NOT LISTED FOR SALE

4836 Rainbow Dr Rainbow City, AL 35906

Estimated Value: $200,000 - $244,000

2 Beds
2 Baths
1,800 Sq Ft
$127/Sq Ft Est. Value

Last Sold July 05, 2016

Last sale price $110,000 $61 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $1,305/month

46 Days on Market

Highlights

  • 2.2 Acre Lot
  • 1 Fireplace
  • Central Air
  • John S. Jones Elementary School Rated A-
  • No HOA
  • Heating System Uses Gas

About This Home

As of July 2016

Rainbow City-First time on market. Full brick home sits on 2.2+/- acres. This 2 bedroom, and 2 full baths has large kitchen, sunken den with fireplace and detached garage. One year home warranty with AHS included.

Last Agent to Sell the Property

Kyle Ryan

ERA King Real Estate License #67903 Listed on: 04/28/2016

ERA King Real Estate

Last Buyer's Agent

Kyle Ryan

ERA King Real Estate License #67903 Listed on: 04/28/2016

ERA King Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $694

Lot Details

  • 2.2 Acre Lot

Interior Spaces

  • 1,800 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Crawl Space
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Rainbow Elementary School
  • Southside High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Septic Tank

Community Details

  • No Home Owners Association
  • Metes And Bounds Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2001020001022.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$694

Lot Details

0

Listing Details

  • Living Area: 1800
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.2
  • Subdivision Name: Metes And Bounds
  • Architectural Style: Ranch/1 Story
  • New Construction: No
  • Property Attached Yn: No
  • Special Features: VirtualTour

Interior Features

  • Total Bedrooms: 2
  • Appliances: Range
  • Levels: One
  • Basement: Crawl Space
  • Full Bathrooms: 2
  • Fireplace Features: One
  • Fireplaces: 1
  • Fireplace: Yes
  • ResoLivingAreaSource: Appraiser
  • Master Bedroom Master Bedroom Level: First

Utilities

  • Heating: Gas(n/a use NGas or PGas)
  • 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: Rainbow

Lot Info

  • Parcel Number: 2001020001022.000
  • Lot Size Sq Ft: 95832
  • ResoLotSizeUnits: Acres

Green Features

Tax Info

  • Tax Lot: 0

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
Apr 28, 2016
Closed on
Jun 29, 2016
Sold by
Smith Boyd Bettye and Boyd William J
Bought by
Vissering Gene
Seller's Agent
Kyle Ryan
ERA King Real Estate
Buyer's Agent
Kyle Ryan
ERA King Real Estate
List Price
$116,200
Sold Price
$110,000
Premium/Discount to List
-$6,200
-5.34%
Current Estimated Value
$228,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,924
Avg. Annual Appreciation
7.31%
Original Mortgage
$108,007
Outstanding Balance
$86,479
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$122,974
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
Vissering Gene $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vissering Gene $108,007
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2016 10/05/16 Off Market $110,000 -- --
07/05/2016 07/05/16 Sold $110,000 -5.3% $61 / Sq Ft
06/13/2016 06/13/16 Pending -- -- --
04/28/2016 04/28/16 For Sale $116,200 -- $65 / 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 $694 $18,120 $1,480 $16,640
2023 $694 $18,110 $1,480 $16,630
2022 $562 $14,900 $0 $0
2021 $441 $11,960 $1,540 $10,420
2020 $441 $11,960 $0 $0
2019 $441 $11,960 $0 $0
2017 $384 $10,560 $0 $0
2016 $783 $19,100 $0 $0
2015 $783 $19,100 $0 $0
2013 -- $22,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2016

    Kyle Ryan

    ERA King Real Estate

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Map

Source: ValleyMLS.com

MLS Number: 1043859

ValleyMLS.com

APN: 20-01-02-0-001-022.000

Alabama Etowah County Rainbow City 35906

4836 Rainbow Dr, Rainbow City, AL

This home is located at 4836 Rainbow Dr, Rainbow City, AL 35906 since 28 April 2016 and is currently estimated at $228,924, approximately $127 per square foot. 4836 Rainbow Dr is a home located in Etowah County with nearby schools including John S. Jones Elementary School, Southside High School, and Rainbow Middle School.

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