Taxes
- Assessed Value: $14,240
- Assessed Year: 2025
- Assessed County: Madison
- APN: 15-08-27-0-002-015.000
- Assessed Land Value: 2020
- Market Land Value: 20200
- Tax Amount: 399.14
- Tax Year: 2025
- Market Value: 142200
- Market Year: 2025
124 Rainbow Dr; Madison, AL Property Details
Off market
124 Rainbow Dr Madison, AL 35758
$14,240 Estimated Value
1 Baths
1,108 SqFt
Property Type
Single FamilyProperty Details
Summary
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1965
- Est. Equity / %: $253,000 / 100%
- Gross Yield: 6.242%
- APN: 15-08-27-0-002-015.000
- Situs County: Madison
Rooms
- Bathrooms: 1
- Full Bathrooms: 1
Structure
- Building Style: Mixed
- Floor Cover Type: Carpet
- Stories: 1
- Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
- Building Condition: Good
- Roof Type: Gable Or Hip
- Roof Cover Type: Asphalt
Measurements
- Total: 1,108/SqFt
- Lot: 35,632/SqFt
- Garage: 432/SqFt
- Living: 1,108/SqFt
- Building: 1,108/SqFt
- Ground: 1,108/SqFt
Legal Description
- Description: LOT 2 BL 1 RAINBOW MT HGTS 2ND ADD PB 3 PG 12
Building Insights
Land Information
- Property Type: Single Family
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Madison County School District
- Lat / Lon: 34.755825 / -86.722855
- Subdivision: Rainbow Mountain Heights 2nd A
- Property Class: Residential
- County Use Code: 111
Amenities
- Plus Four: 8774
- Bathroom Fixtures: 6
- Cooling: Yes
- Garage: Garage
- Heating: Forced air unit
- Parking: 2
Ownership Info
124 Rainbow Dr has no associated ownership info
124 Rainbow Dr has no associated ownership info.
Taxes
124 Rainbow Dr has 10 associated Taxes items
124 Rainbow Dr, 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 $14,240. The APN we've located for 124 Rainbow Dr is 15-08-27-0-002-015.000.
Unlock the full reportTax History
124 Rainbow Dr has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $14,240 | Land Value $2,020 | Improvement Value $12,220 | Tax Amount $399.14 | Change Rate +0.072553% | Assessed CR | Tax Rate +0.028029% |
| Year 2024 | Assessed Value $13,340 | Land Value $2,020 | Improvement Value $11,320 | Tax Amount $372.14 | Change Rate | Assessed CR | Tax Rate +0.027897% |
| Year 2023 | Assessed Value $13,340 | Land Value $2,020 | Improvement Value $11,320 | Tax Amount $372.14 | Change Rate +0.135473% | Assessed CR | Tax Rate +0.027897% |
| Year 2022 | Assessed Value $11,860 | Land Value $2,020 | Improvement Value $9,840 | Tax Amount $327.74 | Change Rate +0.072658% | Assessed CR | Tax Rate +0.027634% |
| Year 2021 | Assessed Value $11,120 | Land Value $2,020 | Improvement Value $9,100 | Tax Amount $305.54 | Change Rate +0.021668% | Assessed CR | Tax Rate +0.027477% |
| Year 2020 | Assessed Value $10,880 | Land Value $1,780 | Improvement Value $9,100 | Tax Amount $299.06 | Change Rate | Assessed CR | Tax Rate +0.027487% |
| Year 2019 | Assessed Value $10,880 | Land Value $1,780 | Improvement Value $9,100 | Tax Amount $299.06 | Change Rate | Assessed CR | Tax Rate +0.027487% |
| Year 2018 | Assessed Value $10,880 | Land Value | Improvement Value | Tax Amount $299.06 | Change Rate | Assessed CR | Tax Rate +0.027487% |
| Year 2017 | Assessed Value $10,880 | Land Value | Improvement Value | Tax Amount $299.06 | Change Rate | Assessed CR | Tax Rate +0.027487% |
| Year 2016 | Assessed Value $10,880 | Land Value | Improvement Value | Tax Amount $299.06 | Change Rate | Assessed CR | Tax Rate +0.027487% |
| Year 2015 | Assessed Value $10,880 | Land Value | Improvement Value | Tax Amount $299.06 | Change Rate +0.046176% | Assessed CR | Tax Rate +0.027487% |
| Year 2014 | Assessed Value $10,440 | Land Value | Improvement Value | Tax Amount $285.86 | Change Rate | Assessed CR | Tax Rate +0.027381% |