NOT LISTED FOR SALE

1883 N Rainbow Dr Memphis, TN 38107

Hyde Park Neighborhood

Estimated Value: $230,000 - $308,000

4 Beds
2.5 Baths
2,600-2,799 Sq Ft
$101/Sq Ft Est. Value

Last Sold April 18, 2024

Last sale price $312,000 $111 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $1,683/month

1 Day on Market

Highlights

  • Home Theater
  • Two Primary Bedrooms
  • Deck
  • The property is located in a historic district
  • Updated Kitchen
  • Traditional Architecture

About This Home

As of April 2024

Wonderful cottage in a excellent Rhodes College area neighborhood... Walk to so much and love the super green spaces! Renovated kitchen is a cook's delight, large rooms with a easy floor plan! Come fall in love and welcome home!!

Last Agent to Sell the Property

David Da Ponte

Sowell, Realtors License #278752 Listed on: 03/18/2024

Last Buyer's Agent

Linda Sowell

Sowell, Realtors License #50660

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,768

Year Built

  • Built in 1942

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 81x126
  • Wood Fence
  • Landscaped
  • Corner Lot
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Williamsburg Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 2,600-2,799 Sq Ft Home
  • 2,696 Sq Ft Home
  • 1.5-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Decorative Fireplace
  • Fireplace Features Masonry
  • Some Wood Windows
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Home Theater
  • Den
  • Storage Room
  • Wood Flooring
  • Attic Access Panel

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Double Master Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • 2 Car Attached Garage
  • Side Facing Garage

Outdoor Features

  • Deck
  • Porch

Location

  • The property is located in a historic district

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • 220 Volts
  • Cable TV Available

Community Details

  • Voluntary home owners association
  • Colonial Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 041027 00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,768

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional, Williamsburg
  • Detached Unit Type: General Residential
  • Cross Street: McLean
  • MLS Map #: 742D
  • MAAR Subdivision Name: VOLLINTINE EVERGREEN
  • Historic District: Vollintine-Evergreen
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 115.73
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2696
  • Year Built: 1942
  • List Price/ Sq Ft: 115
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 1 1/2 Bath, Laundry Room, Media Room
  • Second Story Floor Plan: 3rd Bedroom, 4th or More Bedrooms, 1 Bath
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Two Primaries, Split Bedroom Plan
  • Estimated Heated Sq Ft Range: 2600-2799
  • Bedrooms: 4
  • Bedrooms Down: 3
  • Fireplace: Masonry, Decorative Only, In Living Room
  • Floors/Ceilings: Hardwood Throughout, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Dishwasher, Cable Available
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Updated/Renovated Kitchen, Eat-In Kitchen, Separate Breakfast Room, Pantry, Washer/Dryer Connections
  • Misc Interior: Walk-In Closet(s), Attic Access
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Storage Room
  • Total Bathrooms: 2.1

Exterior Features

  • Misc Exterior: Porch, Deck, Historic District, Wood Fence
  • Exterior Windows: Wood/Composition, Wood Window(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Side-Load Garage

Utilities

  • Cooling: Central, 220 Wiring
  • Heating: Central, Gas
  • Water Sewer: Public Water, Public Sewer

Association/Amenities

  • Neighborhood Association: Voluntary

Lot Info

  • Lot Description: Some Trees, Level, Corner, Landscaped, Wood Fenced
  • Lot Number: 19
  • Acreage: 0.23
  • Lot Size: 81X126
  • Price Per Acre: 1343478

Multi Family

  • Number Of Rooms: 10

Tax Info

  • Assessor Parcel Number: 041027 00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2024
Closed on
Apr 18, 2024
Sold by
Harrington James Christopher and Curtis Joanna E
Bought by
Sowell Amilcar Ulysses and Sowell Kirk Graves
Seller's Agent
David Da Ponte
Sowell, Realtors
Buyer's Agent
Linda Sowell
Sowell, Realtors
List Price
$309,000
Sold Price
$312,000
Premium/Discount to List
$3,000
0.97%
Views
31
Current Estimated Value
$281,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,192
Avg. Annual Appreciation
-7.37%
Original Mortgage
$296,400
Outstanding Balance
$292,962
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
-$11,154

Purchase Details

Closed on
Jun 7, 2021
Sold by
Harrington James Christopher and Curtis Joanna E
Bought by
Harrington James Christopher and Curtis Joanna E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2007
Sold by
Dooley Phillip
Bought by
Herrington James Christopher and Curtis Joanna E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,091
Interest Rate
6.26%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 10, 2007
Sold by
Deutsche Bank Trust Co
Bought by
Dooley Philip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,000
Interest Rate
6.16%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 19, 2007
Sold by
Jenson Jennifer A and Cartwright Richard D
Bought by
Deutsche Bank Trust Co and Bankers Trust Co
Source: Public Records

Range of Values:

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Average Value
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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

Date Buyer Sale Price Title Company
Sowell Amilcar Ulysses $312,000 None Listed On Document
Harrington James Christopher -- None Available
Herrington James Christopher $178,500 Executive Title & Closing In
Dooley Philip $69,900 Resource Title Agency Of Tn
Deutsche Bank Trust Co $131,750 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sowell Amilcar Ulysses $296,400
Previous Owner Curtis Joanna E $25,000
Previous Owner Harrington James Christopher $175,000
Previous Owner Herrington James Christopher $177,091
Previous Owner Dooley Philip $103,000
Previous Owner Cartwright Richard D $97,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2024 04/18/24 Sold $312,000 +1.0% $120 / Sq Ft
03/19/2024 03/19/24 Pending -- -- --
03/18/2024 03/18/24 For Sale $309,000 -- $119 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $1,768 $81,425 $7,875 $73,550
2024 $1,768 $52,150 $2,900 $49,250
2023 $3,177 $52,150 $2,900 $49,250
2022 $3,177 $52,150 $2,900 $49,250
2021 $1,799 $52,150 $2,900 $49,250
2020 $2,619 $36,150 $2,900 $33,250
2019 $1,155 $36,150 $2,900 $33,250
2018 $1,155 $36,150 $2,900 $33,250
2017 $1,183 $36,150 $2,900 $33,250
2016 $1,264 $28,925 $0 $0
2014 $1,264 $28,925 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2024

    David Da Ponte

    Sowell, Realtors

    (901) 278-4380

    5 in this area

    183 Total Sales

    Section Image
  • Linda Sowell

    Buyer's Agent in 2024

    Linda Sowell

    Sowell, Realtors

    (901) 277-4380

    6 in this area

    210 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10168149

Memphis Area Association of REALTORS®

APN: 04-1027-0-0005

Tennessee Shelby County Memphis 38107 Hyde Park

1883 N Rainbow Dr, Memphis, TN

This home is located at 1883 N Rainbow Dr, Memphis, TN 38107 since 18 March 2024 and is currently estimated at $281,808, approximately $100 per square foot. This property was built in 1942. 1883 N Rainbow Dr is a home located in Shelby County with nearby schools including Vollentine Elementary School, Grandview Heights Middle, and Manassas High School.

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