506 E Raines Rd, Memphis, TN 38109 Property Records

Shelby County property record for 506 E Raines Rd, Memphis, TN 38109

Property Summary

Property Type	Single Family Home
Details	3 bd · 1 ba · 1,408 sqft · built 1940
Lot Size	0.425 acres (18,513 sqft)
Owner	2 Individual Names on File
Last Sale	$57,400 (Mar 1999)
Tax Bill	$662 (2025)
Deeds & Mortgages	Oct 2023 Mortgage
Flood Zone	Zone X (minimal risk)
APN	`07-6023-0-0017`

Property Details

APN / Parcel Number

Primary APN	`07-6023-0-0017`

Interior

Bedrooms	3 Beds
Full Baths	1 Bath
Total Rooms	6 Rooms
Stories	1 Story
Building Area	1,408 sqft Living Area
1st Floor Area	1,408 sqft

Exterior

Year Built	Built 1940
Effective Year Built	Effective 1940
Architectural Style	Ranch
Exterior Material	Stone
Roof Type	Gable
Roof Material	Composition Shingle
Lot Area	18,513 sqft (0.425 acres)
Lot Dimensions	185 ft deep x 100 ft wide
Garage Type	Detached
Garage Area	220 sqft
Porch	Open Porch
Porch Area	96 sqft

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Central
Heating Fuel	Gas

Location & Zoning

Street Address	506 E RAINES RD
City	MEMPHIS
State	TN
Zip	38109-8331
Property Category	Residential
Property Type	Residential > Single Family > Home
Local Zoning Code	R-10
Jurisdiction	SHELBY TN
Township / Civil Division	9
Census Block Group	1
Census Block	1013
Census Tract	22321

Owner

Source: Shelby County assessment roll, as of June 2, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	2 Individual Names on File
Mailing Address	506 E RAINES RD, MEMPHIS, TN 38109-8331
Occupancy	Owner Occupied
Owner Type	Individual
Vesting	Right of Survivorship

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	2 Verified Names on Deed
Last Sale	Mar 3, 1999 · Amount on Record
Deed Sale	Mar 3, 1999 · Amount on Record
Deed Document Number	1999JE-0807
Prior Transfer Date	Jan 11, 1998
Prior Transfer Doc	0000008522
Record Updated	Sep 20, 2026

October 2023: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	SHELBY TN
Property Address	506 E RAINES RD, MEMPHIS, TN 38109-8331
Transaction Type	Mortgage
Record Updated	Oct 12, 2023
Title Company	SERVICELINK

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	506 E RAINES RD, MEMPHIS, TN 38109-8331

Mortgage

Document Number	0023084634
Date	Oct 5, 2023
Instrument	23084634

Lender

Name	NEWREZ LLC
Type	Mortgage Company
Address	TEMPE, AZ 85284

Agreement

Type	FHA Mortgage
Amount	Amount Recorded
Term	65 Months
Due	Mar 1, 2029

Tax Assessment & Valuation

Source: Shelby County assessment roll, as of June 2, 2026

Property Jurisdictions

Type	Name
State	Tennessee
County	Shelby County
Municipality	Memphis City
Unified School District	Shelby County School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$662.00 (-40.2%)	$24,625 (+35.49%) Land $4,300 Building $20,325	$98,500 (+35.49%) Land $17,200 Building $81,300
2023		$18,175 Land $3,450 Building $14,725
2022	$1,107.00
2021			$72,700 Land $13,800 Building $58,900

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective June 4, 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 97% of the US · lower than 97.5% of Tennessee
Wildfire Likelihood	0.02% annual chance
Exposure	None beyond ember reach

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	MEMPHIS LIGHT, GAS, & WATER serves 659,500 people · EPA ID TN0000450
Water Source	Groundwater
Last State Inspection	Apr 2024
Lead	5 ppb (2023–2025) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 342 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
AT&T Fiber · DSL	5,000 / 5,000
Xfinity Cable	2,000 / 250
T-Mobile USA Fixed Wireless	100 / 20

May also be available: Verizon.

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