Sold
Last Sold Price
4 beds2 baths1,870 sqft
729 E Raines Rd, Memphis, TN 38116
Single FamilyProperty Type
0.36 acresLot Size
1951Year Built
$47/sq ftPrice per sq ft

Description

Awesome Investment Property. Please do not disturb the tenants. Showings after an accepted offer. No wholesale or assignments. Rent received from the combined monthly rent is well over 1%.Awesome Investment Property. Please do not disturb the tenants. Showings after an accepted offer. No wholesale or assignments. Rent received from the combined monthly rent is well over 1%.
Listing closed: 11/04/2024 12:00 AM • Source: MAARMLS, MLS#: 10181756

Location

Listing Courtesy of eXp Realty, LLC

Sold By eXp Realty, LLC

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$594 per month

30 year fixed, 6.71% Interest

Principal and Interest

$455

Property Taxes

$140

HOA Dues

$0

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Property Information for 729 East Raines Road

Property Details
  • Taxes: $1,674 / year
  • MLS Type: Duplexes / Built as Duplex
  • Area: 767B
  • Style: Traditional
  • Parking: Driveway/Pad
  • MAAR Subdivision Name: WHITEHAVEN PARK
  • Legal Subdivision Name: LACEY MOSBYS WHITEHAVEN PARK
Building Information
  • Stories: 1
  • Year Built: 1951
  • Lot Size: 0.36 AC / 15,750 SF
Summary
Location and General Information
  • Address: 729 E RAINES RD
  • Address Search Number: 729
  • Directions: South on Elvis Presley from I55 then Right on Raines
  • Geo Match Code: 0
  • Geo Matched Method: 0
  • Geo Quality: .95
  • Geo Update Timestamp: 09-22-2024
  • Geo Zoom Level: 16.00
  • Map Coordinate: B
  • MLS Map Num: Whitehaven/Fairley
  • Second Address Num: 727
Parking
  • Parking Display: 0
Taxes and HOA Information
  • Hot Water: Electric
  • LVT Date: 09-22-2024
Property
Lot Information
  • Lot Size: 90X175
  • Lot Num: 3
  • Lot Description: Some Trees
  • Parcel ID: 077037 00005
Property and Assessments
  • Service Type: Full Service Listing
Utilities
  • Cooling: Central Cooling
Interior and Exterior Features
Exterior Features
  • Pool Description: None
Interior Features
  • Appliances / Equipment: Range/Oven (Freestanding)
  • Floors/Ceilings: Tile
  • Heating: Central
Multi Family
Unit 1
  • Unit 1: LR/DR Combination
  • Unit 1 Bedrooms: 2
  • Unit 1 Den GR Dimensions: NA
  • Unit 1 DR Dimension: NA
  • Unit 1 Full Baths: 1
  • Unit 1 Half Baths: 0
  • Unit 1 LR Dimension: NA
  • Unit 1 Monthly Rent: $700
  • Unit 1 Total Baths: 1
Unit 2
  • Unit 2: LR/DR Combination
  • Unit 2 Bedrooms: 2
  • Unit 2 Den GR Dimension: NA
  • Unit 2 DR Dimension: NA
  • Unit 2 Full Baths: 1
  • Unit 2 Half Baths: 0
  • Unit 2 LR Dimension: NA
  • Unit 2 Total Baths: 1

Property History for 729 East Raines Road

DateEvent & SourcePriceAppreciation
Nov 4, 2024

Sold

REALTRACS #3094145

$88,000
Nov 4, 2024

Sold

MAARMLS #10181756

$88,000
Nov 4, 2024

Contract Signed

REALTRACS #3094145

DateEvent & SourcePrice
11/04/2024

Sold

REALTRACS #3094145

$88,000
11/04/2024

Sold

MAARMLS #10181756

$88,000
11/04/2024

Contract Signed

REALTRACS #3094145

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

Public Records for 729 East Raines Road

Taxable ValueLand$7,400Additions$31,200Total$38,600
Tax Record2025$1,038 ($87 / month)
Home Facts
Baths2Total Finished SqFt1,870 SqFtAbove Grade Finished SqFt1,870 SqFtStories1Lot Size15,750 SqFtStyleDuplexYear Built1951Year Renovated1951ZoningR-10CountySHELBYAPN07-7037-0-0005

Schools near 729 East Raines Road

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 - 6 to 12
Rating
School
Distance
Westhaven Elementary School
PublicPK to 5

A. Maceo Walker Middle School
Public6 to 8

Whitehaven High School
Public9 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: 729 East Raines Road, Memphis, TN 38116
$88,000
4
2
1,870
15,750
$52,600
1,612
20,000
$72,000
1,786
20,000
4
1,683
20,038
$18,315
4
2
1,982
19,066
$156,200
3
1
1,389
16,248

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 eXp Realty, 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.