NOT LISTED FOR SALE

501 Williams Ave Rainbow City, AL 35906

Estimated Value: $235,000 - $255,000

4 Beds
2 Baths
1,974 Sq Ft
$125/Sq Ft Est. Value

Last Sold August 30, 2024

Last sale price $229,900 $116 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,360/month

23 Days on Market

Highlights

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

About This Home

As of August 2024

This 4 bed/2 bath rancher sits on a corner lot in desirable Rainbow Estates. Lots of cabinets in kitchen, metal roof, two car carport and large fenced in back yard and oversized bedrooms make this the perfect home for family to begin making memories that last a lifetime.

Last Agent to Sell the Property

Diane Dykes

Clokey Realty Inc License #109801 Listed on: 06/26/2024

Last Buyer's Agent

Amy LaCount

River Towne Real Estate Group License #81154

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $850

Year Built

  • Built in 1965

Lot Details

  • 0.46

Parking

  • 2 Car Garage

Interior Spaces

  • 1,974 Sq Ft Home
  • Property has 1 Level
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Rainbow Elementary School
  • Southside High School

Additional Features

  • Lot Dimensions are 100 x 200
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Rainbow Estates Subdivision

Listing and Financial Details

  • Legal Lot and Block 13 / 1
  • Assessor Parcel Number 1509300001159.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$850

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Living Area: 1974
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 100 x 200
  • Subdivision Name: Rainbow Estates
  • Architectural Style: Ranch/1 Story
  • Property Attached Yn: No
  • Year Built: 1965
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Levels: One
  • Basement: Crawl Space
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Room Bedroom4 Area: 221
  • Room Bedroom4 Level: First
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 192
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 168
  • Room Bedroom3 Level: First
  • Master Bedroom Master Bedroom Width: 15
  • Room Bedroom2 Level: First
  • Room Living Room Area: 459
  • Room Kitchen Area: 228
  • Room Master Bedroom Area: 210

Garage/Parking

  • Parking Features: Carport-Two Car

Utilities

  • Heating: Central 1
  • Cooling: Central 1
  • Sewer: Public Sewer
  • 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: 1509300001159.000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 1
  • Tax Lot: 13

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
Jun 11, 2015
Closed on
Aug 5, 2015
Bought by
Schoch Maureen
Seller's Agent
Keith Davis
Davis Realty And Auction
Buyer's Agent
Alison Mayo
River Towne Real Estate Group
List Price
$112,000
Sold Price
$107,000
Premium/Discount to List
-$5,000
-4.46%
Current Estimated Value
$245,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,775
Avg. Annual Appreciation
8.47%

Purchase Details

Listed on
Sep 27, 2011
Closed on
Aug 22, 2012
Sold by
Owens Michael Jerome
Bought by
Swearengin Randy E
Seller's Agent
Ina Black
Ina Black Realty, LLC
Buyer's Agent
Toni Davis
Southern Homes Real Estate
List Price
$119,900
Sold Price
$107,000
Premium/Discount to List
-$12,900
-10.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$105,056
Interest Rate
3.75%
Mortgage Type
FHA
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
Schoch Maureen $107,000 --
Swearengin Randy E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Swearengin Randy E $105,056
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/30/2024 08/30/24 Sold $229,900 0.0% $116 / Sq Ft
06/26/2024 06/26/24 For Sale $229,900 +114.9% $116 / Sq Ft
11/05/2015 11/05/15 Off Market $107,000 -- --
08/07/2015 08/07/15 Sold $107,000 -4.5% $54 / Sq Ft View Prior Sale
07/24/2015 07/24/15 Pending -- -- --
06/11/2015 06/11/15 For Sale $112,000 +4.7% $57 / Sq Ft
12/04/2012 12/04/12 Off Market $107,000 -- --
08/24/2012 08/24/12 Sold $107,000 -10.8% $55 / Sq Ft View Prior Sale
07/25/2012 07/25/12 Pending -- -- --
09/27/2011 09/27/11 For Sale $119,900 -- $62 / 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 $850 $21,920 $2,500 $19,420
2023 $850 $21,920 $2,500 $19,420
2022 $696 $18,160 $0 $0
2021 $553 $14,670 $2,500 $12,170
2020 $1,151 $28,080 $0 $0
2019 $1,060 $25,860 $0 $0
2017 $974 $23,760 $0 $0
2016 $974 $23,760 $0 $0
2015 $973 $23,760 $0 $0
2013 -- $23,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ValleyMLS.com

MLS Number: 21864361

ValleyMLS.com

APN: 15-09-30-0-001-159.000