Immediate Occupancy! Looking for a nice little home in Rainbow City under $160,000? Here you go! This home features three bedrooms, two baths, with open living/dining and kitchen area. Kitchen comes with appliances! One step inside and wide hallway for easy move-in. Covered deck on back with fenced in yard. One car garage and located on a dead end street. John Jones and Rainbow Middle Schools! Property address qualifies for 100% financing with approved credit.
Sold for $165,000
$165,000
505 Shane Ln, Rainbow City, AL 35906
3beds
1,442sqft
Single Family Residence
Built in 1973
0.29 Acres Lot
$193,200 Zestimate®
$114/sqft
$1,546 Estimated rent
Home value
$193,200
$180,000 - $207,000
$1,546/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Amy LaCount 256-504-5024,
River Towne Real Estate Group
Bought with:
Carrie Works, 140725
Re/Max Unlimited
Source: ValleyMLS,MLS#: 21867019
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Primary bedroom
- Features: Carpet
- Level: First
- Area: 156
- Dimensions: 12 x 13
Bedroom 2
- Features: Carpet
- Level: First
- Area: 144
- Dimensions: 12 x 12
Bedroom 3
- Features: Carpet
- Level: First
- Area: 144
- Dimensions: 12 x 12
Dining room
- Features: Carpet
- Level: First
- Area: 216
- Dimensions: 18 x 12
Kitchen
- Features: Linoleum
- Level: First
- Area: 156
- Dimensions: 12 x 13
Living room
- Features: Carpet
- Level: First
- Area: 272
- Dimensions: 16 x 17
Heating
- Central 1
Cooling
- Central 1
Features
- Basement: Crawl Space
- Has fireplace: No
- Fireplace features: None
Interior area
- Total interior livable area: 1,442 sqft
Property
Parking
- Parking features: Garage-One Car, Garage-Attached, Garage Door Opener, Garage Faces Front
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.29 Acres
- Dimensions: 90 x 140
Details
- Parcel number: 1509312000013.000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1973
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Rainbow City
- Subdivision: Druid Park
Price history
| Date | Event | Price |
|---|---|---|
| 10/7/2024 | Sold | $165,000+3.2%$114/sqft |
Source:  ValleyMLS #21867019 Report a problem | ||
| 7/31/2024 | Contingent | $159,900$111/sqft |
Source: ValleyMLS #21867019 Report a problem | ||
| 7/28/2024 | Listed for sale | $159,900+77.7%$111/sqft |
Source: ValleyMLS #21867019 Report a problem | ||
| 10/21/2016 | Sold | $90,000-9.9%$62/sqft |
Source: ValleyMLS #1037909 Report a problem | ||
| 8/10/2016 | Price change | $99,900-9.1%$69/sqft |
Source: Advantage Properties #1037909 Report a problem | ||
| 4/23/2016 | Price change | $109,900-8.3%$76/sqft |
Source: Advantage Properties #1037909 Report a problem | ||
| 2/15/2016 | Listed for sale | $119,900$83/sqft |
Source: Advantage Properties #1037909 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $582 | $15,400 |
| 2024 | $582 -6.1% | $15,400 -5.6% |
| 2023 | $620 +21.5% | $16,320 +19.6% |
| 2022 | $510 +25.1% | $13,640 +22.4% |
| 2021 | $408 | $11,140 |
| 2020 | $408 | $11,140 +0.7% |
| 2019 | $408 +0.8% | $11,060 +12.4% |
| 2017 | $404 +14.1% | $9,840 |
| 2016 | $354 | $9,840 |
| 2015 | $354 | $9,840 +4.7% |
| 2013 | $354 | $9,400 |
| 2012 | -- | $9,400 |
| 2011 | -- | $9,400 |
| 2010 | -- | $9,400 |
| 2008 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
| 2000 | -- | -- |
Find assessor info on the county website
Neighborhood: 35906
Nearby schools
GreatSchools rating
- 10/10John S Jones Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 6/10Rainbow Middle SchoolGrades: 6-8Distance: 0.6 mi
- 6/10Southside High SchoolGrades: 9-12Distance: 2.7 mi
Schools provided by the listing agent
- Elementary: John S Jones Elementary
- Middle: Rainbow
- High: Southside High School
Source: ValleyMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$193,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$193,200
- Alabama
- Etowah County
- Rainbow City
- 35906
- 505 Shane Ln
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