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1231 E Raines Rd; Memphis, TN Property Details

1231 E Raines Rd, Memphis, TN is a Commercial Office that was built in 2024. This property is currently a cash purchase and is not for sale. Our records show that 1231 E Raines Rd has a total of 8,932 square feet. The lot size of 1231 E Raines Rd is 27,138 square feet.

Off market
1231 E Raines Rd Memphis, TN 38116
$250,000 Listing Price
8,932 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 2024
  • Purchase Price: $400,000
  • APN: 07-9002-0-0001
  • Situs County: Shelby
  • Length Of Ownership: 4 years, 2 months

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Concrete
  • Building Condition: Very Good
  • Building Quality: A

Measurements

  • Total: 8,932/SqFt
  • Lot: 27,138/SqFt
  • Gross: 8,932/SqFt
  • Living: 8,932/SqFt
  • Building: 8,932/SqFt
  • Ground: 8,932/SqFt
  • Price Per Square Foot: $44.78

Legal Description

  • Description: SS RAINES AVE COR PACE RD SE
Building Insights

Land Information

  • Property Type: Commercial Office
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Shelby County School District
  • Lat / Lon: 35.035107 / -90.02297
  • Subdivision: M L Mosbys Acres
  • Property Class: Office
  • Zoning: CMU-1
  • County Use Code: 068

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 5877
  • Cooling: Central
  • Heating: Yes

Ownership Info

1231 E Raines Rd has no associated ownership info
1231 E Raines Rd has no associated ownership info.

Taxes

1231 E Raines Rd has 10 associated Taxes items

1231 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 $1,354,200. The APN we've located for 1231 E Raines Rd is 07-9002-0-0001.

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Taxes
  • Assessed Value:  $1,354,200
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  07-9002-0-0001
  • Assessed Land Value:  30040
  • Market Land Value:  75100
  • Tax Amount:  36427.98
  • Tax Year:  2025
  • Market Value:  3385500
  • Market Year:  2025

Tax History

1231 E Raines Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $1,354,200 Land Value $30,040 Improvement Value $1,324,160 Tax Amount $36,427.98 Change Rate +0.575434% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $23,122.51 Change Rate +2.84921% Assessed CR Tax Rate
Year 2023 Assessed Value $177,200 Land Value $24,600 Improvement Value $152,600 Tax Amount $6,007.08 Change Rate -0.443499% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $177,200 Land Value $24,600 Improvement Value $152,600 Tax Amount $10,794.38 Change Rate -0.011586% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $177,200 Land Value $24,600 Improvement Value $152,600 Tax Amount $10,920.91 Change Rate -0.14053% Assessed CR Tax Rate +0.06163%
Year 2020 Assessed Value $175,360 Land Value $24,600 Improvement Value $150,760 Tax Amount $12,706.56 Change Rate +1.267215% Assessed CR Tax Rate +0.07246%
Year 2019 Assessed Value $175,360 Land Value $24,600 Improvement Value $150,760 Tax Amount $5,604.48 Change Rate Assessed CR Tax Rate +0.03196%
Year 2018 Assessed Value $175,360 Land Value $24,600 Improvement Value $150,760 Tax Amount $5,604.48 Change Rate -0.023077% Assessed CR Tax Rate +0.03196%
Year 2017 Assessed Value $175,360 Land Value $24,600 Improvement Value $150,760 Tax Amount $5,736.87 Change Rate -0.053559% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $178,280 Land Value Improvement Value Tax Amount $6,061.52 Change Rate -0.221968% Assessed CR Tax Rate +0.034%
Year 2014 Assessed Value $178,280 Land Value Improvement Value Tax Amount $7,790.84 Change Rate +0.839141% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $4,236.13 Change Rate Assessed CR Tax Rate