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978 E Rainbow Dr, Memphis, TN 38107 Property Records

Shelby County property record for 978 E Rainbow Dr, Memphis, TN 38107 · Last verified June 2026

Property Summary

Property TypeSingle Family Home
Details3 bd · 1.5 ba · 3,037 sqft · built 1940
Lot Size0.225 acres (9,796 sqft)
Owner2 Individual Names on File
Last Sale$235,000 (Jul 2020)
Tax Bill$1,817 (2025)
Deeds & MortgagesNov 2023 Line of Credit
Jul 2020 Sale & Mortgage
+ 3 more
Flood ZoneZone X (minimal risk)
APN04-1029-0-0150

Property Details

APN / Parcel Number

Primary APN04-1029-0-0150

Interior

Bedrooms3 Beds
Full Baths1.5 Baths
Half Baths1 Half Bath
Plumbing Fixtures5 Plumbing Fixtures
Total Rooms6 Rooms
Stories1 Story
Building Area3,037 sqft Living Area
Gross Area3,377 sqft
1st Floor Area1,665 sqft
Fireplaces1 Fireplace
FireplaceFireplace

Exterior

Year BuiltBuilt 1940
Effective Year BuiltEffective 2004
Architectural StyleTraditional
Exterior MaterialBrick Veneer
Foundation TypeNo Foundation
Roof TypeGable
Roof MaterialComposition Shingle
Lot Area9,796 sqft (0.225 acres)
Lot Dimensions124 ft deep x 79 ft wide
Garage TypeAttached
Garage Area228 sqft
Parking Spaces1 Parking Space

Exterior Amenities

PorchEnclosed Frame Porch
Porch Area112 sqft
Deck Area64 sqft
Patio Area28 sqft

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemCentral
Heating FuelGas

Location & Zoning

Street Address978 E RAINBOW DR
CityMEMPHIS
StateTN
Zip38107-3110
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionES EAST RAINBOW DR
Legal SubdivisionCOLONIAL TERRACE
Legal Lot Number40-41
JurisdictionSHELBY TN
Township / Civil Division7
Census Block Group4
Census Block4004
Census Tract700

Owner

Source: Shelby County records · APN 04-1029-0-0150

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

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

Owner of Record2 Individual Names on File
Mailing Address978 E RAINBOW DR, MEMPHIS, TN 38107-3110
OccupancyOwner Occupied
Owner TypeIndividual
VestingRight of Survivorship

Deeds, Mortgages & Sale History

DateDocument
Nov 06, 2023Deed of Trust, Mortgage · Line of Credit
FIRST HORIZON BANK
Jul 22, 2020Warranty Deed, Transfer · Conventional with PMI
INDEPENDENT BK
Jun 04, 2020Quit Claim Deed, Transfer
ATTORNEY ONLY
Feb 11, 2020Warranty Deed, Transfer
CLOSETRAK LLC
Jan 22, 2020Court-Ordered Deed, Foreclosure
ATTORNEY ONLY

Assessor's Deed Record

Deed Names2 Verified Names on Deed
Last SaleJul 22, 2020 · Amount on Record
Deed SaleJul 22, 2020 · Amount on Record
Prior SaleFeb 11, 2020 · Amount on Record
Deed Document Number202075450
Prior Transfer DateFeb 13, 2009
Prior Transfer Doc0000017149
Record UpdatedSep 20, 2026

November 2023: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionSHELBY TN
Property Address978 E RAINBOW DR, MEMPHIS, TN 38107-3110
Transaction TypeMortgage
Record UpdatedNov 15, 2023

Transferred To (Grantee/Buyer)

NameVerified Name
Address976 E RAINBOW DR, MEMPHIS, TN 38107-3110

Mortgage

Document Number0023094946
DateNov 06, 2023
Instrument23094946
Lender
NameFIRST HORIZON BANK
TypeBank
AddressMEMPHIS, TN 38104
Agreement
TypeLine of Credit
AmountAmount Recorded
Term359 Months
DueOct 23, 2053
Interest
Rate TypeAdjustable Rate
Change FrequencyMonthly

July 2020: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionSHELBY TN
Recording DateJul 22, 2020
Property Address978 E RAINBOW DR, MEMPHIS, TN 38107-3110
Document Number0000075450
Instrument DateJul 15, 2020
Instrument75450
Transaction TypeTransfer
Record UpdatedAug 06, 2020
Title CompanyATTORNEY ONLY

Transaction

AmountAmount Recorded
DownpaymentDownpayment on File
Loan-to-Value (LTV)LTV on Record
Tax$870.00
Amount AccuracyConfirmed
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipJoint Tenants with Right of Survivorship
Address978 E RAINBOW DR MEMPHIS TN 381073110, MEMPHIS, TN 38107-3110

Mortgage

Document Number75451
DateJul 22, 2020
Instrument75451
Lender
NameINDEPENDENT BK
TypeBank
AddressMEMPHIS, TN 38157
Agreement
TypeConventional with PMI
AmountAmount Recorded
Term360 Months
DueJul 21, 2050

June 2020: Quit Claim Deed, Transfer

Document TypeQuit Claim Deed
JurisdictionSHELBY TN
Recording DateJun 04, 2020
Property Address978 E RAINBOW DR, MEMPHIS, TN 38107-3110
Document Number0000056880
Instrument DateMay 22, 2020
Instrument56880
Transaction TypeTransfer
Record UpdatedJun 15, 2020
Title CompanyATTORNEY ONLY

Transaction

Tax$0.00
Additional
  • Quitclaim

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address406 VESCOVO DR MEMPHIS TN 381171847, MEMPHIS, TN 38117-1847

February 2020: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionSHELBY TN
Recording DateFeb 11, 2020
Property Address978 E RAINBOW DR, MEMPHIS, TN 38107-3110
Document Number0000015331
Instrument DateJan 31, 2020
Instrument15331
Transaction TypeTransfer
Record UpdatedMar 03, 2020
Title CompanyCLOSETRAK LLC

Transaction

AmountAmount Recorded
Tax$407.00
Amount AccuracyConfirmed
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address978 E RAINBOW DR MEMPHIS TN 381073110, MEMPHIS, TN 38107-3110

January 2020: Court-Ordered Deed, Foreclosure

Document TypeCourt-Ordered Deed
JurisdictionSHELBY TN
Recording DateJan 22, 2020
Property Address978 E RAINBOW DR, MEMPHIS, TN 38107-3110
Document Number0000007664
Instrument DateJan 07, 2020
Instrument7664
Transaction TypeForeclosure
Record UpdatedFeb 04, 2020
Title CompanyATTORNEY ONLY

Transaction

AmountAmount Recorded
Tax$319.00
Amount AccuracyConfirmed
Additional
  • Notice of Trustee Sale

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address6000 POPLAR AVE #250 MEMPHIS TN 381193974, 250, MEMPHIS, TN 38119-3974

Tax Assessment & Valuation

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

Property Jurisdictions

TypeName
StateTennessee
CountyShelby County
MunicipalityMemphis City
Unified School DistrictShelby 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.

YearTax BillAssessed ValueAssessed Market Value
2025$1,817.00 (-46.32%)$67,575 (+21.59%) Land $7,875 Building $59,700$270,300 (+21.59%) Land $31,500 Building $238,800
2023$55,575 Land $2,825 Building $52,750
2022$3,385.00
2021$222,300 Land $11,300 Building $211,000

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 ZoneZone X
Special Flood Hazard AreaNo
Flood HazardMinimal
500-Year FloodplainNo

Wildfire

Wildfire RiskNot rated
no burnable land in reach
Wildfire LikelihoodNegligible
ExposureNone
beyond ember reach

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 DistrictWithin 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.

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