NOT LISTED FOR SALE

1370 Rain Lake Ln E Collierville, TN 38017

Estimated Value: $435,000 - $473,000

4 Beds
2.5 Baths
2,720 Sq Ft
$167/Sq Ft Est. Value

Last Sold April 29, 2013

Last sale price $221,000 $81 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $2,645/month

Highlights

  • Water Views
  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Tara Oaks Elementary School Rated A
  • Wood Flooring
  • Whirlpool Bathtub

About This Home

As of April 2013

Freshly painted inside & out.Home features new roof,carpet,and stainless steel appl.2 Story Entry w/ hardwood floors in Entry & Dining.4Br/2.5Ba home w/ living room,dining room,and hearth room off the kitchen.Check out the lake view from the front porch!

Last Agent to Sell the Property

Sandra Irby

Keller Williams License #293456 Listed on: 02/18/2013

Keller Williams

Last Buyer's Agent

Doug Damico

Crye-Leike, Inc., REALTORS License #302738

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,850

Year Built

  • Built in 2003

Lot Details

  • 10,454 Sq Ft Lot
  • Wood Fence
  • Corner Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 2,720 Sq Ft Home
  • 1.5-Story Property
  • Some Wood Windows
  • Living Room with Fireplace
  • Dining Room
  • Keeping Room
  • Water Views
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Whirlpool Bathtub
  • Separate Shower

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Driveway

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System

Community Details

  • Raintree Pd Phase 1 Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number C0233F G00081

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,850

Year Built

Built in 2003

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 PH1
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 81.25
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2720
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 1/2 Bath, 1 Bath, Laundry Room, Keeping/Hearth Room
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, 4th or More Bedrooms, 1 Bath
  • Additional Bedroom Bathroom Info: Primary Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedrooms: 4
  • Bedrooms Down: 1
  • Fireplace: In Living Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Dishwasher, Refrigerator
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Eat-In Kitchen, Pantry, Keeping/Hearth Room
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room
  • Total Bathrooms: 2.1
  • Primary Bathroom Description: Whirlpool Tub, Separate Shower

Exterior Features

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

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Driveway/Pad, Side-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Water View, Corner, Wood Fenced
  • Lot Number: 81
  • Acreage: 0.24
  • Keeping Hearth Dimension: 14x11
  • Lot Size: 10649 SF 76 X 120

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: C0233F G00081

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2013
Closed on
May 1, 2013
Sold by
Wells Fargo Financial Tennessee 1 Llc
Bought by
Damico Charles Doug Las and Damico Kelly A Smithson
Seller's Agent
Sandra Irby
Keller Williams
Buyer's Agent
Doug Damico
Crye-Leike, Inc., REALTORS
List Price
$219,000
Sold Price
$221,000
Premium/Discount to List
$2,000
0.91%
Current Estimated Value
$455,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,443
Avg. Annual Appreciation
5.97%
Original Mortgage
$198,900
Outstanding Balance
$140,689
Interest Rate
3.44%
Mortgage Type
New Conventional
Estimated Equity
$314,754

Purchase Details

Closed on
Oct 29, 2012
Sold by
Kemp Kevin and Kemp Rebecca
Bought by
Wells Fargo Financial Tennessee 1 Llc

Purchase Details

Closed on
Feb 27, 2003
Sold by
Laney/Brentwood Homes Llc
Bought by
Kemp Kevin and Kemp Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.88%

Purchase Details

Closed on
Nov 6, 2000
Sold by
Mcbride Tami L
Bought by
Laney/Brentwood Homes Llc

Purchase Details

Closed on
Apr 21, 2000
Sold by
Laney Brentwood Homes Llc
Bought by
Mcbride Tami L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,711
Interest Rate
8.23%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Damico Charles Doug Las $221,000 Change Of Title Inc
Wells Fargo Financial Tennessee 1 Llc -- --
Kemp Kevin $240,000 --
Laney/Brentwood Homes Llc -- --
Mcbride Tami L $69,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Damico Charles Doug Las $198,900
Previous Owner Kemp Kevin $240,000
Previous Owner Mcbride Tami L $63,711
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2013 04/29/13 Sold $221,000 +0.9% $81 / Sq Ft
03/18/2013 03/18/13 Pending -- -- --
02/18/2013 02/18/13 For Sale $219,000 -- $81 / 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 $2,850 $112,475 $22,750 $89,725
2024 $2,850 $84,075 $15,325 $68,750
2023 $4,397 $84,075 $15,325 $68,750
2022 $4,296 $84,075 $15,325 $68,750
2021 $4,347 $84,075 $15,325 $68,750
2020 $4,117 $70,025 $15,325 $54,700
2019 $2,836 $70,025 $15,325 $54,700
2018 $2,836 $70,025 $15,325 $54,700
2017 $2,878 $70,025 $15,325 $54,700
2016 $2,667 $61,025 $0 $0
2014 $2,667 $61,025 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3265417

Memphis Area Association of REALTORS®

APN: C0-233F-G0-0081