Sold for $293,000

$293,000

1014 E Rainbow Dr, Memphis, TN 38107

2beds

1,452sqft

Single Family Residence

Built in 1940

7,405 Square Feet Lot

$289,500 Zestimate^®

$202/sqft

$1,145 Estimated rent

Home value

$289,500

$269,000 - $313,000

$1,145/mo

Zestimate^® history

Owner options

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$1,145/mo

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$1,145/mo

Rent Zestimate^®

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$1,838/mo

Est. payment

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$1,838/mo

Est. payment

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What's special

New windowsNew kitchenAttractive homesLuxury primary bathWonderful quiet street

Special financing available: no income limit for 100% loan, reduced rate, and a $5,000 credit. This home has been totally renovated with new kitchen, luxury primary bath and new windows through out. The upstairs is roughed in for a new primary bedroom and bath. New water lines from the street. Roof , HVAC, and all appliances were installed in 2017. This home is on a wonderful quiet street of attractive homes and friendly neighbors. Don't miss this special house.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Rooms

Room types: Office/Sewing Room, Internal Expansion Area, Entry Hall

Primary bedroom

Features: Walk-In Closet(s), Smooth Ceiling, Hardwood Floor
Level: First
Area: 160
Dimensions: 16 x 10

Bedroom 2

Features: Shared Bath, Smooth Ceiling, Hardwood Floor
Level: First
Area: 132
Dimensions: 12 x 11

Primary bathroom

Features: Double Vanity, Separate Shower, Smooth Ceiling, Tile Floor, Full Bath

Kitchen

Features: Updated/Renovated Kitchen, Eat-in Kitchen, Pantry, Washer/Dryer Connections
Area: 152
Dimensions: 19 x 8

Living room

Features: Separate Living Room
Area: 204
Dimensions: 17 x 12

Office

Features: Shared Bath, Tile Floor, Hardwood Floor
Level: First
Area: 105
Dimensions: 15 x 7

Heating

Central, Natural Gas

Cooling

Central Air

Appliances

Included: Gas Water Heater, Range/Oven, Self Cleaning Oven, Gas Cooktop, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Laundry: Laundry Room

Features

All Bedrooms Down, Primary Down, Split Bedroom Plan, Renovated Bathroom, Luxury Primary Bath, Double Vanity Bath, Separate Tub & Shower, Full Bath Down, Smooth Ceiling, Walk-In Closet(s), Living Room, Kitchen, Primary Bedroom, 2nd Bedroom, 2 or More Baths, Laundry Room, Office
Flooring: Part Hardwood, Tile
Windows: Double Pane Windows, Window Treatments
Basement: Crawl Space
Attic: Permanent Stairs
Number of fireplaces: 1
Fireplace features: Masonry, Decorative, Living Room, Glass Doors

Interior area

Total interior livable area: 1,452 sqft

Property

Parking

Total spaces: 1
Parking features: Garage Door Opener, Garage Faces Front
Has garage: Yes
Covered spaces: 1

Features

Stories: 1
Patio & porch: Deck
Exterior features: Sidewalks
Pool features: None
Fencing: Wood,Chain Link,Wood Fence,Chain Fence

Lot

Size: 7,405 Square Feet
Dimensions: 60 x 130
Features: Level

Details

Parcel number: 041029 00156

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Materials

Brick Veneer
Roof: Composition Shingles

Condition

New construction: No
Year built: 1940

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Security: Iron Door(s), Dead Bolt Lock(s), Wrought Iron Security Drs
Subdivision: Colonial Terrace

Location

Region: Memphis

Financial & listing details

Price per square foot: $202/sqft
Tax assessed value: $262,400
Annual tax amount: $2,104
Price range: $293K - $293K
Date on market: 3/1/2025
Cumulative days on market: 11 days
Listing terms: Conventional,FHA,VA Loan

Price history

Date	Event	Price
4/11/2025	Sold	$293,000+1.4%$202/sqft
Source: MAAR #10191012 Report a problem
3/11/2025	Pending sale	$289,000$199/sqft
Source: MAAR #10191012 Report a problem
3/1/2025	Listed for sale	$289,000+442.7%$199/sqft
Source: MAAR #10191012 Report a problem
5/30/2017	Sold	$53,253$37/sqft
Source: MAAR #9999450 Report a problem
4/6/2017	Listed for sale	$53,253$37/sqft
Source: Tate Realty And Construction , Inc #P111GWC Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,458 +52%	$65,600 +89.9%
2024	$2,275 +8.1%	$34,550
2023	$2,105	$34,550
2022	--	$34,550
2021	--	$34,550 +39.2%
2020	$793	$24,825
2019	$793 -21.1%	$24,825
2018	$1,005 -45.1%	$24,825
2017	$1,832 +169.8%	$24,825 +24.3%
2016	$679 -10.5%	$19,975
2014	$759	$19,975
2013	--	$19,975 -16.1%
2012	--	$23,800
2011	--	$23,800
2010	--	$23,800
2009	--	$23,800 +13.7%
2008	--	$20,925
2007	--	$20,925
2006	--	$20,925
2005	--	$20,925 -0.1%
2004	--	$20,950
2003	--	$20,950
2002	--	$20,950
2001	--	$20,950 +35.8%
2000	--	$15,425