Sold for $65,000

$65,000

899 W Raines Rd, Memphis, TN 38109

3beds

1,078sqft

Single Family Residence

Built in 1968

6,534 Square Feet Lot

$-- Zestimate^®

$60/sqft

$1,308 Estimated rent

Home value

Not available

Estimated sales range

Not available

$1,308/mo

Zestimate^® history

Owner options

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$1,308/mo

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$1,308/mo

Rent Zestimate^®

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$327/mo

Est. payment

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$327/mo

Est. payment

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What's special

Solid bonesGenerous lot

Attention investors, rehabbers, and savvy buyers! This diamond in the rough at 899 W. Raines Rd offers an incredible opportunity to add value and build equity. Situated on a generous lot in an established Memphis neighborhood, this property is ready for its next chapter. Whether you're looking for your next fix-and-flip project, a long-term rental addition, or a buy-and-hold investment, the potential here is undeniable. With solid bones and a desirable location convenient to major highways, shopping, schools, and employment centers, this property presents multiple exit strategies for today's investor. Bring your vision, your contractor, and your creativity! Properties with this much upside and potential don't stay on the market long. Sold As-Is. No repairs will be made by the seller.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1

Kitchen

Features: Eat-in Kitchen

Heating

Central

Cooling

Central Air

Features

2 Full Primary Baths, All Bedrooms Down, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
Flooring: Part Carpet
Has fireplace: No

Interior area

Total interior livable area: 1,078 sqft

Property

Parking

Total spaces: 1
Parking features: Driveway/Pad
Covered spaces: 1
Has uncovered spaces: Yes

Features

Stories: 1
Patio & porch: Porch
Pool features: None

Lot

Size: 6,534 Square Feet
Dimensions: 62 x 106
Features: Some Trees

Details

Parcel number: 075137 00021

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence
Attached to another structure: Yes

Materials

Brick Veneer

Condition

New construction: No
Year built: 1968

Community & HOA

Community

Subdivision: Chickasaw Village 7th Addn

Location

Region: Memphis

Financial & listing details

Price per square foot: $60/sqft
Tax assessed value: $79,600
Annual tax amount: $1,049
Price range: $65K - $65K
Date on market: 6/6/2026
Cumulative days on market: 12 days

Price history

Date	Event	Price
7/15/2026	Sold	$65,000-20.7%$60/sqft
Source: MAAR #10223299 Report a problem
6/17/2026	Pending sale	$82,000$76/sqft
Source: MAAR #10223299 Report a problem
6/6/2026	Listed for sale	$82,000+30.2%$76/sqft
Source: MAAR #10223299 Report a problem
4/20/2005	Sold	$63,000+142.3%$58/sqft
Source: Public Record Report a problem
10/13/2004	Sold	$26,000-55.3%$24/sqft
Source: Public Record Report a problem
5/24/2004	Sold	$58,167+3.9%$54/sqft
Source: Public Record Report a problem
2/9/2002	Sold	$55,999+31.8%$52/sqft
Source: Public Record Report a problem
11/19/1996	Sold	$42,501-20.1%$39/sqft
Source: Public Record Report a problem
5/31/1996	Sold	$53,176$49/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,049 +16%	$19,900 +45%
2024	$904 +8.1%	$13,725
2023	$836	$13,725
2022	--	$13,725
2021	--	$13,725 +11.6%
2020	$393	$12,300
2019	$393 -21.1%	$12,300
2018	$498 -45.1%	$12,300
2017	$908 +134.7%	$12,300 +8.1%
2016	$387 -12.6%	$11,375
2014	$442	$11,375
2013	--	$11,375 -18%
2012	--	$13,875
2011	--	$13,875
2010	--	$13,875
2009	--	$13,875 -7.2%
2008	--	$14,950
2007	--	$14,950
2006	--	$14,950
2005	--	$14,950 +6.8%
2004	--	$14,000
2003	--	$14,000
2002	--	$14,000
2001	--	$14,000 +37.9%
2000	--	$10,150