Taxes
- Assessed Value: $81,425
- Assessed Year: 2025
- Assessed County: Shelby
- APN: 04-1027-0-0005
- Assessed Land Value: 7875
- Market Land Value: 31500
- Tax Amount: 2098.2
- Tax Year: 2025
- Market Value: 325700
- Market Year: 2025
1883 N Rainbow Dr; Memphis, TN Property Details
Off market
1883 N Rainbow Dr Memphis, TN 38107
$312,000 Listing Price
3 Beds
2.5 Baths
3,039 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 2 / Related
- Owner Status: Related
- Year Built: 1942
- Purchase Price: $312,000
- Open Loans / Balance: 1 / $290,141
- Est. Equity / %: $19,859 / 6.41%
- Gross Yield: 10.479%
- APN: 04-1027-0-0005
- Situs County: Shelby
- Length Of Ownership: 2 years, 3 months
Rooms
- Bedrooms: 3
- Bathrooms: 2.5
- Full Bathrooms: 2
- Total Rooms: 7
- Partial Bathrooms: 1
Structure
- Building Style: Frame
- Stories: 1.5
- Exterior Wall Type: Composition/Composite
- Building Condition: Average
- Building Quality: D
- Roof Type: Gable
- Roof Cover Type: Composition Shingle
- Deck: true
Measurements
- Total: 3,039/SqFt
- Lot: 10,206/SqFt
- Gross: 3,622/SqFt
- Garage: 463/SqFt
- Living: 3,039/SqFt
- Building: 3,502/SqFt
- Ground: 2,039/SqFt
- Price Per Square Foot: $102.67
Legal Description
- Description: SS NORTH RAINBOW DR COR EAST RAINBOW DR SW
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: 35.165417 / -89.994484
- Subdivision: Colonial Terrace
- Property Class: Residential
- Zoning: R-6
- County Use Code: 062
Amenities
- Heating Fuel Type: Gas
- Plus Four: 3112
- Bathroom Fixtures: 8
- Cooling: Central
- 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
1883 N Rainbow Dr has no associated ownership info
1883 N Rainbow Dr has no associated ownership info.
Taxes
1883 N Rainbow Dr has 10 associated Taxes items
1883 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 $81,425. The APN we've located for 1883 N Rainbow Dr is 04-1027-0-0005.
Unlock the full reportTax History
1883 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 $81,425 | Land Value $7,875 | Improvement Value $73,550 | Tax Amount $2,098.2 | Change Rate +0.186839% | Assessed CR | Tax Rate +0.025768% |
| Year 2024 | Assessed Value $52,150 | Land Value $2,900 | Improvement Value $49,250 | Tax Amount $1,767.89 | Change Rate | Assessed CR | Tax Rate +0.0339% |
| Year 2023 | Assessed Value $52,150 | Land Value $2,900 | Improvement Value $49,250 | Tax Amount $1,767.89 | Change Rate -0.443498% | Assessed CR | Tax Rate +0.0339% |
| Year 2022 | Assessed Value $52,150 | Land Value $2,900 | Improvement Value $49,250 | Tax Amount $3,176.79 | Change Rate -0.011587% | Assessed CR | Tax Rate +0.060916% |
| Year 2021 | Assessed Value $52,150 | Land Value $2,900 | Improvement Value $49,250 | Tax Amount $3,214.03 | Change Rate +0.226996% | Assessed CR | Tax Rate +0.06163% |
| Year 2020 | Assessed Value $36,150 | Land Value $2,900 | Improvement Value $33,250 | Tax Amount $2,619.43 | Change Rate +1.267218% | Assessed CR | Tax Rate +0.07246% |
| Year 2019 | Assessed Value $36,150 | Land Value $2,900 | Improvement Value $33,250 | Tax Amount $1,155.35 | Change Rate | Assessed CR | Tax Rate +0.03196% |
| Year 2018 | Assessed Value $36,150 | Land Value $2,900 | Improvement Value $33,250 | Tax Amount $1,155.35 | Change Rate -0.023075% | Assessed CR | Tax Rate +0.03196% |
| Year 2017 | Assessed Value $36,150 | Land Value $2,900 | Improvement Value $33,250 | Tax Amount $1,182.64 | Change Rate +0.202554% | Assessed CR | Tax Rate +0.032715% |
| Year 2016 | Assessed Value $28,925 | Land Value | Improvement Value | Tax Amount $983.44 | Change Rate -0.221974% | Assessed CR | Tax Rate +0.034% |
| Year 2014 | Assessed Value $28,925 | Land Value | Improvement Value | Tax Amount $1,264.02 | Change Rate +0.379904% | Assessed CR | Tax Rate +0.0437% |
| Year 2011 | Assessed Value | Land Value | Improvement Value | Tax Amount $916.02 | Change Rate | Assessed CR | Tax Rate |