NOT LISTED FOR SALE

1402 Rain Drop Dr Collierville, TN 38017

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

4 Beds
3 Baths
3,526 Sq Ft
$154/Sq Ft Est. Value

About This Home

This home is located at 1402 Rain Drop Dr, Collierville, TN 38017 and is currently estimated at $543,598, approximately $154 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
$543,598

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
$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

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ICE

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First American

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Quantarium

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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
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 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

Map

Tennessee Shelby County Collierville 38017

1402 Rain Drop Dr, Collierville, TN

This home is located at 1402 Rain Drop Dr, Collierville, TN 38017 and is currently estimated at $543,598, approximately $154 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.

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