Sold
Last Sold Price
3 beds1,248 sqft$72/sqft
1508 E Raines Rd, Memphis, TN 38116
Single FamilyProperty Type
10,454 sq ftLot Size
1957Year Built
$72/sq ftPrice per sq ft
2 carsParking Spaces

Description

Property currently under renovation. No showings. Please call list agent for more info. See attachments for scope of work. Property is rented and to be sold as investment. Property occupied by tenant with tenants rights.Property currently under renovation. No showings. Please call list agent for more info. See attachments for scope of work. Property is rented and to be sold as investment. Property occupied by tenant with tenants rights.
  • Listed by: Mark Saller • Premier Realty Group, LLC
Listing closed: 12/11/2014 12:00 AM • Source: MAARMLS, MLS#: 9936431

Recent comparable sales

Median sold price

$90,000

Avg days on market

37

Sale-to-list ratio

85.9%

Memphis, TN

9 comparable properties found

$96,000 | 1633 Puryear Road, Memphis, TN 38116
1/6
1

$96,000

Sold 07/28/26

3
Bedrooms
1,098
Square Feet
0.26
Acres
a front view of a house with a garden and yard
1/4
2

$80,000

Sold 12/02/24

3
Bedrooms
1,277
Square Feet
0.25
Acres
a house that has a tree in front of it
1/27
3

$90,000

Sold 04/07/26

3
Bedrooms
1,447
Square Feet
0.26
Acres
a view of house with backyard
1/2
4

$87,000

Sold 12/18/25

3
Bedrooms
1,331
Square Feet
0.27
Acres
$105,000 | 430 Craft Road, Memphis, TN 38109
1/12
5

$105,000

Sold 10/14/25

3
Bedrooms
1,080
Square Feet
0.35
Acres
$80,000 | 988 Michael Cove, Memphis, TN 38116
1/2
6

$80,000

Sold 06/09/26

3
Bedrooms
1,366
Square Feet
0.57
Acres
a living room with furniture and a flat screen tv
1/3
7

$106,000

Sold 04/07/25

3
Bedrooms
1,413
Square Feet
0.19
Acres
$90,000 | 1079 Alden Road, Memphis, TN 38116
1/41
8

$90,000

Sold 07/28/26

3
Bedrooms
1,509
Square Feet
0.42
Acres
a front view of a house with a garden and yard
1/34
9

$88,000

Sold 01/09/26

3
Bedrooms
1,426
Square Feet
0.26
Acres

Location

Listing Courtesy of Premier Realty Group, LLC

Sold By Premier Realty Group, LLC

Add your commute

Payment Calculator

$568 per month

30 year fixed, 6.55% Interest

Principal and Interest

$457

Property Taxes

$111

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1508 East Raines Road

Property Details
  • Taxes: $1,329 / year
  • MLS Type: Residential / Detached Single Family / No
  • Area: 764B
  • Style: Traditional
  • MAAR Subdivision Name: GRACELAND
  • Legal Subdivision Name: GRACELAND
Building Information
  • Stories: 1
  • Year Built: 1957
  • Lot Size: 0.24 AC / 10,454 SF
Summary
Location and General Information
  • Address: 1508 E RAINES
  • Address Search Number: 1508
  • Directions: RAINES RD TO WEST OF MILLBRANCH
  • Map Coordinate: B
  • MLS Map Num: Whitehaven/Graceland
  • Neighborhood Association: None
Parking
  • Parking Display: 2
  • Parking/Storage: Driveway/Pad
Property
Lot Information
  • Lot Size: 0x0
  • Acreage: .24
  • Lot Num: 508
  • Lot Description: Level
  • Parcel ID: 078095 00017
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: Other (See Remarks)
  • Misc Exterior: Other (See REMARKS)
  • Pool Description: None
Interior Features
  • Num of Fireplaces: 0.0
  • Additional Br/Bath Info: All Bedrooms Down
  • Apprx Heated Sq Ft Range: 1200-1399
  • 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)
  • Master Bedroom Dimensions: 0x0
  • Total Baths: 2

Property History for 1508 East Raines Road

DateEvent & SourcePriceAppreciation
Dec 11, 2014

Sold

MAARMLS #9936431

$89,900
Dec 9, 2014

Sold (Public Record)

Public Record #484428775

$89,900

+2.8% / yr

Oct 30, 2014

Contract Signed

MAARMLS #9936431

DateEvent & SourcePrice
12/11/2014

Sold

MAARMLS #9936431

$89,900
12/09/2014

Sold (Public Record)

Public Record #484428775

$89,900

+2.8% / yr

10/30/2014

Contract Signed

MAARMLS #9936431

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

Public Records for 1508 East Raines Road

Taxable ValueLand$5,300Additions$31,900Total$37,200
Tax Record2025$1,001 ($83 / month)
Home Facts
Beds3Baths2Total Finished SqFt1,248 SqFtAbove Grade Finished SqFt1,248 SqFtStories1Lot Size10,581 SqFtStyleSingle Family ResidenceYear Built1957Year Renovated1986ZoningR-10CountySHELBYAPN07-8095-0-0017

Schools near 1508 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 - K to 5
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: 1508 East Raines Road, Memphis, TN 38116
$89,900
3
1,248
10,454
$84,500
3
1,323
10,454
3
1,189
10,672
$145,000
4
2,456
10,890
$82,000
3
1,164
10,454
$50,000
3
2
1,126
10,498

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 Premier Realty Group, LLC

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, Reelfoot Regional AOR 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, Reelfoot Regional AOR 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, Reelfoot Regional AOR and Central West Tennessee Association of Realtors. Listing information Copyright© 2026 MLS of MAAR, Reelfoot Regional AOR and Central West Tennessee Association of Realtors, Inc. All Rights Reserved.