NOT LISTED FOR SALE

103 Sherwood Dr Rainbow City, AL 35906

Estimated Value: $256,389 - $294,000

3 Beds
3 Baths
2,970 Sq Ft
$93/Sq Ft Est. Value

Last Sold May 24, 2016

Last sale price $146,000 $49 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $1,521/month

7 Days on Market

Highlights

  • No HOA
  • John S. Jones Elementary School Rated A-
  • Central Heating and Cooling System

About This Home

As of May 2016

Just Listed! Sprawling, full-brick home measuring 2900+ square feet located in the heart of Rainbow City! Three/four bedrooms, including a huge master suite with large bathroom with oversized tub and separate shower, as well as walk-in closet. Three bathrooms total, spacious family room just off easy flowing eat-in kitchen. Living room/dining room combo with beautiful hardwood floors. Outside amenities include covered porch, open deck, true two car garage with 9 ft. doors, plenty of parking, and sits on three lots! Near everything you need in Rainbow City. 100% financing with approved credit - priced just right at only $145,000! Call or text agent today to see.

Last Agent to Sell the Property

Amy LaCount

River Towne Real Estate Group License #81154 Listed on: 04/10/2016

Last Buyer's Agent

Traci Thomason

Impact Realty, LLC License #105626

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • Lot Dimensions are 330 x 138 x 330 x 198

Interior Spaces

  • 2,970 Sq Ft Home
  • Property has 1 Level
  • Factory Built Fireplace
  • Crawl Space

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Rainbow Elementary School
  • Southside High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association
  • Sherwood Knolls Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 1509320001072.000

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Living Area: 2970
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 330 x 138 x 330 x 198
  • Subdivision Name: Sherwood Knolls
  • Architectural Style: Ranch/1 Story, See Remarks
  • New Construction: No
  • Property Attached Yn: No
  • Year Built: 1960
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Appliances: Dishwasher, Microwave, Range
  • Levels: One
  • Basement: Crawl Space
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Fireplace Features: One, Factory Built
  • Fireplaces: 1
  • Fireplace: Yes
  • 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

Utilities

  • Heating: Central 1, Gas(n/a use NGas or PGas)
  • Cooling: Central 1
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Rainbow

Lot Info

  • Parcel Number: 1509320001072.000
  • ResoLotSizeUnits: Acres

Green Features

Tax Info

  • Tax Lot: 1

MLS Schools

  • Elementary School: John S Jones Elementary
  • High School: Southside High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2016
Closed on
May 23, 2016
Sold by
Watson Rodney Gene
Bought by
Threatt Latanya
Seller's Agent
Amy LaCount
River Towne Real Estate Group
Buyer's Agent
Traci Thomason
Impact Realty, LLC
List Price
$145,000
Sold Price
$146,000
Premium/Discount to List
$1,000
0.69%
Current Estimated Value
$274,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,847
Avg. Annual Appreciation
6.85%
Original Mortgage
$150,128
Outstanding Balance
$119,189
Interest Rate
3.66%
Estimated Equity
$155,658

Purchase Details

Listed on
Oct 21, 2014
Closed on
Jul 14, 2015
Bought by
Watson Rodney Gene
Seller's Agent
Craig Gorham
Vintage Properties, LLC
Buyer's Agent
Amy LaCount
River Towne Real Estate Group
List Price
$154,900
Sold Price
$127,000
Premium/Discount to List
-$27,900
-18.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.60%
Original Mortgage
$120,650
Interest Rate
4.04%
Mortgage Type
New Conventional
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
Threatt Latanya -- --
Watson Rodney Gene $127,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Threatt Latanya $150,128
Previous Owner Watson Rodney Gene $120,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/24/2016 08/24/16 Off Market $146,000 -- --
05/24/2016 05/24/16 Sold $146,000 +0.7% $49 / Sq Ft
04/17/2016 04/17/16 Pending -- -- --
04/10/2016 04/10/16 For Sale $145,000 +14.2% $49 / Sq Ft
10/14/2015 10/14/15 Off Market $127,000 -- --
07/15/2015 07/15/15 Sold $127,000 -18.0% $48 / Sq Ft View Prior Sale
06/03/2015 06/03/15 Pending -- -- --
10/21/2014 10/21/14 For Sale $154,900 -- $58 / Sq Ft
Source: ValleyMLS.com

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 $903 $23,220 $2,220 $21,000
2024 $903 $23,220 $2,220 $21,000
2023 $903 $23,210 $2,220 $20,990
2022 $737 $19,150 $2,220 $16,930
2021 $582 $15,380 $2,220 $13,160
2020 $582 $15,380 $0 $0
2019 $577 $15,260 $0 $0
2017 $549 $14,580 $0 $0
2016 $548 $14,560 $0 $0
2015 $1,441 $14,580 $0 $0
2013 -- $34,460 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Amy LaCount

    Seller's Agent in 2016

    Amy LaCount

    River Towne Real Estate Group

    (256) 504-5024

    7 in this area

    97 Total Sales

    Amy LaCount
    Section Image
  • Traci Thomason

    Buyer's Agent in 2016

    Traci Thomason

    Impact Realty, LLC

    (256) 295-1068

    15 in this area

    143 Total Sales

    Traci Thomason
    Section Image

  • C

    Seller's Agent in 2015

    Craig Gorham

    Vintage Properties, LLC

    Section Image
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Map

Source: ValleyMLS.com

MLS Number: 1042091

ValleyMLS.com

APN: 15-09-32-0-001-072.000

Alabama Etowah County Rainbow City 35906

103 Sherwood Dr, Rainbow City, AL

Not Listed for Sale

Detached

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