5542 E  Raines Rd, Memphis, TN 38115
OFF MARKET

$612,700

Trulia Estimate
  • Studio
  • 15,504 sqft

5542 E Raines Rd, Memphis, TN 38115

Hickory Ridge-South Riverdale
Est. Refi. Payment $3,823/mo*
Refinance Your Home
Currently Off Market - Sold Feb 22, 2010 for $500,000

Home Value

Trulia Estimate
$613K
Since last month
Increased$28K (+4.8%)
Since last year
Decreased$59K (-8.8%)
Since last sale
Increased$113K (+22.5%)
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 decreased by -7% in the last 10 years
MonthEstimated value
2026
August 2026$613K
August 2026$607K
July 2026$585K
June 2026$643K
May 2026$615K
April 2026$640K
March 2026$670K
February 2026$665K
January 2026$702K
2025
2024
2023

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
0.46
Single-Family Home
$205,000
11/03/25
3
2
1,211
0.53
Single-Family Home
$169,000
11/12/25
2
2
1,265
0.66
Single-Family Home
$200,000
10/24/25
4
2
1,744
0.47
Single-Family Home
$170,000
11/21/25
3
2
1,385
0.47
Single-Family Home
$165,000
07/13/26
3
2
1,410
0.57
Single-Family Home
$120,000
09/01/26
3
2
1,559
0.50
Single-Family Home
$88,020
05/21/26
3
2
1,520
0.51
Single-Family Home
$100,000
02/27/26
3
2
1,142
0.56
Single-Family Home
$105,000
10/24/25
4
2
1,388
0.63
Single-Family Home
$126,500
10/30/25
3
2
1,130

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
0.37
$191,500
3
2
1,500
Off Market
0.41
$173,900
3
2
1,251
Off Market
0.43
$182,300
3
2
1,600
Off Market
0.47
$170,000
3
2
1,385
Recently Sold
0.46
$205,400
3
2
1,211
Off Market
0.47
$198,900
3
2
1,342
Off Market
0.47
$165,000
3
2
1,410
Recently Sold
0.49
$208,600
3
2
1,925
Off Market
0.49
$136,000
3
2
1,423
Off Market
0.53
$169,300
2
2
1,265
Off Market
0.54
$112,000
3
2
1,579
Recently Sold
0.51
$100,000
3
2
1,142
Recently Sold

Local Information

  • Map ViewExplore the area around 5542 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 2006
15,504 sqft
$40/sqft

About this House

This single-family home is located at 5542 E Raines Rd, Memphis, TN. 5542 E Raines Rd is in the Hickory Ridge-South Riverdale neighborhood in Memphis, TN and in ZIP code 38115. This property has approximately 15,504 sqft of floor space. This property has a lot size of 827 sqft and was built in 2006.
5542 E Raines Rd, Memphis, TN 38115 is a studio, 15,504 sqft single-family home in Hickory Ridge-South Riverdale, built in 2006. It last sold for $500,000 on Feb 22, 2010. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $612,700.

Home Details for 5542 E Raines Rd

Interior Features

Levels, Entrance, & Accessibility
Stories: 2
Heating & Cooling
Air ConditioningCooling System: Central

Property Information

Year Built
Year Built: 2006
Property Type / Style
Property Type: Single Family Home

Exterior Features

Exterior Home Features
Exterior: Metal

Community

Units in Building: 2

Lot Information

Lot Area: 827 sqft

Price and Tax history

DateEventPrice
Feb 22, 2010
Source: N/A
Sold
$500,000
Feb 22, 2002
Source: N/A
Sold
$65,000

Market trends in Hickory Ridge-South Riverdale

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$172K
$1.15K
MoM
Sale-to-List Price
โ€”
Price per sq ft
$108
$2
MoM
Available listings
120
6
MoM

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Hickory Ridge-South Riverdale

At least 330 Trulia users voted on each feature.
  • 84 % Say car is needed

  • 82 % Say yards are well-kept

  • 81 % Say there are sidewalks

  • 76 % Say parking is easy

  • 65 % Say there's holiday spirit

  • 63 % Say streets are well-lit

  • 56 % Say kids play outside

  • 55 % Say it's dog friendly

  • 53 % Say it's quiet

  • 47 % Say they plan to stay for at least 5 years

  • 38 % Say it's walkable to grocery stores

  • 37 % Say neighbors are friendly

  • 36 % Say it's walkable to restaurants

  • 26 % Say people would walk alone at night

  • 25 % Say there's wildlife

  • 13 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Williebradberry
    "Minding your own business is the best thing you can do! Memphis in MAY is one events only thing I dislike is when Memphis does have events I donโ€™t feel they are well announced. "
  • Meathead4eva
    "Good neighborhood I feel comfortable living in I also have a friend girl that lives in that area I think itโ€™s a nice house and it has the amount of bedrooms that Iโ€™m looking for "
  • Trulia User
    "peaceful, nice, safe, pleasant, and quiet looking. plenty of shopping nearby both driving and walking distance which is a plus for sure."
  • Romitchus M.
    "it's alright it could be better. All the stores moving far out. The driving is very bad. And it's always somebody shooting. "
  • Selina V.
    "Trustworthy nieghborhood and that there are great schools near by.Safe enviroment and Kind nieghborhood."
  • Marshay S.
    "It's quick to get to everything wonderful travel area. Do distant from schools and get shopping. Low crime than other inner city areas "
  • Satin N.
    "Itโ€™s nice here and you get a great living environment over here in this area of town. So I would recommend this area for anyone of my friends."
  • Darrius G.
    "They would like the fact that there are others dogs within the community, majority owned. They wonโ€™t like that there are numerous stray cats if they have a dog that loves to chase randomly. Especially if they have a dog whoโ€™s capable of jumping fences. "
  • Janisepettigrew
    "Lived here for 4 years. Great place. Pretty quiet for the most part. Kid friendly neighborhood. Very peaceful "
  • Cmg09rogers87
    "Safe place to let your kids play and be apart of activities around the area. Great food places. Kind people and no crime "
  • Rod N.
    "there are many other families around here with well kept lawns and houses are nice as well shopping and food ๐Ÿ‘ ๐Ÿ˜‹"
  • Nantahalaconcerto
    "Iโ€™hv lived here since I was born Iโ€™m still young but I like the way the neighborhood is peaceful and every home is humble you donโ€™t feel left out because everyone is similar to you people are friendly and itโ€™s overall an ok place to live not to much to talk down on. ;)"
  • Trulia User
    "There is a lot of parks in the area where children can play but there also some not very popular areas as well. "
  • Neighborfamily
    "The neighborhood is stable and the majority of the neighbors keep their property very well kept and that makes the drive home very nice. My neighbors look out for each other too. Big difference!"
  • Roselyn M.
    "This neighborhood is quiet yet active. People are friendly. Easy access to bus lines and downtown midtown, 385 and I40.,"
  • Mslty
    "Iโ€™ve lived here for 10 years Kid friendly Quite Good neighbors Pet friendly Near several schools Not far from the warehouse district"
  • Romitchus M.
    "it's alright neighborhood. Been here over 4 years now. I haven't had any problems. I'm trying to find a house."
  • Taelessia T.
    "I lived in this neighborhood for 4 years and hated it. It is not safe nor is it the most friendly. Way to many break-ins, shoot outs. Not the type of neighborhood I would want my children to grow up in itโ€™s not very safe."
  • Mslty
    "Good place to purchase a starter home. Lots of children in the neighborhood. Family-friendly place to live"
  • Mslty
    "๐ŸŒ Great place to raise a family. Prices of homes are good. Lots of churches available in the neighborhood."
  • Erica H.
    "I donโ€™t know anyone I donโ€™t go outside I just work and go home. But everyone where I leave stay to there self too"
  • Mslty
    "Great area for a first home,kid friendly and close to the express way and major streets. Near the Warehouse district. "
  • Unknown
    "We do trick or treat here in Halloween. Few neighbors have gatherings. Children walk home from Kirby High and Hickory Hill Middle. Sadly so, gunshots fire, so get inside at night. Overall, it tends to be quiet."
  • Sharon
    "Nothing. The neighbors aren't friendly especially if you are renting. Not very family oriented either, seem to be more concerned about minor car repair than gun shots and car break instead."
  • Tawanda T.
    "Needs better public transportation on the county line. More restaurants. shopping is good here. Offset crime before it get out of hand."
  • Rita G.
    "They would like that a lot of people on this area have pets They probably won't like the facts, that there aren't any walking trails. "
  • aleshica
    "Home to 3 popular mega churches with well known Pastors. Good teaching. You can hear 2 of them on the radio. "
  • Jonesair
    "once in a wile people walk with and without pets low to moderate crime very helpful neighbors no real good resteraunts in walking distance"
  • Martinterry06
    "Very convenient, all types of stores and restaurants within a five minute drive. Law enforcement has a heAvy presence in this area. "
  • Susan
    "dogs are walked on leashes and not roaming the neighborhood. there are no aggressive dogs in this neighborhood. "
  • Dee W.
    "Quiet and very reserved. Clean and also neighbors all respectable of every ones privacy! I would recommend family and friends to live in area."

LGBTQ Local Legal Protections

Frequently asked questions about 5542 E Raines Rd

  • What is 5542 E Raines Rd estimated to be worth?
    Trulia's estimated value for 5542 E Raines Rd in Memphis, TN is $612,700.
  • What is the price history for 5542 E Raines Rd?
    5542 E Raines Rd in Memphis, TN last sold for $500,000 in February 2010.
  • Is Memphis a buyer's or seller's market?
    Memphis is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Memphis?
    The median sale price in Memphis is $172K. That is up $1.15K from the prior month.
  • Does 5542 E Raines Rd have air conditioning?
    Yes, 5542 E Raines Rd in Memphis, TN has air conditioning.
  • How big is the lot at 5542 E Raines Rd?
    The lot at 5542 E Raines Rd in Memphis, TN is about 0.02 acres (827 sq ft).

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