NOT LISTED FOR SALE

407 Shane Ln Rainbow City, AL 35906

Estimated Value: $253,000 - $277,000

3 Beds
2 Baths
2,585 Sq Ft
$103/Sq Ft Est. Value

Last Sold May 03, 2017

Last sale price $125,000 $48 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $1,494/month

187 Days on Market

Highlights

  • No HOA
  • Two cooling system units
  • Central Heating and Cooling System
  • John S. Jones Elementary School Rated A-

About This Home

As of May 2017

2 homes are better than 1! Check out this full brick 3 BR, 2 BA home located in a great location in Rainbow City! It features a living room, kitchen with breakfast nook, dining room, laundry room and 2 car garage! The 2nd house is connected by a covered walkway & would be the perfect set-up for a mother in law, college students or even as a rental property! The 2nd home features 2 large bedrooms, 1 full bath, living room, dining area, kitchen and laundry area! Convenient to schools & shopping all in an established neighborhood!

Last Agent to Sell the Property

Becky West

Bone Realty Company License #104194 Listed on: 10/28/2016

Last Buyer's Agent

Diane Dykes

Clokey Realty Inc License #109801

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $586

Year Built

  • Built in 1982

Lot Details

  • Lot Dimensions are 80 x 140

Interior Spaces

  • 2,585 Sq Ft Home
  • Property has 1 Level
  • Crawl Space

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Rainbow Elementary School
  • Southside High School

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Druid Park Subdivision

Listing and Financial Details

  • Tax Lot 29
  • Assessor Parcel Number PIN #48234

Home Details

Home Type

Single Family

Est. Annual Taxes

$586

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Living Area: 2585
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 80 x 140
  • Subdivision Name: Druid Park
  • Architectural Style: Ranch/1 Story
  • New Construction: No
  • Property Attached Yn: No
  • Year Built: 1982
  • Special Features: VirtualTour

Interior Features

  • Total Bedrooms: 3
  • Appliances: Dishwasher, Electric Water Heater, Gas Water Heater, Range
  • Levels: One
  • Basement: Crawl Space
  • Full Bathrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • ResoLivingAreaSource: Appraiser
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom3 Level: First
  • Room Bedroom2 Level: First

Utilities

  • Heating: Central 1, Electric
  • Cooling: Central 1, Central 2
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Rainbow

Lot Info

  • Parcel Number: PIN #48234
  • ResoLotSizeUnits: Acres

Green Features

Tax Info

  • Tax Lot: 29

MLS Schools

  • Elementary School: John S Jones Elementary
  • High School: Southside High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2016
Closed on
May 3, 2017
Sold by
Roundy Jonathan and Roundy Emily Ann
Bought by
Chandler Gloria J and Chandler Jerry E
Seller's Agent
Becky West
Bone Realty Company
Buyer's Agent
Diane Dykes
Clokey Realty Inc
List Price
$135,000
Sold Price
$125,000
Premium/Discount to List
-$10,000
-7.41%
Current Estimated Value
$267,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,272
Avg. Annual Appreciation
8.76%
Original Mortgage
$125,000
Outstanding Balance
$104,448
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$147,305

Purchase Details

Closed on
Sep 23, 2015
Bought by
Ann Emily

Purchase Details

Closed on
Oct 21, 2011
Sold by
Erwin Martha Copeland
Bought by
Thompson Jerry S
Source: Public Records

Range of Values:

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
Chandler Gloria J $125,000 None Available
Ann Emily $133,900 --
Thompson Jerry S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chandler Gloria J $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2017 08/03/17 Off Market $125,000 -- --
05/03/2017 05/03/17 Sold $125,000 -3.8% $48 / Sq Ft
02/09/2017 02/09/17 Price Changed $129,900 -3.8% $50 / Sq Ft
10/28/2016 10/28/16 For Sale $135,000 -- $52 / 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 $586 $20,840 $2,160 $18,680
2023 $586 $20,830 $2,160 $18,670
2022 $462 $17,220 $0 $0
2021 $346 $13,860 $2,160 $11,700
2020 $455 $13,860 $0 $0
2019 $1,120 $27,320 $0 $0
2017 $0 $12,080 $0 $0
2016 -- $12,080 $0 $0
2015 $810 $12,080 $0 $0
2013 -- $18,360 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: ValleyMLS.com

MLS Number: 1056557

ValleyMLS.com

APN: 15-09-31-2-000-031.000