Taxes
- Assessed Value: $57,100
- Assessed Year: 2025
- Assessed County: Shelby
- APN: 04-1028-0-0008
- Assessed Land Value: 7875
- Market Land Value: 31500
- Tax Amount: 1535.99
- Tax Year: 2025
- Market Value: 228400
- Market Year: 2025
1882 S Rainbow Dr; Memphis, TN Property Details
Off market
1882 S Rainbow Dr Memphis, TN 38107
$123,000 Listing Price
5 Beds
2.5 Baths
3,166 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 2 / Related
- Owner Status: Related
- Year Built: 1956
- Purchase Price: $123,000
- Open Loans / Balance: 1 / $111,609
- Est. Equity / %: $170,391 / 60.42%
- Gross Yield: 9.311%
- APN: 04-1028-0-0008
- Situs County: Shelby
- Length Of Ownership: 12 years, 3 months
Rooms
- Bedrooms: 5
- Bathrooms: 2.5
- Full Bathrooms: 2
- Total Rooms: 10
- Partial Bathrooms: 1
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: 3,166/SqFt
- Lot: 8,750/SqFt
- Gross: 3,166/SqFt
- Living: 3,166/SqFt
- Building: 3,166/SqFt
- Ground: 1,731/SqFt
- Price Per Square Foot: $38.85
Legal Description
- Description: NSS 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: 35.16424 / -89.994736
- 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
- 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
1882 S Rainbow Dr has no associated ownership info
1882 S Rainbow Dr has no associated ownership info.
Taxes
1882 S Rainbow Dr has 10 associated Taxes items
1882 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 $57,100. The APN we've located for 1882 S Rainbow Dr is 04-1028-0-0008.
Unlock the full reportTax History
1882 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 $57,100 | Land Value $7,875 | Improvement Value $49,225 | Tax Amount $1,535.99 | Change Rate -0.039544% | Assessed CR | Tax Rate +0.0269% |
| Year 2024 | Assessed Value $47,175 | Land Value $2,650 | Improvement Value $44,525 | Tax Amount $1,599.23 | Change Rate | Assessed CR | Tax Rate +0.0339% |
| Year 2023 | Assessed Value $47,175 | Land Value $2,650 | Improvement Value $44,525 | Tax Amount $1,599.23 | Change Rate -0.4435% | Assessed CR | Tax Rate +0.0339% |
| Year 2022 | Assessed Value $47,175 | Land Value $2,650 | Improvement Value $44,525 | Tax Amount $2,873.73 | Change Rate -0.011588% | Assessed CR | Tax Rate +0.060916% |
| Year 2021 | Assessed Value $47,175 | Land Value $2,650 | Improvement Value $44,525 | Tax Amount $2,907.42 | Change Rate +0.193302% | Assessed CR | Tax Rate +0.061631% |
| Year 2020 | Assessed Value $33,625 | Land Value $2,650 | Improvement Value $30,975 | Tax Amount $2,436.45 | Change Rate +1.267224% | Assessed CR | Tax Rate +0.072459% |
| Year 2019 | Assessed Value $33,625 | Land Value $2,650 | Improvement Value $30,975 | Tax Amount $1,074.64 | Change Rate -0.000009% | Assessed CR | Tax Rate +0.03196% |
| Year 2018 | Assessed Value $33,625 | Land Value $2,650 | Improvement Value $30,975 | Tax Amount $1,074.65 | Change Rate -0.023081% | Assessed CR | Tax Rate +0.03196% |
| Year 2017 | Assessed Value $33,625 | Land Value $2,650 | Improvement Value $30,975 | Tax Amount $1,100.04 | Change Rate +0.169086% | Assessed CR | Tax Rate +0.032715% |
| Year 2016 | Assessed Value $27,675 | Land Value | Improvement Value | Tax Amount $940.94 | Change Rate -0.137868% | Assessed CR | Tax Rate +0.034% |
| Year 2014 | Assessed Value $24,975 | Land Value | Improvement Value | Tax Amount $1,091.41 | Change Rate +0.178145% | Assessed CR | Tax Rate +0.0437% |
| Year 2011 | Assessed Value | Land Value | Improvement Value | Tax Amount $926.38 | Change Rate | Assessed CR | Tax Rate |