NOT LISTED FOR SALE

500 Rainbow Dr Madison, AL 35758

Estimated Value: $550,665 - $695,000

Studio
1 Bath
3,468 Sq Ft
$180/Sq Ft Est. Value

About This Home

This home is located at 500 Rainbow Dr, Madison, AL 35758 and is currently estimated at $622,666, approximately $179 per square foot. 500 Rainbow Dr is a home with nearby schools including Rainbow Elementary School, Discovery Middle School, and Bob Jones High School.

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
May 28, 2026
Sold by
Bought by
Current Estimated Value
$622,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$601,000
Outstanding Balance
$601,000
Interest Rate
6.3%
Mortgage Type
VA
Estimated Equity
$21,666
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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.

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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.

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Quantarium

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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

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
$610,000 None Listed On Document
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
Open $601,000
Source: Public Records

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 $2,944 $46,920 $4,760 $42,160
2024 $2,944 $43,900 $4,760 $39,140
2023 $2,744 $43,900 $4,760 $39,140
2022 $2,425 $38,680 $4,760 $33,920
2021 $2,267 $36,180 $4,760 $31,420
2020 $2,263 $35,670 $4,250 $31,420
2019 $1,808 $35,670 $4,250 $31,420
2018 $1,791 $35,360 $0 $0
2017 $1,791 $35,360 $0 $0
2016 $1,791 $35,360 $0 $0
2015 $1,791 $35,360 $0 $0
2014 $1,702 $33,800 $0 $0
Source: Public Records

Map

Alabama Madison County Madison 35758

500 Rainbow Dr, Madison, AL

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