NOT LISTED FOR SALE

3101 E Raines Rd Memphis, TN 38118

Oakhaven Neighborhood

Estimated Value: $173,000 - $193,971

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

Last Sold July 26, 2024

Last sale price $197,500 $110 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $1,091/month

77 Days on Market

Highlights

  • Traditional Architecture
  • Some Wood Windows
  • Central Heating and Cooling System
  • Wood Flooring
  • 1 Car Attached Garage
  • Level Lot

About This Home

As of July 2024

The perfect place to call home! This property has been completely renovated and is ready for you! The yard is a blank slate ready for you to show off your gardening skills and make it your own oasis in Memphis. What else makes this an amazing property for you? It qualifies for the Pinnacle 100 program.

Last Agent to Sell the Property

Ralph Harvey

List With Freedom.Com, Inc. License #338742 Listed on: 04/12/2024

List With Freedom.Com, Inc.

Last Buyer's Agent

Stephanie Bobo

Crye-Leike, Inc., REALTORS License #342940

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $759

Year Built

  • Built in 1963

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 70x149
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,653 Sq Ft Home
  • 2-Story Property
  • Some Wood Windows
  • Living Room with Fireplace

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Carport
  • Driveway

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • Kensington Gardens Blk H 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 060176 00174

Home Details

Home Type

Single Family

Est. Annual Taxes

$759

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 #: 773A
  • MAAR Subdivision Name: KENSINGTON GARDENS BLK H-1
  • Number Of Stories: 2
  • Price Per Sq Ft: 119.48
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1653
  • Year Built: 1963
  • List Price/ Sq Ft: 120
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Kitchen, 3rd Bedroom, 1 Bath
  • Second Story Floor Plan: Primary Bedroom, 2nd Bedroom, 1 Bath
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 2
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Fireplace: In Living Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Dishwasher
  • Living Dining Kitchen: Pantry
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Level 2

Exterior Features

  • Exterior Windows: Wood/Composition

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1A
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Level
  • Lot Number: 766
  • Acreage: 0.23
  • Lot Size: 70X149
  • Price Per Acre: 865217
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 060176 00174

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2024
Closed on
Jul 19, 2024
Sold by
Memphis Investment Houses Llc
Bought by
Hoyle Melvin L and Hoyle Marcey
Seller's Agent
Ralph Harvey
List With Freedom.Com, Inc.
Buyer's Agent
Stephanie Bobo
Crye-Leike, Inc., REALTORS
List Price
$208,995
Sold Price
$197,500
Premium/Discount to List
-$11,495
-5.5%
Views
135
Current Estimated Value
$186,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,257
Avg. Annual Appreciation
-5.54%
Original Mortgage
$195,000
Outstanding Balance
$193,343
Interest Rate
6.95%
Mortgage Type
VA
Estimated Equity
-$7,100

Purchase Details

Closed on
Feb 5, 2024
Sold by
Johnson Elva
Bought by
Memphis Investment Houses Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 3, 2012
Closed on
Aug 1, 2012
Sold by
Memphis Investment Rental Properties Llc
Bought by
Johnson Elva
Seller's Agent
Jimmie Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Debra Reedy
Reedy & Company, REALTORS
List Price
$33,250
Sold Price
$38,610
Premium/Discount to List
$5,360
16.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.80%
Original Mortgage
$50,000
Interest Rate
12%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 11, 2012
Sold by
Us Bank National Association
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Mar 30, 2011
Sold by
U S Bank National Association
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Mar 10, 2011
Sold by
Harris Coral A and Harris Thomas Coral A
Bought by
U S Bank National Association

Purchase Details

Closed on
Jan 18, 2006
Sold by
Harris Coral A
Bought by
Trinears Treasures Llc

Purchase Details

Closed on
May 22, 2000
Sold by
Johnson Mary F M and Johnson Ted
Bought by
Harris Coral A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,958
Interest Rate
8.14%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Hoyle Melvin L $197,500 Titan Title Company
Memphis Investment Houses Llc $115,000 Titan Title Company
Johnson Elva $65,500 None Available
Secretary Of Housing & Urban Development -- None Available
Secretary Of Housing & Urban Development -- None Available
U S Bank National Association $92,162 None Available
Trinears Treasures Llc -- None Available
Harris Coral A $82,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoyle Melvin L $195,000
Closed Hoyle Melvin L $6,000
Closed Hoyle Melvin L $195,000
Previous Owner Memphis Investment Houses Llc $130,000
Previous Owner Memphis Investment Rental Properties Llc $50,000
Previous Owner Harris Coral A $15,411
Previous Owner Harris Coral A $81,098
Previous Owner Harris Coral A $80,536
Previous Owner Harris Coral A $81,958
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2024 07/26/24 Sold $197,500 -0.8% $123 / Sq Ft
06/28/2024 06/28/24 Pending -- -- --
06/05/2024 06/05/24 Price Changed $199,000 -5.2% $124 / Sq Ft
05/25/2024 05/25/24 Price Changed $210,000 +1.4% $131 / Sq Ft
05/16/2024 05/16/24 Price Changed $207,000 -0.2% $129 / Sq Ft
05/01/2024 05/01/24 Price Changed $207,500 -0.5% $130 / Sq Ft
04/20/2024 04/20/24 Price Changed $208,500 -0.2% $130 / Sq Ft
04/12/2024 04/12/24 For Sale $208,995 +441.3% $131 / Sq Ft
07/19/2012 07/19/12 Sold $38,610 +16.1% $23 / Sq Ft
06/18/2012 06/18/12 Pending -- -- --
06/03/2012 06/03/12 For Sale $33,250 -- $20 / 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 $759 $46,475 $3,625 $42,850
2024 -- $22,375 $3,000 $19,375
2023 $1,363 $22,375 $3,000 $19,375
2022 $1,363 $22,375 $3,000 $19,375
2021 $1,379 $22,375 $3,000 $19,375
2020 $1,170 $16,150 $3,000 $13,150
2019 $1,170 $16,150 $3,000 $13,150
2018 $1,170 $16,150 $3,000 $13,150
2017 $664 $16,150 $3,000 $13,150
2016 $709 $16,225 $0 $0
2014 $709 $16,225 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ralph Harvey

    Seller's Agent in 2024

    Ralph Harvey

    List With Freedom.Com, Inc.

    (855) 456-4945

    4 in this area

    11,028 Total Sales

    Section Image
  • Stephanie Bobo

    Buyer's Agent in 2024

    Stephanie Bobo

    Crye-Leike

    (901) 570-8387

    3 in this area

    61 Total Sales

    Section Image
  • Jimmie Tapley

    Seller's Agent in 2012

    Jimmie Tapley

    Crye-Leike, Inc., REALTORS

    (901) 336-7898

    2 in this area

    276 Total Sales

    Section Image

  • D

    Buyer's Agent in 2012

    Debra Reedy

    Reedy & Company, REALTORS

    (901) 493-8049

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10169949

Memphis Area Association of REALTORS®

APN: 06-0176-0-0174

Tennessee Shelby County Memphis 38118 Oakhaven

3101 E Raines Rd, Memphis, TN

This home is located at 3101 E Raines Rd, Memphis, TN 38118 since 12 April 2024 and is currently estimated at $186,243, approximately $103 per square foot. This property was built in 1963. 3101 E Raines Rd is a home located in Shelby County with nearby schools including Oakhaven Elementary School, Oakhaven Middle School, and Oakhaven High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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