NOT LISTED FOR SALE

1622 E Raines Rd Memphis, TN 38116

Whitehaven Neighborhood

Estimated Value: $217,000 - $237,000

3 Beds
2 Baths
2,000-2,199 Sq Ft
$102/Sq Ft Est. Value

Last Sold September 14, 2018

Last sale price $137,500 $63 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,307/month

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Screened Porch
  • Wood Flooring
  • Separate Formal Living Room
  • Eat-In Kitchen

About This Home

As of September 2018

If your in the market to purchase in Whitehaven, YOUR SEARCH ENDS HERE! This Gorgeous Newly Renovated over 2000 sq ft home features 3 Bedrooms, 2 Baths, Formal Living Room, Formal Dining Room, Eat In Kitchen, Den, Sunroom, Utility/Workshop, Brick BBQ PIT and a Private Backyard. This home has been newly renovated New Roof, New Windows, New Cabinets, New Counter Tops, Updated Bathrooms, New Electrical Panel, New Flooring and much more. CALL TODAY THIS HOME WON'T LAST LONG!

Last Agent to Sell the Property

Marlene McGhee

Eagle Lane Realty, LLC License #295883 Listed on: 05/24/2018

Last Buyer's Agent

Marilyn Dates

Keller Williams License #343658

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,450

Year Built

  • Built in 1960

Lot Details

  • 0.4 Acre Lot
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 2,000-2,199 Sq Ft Home
  • 2,152 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Separate Formal Living Room
  • Dining Room
  • Screened Porch
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway

Additional Features

  • Outdoor Grill
  • Central Heating and Cooling System

Community Details

  • Graceland Subdivision

Listing and Financial Details

  • Assessor Parcel Number 078091 00014

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,450

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
  • List Price Per Sq Ft: 65
  • Number Of Stories: 1
  • Price Per Sq Ft: 63.89
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2152
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Renovated Bathroom, Full Bath Down
  • Estimated Heated Sq Ft Range: 2000-2199
  • Bedroom 2 Description: Level 1, Carpet
  • Bedroom 3 Description: Level 1, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Eat-In Kitchen, Washer/Dryer Connections
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Level 1, Full Bath, Carpet

Exterior Features

  • Misc Exterior: B-B-Q Pit, Screen Porch
  • Exterior Windows: Brick Veneer
  • Roof: Composition Shingles

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 812
  • Acreage: 0.4
  • Price Per Acre: 349750

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 078091 00014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2018
Closed on
Sep 14, 2018
Sold by
Mdm Investments Of Memphis Llc
Bought by
Alexander Charmeal E
Seller's Agent
Marlene McGhee
Eagle Lane Realty, LLC
Buyer's Agent
Marilyn Dates
Keller Williams
List Price
$149,900
Sold Price
$137,500
Premium/Discount to List
-$12,400
-8.27%
Current Estimated Value
$223,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,297
Avg. Annual Appreciation
7.12%
Original Mortgage
$135,009
Outstanding Balance
$118,122
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$105,675

Purchase Details

Listed on
Jul 21, 2016
Closed on
Sep 20, 2016
Sold by
Fannie Mae
Bought by
Mdm Investments Of Memphis Llc
Seller's Agent
Carol Tate
Tate Realty and Construction
Buyer's Agent
Marlene McGhee
Eagle Lane Realty, LLC
List Price
$41,000
Sold Price
$30,500
Premium/Discount to List
-$10,500
-25.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
113.95%

Purchase Details

Closed on
Oct 29, 2015
Sold by
Eudy Marilyn Childs
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 4, 2003
Sold by
Childs Amelia Lee
Bought by
Eudy Marilyn Childs
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
Alexander Charmeal E $137,500 Preferred Title & Escrow Llc
Mdm Investments Of Memphis Llc $30,500 Baymark Title
Federal National Mortgage Association $43,500 None Available
Eudy Marilyn Childs -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alexander Charmeal E $135,009
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/14/2018 09/14/18 Sold $137,500 -8.3% $69 / Sq Ft
08/01/2018 08/01/18 Pending -- -- --
05/24/2018 05/24/18 For Sale $149,900 +391.5% $75 / Sq Ft
09/23/2016 09/23/16 Sold $30,500 -25.6% $15 / Sq Ft View Prior Sale
09/22/2016 09/22/16 Pending -- -- --
07/21/2016 07/21/16 For Sale $41,000 -- $21 / 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 $1,450 $59,550 $7,000 $52,550
2024 $1,450 $42,775 $5,375 $37,400
2023 $2,606 $42,775 $5,375 $37,400
2022 $2,606 $42,775 $5,375 $37,400
2021 $1,476 $42,775 $5,375 $37,400
2020 $1,933 $26,675 $5,375 $21,300
2019 $853 $26,675 $5,375 $21,300
2018 $853 $26,675 $5,375 $21,300
2017 $873 $26,675 $5,375 $21,300
2016 $1,136 $26,000 $0 $0
2014 $1,136 $26,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Marlene McGhee

    Eagle Lane Realty, LLC

  • Marilyn Dates

    Buyer's Agent in 2018

    Marilyn Dates

    Keller Williams

    (901) 603-6010

    2 in this area

    15 Total Sales

    Marilyn Dates
    Section Image

  • C

    Seller's Agent in 2016

    Carol Tate

    Tate Realty and Construction

    (901) 458-4663

    3 in this area

    37 Total Sales

    Carol Tate
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10027841

Memphis Area Association of REALTORS®

APN: 07-8091-0-0014

Tennessee Shelby County Memphis 38116 Whitehaven

1622 E Raines Rd, Memphis, TN

This home is located at 1622 E Raines Rd, Memphis, TN 38116 since 24 May 2018 and is currently estimated at $223,797, approximately $101 per square foot. This property was built in 1960. 1622 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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