NOT LISTED FOR SALE

3045 Rainbow Ave N Rainsville, AL 35986

Estimated Value: $283,000 - $347,498

4 Beds
2.5 Baths
2,530 Sq Ft
$127/Sq Ft Est. Value

Last Sold March 17, 2022

Last sale price $245,000 $97 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,712/month

70 Days on Market

Highlights

  • 1.7 Acre Lot
  • Two cooling system units
  • 2 Car Garage
  • No HOA
  • Central Heating and Cooling System
  • Gas Log Fireplace

About This Home

As of March 2022

Great location! 4 Bedroom home in Rainsville ! Has office that is currently being used as 5th Bedroom . This is a very unique property with open living room, 4 bedrooms, 2.5 baths. Lots of storage space !

Last Agent to Sell the Property

Mike Grant

Re/Max Property Center License #117037 Listed on: 11/30/2021

Re/Max Property Center

Last Buyer's Agent

Tara Bethune

Re/Max Guntersville License #111408

Re/Max Guntersville

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1994

Lot Details

  • 1.7 Acre Lot

Parking

  • 2 Car Garage

Interior Spaces

  • 2,530 Sq Ft Home
  • Property has 1 Level
  • Gas Log Fireplace
  • Crawl Space

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Plainview Elementary School
  • Plainview High School

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Septic Tank

Community Details

  • No Home Owners Association
  • Love Farm Subdivision

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 1504180003008.000

Home Details

Home Type

Single Family

Year Built

Built in 1994

Lot Details

0

Parking

2

Listing Details

  • Living Area: 2530
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.7
  • Subdivision Name: Love Farm
  • Carport Y N: No
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Year Built: 1994
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Appliances: Cooktop, Dishwasher, Microwave, Oven, Refrigerator
  • Levels: One and One Half
  • Basement: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplace Features: Gas Log, One
  • Fireplaces: 1
  • Fireplace: Yes
  • Room Bedroom4 Area: 253
  • Room Bedroom4 Level: Second
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 143
  • Master Bedroom Master Bedroom Level: First
  • Room Office Area: 143
  • Room Bedroom2 Area: 154
  • Room Bedroom3 Level: Second
  • Master Bedroom Master Bedroom Width: 18
  • Room Bedroom2 Level: Second
  • Room Office Level: First
  • Room Living Room Area: 312
  • Room Kitchen Area: 286
  • Room Master Bedroom Area: 234

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Two Car Garage

Utilities

  • Heating: Central 1, Central 2
  • Cooling: Central 1, Central 2
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Plainview

Lot Info

  • Parcel Number: 1504180003008.000
  • Lot Size Sq Ft: 74052
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: XX
  • Tax Lot: 7

MLS Schools

  • Elementary School: Plainview
  • High School: Plainview

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 4, 2019
Sold by
Culpepper Terry and Culpepper Lorene M
Bought by
Youngblood Holly L and Youngblood Stephen
Current Estimated Value
$321,375

Purchase Details

Listed on
Oct 22, 2017
Closed on
Jan 5, 2018
Sold by
Culpepper Terry and Culpepper Lorene M
Bought by
Youngblood Holly L and Youngblood Stephen
Seller's Agent
Olivia Mauney
Ole Heritage Realty, Inc.
Buyer's Agent
Laurie Anderson
Re/Max Guntersville
List Price
$159,000
Sold Price
$154,500
Premium/Discount to List
-$4,500
-2.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.02%
Original Mortgage
$151,701
Interest Rate
3.92%
Mortgage Type
FHA
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
Youngblood Holly L $500 None Available
Youngblood Holly L $154,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Youngblood Holly L $151,701
Previous Owner Culpepper Terry $90,400
Previous Owner Culpepper Terry $90,813
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2022 03/17/22 Sold $245,000 0.0% $97 / Sq Ft
02/07/2022 02/07/22 Pending -- -- --
01/04/2022 01/04/22 Price Changed $245,000 -2.0% $97 / Sq Ft
11/29/2021 11/29/21 For Sale $249,900 +61.7% $99 / Sq Ft
04/05/2018 04/05/18 Off Market $154,500 -- --
01/05/2018 01/05/18 Sold $154,500 -2.8% $68 / Sq Ft
01/01/2018 01/01/18 Pending -- -- --
10/22/2017 10/22/17 For Sale $159,000 -- $70 / 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 -- $32,120 $880 $31,240
2023 $0 $21,620 $0 $0
2022 $782 $20,660 $660 $20,000
2021 $600 $16,180 $660 $15,520
2020 $533 $14,520 $660 $13,860
2019 $567 $15,360 $660 $14,700
2018 $564 $15,280 $0 $0
2017 $515 $14,080 $0 $0
2015 $508 $13,900 $0 $0
2014 $508 $13,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ValleyMLS.com

MLS Number: 1796298

ValleyMLS.com

APN: 15-04-18-0-003-008.000