NOT LISTED FOR SALE

6162 Rainbow Row Unit 98 Pell City, AL 35128

Estimated Value: $766,326 - $775,000

0.34 Acre
$2,266,656 Price per Acre
14,810 Sq Ft Lot

Last Sold November 06, 2020

Last sale price $130,000

Est. 493% increase in value since last sale

Current estimated payment $4,605/month

452 Days on Market

Highlights

  • 20 Feet of Waterfront
  • Pier
  • Fishing Allowed
  • Docks
  • Community Boat Launch
  • Lake View

About This Lot

As of November 2020

MAKE LIFE TIME MEMORIES WITH YOUR FAMILY!! COME WATCH THE FIREWORKS ON ALL THE SPECIAL OCCASION ON YOUR OWN BALCONY OR THE CLUB HOUSE BALCONY WITH YOUR NEIGHBORS!! THE HORIZONS IS UNDER NEW OWNERSHIP!! LOTS OF GREAT AND EXCITING NEW CHANGES ARE ON THE DRAWING BOARD!! HUGE POOL IS GETTING NEW POOL FURNITURE, NEW PAINT AND NEW FURNITURE IN CLUB HOUSE, A NEW FITNESS ROOM ALL SET UP INSIDE CLUBHOUSE AND MORE. LOOKING FOR GREAT LAKE VIEWS , BEAUTIFUL SUN RISES AND SUNSETS, LOGAN MARTIN IS THE PLACE TO BE!! PICK ONE OF OUR PLANS OR BRING YOUR OWN OR BUILD A CUSTOM BUILT HOME WITH FOUR STAR HOMES! LAKE AND LAKE VIEW LOTS AVAILABLE!!

Last Agent to Sell the Property

Patty Broussard

Four Star Land and Realty, LLC Listed on: 08/10/2019

Last Buyer's Agent

Patty Broussard

Four Star Land and Realty, LLC Listed on: 08/10/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $389

Year Built

  • 2022

Lot Details

  • 0.34 Acre Lot
  • 20 Feet of Waterfront
  • Interior Lot
  • 7 Lots in the community

HOA Fees

  • $50 Monthly HOA Fees

Property Views

  • Lake Views

Utilities

  • Underground Utilities
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 29-04-19-3-000-004.117

Community Details

Recreation

  • Community Boat Launch
  • Community Pool
  • Fishing Allowed
  • Pier
  • Water Access
  • Swimming Allowed
  • Docks
  • Lake Property

Additional Features

  • Clubhouse

Property Details

Property Type

Land

Est. Annual Taxes

$389

Year Built

2022

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Class: Land/Lots
  • Additional Information: House Plan Approval, Survey Available
  • Legal Description: LOT 98 THE HORIZONS SEC ONE RE-RECORDED 2010 PAGE 2
  • Property Type: Lots
  • Price Per Sq Ft: 1
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2022

Exterior Features

  • Waterfront Name: Logan Martin
  • Waterfront Frontage: 20
  • Road Access: City Road
  • Waterfront Access: Yes
  • Waterfront: Yes

Utilities

  • Sewer/Septic System: Sewer Connected
  • Water: Public Water
  • Utilities Available: Cable Available, Electricity, Gas, Phone, Sewer, Water
  • Utilities On-site: Cable Onsite, Electricity, Gas, Phone, Sewer, Underground Utils, Water

Condo/Co-op/Association

  • Amenities: Boat Launch, Boats-Motorized Allowed, Clubhouse, Community Pool, Direct Water Access, Fishing Allowed, Swimming Allowed
  • Association Fee: 600
  • Association Fee Per: Yearly
  • Association Fee Yn: Yes

Lot Info

  • Assessor Parcel Number: 29-04-19-3-000-004.117
  • Lot Description: Interior Lot, Subdivision
  • Lot View: Lake/Water View
  • Number Acres: 0.34
  • Best Use Per Zone: Residential, Subdivision
  • Improvements: Curb & Gutters, Dock, Lake, Pier
  • List Price per Acre: 382352.94
  • Lot Description Type: Will Sell Separately
  • Lot View: Yes
  • Surrounding Area: Residential
  • Unit/Lot Number: 98

Tax Info

  • Tax District: Pell City
  • Annual Tax: 389

Multi Family

  • Number Of Lots: 7-10 Lots

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2022
Sold by
Four Star Homes Llc
Bought by
Ward Valerie Stano and Pisacrita Andrew Jason
Total Days on Market
452
Current Estimated Value
$770,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$647,000
Outstanding Balance
$619,980
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$167,024

Purchase Details

Listed on
Aug 10, 2019
Closed on
Nov 6, 2020
Sold by
Beaver Creek Horizons Partners Llc
Bought by
Four Star Homes Llc
Seller's Agent
Patty Broussard
Four Star Land and Realty, LLC
Buyer's Agent
Patty Broussard
Four Star Land and Realty, LLC
List Price
$150,000
Sold Price
$130,000
Premium/Discount to List
-$20,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.29%
Original Mortgage
$378,750
Interest Rate
2.8%
Mortgage Type
Commercial
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
Ward Valerie Stano $705,000 Barnes & Barnes Law Firm Pc
Four Star Homes Llc $130,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ward Valerie Stano $647,000
Previous Owner Four Star Homes Llc $378,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2020 11/06/20 Sold $130,000 0.0% --
11/04/2020 11/04/20 Pending -- -- --
07/06/2020 07/06/20 Price Changed $130,000 -13.3% --
08/10/2019 08/10/19 For Sale $150,000 -- --
Source: Greater Alabama MLS

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 $2,747 $136,374 $29,000 $107,374
2023 $2,362 $136,374 $29,000 $107,374
2022 $1,460 $35,600 $15,600 $20,000
2021 $562 $35,600 $15,600 $20,000
2020 $562 $15,600 $15,600 $0
2019 $389 $10,800 $10,800 $0
2018 $389 $10,800 $0 $0
2017 $389 $10,800 $0 $0
2016 $389 $10,800 $0 $0
2015 $389 $10,800 $0 $0
2014 $389 $10,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 858883

Greater Alabama MLS

APN: 29-04-19-3-000-004.117