Sold for $235,000

$235,000

498 Rainbow Ave NW, Rainsville, AL 35986

3beds

1,480sqft

Single Family Residence

Built in 1960

2.03 Acres Lot

$235,500 Zestimate^®

$159/sqft

$1,476 Estimated rent

Home value

$235,500

Estimated sales range

Not available

$1,476/mo

Zestimate^® history

Owner options

List your home for rent

$1,476/mo

Rent Zestimate^®

Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

Learn more

$1,476/mo

Rent Zestimate^®

Refinance and save

$1,430/mo

Est. payment

Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

See today's rates

$1,430/mo

Est. payment

Explore your selling options

Work with a Zillow partner agent

Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

Get started

List with your own agent

Get your home in front of millions of buyers by listing it on Zillow.

Learn how to do it

Sell it yourself

Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

List your home

What's special

Two-car attached carportOversized covered patioStorage barn

Welcome home to this updated 3 bedroom rancher! If you are looking for a home with 2 acres +/- located in a quiet and easily accessible neighborhood, then you have found the one! Spacious open living area and LARGE utility/laundry room are sure to appeal to you! Don't over look the storage barn, as well as the oversized covered patio, (which serves as a great space for entertaining guests), and the multiple pecan and shade trees. The two-car attached carport and concrete driveway are added benefits! You don't want to see this one get away from you!

Facts & features

Interior

Bedrooms & bathrooms

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

Primary bedroom

Features: LVP
Level: First
Area: 156
Dimensions: 13 x 12

Bedroom 2

Features: LVP Flooring
Level: First
Area: 121
Dimensions: 11 x 11

Bedroom 3

Features: Ceiling Fan(s), LVP
Level: First
Area: 110
Dimensions: 11 x 10

Dining room

Features: Crown Molding, Recessed Lighting, LVP
Level: First
Area: 80
Dimensions: 8 x 10

Kitchen

Features: Crown Molding, Pantry, Recessed Lighting, LVP
Level: First
Area: 1
Dimensions: 1 x 1

Living room

Features: Crown Molding, Recessed Lighting, LVP
Level: First
Area: 150
Dimensions: 10 x 15

Utility room

Features: Tile
Level: First
Area: 108
Dimensions: 12 x 9

Heating

Central 1, Electric, Natural Gas, Wall Furnace

Cooling

Central 1, Electric

Appliances

Included: Dishwasher, Refrigerator, Gas Oven, Disposal, Gas Water Heater, Tankless Water Heater

Features

Basement: Crawl Space
Has fireplace: No
Fireplace features: None

Interior area

Total interior livable area: 1,480 sqft

Property

Parking

Total spaces: 2
Parking features: Carport, Attached Carport, Driveway-Concrete
Carport spaces: 2

Features

Levels: One
Stories: 1
Patio & porch: Covered Patio, Covered Porch
Exterior features: Sidewalk

Lot

Size: 2.03 Acres

Details

Parcel number: 1606130003035.000

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Condition

New construction: No
Year built: 1960

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & neighborhood

Location

Region: Rainsville
Subdivision: Metes And Bounds

Price history

Date	Event	Price
4/23/2026	Sold	$235,000+2.6%$159/sqft
Source: ValleyMLS #21909008 Report a problem
4/7/2026	Contingent	$229,000$155/sqft
Source: ValleyMLS #21909008 Report a problem
2/4/2026	Listed for sale	$229,000$155/sqft
Source: ValleyMLS #21909008 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$528 +4.8%	$14,400 +15.8%
2023	$504 +0.8%	$12,440 +0.8%
2022	$500 +23.9%	$12,340 +23.9%
2021	$403 +9.5%	$9,960 +9.5%
2020	$369 +44.4%	$9,100 +18.8%
2017	$255	$7,660
2015	$255	$7,660
2014	$255	$7,660
2013	--	$7,660 -49.4%
2012	--	$15,140
2011	--	$15,140
2010	--	$15,140