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$109,900

Listing Price

3beds

2baths

2,023sqft

10,978sqft lot

1308 E Raines Rd, Memphis, TN 38116

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Single Family

Home type

54.33

Price / sqft

1955

Year built

Home Details

This 3-bedroom, 2.5-bath home offers a functional layout with plenty of potential for its next owner. The property features a single-car attached carport for convenient covered parking and a rear deck thats perfect for relaxing or entertaining outdoors. Inside, youll find a spacious floor plan with ample room for comfortable living. Whether youre a first-time homebuyer looking to add your personal touch or an investor seeking your next opportunity, this property presents great possibilities. Home is being sold in AS-IS condition. All offers must be submitted online at Auction.com. Purchasers may use any lender to finance the purchase of the property, however the seller requires that all non-cash offers must be pre-qualified by Newrez loans, prior to offer acceptance. Under FinCEN s new RRE Rule, transfers will be subject to reporting when buyers use entities or trusts to take title to residential real estate, when the transaction is all-cash, privately financed or HELOC.

Interior Details

Square Feet
  • 2023

Bedrooms
  • 3

Bathrooms
  • 2

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Central

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Gas

Basement
  • Has Basement:

    No

  • Basement Type:

    No Basement

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 10978

Water
  • No

Sewer
  • No

Parking
  • Type:

    Carport (unspecified)

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    1

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • Yes

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 1

Style
  • Traditional/old

Exterior
  • Brick Veneer

Foundation
  • N/A

Roof
  • Gable

Roofing Material
  • Composition Shingle

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2019

$1,720

$4,075

$19,675

--%

$23,750

2019

$1,720

$4,075

$19,675

--%

$23,750

2018

$1,720

$4,075

$19,675

--%

$23,750

2017

$976

$4,075

$19,675

--%

$23,750

2015

$949

$4,075

$17,650

--%

$21,725

2013

$951

$4,075

$17,650

--%

$21,725

2013

$951

$4,075

$17,650

--%

$21,725

2012

$1,247

$4,550

$26,475

--%

$31,025

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Average Home Price in 38116

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$191,116

3 Beds

2 Baths

1,729 Sqft

20,780 Lot (sqft)

Sold 07/07/2026

$177,482

3 Beds

2 Baths

2,162 Sqft

13,300 Lot (sqft)

Sold 07/07/2026

$87,578

3 Beds

2 Baths

1,740 Sqft

11,900 Lot (sqft)

Sold 04/28/2026

$125,000

4 Beds

2 Baths

1,759 Sqft

11,900 Lot (sqft)

Sold 09/29/2026

$149,500

3 Beds

2 Baths

1,865 Sqft

18,386 Lot (sqft)

Sold 09/29/2026

$109,900

3 Beds

2 Baths

2,023 Sqft

10,978 Lot (sqft)

Sold 10/05/2026

$165,000

3 Beds

1 Baths

1,798 Sqft

11,200 Lot (sqft)

Sold 09/29/2026

$148,815

3 Beds

2 Baths

2,087 Sqft

27,108 Lot (sqft)

Sold 10/06/2026

$209,500

3 Beds

3 Baths

1,914 Sqft

10,530 Lot (sqft)

Sold 09/29/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
109,900
$
Down payment
21,980
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
659.4
$
HOA (Monthly)
0
$
PMI
0
$
$711
Your Payment
Total Monthly Payment:$711
Percent of Income:12%
Affordable:Yes

Details for 1308 E RAINES RD

Property Debt

Foreclosure Contact Details