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1354 Raindrop Drive

1354 Raindrop Drive, Collierville, TN 38017
Property in Shelby
Sold Jul 01, 2021
$495,000
$396,000 by Citizens Bank
Mortgage Due Jul 01, 2051
Sold Jan 27, 2010
$336,500
$200,000 by Wells Fargo Bank Na
Mortgage Due Feb 01, 2040
1354 Raindrop Drive in Collierville, TN was first built in 2009 and is 15 years old. Although, the building on the property was most recently renovated and altered in 2012. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a traditional style. There are a total of 2 floors. There are a total of 9 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 1354 Raindrop Drive has 3,783 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 14,272 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. For those who need parking, there is a attached garage. The garage is 759 sqft. There are a total of 3 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick veneer. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1354 Raindrop Drive was last sold in Jun 24, 2021 for $495,000. According to our calculations, that's $108.98 per sqft. Prior to that sales transaction, the property was sold for $336,500 in Jan 22, 2010. Current property owners are expected to pay $5,331 in taxes per year. The property on 1354 Raindrop Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $101,925. To break that down further, the land itself was valued at $18,300. While improvements to the property were assessed at a total of $83,625. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2012
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: B
  • 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: 759
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 14,272
  • Total Building Area: 4,542
  • Gross Building Area: 4,542
  • Building Area: 3,783
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,783
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RAINTREE PD PHASE II
  • Land Acres: 0.328
  • Standard Land Use Code: Planned unit development (pud residential)
  • Legal Description 1: ES RAINDROP DRIVE COR RAIN WATER DRIVE SE SEE MAP GRID 175 C

Ownership

  • Current Owner : KUMAR SANJEEV
  • Current Owner 2: SINGH MANISHA
  • Previous Owner : GIBSON NEIL
  • Previous Owner 2: GIBSON EILEEN TERESA
  • Owner Before Previous Owner: HALLMARK BUILDERS 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 246-002
  • District: C
  • Parcel: C0-233F-J0-0015
  • Lot: 116
  • Municipality: COLLIERVILLE
  • Latitude: 35.077
  • Longitude: -89.6593

    Address

  • Full Address: 1354 Rain Drop Dr
  • Address - House Number: 1354
  • Address - Street Name: Rain Drop
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Collierville
  • Carrier Code: C016
  • 4-Digit Zip Code: 3990
  • Zip Code: 38017

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,331

    Appraisal Valuation

  • Standard Deviation: 0.2281
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 68
  • Final Value: 554,791
  • High Value: 681,364
  • Low Value: 428,217

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $396,000
  • First Open Lien Mortgage Lender: CITIZENS BANK
  • First Open Lien Mortgage Recording Date: Jul 01, 2021
  • First Open Lien Mortgage Loan Amount: $396,000
  • 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: Jul 01, 2051

    Market Valuation

  • Market Total Value: $407,700
  • Market Land Value: $73,200
  • Market Improvement Value: $334,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $101,925
  • Assessed Land Value: $18,300
  • Assessed Improvements Value: $83,625

    Sales

  • Current Sale Contract Date: Jun 24, 2021
  • Current Sale Recording Date: Jul 01, 2021
  • Current Sale Transaction ID: 11841183151
  • Current Sale Price: $495,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21079455
  • Previous Sale Recording Date: Jan 27, 2010
  • Previous Sale Contract Date: Jan 22, 2010
  • Previous Sale Amount: $336,500
  • Previous Sale Document Type: Corporation Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIZENS BANK
  • First Mortgage Transaction Date: Jul 01, 2021
  • First Mortgage Loan Amount: $396,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Jan 27, 2010
  • Previous Mortgage Loan Amount: $200,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2040

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Frequently Asked Questions

What neighborhood is 1354 Raindrop Drive located in?
The 1354 Raindrop Drive is a located in the neighborhood of Shelby in Collierville, Collierville.
What is the average sales price for listings in 1354 Raindrop Drive?
The average sales price for units in 1354 Raindrop Drive is $0 currently.

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