516 E Raines Rd Memphis, TN 38109
Whitehaven NeighborhoodEstimated payment $1,119/month
Total Views
4,902
6
Beds
2.5
Baths
1,400-1,599
Sq Ft
$109
Price per Sq Ft
Highlights
- Main Floor Primary Bedroom
- Circular Driveway
- Patio
- Separate Formal Living Room
- Some Wood Windows
- Outdoor Storage
About This Home
REDUCED for quick sale! Well-maintained 6-bed, 2.5-bath home in Whitehaven with tons of potential! The main house offers 4 beds, 1.5 baths, updated front windows, and a 2-year-old roof. Enjoy a spacious in-and-out front driveway and a huge backyard. The separate in-law suite features 2 beds, 1 full bath, LR, kitchen, its own address, and private parking pad—perfect for rental income or multigenerational living. Previously used as a commercial tax office. SOLD AS IS. Ideal for investors seeking dual income or homeowners looking to rent part of the home. No owner financing. Don’t miss this versatile opportunity! Seller will need to remain in the property 30 days after closing. For appointments please contact Broker Bay who will make arrangements with the Seller to show the property. No sign / no keybox available.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,081
Year Built
- Built in 1953
Lot Details
- 0.42 Acre Lot
- Lot Dimensions are 100x185
- Few Trees
Home Design
- Composition Shingle Roof
Interior Spaces
- 1,400-1,599 Sq Ft Home
- 1,478 Sq Ft Home
- 1.5-Story Property
- Some Wood Windows
- Aluminum Window Frames
- Separate Formal Living Room
- Dining Room
- Partially Carpeted
- Iron Doors
Bedrooms and Bathrooms
- 6 Bedrooms | 4 Main Level Bedrooms
- Primary Bedroom on Main
Parking
- 1 Car Garage
- Front Facing Garage
- Circular Driveway
Outdoor Features
- Patio
- Outdoor Storage
Utilities
- Central Heating and Cooling System
- Window Unit Cooling System
Community Details
- None Listed Subdivision
Listing and Financial Details
- Assessor Parcel Number 076023 00016
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 | $2,081 | $63,680 | $9,640 | $54,040 |
| 2024 | $2,081 | $61,400 | $8,320 | $53,080 |
| 2023 | $3,740 | $61,400 | $8,320 | $53,080 |
| 2022 | $3,740 | $61,400 | $8,320 | $53,080 |
| 2021 | $3,784 | $61,400 | $8,320 | $53,080 |
| 2020 | $2,362 | $32,600 | $8,320 | $24,280 |
| 2019 | $2,362 | $32,600 | $8,320 | $24,280 |
| 2018 | $2,362 | $32,600 | $8,320 | $24,280 |
| 2017 | $1,340 | $32,600 | $8,320 | $24,280 |
| 2016 | $1,407 | $32,200 | $0 | $0 |
| 2014 | $1,407 | $32,200 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/15/2025 08/15/25 | Price Changed | $175,000 | -12.5% | $125 / Sq Ft |
| 07/17/2025 07/17/25 | For Sale | $200,000 | -- | $143 / Sq Ft |
Source: Memphis Area Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $67,584 | Commercial | |
| Closed | $76,762 | Commercial | |
| Closed | $20,000 | Commercial | |
| Closed | $54,250 | Commercial |
Source: Public Records
Similar Homes in Memphis, TN
Source: Memphis Area Association of REALTORS®
MLS Number: 10201456
APN: 07-6023-0-0016
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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Some or all of the listings displayed may not belong to the firm whose website is being visited. Copyright© 2025 Memphis Area Association of REALTORS®.
Nearby Homes
- 494 E Raines Rd
- 500 Sullivan Dr
- 519 Dreger Ave
- 4094 Grantham Rd
- 390 Sullivan Dr
- 0 Mccorkle Rd
- 4052 Shirley Dr
- 324 E Raines Rd
- 4103 Orleans Rd
- 339 Shofner Ave
- 273 Dreger Rd
- 253 E Raines Rd
- 3880 E Levi Rd
- 4428 Namur Cove
- 404 Stoneham Rd
- 4281 Auburn Rd
- 795 Eugene Rd
- 4118 Cinderella St
- 4538 Whiteside St
- 874 Mosby Rd
- 4383 Alice Dr
- 280 Ivan Rd
- 800 Lydgate Rd
- 538 Whitestone Ave
- 4118 Auburn Rd
- 250 Wesley Oaks Dr
- 680 Woodstone Cir
- 3935 Michael Rd
- 4695 Aldridge Dr
- 1104 Chambliss Rd
- 1102 Whitaker Cove
- 3870 Weaver Meadows Ln
- 3990 Barton Dr
- 3932 Dearborn St
- 4959 Shayne Ln
- 1351 Janis Dr
- 4029 Spiegel Dr
- 66 W Paxton Ln
- 5041 Davis Cove
- 3906 Hammett Dr