NOT LISTED FOR SALE

3168 E Raines Rd Memphis, TN 38118

Oakhaven Neighborhood

Estimated Value: $112,000 - $147,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$81/Sq Ft Est. Value

Last Sold April 08, 2016

Last sale price $52,000 $33 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $762/month

69 Days on Market

Highlights

  • Wood Flooring
  • Den
  • Walk-In Closet
  • 1 Fireplace
  • Some Wood Windows
  • Outdoor Storage

About This Home

As of April 2016

Lovely 3 bedroom 2 bath home on a quiet street. Huge backyard for all your entertainment. New air conditioner installed this summer. Bring all offers. Being sold as-is.

Last Agent to Sell the Property

Vuanita Jones-McArthur

BEST Real Estate Company License #282781 Listed on: 10/27/2015

BEST Real Estate Company

Last Buyer's Agent

Vuanita Jones-McArthur

BEST Real Estate Company License #282781 Listed on: 10/27/2015

BEST Real Estate Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $748

Year Built

  • Built in 1963

Lot Details

  • 10,454 Sq Ft Lot
  • Wood Fence
  • Landscaped
  • Few Trees

Home Design

  • Split Level Home
  • Property Attached

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,500 Sq Ft Home
  • 1.5-Story Property
  • 1 Fireplace
  • Some Wood Windows
  • Combination Dining and Living Room
  • Den
  • Iron Doors
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • 1 Covered Space
  • Driveway

Additional Features

  • Outdoor Storage
  • Ground Level
  • Central Heating and Cooling System

Community Details

  • Kensington Gardens Blk H 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 060208 00032

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$748

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Split Level
  • Attached Unit Type: Ground Level-Single Story
  • Detached Unit Type: General Residential
  • MLS Map #: 773A
  • MAAR Subdivision Name: KENSINGTON GARDENS BLK H-1
  • List Price Per Sq Ft: 33
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 34.67
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1500
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Up, Full Bath Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Bedrooms Down: 1
  • Floors/Ceilings: Part Hardwood, Part Carpet
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Den, LR/DR Combination, Washer/Dryer Connections
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Walk-In Closet, Full Bath

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Storage Building
  • Exterior Windows: Brick Veneer, Wood/Composition

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees, Landscaped, Wood Fenced
  • Lot Number: 791
  • Acreage: 0.24
  • Lot Size: .24 acres
  • Price Per Acre: 207917

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 060208 00032

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2015
Closed on
Apr 8, 2016
Sold by
Mcarthur Johanna V
Bought by
Holloway Ashley S
Seller's Agent
Vuanita Jones-McArthur
BEST Real Estate Company
Buyer's Agent
Vuanita Jones-McArthur
BEST Real Estate Company
List Price
$65,000
Sold Price
$52,000
Premium/Discount to List
-$13,000
-20%
Current Estimated Value
$129,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,481
Avg. Annual Appreciation
11.06%
Original Mortgage
$51,058
Outstanding Balance
$42,025
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$97,713
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
Holloway Ashley S $52,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holloway Ashley S $51,058
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2016 04/08/16 Sold $52,000 -20.0% $37 / Sq Ft
01/04/2016 01/04/16 Pending -- -- --
10/27/2015 10/27/15 For Sale $65,000 -- $46 / 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 $748 $26,500 $3,625 $22,875
2024 $748 $22,050 $3,000 $19,050
2023 $1,343 $22,050 $3,000 $19,050
2022 $1,343 $22,050 $3,000 $19,050
2021 $1,359 $22,050 $3,000 $19,050
2020 $1,177 $16,250 $3,000 $13,250
2019 $1,177 $16,250 $3,000 $13,250
2018 $1,177 $16,250 $3,000 $13,250
2017 $668 $16,250 $3,000 $13,250
2016 $676 $15,475 $0 $0
2014 $676 $15,475 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Vuanita Jones-McArthur

    Seller's Agent in 2016

    Vuanita Jones-McArthur

    BEST Real Estate Company

    (662) 420-5881

    1 in this area

    28 Total Sales

    Vuanita Jones-McArthur
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9964276

Memphis Area Association of REALTORS®

APN: 06-0208-0-0032

Tennessee Shelby County Memphis 38118 Oakhaven

3168 E Raines Rd, Memphis, TN

This home is located at 3168 E Raines Rd, Memphis, TN 38118 since 27 October 2015 and is currently estimated at $129,481, approximately $80 per square foot. This property was built in 1963. 3168 E Raines Rd is a home located in Shelby County with nearby schools including Oakhaven Elementary School, Oakhaven Middle School, and Oakhaven High School.

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