NOT LISTED FOR SALE

1405 Rain Lake Ln W Collierville, TN 38017

Estimated Value: $512,000 - $581,000

5 Beds
3.5 Baths
3,400-3,599 Sq Ft
$149/Sq Ft Est. Value

Last Sold June 02, 2014

Last sale price $305,000 $85 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $3,163/month

Highlights

  • Community Lake
  • Fireplace in Hearth Room
  • Wood Flooring
  • Tara Oaks Elementary School Rated A
  • Traditional Architecture
  • Main Floor Primary Bedroom

About This Home

As of June 2014

THIS BEATIFUL READY TO MOVE IN CONDITION 5BR & 3.5BATH(JACK&JILL) 2 STORY HAS ALL. BRAND NEW HARDWOOD FLOOR IN FOYER, DINING & GREAT/LIVING ROOM. NEW CARPET IN 2ND BR. TILE FLOORS IN KITCHEN, BREAKFAST, OFFICE, HALLWAY, LAUNDRY, KEEPING & ALL BATH ROOMS.

Last Agent to Sell the Property

Su Hong

First National Realty, REALTOR License #291729 Listed on: 01/31/2014

Last Buyer's Agent

Adam Fisher

Sell901 Real Estate License #327686

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,388

Year Built

  • Built in 2009

Lot Details

  • 8,712 Sq Ft Lot
  • Wood Fence
  • Landscaped
  • Level Lot
  • Few Trees

HOA Fees

  • $27 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Property Attached
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 3,400-3,599 Sq Ft Home
  • 3,444 Sq Ft Home
  • 1.1-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Fireplace in Hearth Room
  • Window Treatments
  • Great Room
  • Separate Formal Living Room
  • Breakfast Room
  • Dining Room
  • Den
  • Bonus Room
  • Attic Access Panel
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Double Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Dressing Area
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Separate Shower

Parking

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

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Heating System Uses Gas

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number C0233F J00041

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,388

Year Built

Built in 2009

Lot Details

0

HOA Fees

$27 per month

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • MLS Map #: 873D
  • MAAR Subdivision Name: RAINTREE PH2
  • List Price Per Sq Ft: 91
  • Number Of Stories: 1.1
  • Price Per Sq Ft: 88.56
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3444
  • Year Built: 2009
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 1/2 Bath, 1 Bath
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, 4th or More Bedrooms, 1 Bath, Bonus Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Luxury Primary Bath
  • Estimated Heated Sq Ft Range: 3400-3599
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 2
  • Bedroom 4 Description: Level 2
  • Bedroom 5 Description: Level 2
  • Bedrooms: 5
  • Bedrooms Down: 2
  • Fireplace: In Keeping/Hearth room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Equipment: Self Cleaning Oven, Double Oven, Gas Cooking, Disposal, Dishwasher, Microwave
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Great Room, Breakfast Bar, Separate Breakfast Room, Pantry
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Attic Access, Walk-In Attic
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room
  • Total Bathrooms: 3.1
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Dressing Area, Smooth Ceiling, Tile Floor, Carpet
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath

Exterior Features

  • Misc Exterior: Covered Patio
  • Exterior Windows: Brick Veneer
  • 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), Dual System
  • Heating: Central, Gas, Dual System
  • Water Sewer: Public Water, Public Sewer

Association/Amenities

  • Annual Association Fee: 324
  • Neighborhood Amenities: Lake
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Level, Landscaped, Wood Fenced
  • Lot Number: 142
  • Acreage: 0.2
  • Lot Size: 70.02 X 127.88 IRR
  • Price Per Acre: 1575000

Multi Family

  • Number Of Rooms: 9

Tax Info

  • Assessor Parcel Number: C0233F J00041

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2014
Closed on
May 23, 2014
Sold by
Jang Jooyong and Kang Aelee
Bought by
Winchell David C and Winchell Holly T
Seller's Agent
Su Hong
First National Realty, REALTOR
Buyer's Agent
Adam Fisher
Sell901 Real Estate
List Price
$315,000
Sold Price
$305,000
Premium/Discount to List
-$10,000
-3.17%
Current Estimated Value
$537,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,779
Avg. Annual Appreciation
5.11%
Original Mortgage
$240,000
Outstanding Balance
$183,113
Interest Rate
4.36%
Mortgage Type
New Conventional
Estimated Equity
$354,666

Purchase Details

Closed on
Jun 9, 2010
Sold by
Hallmark Builders Inc
Bought by
Jang Jooyong and Kang Aelee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.75%
Mortgage Type
Seller Take Back
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
Winchell David C $305,000 Realty Title & Escrow Co Inc
Jang Jooyong $308,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Winchell David C $240,000
Previous Owner Jang Jooyong $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/02/2014 06/02/14 Sold $305,000 -3.2% $90 / Sq Ft
05/05/2014 05/05/14 Pending -- -- --
01/31/2014 01/31/14 For Sale $315,000 -- $93 / 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 $3,388 $124,450 $23,750 $100,700
2024 $3,388 $99,950 $18,300 $81,650
2023 $5,227 $99,950 $18,300 $81,650
2022 $5,107 $99,950 $18,300 $81,650
2021 $5,167 $99,950 $18,300 $81,650
2020 $4,958 $84,325 $18,300 $66,025
2019 $3,415 $84,325 $18,300 $66,025
2018 $3,415 $84,325 $18,300 $66,025
2017 $3,466 $84,325 $18,300 $66,025
2016 $3,447 $78,875 $0 $0
2014 $3,447 $78,875 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2014

    Su Hong

    First National Realty, REALTOR

  • A

    Buyer's Agent in 2014

    Adam Fisher

    Sell901 Real Estate

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3293541

Memphis Area Association of REALTORS®

APN: C0-233F-J0-0041

Tennessee Shelby County Collierville 38017

1405 Rain Lake Ln W, Collierville, TN

This home is located at 1405 Rain Lake Ln W, Collierville, TN 38017 since 31 January 2014 and is currently estimated at $537,779, approximately $149 per square foot. This property was built in 2009. 1405 Rain Lake Ln W 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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