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$295,000

1026 E Rainbow Dr, Memphis, TN 38107

4beds

--sqft

Single Family Residence, Residential

Built in 1942

8,276 Square Feet Lot

$288,800 Zestimate^®

$--/sqft

$1,906 Estimated rent

Home value

$288,800

$269,000 - $309,000

$1,906/mo

Zestimate^® history

Owner options

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$1,906/mo

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$1,906/mo

Rent Zestimate^®

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$1,850/mo

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$1,850/mo

Est. payment

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What's special

Why rent when you can buy?! From the long gated driveway, to the spacious sunroom, this home truly has something for everyone. This exquisite dwelling features three full bathrooms, massive living spaces, and a sizeable dethatched workshop. Nestled within a historic community, this property offers a unique blend of charm and security. Whether you are looking for proximity to Rhodes College, or simply a place with plenty of parking, don't miss your chance to make this place home today. Call ASAP!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 3

Bedroom 3

Features: Walk-In Closet(s)
Level: Walk-In Closet(s)

Bedroom 4

Features: Walk-In Closet(s)
Level: Walk-In Closet(s)

Heating

Central

Cooling

Central Air

Appliances

Included: Dishwasher

Features

Walk-In Closet(s), Pantry
Flooring: Wood
Basement: Other
Number of fireplaces: 1
Fireplace features: Gas

Property

Parking

Total spaces: 4
Parking features: Garage Faces Front, Parking Pad
Attached garage spaces: 4
Has uncovered spaces: Yes

Features

Levels: Three Or More
Stories: 2
Patio & porch: Patio, Covered, Deck

Lot

Size: 8,276 Square Feet
Dimensions: 60 x 130

Details

Parcel number: 041029 00183
Special conditions: Standard

Construction

Type & style

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

Materials

Roof: Shingle

Condition

New construction: No
Year built: 1942

Utilities & green energy

Sewer: Other
Water: Other

Community & HOA

Community

Security: Security Gate, Smoke Detector(s)
Subdivision: Colonial Terrance

HOA

Has HOA: No

Location

Region: Memphis

Financial & listing details

Tax assessed value: $275,700
Annual tax amount: $3,324
Date on market: 10/6/2023

Price history

Date	Event	Price
11/22/2023	Sold	$295,000-1.6%
Source: RealTracs MLS as distributed by MLS GRID #3048347 Report a problem
10/6/2023	Pending sale	$299,901
Source: MAAR #10157180 Report a problem
9/25/2023	Contingent	$299,901
Source: MAAR #10157180 Report a problem
9/21/2023	Price change	$299,901-6.5%
Source: MAAR #10157180 Report a problem
9/15/2023	Listed for sale	$320,901+78.4%
Source: MAAR #10156852 Report a problem
7/21/2023	Sold	$179,900+15.3%
Source: Public Record Report a problem
5/13/2023	Listing removed	--
Source: Zillow Rentals Report a problem
4/28/2023	Listed for rent	$1,700+6.3%
Source: Zillow Rentals Report a problem
7/1/2015	Sold	$156,000-1%
Source: MAAR #9951511 Report a problem
5/8/2015	Listed for sale	$157,500+11.7%
Source: RE/MAX REAL ESTATE EXPERTS #9951511 Report a problem
2/25/2013	Listing removed	$1,600
Source: Owner Report a problem
12/27/2012	Listed for rent	$1,600
Source: Owner Report a problem
4/8/2009	Sold	$141,000+605%
Source: Public Record Report a problem
3/15/2005	Sold	$20,000-56.4%
Source: Public Record Report a problem
8/23/2000	Sold	$45,900-51.7%
Source: Public Record Report a problem
5/28/1997	Sold	$95,000
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,633 +1.1%	$68,925 +26.3%
2024	$3,594 +8.1%	$54,575
2023	$3,325	$54,575
2022	--	$54,575
2021	--	$54,575 +40%
2020	$1,246	$38,975
2019	$1,246 -21.1%	$38,975
2018	$1,578 -45.1%	$38,975
2017	$2,877 +200.9%	$38,975 +38.6%
2016	$956 -5.9%	$28,125
2014	$1,016	$28,125
2013	--	$28,125 -11.8%
2012	--	$31,875
2011	--	$31,875
2010	--	$31,875
2009	--	$31,875 +21.1%
2008	--	$26,325
2007	--	$26,325
2006	--	$26,325
2005	--	$26,325
2004	--	$26,325
2003	--	$26,325
2002	--	$26,325
2001	--	$26,325 +42.9%
2000	--	$18,425