NOT LISTED FOR SALE

625 W Raines Rd Memphis, TN 38109

Westwood Neighborhood

Estimated Value: $74,000 - $113,000

3 Beds
1 Bath
1,400-1,599 Sq Ft
$61/Sq Ft Est. Value

Last Sold September 02, 2016

Last sale price $7,500 $5 Per Sq Ft

Est. 1,200% increase in value since last sale

Current estimated payment $557/month

121 Days on Market

Highlights

  • Wood Flooring
  • Central Heating
  • Level Lot
  • Porch
  • Combination Dining and Living Room
  • 1-Story Property

About This Home

As of September 2016

Property sold in its “AS-IS, WHERE-IS” condition. Seller does not prorate taxes. Buyer pays all closing costs including, but not limited to any and all transfer taxes, title, legal, and recording fees. 3 Bedroom, 1 Bath.

Last Agent to Sell the Property

Ryan Gehris

USRealty.com, LLP License #321436 Listed on: 04/19/2016

Last Buyer's Agent

Frank Newson

BEST Real Estate Company License #270087

BEST Real Estate Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $474

Year Built

  • Built in 1959

Lot Details

  • 7,405 Sq Ft Lot
  • Chain Link Fence
  • Level Lot
  • Few Trees

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,295 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Driveway

Outdoor Features

  • Porch

Utilities

  • Central Heating
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Chickasaw Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number 075120 00010

Home Details

Home Type

Single Family

Est. Annual Taxes

$474

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Ranch
  • Detached Unit Type: General Residential
  • MLS Map #: 765A
  • MAAR Subdivision Name: CHICKASAW VILLAGE
  • List Price Per Sq Ft: 6
  • Number Of Stories: 1
  • Price Per Sq Ft: 5.79
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1295
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Floors/Ceilings: Wall to Wall Carpet, Part Hardwood, Vinyl Floor
  • Full Bathrooms: 1
  • Living Dining Kitchen: LR/DR Combination
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Porch

Garage/Parking

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

Utilities

  • Heating: Central, Gas
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level, Chain Fenced
  • Lot Number: 110
  • Acreage: 0.17
  • Lot Size: 0.17 acres
  • Price Per Acre: 46471

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 075120 00010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 8, 2020
Sold by
Mid South Homebuyers Gp
Bought by
Siskind Steven
Total Days on Market
121
Current Estimated Value
$97,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,760
Outstanding Balance
$53,438
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$44,099

Purchase Details

Closed on
Dec 31, 2019
Sold by
Simmons Steven and Simmons Vivian
Bought by
Mid South Homebuyers Gp

Purchase Details

Listed on
Apr 19, 2016
Closed on
Aug 31, 2016
Sold by
Castle 2016 Llc
Bought by
Simmons Steven and Simmons Vivian
Seller's Agent
Ryan Gehris
USRealty.com, LLP
Buyer's Agent
Frank Newson
BEST Real Estate Company
List Price
$12,900
Sold Price
$7,500
Premium/Discount to List
-$5,400
-41.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.07%

Purchase Details

Closed on
May 2, 2016
Sold by
Deutsche Bank National Trust Co
Bought by
Castle 2016 Llc

Purchase Details

Closed on
Nov 17, 2015
Sold by
Tennessee Investment Rental Properties L
Bought by
Reedy Debra L

Purchase Details

Closed on
Oct 28, 2015
Sold by
Tennessee Investment Rental Properties L
Bought by
Reedy Debra L

Purchase Details

Closed on
Aug 1, 2006
Sold by
Reedy Debra L
Bought by
Tennessee Investment Rental Property Llc

Purchase Details

Closed on
Aug 28, 2003
Sold by
Reedy Debra L
Bought by
Deutsche Bank National Trust Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,500
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 2003
Sold by
Citifinancial Mortgage Co Inc
Bought by
Tennessee Rehab Co Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
10%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 3, 2002
Sold by
Rachel Geroy
Bought by
Citifinancial Mtg Company Inc and Ford Consumer Finance Co

Purchase Details

Closed on
Jun 6, 1996
Sold by
Timco Properties Llc
Bought by
Rachel Geroy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,429
Interest Rate
7.94%

Purchase Details

Closed on
Oct 21, 1994
Bought by
Timco Prop Llc
Source: Public Records

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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
Siskind Steven $74,700 Saddle Creek Title Llc
Mid South Homebuyers Gp $11,000 Saddle Creek Title Llc
Simmons Steven $7,500 Regency Title & Escrow Llc
Castle 2016 Llc $6,600 None Available
Reedy Debra L -- Attorney
Reedy Debra L -- Attorney
Tennessee Investment Rental Property Llc -- None Available
Deutsche Bank National Trust Company $40,000 Attorney
Reedy Debra L -- --
Tennessee Rehab Co Inc $31,000 Edco Title & Closing Service
Citifinancial Mtg Company Inc $38,000 --
Rachel Geroy $45,000 Mid South Title
Timco Prop Llc $14,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Siskind Steven $59,760
Previous Owner Reedy Debra L $55,500
Previous Owner Tennessee Rehab Co Inc $32,000
Previous Owner Rainey Barbara J $15,000
Previous Owner Rachel Geroy $37,429
Closed Rachel Geroy $9,817
Closed Mid South Homebuyers Gp $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2016 09/02/16 Sold $7,500 -41.9% $5 / Sq Ft
08/18/2016 08/18/16 Pending -- -- --
04/19/2016 04/19/16 For Sale $12,900 -- $9 / 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 $474 $22,925 $2,575 $20,350
2024 $474 $13,975 $2,125 $11,850
2023 $851 $13,975 $2,125 $11,850
2022 $851 $13,975 $2,125 $11,850
2021 $1,012 $13,975 $2,125 $11,850
2020 $991 $13,675 $2,125 $11,550
2019 $437 $13,675 $2,125 $11,550
2018 $437 $13,675 $2,125 $11,550
2017 $447 $13,675 $2,125 $11,550
2016 $489 $11,200 $0 $0
2014 $489 $11,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ryan Gehris

    Seller's Agent in 2016

    Ryan Gehris

    USRealty.com, LLP

    (866) 807-9087

    2,310 Total Sales

    Section Image

  • F

    Buyer's Agent in 2016

    Frank Newson

    BEST Real Estate Company

    (901) 238-5350

    16 Total Sales

    Frank Newson
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9975254

Memphis Area Association of REALTORS®

APN: 07-5120-0-0010

Tennessee Shelby County Memphis 38109 Westwood

625 W Raines Rd, Memphis, TN

This home is located at 625 W Raines Rd, Memphis, TN 38109 since 19 April 2016 and is currently estimated at $97,537, approximately $60 per square foot. This property was built in 1959. 625 W Raines Rd is a home located in Shelby County with nearby schools including Levi Elementary School, Chickasaw Middle School, and Westwood High School.

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