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1040 E Raines Rd; Memphis, TN Property Details

1040 E Raines Rd, Memphis, TN is a Single Family that was built in 1951. This property is currently a cash purchase and is not for sale. Our records show that 1040 E Raines Rd has 3 bedrooms, and 1 bathroom, and a total of 1,280 square feet. The lot size of 1040 E Raines Rd is 18,500 square feet.

Off market
1040 E Raines Rd Memphis, TN 38116
$25,800 Estimated Value
3 Beds
1 Baths
1,280 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 1951
  • Purchase Price: $12,000
  • Est. Equity / %: $154,000 / 100%
  • Gross Yield: 4.387%
  • APN: 07-7027-0-0021
  • Situs County: Shelby
  • Length Of Ownership: 12 years, 8 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 6

Structure

  • Building Style: Frame
  • Stories: 1
  • Building Condition: Fair
  • Building Quality: D
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 1,280/SqFt
  • Lot: 18,500/SqFt
  • Gross: 1,280/SqFt
  • Living: 1,280/SqFt
  • Building: 1,280/SqFt
  • Ground: 1,280/SqFt
  • Price Per Square Foot: $9.38
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Shelby County School District
  • Lat / Lon: 35.03569 / -90.02931
  • Subdivision: Lacey Mosbys Whitehaven Park
  • Property Class: Residential
  • Zoning: OG
  • County Use Code: 062

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 6337
  • Bathroom Fixtures: 3
  • Heating: Forced air unit

HOA

  • H O A One Name: Lacey Mosby'S Whitehaven Park Subdivision
  • H O A One Type: Home Owner Association

Ownership Info

1040 E Raines Rd has no associated ownership info
1040 E Raines Rd has no associated ownership info.

Taxes

1040 E Raines Rd has 10 associated Taxes items

1040 E Raines Rd, Memphis, TN pays taxes in Shelby County, TN. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $25,800. The APN we've located for 1040 E Raines Rd is 07-7027-0-0021.

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Taxes
  • Assessed Value:  $25,800
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  07-7027-0-0021
  • Assessed Land Value:  4450
  • Market Land Value:  17800
  • Tax Amount:  694.02
  • Tax Year:  2025
  • Market Value:  103200
  • Market Year:  2025

Tax History

1040 E Raines Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $25,800 Land Value $4,450 Improvement Value $21,350 Tax Amount $694.02 Change Rate +0.261786% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $16,225 Land Value $3,475 Improvement Value $12,750 Tax Amount $550.03 Change Rate Assessed CR Tax Rate +0.0339%
Year 2023 Assessed Value $16,225 Land Value $3,475 Improvement Value $12,750 Tax Amount $550.03 Change Rate -0.443492% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $16,225 Land Value $3,475 Improvement Value $12,750 Tax Amount $988.36 Change Rate +1.245354% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $16,225 Land Value $3,475 Improvement Value $12,750 Tax Amount $440.18 Change Rate +0.078106% Assessed CR Tax Rate +0.02713%
Year 2020 Assessed Value $12,775 Land Value $3,475 Improvement Value $9,300 Tax Amount $408.29 Change Rate Assessed CR Tax Rate +0.03196%
Year 2019 Assessed Value $12,775 Land Value $3,475 Improvement Value $9,300 Tax Amount $408.29 Change Rate Assessed CR Tax Rate +0.03196%
Year 2018 Assessed Value $12,775 Land Value $3,475 Improvement Value $9,300 Tax Amount $408.29 Change Rate -0.023066% Assessed CR Tax Rate +0.03196%
Year 2017 Assessed Value $12,775 Land Value $3,475 Improvement Value $9,300 Tax Amount $417.93 Change Rate -0.10929% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $13,800 Land Value Improvement Value Tax Amount $469.21 Change Rate -0.221951% Assessed CR Tax Rate +0.034001%
Year 2014 Assessed Value $13,800 Land Value Improvement Value Tax Amount $603.06 Change Rate +0.165559% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $517.4 Change Rate Assessed CR Tax Rate