NOT LISTED FOR SALE

381 E Raines Rd Memphis, TN 38109

Whitehaven Neighborhood

Estimated Value: $118,000 - $148,000

3 Beds
2 Baths
1,200-1,399 Sq Ft
$94/Sq Ft Est. Value

Last Sold September 15, 2016

Last sale price $69,999 $50 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $733/month

140 Days on Market

Highlights

  • Traditional Architecture
  • Great Room
  • Walk-In Closet
  • Wood Flooring
  • Brick Veneer
  • Laundry closet

About This Home

As of September 2016

This home is located at 381 E Raines Rd, Memphis, TN 38109 since 02 April 2016 and is currently estimated at $131,047, approximately $109 per square foot. This property was built in 1960. 381 E Raines Rd is a home located in Shelby County with nearby schools including Westhaven Elementary School, A. Maceo Walker Middle School, and Dubois Elementary School Of Arts Technology.

Last Agent to Sell the Property

John Amaefula

REMAX Experts License #272750 Listed on: 04/02/2016

REMAX Experts

Last Buyer's Agent

Cheryl Muhammad

Assured Real Estate Services License #274007

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 0.29 Acre Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Slab Foundation

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,360 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Wood Flooring
  • Iron Doors
  • Laundry closet

Kitchen

  • Oven or Range
  • Gas Cooktop

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway

Additional Features

  • Ground Level
  • Central Heating and Cooling System

Community Details

  • Raines Terrace Re Subdivision

Listing and Financial Details

  • Assessor Parcel Number 076042 00002

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Attached Unit Type: Ground Level-Single Story
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: RAINES TERRACE
  • List Price Per Sq Ft: 51
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1360
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 4 Description: Walk-In Closet
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Gas Cooking
  • Living Dining Kitchen: Great Room, Pantry
  • Other Rooms: Laundry Closet

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer
  • Foundation: Slab

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 5
  • Acreage: 0.29
  • Lot Size: .29ACRES

Tax Info

  • Assessor Parcel Number: 076042 00002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2016
Closed on
Sep 2, 2016
Sold by
Janice Crenshaw
Bought by
Shelton Charita L
Seller's Agent
John Amaefula
REMAX Experts
Buyer's Agent
Cheryl Muhammad
Assured Real Estate Services
List Price
$82,000
Sold Price
$69,999
Premium/Discount to List
-$12,001
-14.64%
Current Estimated Value
$131,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,048
Avg. Annual Appreciation
6.92%
Original Mortgage
$68,731
Outstanding Balance
$54,953
Interest Rate
3.46%
Estimated Equity
$76,094
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
Shelton Charita L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shelton Charita L $68,731
Closed Shelton Charita L --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2016 09/15/16 Sold $69,999 -14.6% $58 / Sq Ft
08/20/2016 08/20/16 Pending -- -- --
04/02/2016 04/02/16 For Sale $82,000 -- $68 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $629 $28,425 $4,625 $23,800
2024 $629 $18,550 $3,350 $15,200
2023 $1,130 $18,550 $3,350 $15,200
2022 $1,130 $18,550 $3,350 $15,200
2021 $1,143 $18,550 $3,350 $15,200
2020 $1,206 $16,650 $3,350 $13,300
2019 $1,206 $16,650 $3,350 $13,300
2018 $1,206 $16,650 $3,350 $13,300
2017 $684 $16,650 $3,350 $13,300
2016 $656 $15,000 $0 $0
2014 $656 $15,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Amaefula

    Seller's Agent in 2016

    John Amaefula

    RE/MAX

    (901) 649-4924

    4 in this area

    28 Total Sales

    John Amaefula
    Section Image
  • Cheryl Muhammad

    Buyer's Agent in 2016

    Cheryl Muhammad

    Assured Real Estate Services

    (901) 406-9885

    3 in this area

    42 Total Sales

    Cheryl Muhammad
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9975644

Memphis Area Association of REALTORS®

APN: 07-6042-0-0002

Tennessee Shelby County Memphis 38109 Whitehaven

381 E Raines Rd, Memphis, TN

Not Listed for Sale

Detached

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