Taxes
- Assessed Value: $52,925
- Assessed Year: 2025
- Assessed County: Shelby
- APN: 04-1027-0-0004
- Assessed Land Value: 7875
- Market Land Value: 31500
- Tax Amount: 1423.68
- Tax Year: 2025
- Market Value: 211700
- Market Year: 2025
1875 N Rainbow Dr; Memphis, TN Property Details
Off market
1875 N Rainbow Dr Memphis, TN 38107
$155,000 Listing Price
3 Beds
2 Baths
2,022 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 2 / Related
- Owner Status: Related
- Year Built: 1942
- Purchase Price: $155,000
- Open Loans / Balance: 1 / $78,367
- Est. Equity / %: $190,633 / 70.87%
- Gross Yield: 8.396%
- APN: 04-1027-0-0004
- Situs County: Shelby
- Length Of Ownership: 7 years, 9 months
Rooms
- Bedrooms: 3
- Bathrooms: 2
- Full Bathrooms: 2
- Total Rooms: 7
Structure
- Stories: 1.5
- Exterior Wall Type: Brick veneer
- Building Condition: Average
- Building Quality: D
- Roof Type: Gable
- Roof Cover Type: Composition Shingle
Measurements
- Total: 2,022/SqFt
- Lot: 8,750/SqFt
- Gross: 2,308/SqFt
- Garage: 190/SqFt
- Living: 2,022/SqFt
- Building: 2,212/SqFt
- Ground: 1,222/SqFt
- Price Per Square Foot: $76.66
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: 35.16544 / -89.99474
- Subdivision: Colonial Terrace
- Property Class: Residential
- Zoning: R-6
- County Use Code: 062
Amenities
- Heating Fuel Type: Gas
- Plus Four: 3112
- Bathroom Fixtures: 6
- Cooling: Central
- Fireplaces: 1
- Garage: Attached Garage
- Heating: Central
- Parking: 5
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
1875 N Rainbow Dr has no associated ownership info
1875 N Rainbow Dr has no associated ownership info.
Taxes
1875 N Rainbow Dr has 10 associated Taxes items
1875 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 $52,925. The APN we've located for 1875 N Rainbow Dr is 04-1027-0-0004.
Unlock the full reportTax History
1875 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 $52,925 | Land Value $7,875 | Improvement Value $45,050 | Tax Amount $1,423.68 | Change Rate +0.077525% | Assessed CR | Tax Rate +0.0269% |
| Year 2024 | Assessed Value $38,975 | Land Value $2,650 | Improvement Value $36,325 | Tax Amount $1,321.25 | Change Rate | Assessed CR | Tax Rate +0.0339% |
| Year 2023 | Assessed Value $38,975 | Land Value $2,650 | Improvement Value $36,325 | Tax Amount $1,321.25 | Change Rate -0.443501% | Assessed CR | Tax Rate +0.0339% |
| Year 2022 | Assessed Value $38,975 | Land Value $2,650 | Improvement Value $36,325 | Tax Amount $2,374.22 | Change Rate -0.01159% | Assessed CR | Tax Rate +0.060916% |
| Year 2021 | Assessed Value $38,975 | Land Value $2,650 | Improvement Value $36,325 | Tax Amount $2,402.06 | Change Rate +0.219877% | Assessed CR | Tax Rate +0.061631% |
| Year 2020 | Assessed Value $27,175 | Land Value $2,650 | Improvement Value $24,525 | Tax Amount $1,969.1 | Change Rate +1.267242% | Assessed CR | Tax Rate +0.07246% |
| Year 2019 | Assessed Value $27,175 | Land Value $2,650 | Improvement Value $24,525 | Tax Amount $868.5 | Change Rate -0.000012% | Assessed CR | Tax Rate +0.03196% |
| Year 2018 | Assessed Value $27,175 | Land Value $2,650 | Improvement Value $24,525 | Tax Amount $868.51 | Change Rate -0.02307% | Assessed CR | Tax Rate +0.03196% |
| Year 2017 | Assessed Value $27,175 | Land Value $2,650 | Improvement Value $24,525 | Tax Amount $889.02 | Change Rate +0.196689% | Assessed CR | Tax Rate +0.032715% |
| Year 2016 | Assessed Value $21,850 | Land Value | Improvement Value | Tax Amount $742.9 | Change Rate -0.221972% | Assessed CR | Tax Rate +0.034% |
| Year 2014 | Assessed Value $21,850 | Land Value | Improvement Value | Tax Amount $954.85 | Change Rate +0.342741% | Assessed CR | Tax Rate +0.0437% |
| Year 2011 | Assessed Value | Land Value | Improvement Value | Tax Amount $711.12 | Change Rate | Assessed CR | Tax Rate |