NOT LISTED FOR SALE

1534 E Raines Rd Memphis, TN 38116

Whitehaven Neighborhood

Estimated Value: $103,000 - $178,000

4 Beds
2 Baths
1,200-1,399 Sq Ft
$94/Sq Ft Est. Value

Last Sold December 16, 2020

Last sale price $130,000 $93 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $773/month

141 Days on Market

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Den
  • Wood Flooring
  • Separate Formal Living Room
  • Brick Veneer

About This Home

As of December 2020

This home is located at 1534 E Raines Rd, Memphis, TN 38116 since 02 June 2020 and is currently estimated at $131,000, approximately $109 per square foot. This property was built in 1963. 1534 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: 06/02/2020

REMAX Experts

Last Buyer's Agent

John Amaefula

REMAX Experts License #272750 Listed on: 06/02/2020

REMAX Experts

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1963

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 100x100
  • Level Lot

Home Design

  • Traditional Architecture
  • Brick Veneer

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,758 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Separate Formal Living Room
  • Dining Room
  • Den
  • Iron Doors

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 4 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 00014

Home Details

Home Type

Single Family

Year Built

Built in 1963

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: 85
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1758
  • Year Built: 1963
  • 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: 4
  • Bedrooms Down: 4
  • Floors/Ceilings: Part Hardwood, Part Carpet
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den
  • Master Bedroom Dimensions: 13X13
  • 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: Level
  • Lot Number: 805
  • Acreage: 0.27
  • Lot Size: 100X100

Tax Info

  • Assessor Parcel Number: 078095 00014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2024
Sold by
Jones J Phillip
Bought by
Tennessee Housing Development Agency
Current Estimated Value
$131,000

Purchase Details

Listed on
Jun 2, 2020
Closed on
Dec 16, 2020
Sold by
Hemelenders Express
Bought by
Chapman Tammy
Seller's Agent
John Amaefula
REMAX Experts
Buyer's Agent
John Amaefula
REMAX Experts
List Price
$116,000
Sold Price
$130,000
Premium/Discount to List
$14,000
12.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.15%
Original Mortgage
$6,000
Interest Rate
2.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2018
Sold by
Thomason Patricia
Bought by
Homelenders Express Llc

Purchase Details

Closed on
Apr 19, 1996
Bought by
Ward Lester C and Ward Pauline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,791
Interest Rate
7.77%
Mortgage Type
FHA
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
Tennessee Housing Development Agency $90,300 None Listed On Document
Chapman Tammy $130,000 None Available
Homelenders Express Llc -- None Available
Ward Lester C $68,500 --
Thomason Reaver $68,500 First Title Corp
Thomason Reaver $68,500 First Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chapman Tammy $6,000
Previous Owner Chapman Tammy $127,645
Previous Owner Thomason Reaver $67,791
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2020 12/16/20 Sold $130,000 -12.8% $108 / Sq Ft
10/21/2020 10/21/20 Pending -- -- --
10/20/2020 10/20/20 Price Changed $149,000 +14.6% $124 / Sq Ft
10/13/2020 10/13/20 Price Changed $130,000 +12.1% $108 / Sq Ft
06/02/2020 06/02/20 For Sale $116,000 -- $97 / 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 $1,067 -- -- --
2024 $1,067 $31,475 $4,125 $27,350
2023 $1,917 $31,475 $4,125 $27,350
2022 $1,917 $31,475 $4,125 $27,350
2021 $1,086 $31,475 $4,125 $27,350
2020 $1,648 $22,750 $4,125 $18,625
2019 $727 $22,750 $4,125 $18,625
2018 $727 $22,750 $4,125 $18,625
2017 $744 $22,750 $4,125 $18,625
2016 $942 $21,550 $0 $0
2014 $942 $21,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Amaefula

    Seller's Agent in 2020

    John Amaefula

    RE/MAX

    (901) 649-4924

    4 in this area

    28 Total Sales

    John Amaefula
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10077694

Memphis Area Association of REALTORS®

APN: 07-8095-0-0014

Tennessee Shelby County Memphis 38116 Whitehaven

1534 E Raines Rd, Memphis, TN

Not Listed for Sale

Detached

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