OFF MARKET
Google street view image for 3087 E Raines Rd, Memphis, TN 38118
Off market oct 2011 for $65K
$145,922
Est. refi paymentEst. refi $540/mo
3
bd
•
2 ba
•
1,594
sq ft

3087 E Raines Rd, Memphis, TN 38118

map-entry

About this home

3087 E Raines Rd is a 1,594 square foot house on a 10,430 square foot lot with 3 bedrooms and 2 bathrooms. - it last sold on October 17, 2011 for $65,000. Based on Redfin's Memphis data, we estimate the home's value is $145,922.
Single-familyProperty Type
1963Year Built
10,430 sq ftLot Size
$92Est. Price/Sq.Ft.
1 spaceParking
Source:Public Records

Redfin Estimate

$145,922
$81K since sold in October 2011$3,000 since September

This home's estimate is 3.1% higher than the average sale price ($142K) of 6 comparable homes.

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Earn from this home

Refinance
$0
Est. cash available

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Rent
$1,389/mo
Redfin rental estimate

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Market trends in 38118, TN

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price
97.1%

+1.1% MoM

Median sale price
$130K

$9K MoM

Avg. days on market
38d

0 days MoM

Recently sold homes
47

4 MoM

New listings for sale

Provided by Redfin

Sale history for 3087 E Raines Rd

Tax history for 3087 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

R-8

Residential Single-Family-8 District

The single-family residential districts are intended to accommodate one single-family detached principal dwelling unit per lot. These districts should be applied in areas where the land-use pattern is predominately single-family residential or where such a land use pattern is desired in the future. Five single-family residential districts are established-R-8 which are differentiated primarily on the basis of minimum lot area and setback requirements. New R-8 districts are generally located at least 1,000 to 1,500 ft from a CMU-1, CMU-2, CMU-3 or CBD district.
Permitted uses

Include but are not limited to:

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

Property details

Around this home

Schools

Oakhaven Elementary School

Public PreK-5 • Assigned • 0.7mi

6/10
Oakhaven Middle School

Public 6-8 • Assigned • 0.7mi

4/10
Oakhaven High School

Public 9-12 • Assigned • 0.7mi

5/10
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

3/10 Fire Factor

0.15% chance of being in a wildfire in next 30 years

6/10 Heat Factor

7 days above 108° expected this year, 19 days in 30 years

4/10 Wind Factor

18% 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 • 38118
Average low and high temperatures (°F)
48
30
58
38
72
50
78
58
79
63
89
72
92
77
90
72
88
68
78
57
66
49
55
40
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

Sun exposure

In this area, properties receive around 10.5 hours in June and 4.8 hours in December, placing it above the U.S. average for solar exposure.

10.5 hrs
4.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$139,000 – $168,000

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Nearby similar homes

$249,000
3 beds3 baths— sq ft
1586 E Raines Rd, Memphis, TN 38116
$69,900
2 beds1 bath— sq ft
3451 Birdsong Ferry Rd, Memphis, TN 38118
$149,900
4 beds2 baths— sq ft
1944 Croydon Ave, Memphis, TN 38116
$94,900
3 beds1 bath— sq ft
3433 Beech Grove Rd, Memphis, TN 38118
$89,000
3 beds1 bath— sq ft
4544 Sugar Creek Dr, Memphis, TN 38118
$140,000
4 beds1 bath— sq ft
2993 Phyllis Ln, Memphis, TN 38118

New listings for sale in 38118

$94,900
3 beds2 baths— sq ft
3133 Golden Oaks Cv, Memphis, TN 38118
$145,000
3 beds2 baths— sq ft
4813 Summerview Ave, Memphis, TN 38118
$174,000
3 beds1.5 baths— sq ft
2865 Danville St, Memphis, TN 38118
$105,000
3 beds1.5 baths— sq ft
3763 Clearbrook St, Memphis, TN 38118
$116,900
3 beds1 bath— sq ft
3127 Knightway Rd, Memphis, TN 38118
$109,900
3 beds2 baths— sq ft
3479 Pine Ridge Ln, Memphis, TN 38118

Home values near 3087 E Raines Rd

Data from public records.

More real estate resources

Parkway Village homes for sale
Oakhaven homes for sale
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