Taxes
- Assessed Value: $74,875
- Assessed Year: 2025
- Assessed County: Shelby
- APN: 04-1029-0-0147
- Assessed Land Value: 7875
- Market Land Value: 31500
- Tax Amount: 2014.14
- Tax Year: 2025
- Market Value: 299500
- Market Year: 2025
1893 S Rainbow Dr; Memphis, TN Property Details
Off market
1893 S Rainbow Dr Memphis, TN 38107
$305,000 Listing Price
3 Beds
2.5 Baths
3,120 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 2 / Multiple
- Owner Status: Multiple
- Year Built: 1940
- Purchase Price: $305,000
- Open Loans / Balance: 1 / $251,062
- Est. Equity / %: $64,938 / 20.55%
- Gross Yield: 9.292%
- APN: 04-1029-0-0147
- Situs County: Shelby
- Length Of Ownership: 5 years, 2 months
Rooms
- Bedrooms: 3
- Bathrooms: 2.5
- Full Bathrooms: 2
- Total Rooms: 8
- Partial Bathrooms: 1
Structure
- Building Style: Frame
- Stories: 1.25
- Exterior Wall Type: Composition/Composite
- Building Condition: Average
- Building Quality: A
- Roof Type: Gable
- Roof Cover Type: Composition Shingle
Measurements
- Total: 3,120/SqFt
- Lot: 7,128/SqFt
- Gross: 3,120/SqFt
- Living: 3,120/SqFt
- Building: 3,120/SqFt
- Ground: 1,560/SqFt
- Price Per Square Foot: $97.76
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: 35.16373 / -89.99437
- Subdivision: Colonial Terrace
- Property Class: Residential
- Zoning: R-6
- County Use Code: 062
Amenities
- Heating Fuel Type: Gas
- Plus Four: 3114
- 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
1893 S Rainbow Dr has no associated ownership info
1893 S Rainbow Dr has no associated ownership info.
Taxes
1893 S Rainbow Dr has 10 associated Taxes items
1893 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 $74,875. The APN we've located for 1893 S Rainbow Dr is 04-1029-0-0147.
Unlock the full reportTax History
1893 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 $74,875 | Land Value $7,875 | Improvement Value $67,000 | Tax Amount $2,014.14 | Change Rate +0.264806% | Assessed CR | Tax Rate +0.0269% |
| Year 2024 | Assessed Value $46,975 | Land Value $2,375 | Improvement Value $44,600 | Tax Amount $1,592.45 | Change Rate | Assessed CR | Tax Rate +0.0339% |
| Year 2023 | Assessed Value $46,975 | Land Value $2,375 | Improvement Value $44,600 | Tax Amount $1,592.45 | Change Rate -0.443501% | Assessed CR | Tax Rate +0.0339% |
| Year 2022 | Assessed Value $46,975 | Land Value $2,375 | Improvement Value $44,600 | Tax Amount $2,861.55 | Change Rate -0.011589% | Assessed CR | Tax Rate +0.060916% |
| Year 2021 | Assessed Value $46,975 | Land Value $2,375 | Improvement Value $44,600 | Tax Amount $2,895.1 | Change Rate +0.051437% | Assessed CR | Tax Rate +0.061631% |
| Year 2020 | Assessed Value $38,000 | Land Value $2,375 | Improvement Value $35,625 | Tax Amount $2,753.47 | Change Rate +1.267238% | Assessed CR | Tax Rate +0.07246% |
| Year 2019 | Assessed Value $38,000 | Land Value $2,375 | Improvement Value $35,625 | Tax Amount $1,214.46 | Change Rate -0.000008% | Assessed CR | Tax Rate +0.031959% |
| Year 2018 | Assessed Value $38,000 | Land Value $2,375 | Improvement Value $35,625 | Tax Amount $1,214.47 | Change Rate +0.160085% | Assessed CR | Tax Rate +0.03196% |
| Year 2017 | Assessed Value $32,000 | Land Value $2,375 | Improvement Value $29,625 | Tax Amount $1,046.88 | Change Rate +0.203947% | Assessed CR | Tax Rate +0.032715% |
| Year 2016 | Assessed Value $25,575 | Land Value | Improvement Value | Tax Amount $869.54 | Change Rate -0.221979% | Assessed CR | Tax Rate +0.034% |
| Year 2014 | Assessed Value $25,575 | Land Value | Improvement Value | Tax Amount $1,117.63 | Change Rate +0.192088% | Assessed CR | Tax Rate +0.0437% |
| Year 2011 | Assessed Value | Land Value | Improvement Value | Tax Amount $937.54 | Change Rate | Assessed CR | Tax Rate |