Taxes
- Assessed Value: $46,225
- Assessed Year: 2025
- Assessed County: Shelby
- APN: 04-1027-0-0001
- Assessed Land Value: 7875
- Market Land Value: 31500
- Tax Amount: 1243.45
- Tax Year: 2025
- Market Value: 184900
- Market Year: 2025
1855 N Rainbow Dr; Memphis, TN Property Details
Off market
1855 N Rainbow Dr Memphis, TN 38107
$46,225 Estimated Value
2 Beds
2 Baths
1,868 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1942
- Purchase Price: $140,500
- Open Loans / Balance: 1 / $82,286
- Est. Equity / %: $171,714 / 67.6%
- Gross Yield: 10.431%
- APN: 04-1027-0-0001
- Situs County: Shelby
- Length Of Ownership: 19 years, 5 months
Rooms
- Bedrooms: 2
- Bathrooms: 2
- Full Bathrooms: 2
- Total Rooms: 7
Structure
- Stories: 1.75
- Exterior Wall Type: Other
- Building Condition: Average
- Building Quality: D
- Roof Type: Gable
- Roof Cover Type: Composition Shingle
Measurements
- Total: 1,868/SqFt
- Lot: 8,750/SqFt
- Gross: 2,248/SqFt
- Garage: 380/SqFt
- Living: 1,868/SqFt
- Building: 2,248/SqFt
- Ground: 1,088/SqFt
- Price Per Square Foot: $75.21
Legal Description
- Description: SSN RAINBOW DR COR MCLEAN SE
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: 35.165512 / -89.99538
- Subdivision: Colonial Terrace
- Property Class: Residential
- Zoning: R-6
- County Use Code: 062
Amenities
- Heating Fuel Type: Gas
- Plus Four: 3112
- 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
1855 N Rainbow Dr has no associated ownership info
1855 N Rainbow Dr has no associated ownership info.
Taxes
1855 N Rainbow Dr has 10 associated Taxes items
1855 N 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 $46,225. The APN we've located for 1855 N Rainbow Dr is 04-1027-0-0001.
Unlock the full reportTax History
1855 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 $46,225 | Land Value $7,875 | Improvement Value $38,350 | Tax Amount $1,243.45 | Change Rate +0.002184% | Assessed CR | Tax Rate +0.0269% |
| Year 2024 | Assessed Value $36,600 | Land Value $2,650 | Improvement Value $33,950 | Tax Amount $1,240.74 | Change Rate | Assessed CR | Tax Rate +0.0339% |
| Year 2023 | Assessed Value $36,600 | Land Value $2,650 | Improvement Value $33,950 | Tax Amount $1,240.74 | Change Rate -0.4435% | Assessed CR | Tax Rate +0.0339% |
| Year 2022 | Assessed Value $36,600 | Land Value $2,650 | Improvement Value $33,950 | Tax Amount $2,229.54 | Change Rate -0.011584% | Assessed CR | Tax Rate +0.060916% |
| Year 2021 | Assessed Value $36,600 | Land Value $2,650 | Improvement Value $33,950 | Tax Amount $2,255.67 | Change Rate +0.184769% | Assessed CR | Tax Rate +0.06163% |
| Year 2020 | Assessed Value $26,275 | Land Value $2,650 | Improvement Value $23,625 | Tax Amount $1,903.89 | Change Rate +1.26721% | Assessed CR | Tax Rate +0.07246% |
| Year 2019 | Assessed Value $26,275 | Land Value $2,650 | Improvement Value $23,625 | Tax Amount $839.75 | Change Rate -0.000012% | Assessed CR | Tax Rate +0.03196% |
| Year 2018 | Assessed Value $26,275 | Land Value $2,650 | Improvement Value $23,625 | Tax Amount $839.76 | Change Rate -0.023058% | Assessed CR | Tax Rate +0.03196% |
| Year 2017 | Assessed Value $26,275 | Land Value $2,650 | Improvement Value $23,625 | Tax Amount $859.58 | Change Rate +0.193944% | Assessed CR | Tax Rate +0.032715% |
| Year 2016 | Assessed Value $21,175 | Land Value | Improvement Value | Tax Amount $719.95 | Change Rate -0.22197% | Assessed CR | Tax Rate +0.034% |
| Year 2014 | Assessed Value $21,175 | Land Value | Improvement Value | Tax Amount $925.35 | Change Rate -0.158903% | Assessed CR | Tax Rate +0.0437% |
| Year 2011 | Assessed Value | Land Value | Improvement Value | Tax Amount $1,100.17 | Change Rate | Assessed CR | Tax Rate |