NOT LISTED FOR SALE

140 Rainbow Glen Cir Madison, AL 35758

Estimated Value: $637,000 - $684,000

4 Beds
3.5 Baths
3,730 Sq Ft
$175/Sq Ft Est. Value

Last Sold January 07, 2021

Last sale price $455,000 $122 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $3,858/month

3 Days on Market

Highlights

  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Multiple Heating Units
  • Rainbow Elementary School Rated A
  • Two cooling system units
  • Gas Log Fireplace

About This Home

As of January 2021

This wonderful full brick custom home sits adjacent to Rainbow Elementary and the nearby Rainbow Mountain trails. Nice street appeal and mature landscaping with attractive hillside perspective over the community. Gleaming oak hardwood floors run throughout the main floor. Lots of natural light floods the living and entertainment areas, with soaring ceilings and large windows. Eat-in kitchen offers granite counters, tons of storage, stainless wall ovens, and french door access to the back yard. Owner's retreat has wood floors, trey ceiling, large bathroom suite with new tile floors and double sinks. Secondary rooms have spacious closets, crown moulding and ceiling fans. HVAC new in 2018.

Last Agent to Sell the Property

Blake Landry

RE/MAX Today License #80878 Listed on: 12/03/2020

RE/MAX Today

Last Buyer's Agent

Mike Manosky

RE/MAX Alliance License #47275

RE/MAX Alliance

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,271

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 95 x 150.03

HOA Fees

  • $50 Monthly HOA Fees

Home Design

  • Traditional Architecture

Interior Spaces

  • 3,730 Sq Ft Home
  • Property has 2 Levels
  • Gas Log Fireplace
  • Crawl Space

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Schools

  • Discovery Elementary School
  • Bob Jones High School

Utilities

  • Two cooling system units
  • Multiple Heating Units

Community Details

  • Rainbow Landing HOA
  • Rainbow Landing Subdivision

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 1508270002004.027

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,271

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Living Area: 3730
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.33
  • Lot Size: 95 x 150.03
  • Subdivision Name: Rainbow Landing
  • Architectural Style: Traditional
  • New Construction: No
  • Property Attached Yn: No
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Appliances: Dishwasher, Disposal, Microwave, Oven
  • Levels: Two
  • Basement: Crawl Space
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplace Features: Gas Log, One
  • Fireplaces: 1
  • Fireplace: Yes
  • Room Bedroom4 Area: 168
  • Room Bedroom4 Level: Second
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 180
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 182
  • Room Bedroom3 Level: Second
  • Master Bedroom Master Bedroom Width: 16
  • Room Family Room Area: 357
  • Room Bedroom2 Level: Second
  • Room Family Room Level: First
  • Room Living Room Area: 168
  • Room Kitchen Area: 247
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 320
  • Room Dining Room Area: 180

Utilities

  • Heating: Central 2
  • Cooling: Central 2
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 600
  • Association Fee Frequency: Annually
  • Association Name: Rainbow Landing HOA
  • Association: Yes

Schools

  • Middle Or Junior School: Discovery

Lot Info

  • Parcel Number: 1508270002004.027
  • Lot Size Sq Ft: 14374.8
  • ResoLotSizeUnits: Acres

Green Features

Tax Info

  • Tax Lot: 21

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2020
Closed on
Jan 7, 2021
Sold by
Hervias Carol A
Bought by
Bowman Nathan Daniel and Bowman Bethany Schonhoff
Seller's Agent
Blake Landry
RE/MAX Today
Buyer's Agent
Mike Manosky
RE/MAX Alliance
List Price
$450,000
Sold Price
$455,000
Premium/Discount to List
$5,000
1.11%
Current Estimated Value
$652,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,898
Avg. Annual Appreciation
7.83%
Original Mortgage
$432,250
Outstanding Balance
$385,717
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$267,181

Purchase Details

Closed on
Jan 17, 2017
Sold by
Mungo Homes Of Alabama Inc
Bought by
Stewart Charlie and Stewart Theodora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$454,775
Interest Rate
4.3%
Mortgage Type
VA

Purchase Details

Closed on
Jun 27, 2005
Sold by
Lexington Properties Llc
Bought by
Hervias Victor F and Hervias Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,900
Interest Rate
5.28%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Bowman Nathan Daniel $455,000 None Available
Stewart Charlie $465,000 None Available
Hervias Victor F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowman Nathan Daniel $432,250
Previous Owner Stewart Charlie $454,775
Previous Owner Hervias Victor F $174,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2021 04/07/21 Off Market $455,000 -- --
01/07/2021 01/07/21 Sold $455,000 +1.1% $122 / Sq Ft
12/06/2020 12/06/20 Pending -- -- --
12/03/2020 12/03/20 For Sale $450,000 -- $121 / 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 $4,271 $62,000 $7,840 $54,160
2023 $4,271 $59,820 $7,840 $51,980
2022 $3,647 $53,020 $7,840 $45,180
2021 $3,202 $46,620 $6,280 $40,340
2020 $3,045 $44,340 $6,270 $38,070
2019 $0 $42,730 $6,270 $36,460
2018 $0 $40,600 $0 $0
2017 $0 $40,280 $0 $0
2016 $0 $40,280 $0 $0
2015 -- $40,280 $0 $0
2014 $2,347 $41,660 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Blake Landry

    Seller's Agent in 2021

    Blake Landry

    RE/MAX

    (256) 468-2190

    10 in this area

    137 Total Sales

    Blake Landry
    Section Image
  • Mike Manosky

    Buyer's Agent in 2021

    Mike Manosky

    RE/MAX

    (256) 508-0211

    15 in this area

    190 Total Sales

    Mike Manosky
    Section Image
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Map

Source: ValleyMLS.com

MLS Number: 1770609

ValleyMLS.com

APN: 15-08-27-0-002-004.027

Alabama Madison County Madison 35758

140 Rainbow Glen Cir, Madison, AL

This home is located at 140 Rainbow Glen Cir, Madison, AL 35758 since 03 December 2020 and is currently estimated at $652,898, approximately $175 per square foot. 140 Rainbow Glen Cir is a home located in Madison County with nearby schools including Rainbow Elementary School, Discovery Middle School, and Bob Jones High School.

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