Taxes
- Assessed Value: $39,850
- Assessed Year: 2025
- Assessed County: Shelby
- APN: 04-1029-0-0143
- Assessed Land Value: 7875
- Market Land Value: 31500
- Tax Amount: 845.44
- Tax Year: 2025
- Market Value: 159400
- Market Year: 2025
1863 S Rainbow Dr; Memphis, TN Property Details
Off market
1863 S Rainbow Dr Memphis, TN 38107
$330,000 Listing Price
3 Beds
2 Baths
1,652 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1946
- Purchase Price: $77,500
- Open Loans / Balance: 2 / $14,333
- Est. Equity / %: $174,667 / 92.42%
- Gross Yield: 12.648%
- APN: 04-1029-0-0143
- Situs County: Shelby
- Length Of Ownership: 28 years, 1 months
Rooms
- Bedrooms: 3
- Bathrooms: 2
- Full Bathrooms: 2
- Total Rooms: 7
Structure
- Stories: 1.5
- Exterior Wall Type: Brick veneer
- Building Condition: Fair
- Building Quality: D
- Roof Type: Gable
- Roof Cover Type: Composition Shingle
Measurements
- Total: 1,652/SqFt
- Lot: 7,800/SqFt
- Gross: 3,017/SqFt
- Garage: 240/SqFt
- Living: 1,652/SqFt
- Building: 3,017/SqFt
- Ground: 1,652/SqFt
- Garage Unfinished: 240/SqFt
- Price Per Square Foot: $46.91
Legal Description
- Description: SS SOUTH 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: 35.16382 / -89.99543
- Subdivision: Colonial Terrace
- Property Class: Residential
- Zoning: R-6
- County Use Code: 062
Amenities
- Heating Fuel Type: Gas
- Plus Four: 3114
- Bathroom Fixtures: 6
- 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
1863 S Rainbow Dr has no associated ownership info
1863 S Rainbow Dr has no associated ownership info.
Taxes
1863 S Rainbow Dr has 10 associated Taxes items
1863 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 $39,850. The APN we've located for 1863 S Rainbow Dr is 04-1029-0-0143.
Unlock the full reportTax History
1863 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 $39,850 | Land Value $7,875 | Improvement Value $31,975 | Tax Amount $845.44 | Change Rate | Assessed CR | Tax Rate +0.021216% |
| Year 2024 | Assessed Value $34,700 | Land Value $2,500 | Improvement Value $32,200 | Tax Amount $845.44 | Change Rate | Assessed CR | Tax Rate +0.024364% |
| Year 2023 | Assessed Value $34,700 | Land Value $2,500 | Improvement Value $32,200 | Tax Amount $845.44 | Change Rate -0.541397% | Assessed CR | Tax Rate +0.024364% |
| Year 2022 | Assessed Value $34,700 | Land Value $2,500 | Improvement Value $32,200 | Tax Amount $1,843.51 | Change Rate +0.218761% | Assessed CR | Tax Rate +0.053127% |
| Year 2021 | Assessed Value $34,700 | Land Value $2,500 | Improvement Value $32,200 | Tax Amount $1,512.61 | Change Rate | Assessed CR | Tax Rate +0.043591% |
| Year 2020 | Assessed Value $20,875 | Land Value $2,500 | Improvement Value $18,375 | Tax Amount $1,512.61 | Change Rate +1.267237% | Assessed CR | Tax Rate +0.07246% |
| Year 2019 | Assessed Value $20,875 | Land Value $2,500 | Improvement Value $18,375 | Tax Amount $667.16 | Change Rate -0.15997% | Assessed CR | Tax Rate +0.03196% |
| Year 2018 | Assessed Value $24,850 | Land Value $2,500 | Improvement Value $22,350 | Tax Amount $794.21 | Change Rate -0.16861% | Assessed CR | Tax Rate +0.03196% |
| Year 2017 | Assessed Value $29,200 | Land Value $2,500 | Improvement Value $26,700 | Tax Amount $955.28 | Change Rate +0.345939% | Assessed CR | Tax Rate +0.032715% |
| Year 2016 | Assessed Value $20,875 | Land Value | Improvement Value | Tax Amount $709.75 | Change Rate -0.22197% | Assessed CR | Tax Rate +0.034% |
| Year 2014 | Assessed Value $23,375 | Land Value | Improvement Value | Tax Amount $912.24 | Change Rate +1.08046% | Assessed CR | Tax Rate +0.039026% |
| Year 2011 | Assessed Value | Land Value | Improvement Value | Tax Amount $438.48 | Change Rate | Assessed CR | Tax Rate |