371 E Raines Rd is a 1,488 square foot house on a 0.32 acre lot with 3 bedrooms and 1.5 bathrooms. - it last sold on November 12, 2024 for $84,200. Based on Redfin's Memphis data, we estimate the home's value is $146,070.
Single-familyProperty Type
1958Year Built
0.32 acresLot Size
$98Est. Price/Sq.Ft.
1 spaceParking
Source:Public Records
Redfin Estimate
$146,070
$62K since sold in November 2024$1,000 since October
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 33.2% higher than the average sale price ($110K) of 6 comparable homes.
Memphis Area Association of Realtors(R) MLS #2560832
Apr 30, 2004
Sold
$70,000
$47/sq ft
Feb 16, 2004
Listed
$75,000
$50/sq ft
Immaculate, well-maintained home, ready to move into. Sprinkler system. 3rd bedroom could be used as den if desired. UP TO 6% CLOSING PAID BY SELLER. Convenient to Memphis attractions.
Public Records
Jul 26, 1995
Sold
$52,000
$35/sq ft
Public Records
Feb 8, 1995
Sold
$39,157
$26/sq ft
Public Records
Oct 20, 1993
Sold
$56,424
$38/sq ft
Public Records
Nov 4, 1965
Sold
$12,500
$8/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,535 (+22.9%)
$4,625 + $32,300
$36,925
2024
$1,250 (+8.1%)
$4,625 + $24,500
$29,125
2023
$1,156
$3,350 + $15,625
$18,975
2022
$1,156 (−1.2%)
$3,350 + $15,625
$18,975
2021
$1,169 (−4.4%)
$3,350 + $15,625
$18,975
2020
$1,223
$3,350 + $15,625
$18,975
2019
$1,223
$3,350 + $13,525
$16,875
2018
$1,223 (+76.3%)
$3,350 + $13,525
$16,875
2017
$694 (−2.3%)
$3,350 + $13,525
$16,875
2016
$710
$3,350 + $13,525
$16,875
2014
$710
$3,350 + $12,900
$16,250
Tax history for 371 E Raines Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,535 (+22.9%)
$4,625 + $32,300
$36,925
2024
$1,250 (+8.1%)
$4,625 + $24,500
$29,125
2023
$1,156
$3,350 + $15,625
$18,975
2022
$1,156 (−1.2%)
$3,350 + $15,625
$18,975
2021
$1,169 (−4.4%)
$3,350 + $15,625
$18,975
2020
$1,223
$3,350 + $15,625
$18,975
2019
$1,223
$3,350 + $13,525
$16,875
2018
$1,223 (+76.3%)
$3,350 + $13,525
$16,875
2017
$694 (−2.3%)
$3,350 + $13,525
$16,875
2016
$710
$3,350 + $13,525
$16,875
2014
$710
$3,350 + $12,900
$16,250
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning and permits
Zoning
Permits
R-10
Residential Single-Family-10 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. 5 single-family residential districts are established-R-10 which are differentiated primarily on the basis of minimum lot area and setback requirements.; New R-10 districts are generally located at least 1,500 to 2,000 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
Oct 7, 2020 • Final
Residential mechanical
Install a new furnace, coil, and condenser.
HVAC
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Basement Information
Basement Type: Crawl-Space
Bathroom Information
# of Full Baths: 1
# of 1/2 Baths: 1
Heating & Cooling
Heating Fuel Type: Gas
Heating Type: Central
Room Information
# of Rooms: 6
Exterior
Exterior Information
Physical Condition: Average
Building Style Type: Traditional
Exterior Wall: Brick Veneer
Roof Covering Type: Composition Shingle
Roof Shape Type: Gable
Property Information
Subdivision Name: RAINES TERRACE RE
Living Sq. Ft: 1,488
Ground Floor Sq. Ft: 1,488
Building Sq. Ft: 1,488
# of Stories: 1
Stories Type: 1
Parking & Garage Information
Parking Type: Carport
Garage/Parking Sq. Ft: 220
Garage / Carport Type: Carport
Lot Information
# of Buildings: 1
Land Sq. Ft: 14,152
Legal Lot Number: 4
Municipality Name: MEMPHIS
Acres: 0.3249
Depth Footage: 136
Front Footage: 105
Zoning Code: R-10
County Use Description: SINGLE FAMILY
Financial
Assessor Information
Assessment Year: 2026
Public facts
Beds: 3
Baths: 1.5
Sq. Ft.: 1,488
Stories: 1.0
Lot Size: 0.32 acres
Style: Single Family Residential
Year Built: 1958
Year Renovated: 1991
County: Shelby County
APN: 076042 00001
Home facts updated by county records on Oct 22, 2026
Around this home
Schools
Westhaven Elementary School
Public PreK-5 • Assigned • 0.7mi
6/10
A. Maceo Walker Middle School
Public 6-8 • Assigned • 2.9mi
6/10
Fairley High School
Charter 9-12 • Assigned • 1.5mi
4/10
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
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 • 38109
Average low and high temperatures (°F)
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75
58
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39
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Feb
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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
Estimated sale price
$139,000 – $168,000
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