NOT LISTED FOR SALE

1508 E Raines Rd Memphis, TN 38116

Whitehaven Neighborhood

Estimated Value: $155,453

3 Beds
2 Baths
1,200-1,399 Sq Ft
$111/Sq Ft Est. Value

Sale Details

Date Sold: December 11, 2014

Last sale price $89,900 $64 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $960 / mo

57 Days on Market

Highlights

  • Traditional Architecture
  • Level Lot
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of December 2014

Welcome home to 1508 E Raines Road, a beautifully maintained 3-bedroom, 2-bathroom single-family residence offering 1,236 square feet of polished, low-maintenance living space. Tucked away in an established, accessible residential pocket of Whitehaven (38116), this standalone home perfectly pairs classic character with an ultra-functional floor plan.



The interior makes a warm and sophisticated first impression with an expansive living room featuring rich hardwood floors and oversized bright windows that flood the main living space with an abundance of comforting natural light. At the heart of the home is an open galley-style kitchen, fully optimized for the home chef with durable tile floors, extensive countertop workspace, and abundant cabinetry providing plenty of storage. Seamlessly adjacent to the kitchen is a dedicated formal dining area off the kitchen, providing an elegant setting for family meals, holiday hosting, or setting up a quiet home workspace.



Designed for practical daily utility, this home features a conveniently located laundry closet equipped with full hookups close to the main living areas for maximum convenience. With three full bedrooms and two full bathrooms, this floor plan provides excellent personal space and privacy, completely eliminating morning friction for a busy household. Step outside to find your private outdoor retreat: a spacious, fully fenced-in backyard. This secure green space acts as a quiet oasis for hosting weekend BBQs, gardening, or letting pets and loved ones play in total privacy.



Professionally managed by REI Nation Real Estate Services, this move-in-ready Memphis home ensures the high standard of maintenance and reliable tenant service you deserve.



Schedule your private tour today by visiting or calling our leasing team at .
This property allows self guided viewing without an appointment. Contact for details.

Last Agent to Sell the Property

Mark Saller

Reedy Group II, LLC License #239921 Listed on: 09/03/2014

Last Buyer's Agent

Mark Saller

Reedy Group II, LLC License #239921 Listed on: 09/03/2014

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Lot Details

  • 10,454 Sq Ft Lot
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,248 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Graceland Subdivision

Listing and Financial Details

  • Assessor Parcel Number 078095 00017

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

10,454 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: GRACELAND
  • List Price Per Sq Ft: 72
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1248
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 2

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 508
  • Acreage: 0.24

Tax Info

  • Assessor Parcel Number: 078095 00017

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2014
Closed on
Dec 9, 2014
Sold by
Memphis Invest Gp
Bought by
Seller's Agent
Mark Saller
Reedy Group II, LLC
Buyer's Agent
Mark Saller
Reedy Group II, LLC
List Price
$89,900
Sold Price
$89,900
Current Estimated Value
$155,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,553
Avg. Annual Appreciation
4.76%

Purchase Details

Closed on
Aug 21, 2014
Sold by
Evans Lakisha
Bought by
Memphis Invest Gp

Purchase Details

Closed on
Jun 20, 2008
Sold by
Kinder Karen Cowger and Madsen William C
Bought by
Evans Lakisha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,411
Interest Rate
6.43%
Mortgage Type
FHA
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Whitehaven, TN

  • Jason Miller Real Estate Agent - eXp Realty, LLC

    Jason Miller

    Responds Quickly

    eXp Realty, LLC

    (901) 531-9258

    235 Total Sales

    8 in Whitehaven

    $70K - $355K Price Range

    Jason Miller
     Section Image
  • Carrie Stewart Real Estate Agent - Regency Realty, LLC

    Carrie Stewart

    Regency Realty, LLC

    (901) 425-0719

    72 Total Sales

    1 in Whitehaven

    $87,500 Price

    Carrie Stewart
     Section Image
  • Haydn Wiseman Real Estate Agent - Cahltrep Realty, LLC

    Haydn Wiseman

    Cahltrep Realty, LLC

    (901) 267-5622

    85 Total Sales

    5 in Whitehaven

    $63K - $125K Price Range

    Haydn Wiseman
     Section Image
  • Realis Sanders Real Estate Agent - Keller Williams

    Realis Sanders

    Keller Williams

    (901) 437-7971

    54 Total Sales

    2 in Whitehaven

    $35K - $200K Price Range

    Realis Sanders
     Section Image
  • Meleah Thurmond-Edwards Real Estate Agent - KAIZEN Realty, LLC

    Meleah Thurmond-Edwards

    KAIZEN Realty, LLC

    (901) 666-6918

    73 Total Sales

    1 in Whitehaven

    $87,000 Price

    Meleah Thurmond-Edwards
     Section Image
  • Africa McCloy Real Estate Agent - Crye-Leike, Inc., REALTORS

    Africa McCloy

    Crye-Leike, Inc., REALTORS

    (901) 350-2528

    126 Total Sales

    3 in Whitehaven

    $10K - $115K Price Range

    Africa McCloy
     Section Image
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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 Buyer Sale Price Title Company
$89,900 Chicago Title Insurance Co
Memphis Invest Gp $38,500 None Available
Evans Lakisha $75,000 None Available
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $74,411
Source: Public Records

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
08/31/2026 08/31/26 Price Changed $1,250 +2.0% $1 / Sq Ft
08/26/2026 08/26/26 Price Changed $1,225 -2.0% $1 / Sq Ft
08/06/2026 08/06/26 For Rent $1,250 0.0% --
12/11/2014 12/11/14 Sold $89,900 0.0% $75 / Sq Ft
10/30/2014 10/30/14 Pending -- -- --
09/03/2014 09/03/14 For Sale $89,900 -- $75 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $1,001 $37,200 $5,300 $31,900
2024 $951 $28,050 $4,075 $23,975
2023 $1,709 $28,050 $4,075 $23,975
2022 $1,709 $28,050 $4,075 $23,975
2021 $1,729 $28,050 $4,075 $23,975
2020 $1,614 $22,275 $4,075 $18,200
2019 $1,614 $22,275 $4,075 $18,200
2018 $1,614 $22,275 $4,075 $18,200
2017 $916 $22,275 $4,075 $18,200
2016 $746 $17,075 $0 $0
2014 $746 $17,075 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • MS

    Seller's Agent in 2014

    Mark Saller

    Reedy Group II, LLC

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9936431

Memphis Area Association of REALTORS®

APN: 07-8095-0-0017

Tennessee Shelby County Memphis 38116 Whitehaven

1508 E Raines Rd, Memphis, TN

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Memphis Area Association of REALTORS® Listing content and images Copyright 2026 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.
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