547 E Raines Rd Memphis, TN 38109
Westwood NeighborhoodEstimated Value: $90,000 - $98,000
3
Beds
1
Bath
988
Sq Ft
$96/Sq Ft
Est. Value
About This Home
This home is located at 547 E Raines Rd, Memphis, TN 38109 and is currently estimated at $94,716, approximately $95 per square foot. 547 E Raines Rd is a home located in Shelby County with nearby schools including Levi Elementary School, Chickasaw Middle School, and Westwood High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 5, 2026
Sold by
Vb Two Llc
Bought by
Morman Derron Dewayne and Morman Monica Dwonise
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,365
Outstanding Balance
$79,365
Interest Rate
6.18%
Mortgage Type
Credit Line Revolving
Estimated Equity
$15,351
Purchase Details
Closed on
Jul 31, 2019
Sold by
Move In Investments Inc
Bought by
Vb One Llc
Purchase Details
Closed on
Dec 5, 2018
Sold by
South City Memphis Llc
Bought by
Move In Investments Llc
Purchase Details
Closed on
Mar 26, 2018
Sold by
The County Of Shelby
Bought by
South City Memphis Llc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Morman Derron Dewayne | $97,500 | Realty Title & Escrow | |
| Vb One Llc | $44,000 | Prefered Title & Escrow Llc | |
| Move In Investments Llc | -- | Baymark Title And Escrow Ser | |
| South City Memphis Llc | $8,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Morman Derron Dewayne | $79,365 |
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 | $417 | $18,375 | $2,675 | $15,700 |
| 2024 | $417 | $12,300 | $2,200 | $10,100 |
| 2023 | $749 | $12,300 | $2,200 | $10,100 |
| 2022 | $749 | $12,300 | $2,200 | $10,100 |
| 2021 | $758 | $12,300 | $2,200 | $10,100 |
| 2020 | $813 | $11,225 | $2,200 | $9,025 |
| 2019 | $359 | $11,225 | $2,200 | $9,025 |
| 2018 | $247 | $0 | $0 | $0 |
| 2017 | $368 | $11,250 | $2,200 | $9,050 |
| 2016 | $456 | $10,425 | $0 | $0 |
| 2014 | $456 | $10,425 | $0 | $0 |
Source: Public Records
Map
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