4 months on rocket

242 S Rainbow Ave, Rainsville, AL, 35986

$381,900

Home List Price

$4,535*

Closing Credit

3 Bedrooms
2 Full Baths
2,100 SqFt
$182/SqFt
House

Location

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242 S Rainbow Ave, Rainsville$381,900

Buyer Closing Credits

$4,535*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage-Two Car
HeatingCentral 1
CoolingCentral 1
FireplaceNone
MLS #21859715
Lot Size3.50 Acres
StatusActive

About 242 S 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 theres a 2-car garage plus a nifty detached shop for all your tinkering needs. But wait, theres more! Youve got this extra structure just over 1400 sq ft, perfect for hosting family reunions or settin up a sweet little apartment. And get this—its all just a stones throw away from everything you could need. Come on down and experience Southern living at its finest!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch/1 Story
  • Stories: 1
  • Living Area: 2,100 SqFt

Listing Office:

  • Office Name: Bhhs Southern Routes Realty
  • Office Phone: (706) 657-2353

Interior Features

Interior Information:

  • Basement: No
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Parking: Garage-Two Car

Lot Features

Lot Information:

  • Lot Size: 3.50 Acres

Utilities

Utilities Information:

  • Heating: Central 1
  • Cooling: Central 1

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.

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Rainsville, AL

City

Med. Sold Price

$227.5K

Med. Price/SqFt

$146

# of Sold Homes

4

242 S Rainbow Ave vs Rainsville

144 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 Number: #21859715

Listing Office:

  • Office Name: Bhhs Southern Routes Realty
  • Office Phone: (706) 657-2353

The data relating to ValleyMLS on this Web site derived in part from the VALLEYMLS.COM MLS (VALLEYMLS.COM) IDX datashare program. © 2024 Valley MLS, Inc.

All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 7:21:05 AM 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.

Payment Calculator

$1,974

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,211

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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

school-card-donut-910276
10
/10

  • Wills Valley Elementary School

  • 4111 Williams Ave NE

  • 10.62 miles

  • Public District Grades PK-2

school-card-donut-910277
10
/10

  • Nelson Elementary School

  • 202 Ida Moody Rd

  • 13.60 miles

  • Public District Grades PK-KG

school-card-donut-910278
7
/10

  • Collins Intermediate School

  • 102 Legion Dr

  • 14.33 miles

  • Public District Grades 4-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

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

All data provided by Home Junction and Claritas

Frequently Asked Questions About 242 S Rainbow Ave

What is the listing price of this property?

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

What type of property is this?

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

Is this property for sale now?

Active Listing: 242 S 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 S Rainbow Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

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

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

This home is located at 242 S Rainbow Ave in Rainsville, AL and zip code 35986. This 2,100 square foot home sits on a 3.50 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 30, 2024 and is currently priced at $381,900.

In November 2024, from all listings sold in Rainsville, AL there were more than 0 sold above asking price, over 4 sold below and more than 0 were sold right at the asked price. Between October 2024 and November 2024, Rainsville, AL real estate market has seen increase in the number of listings by 15.6%.

From Rocket Homes Real Estate and based on county public records data.

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