NOT LISTED FOR SALE

1402 Rain Drop Dr Unit 133 Collierville, TN 38017

Estimated Value: $528,393 - $585,000

4 Beds
3 Baths
3,061 Sq Ft
$178/Sq Ft Est. Value

Last Sold August 30, 2013

Last sale price $304,000 $99 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $3,165/month

Highlights

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

About This Home

As of August 2013

Newest Home on the Block, Ready and waiting for you! Quality Features include Hardwood Flrs, Smooth Celings, Bull-nose Corners, Granite, and SS Appliances. 4 bedrooms (2dn) and 3 full baths. Upstairs boasts 2 addtnl bedrooms, bath & Bonus Rm Complete.

Last Agent to Sell the Property

Joyce McKenzie

Crye-Leike, Inc., REALTORS License #264527 Listed on: 05/08/2013

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

JOHN JOHNSON

Adaro Realty, Inc. License #293066

Adaro Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,356

Year Built

  • Built in 2012 | Under Construction

Lot Details

  • 9,148 Sq Ft Lot
  • Landscaped Professionally
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation

Interior Spaces

  • 3,061 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 J00020

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,356

Year Built

Built in 2012 | Under Construction

Lot Details

0

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: 08/01/2013
  • Number Of Stories: 2
  • Price Per Sq Ft: 99.31
  • Prop Construction Status: Under Construction
  • Estimated Sq Ft: 3061
  • 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: Not Available
  • 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

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Level, Water Access, Professionally Landscaped
  • Lot Number: 121
  • Acreage: 0.21
  • Lot Size: 86.66 X 126.63 IRR

Multi Family

  • Number Of Rooms: 11

Tax Info

  • Assessor Parcel Number: C0233F J00020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 14, 2021
Sold by
Lolakapuri Laxmi N and Kala Naga Rohini
Bought by
Lolakapuri Laxmi Narashima Sai and Kala Naga Rohini
Current Estimated Value
$543,598

Purchase Details

Listed on
May 8, 2013
Closed on
Aug 22, 2013
Sold by
Forest Hill Development Llc
Bought by
Lolakapuri Laxmi N and Kala Naga Rohini
Seller's Agent
Joyce McKenzie
Crye-Leike, Inc., REALTORS
Buyer's Agent
JOHN JOHNSON
Adaro Realty, Inc.
List Price
$300,000
Sold Price
$304,000
Premium/Discount to List
$4,000
1.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.90%
Original Mortgage
$243,200
Outstanding Balance
$181,507
Interest Rate
4.48%
Mortgage Type
New Conventional
Estimated Equity
$362,091

Purchase Details

Closed on
Jan 11, 2013
Sold by
Red Sea Llc
Bought by
Forest Hill Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
3.36%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lolakapuri Laxmi Narashima Sai -- None Available
Lolakapuri Laxmi N $304,000 None Available
Forest Hill Development Llc $55,000 Southern Trust Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lolakapuri Laxmi N $243,200
Previous Owner Forest Hill Development Llc $232,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2013 08/30/13 Sold $304,000 +1.3% $99 / Sq Ft
07/22/2013 07/22/13 Pending -- -- --
05/08/2013 05/08/13 For Sale $300,000 -- $98 / 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 $3,356 $124,400 $23,750 $100,650
2024 $3,356 $99,000 $18,300 $80,700
2023 $5,178 $99,000 $18,300 $80,700
2022 $5,059 $99,000 $18,300 $80,700
2021 $5,118 $99,000 $18,300 $80,700
2020 $4,786 $81,400 $18,300 $63,100
2019 $3,297 $81,400 $18,300 $63,100
2018 $3,297 $81,400 $18,300 $63,100
2017 $3,346 $81,400 $18,300 $63,100
2016 $3,332 $76,250 $0 $0
2014 $3,332 $76,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joyce McKenzie

    Seller's Agent in 2013

    Joyce McKenzie

    Crye-Leike

    (901) 286-7110

    136 in this area

    211 Total Sales

    Joyce McKenzie
    Section Image

  • J

    Buyer's Agent in 2013

    JOHN JOHNSON

    Adaro Realty, Inc.

    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3271187

Memphis Area Association of REALTORS®

APN: C0-233F-J0-0020

Tennessee Shelby County Collierville 38017

1402 Rain Drop Dr Unit 133, Collierville, TN

This home is located at 1402 Rain Drop Dr Unit 133, Collierville, TN 38017 since 08 May 2013 and is currently estimated at $543,598, approximately $177 per square foot. This property was built in 2012. 1402 Rain Drop Dr Unit 133 is a home located in Shelby County with nearby schools including Tara Oaks Elementary School, West Collierville Middle School, and Collierville High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Memphis Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Some or all of the listings displayed may not belong to the firm whose website is being visited. Copyright© 2025 Memphis Area Association of REALTORS®.

Nearby Homes