3 months on rocket

321 Rainbow Ave N, Rainsville, AL, 35986

$400,000

Home List Price

$4,750*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
1,635 SqFt
$245/SqFt
House

Location

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321 Rainbow Ave N, Rainsville$400,000

Buyer Closing Credits

$4,750*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage-Two Car
Year Built1982
HeatingCentral 1
CoolingCentral 1
WaterfrontPond
FireplaceNone
MLS #21866110
Lot Size11.00 Acres
StatusActive

About 321 Rainbow Ave N

Beautiful private home setting with acreage in the city limits of Rainsville. 3BR, 2 bath home, large pond, mature trees, +/- 11 acres. Part of the acreage is subdivided into 11 lots with public sewage. Beautiful setting for a mini farm or an investment opportunity with lots ready for sale or development.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch/1 Story
  • Year Built: 1982
  • Stories: 1
  • Living Area: 1,635 SqFt

Listing Office:

  • Office Name: Kim Horton Realty
  • Office Phone: (256) 638-8003

Interior Features

Interior Information:

  • Basement: No
  • Fireplace: None

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Pond
  • Exterior: Det. Bldg, Drive-Gravel, Gazebo

Parking Information:

  • Parking: Garage-Two Car

Lot Features

Lot Information:

  • Lot Size: 11.00 Acres

Utilities

Utilities Information:

  • Heating: Central 1
  • Cooling: Central 1

Other

Directions Information:

  • Directions: Hwy 35 W, Turn Right Onto Rainbow Ave N, Property On The Left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $400,000
  • Price Per SqFt: $245/SqFt
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Housing Market Comparison

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

Med. Sold Price

$227.5K

Med. Price/SqFt

$146

# of Sold Homes

2

321 Rainbow Ave N vs Rainsville

98 DAYS ON ROCKET

$400,000

+$172.5K More

$245/SqFt

+$99 More

KEY TAKEAWAY

This property is $172.5K more than the Median Sold Price and $99/SqFt more than other homes in Rainsville, AL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #21866110

Listing Office:

  • Office Name: Kim Horton Realty
  • Office Phone: (256) 638-8003

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: 11/5/2024, 6:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020 - $11,160
2019 - $11,860
2017 - $10,800

History based on county public records data.

Payment Calculator

$2,064

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,266

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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-13244
10
/10
  • Wills Valley Elementary School

  • 4111 Williams Ave NE

  • 10.36 miles

  • Public District Grades PK-2

school-card-donut-13245
9
/10
  • Thurston T Nelson Elementary School

  • 202 Ida Moody Rd

  • 13.65 miles

  • Public District Grades KG-4

school-card-donut-13246
7
/10
  • Caldwell Elementary School

  • 905 S Market St

  • 14.56 miles

  • Public District Grades KG-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,565. Residents of Rainsville, AL typically earn less than $35k each year. The majority of 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 321 Rainbow Ave N

What is the listing price of this property?

The listing price of 321 Rainbow Ave N property is $400,000.

What type of property is this?

The property 321 Rainbow Ave N is a house located in Rainsville, Alabama, 35986.

Is this property for sale now?

Active Listing: 321 Rainbow Ave N is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 321 Rainbow Ave N has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 321 Rainbow Ave N is 1,635 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 321 Rainbow Ave N is 1982.

Rocket HomesAlabamaDeKalb CountyRainsville35986321 Rainbow Ave N

This home is located at 321 Rainbow Ave N in Rainsville, AL and zip code 35986. This 1,635 square foot home, which was built in 1982, sits on a 11.00 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 30, 2024 and is currently priced at $400,000.

While more than 1 listings in Rainsville, AL in October 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 1 were sold below. Between September 2024 and October 2024, Rainsville, AL real estate market has seen increase in the number of listings by 4.8%.

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

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