494 East Raines Road

Closed 10/20/25
Closed 10/20/25
Gallery Image 1
Bathroom with vanity, a bathtub, and tile patterned flooring
Unfurnished dining area with dark wood-type flooring and arched walkways
Unfurnished room featuring heating unit, cooling unit, and carpet flooring
Spare room featuring cooling unit, dark colored carpet, and heating unit
View of closet
Spare room featuring ceiling fan and dark wood-type flooring
Kitchen with backsplash, beam ceiling, white cabinets, and light tile patterned flooring
Empty room featuring arched walkways and wood finished floors
Sold
Last Sold Price
$113,250
3 beds1,286 sqft$88/sqft
494 E Raines Rd, Memphis, TN 38109
Single FamilyProperty Type
0.42 acresLot Size
1948Year Built
$88/sq ftPrice per sq ft
2 carsParking Spaces

Description

Investor Special in Whitehaven for sale! Home recently updated with new flooring, lighting and paint. New HVAC in 2024 and new roof! With our renovations, this will reduce overall maintenance on the home! Home is professionally managed and currently occupied on a two-year lease at $1025 in year one and $1075 in year 2! Lease ends May 2027. Call listing agent for details. Do not disturb tenants. Access granted upon accepted offer!Investor Special in Whitehaven for sale! Home recently updated with new flooring, lighting and paint. New HVAC in 2024 and new roof! With our renovations, this will reduce overall maintenance on the home! Home is professionally managed and currently occupied on a two-year lease at $1025 in year one and $1075 in year 2! Lease ends May 2027. Call listing agent for details. Do not disturb tenants. Access granted upon accepted offer!
  • Listed by: Andrew Akins • CB Properties of Memphis, LLC
Listing closed: 10/20/2025 12:00 AM • Source: MAARMLS, MLS#: 10198721

Recent comparable sales

Median sold price

$104,000

Avg days on market

70

Sale-to-list ratio

98.0%

Memphis, TN

9 comparable properties found

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$87,500 | 4900 Applestone Street, Memphis, TN 38109
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253 East Raines Road, Memphis, TN 38109

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Location

Listing Courtesy of CB Properties of Memphis, LLC

Sold By CB Properties of Memphis, LLC

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$670 per month

30 year fixed, 6.55% Interest

Principal and Interest

$576

Property Taxes

$94

HOA Dues

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Property Information for 494 East Raines Road

Property Details
  • Taxes: $1,128 / year
  • MLS Type: Residential / Detached Single Family / No
  • County: Shelby County
  • Area: 763E
  • Style: Traditional
  • MAAR Subdivision Name: Westwood
  • Legal Subdivision Name: Westwood Meadows
Building Information
  • Stories: 1
  • Year Built: 1948
  • Lot Size: 0.42 AC / 18,295 SF
Summary
Location and General Information
  • Address: 494 E RAINES RD
  • Address Search Number: 494
  • Directions: Raines and Neely
  • Geo Match Code: 0
  • Geo Matched Method: 0
  • Geo Quality: .95
  • Geo Update Timestamp: 06-11-2025
  • Geo Zoom Level: 16.00
  • Map Coordinate: E
  • MLS Map Num: Whitehaven/Graves
  • Neighborhood Association: None
Parking
  • Parking Display: C2A
  • Parking/Storage: Driveway/Pad
Taxes and HOA Information
  • LVT Date: 06-11-2025
Property
Lot Information
  • Lot Size: 100X185
  • Acreage: .42
  • Lot Description: Level
  • Parcel ID: 076023 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: Patio
  • Pool Description: None
Interior Features
  • 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: Part Hardwood
  • Heating: Central
  • Living Room Dimensions: 15x18
  • Living/Dining/Kitchen: Other (See Remarks)
  • Total Baths: 1

Property History for 494 East Raines Road

DateEvent & SourcePriceAppreciation
Oct 20, 2025

Sold

MAARMLS #10210477

$113,250—
Oct 17, 2025

Sold

MAARMLS #10198721

$113,250—
Oct 2, 2025

Sold (Public Record)

Public Record #1916720628

$113,250

+38.4% / yr

DateEvent & SourcePrice
10/20/2025

Sold

MAARMLS #10210477

$113,250
10/17/2025

Sold

MAARMLS #10198721

$113,250
10/02/2025

Sold (Public Record)

Public Record #1916720628

$113,250

+38.4% / yr

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

Public Records for 494 East Raines Road

Taxable ValueLand$4,300Additions$19,300Total$23,600
Tax Record2025$635 ($53 / month)
Home Facts
Beds3Baths1Total Finished SqFt1,286 SqFtAbove Grade Finished SqFt1,286 SqFtStories1Lot Size18,513 SqFtStyleSingle Family ResidenceYear Built1948Year Renovated1948ZoningR-10CountySHELBYAPN07-6023-0-0018

Schools near 494 East Raines Road

This home is within Shelby County Schools.
Rating
School
Type
Grades
Distance
Westhaven Elementary School
Public - PK to 5
A. Maceo Walker Middle School
Public - 6 to 8
Fairley High School
Charter - 9 to 12
Freedom Preparatory Academy Charter Schools
Charter - 6 to 12
Rating
School
Distance
Westhaven Elementary School
PublicPK to 5

A. Maceo Walker Middle School
Public6 to 8

Fairley High School
Charter9 to 12

Freedom Preparatory Academy Charter Schools
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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 494 East Raines Road, Memphis, TN 38109
$113,250
3
1,286
18,295
506 East Raines Road, Memphis, TN 38109
$57,400
3
1,408
18,500
486 East Raines Road, Memphis, TN 38109
–
3
1
1,242
18,513
509 East Raines Road, Memphis, TN 38109
–
3
1.5
1,495
12,690
483 East Raines Road, Memphis, TN 38109
–
4
2
1,508
12,894
483 Sullivan Drive, Memphis, TN 38109
$52,000
3
1
978
17,500

Explore Nearby Homes

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 CB Properties of Memphis, 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.