1554 E Raines Rd Memphis, TN 38116
Whitehaven Neighborhood
5
Beds
2.5
Baths
2,600-2,799
Sq Ft
0.31
Acres
Highlights
- Traditional Architecture
- Wood Flooring
- Central Heating and Cooling System
About This Home
As of June 2022Unique home with separate lower guest living area. 3 bed 1.5 bath up and 2 bed 1 bath with full kitchen and living area down. Separate parking area and covered patio. Plenty of room. Lots or hardwood floors and tile. Home currently rented out for $950. Do not disturb tenants.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,181
Year Built
- Built in 1963
Home Design
- Traditional Architecture
Interior Spaces
- 2,600-2,799 Sq Ft Home
- 2,628 Sq Ft Home
- 2-Story Property
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms | 2 Main Level Bedrooms
Parking
- 2 Parking Spaces
- Carport
- Driveway
Additional Features
- 0.31 Acre Lot
- Central Heating and Cooling System
Community Details
- Graceland Subdivision
Listing and Financial Details
- 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
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
Similar Homes in Memphis, TN
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $169,000 | Delta Title Services | |
| Warranty Deed | $83,000 | Delta Title Services Llc | |
| Warranty Deed | $91,700 | Saddle Creek Title Llc | |
| Cash Sale Deed | $58,141 | None Available | |
| Interfamily Deed Transfer | $104,600 | -- | |
| Interfamily Deed Transfer | -- | Stewart Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $171,957 | New Conventional | |
| Previous Owner | $166,000 | Commercial | |
| Previous Owner | $55,020 | Purchase Money Mortgage | |
| Previous Owner | $68,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $127,350 | FHA | |
| Previous Owner | $128,905 | FHA | |
| Previous Owner | $25,000 | Credit Line Revolving | |
| Previous Owner | $102,983 | FHA |
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
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
-
Seller's Agent in 2022
Camela Henke
Enterprise, REALTORS
(901) 626-2990
16 in this area
299 Total Sales
-
Buyer's Agent in 2022
Jason Miller
eXp Realty, LLC
(901) 212-4141
9 in this area
236 Total Sales
-
C
Seller's Agent in 2015
Curt Davis
KAIZEN Realty, LLC
(605) 310-7929
13 in this area
105 Total Sales
-
Seller's Agent in 2014
Ed Engelke
United Real Estate Mid South
(901) 338-9814
3 in this area
138 Total Sales
-
Seller Co-Listing Agent in 2014
Chad Engelke
United Real Estate Mid South
(901) 490-2760
66 Total Sales
-
C
Buyer's Agent in 2014
Craig Jennings
Jennings Realty
(901) 417-8427
13 Total Sales
Map
Source: Memphis Area Association of REALTORS®
MLS Number: 9943131
APN: 07-8095-0-0012
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