new - 7 days on rocket

1506 Raymore Rd, Memphis, TN, 38117

$209,900

Home List Price

$2,493*

Closing Credit

3 Bedrooms
1 Full Bath
House

Location

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1506 Raymore Rd, Memphis$209,900

Buyer Closing Credits

$2,493*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad
Year Built1954
HeatingCentral
CoolingCentral Air
MLS #10187231
Lot Size0.18 Acres
StatusActive

About 1506 Raymore Rd

Wonderfully renovated 3-bed 1-bath home in the heart of East Memphis! Home comes with a newly installed water heater & electrical system. Extremely well-maintained and ready for its new owner! Washer/dryer stay. Come see this home today!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1954
  • Stories: 1

Listing Office:

  • Office Name: RE PROS LLC

Interior Features

Interior Information:

  • Flooring Type: Part Hardwood, Tile

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Wood Fence

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Few Trees
  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: North on Mt. Moriah, West on Quince, South on Raymore

Price Information

Listing Price Info

Price Summary:

  • List Price: $209,900

Tax Information:

  • Annual Amount: $1,797
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Memphis, TN.

Med. Sold Price

$190.5K

Med. Price/SqFt

$139

Avg. Days On Market

67

# of Sold Homes

397

1506 Raymore Rd vs Memphis

7 DAYS ON ROCKET

-60 Days

$209,900

+$19.3K More

KEY TAKEAWAY

This property is $19.3K more than the Median Sold Price in Memphis, TN.

Based on homes sold in December 2024

MLS Details

MLS Information:

  • MLS Number: #10187231

Listing Office:

  • Office Name: RE PROS LLC

Copyright© 2025 Memphis Area Association of REALTORS. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/6/2025, 9:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,797$24,825
2020$1,333$18,400
2019$1,333$18,400
2018$756$18,400
2017$799$18,400

History based on county public records data.

Payment Calculator

$1,115

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$696

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-749341
4
/10
  • Willow Oaks Elementary School

  • 4417 Willow Rd

  • 0.81 miles

  • Public Magnet Grades PK-5

school-card-donut-749342
7
/10
  • Sea Isle Elementary School

  • 5250 Sea Isle Rd

  • 0.84 miles

  • Public District Grades PK-5

school-card-donut-749343
3
/10
  • Evans Elementary School

  • 4949 Cottonwood Rd

  • 1.52 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,801. Typical income of Memphis, TN residents is between $35k-100k annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1506 Raymore Rd

What is the listing price of this property?

The listing price of 1506 Raymore Rd property is $209,900.

What type of property is this?

The property 1506 Raymore Rd is a house located in Memphis, Tennessee, 38117.

Is this property for sale now?

Active Listing: 1506 Raymore Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,797 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1506 Raymore Rd has 3 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 1506 Raymore Rd is 1954.

Rocket Homes›Tennessee›Shelby County›Memphis›38117›1506 Raymore Rd

This home is located at 1506 Raymore Rd in Memphis, TN and zip code 38117 in the Colonial Acres neighborhood. This home, which was built in 1954, sits on a 0.18 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 30, 2024 and is currently priced at $209,900.

Memphis, TN housing market in December 2024 saw over 61 listings sold above listed price, more than 97 sold at listed price and over 237 sold below. Between November 2024 and December 2024, Memphis, TN real estate market has seen increase in the number of listings by 1.5%. In December 2024, listings were on the market for 67 days. During the same period, the median list price in this real estate market was $190,593.

From Rocket Homes Real Estate and based on county public records data.

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