NOT LISTED FOR SALE

1408 E Raines Rd Memphis, TN 38116

Whitehaven Neighborhood

Estimated Value: $143,000 - $217,000

3 Beds
1.5 Baths
1,200-1,399 Sq Ft
$124/Sq Ft Est. Value

Last Sold January 22, 2021

Last sale price $122,000 $87 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $988/month

5 Days on Market

Highlights

  • Updated Kitchen
  • Brick Veneer
  • Central Heating and Cooling System
  • Traditional Architecture
  • Landscaped
  • Remodeled Bathroom

About This Home

As of January 2021

Totally Renovated top to bottom this property has new everything.

Last Agent to Sell the Property

Cortney Lester

Franchise Realty, LLC License #306978 Listed on: 12/11/2020

Last Buyer's Agent

Linda Boddie

Crye-Leike, Inc., REALTORS License #309326

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 81x139
  • Landscaped

Home Design

  • Traditional Architecture
  • Brick Veneer

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,234 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring
  • Iron Doors
  • Updated Kitchen
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Remodeled Bathroom

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Graceland Subdivision

Listing and Financial Details

  • Assessor Parcel Number 078096 00019

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: GRACELAND
  • List Price Per Sq Ft: 105
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1234
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Renovated Bathroom
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Vinyl Floor
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: Updated/Renovated Kitchen, Washer/Dryer Connections

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Landscaped
  • Lot Number: 519
  • Acreage: 0.25
  • Lot Size: 81X139

Tax Info

  • Assessor Parcel Number: 078096 00019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2020
Closed on
Jan 22, 2021
Sold by
Ella Residential Llc
Bought by
Hooker Marcus C and Wright Jamar Miguel
Seller's Agent
Cortney Lester
Franchise Realty, LLC
Buyer's Agent
Linda Boddie
Crye-Leike, Inc., REALTORS
List Price
$129,900
Sold Price
$122,000
Premium/Discount to List
-$7,900
-6.08%
Current Estimated Value
$173,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,306
Avg. Annual Appreciation
7.30%
Original Mortgage
$118,340
Outstanding Balance
$105,377
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$67,929

Purchase Details

Closed on
Aug 6, 2020
Sold by
Aycock Raymond S
Bought by
Ella Residential Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
3.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 17, 2008
Sold by
Gore Ramona
Bought by
Aycock Raymond S

Purchase Details

Closed on
Aug 14, 2001
Sold by
Aycock Glyndell W
Bought by
Aycock Glyndell W and Glyndell W Aycock Revocable Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hooker Marcus C $122,000 None Available
Ella Residential Llc $44,000 None Available
Aycock Raymond S -- None Available
Aycock Glyndell W -- --
Aycock Glyndell W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hooker Marcus C $118,340
Previous Owner Ella Residential Llc $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/22/2021 01/22/21 Sold $122,000 -6.1% $102 / Sq Ft
12/16/2020 12/16/20 Pending -- -- --
12/11/2020 12/11/20 For Sale $129,900 -- $108 / 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 $975 $36,625 $5,325 $31,300
2024 $975 $28,750 $4,100 $24,650
2023 $1,751 $28,750 $4,100 $24,650
2022 $1,751 $28,750 $4,100 $24,650
2021 $1,481 $20,450 $4,100 $16,350
2020 $1,288 $17,775 $4,100 $13,675
2019 $568 $17,775 $4,100 $13,675
2018 $568 $17,775 $4,100 $13,675
2017 $582 $17,775 $4,100 $13,675
2016 $704 $16,100 $0 $0
2014 $704 $16,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cortney Lester

    Seller's Agent in 2021

    Cortney Lester

    Franchise Realty, LLC

    (901) 552-8557

    3 in this area

    59 Total Sales

    Cortney Lester
    Section Image

  • L

    Buyer's Agent in 2021

    Linda Boddie

    Crye-Leike

    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10090259

Memphis Area Association of REALTORS®

APN: 07-8096-0-0019

Tennessee Shelby County Memphis 38116 Whitehaven

1408 E Raines Rd, Memphis, TN

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Memphis Area Association of REALTORS® Listing content and images Copyright 2025 Memphis Area Association of REALTORS®. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it.
Some or all of the listings displayed may not belong to the firm whose website is being visited.

Nearby Homes