70 x 127.99
  • Wood Fence
  • Landscaped Professionally
  • Level Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 3,200-3,399 Sq Ft Home
  • 3,300 Sq Ft Home
  • 1.5-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Fireplace in Hearth Room
  • Window Treatments
  • Aluminum Window Frames
  • Two Story Entrance Foyer
  • Dining Room
  • Den
  • Loft
  • Bonus Room
  • Keeping Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • 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

  • 3 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number C0233F J00064

Community Details

Overview

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

Recreation

  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,246

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 873D
  • MAAR Subdivision Name: RAINTREE PH2
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 90.91
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3300
  • Year Built: 2008
  • 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
  • Second Story Floor Plan: 3rd Bedroom, 4th or More Bedrooms, 1 Bath, Bonus Room
  • Additional Bedroom Bathroom Info: Primary Down, Vaulted/Coffered Primary, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Full Bath Down
  • Estimated Heated Sq Ft Range: 3200-3399
  • Bedroom 2 Description: Level 1, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 3 Description: Level 2, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 4 Description: Level 2, Smooth Ceiling, Carpet
  • Bedrooms: 4
  • Bedrooms Down: 2
  • Fireplace: Ventless Gas Fireplace, In Keeping/Hearth room, Gas Starter, 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: Range/Oven, Self Cleaning Oven, Disposal, Dishwasher, Microwave, Cable Wired, Cable Available
  • Living Dining Kitchen: Separate Dining Room, Separate Den, Eat-In Kitchen, Pantry, Island In Kitchen, Keeping/Hearth Room
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Security System, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Bonus Room, Entry Hall, Loft/Balcony
  • 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, Vaulted/Coffered Ceiling, Smooth Ceiling, Carpet

Exterior Features

  • Misc Exterior: Patio, Nbrhd Recreation Facility
  • Exterior Windows: Aluminum Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 3
  • Parking Display: G3A
  • Parking Storage: Garage Door Opener(s), Side-Load Garage

Utilities

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

Association/Amenities

  • Neighborhood Amenities: Lake
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Level, Professionally Landscaped, Wood Fenced
  • Lot Number: 165
  • Acreage: 0.2
  • Keeping Hearth Dimension: 15X13
  • Lot Size: 70 X 127.99

Multi Family

  • Number Of Rooms: 9

Tax Info

  • Assessor Parcel Number: C0233F J00064

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2013
Closed on
Jul 10, 2013
Sold by
Alvey Jared M and Alvey Kristin W
Bought by
Poluri Ravi K and Poluri Shailaja
Seller's Agent
Pennie Barclay
Coldwell Banker Collins-Maury
Buyer's Agent
Terry Roach
Adaro Realty, Inc.
List Price
$310,000
Sold Price
$300,000
Premium/Discount to List
-$10,000
-3.23%
Current Estimated Value
$544,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,271
Avg. Annual Appreciation
5.34%
Original Mortgage
$270,000
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2008
Sold by
Hallmark Builders Inc
Bought by
Alvey Kristin W and Alvey Jared M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,065
Interest Rate
6.51%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Poluri Ravi K $300,000 Tri State Title & Escrow Inc
Alvey Kristin W $317,850 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Poluri Ravi K $224,500
Closed Poluri Ravi K $270,000
Previous Owner Alvey Kristin W $286,065
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2013 07/10/13 Sold $300,000 -3.2% $94 / Sq Ft
05/24/2013 05/24/13 Pending -- -- --
03/15/2013 03/15/13 For Sale $310,000 -- $97 / 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 $3,246 $119,025 $23,750 $95,275
2024 $3,246 $95,750 $18,300 $77,450
2023 $5,008 $95,750 $18,300 $77,450
2022 $4,893 $95,750 $18,300 $77,450
2021 $4,950 $95,750 $18,300 $77,450
2020 $4,789 $81,450 $18,300 $63,150
2019 $3,299 $81,450 $18,300 $63,150
2018 $3,299 $81,450 $18,300 $63,150
2017 $3,348 $81,450 $18,300 $63,150
2016 $3,399 $77,775 $0 $0
2014 $3,399 $77,775 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2013

    Pennie Barclay

    Coldwell Banker Collins-Maury

  • Terry Roach

    Buyer's Agent in 2013

    Terry Roach

    Adaro Realty, Inc.

    (901) 258-6710

    2 in this area

    27 Total Sales

    Terry Roach
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3267357

Memphis Area Association of REALTORS®

APN: C0-233F-J0-0064

Tennessee Shelby County Collierville 38017

1321 Rain Drop Dr, Collierville, TN

This home is located at 1321 Rain Drop Dr, Collierville, TN 38017 since 15 March 2013 and is currently estimated at $544,271, approximately $160 per square foot. This property was built in 2008. 1321 Rain Drop Dr 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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