About Home value Property history Tax history Market statistics Schools Neighborhood Places of interest

1316 E Raines Rd, Memphis, TN 38116

$137,000

Last sold 12/20/2022 for $75K

3
bed
1.1
bath
1,297
Sqft ($58/Sqft)

House not for sale

About 1316 E Raines Rd

Property type House

Neighborhood

Year built 1961

HOA fee $0/month

Lot size 0.25 Acre

Movoto estimate

Rental estimate

Property description

Great investment opportunity for investors. This property has been used as a cash flowing property. The house is in need of some repairs. The property is being sold AS IS condition.

Listed by

Listing Agent - Nicholas Bolding

Listing Office - Premier Realty Group, LLC

Source: MAAR MLS

MLS#10132565 • last updated 3 years ago

Movoto checked MAAR MLS for data 18 minutes ago

Overview
Cooling/AC	Central
Heating	Gas
Levels/Style	1, Traditional
Status	Closed
SubType	Other (See REMARKS), Attached Single Family
Type	Residential
MLS #	10132565
SqFt Range	1400-1599
Lot Size (SqFt)	83X132
Annual County Tax	879
Annual City Tax	691
Year Built	1961

Interior
# Full Baths	1
# Partial Baths	1
# Bedrooms	3
Living-Dining-Kitchen	Eat-In Kitchen
Total # of Rooms	6
Floor/ Ceiling	Part Carpet

Exterior
Parking Desc	Driveway/Pad
# Parking Spaces	1
Exterior	Storm Door(s)
Exterior Features	Patio
Lot Desc	Level

Amenities / Utilities
Pool Desc	None

Location
Area	764B
County	Shelby
APN	78099 17
Directions	Head Westbound On Raines Rd, Pass Over Millbranch Road. House Is On The Right Before Clarke Rd.

Lot/ Land Details
Acreage	0.25

$137K

Range: $95.9K-$178K

Last 30 days

Rental est.: $885/month

• Gross rent multiplier: 7.1 - Good

Dec 2022
MLS # 10132565
Dec 26, 2022 Sold
$75,000 (-21.1%)
Dec 10, 2022 Pending
—
Nov 21, 2022 Listed
—
Nov 4, 2022 Pending
—
Oct 24, 2022 Listed
$95,000 (-13.6%)
Oct 7, 2022 Pending
—
Sep 1, 2022 Listed
$110,000 (+31.1%)
Dec 2015
MLS # 9964329
Dec 28, 2015 Sold
$83,900 (+521.5%)
Oct 29, 2015 Listed
$83,900 (+321.6%)
Oct 2015
MLS # 9958655
Oct 29, 2015 Sold
$13,500 (-83.9%)
Oct 7, 2015 Price Change
$19,900 (-15.3%)
Aug 10, 2015 Listed
$23,499

Year Property taxes Tax assessment
2024
$2,580 +66.2%

$39,175 +53.78%
2023
$1,552

$25,475
2022
$1,552 -15.9%

$25,475
2021
$1,844 +30.0%

$25,475 +29.97%
2020
$1,419 +126.5%

$19,600
2019
$626 -21.1%

$19,600
2018
$794 -45.1%

$19,600
2017
$1,447 +147.0%

$19,600 +13.79%
2016
$586 -22.2%

$17,225
2014
$753 +14.0%

—
2011
$660

—

1316 E Raines Rd
$75K
Graceland
$152K -10% y/y
38116
$159K -8% y/y
Memphis
$169K -15% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
1324 E Raines Rd, Memphis, TN 38116	$129,000	3/2	1,370	0.02
1308 E Raines Rd, Memphis, TN 38116	$88,000	3/2	2,023	0.02
1317 Bonnie Dr, Memphis, TN 38116	$140,000	2/1	1,673	0.03
1332 E Raines Rd, Memphis, TN 38116	$147,000	3/2	1,789	0.03
1325 Bonnie Dr, Memphis, TN 38116	$160,000	3/2	2,384	0.03
1309 Bonnie Dr, Memphis, TN 38116	$123,000	2/1	1,196	0.03
1300 E Raines Rd, Memphis, TN 38116	$126,000	3/2	1,320	0.03
1333 Bonnie Dr, Memphis, TN 38116	$127,000	3/1	1,274	0.04

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.