242 Rainbow Ave, Rainsville, AL, 35986

Location

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242 Rainbow Ave, Rainsville$381,900

Buyer Closing Credits

$4,535^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

Garage2 spaces

Year Built1991

HeatingCentral

CoolingCentral Air

BasementYes

MLS #1396787

Lot Size3.50 Acres

StatusActive

About 242 Rainbow Ave

Welcome on over to your very own Southern sanctuary right here in Rainsville, Alabama! NEW roofs installed June 2024. Picture this: 3.5 acres of wide-open spaces, a large 3-bed, 2-bath home just waiting for you to kick off your boots and relax. Oh, and there's a 2-car garage plus a nifty detached shop for all your tinkering needs. But wait, there's more! You've got this extra structure just over 1400 sq ft, perfect for hosting family reunions or settin' up a sweet little apartment. And get this—it's all just a stone's throw away from everything you could need. Come on down and experience Southern living at its finest!

Property Details

Property Features

Property Information:

Year Built: 1991
Stories: 1
Living Area: 2,100 SqFt

Listing Office:

Office Name: BHHS Southern Routes Realty
Office Phone: (423) 541-6105

Interior Features

Interior Information:

Appliances: Microwave
Basement: Yes
Interior: En Suite, Open Floorplan

Bedroom and Bathroom Information:

Full Bathrooms: 2
Total Bedroom Count: 3

Exterior Features

Exterior Information:

Exterior: Porch, Porch/Screened

Parking Information:

Garage Space: 2 spaces

Lot Features

Lot Information:

Lot Size: 3.50 Acres

Utilities

Utilities Information:

Heating: Central
Cooling: Central Air

Other

Directions Information:

Directions: Head NW from the Rainsville red light for 1 mile, turn left onto Rainbow Ave S, house is the second driveway on the right

Price Information

Listing Price Info

Price Summary:

List Price: $381,900
Price Per SqFt: $182/SqFt

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Housing Market Comparison

See how this home compares to others in Rainsville, AL.

Rainsville, AL

City

Med. Sold Price

$227.5K

Med. Price/SqFt

$146

# of Sold Homes

242 Rainbow Ave vs Rainsville

95 DAYS ON ROCKET

$381,900

+$154.4K More

$182/SqFt

+$36 More

KEY TAKEAWAY

This property is $154.4K more than the Median Sold Price and $36/SqFt more than other homes in Rainsville, AL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

MLS Name: Greater Chattanooga REALTORS®
MLS Number: #1396787

Listing Office:

Office Name: BHHS Southern Routes Realty
Office Phone: (423) 541-6105

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Chattanooga Association of Realtors®. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright© 2024 Greater Chattanooga Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 5:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

/10

Wills Valley Elementary School
4111 Williams Ave NE
Distance between this listing and this school10.64 miles
Public District Grades PK-2

/10

Thurston T Nelson Elementary School
202 Ida Moody Rd
Distance between this listing and this school13.62 miles
Public District Grades KG-4

/10

Caldwell Elementary School
905 S Market St
Distance between this listing and this school14.64 miles
Public District Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

How much money do the neighbors make?

57%

<35k

26%

35k-100k

15%

100k-200k

200k+

What level of education do the neighbors have?

High School: 52%
Post Secondary: 31%
Masters: 17%

What types of families live nearby?

34%

Single, No Kids

Single, with Kids

33%

Married, No Kids

24%

Married, with Kids

Are the neighbors home owners or renters?

Home Owners: 77%
Renters: 23%

How old are people in this area?

14%

<11 yrs old

12-17 yrs old

19%

18-34 yrs old

42%

35-64 yrs old

16%

65+ yrs old

What do the neighbors do for fun?

Hunting
Monster Trucks
NASCAR

Where do the neighbors shop?

Wal-Mart
Dollar General
Academy Sports & Outdoors

Where do the neighbors go to eat?

Hardee's
Jimmy Johns
Applebees

What do the neighbors drive?

Ram
Chevrolet
GMC

What do the neighbors listen to?

Classic Country
Country
New Country

The neighbors living near this home have an average income of $27,671. Typical income of Rainsville, AL residents is less than $35k annually. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 242 Rainbow Ave

What is the listing price of this property?

The listing price of 242 Rainbow Ave property is $381,900.

What type of property is this?

The property 242 Rainbow Ave is a house located in Rainsville, Alabama, 35986.

Is this property for sale now?

Active Listing: 242 Rainbow Ave is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 242 Rainbow Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 242 Rainbow Ave is 2,100 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 242 Rainbow Ave is 1991.

Rocket Homes›Alabama›DeKalb County›Rainsville›35986›242 Rainbow Ave

This home is located at 242 Rainbow Ave in Rainsville, AL and zip code 35986. This 2,100 square foot home, which was built in 1991, sits on a 3.50 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 02, 2024 and is currently priced at $381,900.

Rainsville, AL housing market in October 2024 saw over 1 listings sold above listed price, more than 0 sold at listed price and over 1 sold below. In October 2024 in Rainsville, AL there were 4.8% more homes for sale than in September 2024.

Location

Property Highlights

Property Details

Property Features

Interior Features

Exterior Features

Lot Features

Utilities

Other

Price Information

Listing Price Info

Housing Market Comparison

MLS Details

Property Sales & Tax

Payment Calculator

Schools

Schools Nearby

Neighborhood

What Are The Neighbors Like?

Frequently Asked Questions About 242 Rainbow Ave

More Resources

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