NOT LISTED FOR SALE

749 W Raines Rd Memphis, TN 38109

Westwood Neighborhood

Estimated Value: $93,000 - $122,000

3 Beds
1.5 Baths
1,400-1,599 Sq Ft
$70/Sq Ft Est. Value

Last Sold May 12, 2016

Last sale price $27,000 $17 Per Sq Ft

Est. 313% increase in value since last sale

Current estimated payment $675/month

8 Days on Market

Highlights

  • Traditional Architecture
  • Den
  • Eat-In Kitchen
  • Main Floor Primary Bedroom
  • Some Wood Windows
  • Patio

About This Home

As of May 2016

Great Investment Opportunity, Rented $775, Please drive your clients by the home and call for an appointment.

Last Agent to Sell the Property

Terri Faulkner

Reedy & Company, REALTORS License #232154 Listed on: 04/07/2016

Last Buyer's Agent

KaTrina Kelly-Isom

4 Success Realty, LLC License #291782

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $583

Year Built

  • Built in 1961

Lot Details

  • Lot Dimensions are 57.99 x 127.31
  • Landscaped
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,590 Sq Ft Home
  • 1.5-Story Property
  • Some Wood Windows
  • Window Treatments
  • Aluminum Window Frames
  • Combination Dining and Living Room
  • Den
  • Wall to Wall Carpet
  • Fire and Smoke Detector
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Chickasaw Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number 075126 00004

Home Details

Home Type

Single Family

Est. Annual Taxes

$583

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 765A
  • MAAR Subdivision Name: CHICKASAW VILLAGE
  • List Price Per Sq Ft: 25
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 16.98
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1590
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 1 1/2 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1, Carpet
  • Bedroom 3 Description: Level 1, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wall to Wall Carpet
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Equipment: Cable Available
  • Living Dining Kitchen: LR/DR Combination, Eat-In Kitchen, W/D Connection in Kitchen
  • Misc Interior: All Window Treatments, Smoke Detector(s)
  • Total Bathrooms: 1.1
  • Primary Bathroom Description: Double Sinks, Carpet
  • P R I M A R Y B E D R O O M: Level 1, Carpet

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Wood/Composition, Aluminum/Steel Siding
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Smoke Detector(s)
  • Water Sewer: Electric Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Landscaped
  • Lot Number: 237
  • Lot Size: 57.99 X 127.31

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 075126 00004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2018
Sold by
Lincoln Harvey
Bought by
Harvey Rental Properties Llc
Total Days on Market
8
Current Estimated Value
$111,500

Purchase Details

Listed on
Apr 7, 2016
Closed on
May 12, 2016
Sold by
Bruce Garry
Bought by
Harvey Lincoln
Seller's Agent
Terri Faulkner
Reedy & Company, REALTORS
Buyer's Agent
KaTrina Kelly-Isom
4 Success Realty, LLC
List Price
$39,500
Sold Price
$27,000
Premium/Discount to List
-$12,500
-31.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.92%

Purchase Details

Closed on
May 30, 2012
Sold by
Memphis Investment Rental Properties Llc
Bought by
Garry Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,650
Interest Rate
3.84%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 29, 2011
Sold by
Dennis Dena Cerita
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
May 8, 2006
Sold by
Moore Catherine
Bought by
Dennis Dena Cerita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,915
Interest Rate
6.39%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 10, 2005
Sold by
Monument Street Funding Llc
Bought by
Moore Catherine

Purchase Details

Closed on
Apr 1, 2004
Sold by
Ross Tommy and Ross Tarvis Lavelle
Bought by
Monument Street Funding Llc

Purchase Details

Closed on
Sep 27, 1999
Sold by
Munn Donald Renee
Bought by
Ross Tarvis Lavelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
7.89%

Purchase Details

Closed on
Sep 1, 1999
Sold by
Ross Tarvis Lavelle
Bought by
Ross Tarvis Lavelle and Ross Tommy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
7.89%
Source: Public Records

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Range of Values:

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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
Harvey Rental Properties Llc -- Edco Title & Closing Svcs In
Harvey Lincoln $27,000 Edco Title & Closing Svcs In
Garry Bruce $83,300 None Available
Secretary Of Housing & Urban Development $115,349 None Available
Dennis Dena Cerita $74,500 None Available
Moore Catherine $33,000 --
Monument Street Funding Llc $63,457 --
Ross Tarvis Lavelle -- Equity Title & Escrow Co
Ross Tarvis Lavelle -- Equity Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garry Bruce $41,650
Previous Owner Dennis Dena Cerita $73,915
Previous Owner Ross Tommy $56,900
Previous Owner Ross Tarvis Lavelle $48,000
Previous Owner Ross Tommy $30,000
Previous Owner Ross Tommy $34,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2016 05/12/16 Sold $27,000 -31.6% $19 / Sq Ft
04/15/2016 04/15/16 Pending -- -- --
04/07/2016 04/07/16 For Sale $39,500 +186.2% $28 / Sq Ft
01/13/2012 01/13/12 Sold $13,800 +6.2% $10 / Sq Ft
12/29/2011 12/29/11 Pending -- -- --
10/17/2011 10/17/11 For Sale $13,000 -- $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 $583 $27,700 $2,575 $25,125
2024 $583 $17,200 $2,125 $15,075
2023 $1,048 $17,200 $2,125 $15,075
2022 $1,048 $17,200 $2,125 $15,075
2021 $467 $17,200 $2,125 $15,075
2020 $1,183 $16,325 $2,125 $14,200
2019 $522 $16,325 $2,125 $14,200
2018 $522 $16,325 $2,125 $14,200
2017 $534 $16,325 $2,125 $14,200
2016 $659 $15,075 $0 $0
2014 $659 $15,075 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2016

    Terri Faulkner

    Reedy & Company, REALTORS

  • KaTrina Kelly-Isom

    Buyer's Agent in 2016

    KaTrina Kelly-Isom

    4 Success Realty, LLC

    10 in this area

    85 Total Sales

    KaTrina Kelly-Isom
    Section Image
  • Elizabeth Glosson

    Seller's Agent in 2012

    Elizabeth Glosson

    Fast Track Realty, LLC

    (901) 336-8103

    1 in this area

    136 Total Sales

    Elizabeth Glosson
    Section Image
  • Greg Glosson

    Seller Co-Listing Agent in 2012

    Greg Glosson

    Fast Track Realty, LLC

    (901) 550-3633

    12 Total Sales

    Greg Glosson
    Section Image

  • D

    Buyer's Agent in 2012

    Debra Reedy

    Reedy & Company, REALTORS

    (901) 493-8049

    Debra Reedy
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9974418

Memphis Area Association of REALTORS®

APN: 07-5126-0-0004

Tennessee Shelby County Memphis 38109 Westwood

749 W Raines Rd, Memphis, TN

This home is located at 749 W Raines Rd, Memphis, TN 38109 since 07 April 2016 and is currently estimated at $111,500, approximately $69 per square foot. This property was built in 1961. 749 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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