NOT LISTED FOR SALE

1554 E Raines Rd Memphis, TN 38116

Whitehaven Neighborhood

Estimated Value: $183,210 - $248,000

5 Beds
2.5 Baths
2,600-2,799 Sq Ft
$75/Sq Ft Est. Value

Last Sold June 15, 2022

Last sale price $169,000 $60 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,143/month

93 Days on Market

Highlights

  • Traditional Architecture
  • Den
  • Level Lot
  • Wood Flooring

About This Home

As of June 2022

Spacious home with 5 bedrooms 2 1/2 bath home. Low maintenance brick exterior and covered parking.

Last Agent to Sell the Property

Camela Henke

Enterprise, REALTORS License #307460 Listed on: 02/04/2022

Last Buyer's Agent

Jason Miller

eXp Realty, LLC License #328506

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,181

Year Built

  • Built in 1963

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 100x137
  • Level Lot

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 2,600-2,799 Sq Ft Home
  • 2,744 Sq Ft Home
  • 1.5-Story Property
  • Den

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms

Parking

  • 2 Parking Spaces
  • Carport
  • Driveway

Community Details

  • Graceland Subdivision

Listing and Financial Details

  • Assessor Parcel Number 078095 00012

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,181

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 764B
  • MAAR Subdivision Name: GRACELAND
  • List Price Per Sq Ft: 66
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 61.59
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2744
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down
  • Estimated Heated Sq Ft Range: 2600-2799
  • Bedrooms: 5
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Den
  • Total Bathrooms: 2.1

Exterior Features

  • Exterior Windows: Brick Veneer
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Carport
  • Number Covered Parking Spaces: 2
  • Parking Display: C2
  • Parking Storage: Driveway/Pad

Lot Info

  • Lot Description: Level
  • Lot Number: 807
  • Acreage: 0.31
  • Lot Size: 100X137
  • Price Per Acre: 580323

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 078095 00012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2022
Closed on
Jun 14, 2022
Sold by
Cornbread Llc
Bought by
Brown Wanda
Seller's Agent
Camela Henke
Enterprise, REALTORS
Buyer's Agent
Jason Miller
eXp Realty, LLC
List Price
$179,900
Sold Price
$169,000
Premium/Discount to List
-$10,900
-6.06%
Current Estimated Value
$190,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,805
Avg. Annual Appreciation
3.30%
Original Mortgage
$171,957
Outstanding Balance
$164,578
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$22,656

Purchase Details

Closed on
May 22, 2019
Sold by
Sji Tn Property Investments Llc
Bought by
Cornbread Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,000
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 14, 2015
Closed on
Jul 6, 2015
Sold by
Homebuyers Express
Bought by
Sji Tn Property Investments
Seller's Agent
Curt Davis
KAIZEN Realty, LLC
Buyer's Agent
Curt Davis
KAIZEN Realty, LLC
List Price
$92,900
Sold Price
$91,700
Premium/Discount to List
-$1,200
-1.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.32%
Original Mortgage
$55,020
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 18, 2014
Closed on
Sep 12, 2014
Sold by
Donovan Shaun
Bought by
Homebuyers Express
Seller's Agent
Ed Engelke
United Real Estate Mid South
Buyer's Agent
Craig Jennings
Jennings Realty
List Price
$68,000
Sold Price
$58,141
Premium/Discount to List
-$9,859
-14.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
76.75%
Original Mortgage
$68,000
Interest Rate
12%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 30, 2003
Sold by
Allen Erma
Bought by
Allen Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,983
Interest Rate
5.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 24, 1996
Sold by
Allen Rafonda D
Bought by
Allen Erma
Source: Public Records

Range of Values:

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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
Brown Wanda $169,000 Delta Title Services
Cornbread Llc $83,000 Delta Title Services Llc
Sji Tn Property Investments $91,700 Saddle Creek Title Llc
Homebuyers Express $58,141 None Available
Allen Ronald $104,600 --
Allen Erma -- Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Wanda $171,957
Previous Owner Cornbread Llc $166,000
Previous Owner Sji Tn Property Investments $55,020
Previous Owner Homebuyers Express $68,000
Previous Owner Allen Ronald $127,350
Previous Owner Allen Ronald $128,905
Previous Owner Allen Ronald $25,000
Previous Owner Allen Ronald $102,983
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2022 06/15/22 Sold $169,000 -6.1% $65 / Sq Ft
05/08/2022 05/08/22 Pending -- -- --
03/16/2022 03/16/22 For Sale $179,900 0.0% $69 / Sq Ft
03/10/2022 03/10/22 Pending -- -- --
03/03/2022 03/03/22 Price Changed $179,900 -2.7% $69 / Sq Ft
02/04/2022 02/04/22 For Sale $184,900 +101.6% $71 / Sq Ft
07/06/2015 07/06/15 Sold $91,700 -1.3% $35 / Sq Ft
04/26/2015 04/26/15 Pending -- -- --
01/14/2015 01/14/15 For Sale $92,900 +59.8% $36 / Sq Ft
09/16/2014 09/16/14 Sold $58,141 -14.5% $22 / Sq Ft
08/20/2014 08/20/14 Pending -- -- --
06/18/2014 06/18/14 For Sale $68,000 -- $26 / 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 $1,181 $59,375 $5,475 $53,900
2024 $1,181 $34,850 $4,200 $30,650
2023 $2,123 $34,850 $4,200 $30,650
2022 $2,123 $34,850 $4,200 $30,650
2021 $2,148 $34,850 $4,200 $30,650
2020 $2,072 $28,600 $4,200 $24,400
2019 $914 $28,600 $4,200 $24,400
2018 $914 $28,600 $4,200 $24,400
2017 $936 $28,600 $4,200 $24,400
2016 $1,108 $25,350 $0 $0
2014 $1,108 $25,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Camela Henke

    Seller's Agent in 2022

    Camela Henke

    Enterprise, REALTORS

    (901) 626-2990

    16 in this area

    299 Total Sales

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  • Jason Miller

    Buyer's Agent in 2022

    Jason Miller

    eXp Realty, LLC

    (901) 212-4141

    9 in this area

    236 Total Sales

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  • C

    Seller's Agent in 2015

    Curt Davis

    KAIZEN Realty, LLC

    (605) 310-7929

    13 in this area

    105 Total Sales

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  • Ed Engelke

    Seller's Agent in 2014

    Ed Engelke

    United Real Estate Mid South

    (901) 338-9814

    3 in this area

    138 Total Sales

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  • Chad Engelke

    Seller Co-Listing Agent in 2014

    Chad Engelke

    United Real Estate Mid South

    (901) 490-2760

    66 Total Sales

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  • C

    Buyer's Agent in 2014

    Craig Jennings

    Jennings Realty

    (901) 417-8427

    13 Total Sales

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10116968

Memphis Area Association of REALTORS®

APN: 07-8095-0-0012

Tennessee Shelby County Memphis 38116 Whitehaven

1554 E Raines Rd, Memphis, TN

This home is located at 1554 E Raines Rd, Memphis, TN 38116 since 04 February 2022 and is currently estimated at $210,553, approximately $75 per square foot. This property was built in 1963. 1554 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.

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