Sold for $375,000

$375,000

483 Rainbow Dr, Madison, AL 35758

4beds

2,749sqft

Single Family Residence

Built in 1979

1.92 Acres Lot

$483,600 Zestimate^®

$136/sqft

$2,656 Estimated rent

Home value

$483,600

$440,000 - $537,000

$2,656/mo

Zestimate^® history

Owner options

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$2,656/mo

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$2,656/mo

Rent Zestimate^®

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$1,720/mo

Est. payment

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$1,720/mo

Est. payment

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What's special

Wet barSun room

This 2,750 square foot, 4 bedroom 2.5 bath, 2 fireplace, sun room, wet bar with a large 2 car garage. The home is nestled in the trees on 1.92 acres in a great neighborhood with view. This home is being sold as-is, as-is, no repairs by seller. There is tremendous potential for the investor and/or creative homeowner. The sellers have an appraisal for well over listing price, a current home inspection along with structural inspection. Check it out in person where all information is available for your viewing.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Primary bedroom

Features: Carpet, Double Vanity, Window Cov
Level: First
Area: 280
Dimensions: 14 x 20

Bedroom 2

Features: Carpet, Window Cov
Level: First
Area: 132
Dimensions: 12 x 11

Bedroom 3

Features: Carpet, Window Cov
Level: First
Area: 120
Dimensions: 10 x 12

Bedroom 4

Features: Carpet, Window Cov
Level: First
Area: 120
Dimensions: 10 x 12

Dining room

Features: Vaulted Ceiling(s), Window Cov, Wood Floor
Level: First
Area: 180
Dimensions: 12 x 15

Family room

Features: Carpet, Fireplace, Vaulted Ceiling(s), Window Cov
Level: First
Area: 280
Dimensions: 14 x 20

Kitchen

Features: Eat-in Kitchen, Kitchen Island, Pantry, Vinyl, Window Cov
Level: First
Area: 169
Dimensions: 13 x 13

Heating

Central 1, Electric

Cooling

Central 1, Electric

Features

Basement: Crawl Space
Number of fireplaces: 2
Fireplace features: Two

Interior area

Total interior livable area: 2,749 sqft

Property

Features

Levels: Multi/Split

Lot

Size: 1.92 Acres
Dimensions: 200 x 441 x 199.1 x 452.7

Details

Parcel number: 1508270004044.000

Construction

Type & style

Home type: SingleFamily
Architectural style: Contemporary,Tudor
Property subtype: Single Family Residence

Condition

New construction: No
Year built: 1979

Utilities & green energy

Sewer: Septic Tank
Water: Public

Community & neighborhood

Location

Region: Madison
Subdivision: Rainbow Mountain Heights

Other

Other facts

Listing agreement: Agency

Price history

Date	Event	Price
11/9/2023	Sold	$375,000+1.1%$136/sqft
Source: ValleyMLS #21843233 Report a problem
9/18/2023	Pending sale	$371,000$135/sqft
Source: ValleyMLS #21843233 Report a problem
9/10/2023	Listed for sale	$371,000$135/sqft
Source: ValleyMLS #21843233 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,484 +6.7%	$39,620 +6.7%
2024	$2,328	$37,140
2023	$2,328 +13.2%	$37,140 +13.2%
2022	$2,056 +6.8%	$32,820 +6.8%
2021	$1,925 +1.7%	$30,740 +1.7%
2020	$1,893 +23.7%	$30,240
2019	$1,530	$30,240 +1.8%
2018	$1,530 +1.8%	$29,700
2017	$1,503	$29,700
2016	$1,503	$29,700
2015	$1,503 +5.2%	$29,700 +4.4%
2014	$1,428	$28,440
2013	--	$28,440 +6.4%
2012	--	$26,740
2011	--	$26,740