Taxes
- Assessed Value: $54,850
- Assessed Year: 2025
- Assessed County: Shelby
- APN: 04-1029-0-0164
- Assessed Land Value: 7875
- Market Land Value: 31500
- Tax Amount: 1475.47
- Tax Year: 2025
- Market Value: 219400
- Market Year: 2025
1868 N Rainbow Dr; Memphis, TN Property Details
Off market • Pre Probate ✓
1868 N Rainbow Dr Memphis, TN 38107
$209,000 Listing Price
3 Beds
2.5 Baths
2,544 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 2 / Related
- Owner Status: Related
- Year Built: 1938
- Purchase Price: $209,000
- Open Loans / Balance: 2 / $203,366
- Est. Equity / %: $16,634 / 7.56%
- Gross Yield: 10.189%
- APN: 04-1029-0-0164
- Situs County: Shelby
- Length Of Ownership: 4 years, 2 months
Rooms
- Bedrooms: 3
- Bathrooms: 2.5
- Full Bathrooms: 2
- Total Rooms: 6
- Partial Bathrooms: 1
Structure
- Stories: 1
- Exterior Wall Type: Brick veneer
- Building Condition: Average
- Building Quality: A
- Roof Type: Gable
- Roof Cover Type: Composition Shingle
- Deck: true
Measurements
- Total: 2,544/SqFt
- Lot: 7,800/SqFt
- Gross: 2,544/SqFt
- Living: 2,544/SqFt
- Building: 2,544/SqFt
- Ground: 1,312/SqFt
- Price Per Square Foot: $82.15
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: 35.16591 / -89.99488
- Subdivision: Colonial Terrace
- Property Class: Residential
- Zoning: R-6
- County Use Code: 062
Amenities
- Heating Fuel Type: Gas
- Plus Four: 3111
- Bathroom Fixtures: 6
- Cooling: Central
- Fireplaces: 1
- 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
1868 N Rainbow Dr has no associated ownership info
1868 N Rainbow Dr has no associated ownership info.
Taxes
1868 N Rainbow Dr has 10 associated Taxes items
1868 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 $54,850. The APN we've located for 1868 N Rainbow Dr is 04-1029-0-0164.
Unlock the full reportTax History
1868 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 $54,850 | Land Value $7,875 | Improvement Value $46,975 | Tax Amount $1,475.47 | Change Rate +0.032599% | Assessed CR | Tax Rate +0.0269% |
| Year 2024 | Assessed Value | Land Value | Improvement Value | Tax Amount $1,428.89 | Change Rate | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value $42,150 | Land Value $2,500 | Improvement Value $39,650 | Tax Amount $1,428.89 | Change Rate -0.443496% | Assessed CR | Tax Rate +0.0339% |
| Year 2022 | Assessed Value $42,150 | Land Value $2,500 | Improvement Value $39,650 | Tax Amount $2,567.62 | Change Rate -0.011591% | Assessed CR | Tax Rate +0.060916% |
| Year 2021 | Assessed Value $42,150 | Land Value $2,500 | Improvement Value $39,650 | Tax Amount $2,597.73 | Change Rate +0.189067% | Assessed CR | Tax Rate +0.061631% |
| Year 2020 | Assessed Value $30,150 | Land Value $2,500 | Improvement Value $27,650 | Tax Amount $2,184.68 | Change Rate +1.267206% | Assessed CR | Tax Rate +0.07246% |
| Year 2019 | Assessed Value $30,150 | Land Value $2,500 | Improvement Value $27,650 | Tax Amount $963.6 | Change Rate | Assessed CR | Tax Rate +0.03196% |
| Year 2018 | Assessed Value $30,150 | Land Value $2,500 | Improvement Value $27,650 | Tax Amount $963.6 | Change Rate -0.023065% | Assessed CR | Tax Rate +0.03196% |
| Year 2017 | Assessed Value $30,150 | Land Value $2,500 | Improvement Value $27,650 | Tax Amount $986.35 | Change Rate +0.202499% | Assessed CR | Tax Rate +0.032715% |
| Year 2016 | Assessed Value $24,125 | Land Value | Improvement Value | Tax Amount $820.25 | Change Rate -0.221966% | Assessed CR | Tax Rate +0.034% |
| Year 2014 | Assessed Value $24,125 | Land Value | Improvement Value | Tax Amount $1,054.26 | Change Rate -0.113665% | Assessed CR | Tax Rate +0.0437% |
| Year 2011 | Assessed Value | Land Value | Improvement Value | Tax Amount $1,189.46 | Change Rate | Assessed CR | Tax Rate |