NOT LISTED FOR SALE

605 Palace Ave Rainbow City, AL 35906

Estimated Value: $266,000 - $381,000

3 Beds
4 Baths
3,300 Sq Ft
$105/Sq Ft Est. Value

Last Sold August 30, 2023

Last sale price $320,000 $97 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,013/month

131 Days on Market

Highlights

  • 1 Acre Lot
  • Deck
  • 2 Fireplaces
  • John S. Jones Elementary School Rated A-
  • Main Floor Primary Bedroom
  • No HOA

About This Home

As of August 2023

Are you looking for a large custom-built home with plenty of room for entertaining? This home has an oversized living area with a beautiful floor to ceiling brick fireplace. The kitchen has plenty of cabinet and counter space. The formal dining room is full of character with the wainscoting, crown molding and original wood flooring. The master suite is on the main level with beautiful built-ins, tons of natural light and a spa-like en-suite bath. The basement would be perfect for a mother-in-law suite, teenagers, or overnight guests. There is also a detached workshop/ garage that is big enough for all your hobbies. The outside is also great for entertaining, with the large open deck.

Last Agent to Sell the Property

Gina Battles

ERA King Real Estate License #112609 Listed on: 03/29/2023

ERA King Real Estate

Last Buyer's Agent

Steve King

ERA King Real Estate License #117931

ERA King Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,457

Year Built

  • Built in 1983

Lot Details

  • 1 Acre Lot
  • Chain Link Fence

Parking

  • 4 Car Garage

Interior Spaces

  • 3,300 Sq Ft Home
  • 2 Fireplaces
  • Gas Log Fireplace
  • Basement

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Deck

Schools

  • Rainbow Elementary School
  • Southside High School

Utilities

  • Two cooling system units
  • Multiple Heating Units
  • Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Rainbow Park Subdivision

Listing and Financial Details

  • Legal Lot and Block 1-6 / 12
  • Assessor Parcel Number 1509294000026.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,457

Year Built

Built in 1983

Lot Details

0

Parking

4

Listing Details

  • Living Area: 3300
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1
  • Road Surface Type: Concrete
  • Subdivision Name: Rainbow Park
  • Carport Y N: No
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Year Built: 1983
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Appliances: Cooktop, Dishwasher, Electric Water Heater, Microwave, Oven, Refrigerator
  • Levels: Tri-Level
  • Basement: Basement
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Fireplace Features: Gas Log, Two
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 210
  • Master Bedroom Master Bedroom Level: First
  • Room Office Area: 196
  • Room Bedroom2 Area: 210
  • Room Bedroom3 Level: Second
  • Master Bedroom Master Bedroom Width: 21
  • Room Family Room Area: 364
  • Room Bedroom2 Level: Second
  • Room Family Room Level: First
  • Room Living Room Area: 448
  • Room Kitchen Area: 144
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 315
  • Room Dining Room Area: 225

Exterior Features

  • Fencing: Chain Link
  • Exterior Features: Sidewalk
  • Other Structures: Det. Bldg
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Parking Features: Four Car Garage

Utilities

  • Heating: Central 2, Electric
  • Cooling: Central 2
  • 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: 1509294000026.01
  • Lot Size Sq Ft: 43560
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 12
  • Tax Lot: 1-6

MLS Schools

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

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
08/30/2023 08/30/23 Sold $320,000 -5.9% $97 / Sq Ft
07/19/2023 07/19/23 Price Changed $340,000 -1.4% $103 / Sq Ft
05/04/2023 05/04/23 Price Changed $345,000 -1.1% $105 / Sq Ft
03/29/2023 03/29/23 For Sale $349,000 -- $106 / 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 $1,457 $36,720 $3,660 $33,060
2023 $2,917 $35,570 $3,660 $31,910
2022 $881 $29,080 $0 $0
2021 $686 $23,420 $3,660 $19,760
2020 $686 $23,420 $0 $0
2019 $644 $23,420 $0 $0
2017 $645 $22,260 $0 $0
2016 $645 $22,260 $0 $0
2015 $639 $22,260 $0 $0
2013 -- $21,460 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: ValleyMLS.com

MLS Number: 1830804

ValleyMLS.com

APN: 15-09-29-4-000-026.001-DIST17