OFF MARKET
Google street view image for 1287 E Raines Rd, Memphis, TN 38116
Off Market Feb 2007 for $490K
—
Est. refi paymentEst. refi $2,953/mo
2
bd
•
1 ba
•
5,040
sq ft

1287 E Raines Rd, Memphis, TN 38116

map-entry

About this home

1287 E Raines Rd is a 5,040 square foot multi-family home on a 0.5 acre lot with 2 bedrooms and 1 bathroom. - it last sold on February 06, 2007 for $490,000.
Multi-familyProperty Type
1966Year Built
0.5 acresLot Size
$97Price/Sq.Ft.
Source:Public Records

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 38116, TN

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price
98.8%

+2.3% MoM

Median sale price
$142K

$10K MoM

Avg. days on market
32d

9 days MoM

Recently sold homes
41

2 MoM

New listings for sale

Provided by Redfin

Sale history for 1287 E Raines Rd

Tax history for 1287 E Raines Rd

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning and permits

RU-3

Residential Urban-3 District

Residential development in the RU-3 District allows a variety of housing types including single-family detached (conventional, side yard house, Cottage), single-family attached (semi-attached, two-family, townhouse), and multifamily (large home, stacked townhouse, apartment). New RU-3 districts are generally located in an infill or redevelopment location where similar lot sizes are part of the original fabric of development. Additionally, RU-3 districts should have a shared street network with and are generally located at least 500 ft from a CMU-1, CMU2, CMU-3, or CBD district or are within 500 ft of an arterial.
Permitted uses

Include but are not limited to:

  • Religious facility
  • Housing-Single unit
  • Housing-Multiple units
  • Housing-Senior
  • Infrastructure
  • Educational/school
  • Fire house
  • Police station
  • Recreation
  • Park & open space

Property details

Around this home

Schools

Robert R. Church Elementary School

Public PreK-5 • Assigned • 1.0mi

4/10
A. Maceo Walker Middle School

Public 6-8 • Assigned • 1.1mi

6/10
Hillcrest High School

Charter 9-12 • Assigned • 0.4mi

2/10
Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

6/10 Heat Factor

7 days above 109° expected this year, 21 days in 30 years

4/10 Wind Factor

16% chance of strong winds in next 30 years

2/10 Air Factor

2 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Memphis, TN • 38116
Average low and high temperatures (°F)
47
30
57
38
71
50
77
58
79
63
88
72
92
76
89
72
85
68
77
57
65
49
54
40
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

Sun exposure

In this area, properties receive around 10.6 hours in June and 4.8 hours in December, placing it above the U.S. average for solar exposure.

10.6 hrs
4.8 hrs
JuneDecember
Provided by Shadowmap

Is this your home?

Track this home’s value and nearby sales activity

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Home values near 1287 E Raines Rd

Data from public records.
AddressRedfin Estimate
3 Beds | 2 Baths | 1200 Sq. Ft.
$145,574
28 Beds | - Baths | - Sq. Ft.
—
AddressRedfin Estimate
3 Beds | 2.5 Baths | 2015 Sq. Ft.
$200,012
2 Beds | 1 Baths | 15336 Sq. Ft.
—
AddressRedfin Estimate
3 Beds | 1.5 Baths | 1488 Sq. Ft.
$153,729

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