Taxes
- Assessed Value: $47,350
- Assessed Year: 2025
- Assessed County: Shelby
- APN: 04-1029-0-0142
- Assessed Land Value: 7875
- Market Land Value: 31500
- Tax Amount: 1273.72
- Tax Year: 2025
- Market Value: 189400
- Market Year: 2025
1855 S Rainbow Dr; Memphis, TN Property Details
Off market
1855 S Rainbow Dr Memphis, TN 38107
$47,350 Estimated Value
3 Beds
2.5 Baths
2,232 SqFt
Property Type
Single FamilyProperty Details
Summary
- Owners / Type: 2 / Trust
- Owner Status: Trust
- Year Built: 1940
- Est. Equity / %: $281,000 / 100%
- Gross Yield: 6.717%
- APN: 04-1029-0-0142
- Situs County: Shelby
Rooms
- Bedrooms: 3
- Bathrooms: 2.5
- Full Bathrooms: 2
- Total Rooms: 8
- Partial Bathrooms: 1
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: 2,232/SqFt
- Lot: 9,100/SqFt
- Gross: 2,232/SqFt
- Garage: 400/SqFt
- Living: 2,232/SqFt
- Building: 2,232/SqFt
- Ground: 1,296/SqFt
- Garage Unfinished: 400/SqFt
Legal Description
- Description: SS SOUTH RAINBOW DR COR N 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: 35.16383 / -89.99557
- Subdivision: Colonial Terrace
- Property Class: Residential
- Zoning: R-6
- County Use Code: 062
Amenities
- Heating Fuel Type: Gas
- Plus Four: 3114
- Bathroom Fixtures: 8
- Fireplaces: 1
- Garage: Detached Garage
- Heating: Forced air unit
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 S Rainbow Dr has no associated ownership info
1855 S Rainbow Dr has no associated ownership info.
Taxes
1855 S Rainbow Dr has 10 associated Taxes items
1855 S 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 $47,350. The APN we've located for 1855 S Rainbow Dr is 04-1029-0-0142.
Unlock the full reportTax History
1855 S 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 $47,350 | Land Value $7,875 | Improvement Value $39,475 | Tax Amount $1,273.72 | Change Rate -0.129253% | Assessed CR | Tax Rate +0.0269% |
| Year 2024 | Assessed Value $43,150 | Land Value $2,700 | Improvement Value $40,450 | Tax Amount $1,462.79 | Change Rate | Assessed CR | Tax Rate +0.0339% |
| Year 2023 | Assessed Value $43,150 | Land Value $2,700 | Improvement Value $40,450 | Tax Amount $1,462.79 | Change Rate -0.443499% | Assessed CR | Tax Rate +0.0339% |
| Year 2022 | Assessed Value $43,150 | Land Value $2,700 | Improvement Value $40,450 | Tax Amount $2,628.55 | Change Rate -0.011589% | Assessed CR | Tax Rate +0.060917% |
| Year 2021 | Assessed Value $43,150 | Land Value $2,700 | Improvement Value $40,450 | Tax Amount $2,659.37 | Change Rate +0.177259% | Assessed CR | Tax Rate +0.061631% |
| Year 2020 | Assessed Value $31,175 | Land Value $2,700 | Improvement Value $28,475 | Tax Amount $2,258.95 | Change Rate +1.267203% | Assessed CR | Tax Rate +0.07246% |
| Year 2019 | Assessed Value $31,175 | Land Value $2,700 | Improvement Value $28,475 | Tax Amount $996.36 | Change Rate +0.00001% | Assessed CR | Tax Rate +0.03196% |
| Year 2018 | Assessed Value $31,175 | Land Value $2,700 | Improvement Value $28,475 | Tax Amount $996.35 | Change Rate -0.023071% | Assessed CR | Tax Rate +0.03196% |
| Year 2017 | Assessed Value $31,175 | Land Value $2,700 | Improvement Value $28,475 | Tax Amount $1,019.88 | Change Rate +0.199845% | Assessed CR | Tax Rate +0.032715% |
| Year 2016 | Assessed Value $25,000 | Land Value | Improvement Value | Tax Amount $850.01 | Change Rate -0.221959% | Assessed CR | Tax Rate +0.034% |
| Year 2014 | Assessed Value $25,000 | Land Value | Improvement Value | Tax Amount $1,092.5 | Change Rate +0.39266% | Assessed CR | Tax Rate +0.0437% |
| Year 2011 | Assessed Value | Land Value | Improvement Value | Tax Amount $784.47 | Change Rate | Assessed CR | Tax Rate |