2803 2nd Street

Local assessors in Rainbow City, AL have categorized 2803 2nd Street as a residential type of property. The home was built in 1979 and is 45 years old. The property's lot size has been calculated to be 9,400 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 940 ft. There is also a partial bathroom. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2803 2nd Street has a total of 3,528 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Moving onto specific details regarding the building. Our sources show that the building condition is poor. The building has a gable or hip style roof that was made of asphalt. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2803 2nd Street sold most recently in May 31, 2018 for a total of $970,000. If you work out the math, that's approximately a cost of $269.74 per sqft. Before that, the property was also sold for $760,000 in Oct 22, 2015. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,547 in taxes each year. 2803 2nd Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $37,740. If we break it down further, the land itself was valued at $3,800. Improvements to the property, however, were assessed at a total of $33,940. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.