Last Sold Price
3 beds1,341 sqft$82/sqft
5992 Raintree Dr, Memphis, TN 38115

Description

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2019 standards! Target rent = $1050 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2019 standards! Target rent = $1050 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!
LISTING CLOSED: 03/19/2019 12:00 AM

  1. Listed by Jim Reedy • Reedy Group II, LLC

Property Details for 5992 Raintree Drive

Status
MLS #
10045385
Days on Market
1
Taxes
$1,187 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Detached Single Family / No
Year Built
1974
Lot Size
0.20 AC / 8,712 SF
Area
785B
Style
Traditional
MAAR Subdivision Name
RIDGEWAY ESTATES SEC B
Legal Subdivision Name
RIDGEWAY ESTATES SEC B

Recent comparable sales

Median sold price

$122,100

Avg days on market

31

Sale-to-list ratio

94.5%

Memphis, TN

9 comparable properties found

a front view of a house with a garden and trees
1/12
1

$123,000

Sold 11/25/25

3
Bedrooms
1,341
Square Feet
0.2
Acres
a front view of a house with garden
1/2
2

$125,000

Sold 06/05/25

3
Bedrooms
1,423
Square Feet
0.21
Acres
a view of a house with yard and tree s
1/2
3

$92,500

Sold 06/27/25

3
Bedrooms
1,399
Square Feet
0.19
Acres
a front view of house with yard
1/5
4

$111,000

Sold 04/20/26

3
Bedrooms
1,399
Square Feet
0.29
Acres
a view of a house with garden
1/13
5

$122,100

Sold 06/26/25

3
Bedrooms
1,378
Square Feet
0.25
Acres
a front view of a house with a yard
1/16
6

$120,000

Sold 10/15/25

3
Bedrooms
1,326
Square Feet
0.23
Acres
a front view of house with a garden
1/3
7

$125,000

Sold 04/23/26

3
Bedrooms
1,324
Square Feet
0.28
Acres
$125,000 | 3820 Clarke Road, Memphis, TN 38115
1/31
8

$125,000

Sold 07/24/26

3
Bedrooms
1,395
Square Feet
0.19
Acres
a front view of a house with garden
1/2
9

$105,000

Sold 07/24/25

3
Bedrooms
1,494
Square Feet
0.05
Acres

Location

Listing Courtesy of Reedy Group II, LLC

Sold By Reedy Group II, LLC

Add your commute

Building Information for 5992 Raintree Drive

Stories1Year Built1974Building Size-Lot Size0.20 AC / 8,712 SF

Payment Calculator

$655 per month

30 year fixed, 6.55% Interest

Principal and Interest

$557

Property Taxes

$99

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 5992 Raintree Drive

Summary
Location and General Information
  • Address: 5992 RAINTREE DR
  • Address Search Number: 5992
  • Directions: Take Lynbar Ave to N Mendenhall Rd 1 min (0.2 mi) Take Walnut Grove Rd, I-240 W and Hickory Hill Rd to Mingle Dr 17 min (9.6 mi) Drive to Meadow Creek Rd/Raintree Dr
  • Map Coordinate: B
  • MLS Map Num: Hickory Hill/H.R. Mall
  • Neighborhood Association: None
Parking
  • Parking Display: 0
  • Parking/Storage: Driveway/Pad
Taxes and HOA Information
  • LVT Date: 02-05-2019
Property
Lot Information
  • Lot Size: 94.635/100 X 94.635/100
  • Acreage: .20
  • Lot Num: 299
  • Lot Description: Level
  • Parcel ID: 093406 B00087
Property and Assessments
  • Detached Unit Type: General Residential
  • Foundation: Slab
  • Prop Construction Status: Existing Property
  • Service Type: Full Service Listing
Utilities
  • Cooling: Central
  • Water & Sewer: Public Water, Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior/Windows: Brick Veneer
  • Misc Exterior: Wrought Iron Security Drs
  • Misc. Interior: Other (See REMARKS)
  • Pool Description: None
  • Roof: Composition Shingles
Interior Features
  • Num of Fireplaces: 0.0
  • 1st Story Floor Plan: Den/Great Room, Kitchen, Master Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Br/Bath Info: All Bedrooms Down
  • Apprx Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms Down: 3.0
  • Den Great Room Dimensions: 0x0
  • Dining Room Dimensions: 0x0
  • Fireplace: Other (See Remarks)
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet, Tile
  • Heating: Central
  • Interior Equipment: Other (See REMARKS)
  • Living Room Dimensions: 0x0
  • Living/Dining/Kitchen: LR/DR Combination
  • Master Bath Description: Tile Floor
  • Master Bedroom: Level 1
  • Master Bedroom Dimensions: 0x0
  • Other Rooms: Other (See Remarks)
  • Total Baths: 2

Property History for 5992 Raintree Drive

DateEvent & SourcePriceAppreciation
Mar 19, 2019

Sold

MAARMLS #10045385

$109,500
Mar 15, 2019

Sold (Public Record)

Public Record #641692773

$109,500
Feb 5, 2019

Contract Signed

MAARMLS #10045385

DateEvent & SourcePrice
03/19/2019

Sold

MAARMLS #10045385

$109,500
03/15/2019

Sold (Public Record)

Public Record #641692773

$109,500
02/05/2019

Contract Signed

MAARMLS #10045385

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

Public Records for 5992 Raintree Drive

Taxable ValueLand$5,475Additions$41,050Total$46,525
Tax Record2024$3,064 ($255 / month)
Home Facts
Beds3Baths2Total Finished SqFt1,341 SqFtAbove Grade Finished SqFt1,341 SqFtStories1Lot Size9,017 SqFtStyleSingle Family ResidenceYear Built1974Year Renovated2009ZoningR-6CountySHELBYAPN093-406- -B-00087Fireplace TypeHas Fireplace

Schools near 5992 Raintree Drive

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

Hickory Ridge Middle School
Public6 to 8

Wooddale High School
Public9 to 12

Memphis School of Excellence Elementary
CharterPK to 5

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: 5992 Raintree Drive, Memphis, TN 38115
$109,500
3
1,341
8,712
$165,000
3
1,457
7,000
$123,000
3
2
1,225
9,322
$232,000
3
2
1,542
11,360
$135,000
3
2
1,228
8,364
3
2
1,274
14,462

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 Reedy Group II, 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.