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

Opportunity knocks with this spacious 4-bedroom, 2-bath home located at 1534 E Raines Rd. With over 2,000 square feet of potential, this property is perfect for investors or savvy buyers looking for a renovation project. The home needs repairs and updates throughout and is being sold AS IS—no repairs will be made by the seller.

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
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
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
12/04/2025 12/04/25 For Sale $99,000 0.0% $42 / Sq Ft
11/05/2025 11/05/25 Pending -- -- --
11/03/2025 11/03/25 Price Changed $99,000 -4.8% $42 / Sq Ft
07/31/2025 07/31/25 For Sale $104,000 -20.0% $44 / 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

  • Austin Rowe

    Seller's Agent in 2025

    Austin Rowe

    Onward Real Estate

    (901) 734-5758

    66 Total Sales

    Austin Rowe
    Section Image
  • 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
See All Agents

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

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