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1151 W Raines Rd; Memphis, TN Property Details

1151 W Raines Rd, Memphis, TN is a Single Family that was built in 1959. This property is currently Financed and is not for sale. Our records show that 1151 W Raines Rd has 3 bedrooms, and 1 bathroom, and a total of 1,680 square feet. The lot size of 1151 W Raines Rd is 15,800 square feet.

Off market
1151 W Raines Rd Memphis, TN 38109
$32,000 Listing Price
3 Beds
1 Baths
1,680 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1959
  • Purchase Price: $103,000
  • Open Loans / Balance: 1 / $90,425
  • Est. Equity / %: $58,575 / 39.31%
  • Gross Yield: 7.031%
  • APN: 08-2027-0-0077
  • Situs County: Shelby
  • Length Of Ownership: 5 years, 7 months

Rooms

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

Structure

  • Stories: 1
  • Exterior Wall Type: Brick veneer
  • Building Condition: Average
  • Building Quality: D
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 1,680/SqFt
  • Lot: 15,800/SqFt
  • Gross: 1,680/SqFt
  • Living: 1,680/SqFt
  • Building: 1,680/SqFt
  • Ground: 1,680/SqFt
  • Price Per Square Foot: $61.31

Legal Description

  • Description: SS RAINES RD SEE MAP S-0 (TILE# 400)
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: 35.035618 / -90.1024
  • Subdivision: Union Central Life Ins Co
  • Property Class: Residential
  • Zoning: R-6
  • County Use Code: 062

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 4101
  • Bathroom Fixtures: 5
  • Cooling: Central
  • Heating: Central

Ownership Info

1151 W Raines Rd has no associated ownership info
1151 W Raines Rd has no associated ownership info.

Taxes

1151 W Raines Rd has 10 associated Taxes items

1151 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 $27,475. The APN we've located for 1151 W Raines Rd is 08-2027-0-0077.

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Taxes
  • Assessed Value:  $27,475
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  08-2027-0-0077
  • Assessed Land Value:  1700
  • Market Land Value:  6800
  • Tax Amount:  739.08
  • Tax Year:  2025
  • Market Value:  109900
  • Market Year:  2025

Tax History

1151 W Raines Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $27,475 Land Value $1,700 Improvement Value $25,775 Tax Amount $739.08 Change Rate -0.097241% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $24,150 Land Value $1,375 Improvement Value $22,775 Tax Amount $818.69 Change Rate Assessed CR Tax Rate +0.0339%
Year 2023 Assessed Value $24,150 Land Value $1,375 Improvement Value $22,775 Tax Amount $818.69 Change Rate -0.4435% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $24,150 Land Value $1,375 Improvement Value $22,775 Tax Amount $1,471.14 Change Rate -0.01159% Assessed CR Tax Rate +0.060917%
Year 2021 Assessed Value $24,150 Land Value $1,375 Improvement Value $22,775 Tax Amount $1,488.39 Change Rate +1.095999% Assessed CR Tax Rate +0.061631%
Year 2020 Assessed Value $9,800 Land Value $1,250 Improvement Value $8,550 Tax Amount $710.11 Change Rate +1.267273% Assessed CR Tax Rate +0.07246%
Year 2019 Assessed Value $9,800 Land Value $1,250 Improvement Value $8,550 Tax Amount $313.2 Change Rate Assessed CR Tax Rate +0.031959%
Year 2018 Assessed Value $9,800 Land Value $1,250 Improvement Value $8,550 Tax Amount $313.2 Change Rate -0.023112% Assessed CR Tax Rate +0.031959%
Year 2017 Assessed Value $9,800 Land Value $1,250 Improvement Value $8,550 Tax Amount $320.61 Change Rate -0.082267% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $10,275 Land Value Improvement Value Tax Amount $349.35 Change Rate -0.221972% Assessed CR Tax Rate +0.034%
Year 2014 Assessed Value $10,275 Land Value Improvement Value Tax Amount $449.02 Change Rate +0.044937% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $429.71 Change Rate Assessed CR Tax Rate