NOT LISTED FOR SALE

109 Rainbow Glen Cir Madison, AL 35758

Estimated Value: $597,008 - $639,000

5 Beds
3 Baths
3,446 Sq Ft
$180/Sq Ft Est. Value

Last Sold May 14, 2019

Last sale price $400,000 $116 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $3,642/month

89 Days on Market

Highlights

  • Clubhouse
  • Main Floor Primary Bedroom
  • Community Pool
  • Rainbow Elementary School Rated A
  • 2 Fireplaces
  • Tennis Courts

About This Home

As of May 2019

Wonderful home in Rainbow Glen convenient to everything Madison and Huntsville has to offer! This lovely 2 story home has the ideal floor plan with main level master plus another bedroom with full bath, 3 additional bedrooms upstairs and large bonus/rec room! Kitchen is open and spacious with granite countertops, stainless steel appliances, double oven, and pantry! Large breakfast area overlooking the hearth room with gas log fireplace! 2 story great room with gas log fireplace and heavy crown molding. Spacious master suite with trey ceiling and access to the backyard. Lovely curb appeal with stacked stone exterior make this home a show stopper!

Last Agent to Sell the Property

Matt Curtis

Matt Curtis Real Estate, Inc. License #81706 Listed on: 01/14/2019

Co-Listed By

Melissa Hotz

Matt Curtis Real Estate, Inc. License #104002

Last Buyer's Agent

Rachael Miles

RE/MAX Unlimited License #98530

RE/MAX Unlimited

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,787

Year Built

  • Built in 2005

Lot Details

  • 0.33

HOA Fees

  • $42 Monthly HOA Fees

Home Design

  • Slab Foundation

Interior Spaces

  • 3,446 Sq Ft Home
  • Property has 2 Levels
  • 2 Fireplaces
  • Gas Log Fireplace

Kitchen

  • Double Oven
  • Cooktop
  • Microwave

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Schools

  • Discovery Elementary School
  • Bob Jones High School

Additional Features

  • Lot Dimensions are 150 x 95
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 47
  • Assessor Parcel Number 010891508270002004.037

Community Details

Overview

  • Rainbow Landing Association
  • Rainbow Landing Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,787

Year Built

Built in 2005

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Living Area: 3446
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 150 x 95
  • Co List Office Mls Id: 123200
  • Subdivision Name: Rainbow Landing
  • New Construction: No
  • Property Attached Yn: No
  • Year Built: 2005
  • RoomBedroom1Level: First
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Appliances: Cooktop, Double Oven, Microwave, Range, Refrigerator
  • Levels: Two
  • Full Bathrooms: 3
  • Fireplace Features: Gas Log, Two
  • Fireplaces: 2
  • Fireplace: Yes
  • Room Bedroom4 Area: 168
  • Room Bedroom4 Level: Second
  • Room Bedroom3 Area: 156
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 144
  • Room Bedroom3 Level: Second
  • Master Bedroom Master Bedroom Width: 14
  • Room Bedroom2 Level: Second
  • Room Kitchen Area: 195
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 280
  • Room Dining Room Area: 169

Exterior Features

  • Foundation Details: Slab

Utilities

  • Heating: Central 1
  • Cooling: Central 1
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Clubhouse, Common Grounds, Pool, Tennis Court(s)
  • Association Fee: 500
  • Association Fee Frequency: Annually
  • Association Name: Rainbow Landing
  • Association: Yes

Schools

  • Middle Or Junior School: Discovery

Lot Info

  • Parcel Number: 010891508270002004.037
  • ResoLotSizeUnits: Acres

Green Features

Tax Info

  • Tax Lot: 47

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2019
Closed on
May 14, 2019
Sold by
Comer Kenneth B and Comer Lorena
Bought by
Washburn Peter J and Washburn Kelli A Bailey
Seller's Agent
Matt Curtis
Matt Curtis Real Estate, Inc.
Buyer's Agent
Rachael Miles
RE/MAX Unlimited
List Price
$430,000
Sold Price
$400,000
Premium/Discount to List
-$30,000
-6.98%
Current Estimated Value
$621,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,252
Avg. Annual Appreciation
7.08%
Original Mortgage
$320,000
Outstanding Balance
$280,196
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$341,056

Purchase Details

Closed on
Jan 12, 2012
Sold by
Comer Kenneth B and Comer Amy A
Bought by
Comer Kenneth B

Purchase Details

Closed on
Sep 16, 2005
Sold by
Allison Luther
Bought by
Comer Kenneth B and Comer Amy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,700
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
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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
Washburn Peter J $400,000 None Available
Comer Kenneth B -- None Availabel
Comer Kenneth B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Washburn Peter J $320,000
Previous Owner Comer Kenneth B $353,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2019 08/13/19 Off Market $400,000 -- --
05/14/2019 05/14/19 Sold $400,000 -1.2% $116 / Sq Ft
04/13/2019 04/13/19 Pending -- -- --
03/17/2019 03/17/19 Price Changed $405,000 -3.3% $118 / Sq Ft
03/07/2019 03/07/19 Price Changed $419,000 -2.6% $122 / Sq Ft
02/12/2019 02/12/19 For Sale $430,000 +7.5% $125 / Sq Ft
01/16/2019 01/16/19 Off Market $400,000 -- --
01/14/2019 01/14/19 For Sale $430,000 -- $125 / 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
2024 $3,787 $55,040 $7,840 $47,200
2023 $3,787 $53,140 $7,840 $45,300
2022 $3,379 $49,160 $7,840 $41,320
2021 $2,963 $43,180 $6,280 $36,900
2020 $2,818 $41,090 $6,270 $34,820
2019 $4,275 $74,000 $12,540 $61,460
2018 $1,987 $35,220 $0 $0
2017 $1,972 $34,960 $0 $0
2016 $1,972 $34,960 $0 $0
2015 $1,972 $34,960 $0 $0
2014 $2,029 $36,120 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ValleyMLS.com

MLS Number: 1109964

ValleyMLS.com

APN: 15-08-27-0-002-004.037