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115 Rainbow Glen Cir; Madison, AL Property Details

115 Rainbow Glen Cir, Madison, AL is a Single Family that was built in 2006. This property is currently Financed,Intra-Family and is for sale. Our records show that 115 Rainbow Glen Cir has 4 bedrooms, and 2.5 bathrooms, and a total of 2,473 square feet. The lot size of 115 Rainbow Glen Cir is 15,769 square feet.

On Market for 119 days
115 Rainbow Glen Cir Madison, AL 35758
$1,300,000 Listing Price
4 Beds
2.5 Baths
2,473 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2006
  • Open Loans / Balance: 1 / $698,629
  • Est. Equity / %: $618,371 / 46.95%
  • Gross Yield: 4.971%
  • APN: 15-08-27-0-002-004.040
  • Situs County: Madison
  • Length Of Ownership: 6 years

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

  • Building Style: Wood
  • Floor Cover Type: Hardwood
  • Stories: 1
  • Exterior Wall Type: Brick
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Excellent
  • Roof Type: Gable Or Hip
  • Roof Cover Type: Asphalt

Measurements

  • Total: 2,473/SqFt
  • Lot: 15,769/SqFt
  • Living: 2,473/SqFt
  • Building: 2,473/SqFt
  • Ground: 2,473/SqFt

Legal Description

  • Description: LOT 50 RAINBOW LANDING PB 46 PG 97&98
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Madison City School District
  • Lat / Lon: 34.75107 / -86.72876
  • Subdivision: Rainbow Landing
  • Property Class: Residential
  • County Use Code: 111

Amenities

  • Plus Four: 9517
  • Bathroom Fixtures: 20
  • Cooling: Yes
  • Fireplaces: 1
  • Heating: Forced air unit

HOA

  • H O A One: $650
  • H O A Amount: $650
  • H O A One Frequency: Annual
  • H O A One Type: Planned Unit Development

Ownership Info

115 Rainbow Glen Cir has no associated ownership info
115 Rainbow Glen Cir has no associated ownership info.

Taxes

115 Rainbow Glen Cir has 8 associated Taxes items

115 Rainbow Glen Cir, Madison, AL pays taxes in Madison County, AL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $92,980. The APN we've located for 115 Rainbow Glen Cir is 15-08-27-0-002-004.040.

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Taxes
  • Assessed Value:  $92,980
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  15-08-27-0-002-004.040
  • Assessed Land Value:  7480
  • Market Land Value:  74800
  • Market Value:  929700
  • Market Year:  2025

Tax History

115 Rainbow Glen Cir has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $92,980 Land Value $7,480 Improvement Value $85,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $90,960 Land Value $7,480 Improvement Value $83,480 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $87,580 Land Value $7,480 Improvement Value $80,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2022 Assessed Value $77,100 Land Value $7,480 Improvement Value $69,620 Tax Amount Change Rate Assessed CR Tax Rate
Year 2021 Assessed Value $68,160 Land Value $6,000 Improvement Value $62,160 Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $64,670 Land Value $5,990 Improvement Value $58,680 Tax Amount Change Rate Assessed CR Tax Rate
Year 2019 Assessed Value $62,190 Land Value $5,990 Improvement Value $56,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2018 Assessed Value $58,960 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2017 Assessed Value $58,460 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $116,900 Land Value Improvement Value Tax Amount $6,756.31 Change Rate Assessed CR Tax Rate +0.057796%
Year 2015 Assessed Value $116,900 Land Value Improvement Value Tax Amount $6,756.31 Change Rate -0.029719% Assessed CR Tax Rate +0.057796%
Year 2014 Assessed Value $121,100 Land Value Improvement Value Tax Amount $6,963.25 Change Rate Assessed CR Tax Rate +0.0575%