3261 E Raines Rd, Memphis, TN 38118
OFF MARKET

3261 E Raines Rd
Memphis, TN 38118

Parkway Village-Oakhaven
  • 3 Beds
  • 3 Baths
  • 2,028 sqft (on 0.39 acres)

$145,900

Trulia Estimate
as of Aug 14, 2026
Est. Refi. Payment $945/mo*
Refinance Your Home

$145,900

Trulia Estimate
as of Aug 14, 2026
Est. Refi. Payment $945/mo*
Refinance Your Home
3 Beds
3 Baths
2,028 sqft
(on 0.39 acres)

Home Value

Trulia Estimate
$146K
Since last month
Decreased$9K (-5.7%)
Since last year
Decreased$14K (-8.7%)
Since last sale
Increased$70K (+93.3%)
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 +116% in the last 10 years
MonthEstimated value
2026
August 2026$145K
July 2026$152K
June 2026$154K
May 2026$157K
April 2026$152K
March 2026$146K
February 2026$148K
January 2026$150K
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
3221 E Raines Rd, Memphis, TN
0.07
Single-Family Home
$198,000
11/20/25
4
2.5
2,250
4062 Beauchamp Cv, Memphis, TN
0.17
Single-Family Home
$102,000
12/05/25
4
2
1,426
4034 Beauchamp Cv, Memphis, TN
0.21
Single-Family Home
$113,000
03/17/26
4
2
1,518
3195 Beauchamp Dr, Memphis, TN
0.26
Single-Family Home
$155,000
06/01/26
3
2
1,483
4245 Mackham Cv, Memphis, TN
0.36
Single-Family Home
$197,000
12/18/25
3
2.5
1,743
4215 Hillgate St, Memphis, TN
0.23
Single-Family Home
$160,000
10/06/25
3
2
1,416
4175 Hillgate St, Memphis, TN
0.13
Single-Family Home
$189,900
12/05/25
3
2
1,371
3171 Celt Cv, Memphis, TN
0.20
Single-Family Home
$214,900
04/16/26
4
2
1,455
3200 Mackham Ave, Memphis, TN
0.23
Single-Family Home
$180,000
10/10/25
4
2
2,373
4025 Bishops Bridge Rd, Memphis, TN
0.30
Single-Family Home
$160,000
11/13/25
3
2
1,399

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
3221 E Raines Rd, Memphis, TN 38118
0.07
$198,000
4
2.5
2,250
Recently Sold
4151 Tchulahoma Rd E, Memphis, TN 38118
0.13
-
-
-
-
Off Market
4175 Hillgate St, Memphis, TN 38118
0.13
$189,900
3
2
1,371
Recently Sold
4055 Tchulahoma Rd, Memphis, TN 38118
0.12
$175,600
4
2
-
Off Market
4062 Beauchamp Cv, Memphis, TN 38118
0.17
$102,000
4
2
1,426
Recently Sold
4079 Beauchamp Cv, Memphis, TN 38118
0.19
$178,200
4
2
-
Off Market
3171 Celt Cv, Memphis, TN 38118
0.20
$214,900
4
2
1,455
Recently Sold
3215 Queensgate Ave, Memphis, TN 38118
0.19
$124,500
5
2.5
2,294
For Sale
3172 Curzon Ave, Memphis, TN 38118
0.21
$164,800
3
2
1,557
Off Market
3200 Mackham Ave, Memphis, TN 38118
0.23
$177,700
4
2
2,373
Off Market
4215 Hillgate St, Memphis, TN 38118
0.23
$157,900
3
2
1,416
Off Market
3195 Beauchamp Dr, Memphis, TN 38118
0.26
$155,000
3
2
1,483
Recently Sold

Local Information

  • Map ViewExplore the area around 3261 E Raines Rd.
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1964
Lot Size
0.39 acres
Living Area
2,028 sqft
Price/Sqft
$72
Parking
Garage

About this House

This single-family home is located at 3261 E Raines Rd, Memphis, TN. 3261 E Raines Rd is in the Parkway Village-Oakhaven neighborhood in Memphis, TN and in ZIP code 38118. This property has 3 bedrooms, 3 bathrooms and approximately 2,028 sqft of floor space. This property has a lot size of 0.39 acres and was built in 1964.
3261 E Raines Rd, Memphis, TN 38118 is a 3 bedroom, 3 bathroom, 2,028 sqft single-family home in Parkway Village-Oakhaven, built in 1964. It last sold for $75,074 on Apr 18, 1991. It is currently off market. The Trulia Estimate is $145,900, with a rent estimate of $1,403/month.

Home Details for 3261 E Raines Rd

Interior Features

Heating & Cooling
Heating: OtherAir ConditioningCooling System: CentralHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 2
Interior Details
Number of Rooms: 7
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: CompositionExterior: BrickPatio
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1964
Property Type / Style
Property Type: Single Family HomeArchitecture: traditional

Community

Units in Building: 1

Lot Information

Lot Area: 0.39 acres

Price and Tax history

DateEventPrice
Apr 18, 1991
Source: N/A
Sold
$75,074

Market trends in Parkway Village-Oakhaven

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$130K
$904MoM
Sale-to-List Price
—
Price per sq ft
$93
$2MoM
Available listings
120
1MoM
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Around this home

Neighborhood Overview

Parkway Village-Oakhaven
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Parkway Village-Oakhaven

At least 205 Trulia users voted on each feature.

  • 86 % Say car is needed

  • 82 % Say yards are well-kept

  • 81 % Say there are sidewalks

  • 72 % Say parking is easy

  • 68 % Say kids play outside

  • 60 % Say streets are well-lit

  • 59 % Say there's holiday spirit

  • 49 % Say it's dog friendly

  • 47 % Say it's quiet

  • 43 % Say they plan to stay for at least 5 years

  • 42 % Say it's walkable to grocery stores

  • 40 % Say neighbors are friendly

  • 36 % Say there's wildlife

  • 33 % Say it's walkable to restaurants

  • 26 % Say people would walk alone at night

  • 24 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Timothy Mcneal
    "We are family-oriented and it is a pleasant area to raise a family and up keep is pretty good as well"
    0
    Flag
  • Doridan325
    "I believe they wouldn’t like other dog owners not be able to handle or train their dog properly. I also believe they will like friendly dog owners."
    1
    Flag
  • Trulia User
    "there aren't many great or awesome things about this area, not much uniquenessbut if you reference the gun shooting and fast cars on my street, it's still not unique. I don't like it here. I grew up in this city."
    5
    Flag
  • Trulia User
    "it has its good and bad areas. middle class and poverty all in one due to alot of rental properties. "
    3
    Flag
  • Chalese M.
    "I completed my teenage years in this neighborhood, the school was good and the neighborhood is really quiet."
    13
    Flag
  • Chrisndbritt
    "The neighbors and the up keep of our community,safety and always neatness and everyone wants to keep up there neighborhood."
    5
    Flag
  • Verlencia M.
    "Use to be a nice neighborhood. Lot’s of crime. Lot’s car break in and home break in’s. School’s are ok. "
    8
    Flag
  • Someone
    "No events happen around here. People pretty much keep to themselves. I barely even know my neighbors on my street and I’ve lived here for almost my whole life. "
    8
    Flag
  • Robert D.
    "The people make a community what it is. These people need to realize the value of what is and could be here. This neighborhood can be what it was before they got here."
    14
    Flag
  • Kimberly D.
    "I love parkway villiage best place to move ever. I been staying out here for years nice area to raise you children(s)"
    13
    Flag
  • By.grace.mwm
    "Parkway village is not a good place to live. There are gunshots daily. I was robbed by two guys at gun point working on my car in my own driveway!"
    4
    Flag
  • Garry W.
    "Violence and other issues with people police and unemployed people who have nothing to lose and uneducated people "
    6
    Flag
  • NB
    "The area that it’s in, It is by great schools, high school, middle schools and elementary schools which is ok"
    9
    Flag
  • Preciouspre1
    "People dogs get stolen over here so u have to keep an eye on your dog if u let it out in the front yard..................."
    1
    Flag
  • Demetriusdunlap1011
    "Mellow very laid back and peaceful really good reassurance that it’s a good area . Even the schools in the community is great "
    10
    Flag
  • Delandersr17
    "Nothing I've noticed in years, beside the Oakhaven High football home coming. A beauty shop named Divine Look use to have many events but it's moved, and the area has been pretty dull after that."
    3
    Flag
  • Regina Chalmers
    "This neighborhood is very quiet we have lived here for 3 yrs now and really love living in this area. Friendly neighborhood."
    11
    Flag
  • Delandersr17
    "Dogs are welcomed, and not many vicious type dogs from what I've observed in the area. Not many dog friendly accessible park nor pet stores nearby I don't really see much that a dog owner would like about the area."
    1
    Flag
  • T H.
    "This neighborhood is horrible, shootouts, everyday, drug dealers, lack of police presence, not a safe place for children. I would not recommend this area."
    1
    Flag
  • Antonio
    "it's not it's a lot of crime around here and violence and burglary and drug dealers around the childrens.They have shoot outs everyday and nights until you can't sleep. "
    95
    Flag
  • Richard P.
    "beware of gun fire. there are weapons discharged nightly, a drive-by happened 4 doors away. this is not a good area for families or children. "
    10
    Flag
  • Sheri W.
    "Greatest neighborhood ever in the 20 Years l lived here.Nice and peaceful place is important and size of the home is priceless, affordable and l know trulia will help me with finding the right home for me and my family "
    2
    Flag

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Homes for sale near 3261 E Raines Rd

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Off Market Homes Near 3261 E Raines Rd

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Frequently asked questions about 3261 E Raines Rd

  • What is 3261 E Raines Rd estimated to be worth?
    Trulia's estimated value for 3261 E Raines Rd in Memphis, TN is $145,900.
  • What is the price history for 3261 E Raines Rd?
    3261 E Raines Rd in Memphis, TN last sold for $75,074 in April 1991.
  • 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 $130K. That is down $904 from the prior month.
  • Does 3261 E Raines Rd have air conditioning?
    Yes, 3261 E Raines Rd in Memphis, TN has air conditioning.
  • How big is the lot at 3261 E Raines Rd?
    The lot at 3261 E Raines Rd in Memphis, TN is about 0.39 acres (17,031 sq ft).