Taxes
- Assessed Value: $39,975
- Assessed Year: 2025
- Assessed County: Shelby
- APN: 04-1027-0-0003
- Assessed Land Value: 7875
- Market Land Value: 31500
- Tax Amount: 1075.33
- Tax Year: 2025
- Market Value: 159900
- Market Year: 2025
1867 N Rainbow Dr; Memphis, TN Property Details
Off market
1867 N Rainbow Dr Memphis, TN 38107
$44,800 Listing Price
2 Beds
1 Baths
1,179 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1942
- Purchase Price: $55,000
- Est. Equity / %: $184,000 / 100%
- Gross Yield: 10.943%
- APN: 04-1027-0-0003
- Situs County: Shelby
- Length Of Ownership: 10 years
Rooms
- Bedrooms: 2
- Bathrooms: 1
- Full Bathrooms: 1
- Total Rooms: 6
Structure
- Stories: 1
- Exterior Wall Type: Brick veneer
- Building Condition: Average
- Building Quality: D
- Roof Cover Type: Composition Shingle
- Deck: true
Measurements
- Total: 1,179/SqFt
- Lot: 7,500/SqFt
- Gross: 2,360/SqFt
- Garage: 209/SqFt
- Living: 1,179/SqFt
- Building: 2,360/SqFt
- Ground: 1,179/SqFt
- Price Per Square Foot: $46.65
Legal Description
- Description: SS 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: 35.165462 / -89.99496
- Subdivision: Colonial Terrace
- Property Class: Residential
- Zoning: R-6
- County Use Code: 062
Amenities
- Heating Fuel Type: Gas
- Plus Four: 3112
- Bathroom Fixtures: 3
- Cooling: Central
- Fireplaces: 1
- Garage: Attached Garage
- Heating: Central
- Parking: 1
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
1867 N Rainbow Dr has no associated ownership info
1867 N Rainbow Dr has no associated ownership info.
Taxes
1867 N Rainbow Dr has 10 associated Taxes items
1867 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 $39,975. The APN we've located for 1867 N Rainbow Dr is 04-1027-0-0003.
Unlock the full reportTax History
1867 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 $39,975 | Land Value $7,875 | Improvement Value $32,100 | Tax Amount $1,075.33 | Change Rate +0.005404% | Assessed CR | Tax Rate +0.0269% |
| Year 2024 | Assessed Value | Land Value | Improvement Value | Tax Amount $1,069.55 | Change Rate | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value $31,550 | Land Value $2,425 | Improvement Value $29,125 | Tax Amount $1,069.55 | Change Rate -0.443496% | Assessed CR | Tax Rate +0.0339% |
| Year 2022 | Assessed Value $31,550 | Land Value $2,425 | Improvement Value $29,125 | Tax Amount $1,921.91 | Change Rate -0.011592% | Assessed CR | Tax Rate +0.060916% |
| Year 2021 | Assessed Value $31,550 | Land Value $2,425 | Improvement Value $29,125 | Tax Amount $1,944.45 | Change Rate +0.178262% | Assessed CR | Tax Rate +0.061631% |
| Year 2020 | Assessed Value $22,775 | Land Value $2,425 | Improvement Value $20,350 | Tax Amount $1,650.27 | Change Rate +1.267197% | Assessed CR | Tax Rate +0.07246% |
| Year 2019 | Assessed Value $22,775 | Land Value $2,425 | Improvement Value $20,350 | Tax Amount $727.89 | Change Rate | Assessed CR | Tax Rate +0.03196% |
| Year 2018 | Assessed Value $22,775 | Land Value $2,425 | Improvement Value $20,350 | Tax Amount $727.89 | Change Rate -0.023058% | Assessed CR | Tax Rate +0.03196% |
| Year 2017 | Assessed Value $22,775 | Land Value $2,425 | Improvement Value $20,350 | Tax Amount $745.07 | Change Rate +0.195843% | Assessed CR | Tax Rate +0.032714% |
| Year 2016 | Assessed Value $18,325 | Land Value | Improvement Value | Tax Amount $623.05 | Change Rate -0.221966% | Assessed CR | Tax Rate +0.034% |
| Year 2014 | Assessed Value $18,325 | Land Value | Improvement Value | Tax Amount $800.8 | Change Rate +0.126111% | Assessed CR | Tax Rate +0.0437% |
| Year 2011 | Assessed Value | Land Value | Improvement Value | Tax Amount $711.12 | Change Rate | Assessed CR | Tax Rate |