Taxes
- Assessed Value: $62,475
- Assessed Year: 2025
- Assessed County: Shelby
- APN: 04-1029-0-0145
- Assessed Land Value: 7875
- Market Land Value: 31500
- Tax Amount: 1680.58
- Tax Year: 2025
- Market Value: 249900
- Market Year: 2025
1875 S Rainbow Dr; Memphis, TN Property Details
Off market
1875 S Rainbow Dr Memphis, TN 38107
$62,475 Estimated Value
3 Beds
2 Baths
3,035 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 2 / Related
- Owner Status: Related
- Year Built: 1930
- Purchase Price: $120,000
- Est. Equity / %: $232,000 / 100%
- Gross Yield: 11.488%
- APN: 04-1029-0-0145
- Situs County: Shelby
- Length Of Ownership: 6 years, 4 months
Rooms
- Bedrooms: 3
- Bathrooms: 2
- Full Bathrooms: 2
- Total Rooms: 7
Structure
- Stories: 1.25
- Exterior Wall Type: Brick veneer
- Building Condition: Average
- Building Quality: D
- Roof Type: Gable
- Roof Cover Type: Composition Shingle
Measurements
- Total: 3,035/SqFt
- Lot: 13,000/SqFt
- Gross: 3,263/SqFt
- Garage: 228/SqFt
- Living: 3,035/SqFt
- Building: 3,263/SqFt
- Ground: 1,394/SqFt
- Price Per Square Foot: $39.54
Legal Description
- Description: SS SOUTH 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: 35.16379 / -89.99503
- Subdivision: Colonial Terrace
- Property Class: Residential
- Zoning: R-6
- County Use Code: 062
Amenities
- Heating Fuel Type: Gas
- Plus Four: 3114
- Bathroom Fixtures: 6
- Fireplaces: 1
- Garage: Attached Garage
- Heating: Central
- Parking: 2
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 S Rainbow Dr has no associated ownership info
1875 S Rainbow Dr has no associated ownership info.
Taxes
1875 S Rainbow Dr has 10 associated Taxes items
1875 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 $62,475. The APN we've located for 1875 S Rainbow Dr is 04-1029-0-0145.
Unlock the full reportTax History
1875 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 $62,475 | Land Value $7,875 | Improvement Value $54,600 | Tax Amount $1,680.58 | Change Rate -0.112757% | Assessed CR | Tax Rate +0.0269% |
| Year 2024 | Assessed Value $55,875 | Land Value $3,350 | Improvement Value $52,525 | Tax Amount $1,894.16 | Change Rate -0.000005% | Assessed CR | Tax Rate +0.0339% |
| Year 2023 | Assessed Value $40,550 | Land Value $3,350 | Improvement Value $37,200 | Tax Amount $1,894.17 | Change Rate -0.233182% | Assessed CR | Tax Rate +0.046712% |
| Year 2022 | Assessed Value $40,550 | Land Value $3,350 | Improvement Value $37,200 | Tax Amount $2,470.17 | Change Rate -0.011588% | Assessed CR | Tax Rate +0.060917% |
| Year 2021 | Assessed Value $40,550 | Land Value $3,350 | Improvement Value $37,200 | Tax Amount $2,499.13 | Change Rate +0.178129% | Assessed CR | Tax Rate +0.061631% |
| Year 2020 | Assessed Value $29,275 | Land Value $3,350 | Improvement Value $25,925 | Tax Amount $2,121.27 | Change Rate +1.26721% | Assessed CR | Tax Rate +0.07246% |
| Year 2019 | Assessed Value $29,275 | Land Value $3,350 | Improvement Value $25,925 | Tax Amount $935.63 | Change Rate | Assessed CR | Tax Rate +0.03196% |
| Year 2018 | Assessed Value $29,275 | Land Value $3,350 | Improvement Value $25,925 | Tax Amount $935.63 | Change Rate -0.023065% | Assessed CR | Tax Rate +0.03196% |
| Year 2017 | Assessed Value $29,275 | Land Value $3,350 | Improvement Value $25,925 | Tax Amount $957.72 | Change Rate +0.133531% | Assessed CR | Tax Rate +0.032715% |
| Year 2016 | Assessed Value $24,850 | Land Value | Improvement Value | Tax Amount $844.9 | Change Rate -0.221972% | Assessed CR | Tax Rate +0.034% |
| Year 2014 | Assessed Value $24,850 | Land Value | Improvement Value | Tax Amount $1,085.95 | Change Rate +0.27305% | Assessed CR | Tax Rate +0.0437% |
| Year 2011 | Assessed Value | Land Value | Improvement Value | Tax Amount $853.03 | Change Rate | Assessed CR | Tax Rate |