NOT LISTED FOR SALE

507 Shane Ln Rainbow City, AL 35906

Estimated Value: $263,401 - $303,000

5 Beds
2.5 Baths
2,648 Sq Ft
$106/Sq Ft Est. Value

Last Sold May 08, 2017

Last sale price $150,500 $57 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $1,610/month

163 Days on Market

Highlights

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

About This Home

As of May 2017

Rainbow City - Beautifully remodeled 5 or 6 Bedroom, 2.5 bath house with plenty of room to accommodate your large family! The home features a spacious living room, dining area, kitchen with granite counter tops, tile, and recessed lighting, office or BONUS room, updated bathrooms, new carpet, oversized laundry room, and a covered patio that overlooks the level back yard. This one is a must see!

Last Agent to Sell the Property

Brooke Vallejo

Bone Realty Company License #000090426-0 Listed on: 10/29/2016

Last Buyer's Agent

Kelsey Mann

Keller Williams Horizon License #107507

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $903

Year Built

  • Built in 1973

Lot Details

  • Lot Dimensions are 95 x 140

Home Design

  • Slab Foundation

Interior Spaces

  • 2,648 Sq Ft Home
  • Property has 2 Levels

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor

Schools

  • Rainbow Elementary School
  • Southside High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Druid Park Subdivision

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 1509312000014.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$903

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Living Area: 2648
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 95 x 140
  • Subdivision Name: Druid Park
  • New Construction: No
  • Property Attached Yn: No
  • Year Built: 1973
  • RoomBedroom1Level: Second
  • Kitchen Level: First
  • Special Features: VirtualTour

Interior Features

  • Total Bedrooms: 5
  • Appliances: Cooktop, Dishwasher, Microwave, Oven
  • Levels: Two
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • ResoLivingAreaSource: Appraiser
  • Room Bedroom4 Area: 132
  • Room Bedroom4 Level: Second
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 121
  • Master Bedroom Master Bedroom Level: Second
  • Room Bedroom2 Area: 132
  • Room Bedroom3 Level: First
  • Master Bedroom Master Bedroom Width: 15
  • Room Bedroom2 Level: Second
  • Room Living Room Area: 304
  • Room Kitchen Area: 176
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 180
  • Room Dining Room Area: 176

Exterior Features

  • Foundation Details: Slab

Utilities

  • Heating: Central 1, Natural Gas
  • Cooling: Central 1
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Rainbow

Lot Info

  • Parcel Number: 1509312000014.000
  • ResoLotSizeUnits: Acres

Green Features

Tax Info

  • Tax Lot: 25

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
Oct 29, 2016
Closed on
May 5, 2017
Sold by
Cofield Janis D and Cofield Steve W
Bought by
Crawford Matthew and Crawford Melisha L
Seller's Agent
Brooke Vallejo
Bone Realty Company
Buyer's Agent
Kelsey Mann
Keller Williams Horizon
List Price
$164,900
Sold Price
$150,500
Premium/Discount to List
-$14,400
-8.73%
Current Estimated Value
$281,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,100
Avg. Annual Appreciation
7.05%
Original Mortgage
$142,975
Outstanding Balance
$120,435
Interest Rate
4.14%
Mortgage Type
Stand Alone First
Estimated Equity
$144,606
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
Crawford Matthew $150,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crawford Matthew $142,975
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2017 08/13/17 Off Market $150,500 -- --
05/08/2017 05/08/17 Sold $150,500 -5.9% $57 / Sq Ft
04/10/2017 04/10/17 Pending -- -- --
02/01/2017 02/01/17 Price Changed $159,900 -3.0% $60 / Sq Ft
10/29/2016 10/29/16 For Sale $164,900 -- $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 $903 $23,220 $2,560 $20,660
2023 $903 $23,220 $2,560 $20,660
2022 $788 $19,220 $0 $0
2021 $1,272 $15,510 $2,560 $12,950
2020 $1,272 $31,020 $0 $0
2019 $1,262 $30,780 $0 $0
2017 $1,105 $26,960 $0 $0
2016 $1,105 $26,960 $0 $0
2015 $1,105 $26,960 $0 $0
2013 -- $26,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ValleyMLS.com

MLS Number: 1056663

ValleyMLS.com

APN: 15-09-31-2-000-014.000