NOT LISTED FOR SALE

1384 Rain Lake Ln E Collierville, TN 38017

Estimated Value: $469,000 - $525,000

4 Beds
3 Baths
2,600-2,799 Sq Ft
$175/Sq Ft Est. Value

Last Sold August 30, 2017

Last sale price $300,000 $107 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,866/month

Highlights

  • Water Views
  • Sitting Area In Primary Bedroom
  • Landscaped Professionally
  • Tara Oaks Elementary School Rated A
  • Updated Kitchen
  • Community Lake

About This Home

As of August 2017

Beautiful home and perfect floor plan! Master +2 bedrooms down (split), 1 bedroom up with huge bonus and office/study area. 3 full baths. Immaculate kitchen with new appliances, granite and island! You will love the attention to detail. Fresh paint. Gorgeous private backyard/covered patio and view of the lake out front! Outdoor lighting, too. Hardwood floors in living/dining! Washer/dryer stay. Over 2750 sq ft. Collierville Schools!

Last Agent to Sell the Property

Maureen Fraser

John Green & Co., REALTORS License #302741 Listed on: 07/25/2017

Last Buyer's Agent

Suniti Sinha

Crye-Leike, Inc., REALTORS License #328689

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,992

Year Built

  • Built in 2004

Lot Details

  • 8,276 Sq Ft Lot
  • Wood Fence
  • Landscaped Professionally
  • Few Trees

HOA Fees

  • $25 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,600-2,799 Sq Ft Home
  • 2,746 Sq Ft Home
  • 1.5-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Some Wood Windows
  • Window Treatments
  • Entrance Foyer
  • Great Room
  • Breakfast Room
  • Dining Room
  • Den with Fireplace
  • Bonus Room
  • Water Views
  • Attic Access Panel

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Home Security System
  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Air
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number C0233F G00079

Community Details

Overview

  • Raintree Pd Phase 1 Subdivision
  • Mandatory home owners association
  • Community Lake

Recreation

  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,992

Year Built

Built in 2004

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Sweet Rain
  • MLS Map #: 873D
  • MAAR Subdivision Name: RAINTREE PH1
  • List Price Per Sq Ft: 109
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 109.25
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2746
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Laundry Room, Breakfast Room
  • Second Story Floor Plan: 4th or More Bedrooms, 1 Bath, Office, Bonus Room
  • Additional Bedroom Bathroom Info: Primary Down, Vaulted/Coffered Primary, Split Bedroom Plan, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Full Bath Down
  • Estimated Heated Sq Ft Range: 2600-2799
  • Bedroom 2 Description: Level 1, Shared Bath, Carpet
  • Bedroom 3 Description: Level 1, Shared Bath, Carpet
  • Bedroom 4 Description: Level 2, Shared Bath, Carpet
  • Bedrooms: 4
  • Bedrooms Down: 3
  • Fireplace: Vented Gas Fireplace, In Den/Great Room, Gas Logs
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, 9 or more Ft. Ceiling
  • Full Bathrooms: 3
  • Equipment: Range/Oven, Double Oven, Disposal, Dishwasher, Microwave, Cable Wired, Cable Available
  • Living Dining Kitchen: Separate Dining Room, Great Room, Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar, Separate Breakfast Room, Pantry, Island In Kitchen, Washer/Dryer Connections
  • Misc Interior: All Window Treatments, Attic Access, Walk-In Attic, Security System, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Bonus Room, Entry Hall, Attic
  • Total Bathrooms: 3
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Vaulted/Coffered Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Sitting Area, Vaulted/Coffered Ceiling, Carpet

Exterior Features

  • Misc Exterior: Porch, Patio, Covered Patio
  • Exterior Windows: Brick Veneer, Wood/Composition, Storm Door(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

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

Utilities

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

Association/Amenities

  • Annual Association Fee: 300
  • Neighborhood Amenities: Lake, Recreation Facilities
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Water View, Professionally Landscaped, Wood Fenced
  • Lot Number: 79
  • Acreage: 0.19
  • Lot Size: 8400 SF 70 X 120
  • Price Per Acre: 1578421

Multi Family

  • Number Of Rooms: 10

Tax Info

  • Assessor Parcel Number: C0233F G00079

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2017
Closed on
Aug 30, 2017
Sold by
Collins Stephen and Collins Charlotta D
Bought by
Kumar Akshay and Gera Ritika
Seller's Agent
Maureen Fraser
John Green & Co., REALTORS
Buyer's Agent
Suniti Sinha
Crye-Leike, Inc., REALTORS
List Price
$299,900
Sold Price
$300,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$490,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,357
Avg. Annual Appreciation
6.22%
Original Mortgage
$240,000
Outstanding Balance
$195,377
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$294,980

Purchase Details

Listed on
Mar 21, 2015
Closed on
Jun 25, 2015
Sold by
Nabors Michael
Bought by
Collins Stephen and Collins Charlotta D
Seller's Agent
Joyce Chasteen
Crye-Leike, Inc., REALTORS
Buyer's Agent
Maureen Fraser
John Green & Co., REALTORS
List Price
$275,000
Sold Price
$254,500
Premium/Discount to List
-$20,500
-7.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.84%
Original Mortgage
$249,872
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 19, 2004
Sold by
Richardsons Brentwood Homes Inc
Bought by
Nabors Donna F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,600
Interest Rate
6.24%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 5, 2004
Sold by
Laney Brentwood Homes Llc
Bought by
Richardsons Brentwood 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
$198,400
Interest Rate
5.77%
Mortgage Type
Construction
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
Kumar Akshay $300,000 Closetrak Closing & Title Sv
Collins Stephen $254,500 Closetrak Title
Nabors Donna F $249,900 --
Richardsons Brentwood Homes Inc $59,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kumar Akshay $240,000
Previous Owner Collins Stephen $249,872
Previous Owner Nabors Donna F $199,600
Previous Owner Richardsons Brentwood Homes Inc $198,400
Closed Nabors Donna F $37,485
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/30/2017 08/30/17 Sold $300,000 0.0% $115 / Sq Ft
07/30/2017 07/30/17 Pending -- -- --
07/25/2017 07/25/17 For Sale $299,900 +17.8% $115 / Sq Ft
06/25/2015 06/25/15 Sold $254,500 -7.5% $98 / Sq Ft View Prior Sale
06/02/2015 06/02/15 Pending -- -- --
03/21/2015 03/21/15 For Sale $275,000 -- $106 / 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 $2,992 $117,950 $22,750 $95,200
2024 $2,992 $88,250 $15,325 $72,925
2023 $4,615 $88,250 $15,325 $72,925
2022 $4,510 $88,250 $15,325 $72,925
2021 $4,563 $88,250 $15,325 $72,925
2020 $4,267 $72,575 $15,325 $57,250
2019 $2,939 $72,575 $15,325 $57,250
2018 $2,939 $72,575 $15,325 $57,250
2017 $2,983 $72,575 $15,325 $57,250
2016 $2,703 $61,850 $0 $0
2014 $2,703 $61,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10007652

Memphis Area Association of REALTORS®

APN: C0-233F-G0-0079