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199 Rainbow Cir; Madison, AL Property Details

199 Rainbow Cir, Madison, AL is a Single Family that was built in 1960. This property is not for sale. Our records show that 199 Rainbow Cir has 1 bathroom, and a total of 2,183 square feet. The lot size of 199 Rainbow Cir is 17,424 square feet.

Off market
7683 Highway 72 W Madison, AL 35758
$795,000 Listing Price
1 Baths
2,183 SqFt
Property Details

Summary

  • Owners / Type: 1 / Trust
  • Owner Status: Trust
  • Year Built: 1960
  • Est. Equity / %: $346,000 / 100%
  • Gross Yield: 8.82%
  • APN: 15-08-28-1-001-036.000
  • Situs County: Madison

Rooms

  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

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

Measurements

  • Total: 2,183/SqFt
  • Lot: 17,424/SqFt
  • Living: 2,183/SqFt
  • Building: 2,183/SqFt
  • Ground: 2,183/SqFt

Legal Description

  • Description: PT OF NE1/4 OF SEC 28 BEG ON S MAR U S H/W 72 SD PT FUR DES AS E 60 FT & N 1143.80 FT & N 76 DEG E 1222.90 FT FR CEN OF SEC 2
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: 34.754368 / -86.7363
  • Property Class: Residential
  • County Use Code: 111

Amenities

  • Plus Four: 8750
  • Bathroom Fixtures: 3
  • Cooling: Yes
  • Fireplaces: 1
  • Heating: Forced air unit

Ownership Info

7683 Highway 72 W has no associated ownership info
7683 Highway 72 W has no associated ownership info.

Taxes

7683 Highway 72 W has 10 associated Taxes items

199 Rainbow 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 $49,940. The APN we've located for 199 Rainbow Cir is 15-08-28-1-001-036.000.

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Taxes
  • Assessed Value:  $49,940
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  15-08-28-1-001-036.000
  • Assessed Land Value:  17600
  • Market Land Value:  88000
  • Tax Amount:  1770.01
  • Tax Year:  2025
  • Market Value:  249700
  • Market Year:  2025

Tax History

7683 Highway 72 W has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $49,940 Land Value $17,600 Improvement Value $32,340 Tax Amount $1,770.01 Change Rate +0.029728% Assessed CR Tax Rate +0.035443%
Year 2024 Assessed Value $48,540 Land Value $17,600 Improvement Value $30,940 Tax Amount $1,718.91 Change Rate Assessed CR Tax Rate +0.035412%
Year 2023 Assessed Value $48,540 Land Value $17,600 Improvement Value $30,940 Tax Amount $1,718.91 Change Rate +0.119315% Assessed CR Tax Rate +0.035412%
Year 2022 Assessed Value $43,520 Land Value $17,600 Improvement Value $25,920 Tax Amount $1,535.68 Change Rate +0.061564% Assessed CR Tax Rate +0.035287%
Year 2021 Assessed Value $41,080 Land Value $17,600 Improvement Value $23,480 Tax Amount $1,446.62 Change Rate +0.066176% Assessed CR Tax Rate +0.035215%
Year 2020 Assessed Value $38,620 Land Value $17,600 Improvement Value $21,020 Tax Amount $1,356.83 Change Rate +0.016405% Assessed CR Tax Rate +0.035133%
Year 2019 Assessed Value $38,020 Land Value $17,600 Improvement Value $20,420 Tax Amount $1,334.93 Change Rate +1.144225% Assessed CR Tax Rate +0.035111%
Year 2018 Assessed Value $17,780 Land Value Improvement Value Tax Amount $622.57 Change Rate Assessed CR Tax Rate +0.035015%
Year 2017 Assessed Value $17,780 Land Value Improvement Value Tax Amount $622.57 Change Rate -0.5% Assessed CR Tax Rate +0.035015%
Year 2016 Assessed Value $35,560 Land Value Improvement Value Tax Amount $1,245.14 Change Rate Assessed CR Tax Rate +0.035015%
Year 2015 Assessed Value $35,560 Land Value Improvement Value Tax Amount $1,245.14 Change Rate +1.052959% Assessed CR Tax Rate +0.035015%
Year 2014 Assessed Value $17,340 Land Value Improvement Value Tax Amount $606.51 Change Rate Assessed CR Tax Rate +0.034978%