1040 E Raines Rd, Memphis, TN 38116
OFF MARKET

$93,200

Trulia Estimate
  • 3 Beds
  • 1 Bath
  • 1,280 sqft (on 0.42 acres)

1040 E Raines Rd, Memphis, TN 38116

Whitehaven
Est. Refi. Payment $660/mo*
Refinance Your Home

Home Value

Trulia Estimate
$93.2K
Since last month
Decreased$2K (-2.2%)
Since last year
Decreased$4K (-4.5%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +109% in the last 10 years
MonthEstimated value
2026
September 2026$93K
August 2026$95K
July 2026$99K
June 2026$100K
May 2026$108K
April 2026$106K
March 2026$104K
February 2026$102K
January 2026$95K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
966 Michael Cv, Memphis, TN
0.29
Single-Family Home
$119,900
08/07/26
3
1
1,036
1229 Marlin Rd, Memphis, TN
0.38
Single-Family Home
$75,000
05/01/26
3
1
1,162
4025 E Whitehaven Park Cir, Memphis, TN
0.23
Single-Family Home
$174,000
06/12/26
3
2
1,559
4227 Auburn Rd, Memphis, TN
0.40
Single-Family Home
$159,900
09/09/26
3
1
1,266
972 S Whitehaven Park Cir, Memphis, TN
0.15
Single-Family Home
$155,000
04/14/26
4
2
1,856
984 E Raines Rd, Memphis, TN
0.11
Single-Family Home
$139,000
08/06/26
4
2
1,829
988 Michael Cv, Memphis, TN
0.27
Single-Family Home
$80,000
06/09/26
3
1.5
1,366
999 Mosby Rd, Memphis, TN
0.48
Single-Family Home
$120,000
11/18/25
3
1
1,324
740 Lydgate Rd, Memphis, TN
0.59
Single-Family Home
$35,000
02/06/26
3
1
1,290
4278 Auburn Rd, Memphis, TN
0.40
Single-Family Home
$82,451
05/15/26
3
2
1,375

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
1023 S Whitehaven Park Cir, Memphis, TN 38116
0.06
$164,700
4
2
1,513
Off Market
4080 E Whitehaven Park Cir, Memphis, TN 38116
0.11
$144,999
4
2
1,974
For Sale
1003 E Raines Rd, Memphis, TN 38116
0.09
$212,200
3
2
1,798
Off Market
984 E Raines Rd, Memphis, TN 38116
0.11
$139,000
4
2
1,829
Recently Sold
972 S Whitehaven Park Cir, Memphis, TN 38116
0.15
$155,000
4
2
1,856
Recently Sold
4044 E Whitehaven Park Cres, Memphis, TN 38116
0.18
$128,500
4
2
1,929
Off Market
1065 Marlin Rd W, Memphis, TN 38116
0.14
$150,600
4
2
1,473
Off Market
1114 Marlin Rd, Memphis, TN 38116
0.17
$149,000
4
2
2,046
Off Market
1126 Marlin Rd #17, Memphis, TN 38116
0.19
-
-
-
-
Off Market
1126 MARLIN RD, Memphis, TN 38116
0.19
-
-
-
-
Off Market
973 Lydgate Rd, Memphis, TN 38116
0.19
$194,400
4
1.5
1,634
Off Market
4089 Michael Cv #4-5, Memphis, TN 38116
0.19
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 1040 E Raines Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1951
0.42 acre lot
1,280 sqft
$73/sqft

About this House

This single-family home is located at 1040 E Raines Rd, Memphis, TN. 1040 E Raines Rd is in the Whitehaven neighborhood in Memphis, TN and in ZIP code 38116. This property has 3 bedrooms, 1 bathroom and approximately 1,280 sqft of floor space. This property has a lot size of 0.42 acres and was built in 1951.
1040 E Raines Rd, Memphis, TN 38116 is a 3 bedroom, 1 bathroom, 1,280 sqft single-family home in Whitehaven, built in 1951. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $93,200, with a rent estimate of $1,326/month.

Home Details for 1040 E Raines Rd

Interior Features

Interior Details
BasementNumber of Rooms: 6
Heating & Cooling
Heating: Forced AirHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: CompositionExterior: OtherFoundation Type: Crawl Raised

Property Information

Year Built
Year Built: 1951
Property Type / Style
Property Type: Single Family HomeArchitecture: cottage

Community

Units in Building: 1

Lot Information

Lot Area: 0.42 acres

Price and Tax history

YearProperty taxTax assessment
2025
$1,360
$103,200
Home facts updated by county records

Market trends in Memphis

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$154K
$4KMoM
Sale-to-List Price
98.1%
0.1%MoM
Price per sq ft
$111
$1MoM
Available listings
3182
22MoM

Around this home

Neighborhood Overview

Whitehaven
See Local Highlights
Neighborhood stats provided by third party data sources.

LGBTQ Local Legal Protections

Frequently asked questions about 1040 E Raines Rd

  • What is 1040 E Raines Rd estimated to be worth?
    Trulia's estimated value for 1040 E Raines Rd in Memphis, TN is $93,200.
  • Is Memphis a buyer's or seller's market?
    Memphis is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Memphis?
    The median sale price in Memphis is $154K. That is down $4K from the prior month.
  • What are the closest schools to 1040 E Raines Rd?
    The closest schools to 1040 E Raines Rd in Memphis, TN are A. Maceo Walker Middle School (rated 6/10), Hillcrest High School (rated 4/10), Westhaven Elementary School (Pre-K, rated 6/10).
  • How big is the lot at 1040 E Raines Rd?
    The lot at 1040 E Raines Rd in Memphis, TN is about 0.42 acres (18,469 sq ft).

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Apartments for Rent

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Off Market Homes Near 1040 E Raines Rd

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