Taxes
- Assessed Value: $42,425
- Assessed Year: 2025
- Assessed County: Shelby
- APN: 04-1029-0-0153
- Assessed Land Value: 7875
- Market Land Value: 31500
- Tax Amount: 1141.23
- Tax Year: 2025
- Market Value: 169700
- Market Year: 2025
996 E Rainbow Dr; Memphis, TN Property Details
Off market
996 E Rainbow Dr Memphis, TN 38107
$180,000 Listing Price
2 Beds
1 Baths
1,903 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1940
- Purchase Price: $180,000
- Open Loans / Balance: 1 / $143,311
- Est. Equity / %: $45,689 / 24.17%
- Gross Yield: 11.333%
- APN: 04-1029-0-0153
- Situs County: Shelby
- Length Of Ownership: 11 months
Rooms
- Bedrooms: 2
- Bathrooms: 1
- Full Bathrooms: 1
- 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: 1,903/SqFt
- Lot: 7,800/SqFt
- Gross: 1,903/SqFt
- Garage: 360/SqFt
- Living: 1,903/SqFt
- Building: 1,903/SqFt
- Ground: 1,149/SqFt
- Garage Unfinished: 360/SqFt
- Price Per Square Foot: $94.59
Legal Description
- Description: ES EAST 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: 35.16454 / -89.99394
- Subdivision: Colonial Terrace
- Property Class: Residential
- Zoning: R-6
- County Use Code: 062
Amenities
- Heating Fuel Type: Gas
- Plus Four: 3110
- Bathroom Fixtures: 3
- 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
996 E Rainbow Dr has no associated ownership info
996 E Rainbow Dr has no associated ownership info.
Taxes
996 E Rainbow Dr has 10 associated Taxes items
996 E 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 $42,425. The APN we've located for 996 E Rainbow Dr is 04-1029-0-0153.
Unlock the full reportTax History
996 E 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 $42,425 | Land Value $7,875 | Improvement Value $34,550 | Tax Amount $1,141.23 | Change Rate -0.034018% | Assessed CR | Tax Rate +0.0269% |
| Year 2024 | Assessed Value $34,850 | Land Value $2,500 | Improvement Value $32,350 | Tax Amount $1,181.42 | Change Rate | Assessed CR | Tax Rate +0.0339% |
| Year 2023 | Assessed Value $34,850 | Land Value $2,500 | Improvement Value $32,350 | Tax Amount $1,181.42 | Change Rate -0.443498% | Assessed CR | Tax Rate +0.0339% |
| Year 2022 | Assessed Value $34,850 | Land Value $2,500 | Improvement Value $32,350 | Tax Amount $2,122.94 | Change Rate -0.011593% | Assessed CR | Tax Rate +0.060916% |
| Year 2021 | Assessed Value $34,850 | Land Value $2,500 | Improvement Value $32,350 | Tax Amount $2,147.84 | Change Rate +1.669484% | Assessed CR | Tax Rate +0.061631% |
| Year 2020 | Assessed Value $25,175 | Land Value $2,500 | Improvement Value $22,675 | Tax Amount $804.59 | Change Rate | Assessed CR | Tax Rate +0.03196% |
| Year 2019 | Assessed Value $25,175 | Land Value $2,500 | Improvement Value $22,675 | Tax Amount $804.59 | Change Rate -0.210869% | Assessed CR | Tax Rate +0.03196% |
| Year 2018 | Assessed Value $25,175 | Land Value $2,500 | Improvement Value $22,675 | Tax Amount $1,019.59 | Change Rate +0.237967% | Assessed CR | Tax Rate +0.0405% |
| Year 2017 | Assessed Value $25,175 | Land Value $2,500 | Improvement Value $22,675 | Tax Amount $823.6 | Change Rate +0.199167% | Assessed CR | Tax Rate +0.032715% |
| Year 2016 | Assessed Value $20,200 | Land Value | Improvement Value | Tax Amount $686.81 | Change Rate -0.221957% | Assessed CR | Tax Rate +0.034% |
| Year 2014 | Assessed Value $20,200 | Land Value | Improvement Value | Tax Amount $882.74 | Change Rate +0.098482% | Assessed CR | Tax Rate +0.0437% |
| Year 2011 | Assessed Value | Land Value | Improvement Value | Tax Amount $803.6 | Change Rate | Assessed CR | Tax Rate |