- Assessed Value: $68,925
- Assessed Year: 2025
- Assessed County: Shelby
- APN: 04-1029-0-0183
- Assessed Land Value: 7875
- Market Land Value: 31500
- Tax Amount: 1854.08
- Tax Year: 2025
- Market Value: 275700
- Market Year: 2025
1026 E Rainbow Dr; Memphis, TN Property Details
Off market
1026 E Rainbow Dr Memphis, TN 38107
$295,000 Listing Price
4 Beds
3 Baths
3,600 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1942
- Purchase Price: $295,000
- Open Loans: 1
- Gross Yield: 8.969%
- APN: 04-1029-0-0183
- Situs County: Shelby
- Length Of Ownership: 2 years, 7 months
Rooms
- Bedrooms: 4
- Bathrooms: 3
- Full Bathrooms: 3
- Total Rooms: 8
Structure
- Stories: 1.25
- Exterior Wall Type: Brick veneer
- Building Condition: Average
- Building Quality: D
- Roof Cover Type: Composition Shingle
Measurements
- Total: 3,600/SqFt
- Lot: 8,625/SqFt
- Gross: 3,684/SqFt
- Garage: 500/SqFt
- Living: 3,600/SqFt
- Building: 3,600/SqFt
- Ground: 1,908/SqFt
- Garage Unfinished: 500/SqFt
- Price Per Square Foot: $81.94
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: 35.165363 / -89.99392
- Subdivision: Colonial Terrance
- Property Class: Residential
- Zoning: R-6
- County Use Code: 062
Amenities
- Plus Four: 3110
- Bathroom Fixtures: 9
- Cooling: Central
- Fireplaces: 1
- Garage: Detached Garage
- Heating: Central
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
1026 E Rainbow Dr has no associated ownership info
1026 E Rainbow Dr has no associated ownership info.
Taxes
1026 E Rainbow Dr has 10 associated Taxes items
1026 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 $68,925. The APN we've located for 1026 E Rainbow Dr is 04-1029-0-0183.
Unlock the full reportTaxes
Tax History
1026 E Rainbow Dr has 11 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $68,925 | Land Value $7,875 | Improvement Value $61,050 | Tax Amount $1,854.08 | Change Rate +0.002157% | Assessed CR | Tax Rate +0.0269% |
| Year 2024 | Assessed Value $54,575 | Land Value $2,625 | Improvement Value $51,950 | Tax Amount $1,850.09 | Change Rate | Assessed CR | Tax Rate +0.0339% |
| Year 2023 | Assessed Value $54,575 | Land Value $2,625 | Improvement Value $51,950 | Tax Amount $1,850.09 | Change Rate -0.443498% | Assessed CR | Tax Rate +0.0339% |
| Year 2022 | Assessed Value $54,575 | Land Value $2,625 | Improvement Value $51,950 | Tax Amount $3,324.5 | Change Rate -0.011589% | Assessed CR | Tax Rate +0.060916% |
| Year 2021 | Assessed Value $54,575 | Land Value $2,625 | Improvement Value $51,950 | Tax Amount $3,363.48 | Change Rate +0.190979% | Assessed CR | Tax Rate +0.06163% |
| Year 2020 | Assessed Value $38,975 | Land Value $2,625 | Improvement Value $36,350 | Tax Amount $2,824.13 | Change Rate +1.267212% | Assessed CR | Tax Rate +0.07246% |
| Year 2019 | Assessed Value $38,975 | Land Value $2,625 | Improvement Value $36,350 | Tax Amount $1,245.64 | Change Rate | Assessed CR | Tax Rate +0.03196% |
| Year 2018 | Assessed Value $38,975 | Land Value $2,625 | Improvement Value $36,350 | Tax Amount $1,245.64 | Change Rate -0.023073% | Assessed CR | Tax Rate +0.03196% |
| Year 2017 | Assessed Value $38,975 | Land Value $2,625 | Improvement Value $36,350 | Tax Amount $1,275.06 | Change Rate +0.333396% | Assessed CR | Tax Rate +0.032715% |
| Year 2016 | Assessed Value $28,125 | Land Value | Improvement Value | Tax Amount $956.25 | Change Rate -0.221966% | Assessed CR | Tax Rate +0.034% |
| Year 2014 | Assessed Value $28,125 | Land Value | Improvement Value | Tax Amount $1,229.06 | Change Rate | Assessed CR | Tax Rate +0.0437% |