NOT LISTED FOR SALE

810 Rainbow Ridge Way Madison, AL 35758

Estimated Value: $519,000 - $596,000

4 Beds
5 Baths
3,401 Sq Ft
$166/Sq Ft Est. Value

Sale Details

Date Sold: July 1, 2021

Last sale price $495,000 $146 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,308 / mo

4 Days on Market

Highlights

  • 2 Fireplaces
  • No HOA
  • Tankless Water Heater
  • Rainbow Elementary School Rated A
  • Two cooling system units
  • Multiple Heating Units

About This Home

As of July 2021

Enjoy scenic living on a quiet cul-de-sac in Madison close to Rainbow mountain in a small subdivision w/well-spaced homes & no HOA dues! Kids can walk to Rainbow Elementary (0.8 miles) & short drive to Discovery Middle (1.2 miles) & Bob Jones High School (2.9miles). The living room features a gas fireplace, vaulted ceilings & wood floors. Enjoy cooking time in the kitchen with plenty of cabinets/counters & opens to a cozy keeping room w/gas fireplace. Retreat to the main floor master which includes a bath with split vanities, large closet, tile shower & has access to the deck overlooking the quiet, fenced in back yard. Three other bedrooms (one with an ensuite) and a loft/study are upstairs

Last Agent to Sell the Property

Gena Sharpe

Matt Curtis Real Estate, Inc. License #110177 Listed on: 05/19/2021

Last Buyer's Agent

Megan Stout

Legend Realty Madison, LLC License #115407

Legend Realty Madison, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • 19,602 Sq Ft Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,401 Sq Ft Home
  • Property has 2 Levels
  • 2 Fireplaces
  • Gas Log Fireplace
  • Crawl Space

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Discovery Elementary School
  • Bob Jones High School

Utilities

  • Two cooling system units
  • Multiple Heating Units
  • Tankless Water Heater

Community Details

  • No Home Owners Association
  • Rainbow Ridge Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 1508270004005009

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0.45 Acres

Listing Details

  • Living Area: 3401
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.45
  • Subdivision Name: Rainbow Ridge
  • New Construction: No
  • Property Attached Yn: No
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Appliances: Cooktop, Dishwasher, Gas Cooktop, Gas Oven, Microwave, Oven, Tankless Water Heater
  • Levels: Two
  • Basement: Crawl Space
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Fireplace Features: Gas Log, Two
  • Fireplaces: 2
  • Fireplace: Yes

Exterior Features

  • Construction Type: Brick

Utilities

  • Heating: Central 2
  • Cooling: Central 2
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Discovery

Lot Info

  • Parcel Number: 1508270004005009
  • Lot Size Sq Ft: 19602

Green Features

Tax Info

  • Tax Lot: 8

MLS Schools

  • Elementary School: Rainbow Elementary
  • High School: Bob Jones

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2021
Closed on
Jul 1, 2021
Sold by
Slaton Archie E and Slaton Nancy J
Bought by
Hickman Benjamin Kyle and Hickman Maria Sheridan
Seller's Agent
Gena Sharpe
Matt Curtis Real Estate, Inc.
Buyer's Agent
Megan Stout
Legend Realty Madison, LLC
List Price
$485,000
Sold Price
$495,000
Premium/Discount to List
$10,000
2.06%
Current Estimated Value
$563,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,667
Avg. Annual Appreciation
2.71%
Original Mortgage
$506,385
Outstanding Balance
$457,469
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$106,198

Purchase Details

Closed on
Jun 29, 2007
Sold by
R & K Development Llc
Bought by
Slaton Archie E and Slaton Nancy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,800
Interest Rate
7.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 6, 2006
Sold by
Malcolm James and Malcolm Roberta
Bought by
R & K Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
6.46%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hickman Benjamin Kyle $495,000 None Available
Slaton Archie E -- --
R & K Development Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hickman Benjamin Kyle $506,385
Previous Owner Slaton Archie E $343,800
Previous Owner R & K Development Llc $67,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/09/2026 02/09/26 Off Market $495,000 -- --
08/18/2024 08/18/24 Off Market $495,000 -- --
07/01/2021 07/01/21 Sold $495,000 +2.1% $146 / Sq Ft
05/24/2021 05/24/21 Pending -- -- --
05/19/2021 05/19/21 For Sale $485,000 -- $143 / 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 $3,837 $55,760 $2,800 $52,960
2024 $3,837 $54,500 $2,800 $51,700
2023 $3,750 $45,920 $2,800 $43,120
2022 $6,403 $91,840 $5,600 $86,240
2021 $2,832 $41,300 $2,800 $38,500
2020 $2,684 $39,150 $2,800 $36,350
2019 $2,125 $37,610 $2,800 $34,810
2018 $2,003 $35,500 $0 $0
2017 $1,986 $35,200 $0 $0
2016 $1,986 $35,200 $0 $0
2015 $1,986 $35,200 $0 $0
2014 $2,050 $36,480 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ValleyMLS.com

MLS Number: 1781546

ValleyMLS.com

APN: 15-08-27-0-004-005.009

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