Sold
Last Sold Price
3 beds912 sqft
617 W Raines Rd, Memphis, TN 38109
Single FamilyProperty Type
0.23 acresLot Size
1959Year Built
$67/sq ftPrice per sq ft
1 carParking Spaces

Description

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2019 standards! Target rent = $650 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 = $650 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!
  • Listed by: Jim Reedy • Reedy Group II, LLC
Listing closed: 07/31/2019 12:00 AM • Source: MAARMLS, MLS#: 10055529

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Recent comparable sales

Median sold price

$69,000

Avg days on market

68

Sale-to-list ratio

92.3%

Memphis, TN

9 comparable properties found

$60,000 | 4212 Falcon Drive, Memphis, TN 38109
1/32
1

$60,000

Sold 09/01/26

3
Bedrooms
988
Square Feet
0.16
Acres
$58,000 | 4277 Falcon Cove, Memphis, TN 38109
1/33
2

$58,000

Sold 07/22/26

3
Bedrooms
832
Square Feet
0.10
Acres
$62,000 | 721 Western Park Drive, Memphis, TN 38109
1/31
3

$62,000

Sold 08/25/26

3
Bedrooms
1,000
Square Feet
0.16
Acres
$62,000 | 3867 West Valley Circle, Memphis, TN 38109
1/6
4

$62,000

Sold 09/14/26

3
Bedrooms
916
Square Feet
0.19
Acres
$72,000 | 4118 Westmont Road, Memphis, TN 38109
1/38
5

$72,000

Sold 08/04/26

3
Bedrooms
960
Square Feet
0.17
Acres
a front view of a house with a yard and garage
1/34
6

$72,500

Sold 03/27/26

3
Bedrooms
854
Square Feet
0.15
Acres
a front view of a house with a yard and porch
1/10
7

$71,000

Sold 08/13/26

3
Bedrooms
1,009
Square Feet
0.14
Acres
a front view of house with yard and green space
1/17
8

$69,000

Sold 01/22/25

3
Bedrooms
808
Square Feet
0.19
Acres
a front view of house with yard
1/12
9

$70,000

Sold 12/17/25

3
Bedrooms
988
Square Feet
0.14
Acres

Location

Listing Courtesy of Reedy Group II, LLC

Sold By Reedy Group II, LLC

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Payment Calculator

$392 per month

30 year fixed, 7.03% Interest

Principal and Interest

$328

Property Taxes

$64

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 617 West Raines Road

Property Details
  • Taxes: $770 / year
  • MLS Type: Residential / Detached Single Family / No
  • Area: 765A
  • Style: Traditional
  • MAAR Subdivision Name: CHICKASAW VILLAGE
  • Legal Subdivision Name: CHICKASAW VILLAGE
Building Information
  • Stories: 1
  • Year Built: 1959
  • Lot Size: 0.23 AC / 10,018 SF
Summary
Location and General Information
  • Address: 617 W RAINES RD
  • Address Search Number: 617
  • Directions: ad toward Macon Rd on Tatum Rd 0.3 mi/ Turn right onto Macon Rd 0.7 mi/ Continue on McCrory Ave 0.8 mi/ Continue on Macon Rd 0.1 mi/ Continue toward N White Station Rd 36 ft/ Turn left and take ramp onto I-240 W toward I-40 E 14.4 mi/ Continue on WB Fowle
  • Map Coordinate: A
  • MLS Map Num: Coro Lake
  • Neighborhood Association: None
Parking
  • Parking Display: 1
  • Parking/Storage: Driveway/Pad
Taxes and HOA Information
  • LVT Date: 06-20-2019
Property
Lot Information
  • Lot Size: 10440
  • Acreage: .23
  • Lot Num: 111
  • Lot Description: Level
  • Parcel ID: 075120 00011
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: Wood/Composition
  • 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: 0-999
  • 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: Updated/Renovated Kitchen
  • Master Bath Description: Tile Floor
  • Master Bedroom: Level 1
  • Master Bedroom Dimensions: 0x0
  • Other Rooms: Other (See Remarks)
  • Total Baths: 1

Property History for 617 West Raines Road

DateEvent & SourcePriceAppreciation
Jul 31, 2019

Sold

MAARMLS #10055529

$61,500—
Jul 29, 2019

Sold (Public Record)

Public Record #649870482

$61,500

+7.9% / yr

Jun 17, 2019

Contract Signed

MAARMLS #10055529

—
DateEvent & SourcePrice
07/31/2019

Sold

MAARMLS #10055529

$61,500
07/29/2019

Sold (Public Record)

Public Record #649870482

$61,500

+7.9% / yr

06/17/2019

Contract Signed

MAARMLS #10055529

—

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

Public Records for 617 West Raines Road

Taxable ValueLand$2,700Additions$17,675Total$20,375
Tax Record2024$1,342 ($112 / month)
Home Facts
Beds2Baths1Total Finished SqFt912 SqFtAbove Grade Finished SqFt912 SqFtStories1Lot Size10,411 SqFtStyleSingle Family ResidenceYear Built1959Year Renovated1989ZoningR-6CountySHELBYAPN075-120- - -00011Fireplace TypeHas Fireplace

Schools near 617 West Raines Road

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

Chickasaw Junior High School
Public6 to 8

Westwood Middle/ High School
Public9 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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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.