Last Sold Price
3 beds2,015 sqft$44/sqft
1308 E Raines Rd, Memphis, TN 38116

Description

This 3-bedroom, 2.5-bath home offers a functional layout with plenty of potential for its next owner. The property features a single-car attached carport for convenient covered parking and a rear deck that’s perfect for relaxing or entertaining outdoors. Inside, you’ll find a spacious floor plan with ample room for comfortable living. Whether you’re a first-time homebuyer looking to add your personal touch or an investor seeking your next opportunity, this property presents great possibilities. Home...This 3-bedroom, 2.5-bath home offers a functional layout with plenty of potential for its next owner. The property features a single-car attached carport for convenient covered parking and a rear deck that’s perfect for relaxing or entertaining outdoors. Inside, you’ll find a spacious floor plan with ample room for comfortable living. Whether you’re a first-time homebuyer looking to add your personal touch or an investor seeking your next opportunity, this property presents great possibilities. Home is being sold in AS-IS condition. All offers must be submitted online at Auction.com. Purchasers may use any lender to finance the purchase of the property, however the seller requires that all non-cash offers must be pre-qualified by Newrez loans, prior to offer acceptance. Under FinCEN s new RRE Rule, transfers will be subject to reporting when buyers use entities or trusts to take title to residential real estate, when the transaction is all-cash, privately financed or HELOC.
LISTING CLOSED: 06/02/2026 12:00 AM

  1. Listed by Christopher Mosby • ResiAmerica Inc

Property Details for 1308 East Raines Road

Status
MLS #
3129739
Days on Market
83
Taxes
$2,035 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Detached Single Family / No
Year Built
1960
Lot Size
0.25 AC / 10,890 SF
Architectural Style
Traditional
Subdivision Name
GRACELAND
Waterfront
No

Location

Listing Courtesy of ResiAmerica Inc

Sold By The Home Partners Realty

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Building Information for 1308 East Raines Road

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

Payment Calculator

$623 per month

30 year fixed, 6.55% Interest

Principal and Interest

$454

Property Taxes

$170

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1308 East Raines Road

Summary
Location and General Information
  • 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
  • Levels: Three Or More
  • Living Area Source: Assessor
  • Living Area Units: Square Feet
  • Mlg Can View: Yes
Parking
  • Parking Features: Attached, Parking Pad
  • Parking Total: 1.00
Taxes and HOA Information
  • Condo Coop Association YN: No
  • Tax Lot: 178
Property
Building Information
  • Above Grade Finished Area Source: Assessor
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Source: Assessor
  • Below Grade Finished Area Units: Square Feet
  • Building Area Source: Assessor
  • Building Area Units: Square Feet
  • Flooring: Other
Lot Information
  • Lot Size Units: Acres
  • Parcel Number: 078099 00018
  • Lot Size Area: 0.25
Property and Assessments
  • Documents Count: 0
  • New Construction: No
  • Possession: Negotiable
  • Property Attached: No
  • Senior Community: No
  • Stories: 1
  • Year Built Details: Existing
Utilities
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Central
  • Heating: Yes
Interior and Exterior Features
Interior Features
  • Fireplaces Total: 1
  • Fireplace: Yes
Exterior Features
  • Attached Garage: No
  • Carport Spaces: 1
  • Carport: Yes
  • Covered Spaces: 1.00
  • Exterior Features: No Dock
  • Fencing: Chain Link
  • Pool Private: No
  • View YN: No

Property History for 1308 East Raines Road

DateEvent & SourcePriceAppreciation
Jun 2, 2026

Sold

REALTRACS #3129739

$89,250
Jun 2, 2026

Contract Signed

REALTRACS #3129739

Jun 2, 2026

Sold

MAARMLS #10214381

$89,250
DateEvent & SourcePrice
06/02/2026

Sold

REALTRACS #3129739

$89,250
06/02/2026

Contract Signed

REALTRACS #3129739

06/02/2026

Sold

MAARMLS #10214381

$89,250

For completeness, we 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 Record2025$1,295 ($108 / month)
Home Facts
Beds3Baths2.5Total Finished SqFt2,023 SqFtAbove Grade Finished SqFt2,023 SqFtStories1Lot Size10,978 SqFtStyleSingle Family ResidenceYear Built1955Year Renovated1955ZoningR-10CountySHELBYAPN07-8099-0-0018

Schools near 1308 East Raines Road

This home is within Shelby County Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Charter - 9 to 12
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

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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1308 East Raines Road, Memphis, TN 38116
$89,250
3
2,015
10,890
$79,900
3
1,335
10,890
$75,000
3
1,297
10,890
$61,500
2
1,196
10,890
2
2
1,578
11,205
$125,000
4
1,000
10,890

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of ResiAmerica Inc

Based on information submitted to the MLS GRID as of 06/08/2026 01:55 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.