Taxes
- Assessed Value: $58,150
- Assessed Year: 2025
- Assessed County: Shelby
- APN: 04-1029-0-0148
- Assessed Land Value: 7875
- Market Land Value: 31500
- Tax Amount: 1564.24
- Tax Year: 2025
- Market Value: 232600
- Market Year: 2025
1897 S Rainbow Dr; Memphis, TN Property Details
Off market
1897 S Rainbow Dr Memphis, TN 38107
$247,500 Listing Price
3 Beds
2 Baths
1,884 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 2 / Multiple
- Owner Status: Multiple
- Year Built: 1941
- Purchase Price: $247,500
- Open Loans / Balance: 1 / $239,746
- Est. Equity / %: $38,254 / 13.76%
- Gross Yield: 8.922%
- APN: 04-1029-0-0148
- Situs County: Shelby
- Length Of Ownership: 2 years, 7 months
Rooms
- Bedrooms: 3
- Bathrooms: 2
- Full Bathrooms: 2
- Total Rooms: 7
Structure
- Stories: 1.5
- Exterior Wall Type: Siding (Alum/Vinyl)
- Building Condition: Average
- Building Quality: D
- Roof Type: Gable
- Roof Cover Type: Composition Shingle
Measurements
- Total: 1,884/SqFt
- Lot: 9,250/SqFt
- Gross: 2,454/SqFt
- Garage: 570/SqFt
- Living: 1,884/SqFt
- Building: 2,454/SqFt
- Ground: 1,170/SqFt
- Price Per Square Foot: $131.37
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: 35.163635 / -89.99411
- Subdivision: Colonial Terrace
- Property Class: Residential
- Zoning: R-6
- County Use Code: 062
Amenities
- Heating Fuel Type: Gas
- Plus Four: 3114
- Bathroom Fixtures: 6
- 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
1897 S Rainbow Dr has no associated ownership info
1897 S Rainbow Dr has no associated ownership info.
Taxes
1897 S Rainbow Dr has 10 associated Taxes items
1897 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 $58,150. The APN we've located for 1897 S Rainbow Dr is 04-1029-0-0148.
Unlock the full reportTax History
1897 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 $58,150 | Land Value $7,875 | Improvement Value $50,275 | Tax Amount $1,564.24 | Change Rate +0.257296% | Assessed CR | Tax Rate +0.0269% |
| Year 2024 | Assessed Value $36,700 | Land Value $2,725 | Improvement Value $33,975 | Tax Amount $1,244.13 | Change Rate | Assessed CR | Tax Rate +0.0339% |
| Year 2023 | Assessed Value $36,700 | Land Value $2,725 | Improvement Value $33,975 | Tax Amount $1,244.13 | Change Rate -0.443499% | Assessed CR | Tax Rate +0.0339% |
| Year 2022 | Assessed Value $36,700 | Land Value $2,725 | Improvement Value $33,975 | Tax Amount $2,235.63 | Change Rate -0.011588% | Assessed CR | Tax Rate +0.060916% |
| Year 2021 | Assessed Value $36,700 | Land Value $2,725 | Improvement Value $33,975 | Tax Amount $2,261.84 | Change Rate +0.181272% | Assessed CR | Tax Rate +0.061631% |
| Year 2020 | Assessed Value $26,425 | Land Value $2,725 | Improvement Value $23,700 | Tax Amount $1,914.75 | Change Rate +1.267237% | Assessed CR | Tax Rate +0.07246% |
| Year 2019 | Assessed Value $26,425 | Land Value $2,725 | Improvement Value $23,700 | Tax Amount $844.53 | Change Rate | Assessed CR | Tax Rate +0.03196% |
| Year 2018 | Assessed Value $26,425 | Land Value $2,725 | Improvement Value $23,700 | Tax Amount $844.53 | Change Rate -0.023089% | Assessed CR | Tax Rate +0.03196% |
| Year 2017 | Assessed Value $26,425 | Land Value $2,725 | Improvement Value $23,700 | Tax Amount $864.49 | Change Rate +0.196526% | Assessed CR | Tax Rate +0.032715% |
| Year 2016 | Assessed Value $21,250 | Land Value | Improvement Value | Tax Amount $722.5 | Change Rate -0.221972% | Assessed CR | Tax Rate +0.034% |
| Year 2014 | Assessed Value $21,250 | Land Value | Improvement Value | Tax Amount $928.63 | Change Rate +0.34197% | Assessed CR | Tax Rate +0.0437% |
| Year 2011 | Assessed Value | Land Value | Improvement Value | Tax Amount $691.99 | Change Rate | Assessed CR | Tax Rate |