NOT LISTED FOR SALE

355 E Raines Rd Unit 2 Memphis, TN 38109

Whitehaven Neighborhood

Estimated Value: $56,542 - $139,000

2 Beds
1 Bath
100-999 Sq Ft
$87/Sq Ft Est. Value

Last Sold May 07, 2012

Last sale price $37,500 $38 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $501/month

238 Days on Market

Highlights

  • Updated Kitchen
  • Wood Flooring
  • Some Wood Windows
  • Traditional Architecture
  • Corner Lot
  • Porch

About This Home

As of May 2012

Great price, great location, great opportunity!!! In 2007 the following was installed new central heat/air, gutters, blinds, vanity, updated kitchen with new appliances. This home has beautiful hardwood floors your sure to enjoy. Call for appointment.

Last Agent to Sell the Property

Jill McKnatt

Coldwell Banker Collins-Maury License #304471 Listed on: 09/07/2011

Coldwell Banker Collins-Maury

Last Buyer's Agent

Jill McKnatt

Coldwell Banker Collins-Maury License #304471 Listed on: 09/07/2011

Coldwell Banker Collins-Maury

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1954

Lot Details

  • Landscaped
  • Corner Lot
  • Level Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 100-999 Sq Ft Home
  • 826 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Some Wood Windows
  • Combination Dining and Living Room
  • Iron Doors
  • Washer and Dryer Hookup

Kitchen

  • Updated Kitchen
  • Oven or Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • Raines Terrace Townhomes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 076041 00031

Home Details

Home Type

Single Family

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: RAINES TERRACE TOWNHOMES
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 826
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down
  • Estimated Heated Sq Ft Range: 100-999
  • Bedroom 2 Description: Level 1, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Hardwood, Tile, Smooth Ceiling
  • Full Bathrooms: 1
  • Equipment: Range/Oven
  • Living Dining Kitchen: LR/DR Combination, Updated/Renovated Kitchen, Washer/Dryer Connections
  • P R I M A R Y B E D R O O M: Level 1, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Porch
  • Exterior Windows: Wood Window(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central, Electric
  • Water Sewer: Gas Water Heater, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level, Corner, Landscaped
  • Lot Number: UNIT 2

Tax Info

  • Assessor Parcel Number: 076041 00031

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2011
Closed on
May 7, 2012
Sold by
Williams Marsha R
Bought by
Daugherty Jerome
Seller's Agent
Jill McKnatt
Coldwell Banker Collins-Maury
Buyer's Agent
Jill McKnatt
Coldwell Banker Collins-Maury
List Price
$42,500
Sold Price
$37,500
Premium/Discount to List
-$5,000
-11.76%
Current Estimated Value
$87,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,681
Avg. Annual Appreciation
6.37%

Purchase Details

Closed on
Oct 8, 2007
Sold by
Fannie Mae
Bought by
Williams Marsha R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,500
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 2007
Sold by
Flenorl Ernest David and Flenorl Catherine V
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 14, 2003
Sold by
Flenorl Catherine Virginia Jefferson
Bought by
Flenorl Frederick K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Daugherty Jerome -- None Available
Daugherty Jerome $75,000 None Available
Williams Marsha R $66,000 None Available
Federal National Mortgage Association $51,279 None Available
Flenorl Frederick K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams Marsha R $49,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2012 05/07/12 Sold $37,500 -11.8% $375 / Sq Ft
05/02/2012 05/02/12 Pending -- -- --
09/07/2011 09/07/11 For Sale $42,500 -- $425 / 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 $534 $19,480 $2,480 $17,000
2024 $534 $15,760 $2,480 $13,280
2023 $960 $15,760 $2,480 $13,280
2022 $960 $15,760 $2,480 $13,280
2021 $971 $15,760 $2,480 $13,280
2020 $1,075 $14,840 $2,480 $12,360
2019 $1,075 $14,840 $2,480 $12,360
2018 $1,075 $14,840 $2,480 $12,360
2017 $610 $14,840 $2,480 $12,360
2016 $656 $15,000 $0 $0
2014 $656 $15,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jill McKnatt

    Seller's Agent in 2012

    Jill McKnatt

    Coldwell Banker Collins-Maury

    (901) 828-5035

    1 in this area

    70 Total Sales

    Jill McKnatt
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3231912

Memphis Area Association of REALTORS®

APN: 07-6041-0-0031

Tennessee Shelby County Memphis 38109 Whitehaven

355 E Raines Rd Unit 2, Memphis, TN

Not Listed for Sale

Detached

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