OFF MARKET

Off market nov 2023 for $159K

$167,071

Est. refi paymentEst. refi $166/mo

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sq ft

281 Loraine Rd, Memphis, TN 38109

About this home

Completely renovated home with resident on a 2-year lease at $1,250 in year 1 and $1,295 in year 2. New roof, HVAC, updated kitchen, updated bathrooms and vinyl plank flooring throughout. Our repairs & updates make this a great investment property to maximize cash flow. Can be bought individually or part of a package of fully renovated homes. Need a Quick Sell? We are always looking to buy homes "as is" without inspection and will pay cash. Call listing agent for details!

Single-familyProperty Type

1965Year Built

7,405 sq ftLot Size

$104Est. Price/Sq.Ft.

1 spaceParking

Listed by Andrew Akins • CB Properties of Memphis, LLC

Bought with Andrew Akins • CB Properties of Memphis, LLC

Redfin checked: 2 minutes ago

•Source:Memphis Area Association of Realtors(R) MLS #10157830

Redfin Estimate

$167,071

$7,571 since sold in November 2023$11K since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 61.7% higher than the average sale price ($103K) of 6 comparable homes.

SOLD JUN 17, 2026
$115,000
A
3 beds2 baths— sq ft
4775 Stacey Rd, Memphis, TN 38109
SOLD MAY 20, 2026
$85,000
B
3 beds2.5 baths— sq ft
4983 Vickie Dr, Memphis, TN 38109
SOLD AUG 25, 2026
$112,000
C
3 beds2 baths— sq ft
4553 Neely Rd, Memphis, TN 38109
SOLD JUL 2, 2026
$62,000
D
3 beds1.5 baths— sq ft
336 Burwood Dr, Memphis, TN 38109
SOLD MAY 4, 2026
$159,900
E
3 beds2 baths— sq ft
4571 White Fox St, Memphis, TN 38109
SOLD JAN 29, 2026
$86,000
F
3 beds2 baths1,200 sq ft
4909 Neely Rd, Memphis, TN 38109

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Earn from this home

Refinance

Est. cash available

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Rent

$1,257/mo

Redfin rental estimate

List your home for rent

Market trends in 38109, TN

Last updated October 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price

94.3%

1.0% MoM

Median sale price

$104K

$10K MoM

Avg. days on market

77d

41 days MoM

Recently sold homes

102

21 MoM

New listings for sale

NEW 7 HRS AGO
$90,000
3 beds1 bath— sq ft
4518 Whiteside St, Memphis, TN 38109
$99,900
3 beds1 bath— sq ft
4875 Shayne Ln, Memphis, TN 38109
$104,900
3 beds1 bath— sq ft
3947 Mccain Rd, Memphis, TN 38109
$24,900
4 beds1 bath— sq ft
64 W Gage Ave, Memphis, TN 38109
$48,500
2 beds1 bath— sq ft
301 Elder Rd, Memphis, TN 38109
$35,000
4 beds2 baths— sq ft
1926 Riverside Blvd, Memphis, TN 38109
$104,900
3 beds1 bath— sq ft
4169 Double Tree Rd, Memphis, TN 38109
$77,500
4 beds1.5 baths— sq ft
1200 Western Park, Memphis, TN 38109
FOR SALE BY OWNER
$10,000
2 beds1 bath969 sq ft
1732 Farrington St, Memphis, TN 38109
$95,000
2 beds1 bath— sq ft
4711 Dalton Rd, Memphis, TN 38109
See all

Provided by Redfin

Sale history for 281 Loraine Rd

Year

Property tax

Land + Additions

Assessment*

2025

$2,614 (+8.9%)

$3,875 + $41,475

$45,350

2024

$2,400 (+99.5%)

$3,875 + $50,150

$54,025

2023

$1,203

$2,700 + $33,750

$36,450

2022

$1,203 (−1.2%)

$2,700 + $17,050

$19,750

2021

$1,217 (+6.5%)

$2,700 + $17,050

$19,750

2020

$1,143

$2,700 + $17,050

$19,750

2019

$1,143

$2,700 + $13,075

$15,775

2018

$1,143 (+76.3%)

$2,700 + $13,075

$15,775

2017

$648 (−2.7%)

$2,700 + $13,075

$15,775

2016

$666

$2,700 + $13,075

$15,775

2014

$666

$2,700 + $12,550

$15,250

Tax history for 281 Loraine Rd

Year

Property tax

Land + Additions

Assessment*

2025

$2,614 (+8.9%)

$3,875 + $41,475

$45,350

2024

$2,400 (+99.5%)

$3,875 + $50,150

$54,025

2023

$1,203

$2,700 + $33,750

$36,450

2022

$1,203 (−1.2%)

$2,700 + $17,050

$19,750

2021

$1,217 (+6.5%)

$2,700 + $17,050

$19,750

2020

$1,143

$2,700 + $17,050

$19,750

2019

$1,143

$2,700 + $13,075

$15,775

2018

$1,143 (+76.3%)

$2,700 + $13,075

$15,775

2017

$648 (−2.7%)

$2,700 + $13,075

$15,775

2016

$666

$2,700 + $13,075

$15,775

2014

$666

$2,700 + $12,550

$15,250

*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

Beds

Baths

2.5

Stories

Lot width

65 ft.

Lot depth

120 ft.

Lot size

7,800 Sq. Ft.

Year renovated

2012

Sq. Ft.

1,608

Year built

1966

Style

Single Family Residential

County

Shelby County

APN

076122 00005

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

Property details

Parking

Parking Information
# of Covered Parking Spaces: 1
Parking/Storage: Driveway/Pad

Interior

Bedroom Information
# of Bedrooms (Lower): 3
# of Bedrooms: 3
# of Bedrooms: 3
# of Bedrooms Down: 3
Master Bedroom Dimensions: 14 x 12
Master Bedroom Dimensions: 14 x 12

Bathroom Information
# of Baths (Full): 2
# of Baths (1/2): 1
# of Bathrooms (Full): 2
# of Bathrooms (1/2): 1

Interior Features
# of Rooms: 7
# of Stories: 1
Floors/Ceilings: Hardwood Throughout

Room Information
Living Room Dimensions: 15 x 20
Dining Room Dimensions: 14 x 15
Den/Great Room Dimensions:
Dining Room Dimensions: 14x15
Living Room Dimensions: 15x20
Living/Dining/Kitchen: Separate Dining Room, Separate Living Room, Updated/Renovated Kitchen, Washer/Dryer Connections
Den/Great Room Dimensions: 0x0
Additional Bedroom/Bathroom Info: All Bedrooms Down

Exterior

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

Land Information
Acreage: 0.17

Lot Information
Parcel ID: 076122 00005
Lot #: 113
Lot Size: 65X120
Lot Description: Level
Area: 767C

Property Information
Detached Single Family
Style: Traditional
Property Construction Status: Existing Property
Approx Heated Sq. Ft. Range: 1600-1799
Year Built: 1965

Financial

Tax Information
Annual City Tax: $534
Annual County Tax: $670

Financing
Buyer Contributions: 0

Utilities

Utility Information
Heating: Central
Cooling: Central

Location

Multi-Unit Information
Detached Unit Type: General Residential

Location Details
Directions: South on Neely off Highway 51. Left onto Loraine. Home on the right.
MAAR Subdivision Name: SMITH & TURLEY

Public facts

Beds: 3
Baths: 2.5
Sq. Ft.: 1,608
Stories: 1.0
Lot Size: 7,800 square feet
Style: Single Family Residential
Year Built: 1966
Year Renovated: 2012
County: Shelby County
APN: 076122 00005

Home facts updated by county records on Oct 22, 2026

Around this home

Schools

K - 12
Preschool & daycare

Geeter School

Public PreK-8 • Assigned • 1.0mi

4/10

Fairley High School

Charter 9-12 • Assigned • 0.3mi

4/10

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

18% 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

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

$159,000 – $193,000

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

Nearby similar homes

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3 beds2 baths— sq ft

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Listing provided by REALTRACS

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New listings for sale in 38109

NEW 7 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

Home values near 281 Loraine Rd

Data from public records.

Address	Redfin Estimate
280 Loraine Road, Memphis, TN 3 Beds \| 1.5 Baths \| 1200 Sq. Ft.	$121,894
268 Loraine Road, Memphis, TN 3 Beds \| 1.5 Baths \| 1258 Sq. Ft.	$129,974
288 Loraine Road, Memphis, TN 3 Beds \| 1.5 Baths \| 1137 Sq. Ft.	—
263 Loraine Road, Memphis, TN 3 Beds \| 1.5 Baths \| 1160 Sq. Ft.	$123,682
275 Loraine Road, Memphis, TN 3 Beds \| 1.5 Baths \| 1528 Sq. Ft.	$120,545
260 Summerwood Avenue, Memphis, TN 3 Beds \| 2.5 Baths \| - Sq. Ft.	$169,168
275 Inwood Drive, Memphis, TN 3 Beds \| 1.5 Baths \| 1207 Sq. Ft.	$124,196

Address	Redfin Estimate
300 Loraine Road, Memphis, TN 3 Beds \| 1.5 Baths \| 1297 Sq. Ft.	$133,481
308 Loraine Road, Memphis, TN 3 Beds \| 2 Baths \| 1745 Sq. Ft.	$155,405
294 Loraine Road, Memphis, TN 3 Beds \| 1.5 Baths \| 1454 Sq. Ft.	$137,426
295 Loraine Road, Memphis, TN 3 Beds \| 1.5 Baths \| 1114 Sq. Ft.	$123,376
309 Loraine Road, Memphis, TN 3 Beds \| 1.5 Baths \| 1175 Sq. Ft.	$125,893
308 Summerwood Avenue, Memphis, TN 3 Beds \| 2 Baths \| 1612 Sq. Ft.	$128,443
289 Inwood Drive, Memphis, TN 3 Beds \| 1.5 Baths \| 1114 Sq. Ft.	$124,256

Address	Redfin Estimate
262 Loraine Road, Memphis, TN 3 Beds \| 2 Baths \| 1404 Sq. Ft.	$139,927
274 Loraine Road, Memphis, TN 3 Beds \| 1.5 Baths \| 1788 Sq. Ft.	$151,513
269 Loraine Road, Memphis, TN 3 Beds \| 1.5 Baths \| 1114 Sq. Ft.	$118,741
289 Loraine Road, Memphis, TN 3 Beds \| 1 Baths \| 1200 Sq. Ft.	$110,852
301 Loraine Road, Memphis, TN 3 Beds \| 1.5 Baths \| 1110 Sq. Ft.	$125,496
283 Inwood Drive, Memphis, TN 3 Beds \| 1.5 Baths \| 1441 Sq. Ft.	$138,138
273 Summerwood Avenue, Memphis, TN 3 Beds \| 1.5 Baths \| 1068 Sq. Ft.	$113,092

Property information provided by undefined .

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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 38109, TN

Sale history for 281 Loraine Rd

Tax history for 281 Loraine Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 38109

Home values near 281 Loraine Rd

More real estate resources