NOT LISTED FOR SALE

101 Rainbow Cir Madison, AL 35758

Estimated Value: $292,000 - $306,000

4 Beds
2 Baths
1,870 Sq Ft
$161/Sq Ft Est. Value

Last Sold August 25, 2023

Last sale price $300,000 $160 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,707/month

48 Days on Market

Highlights

  • 1 Fireplace
  • Corner Lot
  • Screened Porch
  • Rainbow Elementary School Rated A
  • No HOA
  • Central Heating and Cooling System

About This Home

As of August 2023

Wonderfully updated brick ranch style home in Madison City limits. Hardwood floors throughout the house. Open floor plan. Enjoy the wood burning fireplace during cold nights or warm Summer days in the large backyard with privacy fence. Corner lot and no HOA! Home features a tankless water heater, so you will never run out of hot water!

Last Agent to Sell the Property

Kyong Roberts

KW Huntsville License #107355 Listed on: 06/07/2023

KW Huntsville

Last Buyer's Agent

Audra Morris

Down Home Real Estate License #103895

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1964

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 100 x 25 x 150 x 125 x 175
  • Privacy Fence
  • Corner Lot

Parking

  • 1 Car Garage

Interior Spaces

  • 1,870 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Screened Porch
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Discovery Elementary School
  • Bob Jones High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Septic Tank

Community Details

  • No Home Owners Association
  • Rainbow Estates Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / 1
  • Assessor Parcel Number 1508281002012000

Home Details

Home Type

Single Family

Year Built

Built in 1964

Lot Details

0.5 Acres

Parking

1

Listing Details

  • Living Area: 1870
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.5
  • Lot Size: 100 x 25 x 150 x 125 x 175
  • Road Surface Type: Concrete
  • Subdivision Name: Rainbow Estates
  • Architectural Style: Ranch/1 Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Year Built: 1964
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Levels: One
  • Basement: Crawl Space
  • Full Bathrooms: 2
  • Fireplace Features: One
  • Fireplaces: 1
  • Fireplace: Yes
  • Room Bedroom4 Level: First
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom3 Level: First
  • Room Bedroom2 Level: First
  • Room Family Room Level: First

Exterior Features

  • Fencing: Privacy
  • Lot Features: Corner Lot
  • Patio And Porch Features: Front Porch, Screened Porch

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Garage

Utilities

  • Heating: Central 1
  • Cooling: Central 1
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Discovery

Lot Info

  • Parcel Number: 1508281002012000
  • Lot Size Sq Ft: 21780
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 1
  • Tax Lot: 1

MLS Schools

  • Elementary School: Rainbow Elementary
  • High School: Bob Jones

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2023
Closed on
Aug 25, 2023
Sold by
Purkapile Emerson
Bought by
Felix Viannette
Seller's Agent
Kyong Roberts
KW Huntsville
Buyer's Agent
Audra Morris
Down Home Real Estate
List Price
$295,000
Sold Price
$300,000
Premium/Discount to List
$5,000
1.69%
Views
334
Current Estimated Value
$301,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,547
Avg. Annual Appreciation
0.20%
Original Mortgage
$255,000
Outstanding Balance
$249,106
Interest Rate
6.96%
Estimated Equity
$52,441

Purchase Details

Closed on
May 25, 2023
Sold by
Swan Judith Faye
Bought by
Purkapile Emerson

Purchase Details

Closed on
Jul 20, 2017
Sold by
Purkapile Emerson
Bought by
Swan Judith Faye

Purchase Details

Closed on
Dec 2, 2015
Sold by
Pennymac Loan Services Llc
Bought by
The Secretary Of Hud

Purchase Details

Closed on
May 23, 2013
Sold by
Shen Fu Hu and Lin Cynthia H
Bought by
Allen Heather Leigh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,461
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 29, 2012
Sold by
Chen Jin Lin
Bought by
Shen Fu Hu and Lin Cynthia H
Source: Public Records
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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
Felix Viannette -- None Listed On Document
Purkapile Emerson $154,200 None Listed On Document
Purkapile Emerson $154,200 None Listed On Document
Swan Judith Faye $121,500 None Available
The Secretary Of Hud $500 None Available
Allen Heather Leigh $136,000 None Available
Shen Fu Hu $80,000 None Available
Shen Fu Hu $80,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Felix Viannette $255,000
Previous Owner Allen Heather Leigh $131,461
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2023 08/25/23 Sold $300,000 +1.7% $160 / Sq Ft
07/26/2023 07/26/23 Pending -- -- --
07/22/2023 07/22/23 For Sale $295,000 0.0% $158 / Sq Ft
07/06/2023 07/06/23 Pending -- -- --
06/07/2023 06/07/23 For Sale $295,000 -- $158 / Sq Ft
Source: ValleyMLS.com

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 $1,654 $24,340 $2,260 $22,080
2024 $1,654 $22,760 $2,260 $20,500
2023 $1,544 $30,840 $4,500 $26,340
2022 $1,911 $27,340 $4,500 $22,840
2021 $1,793 $25,640 $4,500 $21,140
2020 $1,757 $25,120 $3,980 $21,140
2019 $1,456 $25,120 $3,980 $21,140
2018 $1,406 $24,260 $0 $0
2017 $1,406 $24,260 $0 $0
2016 $1,406 $24,260 $0 $0
2015 $660 $12,140 $0 $0
2014 $669 $11,640 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kyong Roberts

    Seller's Agent in 2023

    Kyong Roberts

    KW Huntsville

    (256) 797-1388

    6 in this area

    58 Total Sales

    Kyong Roberts
    Section Image
  • Audra Morris

    Buyer's Agent in 2023

    Audra Morris

    Down Home Real Estate

    (256) 508-6217

    16 in this area

    38 Total Sales

    Audra Morris
    Section Image
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Map

Source: ValleyMLS.com

MLS Number: 1835867

ValleyMLS.com

APN: 15-08-28-1-002-012.000

Alabama Madison County Madison 35758

101 Rainbow Cir, Madison, AL

Not Listed for Sale

Detached

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