Taxes
- Assessed Value: $71,425
- Assessed Year: 2025
- Assessed County: Shelby
- APN: 04-1029-0-0160
- Assessed Land Value: 7875
- Market Land Value: 31500
- Tax Amount: 1921.33
- Tax Year: 2025
- Market Value: 285700
- Market Year: 2025
1038 E Rainbow Dr; Memphis, TN Property Details
Off market
1038 N Rainbow Dr Memphis, TN 38107
$295,000 Listing Price
4 Beds
2 Baths
2,696 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 2 / Related
- Owner Status: Related
- Year Built: 1940
- Purchase Price: $295,000
- Open Loans / Balance: 1 / $289,656
- Est. Equity / %: $5,344 / 1.81%
- Gross Yield: 10.133%
- APN: 04-1029-0-0160
- Situs County: Shelby
- Length Of Ownership: 4 months
Rooms
- Bedrooms: 4
- Bathrooms: 2
- Full Bathrooms: 2
- Total Rooms: 8
Structure
- Stories: 1.5
- Exterior Wall Type: Brick veneer
- Building Condition: Average
- Building Quality: D
- Roof Type: Gable
- Roof Cover Type: Composition Shingle
- Deck: true
Measurements
- Total: 2,696/SqFt
- Lot: 11,545/SqFt
- Gross: 2,896/SqFt
- Garage: 200/SqFt
- Living: 2,696/SqFt
- Building: 2,896/SqFt
- Ground: 1,548/SqFt
- Price Per Square Foot: $109.42
Legal Description
- Description: PT 96 GREENBRIER S/D NE SIDE 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: 35.165794 / -89.99396
- Subdivision: Colonial Terrace
- Property Class: Residential
- Zoning: R-6
- County Use Code: 062
Amenities
- Heating Fuel Type: Gas
- 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
1038 N Rainbow Dr has no associated ownership info
1038 N Rainbow Dr has no associated ownership info.
Taxes
1038 N Rainbow Dr has 10 associated Taxes items
1038 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 $71,425. The APN we've located for 1038 E Rainbow Dr is 04-1029-0-0160.
Unlock the full reportTax History
1038 N 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 $71,425 | Land Value $7,875 | Improvement Value $63,550 | Tax Amount $1,921.33 | Change Rate -0.004368% | Assessed CR | Tax Rate +0.0269% |
| Year 2024 | Assessed Value $56,925 | Land Value $2,075 | Improvement Value $54,850 | Tax Amount $1,929.76 | Change Rate | Assessed CR | Tax Rate +0.0339% |
| Year 2023 | Assessed Value $56,925 | Land Value $2,075 | Improvement Value $54,850 | Tax Amount $1,929.76 | Change Rate -0.4435% | Assessed CR | Tax Rate +0.0339% |
| Year 2022 | Assessed Value $56,925 | Land Value $2,075 | Improvement Value $54,850 | Tax Amount $3,467.67 | Change Rate +0.295696% | Assessed CR | Tax Rate +0.060916% |
| Year 2021 | Assessed Value $43,425 | Land Value $2,075 | Improvement Value $41,350 | Tax Amount $2,676.3 | Change Rate +0.196267% | Assessed CR | Tax Rate +0.06163% |
| Year 2020 | Assessed Value $30,875 | Land Value $2,075 | Improvement Value $28,800 | Tax Amount $2,237.21 | Change Rate +1.267205% | Assessed CR | Tax Rate +0.07246% |
| Year 2019 | Assessed Value $30,875 | Land Value $2,075 | Improvement Value $28,800 | Tax Amount $986.77 | Change Rate | Assessed CR | Tax Rate +0.03196% |
| Year 2018 | Assessed Value $30,875 | Land Value $2,075 | Improvement Value $28,800 | Tax Amount $986.77 | Change Rate -0.023068% | Assessed CR | Tax Rate +0.03196% |
| Year 2017 | Assessed Value $30,875 | Land Value $2,075 | Improvement Value $28,800 | Tax Amount $1,010.07 | Change Rate +0.206428% | Assessed CR | Tax Rate +0.032715% |
| Year 2016 | Assessed Value $24,625 | Land Value | Improvement Value | Tax Amount $837.24 | Change Rate -0.221975% | Assessed CR | Tax Rate +0.034% |
| Year 2014 | Assessed Value $24,625 | Land Value | Improvement Value | Tax Amount $1,076.11 | Change Rate +0.341766% | Assessed CR | Tax Rate +0.0437% |
| Year 2011 | Assessed Value | Land Value | Improvement Value | Tax Amount $802.01 | Change Rate | Assessed CR | Tax Rate |