NOT LISTED FOR SALE

4891 Rainbow Dr Rainbow City, AL 35906

Estimated Value: $268,344 - $331,000

3 Beds
2.5 Baths
1,962 Sq Ft
$150/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $255,000 $130 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,646/month

18 Days on Market

Highlights

  • Traditional Architecture
  • Main Floor Primary Bedroom
  • 2 Car Attached Garage
  • John S. Jones Elementary School Rated A-
  • No HOA
  • Central Heating and Cooling System

About This Home

As of September 2021

NEW LISTING-RAINBOW CITY-RAINBOW DRIVE-NICE BRICK HOME WITH 3 BEDROOMS, 2.5 BATHS, BONUS OR 4TH BEDROOM W/HALF BATH, HARDWOOD, TILE AND GRANITE COUNTER TOP. MASTER BATH UPDATE ABOUT 5 YEARS AGO. SEPERATE GLAMOR TUB AND SHOWER, GRANITE VANITY TOP. IT HAS A GREAT BACK YARD WITH SCREEND PORCH AND PATIO. ITS READY FOR THAT NEW OWNER AT $245,000

Last Agent to Sell the Property

Randall Tallent

Impact Realty, LLC License #40258 Listed on: 08/20/2021

Last Buyer's Agent

Patty Beal

Advantage Properties License #119298

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $954

Year Built

  • Built in 2008

Lot Details

  • Lot Dimensions are 143 x 209 x 140 x 236

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,962 Sq Ft Home
  • Crawl Space

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Schools

  • Rainbow Elementary School
  • Southside High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Metes And Bounds Subdivision

Listing and Financial Details

  • Legal Lot and Block MB / MB
  • Assessor Parcel Number 2001110001009.020

Home Details

Home Type

Single Family

Est. Annual Taxes

$954

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Living Area: 1962
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 143 x 209 x 140 x 236
  • Subdivision Name: Metes And Bounds
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Year Built: 2008
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Appliances: Dishwasher, Microwave, Range
  • Basement: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Room Bedroom3 Area: 132
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 120
  • Room Bedroom3 Level: First
  • Master Bedroom Master Bedroom Width: 15
  • Room Family Room Area: 285
  • Room Bedroom2 Level: First
  • Room Family Room Level: First
  • Room Kitchen Area: 121
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 210
  • Room Dining Room Area: 121

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Attached, Garage Door Opener, Garage Faces Front, Two Car Garage

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Rainbow

Lot Info

  • Parcel Number: 2001110001009.020
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: MB
  • Tax Lot: MB

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
Jul 14, 2014
Closed on
Dec 22, 2014
Bought by
Ridgeway Adam Drew and Ridgeway Jennifer B
Seller's Agent
Gina Copeland
Clokey Realty Inc
Buyer's Agent
Gail Minshew
Keller Williams Gadsden
List Price
$184,000
Sold Price
$150,000
Premium/Discount to List
-$34,000
-18.48%
Current Estimated Value
$293,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,836
Avg. Annual Appreciation
4.63%
Original Mortgage
$65,000
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2014
Sold by
Jack Ross Jack Ross and Shiner Heidi L
Bought by
Stone Financing Llc
Source: Public Records

Range of Values:

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Average Value
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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
Ridgeway Adam Drew $150,000 --
Stone Financing Llc $184,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ridgeway Thomas $165,840
Closed Ridgeway Adam Drew $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2021 09/30/21 Sold $255,000 +4.1% $130 / Sq Ft
09/07/2021 09/07/21 Pending -- -- --
08/20/2021 08/20/21 For Sale $245,000 +63.3% $125 / Sq Ft
03/23/2015 03/23/15 Off Market $150,000 -- --
01/15/2015 01/15/15 Sold $150,000 -18.5% $76 / Sq Ft
12/15/2014 12/15/14 Pending -- -- --
07/14/2014 07/14/14 For Sale $184,000 -- $94 / 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 $954 $24,460 $920 $23,540
2023 $954 $24,450 $910 $23,540
2022 $1,632 $19,900 $910 $18,990
2021 $1,262 $15,390 $820 $14,570
2020 $1,262 $30,780 $0 $0
2019 $1,262 $30,780 $0 $0
2017 $567 $15,020 $0 $0
2016 $1,231 $30,020 $0 $0
2015 $1,165 $30,020 $0 $0
2013 -- $17,680 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ValleyMLS.com

MLS Number: 1789045

ValleyMLS.com

APN: 20-01-11-0-001-009.020