Seller's Agent in 2026
Hannah Smith
Bluff City Realty Group, LLC
(901) 210-7054
3 in this area
135 Total Sales
1038 E Rainbow Dr Memphis, TN 38107
Hyde Park Neighborhood
4
Beds
2.5
Baths
2,325
Sq Ft
8,276
Sq Ft Lot Lot
Highlights
- Updated Kitchen
- Wood Flooring
- Attic
- Traditional Architecture
- Main Floor Primary Bedroom
- Loft
About This Home
As of June 2026Perfect Midtown Home - All the updates have been done and so close to Rhodes! Refinished hardwood floors, Updated kitchen with newer appliances, that stay! new cabinets and granite countertops. New lighting throughout. All 3 bathrooms have been redone - new vanities, toilets and shower/tub. Plantation shutters in Great room. Semi Open Floor plan with Dining room as the hub for all your gatherings. Gorgeous sunroom/office space overlooking the huge, private backyard. 2 bedrooms 2.5 baths down and 2 XL bedrooms, 1 bathroom and loft bonus room upstairs. 1 car garage with a doublewide drive in this cove like street. Roof, HVAC & Water heater all replaced in '20/21. 100% financing available with Cadence Bank!
Last Agent to Sell the Property
Bluff City Realty Group, LLC License #307528 Listed on: 05/02/2026
Home Details
Home Type
- Single Family
Year Built
- Built in 1940
Lot Details
- 8,276 Sq Ft Lot
- Lot Dimensions are 43x126
- Wood Fence
- Level Lot
- Few Trees
Home Design
- Traditional Architecture
- Brick Veneer
- Composition Shingle Roof
- Pier And Beam
Interior Spaces
- 2,325 Sq Ft Home
- 1.5-Story Property
- Smooth Ceilings
- Ceiling Fan
- Fireplace Features Masonry
- Some Wood Windows
- Plantation Shutters
- Great Room
- Dining Room
- Den with Fireplace
- Loft
- Play Room
- Sun or Florida Room
- Iron Doors
- Attic
Kitchen
- Updated Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms | 2 Main Level Bedrooms
- Primary Bedroom on Main
- Remodeled Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 1 Car Garage
- Front Facing Garage
Outdoor Features
- Cove
- Patio
Utilities
- Two cooling system units
- Central Heating and Cooling System
- Two Heating Systems
- Heating System Uses Gas
- Electric Water Heater
Community Details
- Colonial Terrace Subdivision
Listing and Financial Details
- Assessor Parcel Number 041029 00160
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
May 5, 2023
Closed on
Jun 23, 2023
Sold by
Bought by
Seller's Agent
Loretta Martin
Chamberwood Realty Group
Buyer's Agent
Hannah Smith
Bluff City Realty Group, LLC
List Price
$289,900
Sold Price
$285,000
Premium/Discount to List
-$4,900
-1.69%
Views
102
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.38%
Original Mortgage
$207,500
Outstanding Balance
$201,917
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
$94,885
Purchase Details
Closed on
May 6, 2021
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
3.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 20, 2018
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,400
Interest Rate
4.04%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 28, 2011
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,500
Interest Rate
4.2%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 13, 2011
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,500
Interest Rate
4.2%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 6, 2010
Sold by
Bought by
Purchase Details
Closed on
Jun 14, 2002
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,887
Interest Rate
7.18%
Mortgage Type
FHA
Purchase Details
Closed on
May 2, 2002
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,887
Interest Rate
7.18%
Mortgage Type
FHA
Purchase Details
Closed on
Nov 22, 1999
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,920
Interest Rate
7.25%
Purchase Details
Closed on
May 28, 1998
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,699
Interest Rate
7.11%
Mortgage Type
FHA
Purchase Details
Closed on
Jul 21, 1995
Bought by
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Home Values in the Area
Average Home Value in this Area
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $285,000 | Mid South Title Services | |
| Interfamily Deed Transfer | -- | Mid South Title Services Llc | |
| Warranty Deed | $248,000 | None Available | |
| Warranty Deed | $113,000 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $115,500 | West Tennessee Title | |
| Trustee Deed | $220,670 | None Available | |
| Interfamily Deed Transfer | -- | Real Estate Title Services | |
| Warranty Deed | $142,000 | -- | |
| Warranty Deed | $119,900 | -- | |
| Warranty Deed | $102,000 | -- | |
| Deed | $81,000 | -- |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $207,500 | New Conventional | |
| Previous Owner | $142,500 | New Conventional | |
| Previous Owner | $90,400 | New Conventional | |
| Previous Owner | $115,500 | Purchase Money Mortgage | |
| Previous Owner | $140,887 | FHA | |
| Previous Owner | $95,920 | No Value Available | |
| Previous Owner | $101,699 | FHA |
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 |
|---|---|---|---|---|---|
| 06/09/2026 06/09/26 | Sold | $295,000 | -1.6% | $127 / Sq Ft | |
| 05/11/2026 05/11/26 | Pending | -- | -- | -- | |
| 05/02/2026 05/02/26 | For Sale | $299,900 | +5.2% | $129 / Sq Ft | |
| 06/27/2023 06/27/23 | Sold | $285,000 | -1.7% | $130 / Sq Ft | View Prior Sale |
| 05/05/2023 05/05/23 | For Sale | $289,900 | -- | $132 / 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 | $1,921 | $71,425 | $7,875 | $63,550 |
| 2024 | $1,930 | $56,925 | $2,075 | $54,850 |
| 2023 | $3,468 | $56,925 | $2,075 | $54,850 |
| 2022 | $3,468 | $56,925 | $2,075 | $54,850 |
| 2021 | $2,676 | $43,425 | $2,075 | $41,350 |
| 2020 | $2,237 | $30,875 | $2,075 | $28,800 |
| 2019 | $987 | $30,875 | $2,075 | $28,800 |
| 2018 | $987 | $30,875 | $2,075 | $28,800 |
| 2017 | $1,010 | $30,875 | $2,075 | $28,800 |
| 2016 | $1,076 | $24,625 | $0 | $0 |
| 2014 | $1,076 | $24,625 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Hannah Smith
-
Chris Garland
Buyer's Agent in 2026
Chris Garland
Crye-Leike
(901) 338-3226
1 in this area
120 Total Sales
-
Loretta Martin
Seller's Agent in 2023
Loretta Martin
Chamberwood Realty Group
(901) 870-5877
1 in this area
158 Total Sales
Map
Source: Memphis Area Association of REALTORS®
MLS Number: 10220674
APN: 04-1029-0-0160
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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