Taxes
- Assessed Value: $68,400
- Assessed Year: 2025
- Assessed County: Shelby
- APN: 04-1029-0-0159
- Assessed Land Value: 7875
- Market Land Value: 31500
- Tax Amount: 1839.96
- Tax Year: 2025
- Market Value: 273600
- Market Year: 2025
1032 E Rainbow Dr; Memphis, TN Property Details
Off market
1032 E Rainbow Dr Memphis, TN 38107
$68,400 Estimated Value
2 Beds
2 Baths
2,890 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 2 / Multiple
- Owner Status: Multiple
- Year Built: 1942
- Purchase Price: $290,000
- Open Loans / Balance: 1 / $242,614
- Est. Equity / %: $60,386 / 19.93%
- Gross Yield: 9.39%
- APN: 04-1029-0-0159
- Situs County: Shelby
- Length Of Ownership: 1 year, 3 months
Rooms
- Bedrooms: 2
- Bathrooms: 2
- Full Bathrooms: 2
- Total Rooms: 7
Structure
- Stories: 1.75
- Exterior Wall Type: Brick veneer
- Building Condition: Average
- Building Quality: D
- Roof Type: Gable
- Roof Cover Type: Composition Shingle
Measurements
- Total: 2,890/SqFt
- Lot: 7,645/SqFt
- Gross: 3,178/SqFt
- Garage: 288/SqFt
- Living: 2,890/SqFt
- Building: 3,178/SqFt
- Ground: 1,445/SqFt
- Price Per Square Foot: $100.35
Legal Description
- Description: ES EAST RAINBOW DR
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: 35.16558 / -89.99391
- Subdivision: Colonial Terrace
- Property Class: Residential
- Zoning: R-6
- County Use Code: 062
Amenities
- Heating Fuel Type: Gas
- Plus Four: 3110
- Bathroom Fixtures: 6
- 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
1032 E Rainbow Dr has no associated ownership info
1032 E Rainbow Dr has no associated ownership info.
Taxes
1032 E Rainbow Dr has 10 associated Taxes items
1032 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 $68,400. The APN we've located for 1032 E Rainbow Dr is 04-1029-0-0159.
Unlock the full reportTax History
1032 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 $68,400 | Land Value $7,875 | Improvement Value $60,525 | Tax Amount $1,839.96 | Change Rate +0.887487% | Assessed CR | Tax Rate +0.0269% |
| Year 2024 | Assessed Value | Land Value | Improvement Value | Tax Amount $974.82 | Change Rate -0.315753% | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value $47,925 | Land Value $2,450 | Improvement Value $45,475 | Tax Amount $1,424.66 | Change Rate +0.117678% | Assessed CR | Tax Rate +0.029727% |
| Year 2022 | Assessed Value $47,925 | Land Value $2,450 | Improvement Value $45,475 | Tax Amount $1,274.66 | Change Rate -0.519656% | Assessed CR | Tax Rate +0.026597% |
| Year 2021 | Assessed Value $47,925 | Land Value $2,450 | Improvement Value $45,475 | Tax Amount $2,653.64 | Change Rate +0.22238% | Assessed CR | Tax Rate +0.055371% |
| Year 2020 | Assessed Value $34,100 | Land Value $2,450 | Improvement Value $31,650 | Tax Amount $2,170.88 | Change Rate +0.991962% | Assessed CR | Tax Rate +0.063662% |
| Year 2019 | Assessed Value $34,100 | Land Value $2,450 | Improvement Value $31,650 | Tax Amount $1,089.82 | Change Rate -0.000009% | Assessed CR | Tax Rate +0.03196% |
| Year 2018 | Assessed Value $34,100 | Land Value $2,450 | Improvement Value $31,650 | Tax Amount $1,089.83 | Change Rate -0.023082% | Assessed CR | Tax Rate +0.03196% |
| Year 2017 | Assessed Value $34,100 | Land Value $2,450 | Improvement Value $31,650 | Tax Amount $1,115.58 | Change Rate +0.205186% | Assessed CR | Tax Rate +0.032715% |
| Year 2016 | Assessed Value $27,225 | Land Value | Improvement Value | Tax Amount $925.65 | Change Rate -0.221966% | Assessed CR | Tax Rate +0.034% |
| Year 2014 | Assessed Value $27,225 | Land Value | Improvement Value | Tax Amount $1,189.73 | Change Rate +0.379253% | Assessed CR | Tax Rate +0.0437% |
| Year 2011 | Assessed Value | Land Value | Improvement Value | Tax Amount $862.59 | Change Rate | Assessed CR | Tax Rate |