1402 Rain Drop Dr Collierville, TN 38017
Estimated Value: $507,998 - $578,000
4
Beds
3
Baths
3,526
Sq Ft
$157/Sq Ft
Est. Value
About This Home
This home is located at 1402 Rain Drop Dr, Collierville, TN 38017 and is currently estimated at $554,250, approximately $157 per square foot. 1402 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.
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
Purchase Details
Closed on
Aug 22, 2013
Sold by
Forest Hill Development Llc
Bought by
Lolakapuri Laxmi N and Kala Naga Rohini
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,200
Outstanding Balance
$181,507
Interest Rate
4.48%
Mortgage Type
New Conventional
Estimated Equity
$372,743
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
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Home Values in the Area
Average Home Value in this Area
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
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
Map
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