Taxes
- Assessed Value: $57,650
- Assessed Year: 2025
- Assessed County: Shelby
- APN: 04-1029-0-0146
- Assessed Land Value: 7875
- Market Land Value: 31500
- Tax Amount: 1550.79
- Tax Year: 2025
- Market Value: 230600
- Market Year: 2025
1887 S Rainbow Dr; Memphis, TN Property Details
Off market
1887 S Rainbow Dr Memphis, TN 38107
$57,650 Estimated Value
3 Beds
3 Baths
2,211 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1940
- Purchase Price: $30,000
- Open Loans / Balance: 1 / $155,536
- Est. Equity / %: $143,464 / 47.98%
- Gross Yield: 7.766%
- APN: 04-1029-0-0146
- Situs County: Shelby
- Length Of Ownership: 8 years, 9 months
Rooms
- Bedrooms: 3
- Bathrooms: 3
- Full Bathrooms: 3
- Total Rooms: 6
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: 2,211/SqFt
- Lot: 9,625/SqFt
- Gross: 2,211/SqFt
- Garage: 180/SqFt
- Living: 2,211/SqFt
- Building: 2,211/SqFt
- Ground: 1,320/SqFt
- Garage Unfinished: 180/SqFt
- Price Per Square Foot: $13.57
Legal Description
- Description: E PT 45 SS SOUTH RAINBOW DR 290 FT E OF MCLEAN
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: 35.163734 / -89.99466
- Subdivision: Colonial Terrace
- Property Class: Residential
- Zoning: R-6
- County Use Code: 062
Amenities
- Heating Fuel Type: Gas
- Plus Four: 3114
- 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
1887 S Rainbow Dr has no associated ownership info
1887 S Rainbow Dr has no associated ownership info.
Taxes
1887 S Rainbow Dr has 10 associated Taxes items
1887 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 $57,650. The APN we've located for 1887 S Rainbow Dr is 04-1029-0-0146.
Unlock the full reportTax History
1887 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 $57,650 | Land Value $7,875 | Improvement Value $49,775 | Tax Amount $1,550.79 | Change Rate -0.091889% | Assessed CR | Tax Rate +0.0269% |
| Year 2024 | Assessed Value $50,375 | Land Value $2,800 | Improvement Value $47,575 | Tax Amount $1,707.71 | Change Rate | Assessed CR | Tax Rate +0.0339% |
| Year 2023 | Assessed Value $50,375 | Land Value $2,800 | Improvement Value $47,575 | Tax Amount $1,707.71 | Change Rate -0.4435% | Assessed CR | Tax Rate +0.0339% |
| Year 2022 | Assessed Value $50,375 | Land Value $2,800 | Improvement Value $47,575 | Tax Amount $3,068.66 | Change Rate -0.011589% | Assessed CR | Tax Rate +0.060916% |
| Year 2021 | Assessed Value $50,375 | Land Value $2,800 | Improvement Value $47,575 | Tax Amount $3,104.64 | Change Rate +0.088851% | Assessed CR | Tax Rate +0.061631% |
| Year 2020 | Assessed Value $39,350 | Land Value $2,800 | Improvement Value $36,550 | Tax Amount $2,851.3 | Change Rate +1.267219% | Assessed CR | Tax Rate +0.07246% |
| Year 2019 | Assessed Value $39,350 | Land Value $2,800 | Improvement Value $36,550 | Tax Amount $1,257.62 | Change Rate -0.000008% | Assessed CR | Tax Rate +0.03196% |
| Year 2018 | Assessed Value $39,350 | Land Value $2,800 | Improvement Value $36,550 | Tax Amount $1,257.63 | Change Rate -0.023071% | Assessed CR | Tax Rate +0.03196% |
| Year 2017 | Assessed Value $39,350 | Land Value $2,800 | Improvement Value $36,550 | Tax Amount $1,287.33 | Change Rate +0.371835% | Assessed CR | Tax Rate +0.032715% |
| Year 2016 | Assessed Value $27,600 | Land Value | Improvement Value | Tax Amount $938.4 | Change Rate -0.221968% | Assessed CR | Tax Rate +0.034% |
| Year 2014 | Assessed Value $27,600 | Land Value | Improvement Value | Tax Amount $1,206.12 | Change Rate +0.403428% | Assessed CR | Tax Rate +0.0437% |
| Year 2011 | Assessed Value | Land Value | Improvement Value | Tax Amount $859.41 | Change Rate | Assessed CR | Tax Rate |