Taxes
- Assessed Value: $48,400
- Assessed Year: 2025
- Assessed County: Shelby
- APN: 04-1029-0-0165
- Assessed Land Value: 7875
- Market Land Value: 31500
- Tax Amount: 1301.96
- Tax Year: 2025
- Market Value: 193600
- Market Year: 2025
1862 N Rainbow Dr; Memphis, TN Property Details
Off market
1862 N Rainbow Dr Memphis, TN 38107
$48,400 Estimated Value
3 Beds
2 Baths
1,930 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 2 / Related
- Owner Status: Related
- Year Built: 1951
- Purchase Price: $96,000
- Est. Equity / %: $221,000 / 100%
- Gross Yield: 9.122%
- APN: 04-1029-0-0165
- Situs County: Shelby
- Length Of Ownership: 14 years, 8 months
Rooms
- Bedrooms: 3
- Bathrooms: 2
- Full Bathrooms: 2
- Total Rooms: 7
Structure
- Stories: 1.75
- Exterior Wall Type: Brick veneer
- Building Condition: Average
- Building Quality: D
- Roof Type: Gable
- Pool Type: Yes
- Roof Cover Type: Composition Shingle
Measurements
- Total: 1,930/SqFt
- Lot: 7,800/SqFt
- Gross: 2,148/SqFt
- Garage: 190/SqFt
- Living: 1,930/SqFt
- Building: 2,120/SqFt
- Ground: 1,046/SqFt
- Price Per Square Foot: $49.74
Legal Description
- Description: NS NORTH 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: 35.165966 / -89.99508
- Subdivision: Colonial Terrace
- Property Class: Residential
- Zoning: R-6
- County Use Code: 062
Amenities
- Heating Fuel Type: Gas
- Pool: true
- Plus Four: 3111
- Bathroom Fixtures: 6
- Cooling: Central
- Fireplaces: 1
- Garage: Attached Garage
- Heating: Central
- Parking: 4
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
1862 N Rainbow Dr has no associated ownership info
1862 N Rainbow Dr has no associated ownership info.
Taxes
1862 N Rainbow Dr has 10 associated Taxes items
1862 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 $48,400. The APN we've located for 1862 N Rainbow Dr is 04-1029-0-0165.
Unlock the full reportTax History
1862 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 $48,400 | Land Value $7,875 | Improvement Value $40,525 | Tax Amount $1,301.96 | Change Rate +6.918983% | Assessed CR | Tax Rate +0.0269% |
| Year 2024 | Assessed Value $47,000 | Land Value $2,500 | Improvement Value $44,500 | Tax Amount $164.41 | Change Rate -0.942576% | Assessed CR | Tax Rate +0.003498% |
| Year 2023 | Assessed Value $47,000 | Land Value $2,500 | Improvement Value $44,500 | Tax Amount $2,863.07 | Change Rate | Assessed CR | Tax Rate +0.060916% |
| Year 2022 | Assessed Value $47,000 | Land Value $2,500 | Improvement Value $44,500 | Tax Amount $2,863.07 | Change Rate -0.011586% | Assessed CR | Tax Rate +0.060916% |
| Year 2021 | Assessed Value $47,000 | Land Value $2,500 | Improvement Value $44,500 | Tax Amount $2,896.63 | Change Rate +0.068154% | Assessed CR | Tax Rate +0.06163% |
| Year 2020 | Assessed Value $37,425 | Land Value $2,500 | Improvement Value $34,925 | Tax Amount $2,711.81 | Change Rate +1.267191% | Assessed CR | Tax Rate +0.07246% |
| Year 2019 | Assessed Value $37,425 | Land Value $2,500 | Improvement Value $34,925 | Tax Amount $1,196.11 | Change Rate +0.000017% | Assessed CR | Tax Rate +0.03196% |
| Year 2018 | Assessed Value $37,425 | Land Value $2,500 | Improvement Value $34,925 | Tax Amount $1,196.09 | Change Rate -0.023082% | Assessed CR | Tax Rate +0.03196% |
| Year 2017 | Assessed Value $37,425 | Land Value $2,500 | Improvement Value $34,925 | Tax Amount $1,224.35 | Change Rate +0.209414% | Assessed CR | Tax Rate +0.032715% |
| Year 2016 | Assessed Value $29,775 | Land Value | Improvement Value | Tax Amount $1,012.35 | Change Rate -0.221969% | Assessed CR | Tax Rate +0.034% |
| Year 2014 | Assessed Value $29,775 | Land Value | Improvement Value | Tax Amount $1,301.17 | Change Rate +0.92239% | Assessed CR | Tax Rate +0.0437% |
| Year 2011 | Assessed Value | Land Value | Improvement Value | Tax Amount $676.85 | Change Rate | Assessed CR | Tax Rate |