1038 E Rainbow Dr, Memphis, TN 38107 Property Records

Shelby County property record for 1038 E Rainbow Dr, Memphis, TN 38107 · Last verified July 2026

Property Summary

Property Type	Single Family Home
Details	4 bd · 2 ba · 2,696 sqft · built 1940
Lot Size	0.265 acres (11,545 sqft)
Owner	2 Individual Names on File
Last Sale	$295,000 (Jun 2026)
Tax Bill	$1,921 (2025)
Deeds & Mortgages	Jun 2026 Sale & Mortgage Jun 2026 Transfer + 4 more
Flood Zone	Zone X (minimal risk)
APN	`04-1029-0-0160`

Property Details

APN / Parcel Number

Primary APN	`04-1029-0-0160`

Interior

Bedrooms	4 Beds
Full Baths	2 Baths
Plumbing Fixtures	6 Plumbing Fixtures
Total Rooms	8 Rooms
Stories	1 Story
Building Area	2,696 sqft Living Area
Gross Area	2,896 sqft
1st Floor Area	1,548 sqft
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1940
Effective Year Built	Effective 2005
Architectural Style	Traditional
Exterior Material	Brick Veneer
Foundation Type	No Foundation
Roof Type	Gable
Roof Material	Composition Shingle
Lot Area	11,545 sqft (0.265 acres)
Lot Dimensions	126 ft deep x 43 ft wide
Garage Type	Attached
Garage Area	200 sqft
Parking Spaces	1 Parking Space
Deck Area	324 sqft
Patio Area	24 sqft

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Central
Heating Fuel	Gas

Location & Zoning

Street Address	1038 N RAINBOW DR
City	MEMPHIS
State	TN
Zip	38107
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	PT 96 GREENBRIER S/D NE SIDE EAST RAINBOW DR
Legal Subdivision	COLONIAL TERRACE
Legal Lot Number	30
Jurisdiction	SHELBY TN
Township / Civil Division	7
Census Block Group	4
Census Block	4004
Census Tract	700

Owner

Source: Shelby County records · APN 04-1029-0-0160

Assessment roll updated June 2, 2026 · Last verified July 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	2 Individual Names on File
Mailing Address	1038 N RAINBOW DR, MEMPHIS, TN 38107
Occupancy	Owner Occupied
Owner Type	Individual
Vesting	Husband and Wife

Deeds, Mortgages & Sale History

Date	Document
Jun 16, 2026	Warranty Deed, Transfer · FHA Mortgage COMMUNITY MORTGAGE CORPORATION
Jun 08, 2026	Correction Deed, Transfer MID-SOUTH TITLE SERVICES LLC, MID SOUTH TITLE SERVICES
Jul 10, 2023	Warranty Deed, Transfer · Conventional Mortgage HIGHLANDS RESIDENTIAL MORTGAGE LTD
May 12, 2021	Warranty Deed, Transfer · Conventional Mortgage NETWORK CAPITAL FUNDING CORP
Jul 01, 2021	Intrafamily Transfer, Transfer MID SOUTH TITLE SERVICES LLC
Feb 28, 2018	Warranty Deed, Transfer · Conventional Mortgage RENASANT BK

Assessor's Deed Record

Deed Names	2 Verified Names on Deed
Last Sale	Jun 16, 2026 · Amount on Record
Deed Sale	Jun 16, 2026 · Amount on Record
Prior Sale	Jul 10, 2023 · Amount on Record
Deed Document Number	202650398
Prior Transfer Date	Jun 04, 2026
Prior Transfer Doc	0000047583
Record Updated	Sep 20, 2026

June 2026: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	SHELBY TN
Recording Date	Jun 16, 2026
Property Address	1038 N RAINBOW DR, MEMPHIS, TN 38107
Document Number	0000050398
Instrument Date	Jun 05, 2026
Instrument	202650398
Transaction Type	Transfer
Record Updated	Jul 06, 2026
Title Company	CLOSETRAK LLC, CLOSETRAK

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on File
Loan-to-Value (LTV)	LTV on Record
Tax	$110,241.50
Amount Accuracy	Calculated from Transfer Tax
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1038 N RAINBOW DR, MEMPHIS, TN 38107

Mortgage

Document Number	0000050399,
Date	Jun 16, 2026
Instrument	202650399

Lender

Name	COMMUNITY MORTGAGE CORPORATION

Agreement

Type	FHA Mortgage
Amount	Amount Recorded
Term	360 Months
Due	Jul 01, 2056

Interest

Rate	6.3%
Max Rate	-1%

June 2026: Correction Deed, Transfer

Document Type	Correction Deed
Jurisdiction	SHELBY TN
Recording Date	Jun 08, 2026
Property Address	1038 N RAINBOW DR, MEMPHIS, TN 38107
Document Number	0000047583
Instrument Date	Jun 04, 2026
Instrument	202647583
Transaction Type	Transfer
Record Updated	Jul 12, 2026
Title Company	MID-SOUTH TITLE SERVICES LLC, MID SOUTH TITLE SERVICES

Transaction

Tax	$0.00
Amount Accuracy	Full Amount Stated

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1000 CHERRY RD, MEMPHIS, TN 38117-5424

July 2023: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	SHELBY TN
Recording Date	Jul 10, 2023
Property Address	1038 E RAINBOW DR, MEMPHIS, TN 38107-3110
Document Number	0023055874
Map Reference	MB 9 PG 142
Instrument Date	Jun 23, 2023
Instrument	23055874
Transaction Type	Transfer
Record Updated	Jul 24, 2023
Title Company	CLOSETRAK LLC

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on File
Loan-to-Value (LTV)	LTV on Record
Tax	$1,054.50
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1000 CHERRY RD, MEMPHIS, TN 38117-5424

Mortgage

Document Number	0023055875
Date	Jul 10, 2023
Instrument	23055875

Lender

Name	HIGHLANDS RESIDENTIAL MORTGAGE LTD
Type	Mortgage Company

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	360 Months
Due	Jul 01, 2053

May 2021: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	SHELBY TN
Recording Date	May 12, 2021
Property Address	1038 E RAINBOW DR, MEMPHIS, TN 38107-3110
Document Number	0021056804
Map Reference	MB 9 PG 142
Instrument Date	May 06, 2021
Instrument	21056804
Transaction Type	Transfer
Record Updated	Jun 07, 2023

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on File
Loan-to-Value (LTV)	LTV on Record
Tax	$917.60
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Family Living Trust
Address	170 JACOBS WAY, EADS, TN 38028-9508

Mortgage

Document Number	0021056805
Date	May 12, 2021
Instrument	21056805

Lender

Name	NETWORK CAPITAL FUNDING CORP
Type	Mortgage Company

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Jun 01, 2051

July 2021: Intrafamily Transfer, Transfer

Document Type	Intrafamily Transfer
Jurisdiction	SHELBY TN
Recording Date	Jul 01, 2021
Property Address	1038 E RAINBOW DR, MEMPHIS, TN 38107-3110
Document Number	0021079416
Map Reference	MB 9 PG 142
Instrument Date	May 06, 2021
Instrument	21079416
Transaction Type	Transfer
Record Updated	Jun 07, 2023
Title Company	MID SOUTH TITLE SERVICES LLC

Transaction

Tax	$0.00
Amount Accuracy	No Consideration Stated
Additional	Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Family Living Trust
Address	170 JACOBS WAY, EADS, TN 38028-9508

February 2018: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	SHELBY TN
Recording Date	Feb 28, 2018
Property Address	1038 E RAINBOW DR, MEMPHIS, TN 38107-3110
Document Number	0000019058
Instrument Date	Feb 20, 2018
Instrument	19058
Transaction Type	Transfer
Record Updated	Mar 07, 2018
Title Company	TITLE ASSURANCE AND ESCROW

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on File
Loan-to-Value (LTV)	LTV on Record
Tax	$418.10
Amount Accuracy	Confirmed
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	5714 JASON CV OLIVE BRANCH MS 386546953, OLIVE BRANCH, MS 38654-6953

Mortgage

Document Number	19059
Date	Feb 28, 2018
Instrument	19059

Lender

Name	RENASANT BK
Type	Bank
Address	BIRMINGHAM, AL 35203

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	360 Months
Due	Feb 27, 2048

Tax Assessment & Valuation

Source: Shelby County records · Assessment roll updated June 2, 2026 · Last verified July 2026

Property Jurisdictions

Type	Name
State	Tennessee
County	Shelby County
Municipality	Memphis City
Unified School District	Shelby County School District (PK - 12)

Tax Bill & Assessment History

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$1,921.00 (-44.59%)	$71,425 (+25.47%) Land $7,875 Building $63,550	$285,700 (+25.47%) Land $31,500 Building $254,200
2023		$56,925 Land $2,075 Building $54,850
2022	$3,467.00
2021			$227,700 Land $8,300 Building $219,400

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Shelby County (47157C), updated June 4, 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood Zone	Zone X
Special Flood Hazard Area	No
Flood Hazard	Minimal
500-Year Floodplain	No

Wildfire

Wildfire Risk	Low above 5% of the US · above 5% of Tennessee
Wildfire Likelihood	Less than 1 in 10,000 per year
Exposure	Direct burnable vegetation at the parcel

Values are read at the parcel center point; lenders make the official flood determination.

Historic Designation

Source: NPS National Register of Historic Places · August 1, 2026 release · Last verified October 2026

Historic District	Within the Vollintine Evergreen North Historic District listed 1997 · 239 contributing resources · NRIS 97000475

Federal listing alone does not restrict alterations; local historic district rules, which this data does not cover, may apply.

Internet Providers

Source: FCC Broadband Data Collection, availability as of December 31, 2025 · Published October 2026 · based on 507 locations within about half a mile of this property

Provider	Technology	Download / Upload (Mbps)
Xfinity	Cable	2,000 / 250
Verizon	Fixed Wireless	300 / 20
AT&T	DSL	100 / 20

May also be available at this address: AT&T, Ting Fiber. Availability varies by address; speeds are provider-advertised maximums, not measured.

Mobile Coverage

5G and 4G LTE

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