2987 Rainier Dr, Memphis, TN 38127 is a single family home that contains 1,351 sq ft and was built in 1960. It contains 4 bedrooms and 1.5 bathrooms. This home last sold for $86,332 in March 2026.
The Zestimate for this house is $148,900. The Rent Zestimate for this home is $1,191/mo.
Sold for $86,332
Street View
$86,332
2987 Rainier Dr, Memphis, TN 38127
4beds
1baths
1,351sqft
SingleFamily
Built in 1960
0.35 Acres Lot
$148,900 Zestimate®
$64/sqft
$1,191 Estimated rent
Home value
$148,900
$134,000 - $161,000
$1,191/mo
Zestimate® history
Owner options
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$1,191/mo
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$1,191/mo
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$434/mo
Est. payment
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$434/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 1.5
Heating
- Other
Cooling
- Central
Features
- Basement: Partially finished
- Has fireplace: Yes
Interior area
- Total interior livable area: 1,351 sqft
Property
Parking
- Parking features: Carport
Features
- Exterior features: Brick
Lot
- Size: 0.35 Acres
Details
- Parcel number: 07002300002
Construction
Type & style
- Home type: SingleFamily
Materials
- masonry
- Foundation: Crawl/Raised
- Roof: Composition
Condition
- Year built: 1960
Community & HOA
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $64/sqft
- Tax assessed value: $94,900
- Annual tax amount: $1,251
Price history
| Date | Event | Price |
|---|---|---|
| 3/12/2026 | Sold | $86,332$64/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,251 +28.7% | $23,725 +60.8% |
| 2024 | $971 +8.1% | $14,750 |
| 2023 | $899 | $14,750 |
| 2022 | -- | $14,750 |
| 2021 | -- | $14,750 +21.6% |
| 2020 | $388 | $12,125 |
| 2019 | $388 -21.1% | $12,125 |
| 2018 | $491 -45.1% | $12,125 |
| 2017 | $895 +118.4% | $12,125 +0.6% |
| 2016 | $410 -16.6% | $12,050 |
| 2014 | $491 | $12,050 |
| 2013 | -- | $12,050 -21.8% |
| 2012 | -- | $15,400 |
| 2011 | -- | $15,400 |
| 2010 | -- | $15,400 |
| 2009 | -- | $15,400 -11.9% |
| 2008 | -- | $17,475 |
| 2007 | -- | $17,475 |
| 2006 | -- | $17,475 |
| 2005 | -- | $17,475 +12% |
| 2004 | -- | $15,600 |
| 2003 | -- | $15,600 |
| 2002 | -- | $15,600 |
| 2001 | -- | $15,600 +14.7% |
| 2000 | -- | $13,600 |
Find assessor info on the county website
Neighborhood: Shelby Forest-Frayser
Nearby homes
- $86,2003 bd1 ba1.6k sqft3004 Manndale Dr, Memphis, TN 38127Off Market
- $90,0003 bd2 ba1.4k sqft2973 Rainier Dr, Memphis, TN 38127Sold

- $7,5000.28 Acres2998 Manndale Dr, Memphis, TN 38127Sold
- $7,5000.28 Acres2998 Mandale St #13, Memphis, TN 38127Sold

- $90,4003 bd1 ba1.3k sqft2988 Rainier Dr, Memphis, TN 38127Off Market
- $90,4003 bd1 ba1.6k sqft2990 Manndale Dr, Memphis, TN 38127Off Market
- $83,0003 bd1 ba1.3k sqft2980 Manndale Dr, Memphis, TN 38127Off Market
- $76,7003 bd1 ba1.3k sqft3004 Rainier Dr, Memphis, TN 38127Off Market
Nearby schools
GreatSchools rating
- 5/10Whitney ElementaryGrades: PK-5Distance: 0.4 mi
- 4/10Grandview Heights MiddleGrades: 6-8Distance: 1.7 mi
- 3/10Trezevant High SchoolGrades: 9-12Distance: 2.3 mi
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- Tennessee
- Shelby County
- Memphis
- 38127
- Shelby Forest-Frayser
- 2987 Rainier Dr
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