NOT LISTED FOR SALE

5492 Gilmer Ln Rainbow City, AL 35906

Estimated Value: $305,803 - $434,000

3 Beds
3 Baths
3,908 Sq Ft
$95/Sq Ft Est. Value

Last Sold May 17, 2021

Last sale price $290,000 $74 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,121/month

7 Days on Market

Highlights

  • Boat Ramp
  • 1.37 Acre Lot
  • No HOA
  • John S. Jones Elementary School Rated A-
  • 2 Fireplaces
  • Central Heating and Cooling System

About This Home

As of May 2021

Don't miss this opportunity! Waterfront home located on a point at the end of Gilmer Lane. Sited on 1.37 acres there is 352' on the water plus a side slough on the right side of the property. Launch your boat or enjoy the covered pier area. Plenty of green space is available for additional outdoor activities. Unlimited possibilities are found to add your personal style in the spacious house with LR, DR, den, kitchen, breakfast area, and master BR on main level. Bonus! Lower level complete living area with gathering space, BR, BA, huge kitchen/dining area. Flood insurance is required.

Last Agent to Sell the Property

Gail Minshew

Keller Williams Gadsden License #55113 Listed on: 04/09/2021

Last Buyer's Agent

Brandy Duncan

Vision Real Estate Services License #000104328

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,235

Lot Details

  • 1.37

Interior Spaces

  • 3,908 Sq Ft Home
  • Property has 1 Level
  • 2 Fireplaces
  • Crawl Space

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Schools

  • Rainbow Elementary School
  • Southside High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Additional Features

  • Boat Ramp
  • 1.37 Acre Lot

Community Details

  • No Home Owners Association
  • Canoe Creek Estates Subdivision

Listing and Financial Details

  • Tax Lot 62,63
  • Assessor Parcel Number 200417001048.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,235

Lot Details

0

Listing Details

  • Living Area: 3908
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.37
  • Water Body Name: Canoe Creek
  • Subdivision Name: Canoe Creek Estates
  • Architectural Style: Ranch/1 Story
  • New Construction: No
  • Property Attached Yn: No
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Appliances: Dishwasher, Range, Refrigerator
  • Levels: One
  • Basement: Crawl Space
  • Full Bathrooms: 3
  • Fireplace Features: Two
  • Fireplaces: 2
  • Fireplace: Yes
  • ResoLivingAreaSource: Appraiser
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 270
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 270
  • Room Bedroom3 Level: Basement
  • Master Bedroom Master Bedroom Width: 19
  • Room Family Room Area: 330
  • Room Bedroom2 Level: First
  • Room Family Room Level: First
  • Room Living Room Area: 460
  • Room Kitchen Area: 210
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 285
  • Room Dining Room Area: 320

Exterior Features

  • Waterfront Features: Boat Ramp on Prop.

Utilities

  • Heating: Central 1
  • Cooling: Central 1
  • Sewer: Septic Tank
  • 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: 200417001048.000
  • Lot Size Sq Ft: 59677.2
  • ResoLotSizeUnits: Acres

Green Features

Tax Info

  • Tax Lot: 62,63

MLS Schools

  • Elementary School: John S Jones Elementary
  • High School: Southside High School

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

Property History

Date Event Price Change Sq Ft Price
05/20/2024 05/20/24 Off Market $290,000 -- --
05/17/2021 05/17/21 Sold $290,000 +3.9% $74 / Sq Ft
04/16/2021 04/16/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $279,000 -- $71 / 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 $1,235 $31,320 $760 $30,560
2023 $1,236 $31,320 $750 $30,570
2022 $993 $25,400 $750 $24,650
2021 $1,543 $37,640 $1,500 $36,140
2020 $1,543 $37,640 $0 $0
2019 $1,529 $37,300 $0 $0
2017 $0 $18,640 $0 $0
2016 $0 $18,640 $0 $0
2015 -- $18,640 $0 $0
2013 -- $18,440 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Gail Minshew

    Seller's Agent in 2021

    Gail Minshew

    Keller Williams Gadsden

    (256) 490-5338

    7 in this area

    54 Total Sales

    Gail Minshew
    Section Image

  • B

    Buyer's Agent in 2021

    Brandy Duncan

    Vision Real Estate Services

See All Agents

Map

Source: ValleyMLS.com

MLS Number: 1778570

ValleyMLS.com

APN: 20-04-17-0-001-048.000

Alabama Etowah County Rainbow City 35906

5492 Gilmer Ln, Rainbow City, AL

This home is located at 5492 Gilmer Ln, Rainbow City, AL 35906 since 09 April 2021 and is currently estimated at $373,201, approximately $95 per square foot. 5492 Gilmer 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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