THIS IS A FANNIE MAE HOMEPATH PROPERTY. THIS PROPERTY IS APPROVED FOR HOMEPATH RENOVATION MORTGAGE FINANCING. THIS HOMES FEATURES 3 BEDROOMS & 1 1/2 BATHS. EXCELLENT HOME FOR 1ST TIME HOME BUYERS OR GREAT AS INVESTMENT PROPERTY.
Single-familyProperty Type
1956Year Built
10,454 sq ftLot Size
$91Est. Price/Sq.Ft.
2 spacesParking
Listed by Kenneth Tate• Tate Realty and Construction
Bought with Kenneth Tate• Tate Realty and Construction
Memphis Area Association of Realtors(R) MLS #3238509
Feb 24, 2012
Sold
$26,000
$19/sq ft
Jan 9, 2012
Listed
$32,500
$23/sq ft
Memphis Area Association of Realtors(R) MLS #321046
Apr 10, 2001
Sold
$76,200
$54/sq ft
Oct 17, 2000
Listed
$72,900
$52/sq ft
THIS LOVELY HOME OFFERS 3 BEDROOMS ALL LARGE FRONT BEDROOM IS BEING USED AS A DEN SEPARATE DINING ROOM EAT IN KITCHEN LARGE LIVING ROOM CENTRAL HEAT AND AIR.
Public Records
Nov 30, 1995
Sold
$53,500
$38/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,713 (+23.9%)
$5,300 + $27,200
$32,500
2024
$1,383 (+8.1%)
$5,300 + $27,200
$32,500
2023
$1,279
$4,075 + $16,925
$21,000
2022
$1,279 (−1.2%)
$4,075 + $16,925
$21,000
2021
$1,294
$4,075 + $16,925
$21,000
2020
$1,293
$4,075 + $16,925
$21,000
2019
$1,293
$4,075 + $13,775
$17,850
2018
$1,293 (+76.3%)
$4,075 + $13,775
$17,850
2017
$734
$4,075 + $13,775
$17,850
2016
$734
$4,075 + $13,775
$17,850
2014
$734
$4,075 + $12,725
$16,800
Tax history for 1340 E Raines Road Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,713 (+23.9%)
$5,300 + $27,200
$32,500
2024
$1,383 (+8.1%)
$5,300 + $27,200
$32,500
2023
$1,279
$4,075 + $16,925
$21,000
2022
$1,279 (−1.2%)
$4,075 + $16,925
$21,000
2021
$1,294
$4,075 + $16,925
$21,000
2020
$1,293
$4,075 + $16,925
$21,000
2019
$1,293
$4,075 + $13,775
$17,850
2018
$1,293 (+76.3%)
$4,075 + $13,775
$17,850
2017
$734
$4,075 + $13,775
$17,850
2016
$734
$4,075 + $13,775
$17,850
2014
$734
$4,075 + $12,725
$16,800
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
3
Baths
1.5
Stories
1
Lot width
83 ft.
Lot depth
130 ft.
Lot size
10,740 Sq. Ft.
Year renovated
—
Sq. Ft.
1,332
Year built
1956
Style
Single Family Residential
County
Shelby County
APN
078099 00014
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 16, 2026.
R-10
Residential Single-Family-10 District
The single-family residential districts are intended to accommodate one single-family detached principal dwelling unit per lot. These districts should be applied in areas where the land-use pattern is predominately single-family residential or where such a land use pattern is desired in the future. 5 single-family residential districts are established-R-10 which are differentiated primarily on the basis of minimum lot area and setback requirements.; New R-10 districts are generally located at least 1,500 to 2,000 ft from a CMU-1, CMU-2, CMU-3 or CBD district.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Senior
Infrastructure
Educational/school
Fire house
Police station
Recreation
Park & open space
Oct 7, 2020 • Final
Residential plumbing
Replace the sewer line.
Plumbing
Oct 7, 2020 • Final
Residential mechanical
Perform an air test on a furnace and water heater.
HVAC
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
# of Covered Parking Spaces: 2
Carport/Garage: Carport
Parking/Storage: Other (See Remarks)
Attached/Detached Parking: Attached
Interior
Bedroom Information
# of Bedrooms (Lower): 3
# of Bedrooms: 3
# of Bedrooms: 3
# of Bedrooms Down: 3
Master Bedroom Dimensions:
Master Bedroom Dimensions:
Bathroom Information
# of Baths (Full): 1
# of Baths (1/2): 1
# of Bathrooms (Full): 1
# of Bathrooms (1/2): 1
Interior Features
# of Rooms: 6
# of Stories: 1
Floors/Ceilings: Other (See Remarks)
Room Information
Living Room Dimensions:
Dining Room Dimensions:
Den/Great Room Dimensions:
Dining Room Dimensions: 0X0
Living Room Dimensions: 0X0
Living/Dining/Kitchen: Separate Living Room
Den/Great Room Dimensions: 0X0
Additional Bedroom/Bathroom Info: Other (See Remarks)
Exterior
Exterior Features
Pool Description: None
Miscellaneous Exterior: Other (See Remarks)
Exterior/Windows: Other (See Remarks)
Land Information
Acreage: 0.24
Lot Information
Parcel ID: 078099 00014
Lot #: 174
Lot Size: 10740
Lot Description: Level
Area: 764B
Property Information
Detached Single Family
Style: Traditional
Property Construction Status: Existing Property
Approx Heated Sq. Ft. Range: 1400-1599
Year Built: 1956
Financial
Tax Information
Annual City Tax: $689
Annual County Tax: $868
Utilities
Utility Information
Heating: Central
Cooling: Central
Location
Multi-Unit Information
Detached Unit Type: General Residential
Location Details
Directions: EAST ON RAINES ROAD PAST ELVIS PRESLEY BLVD.
MAAR Subdivision Name: GRACELAND
Public facts
Beds: 3
Baths: 1.5
Sq. Ft.: 1,332
Stories: 1.0
Lot Size: 10,740 square feet
Style: Single Family Residential
Year Built: 1956
Year Renovated: —
County: Shelby County
APN: 078099 00014
Home facts updated by county records on Jun 16, 2026
Around this home
Schools
Robert R. Church Elementary School
Public PreK-5 • Assigned • 0.9mi
4/10
A. Maceo Walker Middle School
Public 6-8 • Assigned • 1.0mi
6/10
Hillcrest High School
Charter 9-12 • Assigned • 0.3mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 109° expected this year, 21 days in 30 years
4/10 Wind Factor
17% chance of strong winds in next 30 years
2/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Memphis, TN • 38116
Average low and high temperatures (°F)
47
30
57
38
71
50
77
58
79
63
88
72
92
76
89
72
85
68
77
57
65
49
54
40
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.6 hours in
June and 4.8 hours in December, placing it above the
U.S. average for solar exposure.
10.6 hrs
4.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$122,000 – $147,000
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Property information provided by Memphis Area Association of Realtors(R) MLS when last listed in 2012. This data may not match public records. Learn more.