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1056 W Raines Rd; Memphis, TN Property Details

1056 W Raines Rd, Memphis, TN is a Shopping Center/mall that was built in 1984. This property is currently Financed and is not for sale. Our records show that 1056 W Raines Rd has a total of 10,990 square feet. The lot size of 1056 W Raines Rd is 367,289 square feet.

Off market
1078 W Raines Rd Memphis, TN 38109
$206,880 Estimated Value
10,990 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1984
  • Purchase Price: $850,000
  • Open Loans / Balance: 1 / $681,643
  • Inv. Liens: 2
  • APN: 08-2017-0-0088
  • Situs County: Shelby
  • Length Of Ownership: 4 years

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Brick
  • Building Condition: Poor
  • Building Quality: E

Measurements

  • Total: 10,990/SqFt
  • Lot: 367,289/SqFt
  • Gross: 10,990/SqFt
  • Living: 10,990/SqFt
  • Building: 10,990/SqFt
  • Ground: 10,990/SqFt
  • Price Per Square Foot: $77.34

Legal Description

  • Description: WS WEAVER RD COR RAINES RD NW
Building Insights

Land Information

  • Property Type: Shopping Center/Mall
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Shelby County School District
  • Lat / Lon: 35.03698 / -90.09966
  • Subdivision: Union Central Life Ins Co
  • Property Class: Commercial
  • Zoning: CMU-1
  • County Use Code: 040

Amenities

  • Heating Fuel Type: Gas
  • Cooling: None
  • Heating: None

Ownership Info

1078 W Raines Rd has no associated ownership info
1078 W Raines Rd has no associated ownership info.

Taxes

1078 W Raines Rd has 10 associated Taxes items

1056 W 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 $206,880. The APN we've located for 1056 W Raines Rd is 08-2017-0-0088.

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Taxes
  • Assessed Value:  $206,880
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  08-2017-0-0088
  • Assessed Land Value:  104880
  • Market Land Value:  262200
  • Tax Amount:  5565.07
  • Tax Year:  2025
  • Market Value:  517200
  • Market Year:  2025

Tax History

1078 W Raines Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $206,880 Land Value $104,880 Improvement Value $102,000 Tax Amount $5,565.07 Change Rate -0.089409% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $6,111.49 Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $180,280 Land Value $104,880 Improvement Value $75,400 Tax Amount $6,111.49 Change Rate +0.561252% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $64,260 Land Value $41,940 Improvement Value $22,320 Tax Amount $3,914.48 Change Rate +0.069419% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $64,260 Land Value $41,940 Improvement Value $22,320 Tax Amount $3,660.38 Change Rate -0.244564% Assessed CR Tax Rate +0.056962%
Year 2020 Assessed Value $66,870 Land Value $44,550 Improvement Value $22,320 Tax Amount $4,845.39 Change Rate +1.26721% Assessed CR Tax Rate +0.07246%
Year 2019 Assessed Value $66,870 Land Value $44,550 Improvement Value $22,320 Tax Amount $2,137.16 Change Rate -0.331297% Assessed CR Tax Rate +0.03196%
Year 2018 Assessed Value $100,000 Land Value $67,400 Improvement Value $32,600 Tax Amount $3,195.98 Change Rate -0.023081% Assessed CR Tax Rate +0.03196%
Year 2017 Assessed Value $100,000 Land Value $67,400 Improvement Value $32,600 Tax Amount $3,271.49 Change Rate -0.037797% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $100,000 Land Value Improvement Value Tax Amount $3,400 Change Rate -0.221968% Assessed CR Tax Rate +0.034%
Year 2014 Assessed Value $100,000 Land Value Improvement Value Tax Amount $4,370 Change Rate +0.038168% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $4,209.34 Change Rate Assessed CR Tax Rate