Check Availability

1416 East Raines Road

1416 East Raines Road, Memphis, TN 38116
Sold May 04, 2018
$110,000
Sold May 19, 2017
$60,600
Local assessors in Memphis, TN have categorized 1416 East Raines Road as a residential type of property. The home was built in 1957 and is 67 years old. The property's lot size has been calculated to be 11,232 square feet. The linear feet between the front and back of the lot was measured at 1,380 ft and the front of the lot was measured at 810 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a traditional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1416 East Raines Road has a total of 1,945 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - A. The building has a hip style roof that was made of composition shingle. Lots of brick veneer were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Apr 17, 2018 for $110,000. That's $56.56 per sqft. Prior to that sales transaction, the property was also sold in Apr 1, 2004 for $60,600. 1416 East Raines Road was last assessed in 2022. The total value of the property was assessed at $29,150. Specifically, the land the property is located on was valued at $4,100. While improvements on the property were assessed at a total of $25,050. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,776. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: A
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,232
  • Lot Size Depth Feet: 1,380
  • Lot Size Frontage Feet: 810
  • Total Building Area: 1,945
  • Gross Building Area: 1,945
  • Building Area: 1,945
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,945
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GRACELAND
  • Land Acres: 0.258
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : BAH MOHAMED
  • Previous Owner : RCJ REAL ESTATE INC
  • Owner Before Previous Owner: COLE THELMA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 022024

Zoning

  • Zoning: R-10

Geography

  • District: O
  • Parcel: 07-8096-0-0018
  • Lot: 518
  • Municipality: MEMPHIS
  • Latitude: 35.0358
  • Longitude: -90.0167

    Address

  • Full Address: 1416 E Raines Rd
  • Address - House Number: 1416
  • Street Direction: E
  • Address - Street Name: Raines
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Memphis
  • Carrier Code: C005
  • 4-Digit Zip Code: 5911
  • Zip Code: 38116

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,776

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 119,317
  • High Value: 173,583
  • Low Value: 65,050

    Market Valuation

  • Market Total Value: $116,600
  • Market Land Value: $16,400
  • Market Improvement Value: $100,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $29,150
  • Assessed Land Value: $4,100
  • Assessed Improvements Value: $25,050

    Sales

  • Current Sale Contract Date: Apr 17, 2018
  • Current Sale Recording Date: May 04, 2018
  • Current Sale Transaction ID: 11460282721
  • Current Sale Price: $110,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 18044020
  • Previous Sale Recording Date: May 19, 2017
  • Previous Sale Contract Date: Apr 01, 2004
  • Previous Sale Amount: $60,600
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: EAGLE MORTGAGE & FUNDING CORP
  • First Mortgage Transaction Date: May 04, 2018
  • First Mortgage Loan Amount: $80,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2048

About Mc Kellar - Whitehaven-Levi PD



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 1351 Janis, Memphis, TN, 38116

$1,600 /mo

  • 3 Beds
  • 2 Baths
1351 Janis, Memphis, TN, 38116 Listing by Sondretta Green
Unit for rent at 5273 Chatfield, Memphis, TN, 38116

$1,250 /mo

  • 3 Beds
  • 2.5 Baths
5273 Chatfield #5273, Memphis, TN, 38116 Listing by Robert Farris
Unit for rent at 742 Whitehaven Ln, Memphis, TN, 38109

$1,050 /mo

  • 3 Beds
  • 1 Bath
  • 1,125 ft²
742 Whitehaven Ln #742 Whitehaven Ln, Memphis, TN, 38109 Listing by Manager
Unit for rent at 4376 Gardenview Dr, Memphis, TN, 38116

$1,375 /mo

  • 3 Beds
  • 2 Baths
  • 1,482 ft²
4376 Gardenview Dr #4376 Gardenview Dr, Memphis, TN, 38116 Listing by Manager
Unit for rent at 1479 Old Hickory Rd, Memphis, TN, 38116

$1,395 /mo

  • 3 Beds
  • 2 Baths
  • 1,340 ft²
1479 Old Hickory Rd #1479 Old Hickory Rd, Memphis, TN, 38116 Listing by Manager
Unit for rent at 1156 Meadowlark Lane, Memphis, TN, 38116

$1,250 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,364 ft²
1156 Meadowlark Lane #1156 Meadowlark Lane, Memphis, TN, 38116 Listing by Manager
Unit for rent at 1807 Grovehaven Cir., Memphis, TN, 38116

$950 /mo

  • 2 Beds
  • 1.5 Baths
  • 1,216 ft²
1807 Grovehaven Cir. #1807 Grovehaven Cir., Memphis, TN, 38116 Listing by Manager

Frequently Asked Questions

What neighborhood is 1416 East Raines Road located in?
The 1416 East Raines Road is a house located in the neighborhood of Mc Kellar - Whitehaven-Levi PD in Mc Kellar - Whitehaven-Levi PD, Memphis.
What is the average sales price for listings in 1416 East Raines Road?
The average sales price for units in 1416 East Raines Road is $0 currently.

Quantcast