Pending

$82,000

Est. $557/mo —

•

View

sq ft

198 Loraine Rd, Memphis, TN 38109

About this home

Single-familyProperty Type

1970Year Built

0.28 acresLot Size

$82Price/Sq.Ft.

1 spaceParking

Listed by Virgil Pryor • Harris Realty Services

Listing updated: Jan 14, 2026 at 06:36am

Redfin checked: 4 minutes ago

•Source:Memphis Area Association of Realtors(R) MLS #10205676

Payment calculator

$557 per month

Principal and interest$436

Property taxes

$80

HOA dues

Home insurance

$40

Utilities

Add

5 minutes to get started. No credit impact.

Affordability tools

Open houses

No upcoming open houses.

Nearby open houses (10)

OPEN WED, 11AM TO 5PM3D WALKTHROUGH
$404,990
5 beds3 baths2,170 sq ft
8301 Bankhead Dr, Olive Branch, MS 38654
8,712 sq ft lot • 2 garage spots • Built 2026
OPEN WED, 11AM TO 5PM3D WALKTHROUGH
$344,990
4 beds2 baths1,870 sq ft
8228 Bankhead Dr, Olive Branch, MS 38654
8,276 sq ft lot • 2 garage spots • Built 2026
OPEN WED, 11AM TO 5PM
$409,990
5 beds3 baths2,170 sq ft
8351 Bankhead Dr, Olive Branch, MS 38654
0.23 acre lot • 2 garage spots • Community pool
OPEN WED, 11AM TO 5PM3D WALKTHROUGH
$437,990
4 beds3 baths2,529 sq ft
8370 Bankhead Dr, Olive Branch, MS 38654
0.25 acre lot • 2 garage spots • Community pool
OPEN WED, 11AM TO 5PM3D WALKTHROUGH
$334,990
4 beds2 baths1,870 sq ft
8210 Bankhead Dr, Olive Branch, MS 38654
8,276 sq ft lot • 2 garage spots • Built 2026
OPEN SAT, 11AM TO 2PM
$579,000
4 beds3 baths— sq ft
271 Wakefield Dr, Memphis, TN 38117
0.51 acre lot • 2 parking spots • Built 1959
OPEN SAT, 1PM TO 3PM
$225,000
3 beds2 baths1,796 sq ft
491 Alexander St, Memphis, TN 38111
9,583 sq ft lot • Parking • Built 1926
OPEN SUN, 12PM TO 2PM
$220,000
3 beds2 baths— sq ft
4400 Poplar Ave #18, Memphis, TN 38117
Parking • Community pool • Built 1960
OPEN SUN, 12:30PM TO 2:30PM
$325,000
4 beds2 baths— sq ft
5052 Whiteway Dr, Memphis, TN 38117
8,712 sq ft lot • Garage • Community pool
OPEN SUN, 2PM TO 3:30PM
$375,000
2 beds2.5 baths— sq ft
339 Riverbluff Pl #2, Memphis, TN 38103
Parking • Built 1983 • Listed 15 days

Around this home

Schools

K - 12
Preschool & daycare

Westhaven Elementary School

Public PreK-5 • Assigned • 0.8mi

6/10

Fairley High School

Charter 9-12 • Assigned • 0.4mi

4/10

Provided by GreatSchools

About Mc Kellar-Whitehaven-Levi

Mc Kellar-Whitehaven-Levi Pd, located between the Mississippi River bluffs and Memphis International Airport, is a residential and commercial Memphis neighborhood with leafy parkways and big-sky riverfront edges. The neighborhood’s character concentrates around Elvis Presley Blvd at E Parkway S, where neon-lit attractions, barbecue counters, and souvenir storefronts set a steady hum. Housing ranges from mid-century ranches to brick cottages, with wide lots and mature trees shaping the streetscape. T.O. Fuller State Park adds trails and open greens, while the river corridor frames sunsets and freight traffic. Graceland and the Stax Museum of American Soul Music anchor local culture with music history on full display.

Provided by Walk Score and Local Logic

Market insights

198 Loraine Rd · $82,000

DAYS ON MARKET

The average home goes pending in 48 days.

SALE-TO-LIST

Most homes are selling 3% below list price.

LIST PRICE

Median sale price in this area is $259,463. (216% higher than this home)

PRICE DROP

26% of homes in this area have had a price drop in the past month.

Property details

Parking

Parking Information
# of Covered Parking Spaces: 1
Parking/Storage: Other (See Remarks)

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 Bathrooms (Full): 1

Interior Features
# of Rooms: 5
# 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: All Bedrooms Down

Exterior

Exterior Features
Pool Description: None
Miscellaneous Exterior: Patio
Exterior/Windows: Brick Veneer

Land Information
Acreage: 0.28

Lot Information
Parcel ID: 076093 00018
Lot #: 536
Lot Size: 85X150
Lot Description: Level
Area: 767C

Property Information
Detached Single Family
Style: Traditional
Property Construction Status: Existing Property
Approx Heated Sq. Ft. Range: 1000-1199
Year Built: 1970

Financial

Tax Information
Annual City Tax: $468
Annual County Tax: $497

Financing
New Financing: Conventional, FHA, Va

Utilities

Utility Information
Heating: Central
Cooling: Window Unit(s)

Electricity and solar

View estimated energy costs and solar savings for this home

Internet

View available providers

Location

Multi-Unit Information
Detached Unit Type: General Residential

Location Details
Directions: West on Shelby Drive from Elvis Presley, Then Left / South on Neely to Right/West on Loraine
MAAR Subdivision Name: SMITH & TURLEY

Public facts

Beds: 2
Baths: 1.0
Finished Sq. Ft.: 1,033
Unfinished Sq. Ft.: —
Total Sq. Ft.: 1,033
Stories: 1.0
Lot Size: 0.28 acres
Style: Single Family Residential
Year Built: 1970
Year Renovated: —
County: Shelby County
APN: 076093 00018

Home facts updated by county records on Oct 22, 2026

Sale and tax history for 198 Loraine Rd

Sale History
Tax History

Year

Property tax

Land + Additions

Assessment*

2025

$859 (−1.9%)

$3,875 + $20,950

$24,825

2024

$875

$3,875 + $20,950

$24,825

2023

$875

$2,700 + $11,950

$14,650

2022

$875 (−1.0%)

$2,700 + $11,950

$14,650

2021

$884 (+3.0%)

$2,700 + $11,950

$14,650

2020

$859

$2,700 + $11,950

$14,650

2019

$859

$2,700 + $9,150

$11,850

2018

$859 (+76.3%)

$2,700 + $9,150

$11,850

2017

$487 (−3.0%)

$2,700 + $9,150

$11,850

2016

$502

$2,700 + $9,150

$11,850

2014

$502

$2,700 + $8,800

$11,500

Public record

Public record
Zoning
Permits

Beds

Baths

Stories

Lot width

85 ft.

Lot depth

150 ft.

Lot size

0.28 Acres

Year renovated

—

Finished Sq. Ft.

1,033

Unfinished Sq. Ft.

—

Total Sq. Ft.

1,033

Year built

1970

Style

Single Family Residential

County

Shelby County

APN

076093 00018

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 22, 2026.

R-6

Residential Single Family-6 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. Five single-family residential districts are established-R-6 which are differentiated primarily on the basis of minimum lot area and setback requirements. New R-6 districts are generally located in an infill or redevelopment location where similar lot sizes are part of the original fabric of development. Additionally, R-6 districts should have a shared street network with and are generally located at least 500 to 1,000 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

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 • 38109

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

95/ 100

Exceptional sunlight

Sunscore

This home ranks in the top 12% for direct sun exposure in Memphis. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

10.4 hrs

7.1 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 198 Loraine Rd

$75,777

$6,223 under list price of $82K

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $55K to $94K.

SOLD SEP 30, 2026
$55,000 Last sold price
3 beds1 bath— sq ft
4955 Stacey Dr, Memphis, TN 38109
13 years older
SOLD SEP 18, 2026
$69,900 Last sold price
3 beds1 bath— sq ft
4983 Appleville Rd, Memphis, TN 38109
larger lot
2 years newer
SOLD AUG 3, 2026
$69,900 Last sold price
3 beds1 bath— sq ft
4736 Applestone St, Memphis, TN 38109
smaller lot
1 year newer
SOLD NOV 26, 2025
$94,000 Last sold price
3 beds1 bath1,000 sq ft
5130 Pickett Cv, Memphis, TN 38109
$12/sq ft
smaller lot
12 years older
SOLD FEB 17, 2026
$82,000 Last sold price
3 beds1 bath— sq ft
4850 Applestone St, Memphis, TN 38109
smaller lot
2 years newer
SOLD APR 30, 2026
$85,000 Last sold price
3 beds1.5 baths1,183 sq ft
265 E Shelby Dr, Memphis, TN 38109
Listing provided by realtracs
$10/sq ft
smaller lot
3 years older

Rental earnings

Est. $935 per month, based on comparable rentals

This home is pending

The seller has accepted an offer, and this property is now .

Questions? Redfin partner agents are here to help

Typically responds in about 0 minutes.

Nearby similar homes

$69,900

2 beds1 bath— sq ft

445 Bonita Dr, Memphis, TN 38109

0.4 acre lot • 2 parking spots • Built 1951

$105,000

3 beds1 bath— sq ft

125 E Shelby Dr, Memphis, TN 38109

8,712 sq ft lot • Built 1971 • Listed 7 days

$85,000

3 beds1 bath— sq ft

4987 Appleville St, Memphis, TN 38109

0.31 acre lot • Parking • Built 1972

$105,000

3 beds1 bath— sq ft

400 Lorraine Rd, Memphis, TN 38109

Large backyard • Excellent potential • Built 1955

$270,000

3 beds2.5 baths— sq ft

858 Crossfield Cv, Memphis, TN 38109

Large den • Bonus room • Private bath

$190,000

3 beds2 baths— sq ft

1073 Cullenwood Rd, Memphis, TN 38116

Electric entry gate • Bonus space • Hardwood floors

New listings for sale in 38109

NEW 8 HRS AGO

$90,000

3 beds1 bath— sq ft

4518 Whiteside St, Memphis, TN 38109

Eat-in-kitchen • Spacious living room • New roof

$99,900

3 beds1 bath— sq ft

4875 Shayne Ln, Memphis, TN 38109

Convenient location • Near shopping • Near restaurants

$104,900

3 beds1 bath— sq ft

3947 Mccain Rd, Memphis, TN 38109

0.3 acre lot • Built 1949 • Listed 3 days

$24,900

4 beds1 bath— sq ft

64 W Gage Ave, Memphis, TN 38109

0.29 acre lot • Built 1918 • Listed 3 days

$48,500

2 beds1 bath— sq ft

301 Elder Rd, Memphis, TN 38109

Covered patio • Big level backyard • 7,405 sq ft lot

$35,000

4 beds2 baths— sq ft

1926 Riverside Blvd, Memphis, TN 38109

5,227 sq ft lot • Built 1951 • Listed 3 days

$104,900

3 beds1 bath— sq ft

4169 Double Tree Rd, Memphis, TN 38109

6,969 sq ft lot • Parking • Built 1971

$77,500

4 beds1.5 baths— sq ft

1200 Western Park, Memphis, TN 38109

Spacious yard • Functional layout • 0.27 acre lot

FOR SALE BY OWNER

$10,000

2 beds1 bath969 sq ft

1732 Farrington St, Memphis, TN 38109

New roof • New siding • New windows

Details provided by Memphis Area Association of Realtors(R) MLS and may not match the public record. Learn more.

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

Redfin Brokerage Licenses

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.

38125 homes for sale
38128 homes for sale
38111 homes for sale
38116 homes for sale
38117 homes for sale

Houses for rent in Memphis	Agents near me	Brentwood, TN homes for sale	Memphis Housing Market
Houses for sale near me	Nashville, TN homes for sale	Memphis, TN homes for sale
Land for sale near me	Franklin, TN homes for sale	Murfreesboro, TN homes for sale
Open Houses near me	Knoxville, TN homes for sale	Memphis Property Records
Condos for sale near me	Chattanooga, TN homes for sale	TN New Listings

Bartlett homes for sale
Germantown homes for sale
Collierville homes for sale

About this home

Payment calculator

Affordability tools

Open houses

Nearby open houses (10)

Around this home

Schools

Market insights

Property details

Sale and tax history for 198 Loraine Rd

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 198 Loraine Rd

This home is pending

Questions? Redfin partner agents are here to help

Nearby similar homes

New listings for sale in 38109

More real estate resources