NOT LISTED FOR SALE

613 County Road 514 Rainsville, AL 35986

Estimated Value: $271,000 - $507,000

3 Beds
2.5 Baths
2,315 Sq Ft
$172/Sq Ft Est. Value

Last Sold June 19, 2019

Last sale price $250,000 $108 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,255/month

68 Days on Market

Highlights

  • Lake Front
  • No HOA
  • Multiple Heating Units
  • Main Floor Primary Bedroom
  • Two cooling system units
  • Gas Log Fireplace

About This Home

As of June 2019

Beautiful two story farmhouse style home with over 8 acres and a shared pond! Large main-level master suite, beautiful kitchen with plenty of cabinet space, large family room AND living room with hardwood flooring, bonus room upstairs, covered front porch, covered and screened rear back deck, large workshop, small garden/hobby shed, attached double garage, many more features!! Call today!!

Last Agent to Sell the Property

Chad Williams

Williams Real Estate, LLC License #079515 Listed on: 04/12/2019

Last Buyer's Agent

Deana Wigley

White Realty License #000091526-0

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,129

Lot Details

  • 8.4 Acre Lot
  • Lake Front

Interior Spaces

  • 2,315 Sq Ft Home
  • Property has 2 Levels
  • Gas Log Fireplace
  • Crawl Space

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Schools

  • Sylvania Middle Elementary School
  • Sylvania High School

Utilities

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

Community Details

  • No Home Owners Association
  • Metes And Bounds Subdivision

Listing and Financial Details

  • Assessor Parcel Number Pin #'s 48975 and 55274

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,129

Lot Details

0

Listing Details

  • Living Area: 2315
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 8.4
  • Subdivision Name: Metes And Bounds
  • New Construction: No
  • Property Attached Yn: No
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Appliances: Dishwasher, Microwave, Oven, Range, Refrigerator
  • Levels: Two
  • Basement: Crawl Space
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Fireplace Features: Gas Log, One
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom3 Level: Second
  • Room Bedroom2 Level: Second
  • Room Family Room Level: First
  • Dining Room Dining Room Level: First

Exterior Features

  • Waterfront Features: Pond, Lake/Pond

Utilities

  • Heating: Central 2, See Remarks
  • Cooling: Central 2
  • Sewer: Other, Septic Tank
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Sylvania Middle School

Lot Info

  • Parcel Number: Pin #'s 48975 and 55274
  • Lot Size Sq Ft: 365904
  • ResoLotSizeUnits: Acres

Green Features

Tax Info

  • Tax Lot: -

MLS Schools

  • Elementary School: Sylvania Elem School
  • High School: Sylvania

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2019
Closed on
Jun 19, 2019
Sold by
Facteau Keith A and Facteau Linda M
Bought by
Rainer Tyson and Rainer Summer
Seller's Agent
Chad Williams
Williams Real Estate, LLC
Buyer's Agent
Deana Wigley
White Realty
List Price
$265,000
Sold Price
$250,000
Premium/Discount to List
-$15,000
-5.66%
Current Estimated Value
$397,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,398
Avg. Annual Appreciation
7.45%
Original Mortgage
$250,437
Outstanding Balance
$222,909
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$167,517
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
Rainer Tyson $250,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rainer Tyson $250,437
Previous Owner Facteau Keith A $122,812
Previous Owner Facteau Keith A $131,325
Previous Owner Facteau Keith A $140,822
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2020 04/27/20 Off Market $250,000 -- --
06/19/2019 06/19/19 Sold $250,000 -5.7% $108 / Sq Ft
04/12/2019 04/12/19 For Sale $265,000 -- $114 / 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 $1,129 $33,360 $3,040 $30,320
2023 $1,129 $31,000 $0 $0
2022 $1,046 $31,000 $3,440 $27,560
2021 $753 $22,760 $2,700 $20,060
2020 $753 $22,760 $2,700 $20,060
2019 $0 $20,620 $2,700 $17,920
2018 $732 $20,620 $0 $0
2017 $0 $19,200 $0 $0
2015 -- $18,620 $0 $0
2014 -- $18,620 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ValleyMLS.com

MLS Number: 1116440

ValleyMLS.com

APN: 15-05-15-0-000-003.007