NOT LISTED FOR SALE

Estimated Value: $178,000 - $191,000

4 Beds
2 Baths
1,800-1,999 Sq Ft
$91/Sq Ft Est. Value

Last Sold March 22, 2024

Last sale price $167,000 $84 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,048/month

11 Days on Market

Highlights

  • Traditional Architecture
  • Porch
  • Dining Room
  • Some Wood Windows
  • Central Heating and Cooling System
  • Partially Carpeted

About This Home

As of March 2024

This home is located at 984 E Raines Rd, Memphis, TN 38116 since 01 February 2024 and is currently estimated at $182,405, approximately $101 per square foot. This property was built in 1951. 984 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

James Wachob

Foundation Property Management License #294924 Listed on: 02/01/2024

Foundation Property Management

Last Buyer's Agent

James Wachob

Foundation Property Management License #294924 Listed on: 02/01/2024

Foundation Property Management

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 96x165
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 1,829 Sq Ft Home
  • 1.2-Story Property
  • Some Wood Windows
  • Dining Room
  • Partially Carpeted

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Porch
  • Central Heating and Cooling System

Community Details

  • Lacey Mosbys Whitehaven Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 077027 00027

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: WHITEHAVEN PARK
  • Number Of Stories: 1.2
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1829
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Dining Room

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Wood/Composition

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 12
  • Acreage: 0.35
  • Lot Size: 96X165

Tax Info

  • Assessor Parcel Number: 077027 00027

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2024
Closed on
Mar 20, 2024
Sold by
Jayant Nishant
Bought by
Nagaral Santosh Shashank
Seller's Agent
James Wachob
Foundation Property Management
Buyer's Agent
James Wachob
Foundation Property Management
List Price
$167,000
Sold Price
$167,000
Views
6
Current Estimated Value
$182,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,405
Avg. Annual Appreciation
5.14%
Original Mortgage
$133,600
Outstanding Balance
$131,382
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$51,023

Purchase Details

Listed on
Mar 27, 2023
Closed on
May 10, 2023
Sold by
Alturas Properties Tennessee Llc
Bought by
Jayant Nishant
Seller's Agent
James Wachob
Foundation Property Management
Buyer's Agent
James Wachob
Foundation Property Management
List Price
$164,500
Sold Price
$164,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.75%
Original Mortgage
$123,375
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2021
Sold by
Reichardt Vincent
Bought by
Altureas Properties Tennessee Llc

Purchase Details

Closed on
Dec 9, 2020
Sold by
Williams Realty & Investments Llc
Bought by
Reichardt Vincent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,920
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2020
Sold by
Lester Lillian Jeanette
Bought by
Williams Realty & Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,920
Interest Rate
2.7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Nagaral Santosh Shashank $167,000 On Point Title Llc
Jayant Nishant $164,500 Saddle Creek Title
Altureas Properties Tennessee Llc -- None Available
Reichardt Vincent $129,900 None Available
Williams Realty & Investments Llc $55,000 Close Trak Closing & Ttl Svc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nagaral Santosh Shashank $133,600
Previous Owner Jayant Nishant $123,375
Previous Owner Reichardt Vincent $103,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/22/2024 03/22/24 Sold $167,000 0.0% $93 / Sq Ft
02/01/2024 02/01/24 For Sale $167,000 +1.5% $93 / Sq Ft
05/10/2023 05/10/23 Sold $164,500 0.0% $91 / Sq Ft View Prior Sale
03/27/2023 03/27/23 For Sale $164,500 -- $91 / 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 $1,106 $41,325 $4,300 $37,025
2024 $1,106 $32,625 $3,350 $29,275
2023 $1,106 $32,625 $3,350 $29,275
2022 $1,987 $32,625 $3,350 $29,275
2021 $2,011 $32,625 $3,350 $29,275
2020 $540 $16,900 $3,350 $13,550
2019 $540 $16,900 $3,350 $13,550
2018 $540 $16,900 $3,350 $13,550
2017 $553 $16,900 $3,350 $13,550
2016 $786 $17,975 $0 $0
2014 $786 $17,975 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10168436

Memphis Area Association of REALTORS®

APN: 07-7027-0-0027