NOT LISTED FOR SALE

131 Merchant Dr Rainbow City, AL 35906

Estimated Value: $261,292 - $407,000

Studio
2 Baths
1,870 Sq Ft
$190/Sq Ft Est. Value

About This Home

This home is located at 131 Merchant Dr, Rainbow City, AL 35906 and is currently estimated at $355,823, approximately $190 per square foot. 131 Merchant Dr is a home located in Etowah County with nearby schools including John S. Jones Elementary School, Southside High School, and Rainbow Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2019
Sold by
Ingram Sidney Ray
Bought by
Johnson Laura Hill
Current Estimated Value
$355,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,800
Outstanding Balance
$108,847
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$246,976

Purchase Details

Closed on
Jul 25, 2014
Sold by
Jean Leeann Jean Leeann and Ingram Jean Leeann
Bought by
Ingram Sidney Ray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,000
Interest Rate
4.19%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Johnson Laura Hill $156,000 None Available
Ingram Sidney Ray -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Laura Hill $124,800
Previous Owner Ingram Sidney Ray $166,000
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 $883 $22,740 $340 $22,400
2024 $945 $24,240 $340 $23,900
2023 $945 $24,230 $340 $23,890
2022 $755 $19,610 $340 $19,270
2021 $579 $15,310 $340 $14,970
2020 $579 $15,320 $0 $0
2019 $435 $11,800 $0 $0
2017 $505 $13,520 $0 $0
2016 $505 $13,520 $0 $0
2015 $505 $13,520 $0 $0
2013 -- $13,900 $0 $0
Source: Public Records

Map

Alabama Etowah County Rainbow City 35906

131 Merchant Dr, Rainbow City, AL

Not Listed for Sale

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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.