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1858 S Rainbow Dr; Memphis, TN Property Details

1858 S Rainbow Dr, Memphis, TN is a Single Family that was built in 1947. This property is not for sale. Our records show that 1858 S Rainbow Dr has 4 bedrooms, and 3 bathrooms, and a total of 2,835 square feet. The lot size of 1858 S Rainbow Dr is 12,500 square feet.

Off market
1858 S Rainbow Dr Memphis, TN 38107
$76,325 Estimated Value
4 Beds
3 Baths
2,835 SqFt
Property Details

Summary

  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1947
  • Open Loans / Balance: 2 / $266,731
  • Est. Equity / %: $28,269 / 9.58%
  • Gross Yield: 10.706%
  • APN: 04-1028-0-0012
  • Situs County: Shelby

Rooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Total Rooms: 9

Structure

  • Stories: 1.75
  • Exterior Wall Type: Brick veneer
  • Building Condition: Average
  • Building Quality: D
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle
  • Deck: true

Measurements

  • Total: 2,835/SqFt
  • Lot: 12,500/SqFt
  • Gross: 3,733/SqFt
  • Garage: 520/SqFt
  • Living: 2,835/SqFt
  • Building: 3,733/SqFt
  • Ground: 2,023/SqFt

Legal Description

  • Description: NSS 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: 35.16432 / -89.995514
  • Subdivision: Colonial Terrace
  • Property Class: Residential
  • Zoning: R-6
  • County Use Code: 062

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3113
  • Bathroom Fixtures: 11
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

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

1858 S Rainbow Dr has no associated ownership info
1858 S Rainbow Dr has no associated ownership info.

Taxes

1858 S Rainbow Dr has 10 associated Taxes items

1858 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 $76,325. The APN we've located for 1858 S Rainbow Dr is 04-1028-0-0012.

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Taxes
  • Assessed Value:  $76,325
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  04-1028-0-0012
  • Assessed Land Value:  7875
  • Market Land Value:  31500
  • Tax Amount:  2053.14
  • Tax Year:  2025
  • Market Value:  305300
  • Market Year:  2025

Tax History

1858 S Rainbow Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $76,325 Land Value $7,875 Improvement Value $68,450 Tax Amount $2,053.14 Change Rate +0.044217% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $1,966.2 Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $58,000 Land Value $3,275 Improvement Value $54,725 Tax Amount $1,966.2 Change Rate -0.443499% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $58,000 Land Value $3,275 Improvement Value $54,725 Tax Amount $3,533.15 Change Rate -0.011587% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $58,000 Land Value $3,275 Improvement Value $54,725 Tax Amount $3,574.57 Change Rate +0.192306% Assessed CR Tax Rate +0.061631%
Year 2020 Assessed Value $41,375 Land Value $3,275 Improvement Value $38,100 Tax Amount $2,998.03 Change Rate +1.267216% Assessed CR Tax Rate +0.07246%
Year 2019 Assessed Value $41,375 Land Value $3,275 Improvement Value $38,100 Tax Amount $1,322.34 Change Rate Assessed CR Tax Rate +0.03196%
Year 2018 Assessed Value $41,375 Land Value $3,275 Improvement Value $38,100 Tax Amount $1,322.34 Change Rate -0.023072% Assessed CR Tax Rate +0.03196%
Year 2017 Assessed Value $41,375 Land Value $3,275 Improvement Value $38,100 Tax Amount $1,353.57 Change Rate +0.202746% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $33,100 Land Value Improvement Value Tax Amount $1,125.4 Change Rate -0.221968% Assessed CR Tax Rate +0.034%
Year 2014 Assessed Value $33,100 Land Value Improvement Value Tax Amount $1,446.47 Change Rate +0.343978% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $1,076.26 Change Rate Assessed CR Tax Rate