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408 e Raines Rd, Memphis, TN 38109

$161,000

Last sold date unavailable

  • 4

    bed

  • 3

    bath

  • 2,802

    Sqft ($86/Sqft)

House not for sale
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About 408 e Raines Rd

Property type House
Neighborhood
Year built 1960
HOA fee $0/month
Lot size 0.42 Acre
Movoto estimate
Rental estimate
Property description
This 4-bedroom, 3-bathroom single-family home is located at 408 e Raines Rd, Memphis, TN, 38109 in Shelby County and was built in 1960. This home offers 2,802 square feet of living space on a 18,513 sq ft lot. The estimated market value is $161,000, approximately $57 per square foot.
$161K
Range: $122K-$199K
Last 30 days 
Rental est.: $1,097/month
Gross rent multiplier: 18.3
  • Year Property taxes Tax assessment
  • 2024
    $2,789 +59.2%
    $42,350 +47.3%
  • 2023
    $1,751
    $28,750
  • 2022
    $1,751 -15.9%
    $28,750
  • 2021
    $2,082 +27.8%
    $28,750 +27.78%
  • 2020
    $1,629 +126.5%
    $22,500
  • 2019
    $719 -21.1%
    $22,500
  • 2018
    $911 -45.1%
    $22,500
  • 2017
    $1,661 +140.9%
    $22,500 +10.97%
  • 2016
    $689 -22.2%
    $20,275
  • 2014
    $886 -2.1%
    —
  • 2011
    $905
    —
  • 408 e Raines Rd
    $240K
  • Mc Kellar-Whitehaven-Levi PD
    $164K
  • 38109
    $95K -17% y/y
  • Memphis
    $168K -13% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
400 E Raines Rd, Memphis, TN 38109 $122,000 4/1 1,584 0.02
420 E Raines Rd, Memphis, TN 38109 $143,000 3/1 2,681 0.02
409 E Raines Rd, Memphis, TN 38109 $120,000 3/2 1,287 0.04
401 E Raines Rd, Memphis, TN 38109 $115,000 3/1 1,283 0.04
409 Sullivan Dr, Memphis, TN 38109 $83,000 3/1 1,007 0.05
391 E Raines Rd, Memphis, TN 38109 $123,000 3/2 1,347 0.05
401 Sullivan Dr, Memphis, TN 38109 $110,000 3/2 1,489 0.05
380 E Raines Rd, Memphis, TN 38109 $127,000 3/1 1,787 0.06

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.

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3/10
Westhaven Elementary School
public Grades PK, K-5
Shelby County Schools
4/10
A. Maceo Walker Middle School
public Grades 6-8
Shelby County Schools
2/10
Fairley High School
charter Grades 9-12
Achievement School District
Source: GreatSchools.org © 2026. All rights reserved.

Around Mc Kellar-Whitehaven-Levi PD

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