1163 W Raines Rd Memphis, TN 38109
Westwood NeighborhoodEstimated payment $295/month
About This Lot
Prime Development Opportunity | 3.31 Acres *Boundaries- For illustrative purposes only. Drawn boundaries are approximate Rare opportunity to secure 3.31 acres with direct access to Main Street, making it an excellent candidate for residential development or a custom private estate. With approximate lot dimensions of 300 x 400, this parcel offers ample space and flexibility for a variety of future plans. Its strong street access, generous footprint, and development potential make this property especially attractive for builders, investors, or buyers looking to create something with long-term value. Whether you’re exploring a small residential project or holding land in a growing area, this tract offers a solid foundation and visibility that is hard to find.
Property Details
Property Type
- Land
Lot Details
- 3.31 Acre Lot
- Lot Dimensions are 300x400
- Level Lot
- Hillside Location
- Property is zoned R-6 Re
Location
- City Lot
Community Details
- Union Central Life Ins Co Subdivision
Listing and Financial Details
- Assessor Parcel Number 082027 00076
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $2,169 | $58,430 | $10,800 | $47,630 |
| 2024 | $1,999 | $58,430 | $10,800 | $47,630 |
| 2023 | $1,863 | $58,430 | $10,800 | $47,630 |
| 2022 | $1,693 | $29,220 | $8,000 | $21,220 |
| 2021 | $1,693 | $29,220 | $8,000 | $21,220 |
| 2020 | $1,585 | $29,220 | $8,000 | $21,220 |
| 2019 | $1,441 | $24,870 | $4,800 | $20,070 |
| 2018 | $1,441 | $24,870 | $4,800 | $20,070 |
| 2017 | $1,429 | $24,870 | $4,800 | $20,070 |
| 2016 | $1,429 | $24,870 | $4,800 | $20,070 |
| 2015 | $1,362 | $24,870 | $4,800 | $20,070 |
| 2014 | $1,395 | $25,950 | $4,800 | $21,150 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/24/2026 08/24/26 | Price Changed | $46,900 | -2.1% | -- | |
| 08/10/2026 08/10/26 | Price Changed | $47,900 | -4.0% | -- | |
| 07/27/2026 07/27/26 | Price Changed | $49,900 | -3.9% | -- | |
| 05/15/2026 05/15/26 | For Sale | $51,900 | -13.5% | -- | |
| 01/26/2026 01/26/26 | For Sale | $60,000 | +361.5% | -- | |
| 07/26/2019 07/26/19 | Sold | $13,000 | 0.0% | -- | View Prior Sale |
| 07/26/2019 07/26/19 | Sold | $13,000 | -35.0% | -- | View Prior Sale |
| 07/26/2019 07/26/19 | Pending | -- | -- | -- | |
| 07/11/2019 07/11/19 | Pending | -- | -- | -- | |
| 07/03/2019 07/03/19 | Price Changed | $20,000 | -33.3% | -- | |
| 05/01/2019 05/01/19 | Price Changed | $30,000 | -50.0% | -- | |
| 04/10/2019 04/10/19 | For Sale | $60,000 | +990.9% | -- | |
| 08/19/2015 08/19/15 | Sold | $5,500 | -52.2% | -- | View Prior Sale |
| 08/05/2015 08/05/15 | Pending | -- | -- | -- | |
| 11/13/2014 11/13/14 | For Sale | $11,500 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $13,000 | None Available | |
| Warranty Deed | $5,500 | Preferred Title & Escrow Llc |
Source: Memphis Area Association of REALTORS®
MLS Number: 10225462
APN: 08-2027-0-0076
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