- Assessed Value: $63,200
- Assessed Year: 2025
- Assessed County: Shelby
- APN: 04-1029-0-0163
- Assessed Land Value: 7875
- Market Land Value: 31500
- Tax Amount: 1700.08
- Tax Year: 2025
- Market Value: 252800
- Market Year: 2025
1874 N Rainbow Dr; Memphis, TN Property Details
Off market
1874 N Rainbow Dr Memphis, TN 38107
$63,200 Estimated Value
3 Beds
3 Baths
3,106 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1940
- Purchase Price: $176,000
- Open Loans / Balance: 1 / $4,950
- Est. Equity / %: $283,050 / 98.28%
- Gross Yield: 8.596%
- APN: 04-1029-0-0163
- Situs County: Shelby
- Length Of Ownership: 29 years
Rooms
- Bedrooms: 3
- Bathrooms: 3
- Full Bathrooms: 3
- Total Rooms: 8
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: 3,106/SqFt
- Lot: 15,360/SqFt
- Gross: 3,106/SqFt
- Garage: 336/SqFt
- Living: 3,106/SqFt
- Building: 3,106/SqFt
- Ground: 1,866/SqFt
- Garage Unfinished: 336/SqFt
- Price Per Square Foot: $56.66
Legal Description
- Description: PTS 93 & 94 GREENBRIER S/D 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: 35.166138 / -89.99465
- 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: 9
- 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
1874 N Rainbow Dr has no associated ownership info
1874 N Rainbow Dr has no associated ownership info.
Taxes
1874 N Rainbow Dr has 10 associated Taxes items
1874 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 $63,200. The APN we've located for 1874 N Rainbow Dr is 04-1029-0-0163.
Unlock the full reportTaxes
Tax History
1874 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 $63,200 | Land Value $7,875 | Improvement Value $55,325 | Tax Amount $1,700.08 | Change Rate -0.042484% | Assessed CR | Tax Rate +0.0269% |
| Year 2024 | Assessed Value $52,375 | Land Value $3,750 | Improvement Value $48,625 | Tax Amount $1,775.51 | Change Rate | Assessed CR | Tax Rate +0.0339% |
| Year 2023 | Assessed Value $52,375 | Land Value $3,750 | Improvement Value $48,625 | Tax Amount $1,775.51 | Change Rate -0.443499% | Assessed CR | Tax Rate +0.0339% |
| Year 2022 | Assessed Value $52,375 | Land Value $3,750 | Improvement Value $48,625 | Tax Amount $3,190.49 | Change Rate -0.01159% | Assessed CR | Tax Rate +0.060916% |
| Year 2021 | Assessed Value $52,375 | Land Value $3,750 | Improvement Value $48,625 | Tax Amount $3,227.9 | Change Rate +0.16084% | Assessed CR | Tax Rate +0.061631% |
| Year 2020 | Assessed Value $38,375 | Land Value $3,750 | Improvement Value $34,625 | Tax Amount $2,780.66 | Change Rate +1.267206% | Assessed CR | Tax Rate +0.07246% |
| Year 2019 | Assessed Value $38,375 | Land Value $3,750 | Improvement Value $34,625 | Tax Amount $1,226.47 | Change Rate +0.000008% | Assessed CR | Tax Rate +0.03196% |
| Year 2018 | Assessed Value $38,375 | Land Value $3,750 | Improvement Value $34,625 | Tax Amount $1,226.46 | Change Rate -0.023076% | Assessed CR | Tax Rate +0.03196% |
| Year 2017 | Assessed Value $38,375 | Land Value $3,750 | Improvement Value $34,625 | Tax Amount $1,255.43 | Change Rate +0.125744% | Assessed CR | Tax Rate +0.032715% |
| Year 2016 | Assessed Value $32,800 | Land Value | Improvement Value | Tax Amount $1,115.2 | Change Rate -0.221968% | Assessed CR | Tax Rate +0.034% |
| Year 2014 | Assessed Value $32,800 | Land Value | Improvement Value | Tax Amount $1,433.36 | Change Rate +0.35897% | Assessed CR | Tax Rate +0.0437% |
| Year 2011 | Assessed Value | Land Value | Improvement Value | Tax Amount $1,054.74 | Change Rate | Assessed CR | Tax Rate |