Last Sold Price
127,136 sqft$45/sqft
3966 E Raines Rd, Memphis, TN 38118

Property Details for 3966 East Raines Road

Status
MLS #
-
Days on Market
-
Taxes
-
HOA Fees
-
Condo/Co-op Fees
-
Property Type
-
MLS Type
Sale / Industrial / MISCELLANEOUS
Year Built
1991
Lot Size
7.67 AC / 334,105 SF

Recent comparable sales

Median sold price

$6,328,756

Memphis, TN

9 comparable properties found

1

$3,850,000

Sold 06/15/26

Unavailable
Bedrooms
Unavailable
Bathrooms
134,090
Square Feet
10.13
Acres
2

$12,825,000

Sold 08/15/25

Unavailable
Bedrooms
Unavailable
Bathrooms
124,035
Square Feet
15.68
Acres
3

$6,328,756

Sold 04/08/26

Unavailable
Bedrooms
Unavailable
Bathrooms
200,450
Square Feet
9.63
Acres
4

$4,050,000

Sold 07/31/26

Unavailable
Bedrooms
Unavailable
Bathrooms
112,524
Square Feet
6.2
Acres
5

$6,550,000

Sold 02/09/26

Unavailable
Bedrooms
Unavailable
Bathrooms
184,990
Square Feet
6.11
Acres
6

$6,554,250

Sold 06/10/25

Unavailable
Bedrooms
Unavailable
Bathrooms
130,593
Square Feet
6.27
Acres
7

$8,434,340

Sold 04/06/26

Unavailable
Bedrooms
Unavailable
Bathrooms
116,813
Square Feet
5.85
Acres
8

$1,500,000

Sold 05/02/25

Unavailable
Bedrooms
Unavailable
Bathrooms
101,352
Square Feet
9.87
Acres
9

$6,000,000

Sold 01/15/26

Unavailable
Bedrooms
Unavailable
Bathrooms
53,132
Square Feet
10
Acres

Location

Add your commute

Building Information for 3966 East Raines Road

Stories1Residences-Year Built1991Lot Size7.67 AC / 334,105 SF

Payment Calculator

$35,729 per month

30 year fixed, 6.55% Interest

Principal and Interest

$29,003

Property Taxes

$6,726

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property History for 3966 East Raines Road

DateEvent & SourcePriceAppreciation
Jun 21, 2022

Sold (Public Record)

Public Record #1494412310

$5,706,000

+19.0% / yr

Oct 9, 2014

Sold (Public Record)

Public Record #466480281

$1,500,000
DateEvent & SourcePrice
06/21/2022

Sold (Public Record)

Public Record #1494412310

$5,706,000

+19.0% / yr

10/09/2014

Sold (Public Record)

Public Record #466480281

$1,500,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 3966 East Raines Road

Taxable ValueLand$119,840Additions$1,105,760Total$1,225,600
Tax Record2024$80,711 ($6,726 / month)
Home Facts
Total Finished SqFt127,136 SqFtAbove Grade Finished SqFt127,136 SqFtStories1Lot Size334,105 SqFtStyleMiscellaneous IndustrialYear Built1991ZoningEMPCountySHELBYAPN074-101- - -00037Fireplace TypeHas Fireplace

Schools near 3966 East Raines Road

This home is within Shelby County Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Charter - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Cromwell Elementary School
PublicPK to 5

Wooddale Middle School
Charter6 to 8

Wooddale High School
Public9 to 12

Compass Community School Frayser Campus
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 3966 East Raines Road, Memphis, TN 38118
$5,706,000
127,136
334,105
$5,095,000
97,640
445,096
139,392
181,209
594,768
61,824
246,985
239,232

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Services of MAAR, Reelfoot Regional AOR and Central West Tennessee Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Compass are identified with the MAAR, Reelfoot Regional AOR and Central West Tennessee Association of Realtors logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by MAAR, Reelfoot Regional AOR and Central West Tennessee Association of Realtors. Listing information Copyright© 2026 MLS of MAAR, Reelfoot Regional AOR and Central West Tennessee Association of Realtors, Inc. All Rights Reserved.