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

$132,000

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,464 sqft (on 0.25 acres)

1340 E Raines Rd, Memphis, TN 38116

Whitehaven
Est. Refi. Payment $906/mo*
Refinance Your Home
Currently Off Market - Sold Apr 25, 2012 for $26,000

Home Value

Trulia Estimate
$132K
Since last month
Decreased$1K (-1%)
Since last year
Decreased$3K (-2.1%)
Since last sale
Increased$102K (+393.8%)
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 +75% in the last 10 years
MonthEstimated value
2026
October 2026$128K
September 2026$130K
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
1401 Carol Dr, Memphis, TN
0.14
Single-Family Home
$145,000
09/30/26
3
2
1,198
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
1.5
1,141
1509 Carol Dr, Memphis, TN
0.33
Single-Family Home
$94,600
03/02/26
3
2
1,235
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
1311 Marlin Rd, Memphis, TN
0.14
Single-Family Home
$120,000
10/07/26
3
1
1,498

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
1332 E Raines Rd, Memphis, TN 38116
0.02
$163,400
3
2
1,789
Off Market
1350 E Raines Rd, Memphis, TN 38116
0.02
$168,200
3
2
1,445
Off Market
1341 Bonnie Dr, Memphis, TN 38116
0.03
$150,700
3
2
1,648
Off Market
1333 Bonnie Dr, Memphis, TN 38116
0.03
$142,000
3
2
1,274
Off Market
1349 Bonnie Dr, Memphis, TN 38116
0.03
$135,100
3
2
1,423
Off Market
1324 E Raines Rd, Memphis, TN 38116
0.03
$147,100
3
2
1,370
Off Market
1358 E Raines Rd, Memphis, TN 38116
0.03
$125,600
2
2
1,311
Off Market
1325 Bonnie Dr, Memphis, TN 38116
0.04
$187,000
3
2
2,384
Off Market
1357 Bonnie Dr, Memphis, TN 38116
0.04
$145,500
2
2
1,393
Off Market
1316 E Raines Rd, Memphis, TN 38116
0.05
$157,300
3
1.5
1,297
Off Market
1366 E Raines Rd, Memphis, TN 38116
0.05
$144,200
3
2
1,364
Off Market
1317 Bonnie Dr, Memphis, TN 38116
0.05
$150,200
2
2
1,673
Off Market
1367 Bonnie Dr, Memphis, TN 38116
0.05
$158,900
3
2
1,479
Off Market
1309 E Raines Rd #4, Memphis, TN 38116
0.06
-
2
1
950
Off Market
1309 E Raines Rd #2, Memphis, TN 38116
0.06
-
2
1
950
Off Market
1309 E Raines Rd #1, Memphis, TN 38116
0.06
-
2
1
950
Off Market
1309 E Raines Rd #3, Memphis, TN 38116
0.06
-
2
1
950
Off Market
1307 E Raines Rd, Memphis, TN 38116
0.06
-
-
-
-
Off Market
1342 Bonnie Dr, Memphis, TN 38116
0.06
$161,400
3
3
1,868
Off Market
1350 Bonnie Dr, Memphis, TN 38116
0.06
$115,700
3
2
1,190
Off Market

Local Information

  • Map ViewExplore the area around 1340 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 1956
0.25 acre lot
1,464 sqft
$90/sqft

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 Whitehaven, 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. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $132,000, with a rent estimate of $1,383/month.

Home Details for 1340 E Raines Rd

Interior Features

Levels, Entrance, & Accessibility
Stories: 1
Interior Details
Number of Rooms: 6
Heating & Cooling
Air ConditioningCooling System: Central
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 Memphis

Last updated September 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$151K
$3KMoM
Sale-to-List Price
97.8%
0.3%MoM
Price per sq ft
$109
$2MoM
Available listings
3107
79MoM
Sourced by Trulia Market Trends

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 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 $132,000.
  • 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 buyer's market, based on recent for-sale activity.
  • What's the median sale price in Memphis?
    The median sale price in Memphis is $151K. That is down $3K 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).

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