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1241 E Raines Rd; Memphis, TN Property Details

1241 E Raines Rd, Memphis, TN is a Retail Stores that was built in 1961. This property is currently Financed and is not for sale. Our records show that 1241 E Raines Rd has a total of 5,042 square feet. The lot size of 1241 E Raines Rd is 21,500 square feet.

Off market
1241 E Raines Rd Memphis, TN 38116
$125,240 Estimated Value
5,042 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1961
  • Purchase Price: $180,000
  • APN: 07-9002-0-0002
  • Situs County: Shelby
  • Length Of Ownership: 28 years

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Brick
  • Building Condition: Average
  • Building Quality: C

Measurements

  • Total: 5,042/SqFt
  • Lot: 21,500/SqFt
  • Gross: 5,042/SqFt
  • Living: 5,042/SqFt
  • Building: 5,042/SqFt
  • Ground: 5,042/SqFt
  • Price Per Square Foot: $35.70

Legal Description

  • Description: SS RAINES RD 100 FT E OF PACE RD
Building Insights

Land Information

  • Property Type: Retail Stores
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Shelby County School District
  • Lat / Lon: 35.03511 / -90.02265
  • Subdivision: Whitehaven 1st Addn
  • Property Class: Commercial
  • Zoning: CMU-1
  • County Use Code: 034

Amenities

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

Ownership Info

1241 E Raines Rd has no associated ownership info
1241 E Raines Rd has no associated ownership info.

Taxes

1241 E Raines Rd has 10 associated Taxes items

1241 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 $125,240. The APN we've located for 1241 E Raines Rd is 07-9002-0-0002.

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Taxes
  • Assessed Value:  $125,240
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  07-9002-0-0002
  • Assessed Land Value:  19120
  • Market Land Value:  47800
  • Tax Amount:  3368.96
  • Tax Year:  2025
  • Market Value:  313100
  • Market Year:  2025

Tax History

1241 E Raines Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $125,240 Land Value $19,120 Improvement Value $106,120 Tax Amount $3,368.96 Change Rate +0.236062% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $80,400 Land Value $15,320 Improvement Value $65,080 Tax Amount $2,725.56 Change Rate Assessed CR Tax Rate +0.0339%
Year 2023 Assessed Value $80,400 Land Value $15,320 Improvement Value $65,080 Tax Amount $2,725.56 Change Rate -0.4435% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $80,400 Land Value $15,320 Improvement Value $65,080 Tax Amount $4,897.68 Change Rate -0.169088% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $95,640 Land Value $15,320 Improvement Value $80,320 Tax Amount $5,894.34 Change Rate +0.220684% Assessed CR Tax Rate +0.06163%
Year 2020 Assessed Value $66,640 Land Value $15,320 Improvement Value $51,320 Tax Amount $4,828.72 Change Rate +1.267218% Assessed CR Tax Rate +0.07246%
Year 2019 Assessed Value $66,640 Land Value $15,320 Improvement Value $51,320 Tax Amount $2,129.8 Change Rate -0.034205% Assessed CR Tax Rate +0.03196%
Year 2018 Assessed Value $69,000 Land Value $15,320 Improvement Value $53,680 Tax Amount $2,205.23 Change Rate -0.023076% Assessed CR Tax Rate +0.03196%
Year 2017 Assessed Value $69,000 Land Value $15,320 Improvement Value $53,680 Tax Amount $2,257.32 Change Rate -0.037805% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $69,000 Land Value Improvement Value Tax Amount $2,346.01 Change Rate -0.221965% Assessed CR Tax Rate +0.034%
Year 2014 Assessed Value $69,000 Land Value Improvement Value Tax Amount $3,015.3 Change Rate +0.245472% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $2,421.01 Change Rate Assessed CR Tax Rate