NOT LISTED FOR SALE

1014 E Rainbow Dr Memphis, TN 38107

Hyde Park Neighborhood

Estimated Value: $255,000 - $307,000

2 Beds
2 Baths
1,400-1,599 Sq Ft
$172/Sq Ft Est. Value

Sale Details

Date Sold: April 11, 2025

Last sale price $293,000 $183 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $1,628 / mo

11 Days on Market

Highlights

  • Updated Kitchen
  • Traditional Architecture
  • Home Office
  • Deck
  • Wood Flooring
  • 1 Car Attached Garage

About This Home

As of April 2025

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.

Last Agent to Sell the Property

Linda Sowell

Sowell, Realtors License #50660 Listed on: 02/28/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60x130
  • Wood Fence
  • Chain Link Fence
  • Level Lot

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,452 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Decorative Fireplace
  • Fireplace With Glass Doors
  • Fireplace Features Masonry
  • Double Pane Windows
  • Window Treatments
  • Entrance Foyer
  • Living Room with Fireplace
  • Home Office
  • Permanent Attic Stairs

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Termite Clearance
  • Iron Doors

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Colonial Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 041029 00156

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Monticello Dr.
  • MAAR Subdivision Name: VOLLINTINE EVERGREEN
  • Historic District: Vollintine-Evergreen
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1452
  • Termite Contract: Yes
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Kitchen, Primary Bedroom, 2nd Bedroom, 2 or More Baths, Laundry Room, Office
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Split Bedroom Plan, Renovated Bathroom, Luxury Primary Bath, Double Vanity Bath, Separate Tub & Shower, Full Bath Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Fireplace: Masonry, Decorative Only, In Living Room, Glass Doors
  • Floors/Ceilings: Part Hardwood, Tile, Smooth Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Self Cleaning Oven, Gas Cooking, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Living Dining Kitchen: Separate Living Room, Updated/Renovated Kitchen, Eat-In Kitchen, Pantry, Washer/Dryer Connections
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Permanent Attic Stairs
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Office/Sewing Room, Internal Expansion Area, Entry Hall
  • Primary Bathroom Description: Double Sinks, Separate Shower, Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Deck, Wood Fence, Chain Fence, Sidewalks
  • Exterior Windows: Brick Veneer, Double Pane Window(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 1
  • Parking Display: G1A
  • Parking Storage: Garage Door Opener(s), Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Security: Iron Door(s), Dead Bolt Lock(s)
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Level, Wood Fenced, Chain Fenced
  • Lot Number: 34
  • Acreage: 0.17
  • Lot Size: 60X130
  • Geo Subdivision: TN

Tax Info

  • Assessor Parcel Number: 041029 00156

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2025
Closed on
Apr 11, 2025
Sold by
Bought by
Seller's Agent
Linda Sowell
Sowell, Realtors
List Price
$289,000
Sold Price
$293,000
Premium/Discount to List
$4,000
1.38%
Views
6
Current Estimated Value
$274,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,244
Avg. Annual Appreciation
-5.22%
Original Mortgage
$302,669
Outstanding Balance
$301,326
Interest Rate
6.65%
Mortgage Type
VA
Estimated Equity
-$26,570

Purchase Details

Listed on
Apr 4, 2017
Closed on
Apr 21, 2017
Sold by
Bought by
Seller's Agent
Carol Tate
Tate Realty and Construction
Buyer's Agent
Christine Mcbee
Crye-Leike, Inc., REALTORS
List Price
$53,253
Sold Price
$53,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.19%
Original Mortgage
$121,598
Interest Rate
3.97%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$293,000 None Listed On Document
$63,000 Skw Title Co Llc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $302,669
Previous Owner $121,598
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/11/2025 04/11/25 Sold $293,000 +1.4% $209 / Sq Ft
03/11/2025 03/11/25 Pending -- -- --
02/28/2025 02/28/25 For Sale $289,000 +442.7% $206 / Sq Ft
05/30/2017 05/30/17 Sold $53,253 0.0% $38 / Sq Ft View Prior Sale
04/21/2017 04/21/17 Pending -- -- --
04/04/2017 04/04/17 For Sale $53,253 -- $38 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,765 $65,600 $7,875 $57,725
2024 $1,171 $34,550 $2,500 $32,050
2023 $2,105 $34,550 $2,500 $32,050
2022 $2,105 $34,550 $2,500 $32,050
2021 $2,129 $34,550 $2,500 $32,050
2020 $1,799 $24,825 $2,500 $22,325
2019 $1,799 $24,825 $2,500 $22,325
2018 $1,799 $24,825 $2,500 $22,325
2017 $1,020 $24,825 $2,500 $22,325
2016 $873 $19,975 $0 $0
2014 $873 $19,975 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Linda Sowell

    Seller's Agent in 2025

    Linda Sowell

    Sowell, Realtors

    (901) 277-4380

    6 in this area

    184 Total Sales

    Linda Sowell
    Section Image

  • C

    Seller's Agent in 2017

    Carol Tate

    Tate Realty and Construction

    (901) 458-4663

    28 Total Sales

    Carol Tate
    Section Image

  • C

    Buyer's Agent in 2017

    Christine Mcbee

    Crye-Leike

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10191012

Memphis Area Association of REALTORS®

APN: 04-1029-0-0156

Tennessee Shelby County Memphis 38107 Hyde Park

1014 E Rainbow Dr, Memphis, TN

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