- Assessed Value: $61,175
- Assessed Year: 2025
- Assessed County: Shelby
- APN: 04-1029-0-0184
- Assessed Land Value: 7875
- Market Land Value: 31500
- Tax Amount: 1645.61
- Tax Year: 2025
- Market Value: 244700
- Market Year: 2025
1020 E Rainbow Dr; Memphis, TN Property Details
Off market
1020 E Rainbow Dr Memphis, TN 38107
$61,175 Estimated Value
3 Beds
2.5 Baths
2,050 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 2005
- Purchase Price: $149,000
- Est. Equity / %: $292,000 / 100%
- Gross Yield: 8.564%
- APN: 04-1029-0-0184
- Situs County: Shelby
- Length Of Ownership: 16 years, 8 months
Rooms
- Bedrooms: 3
- Bathrooms: 2.5
- Full Bathrooms: 2
- Total Rooms: 5
- Partial Bathrooms: 1
Structure
- Stories: 1.5
- Exterior Wall Type: Brick veneer
- Building Condition: Average
- Building Quality: A
Measurements
- Total: 2,050/SqFt
- Lot: 6,975/SqFt
- Gross: 2,326/SqFt
- Garage: 276/SqFt
- Living: 2,050/SqFt
- Building: 2,326/SqFt
- Ground: 1,090/SqFt
- Price Per Square Foot: $72.68
Legal Description
- Description: ES RAINBOW DR E
Building Insights
Land Information
- Property Type: Single Family
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Shelby County School District
- Lat / Lon: 35.165176 / -89.99395
- Subdivision: Colonial Terrance
- Property Class: Residential
- Zoning: R-6
- County Use Code: 062
Amenities
- Heating Fuel Type: Gas
- Plus Four: 3110
- Bathroom Fixtures: 10
- Cooling: Central
- Fireplaces: 1
- Garage: Attached Garage
- Heating: Central
- Parking: 1
HOA
- H O A One: $25
- H O A Amount: $25
- H O A One Name: Colonnial Terrace Association
- H O A One Type: Home Owner Association
Ownership Info
1020 E Rainbow Dr has no associated ownership info
1020 E Rainbow Dr has no associated ownership info.
Taxes
1020 E Rainbow Dr has 10 associated Taxes items
1020 E Rainbow Dr, Memphis, TN pays taxes in Shelby County, TN. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $61,175. The APN we've located for 1020 E Rainbow Dr is 04-1029-0-0184.
Unlock the full reportTaxes
Tax History
1020 E Rainbow Dr has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $61,175 | Land Value $7,875 | Improvement Value $53,300 | Tax Amount $1,645.61 | Change Rate -0.078007% | Assessed CR | Tax Rate +0.0269% |
| Year 2024 | Assessed Value $52,650 | Land Value $2,350 | Improvement Value $50,300 | Tax Amount $1,784.84 | Change Rate | Assessed CR | Tax Rate +0.0339% |
| Year 2023 | Assessed Value $52,650 | Land Value $2,350 | Improvement Value $50,300 | Tax Amount $1,784.84 | Change Rate -0.443498% | Assessed CR | Tax Rate +0.0339% |
| Year 2022 | Assessed Value $52,650 | Land Value $2,350 | Improvement Value $50,300 | Tax Amount $3,207.25 | Change Rate -0.116842% | Assessed CR | Tax Rate +0.060916% |
| Year 2021 | Assessed Value $58,925 | Land Value $2,350 | Improvement Value $56,575 | Tax Amount $3,631.57 | Change Rate +0.137111% | Assessed CR | Tax Rate +0.06163% |
| Year 2020 | Assessed Value $44,075 | Land Value $2,350 | Improvement Value $41,725 | Tax Amount $3,193.68 | Change Rate +1.267192% | Assessed CR | Tax Rate +0.07246% |
| Year 2019 | Assessed Value $44,075 | Land Value $2,350 | Improvement Value $41,725 | Tax Amount $1,408.65 | Change Rate +0.000007% | Assessed CR | Tax Rate +0.03196% |
| Year 2018 | Assessed Value $44,075 | Land Value $2,350 | Improvement Value $41,725 | Tax Amount $1,408.64 | Change Rate -0.023074% | Assessed CR | Tax Rate +0.03196% |
| Year 2017 | Assessed Value $44,075 | Land Value $2,350 | Improvement Value $41,725 | Tax Amount $1,441.91 | Change Rate +0.11237% | Assessed CR | Tax Rate +0.032715% |
| Year 2016 | Assessed Value $38,125 | Land Value | Improvement Value | Tax Amount $1,296.25 | Change Rate -0.221967% | Assessed CR | Tax Rate +0.034% |
| Year 2014 | Assessed Value $38,125 | Land Value | Improvement Value | Tax Amount $1,666.06 | Change Rate +0.302077% | Assessed CR | Tax Rate +0.0437% |
| Year 2011 | Assessed Value | Land Value | Improvement Value | Tax Amount $1,279.54 | Change Rate | Assessed CR | Tax Rate |