Google street view image for 1500 E Raines Road Rd, Memphis, TN 38116

Off market nov 1999 for $66K

$121,228

Est. refi paymentEst. refi $470/mo

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1.5 ba

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sq ft

1500 E Raines Road Rd, Memphis, TN 38116

About this home

Single-familyProperty Type

1957Year Built

$121Est. Price/Sq.Ft.

1 spaceParking

Redfin checked: 2 minutes ago

•Source:Memphis Area Association of Realtors(R) MLS #9916231

Redfin Estimate

$121,228

$55K since sold in November 1999$1,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 20.9% lower than the average sale price ($153K) of 6 comparable homes.

SOLD JUN 17, 2026
$104,000
A
3 beds1 bath— sq ft
1510 Bonnie Dr, Memphis, TN 38116
SOLD MAR 23, 2026
$165,000
B
3 beds1.5 baths— sq ft
4052 Patte Ann Dr, Memphis, TN 38116
SOLD SEP 1, 2026
$175,000
C
3 beds2 baths— sq ft
4029 Hermitage Dr, Memphis, TN 38116
SOLD JAN 23, 2026
$120,000
D
3 beds1.5 baths— sq ft
1381 Laudeen Dr, Memphis, TN 38116
SOLD AUG 21, 2026
$225,000
E
3 beds2 baths1,572 sq ft
1712 Oakwood Dr, Memphis, TN 38116
SOLD JUL 8, 2026
$130,000
F
3 beds2 baths1,201 sq ft
3831 Hermitage Dr, Memphis, TN 38116

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Earn from this home

Refinance

Est. cash available

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Rent

$1,246/mo

Redfin rental estimate

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Market trends in 38116, TN

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

98.9%

1.0% MoM

Median sale price

$142K

$861 MoM

Avg. days on market

24d

4 days MoM

Recently sold homes

3 MoM

New listings for sale

NEW 27 HRS AGO
$1,538,000
40 beds— baths— sq ft
3721 Millbranch Rd, Memphis, TN 38116
$154,900
3 beds2 baths— sq ft
665 Brakebill Ave, Memphis, TN 38116
$124,900
3 beds2 baths— sq ft
1995 Francisco Blvd, Memphis, TN 38116
$180,000
3 beds2 baths— sq ft
3759 Maulden Dr, Memphis, TN 38116
$167,000
4 beds1.5 baths— sq ft
989 S Whitehaven Park Cir, Memphis, TN 38116
$215,000
3 beds3 baths— sq ft
1710 Goodhaven Dr, Memphis, TN 38116
$137,500
4 beds2 baths— sq ft
3909 Birchleaf Rd, Memphis, TN 38116
$100,000
3 beds2 baths— sq ft
5439 Santa Barbara St, Memphis, TN 38116
$174,900
3 beds2 baths— sq ft
3970 Patte Ann Dr, Memphis, TN 38116
$215,000
3 beds2 baths— sq ft
1929 Goodhaven Dr, Memphis, TN 38116
See all

Provided by Redfin

Sale history for 1500 E Raines Road Rd

Date

Event

Price

Public Records

Nov 24, 1999

Sold

$67,000

$67/sq ft

Public Records

Nov 22, 1999

Sold

$49,850

$50/sq ft

Memphis Area Association of Realtors(R) MLS #9916231

Nov 22, 1999

Sold

$66,400

$66/sq ft

Aug 21, 1999

Listed

$54,000

$54/sq ft

Public Records

Apr 8, 1999

Sold

$58,808

$59/sq ft

Public Records

May 29, 1998

Sold

$54,000

$54/sq ft

Public Records

Dec 23, 1988

Sold

$42,000

$42/sq ft

Public Records

Apr 1, 1970

Sold

$19,750

$20/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$1,652 (+32.2%)

$5,300 + $26,050

$31,350

2024

$1,250 (+8.1%)

$5,300 + $26,050

$31,350

2023

$1,156

$4,075 + $14,900

$18,975

2022

$1,156 (−1.2%)

$4,075 + $14,900

$18,975

2021

$1,169 (−8.7%)

$4,075 + $14,900

$18,975

2020

$1,281

$4,075 + $14,900

$18,975

2019

$1,281

$4,075 + $13,600

$17,675

2018

$1,281 (+76.3%)

$4,075 + $13,600

$17,675

2017

$726 (+7.3%)

$4,075 + $13,600

$17,675

2016

$677

$4,075 + $13,600

$17,675

2014

$677

$4,075 + $11,425

$15,500

Tax history for 1500 E Raines Road Rd

Year

Property tax

Land + Additions

Assessment*

2025

$1,652 (+32.2%)

$5,300 + $26,050

$31,350

2024

$1,250 (+8.1%)

$5,300 + $26,050

$31,350

2023

$1,156

$4,075 + $14,900

$18,975

2022

$1,156 (−1.2%)

$4,075 + $14,900

$18,975

2021

$1,169 (−8.7%)

$4,075 + $14,900

$18,975

2020

$1,281

$4,075 + $14,900

$18,975

2019

$1,281

$4,075 + $13,600

$17,675

2018

$1,281 (+76.3%)

$4,075 + $13,600

$17,675

2017

$726 (+7.3%)

$4,075 + $13,600

$17,675

2016

$677

$4,075 + $13,600

$17,675

2014

$677

$4,075 + $11,425

$15,500

*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

Baths

1.5

Stories

Lot width

81 ft.

Lot depth

131 ft.

Lot size

10,639 Sq. Ft.

Year renovated

—

Sq. Ft.

1,134

Year built

1957

Style

Single Family Residential

County

Shelby County

APN

078095 00018

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 14, 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

Apr 9, 2024 • Active

Residential mechanical

Replace the coil condenser and furnace in a residential building.

HVAC

Apr 9, 2024 • Active

Residential electrical

Replace the electrical whip for an air conditioning unit.

Electrical

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: 1
Carport/Garage: Carport
Parking/Storage: Driveway/Pad
Attached/Detached Parking: Attached

Interior

Bedroom Information
# of Bedrooms (Lower): 2
# of Bedrooms: 2
# of Bedrooms: 2
# of Bedrooms Down: 2
Master Bedroom Dimensions: 13 x 10
Master Bedroom Dimensions: 13 x 10
Bedroom 2 Dimensions: 11 x 11
Bedroom 2 Dimensions: 11 x 11
Bedroom 3 Dimensions:
Bedroom 3 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: 5
# of Stories: 1
Miscellaneous Interior: Attic Access
Interior Equipment: Range/Oven, Cable (Wired)
Floors/Ceilings: Hardwood Throughout, Vinyl Floor

Room Information
Living Room Dimensions: 22 x 11
Dining Room Dimensions:
Den/Great Room Dimensions: 13 x 10
Kitchen Dimensions: 13x9
Dining Room Dimensions: 0x0
Breakfast Dimensions: 0x0
Living Room Dimensions: 22x11
Living/Dining/Kitchen: Separate Den, Living Room/Dining Room Combination, Washer/Dryer Connections
Den/Great Room Dimensions: 13x10
Additional Bedroom/Bathroom Info: All Bedrooms Down

Exterior

Exterior Features
Pool Description: None
Miscellaneous Exterior: Other (See Remarks)
Exterior/Windows: Brick Veneer, Wood Window(s)
Foundation: Slab
Roof: Composition Shingles

Lot Information
Parcel ID: 078095 00018
Lot Size: 00X00
Lot Description: Some Trees, Level, Chain Fenced
Area: 764B

Property Information
Detached Single Family
Style: Traditional
Approx Heated Sq. Ft. Range: 1000-1199
Year Built: 1957

Financial

Tax Information
Annual City Tax: $416
Annual County Tax: $424

Financing
New Financing: Conventional, FHA, Other (See Remarks)

Utilities

Utility Information
Water & Sewer: Gas Water Heater, Public Water, Public Sewer
Heating: Central, Gas
Cooling: Central, Ceiling Fan(s)

Location

Multi-Unit Information
Detached Unit Type: General Residential

Location Details
Directions: WEST ON RAINES ROAD FROM MILLBRANCH
MAAR Subdivision Name: GRACELAND

Public facts

Beds: 3
Baths: 1.5
Sq. Ft.: 1,134
Stories: 1.0
Lot Size: 10,639 square feet
Style: Single Family Residential
Year Built: 1957
Year Renovated: —
County: Shelby County
APN: 078095 00018

Home facts updated by county records on Jul 14, 2026

Around this home

Schools

Robert R. Church Elementary School

Public PreK-5 • Assigned • 0.6mi

4/10

A. Maceo Walker Middle School

Public 6-8 • Assigned • 0.7mi

6/10

Hillcrest High School

Charter 9-12 • Assigned • 0.1mi

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 108° 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)

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

$116,000 – $140,000

Sell confidently with a local market expert in Memphis. 3 minutes to get started.

Nearby similar homes

$250,000

3 beds2 baths— sq ft

1733 Bender Rd, Memphis, TN 38116

$30,000

Land— sq ft

730 Lydgate Rd, Memphis, TN 38116

$180,000

3 beds2 baths— sq ft

3759 Maulden Dr, Memphis, TN 38116

$215,000

3 beds3 baths— sq ft

1710 Goodhaven Dr, Memphis, TN 38116

$174,900

3 beds2 baths— sq ft

3970 Patte Ann Dr, Memphis, TN 38116

$259,900

3 beds2 baths— sq ft

3438 Fontaine Dr, Memphis, TN 38116

New listings for sale in 38116

NEW 27 HRS AGO

$1,538,000

40 beds— baths— sq ft

3721 Millbranch Rd, Memphis, TN 38116

$154,900

3 beds2 baths— sq ft

665 Brakebill Ave, Memphis, TN 38116

$124,900

3 beds2 baths— sq ft

1995 Francisco Blvd, Memphis, TN 38116

$180,000

3 beds2 baths— sq ft

3759 Maulden Dr, Memphis, TN 38116

$167,000

4 beds1.5 baths— sq ft

989 S Whitehaven Park Cir, Memphis, TN 38116

$215,000

3 beds3 baths— sq ft

1710 Goodhaven Dr, Memphis, TN 38116

$137,500

4 beds2 baths— sq ft

3909 Birchleaf Rd, Memphis, TN 38116

$100,000

3 beds2 baths— sq ft

5439 Santa Barbara St, Memphis, TN 38116

$174,900

3 beds2 baths— sq ft

3970 Patte Ann Dr, Memphis, TN 38116

Home values near 1500 E Raines Road Rd

Data from public records.

Address	Redfin Estimate
1508 E Raines Road, Memphis, TN 3 Beds \| 2 Baths \| 1200 Sq. Ft.	$165,452
1516 E Raines Road, Memphis, TN 3 Beds \| 1.5 Baths \| - Sq. Ft.	$126,885

Address	Redfin Estimate
1484 E Raines Road, Memphis, TN 3 Beds \| 1.5 Baths \| 1544 Sq. Ft.	$181,641
1545 E Raines Road, Memphis, TN 3 Beds \| 2 Baths \| 1807 Sq. Ft.	$155,400

Address	Redfin Estimate
1544 E Raines Road, Memphis, TN 3 Beds \| 2 Baths \| 1977 Sq. Ft.	$189,298
1524 E Raines Road, Memphis, TN 4 Beds \| 2 Baths \| 2400 Sq. Ft.	$194,890

Property information provided by Memphis Area Association of Realtors(R) MLS when last listed in 1999. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 38116, TN

Sale history for 1500 E Raines Road Rd

Tax history for 1500 E Raines Road Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 38116

Home values near 1500 E Raines Road Rd

More real estate resources