NOT LISTED FOR SALE

1524 E Raines Rd Memphis, TN 38116

Whitehaven Neighborhood

Estimated Value: $166,000 - $242,000

4 Beds
2 Baths
2,400-2,599 Sq Ft
$78/Sq Ft Est. Value

Last Sold February 05, 2021

Last sale price $145,000 $56 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,147/month

370 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Wood Flooring
  • Separate Formal Living Room
  • Traditional Architecture
  • 1 Fireplace
  • Brick Veneer

About This Home

As of February 2021

This home is located at 1524 E Raines Rd, Memphis, TN 38116 since 10 January 2020 and is currently estimated at $203,436, approximately $84 per square foot. This property was built in 1960. 1524 E Raines Rd is a home located in Shelby County with nearby schools including Robert R. Church Elementary School, A. Maceo Walker Middle School, and Freedom Preparatory Academy Elementary School.

Last Agent to Sell the Property

John Amaefula

REMAX Experts License #272750 Listed on: 01/10/2020

REMAX Experts

Last Buyer's Agent

John Amaefula

REMAX Experts License #272750 Listed on: 01/10/2020

REMAX Experts

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 100x105
  • Few Trees

Home Design

  • Traditional Architecture
  • Brick Veneer

Interior Spaces

  • 2,400-2,599 Sq Ft Home
  • 2,456 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Separate Formal Living Room
  • Iron Doors

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • All Bedrooms Down
  • 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 00015

Home Details

Home Type

Single Family

Year Built

Built in 1960

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: 62
  • Number Of Stories: 2
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2456
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 2400-2599
  • Bedrooms: 4
  • Bedrooms Down: 3
  • Floors/Ceilings: Wall to Wall Carpet, Part Hardwood
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room
  • Number Of Fireplaces: 1

Exterior Features

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

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 804
  • Acreage: 0.25
  • Lot Size: 100X105

Tax Info

  • Assessor Parcel Number: 078095 00015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2020
Closed on
Feb 5, 2021
Sold by
Conner Eddie L and Conner Andrena S
Bought by
Dawson Nya
Seller's Agent
John Amaefula
REMAX Experts
Buyer's Agent
John Amaefula
REMAX Experts
List Price
$147,000
Sold Price
$145,000
Premium/Discount to List
-$2,000
-1.36%
Current Estimated Value
$203,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,436
Avg. Annual Appreciation
7.20%
Original Mortgage
$142,373
Outstanding Balance
$127,116
Interest Rate
2.6%
Mortgage Type
FHA
Estimated Equity
$76,320

Purchase Details

Closed on
Jul 17, 1995
Bought by
Conner Eddie L and Conner Andrena S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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
Dawson Nya $145,000 None Available
Conner Eddie L $84,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dawson Nya $142,373
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2021 02/05/21 Sold $145,000 -4.6% $60 / Sq Ft
01/14/2021 01/14/21 Pending -- -- --
12/18/2020 12/18/20 Price Changed $152,000 +3.4% $63 / Sq Ft
11/11/2020 11/11/20 For Sale $147,000 0.0% $61 / Sq Ft
09/22/2020 09/22/20 Pending -- -- --
06/09/2020 06/09/20 Price Changed $147,000 +1.4% $61 / Sq Ft
01/10/2020 01/10/20 For Sale $145,000 -- $60 / 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 $970 $48,300 $5,325 $42,975
2024 $970 $28,600 $4,100 $24,500
2023 $1,742 $28,600 $4,100 $24,500
2022 $1,742 $28,600 $4,100 $24,500
2021 $987 $28,600 $4,100 $24,500
2020 $1,784 $24,625 $4,100 $20,525
2019 $787 $24,625 $4,100 $20,525
2018 $787 $24,625 $4,100 $20,525
2017 $806 $24,625 $4,100 $20,525
2016 $899 $20,575 $0 $0
2014 $899 $20,575 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Amaefula

    Seller's Agent in 2021

    John Amaefula

    RE/MAX

    (901) 649-4924

    4 in this area

    27 Total Sales

    John Amaefula
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10068736

Memphis Area Association of REALTORS®

APN: 07-8095-0-0015

Tennessee Shelby County Memphis 38116 Whitehaven

1524 E Raines Rd, Memphis, TN

Not Listed for Sale

Detached

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