1032 E Rainbow Dr Memphis, TN 38107
Hyde Park NeighborhoodEstimated Value: $274,068 - $300,000
4
Beds
2
Baths
2,890
Sq Ft
$100/Sq Ft
Est. Value
About This Home
This home is located at 1032 E Rainbow Dr, Memphis, TN 38107 and is currently estimated at $287,767, approximately $99 per square foot. 1032 E Rainbow Dr is a home located in Shelby County with nearby schools including Vollentine Elementary School, Grandview Heights Middle, and Manassas High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 7, 2025
Sold by
Smith Debra H
Bought by
Golon Alexander and Brooks Abigail
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,500
Outstanding Balance
$244,089
Interest Rate
6.89%
Mortgage Type
Credit Line Revolving
Estimated Equity
$43,678
Purchase Details
Closed on
Jun 18, 2010
Sold by
Tynes Tynes G and Tynes Karen C
Bought by
Smith Debra H
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Golon Alexander | $290,000 | None Listed On Document | |
| Smith Debra H | $129,900 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Golon Alexander | $244,500 |
Source: Public Records
Tax History Compared to Growth
Tax History
| 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 | $975 | $68,400 | $7,875 | $60,525 |
| 2024 | $1,425 | $47,925 | $2,450 | $45,475 |
| 2023 | $2,919 | $47,925 | $2,450 | $45,475 |
| 2022 | $1,275 | $47,925 | $2,450 | $45,475 |
| 2021 | $1,353 | $47,925 | $2,450 | $45,475 |
| 2020 | $2,471 | $34,100 | $2,450 | $31,650 |
| 2019 | $2,471 | $34,100 | $2,450 | $31,650 |
| 2018 | $2,471 | $34,100 | $2,450 | $31,650 |
| 2017 | $1,402 | $34,100 | $2,450 | $31,650 |
| 2016 | $1,190 | $27,225 | $0 | $0 |
| 2014 | $1,190 | $27,225 | $0 | $0 |
Source: Public Records
Map
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