Taxes
- Assessed Value: $58,500
- Assessed Year: 2025
- Assessed County: Shelby
- APN: 04-1029-0-0166
- Assessed Land Value: 7875
- Market Land Value: 31500
- Tax Amount: 1573.65
- Tax Year: 2025
- Market Value: 234000
- Market Year: 2025
1856 N Rainbow Dr; Memphis, TN Property Details
Off market
1856 N Rainbow Dr Memphis, TN 38107
$310,000 Listing Price
3 Beds
1.5 Baths
2,147 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 2 / Related
- Owner Status: Related
- Year Built: 1947
- Purchase Price: $310,000
- Open Loans / Balance: 2 / $304,993
- Est. Equity / %: $-11,993 / -4.09%
- Gross Yield: 11.496%
- APN: 04-1029-0-0166
- Situs County: Shelby
- Length Of Ownership: 9 months
Rooms
- Bedrooms: 3
- Bathrooms: 1.5
- Full Bathrooms: 1
- Total Rooms: 7
- Partial Bathrooms: 1
Structure
- Stories: 1.75
- Exterior Wall Type: Brick veneer
- Building Condition: Average
- Building Quality: A
- Roof Type: Gable
- Roof Cover Type: Composition Shingle
Measurements
- Total: 2,147/SqFt
- Lot: 9,100/SqFt
- Gross: 2,147/SqFt
- Garage: 220/SqFt
- Living: 2,147/SqFt
- Building: 2,147/SqFt
- Ground: 1,013/SqFt
- Garage Unfinished: 220/SqFt
- Price Per Square Foot: $144.39
Legal Description
- Description: NS NORTH RAINBOW DR COR N MCLEAN NE
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: 35.16599 / -89.99529
- Subdivision: Colonial Terrace
- Property Class: Residential
- Zoning: R-6
- County Use Code: 062
Amenities
- Heating Fuel Type: Gas
- Plus Four: 3111
- Bathroom Fixtures: 5
- 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
1856 N Rainbow Dr has no associated ownership info
1856 N Rainbow Dr has no associated ownership info.
Taxes
1856 N Rainbow Dr has 10 associated Taxes items
1856 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 $58,500. The APN we've located for 1856 N Rainbow Dr is 04-1029-0-0166.
Unlock the full reportTax History
1856 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 $58,500 | Land Value $7,875 | Improvement Value $50,625 | Tax Amount $1,573.65 | Change Rate +0.037904% | Assessed CR | Tax Rate +0.0269% |
| Year 2024 | Assessed Value $44,725 | Land Value $2,700 | Improvement Value $42,025 | Tax Amount $1,516.18 | Change Rate | Assessed CR | Tax Rate +0.0339% |
| Year 2023 | Assessed Value $44,725 | Land Value $2,700 | Improvement Value $42,025 | Tax Amount $1,516.18 | Change Rate -0.4435% | Assessed CR | Tax Rate +0.0339% |
| Year 2022 | Assessed Value $44,725 | Land Value $2,700 | Improvement Value $42,025 | Tax Amount $2,724.49 | Change Rate -0.011584% | Assessed CR | Tax Rate +0.060916% |
| Year 2021 | Assessed Value $44,725 | Land Value $2,700 | Improvement Value $42,025 | Tax Amount $2,756.42 | Change Rate +0.074594% | Assessed CR | Tax Rate +0.06163% |
| Year 2020 | Assessed Value $35,400 | Land Value $2,700 | Improvement Value $32,700 | Tax Amount $2,565.08 | Change Rate +1.267213% | Assessed CR | Tax Rate +0.07246% |
| Year 2019 | Assessed Value $35,400 | Land Value $2,700 | Improvement Value $32,700 | Tax Amount $1,131.38 | Change Rate | Assessed CR | Tax Rate +0.03196% |
| Year 2018 | Assessed Value $35,400 | Land Value $2,700 | Improvement Value $32,700 | Tax Amount $1,131.38 | Change Rate +0.239529% | Assessed CR | Tax Rate +0.03196% |
| Year 2017 | Assessed Value $27,900 | Land Value $2,700 | Improvement Value $25,200 | Tax Amount $912.75 | Change Rate +0.198464% | Assessed CR | Tax Rate +0.032715% |
| Year 2016 | Assessed Value $22,400 | Land Value | Improvement Value | Tax Amount $761.6 | Change Rate -0.221968% | Assessed CR | Tax Rate +0.034% |
| Year 2014 | Assessed Value $22,400 | Land Value | Improvement Value | Tax Amount $978.88 | Change Rate +0.276362% | Assessed CR | Tax Rate +0.0437% |
| Year 2011 | Assessed Value | Land Value | Improvement Value | Tax Amount $766.93 | Change Rate | Assessed CR | Tax Rate |