NOT LISTED FOR SALE

1140 Rainbow Dr NE Birmingham, AL 35215

Spring Lake Neighborhood

Estimated Value: $111,000 - $153,719

3 Beds
1.5 Baths
1,366 Sq Ft
$103/Sq Ft Est. Value

Last Sold August 05, 2022

Last sale price $160,000 $117 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $845/month

4 Days on Market

Highlights

  • Deck
  • Attic
  • Den
  • Wood Flooring
  • Sun or Florida Room
  • Fenced Yard

About This Home

As of August 2022

Welcome to 1140 Rainbow Dr, this home is waiting for you! There’s so much detail within this home and I can tell you all about it but what’s the fun in that if you don’t come see it for yourself!! We are waiting, see you soon!

Last Agent to Sell the Property

Leshunquina Randolph

RealtySouth-I459 Southwest Listed on: 07/06/2022

RealtySouth-I459 Southwest

Last Buyer's Agent

Rhonda Smith

Keller Williams Realty Vestavia

Keller Williams Realty Vestavia

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $900

Year Built

  • Built in 1965

Lot Details

  • 10,585

Parking

  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,366 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Wood Burning Fireplace
  • Fireplace Features Blower Fan
  • Window Treatments
  • Bay Window
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Sun or Florida Room
  • Crawl Space
  • Attic

Kitchen

  • Breakfast Bar
  • Stove
  • Dishwasher
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Electric Dryer Hookup

Schools

  • Wright Elementary School
  • Huffman Middle School
  • Huffman High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Deck
  • Fenced Yard

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$900

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Down Payment Assistance: Yes
  • Down Payment Assistance URL: https://www.workforce-resource.com/dpr/listing/GALMLS/1326460?w=PubMLS
  • Living Area: 1366
  • Legal Description: Lot 21 BLK 7 Winnetka Estates
  • List Price per Sq Ft: 106.15
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Year Built Description: Existing
  • Year Built: 1965
  • Price Per Sq Ft: 117.13
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1965

Interior Features

  • Interior Amenities: Bay Window
  • Fireplace Details: Blower Fan, Tile (FIREPL)
  • Fireplace Location: Living Room (FIREPL)
  • Fireplace Type: Woodburning
  • Floors: Carpet, Hardwood, Tile Floor, Vinyl
  • Number Fireplaces: 1
  • Windows Treatments: Some to Remain
  • Bedroom/Bathroom Features: Linen Closet
  • Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Concatenated Rooms: |Den1|Sunroom1|DiningRoom1|Kitchen1|MasterBR1|MasterBath1|Bedroom1|Bedroom1|FullBath1|
  • Room 1: Den/Family, On Level: 1
  • Room 2: Sunroom, On Level: 1
  • Room 3: Dining Room, On Level: 1
  • Room 4: Kitchen, On Level: 1
  • Room 5: Master Bedroom, On Level: 1
  • Room 6: Master Bath, On Level: 1
  • Room 7: Bedroom, On Level: 1
  • Room 8: Bedroom, On Level: 1
  • Room 9: Full Bath, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Den/Family (LVL 1), Dining Room (LVL 1), Full Bath (LVL 1), Kitchen (LVL 1), Master Bath (LVL 1), Master Bedroom (LVL 1), Sunroom (LVL 1)
  • Kitchen Countertops: Laminate
  • Kitchen Equipment: Dishwasher Built-In, Stove-Electric
  • Kitchen Features: Breakfast Bar, Eating Area
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Room
  • Attic: Yes
  • Main Level Sq Ft: 1366

Exterior Features

  • Construction: 1 Side Brick, Siding-Other
  • Decks: Yes
  • Decks Type: Open (DECK)
  • Exterior Features: Fenced Yard
  • Foundation: Crawl Space
  • Water Heater: Gas (WTRHTR)

Garage/Parking

  • Parking Features: Driveway Parking

Utilities

  • Heating: Central (HEAT), Electric (HEAT), Forced Air, Gas Heat
  • Cooling: Central (COOL), Electric (COOL)
  • Sewer/Septic System: Connected
  • Water: Public Water
  • HVAC Area: 1366

Schools

  • Elementary School: WRIGHT, T R
  • Middle School: HUFFMAN
  • High School: HUFFMAN

Lot Info

  • Assessor Parcel Number: 12-30-1-002-004.000

Tax Info

  • Tax District: COUNTY
  • Annual Tax: 900

MLS Schools

  • Elementary School: WRIGHT, T R
  • High School: HUFFMAN
  • Jr Middle School: HUFFMAN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2022
Closed on
Aug 16, 2022
Sold by
Rowan Deloris B
Bought by
Dewberry Charles Edward and Murphy Ridisha Shunta
Seller's Agent
Leshunquina Randolph
RealtySouth-I459 Southwest
Buyer's Agent
Rhonda Smith
Keller Williams Realty Vestavia
List Price
$145,000
Sold Price
$160,000
Premium/Discount to List
$15,000
10.34%
Current Estimated Value
$140,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,070
Avg. Annual Appreciation
-5.06%
Original Mortgage
$5,600
Interest Rate
5.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2004
Sold by
Balducci Frederick W and Balducci Tonya B
Bought by
Rowan Deloris B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,568
Interest Rate
5.63%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 29, 1998
Sold by
Smith Gary Alan
Bought by
Balducci Frederick W and Balducci Tonya B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,719
Interest Rate
7.07%
Mortgage Type
VA

Purchase Details

Closed on
Nov 26, 1997
Sold by
Aultman Jerry E and Aultman Teresa R
Bought by
Smith Gary Alan
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
Dewberry Charles Edward $160,000 --
Rowan Deloris B $95,000 --
Balducci Frederick W $69,800 Alabama Title Co Inc
Smith Gary Alan -- Cahaba Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dewberry Charles Edward $11,206
Closed Dewberry Charles Edward $5,600
Open Dewberry Charles Edward $157,102
Previous Owner Rowan Deloris B $92,568
Previous Owner Balducci Frederick W $14,453
Previous Owner Balducci Frederick W $11,500
Previous Owner Balducci Frederick W $71,719
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2022 08/05/22 Sold $160,000 +10.3% $117 / Sq Ft
07/06/2022 07/06/22 For Sale $145,000 -- $106 / Sq Ft
Source: Greater Alabama MLS

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 $923 $12,900 -- --
2022 $761 $11,470 $1,230 $10,240
2021 $688 $10,470 $1,230 $9,240
2020 $634 $9,730 $1,230 $8,500
2019 $634 $9,740 $0 $0
2018 $527 $8,260 $0 $0
2017 $527 $8,260 $0 $0
2016 $527 $8,260 $0 $0
2015 $527 $8,260 $0 $0
2014 $431 $7,160 $0 $0
2013 $431 $7,160 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Leshunquina Randolph

    Seller's Agent in 2022

    Leshunquina Randolph

    RealtySouth

    (205) 442-3993

    5 in this area

    218 Total Sales

    Leshunquina Randolph
    Section Image
  • Rhonda Smith

    Buyer's Agent in 2022

    Rhonda Smith

    Keller Williams Realty Vestavia

    (205) 401-9440

    1 in this area

    53 Total Sales

    Rhonda Smith
    Section Image
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Map

Source: Greater Alabama MLS

MLS Number: 1326460

Greater Alabama MLS

APN: 12-00-30-1-002-004.000

Alabama Jefferson County Birmingham 35215 Spring Lake

1140 Rainbow Dr NE, Birmingham, AL

This home is located at 1140 Rainbow Dr NE, Birmingham, AL 35215 since 06 July 2022 and is currently estimated at $140,930, approximately $103 per square foot. This property was built in 1965. 1140 Rainbow Dr NE is a home located in Jefferson County with nearby schools including Huffman Academy, Huffman Middle School, and Huffman High School Magnet.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Alabama MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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