NOT LISTED FOR SALE

970 E Rainbow Dr Memphis, TN 38107

Hyde Park Neighborhood

Estimated Value: $199,000 - $241,000

2 Beds
1 Bath
1,612 Sq Ft
$133/Sq Ft Est. Value

Last Sold October 18, 2023

Last sale price $225,000 $140 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,239/month

About This Home

WOW! a Chance to get on "sought after" Rainbow Drive! Designer Upgrades, Fixtures, Lighting, SMOOTH 9ft Ceilings, 11 Closets! AC-2yrs, Roomy, Cozy Large Den w/Marble Surround Gas Fpl, Dining & Oversized Eat-in Kit w/"Heart of Pine" Floors, 2 Pantries. NEW: Stainless Quiet DW, 5-Eye/Griddle Gas-Cooktop Oven. Expandable Attic (650Sqft): Has Laundry & Workshop area, is already Plumbed (for future 2nd bath) & has electrical. (30x16) Deck w/ Cust. Built-in Buffet/Bar, Lrg Bkyd w/Dbl Gate & 2nd Gate.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2023
Closed on
Oct 18, 2023
Sold by
Glover Robert Z
Bought by
Kenworthy Paula
Seller's Agent
Conlee Stringfellow
Ware Jones, REALTORS
Buyer's Agent
Lynda Baddour
Ware Jones, REALTORS
List Price
$210,000
Sold Price
$225,000
Premium/Discount to List
$15,000
7.14%
Views
38
Current Estimated Value
$213,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,125
Avg. Annual Appreciation
-2.07%
Original Mortgage
$168,750
Outstanding Balance
$165,432
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$48,443

Purchase Details

Listed on
Aug 4, 2018
Closed on
Aug 30, 2018
Sold by
Wise William M
Bought by
Glover Robert Z
List Price
$175,000
Sold Price
$168,000
Premium/Discount to List
-$7,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.87%
Original Mortgage
$131,200
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 14, 2014
Closed on
May 30, 2014
Sold by
Piazza Elizabeth Anne and Bonin Henry Keith
Bought by
Wise William M
Seller's Agent
Paige Arnold
Crye-Leike, Inc., REALTORS
Buyer's Agent
Sherry Hulen
Crye-Leike, Inc., REALTORS
List Price
$149,900
Sold Price
$139,900
Premium/Discount to List
-$10,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.38%
Original Mortgage
$137,365
Interest Rate
3.99%
Mortgage Type
FHA

Purchase Details

Closed on
May 27, 2005
Sold by
Noble John L
Bought by
Piazza Elizabeth Anne and Bonin Henry Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
5.74%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 5, 2002
Sold by
Deaver Douglas E and Deaver Doris B
Bought by
Noble John L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,728
Interest Rate
6.4%
Mortgage Type
FHA
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

Date Buyer Sale Price Title Company
Kenworthy Paula $226,000 None Listed On Document
Glover Robert Z $168,000 Realty Title
Wise William M $139,900 Realty Title & Escrow Co Inc
Piazza Elizabeth Anne $145,000 --
Noble John L $74,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kenworthy Paula $168,750
Previous Owner Glover Robert Z $131,200
Previous Owner Wise William M $137,365
Previous Owner Piazza Elizabeth Anne $116,000
Previous Owner Noble John L $96,728
Closed Piazza Elizabeth Anne $29,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/14/2026 01/14/26 For Sale $175,000 -22.2% $109 / Sq Ft
10/18/2023 10/18/23 Sold $225,000 +7.1% $141 / Sq Ft View Prior Sale
09/13/2023 09/13/23 For Sale $210,000 +25.0% $131 / Sq Ft
09/05/2018 09/05/18 Sold $168,000 0.0% $104 / Sq Ft View Prior Sale
09/05/2018 09/05/18 Sold $168,000 -4.0% $105 / Sq Ft View Prior Sale
08/04/2018 08/04/18 Pending -- -- --
08/04/2018 08/04/18 Pending -- -- --
08/02/2018 08/02/18 For Sale $175,000 +25.1% $109 / Sq Ft
05/30/2014 05/30/14 Sold $139,900 -6.7% $87 / Sq Ft View Prior Sale
05/20/2014 05/20/14 Pending -- -- --
03/14/2014 03/14/14 For Sale $149,900 -- $94 / Sq Ft

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 $1,364 $55,125 $7,875 $47,250
2024 -- $40,250 $1,750 $38,500
2023 $2,452 $40,250 $1,750 $38,500
2022 $2,452 $40,250 $1,750 $38,500
2021 $2,481 $40,250 $1,750 $38,500
2020 $2,648 $36,550 $1,750 $34,800
2019 $1,168 $36,550 $1,750 $34,800
2018 $979 $30,625 $1,750 $28,875
2017 $1,002 $30,625 $1,750 $28,875
2016 $1,087 $24,875 $0 $0
2014 $1,087 $24,875 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Conlee Stringfellow

    Seller's Agent in 2023

    Conlee Stringfellow

    Ware Jones, REALTORS

    (901) 289-4140

    1 in this area

    213 Total Sales

    Conlee Stringfellow
    Section Image
  • Lynda Baddour

    Buyer's Agent in 2023

    Lynda Baddour

    Ware Jones, REALTORS

    (901) 481-0843

    2 in this area

    171 Total Sales

    Lynda Baddour
    Section Image
  • C. Lauren Jones

    Seller's Agent in 2018

    C. Lauren Jones

    Crye-Leike, Inc., REALTORS

    (901) 277-3005

    1 in this area

    96 Total Sales

    C. Lauren Jones
    Section Image
  • Paige Arnold

    Seller's Agent in 2014

    Paige Arnold

    Crye-Leike

    (901) 870-7653

    1 in this area

    101 Total Sales

    Paige Arnold
    Section Image
  • Sherry Hulen

    Buyer's Agent in 2014

    Sherry Hulen

    Crye-Leike

    (901) 550-6270

    99 Total Sales

    Sherry Hulen
    Section Image

  • J

    Buyer Co-Listing Agent in 2014

    Joanie Whitaker

    Crye-Leike

    Section Image
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Map

Tennessee Shelby County Memphis 38107 Hyde Park

970 E Rainbow Dr, Memphis, TN

Not Listed for Sale

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