$88,000
SOLD APR 10, 2026
4 Beds
2 Baths
2,342 Sq Ft
0.27 Acres Lot

Sale Details

Date Sold: April 10, 2026

$38 Per Sq Ft

5% Below List Price

84 on Market

Highlights

  • Wooded Lot
  • 1 Fireplace
  • 1-Story Property
  • Wood Flooring
  • Brick Veneer

About This Home

As of April 2026

This home is located at 1534 E Raines Rd, Memphis, TN 38116 and is currently priced at $88,000, approximately $37 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

Austin Rowe

Onward Real Estate License #340261 Listed on: 01/07/2026

Last Buyer's Agent

Dean Harris

CrestCore Realty MphsBrokerage License #286759

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1963

Lot Details

  • 11,761 Sq Ft Lot
  • Lot Dimensions are 90x133
  • Wooded Lot

Home Design

  • Brick Veneer

Interior Spaces

  • 2,342 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 3 Parking Spaces
  • Driveway

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

0.27 Acres

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Ranch
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: GRACELAND
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2342
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down, Primary Down
  • Bedroom 2 Description: Level 1
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Floors/Ceilings: Part Hardwood, Part Carpet
  • Full Bathrooms: 2
  • Number Of Fireplaces: 1
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Exterior Windows: Brick Veneer

Garage/Parking

  • Number Covered Parking Spaces: 3
  • Parking Display: C3D
  • Parking Storage: Driveway/Pad

Lot Info

  • Lot Description: Wooded
  • Lot Number: 805
  • Acreage: 0.27
  • Lot Size: 90X133
  • Geo Subdivision: TN

Tax Info

  • Assessor Parcel Number: 078095 00014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2026
Closed on
Apr 9, 2026
Sold by
Tennessee Housing Development Agency
Bought by
Cubeluxe Investments Llc
Seller's Agent
Austin Rowe
Onward Real Estate
Buyer's Agent
Dean Harris
CrestCore Realty MphsBrokerage
List Price
$93,000
Sold Price
$88,000
Premium/Discount to List
-$5,000
-5.38%
Views
122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1269.94%
Original Mortgage
$180,328
Outstanding Balance
$180,328
Interest Rate
6%
Mortgage Type
Construction
Estimated Equity
-$56,661

Purchase Details

Closed on
Aug 15, 2024
Sold by
Jones J Phillip
Bought by
Tennessee Housing Development Agency

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
-0.91%
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

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 Type Sale Price Title Company
Special Warranty Deed $88,000 River City Title & Escrow
Trustee Deed $90,300 None Listed On Document
Warranty Deed $130,000 None Available
Quit Claim Deed -- None Available
Deed $68,500 --
Warranty Deed $68,500 First Title Corp
Warranty Deed $68,500 First Title Corp
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 Loan Amount Loan Type
Open $180,328 Construction
Previous Owner $6,000 New Conventional
Previous Owner $127,645 FHA
Previous Owner $67,791 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/10/2026 04/10/26 Sold $88,000 -5.4% $38 / Sq Ft
04/01/2026 04/01/26 Pending -- -- --
03/26/2026 03/26/26 For Sale $93,000 0.0% $40 / Sq Ft
03/13/2026 03/13/26 Pending -- -- --
01/07/2026 01/07/26 For Sale $93,000 -28.5% $40 / Sq Ft
12/16/2020 12/16/20 Sold $130,000 -12.8% $108 / Sq Ft View Prior Sale
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

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

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10212286

Memphis Area Association of REALTORS®

APN: 07-8095-0-0014

Your Personal Tour Guide

Ask me questions while you tour the home.