NOT LISTED FOR SALE

353 Rainbow Dr Madison, AL 35758

Madison Area

Estimated Value: $645,000 - $748,000

4 Beds
4 Baths
4,468 Sq Ft
$154/Sq Ft Est. Value

Sale Details

Date Sold: January 15, 2026

Last sale price $681,000 $152 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,996 / mo

34 Days on Market

Highlights

  • Second Kitchen
  • 2.1 Acre Lot
  • No HOA
  • Discovery Middle School Rated A
  • 1 Fireplace
  • Game Room

About This Home

As of January 2026

Welcome to Country living inside Madison City limits! This completely renovated home is sitting on 2.10 acres with 4 bedrooms and 4 baths, 3 car carport and 2 car attached garage. Walkout Basement features large game room, full kitchen, dining room and large open areas for entertaining. The back yard is an outdoor oasis featuring a koi pond, waterfalls, pavilion, stone fireplace and outdoor fully furnished kitchen.

Last Agent to Sell the Property

Susan Bolan

Re Li Properties License #62351 Listed on: 09/26/2025

Last Buyer's Agent

J R Smith

Crue Realty License #106219

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1977

Lot Details

  • 2.1 Acre Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 4,468 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Game Room
  • Basement
  • Crawl Space
  • Second Kitchen
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 2 Car Attached Garage
  • 3 Attached Carport Spaces
  • Side Facing Garage
  • Garage Door Opener
  • Circular Driveway

Schools

  • Rainbow Elementary School
  • Discovery Middle School
  • Bob Jones High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Rainbow Mountain Heights Subdivision

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 1508270004003000

Home Details

Home Type

Single Family

Year Built

Built in 1977

Lot Details

2.1 Acres

Listing Details

  • Living Area: 4468
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.1
  • Subdivision Name: Rainbow Mountain Heights
  • Architectural Style: Ranch/1 Story, BsmtRanch
  • New Construction: No
  • Property Attached Yn: No
  • Year Built: 1977
  • Special Features: 1028

Interior Features

  • Total Bedrooms: 4
  • Levels: One
  • Basement: Basement, Crawl Space
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Fireplace Features: One
  • Fireplaces: 1
  • Fireplace: Yes
  • Dining Room Type: Master Bedroom, Living Room, Bedroom 2, Dining Room, Bedroom 3, Kitchen, Bedroom 4, 2ndkit, Game Room, Laundry

Exterior Features

  • Construction Type: Brick

Garage/Parking

  • Carport Spaces: 3
  • Parking Features: Garage-Two Car, Garage-Attached, Carport, Attached Carport, Garage Door Opener, Garage Faces Side, Circular Driveway, Driveway-Concrete

Utilities

  • Heating: Central 1
  • Cooling: Central 1
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Discovery

Lot Info

  • Parcel Number: 1508270004003000
  • Lot Size Sq Ft: 91476

Green Features

Tax Info

  • Tax Lot: 12

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2025
Sold by
Obx 2024-Nqm4 Trust
Bought by
Current Estimated Value
$689,412

Purchase Details

Closed on
Apr 15, 2025
Sold by
Obx 2024-Nqm4 Trust
Bought by
Obx 2024-Nqm4 Trust

Purchase Details

Closed on
Dec 12, 2018
Sold by
Gooch Mary L
Bought by
Austin Joel Lee and Austin Paula M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,080
Interest Rate
4.8%
Mortgage Type
VA
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Madison, AL

  • Ada Handley Real Estate Agent - Capstone Realty LLC Huntsville

    Ada Handley

    Capstone Realty LLC Huntsville

    (334) 697-8252

    79 Total Sales

    3 in Madison

    $415K - $849K Price Range

    Ada Handley
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  • Kristan Stanton Real Estate Agent - RE/MAX Unlimited

    Kristan Stanton

    RE/MAX Unlimited

    (256) 973-9857

    128 Total Sales

    10 in Madison

    $185K - $411K Price Range

    Kristan Stanton
     Section Image
  • Grant Linhart Real Estate Agent - Southern Harbor Properties

    Grant Linhart

    Southern Harbor Properties

    (888) 443-1569

    120 Total Sales

    5 in Madison

    $250K - $358K Price Range

    Grant Linhart
     Section Image
  • Patricia Kruse Real Estate Agent - Keller Williams Realty Madison

    Patricia Kruse

    Keller Williams Realty Madison

    (938) 666-5172

    64 Total Sales

    8 in Madison

    $260K - $679K Price Range

    Patricia Kruse
     Section Image
  • Trenten Hammond Real Estate Agent - South Towne Realtors, LLC

    Trenten Hammond

    South Towne Realtors, LLC

    (256) 727-5387

    687 Total Sales

    2 in Madison

    $370K - $500K Price Range

    Trenten Hammond
     Section Image
  • Penny Fields Real Estate Agent - Capstone Realty LLC Huntsville

    Penny Fields

    Capstone Realty LLC Huntsville

    (256) 482-0437

    18 Total Sales

    3 in Madison

    $250K - $340K Price Range

    Penny Fields
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$681,000 None Listed On Document
Obx 2024-Nqm4 Trust $650,000 None Listed On Document
Austin Joel Lee $295,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $906,750
Previous Owner Austin Joel Lee $307,027
Previous Owner Austin Joel Lee $302,080
Previous Owner Gooch Mary L $153,678
Previous Owner Gooch Charles D $210,090
Previous Owner Gooch Charles D $248,492
Previous Owner Gooch Charles Douglas $198,200
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/13/2026 04/13/26 Off Market $681,000 -- --
01/15/2026 01/15/26 Sold $681,000 -2.6% $152 / Sq Ft
10/30/2025 10/30/25 Pending -- -- --
09/26/2025 09/26/25 For Sale $699,000 -- $156 / Sq Ft
Source: ValleyMLS.com

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,299 $33,620 $4,760 $28,860
2024 $2,299 $31,560 $4,760 $26,800
2023 $2,155 $31,560 $4,760 $26,800
2022 $1,962 $28,780 $4,760 $24,020
2021 $1,840 $27,020 $4,760 $22,260
2020 $1,805 $26,500 $4,250 $22,250
2019 $1,026 $20,350 $4,250 $16,100
2018 $1,012 $20,080 $0 $0
2017 $1,012 $20,080 $0 $0
2016 $1,012 $20,080 $0 $0
2015 $1,012 $20,080 $0 $0
2014 $962 $19,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • SB

    Seller's Agent in 2026

    Susan Bolan

    Re Li Properties

    (256) 227-4573

    31 Total Sales

    Susan Bolan
    Section Image

  • JS

    Buyer's Agent in 2026

    J R Smith

    Crue Realty

    (256) 683-2053

    78 Total Sales

    J R Smith
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Map

Source: ValleyMLS.com

MLS Number: 21900130

ValleyMLS.com

APN: 15-08-27-0-004-003.000

Alabama Madison County Madison 35758

353 Rainbow Dr, Madison, AL

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