Landlord's Agent in 2025
Michael Rosenblum
Rosenblum Realty, Inc.
(256) 542-1075
10 in this area
128 Total Sales
511 Rainbow Dr Madison, AL 35758
Estimated Value: $714,002 - $825,000
6
Beds
4.5
Baths
5,081
Sq Ft
$147/Sq Ft
Est. Value
Highlights
- 1.56 Acre Lot
- Recreation Room
- Breakfast Room
- Rainbow Elementary School Rated A
- Home Office
- Double Oven
About This Home
As of September 2025WELCOME HOME to this UPDATED, 6 bedroom retreat on 1.56 acres atop scenic Rainbow Mountain in MADISON CITY. Grand living room with a wall of windows, real hardwood floors, overlooking the trees and new deck. Well appointed eat-in kitchen, Primary bedroom on the main level with remodeled bathroom and large shower! 3 bedrooms upstairs, NO CARPET, all new hardwood flooring, walk in attic and lots of closets. WALK OUT BASEMENT with a 2nd KITCHEN, living room, 2 BEDROOMS, full bath, exercise room, and tons of storage areas. EV plug in the garage. ROOF 2020, gutters 2020, HVAC 2012,2020, Tankless H20 heater, exterior paint 2024. Walking trail at the end of the street and Rainbow Mnt. Park.
Last Agent to Rent the Property
Rosenblum Realty, Inc. License #87881 Listed on: 08/01/2025
Home Details
Home Type
- Single Family
Year Built
- 1987
Lot Details
- 1.56 Acre Lot
- Lot Dimensions are 281 x 346 x 153 x 297
- Landscaped with Trees
Home Design
- Three Sided Brick Exterior Elevation
Interior Spaces
- 5,081 Sq Ft Home
- Property has 2 Levels
- Gas Log Fireplace
- Entrance Foyer
- Living Room
- Breakfast Room
- Dining Room
- Home Office
- Recreation Room
- Laundry Room
- Basement
Kitchen
- Double Oven
- Cooktop
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 6 Bedrooms
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Driveway
Schools
- Discovery Elementary School
- Bob Jones High School
Utilities
- Two cooling system units
- Multiple Heating Units
- Septic Tank
Community Details
- Rainbow Mountain Heights Subdivision
Listing and Financial Details
- 12-Month Minimum Lease Term
- Tax Lot 1
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 1, 2025
Closed on
Jul 21, 2025
Sold by
Bacon Gregory E and Bacon Samantha
Bought by
Wenkheimer Craig Stuart and Wenkheimer Michelle Marie
Seller's Agent
Michael Rosenblum
Rosenblum Realty, Inc.
Buyer's Agent
Michael Rosenblum
Rosenblum Realty, Inc.
Sold Price
$2,950
Views
77
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$744,301
Avg. Annual Appreciation
-2.77%
Original Mortgage
$370,000
Outstanding Balance
$369,056
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$378,195
Purchase Details
Closed on
Aug 28, 2019
Sold by
Streeter Gordon Scott and Streeter Elisabeth Green
Bought by
Bacon Gregory E and Bacon Samantha L
Purchase Details
Closed on
Dec 23, 2014
Sold by
Streeter Gordon
Bought by
Streeter Gordon and Green Streeter Jean Elizabeth
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wenkheimer Craig Stuart | $764,000 | None Listed On Document | |
| Bacon Gregory E | $383,000 | None Available | |
| Streeter Gordon | $140,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wenkheimer Craig Stuart | $370,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/13/2026 04/13/26 | Off Market | $764,000 | -- | -- | |
| 04/13/2026 04/13/26 | Off Market | $2,950 | -- | -- | |
| 09/02/2025 09/02/25 | Rented | $2,950 | 0.0% | -- | |
| 08/28/2025 08/28/25 | Price Changed | $2,950 | -4.8% | $1 / Sq Ft | |
| 08/24/2025 08/24/25 | Price Changed | $3,100 | -6.1% | $1 / Sq Ft | |
| 08/01/2025 08/01/25 | For Rent | $3,300 | 0.0% | -- | |
| 07/21/2025 07/21/25 | Sold | $764,000 | -4.5% | $150 / Sq Ft | View Prior Sale |
| 06/23/2025 06/23/25 | Pending | -- | -- | -- | |
| 06/11/2025 06/11/25 | Price Changed | $799,900 | -6.3% | $157 / Sq Ft | |
| 05/17/2025 05/17/25 | Price Changed | $854,000 | -1.2% | $168 / Sq Ft | |
| 04/18/2025 04/18/25 | For Sale | $864,000 | -- | $170 / Sq Ft |
Source: ValleyMLS.com
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 |
|---|---|---|---|---|
| 2025 | $3,488 | $50,740 | $4,760 | $45,980 |
| 2024 | $3,488 | $47,460 | $4,760 | $42,700 |
| 2023 | $3,260 | $47,460 | $4,760 | $42,700 |
| 2022 | $2,864 | $41,760 | $4,760 | $37,000 |
| 2021 | $2,258 | $33,040 | $4,760 | $28,280 |
| 2020 | $2,272 | $32,520 | $4,250 | $28,270 |
| 2019 | $1,833 | $32,520 | $4,250 | $28,270 |
| 2018 | $1,807 | $32,080 | $0 | $0 |
| 2017 | $1,807 | $32,080 | $0 | $0 |
| 2016 | $1,807 | $32,080 | $0 | $0 |
| 2015 | $1,847 | $32,780 | $0 | $0 |
| 2014 | $1,755 | $31,360 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Rosenblum
-
Kathy Passon
Seller's Agent in 2025
Kathy Passon
Matt Curtis Real Estate, Inc.
(256) 509-9241
32 in this area
182 Total Sales
Map
Source: ValleyMLS.com
MLS Number: 21895615
APN: 15-08-27-0-004-048.000
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Copyright 2026 Valley MLS
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