NOT LISTED FOR SALE

503 Shane Ln Rainbow City, AL 35906

Estimated Value: $173,000 - $189,000

3 Beds
2 Baths
1,470 Sq Ft
$124/Sq Ft Est. Value

Last Sold March 18, 2016

Last sale price $64,132 $44 Per Sq Ft

Est. 185% increase in value since last sale

Current estimated payment $1,039/month

82 Days on Market

Highlights

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

About This Home

As of March 2016

RAINBOW CITY - ESTATE SALE - BRICK ONE LEVEL HOME WITH 3 BEDROOMS, 2 BATHS, LIVING ROOM, DINING ROOM, KITCHEN WITH BUILT-INS, CENTRAL H/A, GARAGE, FENCED BACKYARD, STORAGE BUILDING.TERMITE BOND. NEEDS WORK, NEEDS A NEW ROOF. SOLD AS IS. $64,132

Last Agent to Sell the Property

Ina Black

Ina Black Realty, LLC License #17044 Listed on: 11/20/2015

Last Buyer's Agent

Patty Smith

Susie Weems Real Estate, LLC License #53172

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $554

Lot Details

  • Lot Dimensions are 90 x 140

Interior Spaces

  • 1,470 Sq Ft Home
  • Property has 1 Level
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Rainbow Elementary School
  • Southside High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association
  • Druid Park Subdivision

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number 15 09 31 2 000 012.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$554

Lot Details

0

Listing Details

  • Living Area: 1470
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 90 x 140
  • Subdivision Name: Druid Park
  • Architectural Style: Ranch/1 Story
  • New Construction: No
  • Property Attached Yn: No
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Levels: One
  • Basement: Crawl Space
  • Full Bathrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • ResoLivingAreaSource: Appraiser
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 132
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 144
  • Room Bedroom3 Level: First
  • Master Bedroom Master Bedroom Width: 16
  • Room Bedroom2 Level: First
  • Room Living Room Area: 220
  • Room Kitchen Area: 180
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 192
  • Room Dining Room Area: 216

Utilities

  • Heating: Central 1, Gas(n/a use NGas or PGas)
  • Cooling: Central 1
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Rainbow

Lot Info

  • Parcel Number: 15 09 31 2 000 012.000
  • ResoLotSizeUnits: Acres

Green Features

Tax Info

  • Tax Lot: 27

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
Nov 20, 2015
Closed on
Mar 17, 2016
Sold by
Black Bobby J
Bought by
Noah Kandie S
Seller's Agent
Ina Black
Ina Black Realty, LLC
Buyer's Agent
Patty Smith
Susie Weems Real Estate, LLC
List Price
$74,800
Sold Price
$64,132
Premium/Discount to List
-$10,668
-14.26%
Current Estimated Value
$182,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,377
Avg. Annual Appreciation
11.37%
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
Noah Kandie S $64,132 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2016 06/16/16 Off Market $64,132 -- --
03/18/2016 03/18/16 Sold $64,132 -14.3% $44 / Sq Ft
02/10/2016 02/10/16 Pending -- -- --
11/20/2015 11/20/15 For Sale $74,800 -- $51 / 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 $554 $14,700 $2,440 $12,260
2023 $550 $14,580 $2,430 $12,150
2022 $453 $12,230 $2,430 $9,800
2021 $363 $10,050 $2,430 $7,620
2020 $363 $10,060 $0 $0
2019 $361 $10,000 $0 $0
2017 $318 $8,940 $0 $0
2016 $190 $9,360 $0 $0
2015 $190 $0 $0 $0
2013 -- $9,160 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • I

    Seller's Agent in 2016

    Ina Black

    Ina Black Realty, LLC

    Section Image
  • Patty Smith

    Buyer's Agent in 2016

    Patty Smith

    Susie Weems Real Estate, LLC

    (256) 490-2931

    8 in this area

    101 Total Sales

    Patty Smith
    Section Image
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Map

Source: ValleyMLS.com

MLS Number: 1033433

ValleyMLS.com

APN: 15-09-31-2-000-012.000

Alabama Etowah County Rainbow City 35906

503 Shane Ln, Rainbow City, AL

This home is located at 503 Shane Ln, Rainbow City, AL 35906 since 20 November 2015 and is currently estimated at $182,509, approximately $124 per square foot. 503 Shane Ln 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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