NOT LISTED FOR SALE

1564 E Raines Rd Memphis, TN 38116

Whitehaven Neighborhood

Estimated Value: $179,000 - $194,000

3 Beds
2 Baths
1,600-1,799 Sq Ft
$104/Sq Ft Est. Value

Last Sold August 02, 2022

Last sale price $168,000 $93 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,107/month

69 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Den
  • Wood Flooring
  • Corner Lot
  • Some Wood Windows

About This Home

As of August 2022

Contract Failed.... Back on the Market. REDUCED! REDUCED TO SALE!!! Well Built Home in Established Graceland Neighborhood! Original Hardwood cabinets and hardwood floors under carpet. This home has a LR, Den and Dining Room. Nice size kitchen with eat-in area. Laundry Area with cabinets. In Good Condition and "Selling As Is" Nice front porch to sit and relax and a HUGE Backyard for Family Reunions. Open the side gate to six additional parking spaces. This is A Must See!!!

Last Agent to Sell the Property

Erma Williams

Crye-Leike, Inc., REALTORS License #238019 Listed on: 04/04/2022

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Lenzell Clark

Braden, Braden & Braden LLC License #297402

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,048

Year Built

  • Built in 1960

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 135x135
  • Wood Fence
  • Corner Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,633 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Separate Formal Living Room
  • Dining Room
  • Den
  • Pull Down Stairs to Attic
  • Iron Doors

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Separate Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • 2 Car Detached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Patio
  • Outdoor Storage
  • Porch

Additional Features

  • Grab Bars
  • Central Heating and Cooling System

Community Details

  • Graceland Subdivision

Listing and Financial Details

  • Assessor Parcel Number 078095 00011

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,048

Year Built

Built in 1960

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
  • Handicap Design: Grab Bars
  • List Price Per Sq Ft: 104
  • Number Of Stories: 1
  • Price Per Sq Ft: 102.88
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1633
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Laundry Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Hardwood Floor, Carpet
  • Bedroom 3 Description: Hardwood Floor, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Hardwood Throughout, Part Carpet
  • Full Bathrooms: 2
  • Equipment: Range/Oven
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Eat-In Kitchen, Washer/Dryer Connections
  • Misc Interior: Pull Down Attic Stairs, Cat/Dog Free House
  • Other Rooms: Laundry Room
  • Total Bathrooms: 2
  • Primary Bathroom Description: Separate Shower, Tile Floor
  • P R I M A R Y B E D R O O M: Full Bath, Hardwood Floor, Carpet

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Storage Building, Porch, Patio, Wood Fence
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2D
  • Parking Storage: Driveway/Pad, Garage Door Opener(s), Side-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Iron Door(s)
  • Water Sewer: Public Sewer

Lot Info

  • Lot Description: Level, Corner, Wood Fenced
  • Lot Number: 808
  • Acreage: 0.43
  • Lot Size: 135X135
  • Price Per Acre: 395349

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 078095 00011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2022
Closed on
Jul 27, 2022
Sold by
Ruth Scruggs Dollie
Bought by
Newman Aaron
Seller's Agent
Erma Williams
Crye-Leike, Inc., REALTORS
Buyer's Agent
Lenzell Clark
Braden, Braden & Braden LLC
List Price
$195,000
Sold Price
$168,000
Premium/Discount to List
-$27,000
-13.85%
Views
2
Current Estimated Value
$186,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,414
Avg. Annual Appreciation
3.11%
Original Mortgage
$164,957
Outstanding Balance
$158,680
Interest Rate
5.81%
Mortgage Type
FHA
Estimated Equity
$25,635

Purchase Details

Closed on
Apr 16, 1998
Sold by
Sawner Thomas R and Sawner Margaret
Bought by
Walker Odell and Walker Annie B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,744
Interest Rate
7.14%
Source: Public Records

Range of Values:

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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
Newman Aaron $168,000 Chicago Title
Walker Odell $71,500 Fidelity Title & Escrow Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newman Aaron $164,957
Previous Owner Walker Annie B $10,875
Previous Owner Walker Odell $65,744
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2022 08/02/22 Sold $168,000 -1.2% $105 / Sq Ft
05/07/2022 05/07/22 Price Changed $170,000 -8.1% $106 / Sq Ft
04/16/2022 04/16/22 Price Changed $185,000 -5.1% $116 / Sq Ft
04/04/2022 04/04/22 For Sale $195,000 -- $122 / 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 $1,048 $41,250 $7,025 $34,225
2024 $1,048 $30,925 $5,400 $25,525
2023 $1,884 $30,925 $5,400 $25,525
2022 $1,723 $30,925 $5,400 $25,525
2021 $1,529 $30,925 $5,400 $25,525
2020 $1,529 $21,100 $5,400 $15,700
2019 $674 $21,100 $5,400 $15,700
2018 $674 $21,100 $5,400 $15,700
2017 $690 $21,100 $5,400 $15,700
2016 $904 $20,675 $0 $0
2014 $904 $20,675 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Erma Williams

    Seller's Agent in 2022

    Erma Williams

    Crye-Leike

    (901) 857-4269

    2 in this area

    25 Total Sales

    Section Image
  • Lenzell Clark

    Buyer's Agent in 2022

    Lenzell Clark

    Braden, Braden & Braden LLC

    (901) 881-2070

    4 in this area

    14 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10120955

Memphis Area Association of REALTORS®

APN: 07-8095-0-0011

Tennessee Shelby County Memphis 38116 Whitehaven

1564 E Raines Rd, Memphis, TN

This home is located at 1564 E Raines Rd, Memphis, TN 38116 since 04 April 2022 and is currently estimated at $187,874, approximately $104 per square foot. This property was built in 1960. 1564 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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