1340 E Raines Rd, Memphis, TN 38116
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Property image
OFF MARKET

1340 E Raines Rd
Memphis, TN 38116

White Haven-Coro Lake
  • 3 Beds
  • 2 Baths
  • 1,464 sqft (on 0.25 acres)

$130,000

Trulia Estimate
as of Aug 13, 2026
Est. Refi. Payment $850/mo*
Refinance Your Home

$130,000

Trulia Estimate
as of Aug 13, 2026
Est. Refi. Payment $850/mo*
Refinance Your Home
3 Beds
2 Baths
1,464 sqft
(on 0.25 acres)

Home Value

Trulia Estimate
$130K
Since last month
Decreased$700 (-0.5%)
Since last year
Increased$2K (+1.8%)
Since last sale
Increased$104K (+400%)
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 +78% in the last 10 years
MonthEstimated value
2026
August 2026$130K
July 2026$131K
June 2026$131K
May 2026$133K
April 2026$131K
March 2026$127K
February 2026$125K
January 2026$125K
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
1441 Carol Dr, Memphis, TN
0.21
Single-Family Home
$50,900
03/17/26
3
2
1,358
1341 Carol Dr, Memphis, TN
0.09
Single-Family Home
$164,900
03/16/26
3
1.5
1,626
1429 Timothy Dr, Memphis, TN
0.47
Single-Family Home
$20,000
04/08/26
3
2
1,579
4070 Spiegel Dr, Memphis, TN
0.18
Single-Family Home
$155,000
09/17/25
3
1.5
1,463
3910 Hermitage Dr, Memphis, TN
0.42
Single-Family Home
$40,700
03/26/26
3
2
1,949
1381 Laudeen Dr, Memphis, TN
0.32
Single-Family Home
$120,000
01/23/26
3
2
1,141
1509 Carol Dr, Memphis, TN
0.33
Single-Family Home
$94,600
03/02/26
3
2
1,235
1495 Bonnie Dr, Memphis, TN
0.29
Single-Family Home
$169,000
08/25/25
4
1.5
1,249
3921 Royal Oaks Dr, Memphis, TN
0.50
Single-Family Home
$87,000
12/18/25
3
1.5
1,284
3971 Patte Ann Dr, Memphis, TN
0.43
Single-Family Home
$164,900
06/26/26
3
2
1,620

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
1324 Bonnie Dr, Memphis, TN 38116
0.07
$170,600
3
2
1,766
Off Market
1341 Carol Dr, Memphis, TN 38116
0.09
$164,900
3
1.5
1,626
Recently Sold
1385 Carol Dr, Memphis, TN 38116
0.12
$198,900
3
2
1,711
Off Market
1402 Bonnie Dr, Memphis, TN 38116
0.13
$215,100
3
2.5
1,980
Off Market
1401 Carol Dr, Memphis, TN 38116
0.14
$145,000
3
2
1,198
For Sale
1304 Carol Dr, Memphis, TN 38116
0.14
$129,000
4
2
1,759
For Sale
1283 E Raines Rd, Memphis, TN 38116
0.12
$1,186,000
Studio
-
14,216
For Sale
1311 Marlin Rd, Memphis, TN 38116
0.14
$99,999
3
1
1,498
For Sale
4089 Charles Dr, Memphis, TN 38116
0.15
$176,400
3
2
1,268
Off Market
4070 Spiegel Dr, Memphis, TN 38116
0.18
$152,500
3
1.5
1,463
Off Market
4052 Spiegel Dr, Memphis, TN 38116
0.21
$174,200
3
1.5
1,798
Off Market
4018 Hermitage Dr, Memphis, TN 38116
0.21
$152,200
3
2
1,187
Off Market

Local Information

  • Map ViewExplore the area around 1340 E Raines Rd.
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1956
Lot Size
0.25 acres
Living Area
1,464 sqft
Price/Sqft
$89

About this House

This beautiful 1-story brick home features a large kitchen with plenty of charm and preparation space, a comfortable living room, dining, 3 spacious bedrooms, 1 1/2 bathrooms perfect for guests, a 2-car carport, and much more!

Contact Reedy and Company today to speak with a leasing consultant at (901) 842-0805!
1340 E Raines Rd, Memphis, TN 38116 is a 3 bedroom, 2 bathroom, 1,464 sqft single-family home in White Haven-Coro Lake, built in 1956. It last sold for $26,000 on Apr 25, 2012. More recently, it was listed as a rental in April 2017 with an asking price of $850 per month. That rental listing was removed on October 12, 2017. It is currently off market. The Trulia Estimate is $130,000, with a rent estimate of $1,339/month.

Home Details for 1340 E Raines Rd

Interior Features

Heating & Cooling
Heating: OtherAir ConditioningCooling System: CentralHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 1
Interior Details
Number of Rooms: 6
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: CompositionExterior: BrickPatio
Parking & Garage
Parking: Carport

Property Information

Year Built
Year Built: 1956
Property Type / Style
Property Type: Single Family HomeArchitecture: traditional

Community

Units in Building: 1

Lot Information

Lot Area: 10715 sqft

Price and Tax history

DateEventPrice
Oct 12, 2017
Source: Agent Provided
ListingRemoved
$795
Aug 4, 2017
Source: Agent Provided
PriceChange
$795
Price decreased by 6%
Apr 25, 2017
Source: Agent Provided
Listed For Rent
$850
Apr 25, 2012
Source: N/A
Sold
$26,000
Feb 24, 2012
Source: MAAR #3238509
Sold
$26,000

Market trends in White Haven-Coro Lake

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$115K
$10KMoM
Sale-to-List Price
97.2%
0.3%MoM
Price per sq ft
$86
$2MoM
Available listings
346
26MoM
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Around this home

Neighborhood Overview

White Haven-Coro Lake
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about White Haven-Coro Lake

At least 339 Trulia users voted on each feature.

  • 87 % Say car is needed

  • 85 % Say yards are well-kept

  • 77 % Say parking is easy

  • 64 % Say there are sidewalks

  • 63 % Say kids play outside

  • 61 % Say there's holiday spirit

  • 57 % Say streets are well-lit

  • 56 % Say it's quiet

  • 49 % Say they plan to stay for at least 5 years

  • 46 % Say neighbors are friendly

  • 45 % Say it's dog friendly

  • 38 % Say it's walkable to grocery stores

  • 31 % Say there's wildlife

  • 30 % Say people would walk alone at night

  • 25 % Say it's walkable to restaurants

  • 21 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Crystal wallace
    "It’s a great peaceful place to live the area is beautiful and houses are just as well look like everyone looks out for one another in the community haven’t heard to much crime in the neighborhood "
    1
    Flag
  • Dazarries Wilkerson
    "My commute is great soo far I have zero complaints about the neighboring areas. This property is only about 18 minutes away from my job and I think it would be a great fit."
    1
    Flag
  • Bridget Harris
    "I live in the area .. and have for over 30 years. It’s retired educators, physicians, and attorneys who live in the area. "
    4
    Flag
  • Bridget Harris
    "The area is rebuilding with restaurants and great neighborhood parks safe for daily exercise. There are a variety of great schools in the area from private, charter and public schools!"
    1
    Flag
  • Trulia User
    "Good I have doctors appointment and so do my sons. My sons are disable and we need piece and quite. It look like a good commute."
    4
    Flag
  • Trulia User
    "some areas in the neighbor are great, but they are hidden. whitehaven has more to offer than many of the low income neighborhoods in memphis. "
    2
    Flag
  • Trulia User
    "very safe each time I have lived in this area. I also go through this neighborhood several times a day and never seen anything that would bother me or surprise me . "
    9
    Flag
  • Trulia User
    "Needs some improvement! More police patrol night & day. Need sidewalks so the people & children can walk. Need more lighting. Need playground for children and a basketball court for boys & men."
    4
    Flag
  • Trulia User
    "I talked to my neighbor from time to time. Any other no other no just wave at my neighbors when passing by. Everyone is to themselves. "
    1
    Flag
  • Trulia User
    "right in the heart of Graceland, a city mall, numerous restaurant, grocery stores, and well lit streets. Very safe neighborhood with low crime, and nearby police and fire stations "
    6
    Flag
  • Trulia User
    "Tenured neighbors are friendly and watch out for each other. Great neighborhood to live in and everyone takes care of their property. "
    2
    Flag
  • Trulia User
    "The Elvis Presley Mansion/Museum is minutes away. This neighborhood is also 10 minutes away from downtown Memphis. "
    0
    Flag
  • Mwangirajoun
    "It’s ok over here. I like the elderly people who are truly amazing. The neighborhood is decent for the most part, I actually feel safe even though it’s lower income in some areas. My kids like to go outside and it’s lots of space to play for them. I still wanna move though. I just want to have more room and a quieter environment. I honestly need a safe place to own a pet. I worry about his safety. "
    52
    Flag
  • Willdogood64
    "I have live in the area for over four year..So when I start looking to buy a home I wanted to stay in this area..I like how you can get around from end of town to the next one in 15 to 20 minute."
    18
    Flag
  • Positive E.
    "I have lived in the Diamond Estates Community for 20 years now and I have never had any problems. Everyone focuses on the upkeep of their home and maintaining their property value. You will not make a bad choice when choosing this community. "
    26
    Flag
  • Markesha M.
    "Our neighborhood is gated and code locked. The Day Estates subdivision is predominantly African American. No crime whatsoever happens behind our gates. We know each neighbor by name. It’s a small community, maybe 20 homes. The owner of the land lives in the neighborhood. The Day Estates should have a much higher property value than its given. "
    21
    Flag
  • Lisalou1227
    "I lived here for most of my life. I moved to Atlanta for 10 years and moved back here. All of the neighbors are connected and know each other very well. We look out for each other to help maintain a safe environment "
    27
    Flag
  • Markesha M.
    "Lived here in and off my whole life. I’ve never had any disruptions myself, but I know of many bad eggs that live in the area. There are also many retirees that cause no trouble at all."
    15
    Flag
  • Sherry W.
    "There isnt enough thing for the children to do around here need more affordable camps for summer time"
    4
    Flag
  • Kimberly
    "People enjoy walking their dog and enjoy the peaceful area and they have dog parks near by. a few of people walk their dog daily."
    0
    Flag
  • Trulia User
    "The community that I live in is a community of mostly older people, no parks, and no sidewalks which is very important. The Elementary school in the neighborhood has been closed."
    3
    Flag
  • Schanaquejohnson
    "I've been living in the same place for the last 24 yrs. We've raised 4 kids and grandkids here. The schools are close by in walking distance as well as shopping centers and local restaurants ."
    2
    Flag
  • Belinda B.
    "There are friendly families that lives around, parks, grocery stores, schools, community centers,gas stations and workshops "
    1
    Flag
  • Mrsknutso
    "Indian hills annual festival for kids and adults. There is food, games, m music and lots of fun and fellowship. "
    2
    Flag
  • Briharris52003
    "My neighbors are mixed in age , settled and millennials! Friendly area Historic sights.20min from everywhere! "
    0
    Flag

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Homes for sale near 1340 E Raines Rd

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Off Market Homes Near 1340 E Raines Rd

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Frequently asked questions about 1340 E Raines Rd

  • What is 1340 E Raines Rd estimated to be worth?
    Trulia's estimated value for 1340 E Raines Rd in Memphis, TN is $130,000.
  • What is the price history for 1340 E Raines Rd?
    1340 E Raines Rd in Memphis, TN last sold for $26,000 in April 2012.
  • Is Memphis a buyer's or seller's market?
    Memphis is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Memphis?
    The median sale price in Memphis is $115K. That is up $10K from the prior month.
  • Does 1340 E Raines Rd have air conditioning?
    Yes, 1340 E Raines Rd in Memphis, TN has air conditioning.
  • How big is the lot at 1340 E Raines Rd?
    The lot at 1340 E Raines Rd in Memphis, TN is about 0.25 acres (10,715 sq ft).