$460,000
SOLD SEP 28, 2017

1141 Rainbow Ave S Rainsville, AL 35986

5 Beds
4.5 Baths
4,997 Sq Ft
2.75 Acres

Recently Sold

$92 Per Sq Ft

4% Below List Price

Highlights

  • Covered Deck
  • Wood Flooring
  • Solid Surface Countertops
  • Family Room with Fireplace
  • Main Floor Primary Bedroom
  • 4 Car Attached Garage

About This Home

As of February 2021

A Home With True Elegance! Intriguing Craftsman home offers grand, entertaining opportunities in this 5 bedroom, 4 and one half bath home featuring a chef's choice kitchen with oversized island, spacious hearth room with fireplace and breakfast area surrounded with windows galore. Formal dining flows to the open front stone patio overlooking the "Old Oak". Floor to ceiling windows welcomes you from the Foyer to the Family room with soaring ceilings and cozy fireplace. Owners suite offers sitting area and a private stone patio to enjoy quite time morning or evening. Good times will be had by all in the "Gentleman's" room overlooking the pond. Game Room, storm shelter, workshop, so much more

Last Agent to Sell the Property

Tina Burt

Ole Heritage Realty Inc. License #000050532 Listed on: 09/30/2016

Last Buyer's Agent

Tina Burt

Ole Heritage Realty Inc. License #000050532 Listed on: 09/30/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,914

Year Built

  • 2007

Parking

  • 4 Car Attached Garage
  • Side Facing Garage

Interior Spaces

  • 4,997 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Recessed Lighting
  • Stone Fireplace
  • Gas Fireplace
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Den with Fireplace
  • Crawl Space

Kitchen

  • Stove
  • Built-In Microwave
  • Solid Surface Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

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

Outdoor Features

  • Covered Deck

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Tankless Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 16-06-23-0-001-018.0002

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,914

Year Built

2007

Lot Details

0

Parking

4

Listing Details

  • Class: RESIDENTIAL
  • Living Area: 4997
  • Legal Description: PIN#054537
  • List Price per Sq Ft: 96.04
  • Number Levels: 2+ Story
  • Property Type: Single Family
  • Year Built Description: Existing
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2007

Interior Features

  • Interior Amenities: Recess Lighting
  • Fireplace Details: Stone (FIREPL)
  • Fireplace Location: Den (FIREPL), Family Room (FIREPL), Living Room (FIREPL)
  • Fireplace Type: Gas (FIREPL)
  • Floors: Hardwood, Tile Floor
  • Number Fireplaces: 3
  • Bedroom/Bathroom Features: Tub/Shower Combo
  • Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Concatenated Rooms: |Kitchen1|Living1|Laundry1|MasterBR1|Bedroom2|Bedroom2|Bedroom2|
  • Room 1: Kitchen, 00x00, On Level: 1
  • Room 2: Living, 00x00, On Level: 1
  • Room 3: Laundry, 00x00, On Level: 1
  • Room 4: Master Bedroom, 00x00, On Level: 1
  • Room 5: Bedroom, 00x00, On Level: 2
  • Room 6: Bedroom, 00x00, On Level: 2
  • Room 7: Bedroom, 00x00, On Level: 2
  • Rooms Level 1: Kitchen (LVL 1), Laundry (LVL 1), Living (LVL 1), Master Bedroom (LVL 1)
  • Rooms Level 2 Plus: Bedroom (LVL 2+)
  • Kitchen Countertops: Solid Surface
  • Kitchen Equipment: Microwave Built-In, Refrigerator, Stove-Electric
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Room
  • Main Level Sq Ft: 4997

Exterior Features

  • Construction: 4 Side Brick
  • Decks: Yes
  • Decks Type: Covered (DECK)
  • Exterior Features: Storage Building
  • Foundation: Crawl Space
  • Water Heater: Tankless

Garage/Parking

  • Garage Entry Location: Side
  • Number Garage Spaces Bsmt Lvl: 1
  • Number Garage Spaces Main Lvl: 3
  • Number Total Garage Spaces: 4
  • Parking Features: Attached

Utilities

  • Heating: Central (HEAT)
  • Cooling: Central (COOL)
  • Sewer/Septic System: Septic
  • Underground Utils: Yes
  • Water: Public Water

Schools

  • Elementary School: PLAINVIEW
  • Middle School: PLAINVIEW
  • High School: PLAINVIEW

Lot Info

  • Assessor Parcel Number: 16-06-23-0-001-018.0002

Tax Info

  • Tax District: RAINSVILLE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2020
Closed on
Jan 29, 2021
Sold by
Workman Michael and Workman Rebecca
Bought by
Grillo Colleen and Grillo Michael
Seller's Agent
Angela Wilson
Re/Max Property Center
Buyer's Agent
Donna Powell
Re/Max Property Center
List Price
$549,496
Sold Price
$542,500
Premium/Discount to List
-$6,996
-1.27%
Current Estimated Value
$759,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,719
Avg. Annual Appreciation
6.88%

Purchase Details

Listed on
Sep 30, 2016
Closed on
Sep 29, 2017
Sold by
Taylor Urias and Taylor Marilyn
Bought by
Workman Michael and Workman Rebecca
Seller's Agent
Tina Burt
Ole Heritage Realty Inc.
Buyer's Agent
Tina Burt
Ole Heritage Realty Inc.
List Price
$479,900
Sold Price
$460,000
Premium/Discount to List
-$19,900
-4.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.05%
Original Mortgage
$460,000
Interest Rate
3.89%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $542,500 None Available
Warranty Deed $460,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $460,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2021 05/03/21 Off Market $542,500 -- --
02/02/2021 02/02/21 Sold $542,500 -1.3% $94 / Sq Ft
12/17/2020 12/17/20 Pending -- -- --
12/07/2020 12/07/20 For Sale $549,496 +1.3% $95 / Sq Ft
12/07/2020 12/07/20 Off Market $542,500 -- --
11/10/2020 11/10/20 Price Changed $549,496 -1.8% $95 / Sq Ft
08/07/2020 08/07/20 For Sale $559,496 0.0% $97 / Sq Ft
06/19/2020 06/19/20 Pending -- -- --
06/06/2020 06/06/20 For Sale $559,496 +21.6% $97 / Sq Ft
09/28/2017 09/28/17 Sold $460,000 -4.1% $92 / Sq Ft
08/31/2017 08/31/17 Pending -- -- --
09/30/2016 09/30/16 For Sale $479,900 -- $96 / 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 $2,914 $73,300 $1,960 $71,340
2023 $2,515 $63,460 $0 $0
2022 $2,695 $66,540 $1,960 $64,580
2021 $1,829 $46,520 $1,580 $44,940
2020 $1,634 $41,700 $1,580 $40,120
2019 $1,634 $41,700 $1,580 $40,120
2018 $1,285 $38,640 $0 $0
2017 $1,219 $36,720 $0 $0
2015 $1,432 $36,720 $0 $0
2014 $1,432 $36,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 795110

Greater Alabama MLS

APN: 16-06-23-0-001-018.002