Taxes
- Assessed Value: $62,950
- Assessed Year: 2025
- Assessed County: Shelby
- APN: 04-1029-0-0161
- Assessed Land Value: 7875
- Market Land Value: 31500
- Tax Amount: 1693.36
- Tax Year: 2025
- Market Value: 251800
- Market Year: 2025
1888 N Rainbow Dr; Memphis, TN Property Details
Off market
1888 N Rainbow Dr Memphis, TN 38107
$167,500 Listing Price
4 Beds
2.5 Baths
2,635 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1938
- Purchase Price: $167,500
- Open Loans / Balance: 1 / $139,622
- Est. Equity / %: $145,378 / 51.01%
- Gross Yield: 8.261%
- APN: 04-1029-0-0161
- Situs County: Shelby
- Length Of Ownership: 8 years
Rooms
- Bedrooms: 4
- Bathrooms: 2.5
- Full Bathrooms: 2
- Total Rooms: 8
- Partial Bathrooms: 1
Structure
- Stories: 1.75
- Exterior Wall Type: Brick veneer
- Building Condition: Average
- Building Quality: D
- Roof Type: Gable
- Roof Cover Type: Composition Shingle
Measurements
- Total: 2,635/SqFt
- Lot: 14,080/SqFt
- Gross: 2,875/SqFt
- Garage: 240/SqFt
- Living: 2,635/SqFt
- Building: 2,875/SqFt
- Ground: 1,555/SqFt
- Price Per Square Foot: $63.57
Legal Description
- Description: PTS 95-96 GREENBRIER S/D NS 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: 35.16592 / -89.994194
- Subdivision: Colonial Terrace
- Property Class: Residential
- Zoning: R-6
- County Use Code: 062
Amenities
- Heating Fuel Type: Gas
- Plus Four: 3111
- Bathroom Fixtures: 8
- Cooling: Central
- Fireplaces: 1
- Garage: Attached Garage
- Heating: Central
- Parking: 1
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
1888 N Rainbow Dr has no associated ownership info
1888 N Rainbow Dr has no associated ownership info.
Taxes
1888 N Rainbow Dr has 10 associated Taxes items
1888 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 $62,950. The APN we've located for 1888 N Rainbow Dr is 04-1029-0-0161.
Unlock the full reportTax History
1888 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 $62,950 | Land Value $7,875 | Improvement Value $55,075 | Tax Amount $1,693.36 | Change Rate +0.017345% | Assessed CR | Tax Rate +0.0269% |
| Year 2024 | Assessed Value $49,100 | Land Value $3,550 | Improvement Value $45,550 | Tax Amount $1,664.49 | Change Rate | Assessed CR | Tax Rate +0.0339% |
| Year 2023 | Assessed Value $49,100 | Land Value $3,550 | Improvement Value $45,550 | Tax Amount $1,664.49 | Change Rate -0.443501% | Assessed CR | Tax Rate +0.0339% |
| Year 2022 | Assessed Value $49,100 | Land Value $3,550 | Improvement Value $45,550 | Tax Amount $2,991 | Change Rate -0.011586% | Assessed CR | Tax Rate +0.060916% |
| Year 2021 | Assessed Value $49,100 | Land Value $3,550 | Improvement Value $45,550 | Tax Amount $3,026.06 | Change Rate +0.229191% | Assessed CR | Tax Rate +0.061631% |
| Year 2020 | Assessed Value $33,975 | Land Value $3,550 | Improvement Value $30,425 | Tax Amount $2,461.83 | Change Rate +1.267192% | Assessed CR | Tax Rate +0.07246% |
| Year 2019 | Assessed Value $33,975 | Land Value $3,550 | Improvement Value $30,425 | Tax Amount $1,085.85 | Change Rate +0.000018% | Assessed CR | Tax Rate +0.03196% |
| Year 2018 | Assessed Value $33,975 | Land Value $3,550 | Improvement Value $30,425 | Tax Amount $1,085.83 | Change Rate -0.023077% | Assessed CR | Tax Rate +0.03196% |
| Year 2017 | Assessed Value $33,975 | Land Value $3,550 | Improvement Value $30,425 | Tax Amount $1,111.48 | Change Rate +0.195268% | Assessed CR | Tax Rate +0.032715% |
| Year 2016 | Assessed Value $27,350 | Land Value | Improvement Value | Tax Amount $929.9 | Change Rate -0.221971% | Assessed CR | Tax Rate +0.034% |
| Year 2014 | Assessed Value $27,350 | Land Value | Improvement Value | Tax Amount $1,195.2 | Change Rate +0.268345% | Assessed CR | Tax Rate +0.0437% |
| Year 2011 | Assessed Value | Land Value | Improvement Value | Tax Amount $942.33 | Change Rate | Assessed CR | Tax Rate |