Don’t miss this chance to invest in a 3-bedroom, 2.5-bath brick home with a single attached carport. This property is currently tenant-occupied, offering an excellent opportunity for investors looking to expand their rental portfolio or for an owner-occupant seeking future potential. Please Note: The home is being sold AS-IS with no showings prior to purchase. Buyer will be responsible for obtaining possession of the property upon closing. Do not disturb or make contact with the occupants. All offers must be submitted online at Auction.com. This is your opportunity to secure a sought-after property with built-in income potential—act fast!
For sale
$149,900
1308 E Raines Rd, Memphis, TN 38116
3beds
2,015sqft
Est.:
Single Family Residence
Built in 1960
0.25 Acres Lot
$-- Zestimate®
$74/sqft
$-- HOA
What's special
Brick homeSingle attached carport
- 87 days |
- 123 |
- 5 |
Zillow last checked: 8 hours ago
Listing updated: October 12, 2025 at 07:36pm
Listed by:
Christopher Mosby,
ResiAmerica, Inc. 901-730-8033
Source: MAAR,MLS#: 10207596
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Dimensions: 0 x 0
Dining room
- Dimensions: 0 x 0
Living room
- Dimensions: 0 x 0
Den
- Dimensions: 0 x 0
Heating
- Central
Cooling
- Central Air
Features
- All Bedrooms Down, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
- Has fireplace: No
Interior area
- Total interior livable area: 2,015 sqft
Property
Parking
- Total spaces: 1
- Parking features: Driveway/Pad
- Covered spaces: 1
- Has uncovered spaces: Yes
Features
- Stories: 1
- Exterior features: Other (See REMARKS)
- Pool features: None
- Fencing: Chain Link
Lot
- Size: 0.25 Acres
- Dimensions: 83 x 133
Details
- Parcel number: 078099 00018
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Brick Veneer
Condition
- New construction: No
- Year built: 1960
Community & HOA
Community
- Subdivision: Graceland
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $74/sqft
- Tax assessed value: $123,600
- Annual tax amount: $2,035
- Price range: $149.9K - $149.9K
- Date on market: 10/13/2025
- Cumulative days on market: 88 days
Estimated market value
Not available
Estimated sales range
Not available
$1,395/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/13/2025 | Listed for sale | $149,900+223.4%$74/sqft |
Source:  MAAR #10207596 Report a problem | ||
| 8/27/2024 | Sold | $46,347-59.3%$23/sqft |
Source: Public Record Report a problem | ||
| 1/25/2007 | Sold | $114,000+39.9%$57/sqft |
Source: Public Record Report a problem | ||
| 8/8/2000 | Sold | $81,500+63%$40/sqft |
Source: Public Record Report a problem | ||
| 2/2/2000 | Sold | $50,000-25.1%$25/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,035 +8.1% | $30,900 |
| 2023 | $1,882 | $30,900 |
| 2022 | -- | $30,900 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$929/mo
Principal & interest
$757
Property taxes
$120
Home insurance
$52
Climate risks
Neighborhood: White Haven-Coro Lake
Nearby schools
GreatSchools rating
- 4/10Robert R. Church Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 6/10A. Maceo Walker Middle SchoolGrades: 6-8Distance: 1.1 mi
- 4/10Hillcrest High SchoolGrades: 9-12Distance: 0.4 mi
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