Taxes
- Assessed Value: $39,425
- Assessed Year: 2025
- Assessed County: Shelby
- APN: 04-1028-0-0010C
- Assessed Land Value: 7875
- Market Land Value: 31500
- Tax Amount: 1060.53
- Tax Year: 2025
- Market Value: 157700
- Market Year: 2025
1868 S Rainbow Dr; Memphis, TN Property Details
Off market
1868 S Rainbow Dr Memphis, TN 38107
$39,425 Estimated Value
2 Beds
2 Baths
2,016 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1947
- Purchase Price: $99,000
- Open Loans / Balance: 2 / $64,590
- Est. Equity / %: $132,410 / 67.21%
- Gross Yield: 14.022%
- APN: 04-1028-0-0010C
- Situs County: Shelby
- Length Of Ownership: 7 months
Rooms
- Bedrooms: 2
- Bathrooms: 2
- Full Bathrooms: 2
- Total Rooms: 8
Structure
- Stories: 1.25
- Exterior Wall Type: Siding (Alum/Vinyl)
- Building Condition: Poor
- Building Quality: D
- Roof Type: Gable
- Roof Cover Type: Composition Shingle
Measurements
- Total: 2,016/SqFt
- Lot: 11,250/SqFt
- Gross: 2,269/SqFt
- Garage: 253/SqFt
- Living: 2,016/SqFt
- Building: 2,269/SqFt
- Ground: 1,344/SqFt
- Price Per Square Foot: $49.11
Legal Description
- Description: SEE MAP GRID 114 N NS S 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: 35.16427 / -89.99515
- Subdivision: Colonial Terrace
- Property Class: Residential
- Zoning: R-6
- County Use Code: 062
Amenities
- Heating Fuel Type: Gas
- Plus Four: 3113
- Bathroom Fixtures: 8
- 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
1868 S Rainbow Dr has no associated ownership info
1868 S Rainbow Dr has no associated ownership info.
Taxes
1868 S Rainbow Dr has 10 associated Taxes items
1868 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 $39,425. The APN we've located for 1868 S Rainbow Dr is 04-1028-0-0010C.
Unlock the full reportTax History
1868 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 $39,425 | Land Value $7,875 | Improvement Value $31,550 | Tax Amount $1,060.53 | Change Rate +0.000292% | Assessed CR | Tax Rate +0.0269% |
| Year 2024 | Assessed Value | Land Value | Improvement Value | Tax Amount $1,060.22 | Change Rate | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value $31,275 | Land Value $3,075 | Improvement Value $28,200 | Tax Amount $1,060.22 | Change Rate -0.353639% | Assessed CR | Tax Rate +0.0339% |
| Year 2022 | Assessed Value $31,275 | Land Value $3,075 | Improvement Value $28,200 | Tax Amount $1,640.29 | Change Rate +0.247217% | Assessed CR | Tax Rate +0.052447% |
| Year 2021 | Assessed Value $31,275 | Land Value $3,075 | Improvement Value $28,200 | Tax Amount $1,315.16 | Change Rate +0.000008% | Assessed CR | Tax Rate +0.042051% |
| Year 2020 | Assessed Value $18,150 | Land Value $3,075 | Improvement Value $15,075 | Tax Amount $1,315.15 | Change Rate +1.267226% | Assessed CR | Tax Rate +0.07246% |
| Year 2019 | Assessed Value $18,150 | Land Value $3,075 | Improvement Value $15,075 | Tax Amount $580.07 | Change Rate | Assessed CR | Tax Rate +0.03196% |
| Year 2018 | Assessed Value $18,150 | Land Value $3,075 | Improvement Value $15,075 | Tax Amount $580.07 | Change Rate -0.242254% | Assessed CR | Tax Rate +0.03196% |
| Year 2017 | Assessed Value $23,400 | Land Value $3,075 | Improvement Value $20,325 | Tax Amount $765.52 | Change Rate +0.238004% | Assessed CR | Tax Rate +0.032715% |
| Year 2016 | Assessed Value $18,975 | Land Value | Improvement Value | Tax Amount $618.35 | Change Rate -0.205073% | Assessed CR | Tax Rate +0.032588% |
| Year 2014 | Assessed Value $18,975 | Land Value | Improvement Value | Tax Amount $777.87 | Change Rate +0.260627% | Assessed CR | Tax Rate +0.040994% |
| Year 2011 | Assessed Value | Land Value | Improvement Value | Tax Amount $617.05 | Change Rate | Assessed CR | Tax Rate |