Active

Price cut: $9.9K (3/24)

$100,000

1308 E Raines Rd, Memphis, TN 38116

3beds

2,015sqft

Est.:

Single Family Residence, Residential

Built in 1960

0.25 Acres Lot

$-- Zestimate^®

$50/sqft

$-- HOA

What's special

This 3-bedroom, 2.5-bath home offers a functional layout with plenty of potential for its next owner. The property features a single-car attached carport for convenient covered parking and a rear deck that’s perfect for relaxing or entertaining outdoors. Inside, you’ll find a spacious floor plan with ample room for comfortable living. Whether you’re a first-time homebuyer looking to add your personal touch or an investor seeking your next opportunity, this property presents great possibilities. Home is being sold in AS-IS condition. All offers must be submitted online at Auction.com. Purchasers may use any lender to finance the purchase of the property, however the seller requires that all non-cash offers must be pre-qualified by Newrez loans, prior to offer acceptance. Under FinCEN s new RRE Rule, transfers will be subject to reporting when buyers use entities or trusts to take title to residential real estate, when the transaction is all-cash, privately financed or HELOC.

67 days

444

31

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Heating

Central

Cooling

Central Air

Features

Flooring: Other
Number of fireplaces: 1

Interior area

Total structure area: 2,015
Total interior livable area: 2,015 sqft

Property

Parking

Total spaces: 1
Parking features: Attached, Parking Pad
Carport spaces: 1
Has uncovered spaces: Yes

Features

Levels: Three Or More
Stories: 1
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, Residential

Condition

New construction: No
Year built: 1960

Community & HOA

Community

Subdivision: Graceland

HOA

Has HOA: No

Location

Region: Memphis

Financial & listing details

Price per square foot: $50/sqft
Tax assessed value: $192,600
Annual tax amount: $2,035
Date on market: 2/11/2026

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
3/24/2026	Price change	$100,000-9%$50/sqft
Source: MAAR #10214381 Report a problem
3/21/2026	Price change	$109,900-15.4%$55/sqft
Source: MAAR #10214381 Report a problem
2/11/2026	Listed for sale	$129,900-13.3%$64/sqft
Source: MAAR #10214381 Report a problem
1/13/2026	Listing removed	$149,900$74/sqft
Source: MAAR #10207596 Report a problem
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
7/27/1999	Sold	$66,800$33/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,538 +24.7%	$48,150 +55.8%
2024	$2,035 +8.1%	$30,900
2023	$1,882	$30,900
2022	--	$30,900
2021	--	$30,900 +30.1%
2020	$759	$23,750
2019	$759 -21.1%	$23,750
2018	$962 -45.1%	$23,750
2017	$1,753 +137.3%	$23,750 +9.3%
2016	$739 -25.3%	$21,725
2014	$989	$21,725
2013	--	$21,725 -30%
2012	--	$31,025
2011	--	$31,025
2010	--	$31,025
2009	--	$31,025 +27.3%
2008	--	$24,375
2007	--	$24,375
2006	--	$24,375
2005	--	$24,375 +19.8%
2004	--	$20,350
2003	--	$20,350
2002	--	$20,350
2001	--	$20,350 -2.9%
2000	--	$20,950