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225 Rainbow Drive

225 Rainbow Drive, Madison, AL 35758
House in Madison
225 Rainbow Drive in Madison, AL was first built in 1977 and is 49 years old. This has been categorized as a property type. There are a total of 100 floors. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 225 Rainbow Drive has 2,152 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 1,490 ft and the linear feet between the front and back of the lot is 1,750. In total, the area measurement of the land is 43,996 square feet.

Learn more about the property and building on this page. The home has a style roof made of . For those who need parking, there is a . Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with control joints. The condition of the building has been evaluated as . The exterior walls of the home are made of . While the interior walls are made of . Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with . As for heating, the home is utilizing . There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Aug 2, 2023 for $399,000. That's $185.41 per sqft. Prior to that sales transaction, the property was also sold in Aug 14, 2017 for $242,500. 225 Rainbow Drive was last assessed in 2023. The total value of the property was assessed at $29,840. Specifically, the land the property is located on was valued at $3,740. While improvements on the property were assessed at a total of $26,100. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $203,588. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20230705
07/05/2023
3 Bed
2 Bath
2376 ft²
$399,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
2376 ft²
-
-
Brian May
Engel Volkers Huntsville


Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 24
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,996
  • Lot Size Depth Feet: 1,750
  • Lot Size Frontage Feet: 1,490
  • Total Building Area: 2,152
  • Building Area: 2,152
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,152
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RAINBOW MOUNTAIN HEIGHTS 4TH
  • Land Acres: 0000001010
  • Standard Land Use Code: 1001
  • County Land Use Code: 111
  • Legal Description 1: LOTS 1 & 2 AMY SUB PB 4 PG 98

Neighborhood

  • School District Name: Madison City School District
  • Census Tract: 011012

Geography

  • Account Number: 568227
  • Parcel: 15-08-27-0-001-078.000
  • Block: 1
  • Lot: 1-2
  • Meridian: SEC 27 TWN 03S RNG 02W
  • Municipality: MADISON
  • Latitude: 34.7524
  • Longitude: -86.7223

    Address

  • Full Address: 225 Rainbow Dr
  • Address - House Number: 225
  • Address - Street Name: Rainbow
  • Address - Suffix Type: Dr
  • State: AL
  • City Name: Madison
  • Carrier Code: R022
  • 4-Digit Zip Code: 8776
  • Zip Code: 35758

Valuation

    Tax

  • Total Area: 2,591
  • Tax Year: 2023
  • Tax Amount: $203,588

    Appraisal Valuation

  • Standard Deviation: 0.2437
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 65
  • Final Value: 396,370
  • High Value: 492,981
  • Low Value: 299,759

    Market Valuation

  • Market Total Value: $298,200
  • Market Land Value: $37,400
  • Market Improvement Value: $260,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,840
  • Assessed Land Value: $3,740
  • Assessed Improvements Value: $26,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 02, 2023
  • Current Sale Recording Date: Aug 03, 2023
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Aug 15, 2017
  • Previous Sale Contract Date: Aug 14, 2017
  • Previous Sale Amount: $242,500
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Frequently Asked Questions

What neighborhood is 225 Rainbow Drive located in?
The 225 Rainbow Drive is a house located in the neighborhood of Madison in Huntsville, Madison.
What is the average sales price for listings in 225 Rainbow Drive?
The average sales price for units in 225 Rainbow Drive is $0 currently.