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164 Rainbow Dr; Madison, AL Property Details

164 Rainbow Dr, Madison, AL is a Single Family that was built in 1966. This property is not for sale. Our records show that 164 Rainbow Dr has 1 bathroom, and a total of 1,616 square feet. The lot size of 164 Rainbow Dr is 59,982 square feet.

Off market  •   Pre Probate ✓
164 Rainbow Dr Madison, AL 35758
$17,080 Estimated Value
1 Baths
1,616 SqFt
Property Details

Summary

  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1966
  • Open Loans / Balance: 2 / $213,525
  • Est. Equity / %: $65,475 / 23.47%
  • Gross Yield: 6.787%
  • APN: 15-08-27-0-002-018.000
  • Situs County: Madison

Rooms

  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

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

Measurements

  • Total: 1,616/SqFt
  • Lot: 59,982/SqFt
  • Garage: 900/SqFt
  • Living: 1,616/SqFt
  • Building: 1,616/SqFt
  • Ground: 1,616/SqFt

Legal Description

  • Description: LOT 5 BLK 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: 34.754475 / -86.723305
  • Subdivision: Rainbow Mountain Heights 2nd A
  • Property Class: Residential
  • County Use Code: 111

Amenities

  • Plus Four: 8774
  • Bathroom Fixtures: 3
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit
  • Parking: 4

Ownership Info

164 Rainbow Dr has no associated ownership info
164 Rainbow Dr has no associated ownership info.

Taxes

164 Rainbow Dr has 10 associated Taxes items

164 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 $17,080. The APN we've located for 164 Rainbow Dr is 15-08-27-0-002-018.000.

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Taxes
  • Assessed Value:  $17,080
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  15-08-27-0-002-018.000
  • Assessed Land Value:  1940
  • Market Land Value:  19400
  • Tax Amount:  569.6
  • Tax Year:  2025
  • Market Value:  170600
  • Market Year:  2025

Tax History

164 Rainbow Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $17,080 Land Value $1,940 Improvement Value $15,140 Tax Amount $569.6 Change Rate +0.074352% Assessed CR Tax Rate +0.033349%
Year 2024 Assessed Value $16,000 Land Value $1,940 Improvement Value $14,060 Tax Amount $530.18 Change Rate Assessed CR Tax Rate +0.033136%
Year 2023 Assessed Value $16,000 Land Value $1,940 Improvement Value $14,060 Tax Amount $530.18 Change Rate +0.14867% Assessed CR Tax Rate +0.033136%
Year 2022 Assessed Value $14,120 Land Value $1,940 Improvement Value $12,180 Tax Amount $461.56 Change Rate +0.076625% Assessed CR Tax Rate +0.032688%
Year 2021 Assessed Value $13,220 Land Value $1,940 Improvement Value $11,280 Tax Amount $428.71 Change Rate -0.542602% Assessed CR Tax Rate +0.032429%
Year 2020 Assessed Value $25,960 Land Value $3,420 Improvement Value $22,540 Tax Amount $937.28 Change Rate +1.583177% Assessed CR Tax Rate +0.036105%
Year 2019 Assessed Value $12,980 Land Value $1,710 Improvement Value $11,270 Tax Amount $362.84 Change Rate +0.003318% Assessed CR Tax Rate +0.027954%
Year 2018 Assessed Value $12,960 Land Value Improvement Value Tax Amount $361.64 Change Rate Assessed CR Tax Rate +0.027904%
Year 2017 Assessed Value $12,960 Land Value Improvement Value Tax Amount $361.64 Change Rate Assessed CR Tax Rate +0.027904%
Year 2016 Assessed Value $12,960 Land Value Improvement Value Tax Amount $361.64 Change Rate Assessed CR Tax Rate +0.027904%
Year 2015 Assessed Value $12,960 Land Value Improvement Value Tax Amount $361.64 Change Rate +0.048718% Assessed CR Tax Rate +0.027904%
Year 2014 Assessed Value $12,400 Land Value Improvement Value Tax Amount $344.84 Change Rate Assessed CR Tax Rate +0.02781%