Seller's Agent in 2021
Monika Glennon
RE/MAX
(256) 665-8772
12 in this area
100 Total Sales
432 Rainbow Dr Madison, AL 35758
Estimated Value: $617,000 - $686,932
6
Beds
5
Baths
5,165
Sq Ft
$127/Sq Ft
Est. Value
Highlights
- 2 Acre Lot
- Ranch Style House
- No HOA
- Rainbow Elementary School Rated A
- 2 Fireplaces
- Multiple cooling system units
About This Home
As of June 2021LOCATION LOCATION LOCATION!!! Over 5,000 sqft of home sitting on 2 acres in the heart of Madison on a dead end street. Bob Jones school district. Surrounded by trees, very private. Lots and lots of space to live and play. Huge sunroom, in-ground fully fenced pool with new liner. 6 bedrooms/4 bathrooms ( 2 beds and rec room in basement). Remodel this home to make this your personal retreat or invest and "flip"!! Sold "as is , where is". Don't miss out on this opportunity!
Home Details
Home Type
- Single Family
Lot Details
- 2 Acre Lot
Home Design
- Ranch Style House
- Brick Exterior Construction
Interior Spaces
- 5,165 Sq Ft Home
- 2 Fireplaces
- Basement
Bedrooms and Bathrooms
- 6 Bedrooms
Schools
- Discovery Elementary School
- Bob Jones High School
Utilities
- Multiple cooling system units
- Multiple Heating Units
- Septic Tank
Community Details
- No Home Owners Association
- Rainbow Mountain Heights Subdivision
Listing and Financial Details
- Tax Lot 4
- Assessor Parcel Number 1508270004037.000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 29, 2021
Closed on
Jun 4, 2021
Sold by
Frangias Laurence and Frangias Annette
Bought by
Gauthier Stephen Ellis and Gauthier Elizabeth Reeves
Seller's Agent
Monika Glennon
RE/MAX Alliance
Buyer's Agent
Samantha Walker
Capstone Realty LLC Huntsville
Sold Price
$465,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,733
Avg. Annual Appreciation
7.28%
Original Mortgage
$425,000
Outstanding Balance
$383,104
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$273,629
Purchase Details
Closed on
Nov 14, 2008
Sold by
Malcolm Roberta Goetz
Bought by
Franglas Laurence and Franglas Annette
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
6.51%
Mortgage Type
New Conventional
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gauthier Stephen Ellis | $465,000 | None Available | |
| Franglas Laurence | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gauthier Stephen Ellis | $425,000 | |
| Previous Owner | Franglas Laurence | $292,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/09/2026 02/09/26 | Off Market | $465,000 | -- | -- |
| 06/10/2024 06/10/24 | Off Market | $465,000 | -- | -- |
| 06/07/2021 06/07/21 | Sold | $465,000 | -- | $90 / Sq Ft |
| 05/07/2021 05/07/21 | Pending | -- | -- | -- |
Source: ValleyMLS.com
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 | -- | $58,440 | $4,760 | $53,680 |
| 2024 | -- | $54,620 | $4,760 | $49,860 |
| 2023 | $3,477 | $49,580 | $4,760 | $44,820 |
| 2022 | $6,919 | $99,100 | $9,500 | $89,600 |
| 2021 | $5,763 | $82,460 | $9,500 | $72,960 |
| 2020 | $2,793 | $40,730 | $4,250 | $36,480 |
| 2019 | $2,305 | $40,730 | $4,250 | $36,480 |
| 2018 | $2,276 | $40,240 | $0 | $0 |
| 2017 | $2,276 | $40,240 | $0 | $0 |
| 2016 | $2,276 | $40,240 | $0 | $0 |
| 2015 | $2,276 | $40,240 | $0 | $0 |
| 2014 | $2,163 | $38,460 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Monika Glennon
-
Samantha Walker
Buyer's Agent in 2021
Samantha Walker
Capstone Realty LLC Huntsville
(256) 656-3152
31 in this area
421 Total Sales
Map
Source: ValleyMLS.com
MLS Number: 1779924
APN: 15-08-27-0-004-037.000
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.
Properties marked with this icon are provided courtesy of the Valley MLS IDX Database. Some or all of the listings displayed may not belong to the firm whose website is being visited.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
Copyright 2026 Valley MLS
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