1308 E Raines Rd

Memphis, TN 38116

$149,900
Price
3
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
a car parked in front of a house
a view of a car parked in front of a house
a front view of a house with a yard
a view of a house with a yard
a view of a street with houses
a view of a bench in front of building
a view of a park
an aerial view of a houses with outdoor space
a view of entryway with wooden floor
a view of city with the shops and fruits market
a view of a town with big house
a view of a swimming pool with a lawn chairs
a picture of city view
a view of a city
front view of a building with a street
a view of a large building
a view of a lake with a tree
a front view of a building with entryway
a street sign on a wall next to a road

Description

Don’t miss this chance to invest in a 3-bedroom, 2.5-bath brick home with a single attached carport. This property is currently tenant-occupied, offering an excellent opportunity for investors looking to expand their rental portfolio or for an owner-occupant seeking future potential. Please Note: The home is being sold AS-IS with no showings prior to purchase. Buyer will be responsible for obtaining possession of the property upon closing. Do not disturb or make contact with the occupants. All offers...Don’t miss this chance to invest in a 3-bedroom, 2.5-bath brick home with a single attached carport. This property is currently tenant-occupied, offering an excellent opportunity for investors looking to expand their rental portfolio or for an owner-occupant seeking future potential. Please Note: The home is being sold AS-IS with no showings prior to purchase. Buyer will be responsible for obtaining possession of the property upon closing. Do not disturb or make contact with the occupants. All offers must be submitted online at Auction.com. This is your opportunity to secure a sought-after property with built-in income potential—act fast!
  1. Listed by Christopher Mosby • ResiAmerica, Inc.

Property Details for 1308 East Raines Road

Area
764B
Style
Traditional
MAAR Subdivision Name
GRACELAND
Legal Subdivision Name
GRACELAND
LISTING UPDATED: 10/12/2025 09:36 PM

Property Details for 1308 East Raines Road

StatusActive
MLS #10207596
Days on Market72
Taxes$2,035 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Detached Single Family / No
Year Built1960
Lot Size0.25 AC / 10,890 SF
CountyShelby County

Location

Listing Courtesy of ResiAmerica, Inc.
Add your commute

Building Information for 1308 East Raines Road

Stories1Year Built1960Building Size-Lot Size0.25 AC / 10,890 SF

Payment Calculator

$910 per month

30 year fixed, 6.28% Interest

Principal and Interest

$741

Property Taxes

$170

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1308 East Raines Road

Summary
Location and General Information
  • Address: 1308 E RAINES RD
  • Address Search Number: 1308
  • Directions: From Raines and HWY 51(Elvis Presley), east on E Raines Rd home is on the left right past Charles Dr before the light at Faronia Rd
  • Geo Match Code: 0
  • Geo Matched Method: 0
  • Geo Quality: .95
  • Geo Update Timestamp: 10-13-2025
  • Geo Zoom Level: 16.00
  • Map Coordinate: B
  • MLS Map Num: Whitehaven/Graceland
  • Neighborhood Association: None
Parking
  • Parking Display: C1A
  • Parking/Storage: Driveway/Pad
Taxes and HOA Information
  • LVT Date: 10-12-2025
Property
Lot Information
  • Lot Size: 83X133
  • Acreage: .25
  • Lot Num: 178
  • Lot Description: Chain Fenced
  • Parcel ID: 078099 00018
Property and Assessments
  • Detached Unit Type: General Residential
  • Prop Construction Status: Existing Property
  • Service Type: Full Service Listing
Utilities
  • Cooling: Central
Interior and Exterior Features
Exterior Features
  • Exterior/Windows: Brick Veneer
  • Misc Exterior: Other (See REMARKS)
  • Pool Description: None
Interior Features
  • Additional Br/Bath Info: All Bedrooms Down
  • Bedrooms Down: 3.0
  • Den Great Room Dimensions: 0x0
  • Dining Room Dimensions: 0x0
  • Floors/Ceilings: Other (See REMARKS)
  • Heating: Central
  • Living Room Dimensions: 0x0
  • Living/Dining/Kitchen: Other (See Remarks)
  • Total Baths: 2

Property History for 1308 East Raines Road

DateEvent & SourcePriceAppreciation
Oct 12, 2025

Listed (Active)

MAARMLS #10207596

$149,900—
Jul 2, 2007

Temporarily Off Market

MAARMLS #3103271

—
May 11, 2007

Listed (Active)

MAARMLS #3103271

$125,000—
Jan 17, 2007

Sold (Public Record)

Public Record #213105540

$114,000—
Jan 17, 2007

Sold

MAARMLS #2651049

$114,000—
Dec 27, 2006

Contract Signed

MAARMLS #2651049

—
Sep 7, 2006

Listed (Active)

MAARMLS #2651049

$119,900—
Jan 26, 2000

Sold

MAARMLS #9922890

$50,000—
Dec 28, 1999

Contract Signed

MAARMLS #9922890

—
Dec 9, 1999

Listed (Active)

MAARMLS #9922890

$54,900—
DateEvent & SourcePrice
10/12/2025

Listed (Active)

MAARMLS #10207596

$149,900
07/02/2007

Temporarily Off Market

MAARMLS #3103271

—
05/11/2007

Listed (Active)

MAARMLS #3103271

$125,000
01/17/2007

Sold (Public Record)

Public Record #213105540

$114,000
01/17/2007

Sold

MAARMLS #2651049

$114,000
12/27/2006

Contract Signed

MAARMLS #2651049

—
09/07/2006

Listed (Active)

MAARMLS #2651049

$119,900
01/26/2000

Sold

MAARMLS #9922890

$50,000
12/28/1999

Contract Signed

MAARMLS #9922890

—
12/09/1999

Listed (Active)

MAARMLS #9922890

$54,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1308 East Raines Road

Taxable ValueLand$5,325Additions$42,825Total$48,150
Tax Record2024$3,171 ($264 / month)
Home Facts
Beds3Baths2.5Total Finished SqFt2,023 SqFtAbove Grade Finished SqFt2,023 SqFtStories1Lot Size10,977 SqFtStyleSingle Family ResidenceYear Built1955ZoningR-10CountySHELBYAPN078-099- - -00018Fireplace TypeHas Fireplace

Schools near 1308 East Raines Road

This home is within Shelby County Schools.
Rating
School
Type
Grades
Distance
Robert R. Church Elementary School
Public - PK to 5
A. Maceo Walker Middle School
Public - 6 to 8
Hillcrest High School
Charter - 9 to 12
Memphis School of Excellence Cordova
Charter - 6 to 12
Rating
School
Distance
Robert R. Church Elementary School
PublicPK to 5

A. Maceo Walker Middle School
Public6 to 8

Hillcrest High School
Charter9 to 12

Memphis School of Excellence Cordova
Charter6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1308 East Raines Road, Memphis, TN 38116

1308 East Raines Road is a single family home for sale in Memphis, TN 38116. This property was listed for sale on October 12, 2025 by ResiAmerica, Inc., it's currently listed at $149,900. It has been on the market for a total of 72 days and was last sold on January 17, 2007. This listing's school district is Shelby County Schools. Nearby schools include Robert R. Church Elementary School, A. Maceo Walker Middle School and Hillcrest High School. 1308 East Raines Road is a 3-bed, 3-bath, single family home built in 1960.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of ResiAmerica, Inc.

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Services of MAAR and Central West Tennessee Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Compass are identified with the MAAR and Central West Tennessee Association of Realtors logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by MAAR and Central West Tennessee Association of Realtors. Listing information Copyright© 2025 MLS of MAAR and Central West Tennessee Association of Realtors, Inc. All Rights Reserved.