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Collierville 38017
1287 E RAIN LAKE LN
$418,045*
House - In Contract

1287 E RAIN LAKE LN

Collierville, TN 38017
bedrooms
4 Beds
bathrooms
2 Baths
$355,000 - $433,000
Reference Base Price*
5.86%
Since Feb 1, 2023
National-US
Primary Model
Sold Mar 15, 2023
$378,750
$321,938 by Nationstar Mortgage Llc
Mortgage Due Apr 01, 2053
Sold Dec 19, 2002
$159,900
$159,900 by Dba Realnet Financial
Mortgage Due Jan 01, 2033

About This Property

For more information, contact Rachel  Gilliam at . Visit http://www.crye-leike.com/memphis/10137481 to view more pictures of this property. BRAND NEW ROOF JAN 2023! 4 Bedrooms (3 downstairs), 2 Baths brick home located in Collierville, TN. Double Garage. Collierville schools. Relax by the beautiful neighborhood lake, playground and gazebo.
Unit Size
-
Days on Market
-
Land Size
0.20 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2002
Listed By
Rachel Gilliam
Crye-Leike, Inc., REALTORS

Price History

Date / Event Date Event Price
Mar 15, 2023 Sold to Kelley L Nichols $378,750
Sold to Kelley L Nichols
Jan 29, 2023 In contract -
In contract
Jan 15, 2023 Price Decreased $394,900
↓ $3K (0.6%)
Price Decreased
Jan 8, 2023 Price Decreased $397,400
↓ $500 (0.1%)
Price Decreased
Dec 17, 2022 Price Decreased $397,900
↓ $400 (0.1%)
Price Decreased
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 441
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,576
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 670
  • Total Building Area: 2,976
  • Gross Building Area: 2,976
  • Building Area: 2,535
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,535
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RAINTREE PD PHASE 1
  • Land Acres: 0.197
  • Standard Land Use Code: Planned unit development (pud residential)
  • Legal Description 1: WS RAIN LAKE LN E SEE MAP D2-33FG

Ownership

  • Current Owner : NICHOLS KELLEY L
  • Previous Owner : KAIL CALVIN
  • Previous Owner 2: KAIL STACY
  • Owner Before Previous Owner: DELEE UPCHURCH HOMES INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Collierville School District
  • Census Tract: 021541

Zoning

  • Zoning: R-1A

Geography

  • Assessors Map Reference: MB 177-37
  • District: C
  • Parcel: C0-233F-G0-0098
  • Lot: 98
  • Municipality: COLLIERVILLE
  • Latitude: 35.0751
  • Longitude: -89.6609

    Address

  • Full Address: 1287 Rain Lake Ln E
  • Address - House Number: 1287
  • Street Segment Direction: E
  • Address - Street Name: Rain Lake
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Collierville
  • Carrier Code: C016
  • 4-Digit Zip Code: 3835
  • Zip Code: 38017

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,898

    Appraisal Valuation

  • Standard Deviation: 0.2264
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 68
  • Final Value: 405,805
  • High Value: 497,713
  • Low Value: 313,898

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $321,938
  • First Open Lien Mortgage Lender: NATIONSTAR MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Mar 15, 2023
  • First Open Lien Mortgage Loan Amount: $321,938
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2053

    Market Valuation

  • Market Total Value: $298,100
  • Market Land Value: $61,300
  • Market Improvement Value: $236,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $74,525
  • Assessed Land Value: $15,325
  • Assessed Improvements Value: $59,200

    Sales

  • Current Sale Contract Date: Mar 10, 2023
  • Current Sale Recording Date: Mar 15, 2023
  • Current Sale Transaction ID: 11903746430
  • Current Sale Price: $378,750
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20635
  • Previous Sale Recording Date: Dec 19, 2002
  • Previous Sale Contract Date: Dec 12, 2002
  • Previous Sale Amount: $159,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NATIONSTAR MORTGAGE LLC
  • First Mortgage Transaction Date: Mar 15, 2023
  • First Mortgage Loan Amount: $321,938
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: DBA REALNET FINANCIAL
  • Previous Mortgage Transaction Date: Dec 19, 2002
  • Previous Mortgage Loan Amount: $159,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jan 01, 2033

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
2.5 Baths
-
$395,000 Nov 26, 2022
-
$332/mo
House
3 Beds
2 Baths
-
$389,900 Jan 28, 2023
-
$360/mo
Townhouse
4 Beds
2.5 Baths
-
$319,999 Jan 24, 2023
-
$255/mo

About Collierville


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Frequently Asked Questions

When was property at 1287 Rain Lake Lane East built and last sold?
The property at 1287 Rain Lake Lane East was built in 2002 and last sold on Mar 10, 2023 for $378,750.
How much is this home worth?
The estimated value of the home located at 1287 Rain Lake Lane East is $402,889.
What are some comparable homes to 1287 Rain Lake Lane East?
Homes that are comparable to 1287 Rain Lake Lane East include a house property at 169 Ellas Pond Cove, a townhouse property at 1193 Clear Creek Road, a house property at 1064 Moorefield Road.

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