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Image 1 - 574 Bonita Drive, Raines, Memphis, TN 38109, USA - House for sale

Image 2 - 574 Bonita Drive, Raines, Memphis, TN 38109, USA - House for sale

Image 3 - 574 Bonita Drive, Raines, Memphis, TN 38109, USA - House for sale

Image 4 - 574 Bonita Drive, Raines, Memphis, TN 38109, USA - House for sale

Image 5 - 574 Bonita Drive, Raines, Memphis, TN 38109, USA - House for sale

Image 6 - 574 Bonita Drive, Raines, Memphis, TN 38109, USA - House for sale

Image 7 - 574 Bonita Drive, Raines, Memphis, TN 38109, USA - House for sale

Image 8 - 574 Bonita Drive, Raines, Memphis, TN 38109, USA - House for sale

Home For Sale In Memphis, Tennessee

574 Bonita Drive, Raines, Memphis, TN 38109, USA

Home For Sale In Memphis, Tennessee

house for sale

6 views

Listed: 04/13/24

574 Bonita Drive, Raines, Memphis, TN 38109, USA

3 Bed:

1 Bath:

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Price

$ 112,900

Price: Lower

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About This House

Nice 3 Bedroom 1 Bath home in Move in Condition! Home has new interior/exterior paint, hardwood floors, new electric stove, Hardwood floors. Nice, big, fenced backyard with huge storage building, painted cabinets, security doors, updated fixtures, plus nice front porch. Online video available upon request. Home qualifies for 100% special financing thru Pinnacle Bank. FHA/VA/Conventional offers welcome! Could be a great primary residence or investment property.

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Memphis Housing & Living

Average sale prices for houses

2 bed

3 bed

4+ bed

Show as List Show as Graph

Month	Median Price
May 2024	$231,511 (-0.5%)
Apr 2024	$232,711 (-7.3%)
Mar 2024	$251,086 (0%)
Feb 2024	$251,086 (0%)
Jan 2024	$251,086 (+29%)
Dec 2023	$194,642 (-11.4%)

In May 2024, the asking price for 3 bed houses for sale in/near Memphis, United States averaged $231,511, a decrease of 0.5% from the previous month.

Median price trends for properties for sale in Memphis, United States as of May 2024.

Household Income

Median household income: $37,199

Number of households: 252,517

The average household income in Memphis, TN declined from $39,333 to $37,199 in the past year. This data is an estimate based upon 252,517 households in Memphis, TN.
The chart below presents how household income is distributed in Memphis, TN in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Memphis, TN compared to median property taxes around the country. The prevalent amount of property taxes in Memphis, TN equals $800-$1,500 , which is less than the national average.

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