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281 Rainbow Dr; Madison, AL Property Details

281 Rainbow Dr, Madison, AL is a Single Family that was built in 1973. This property is not for sale. Our records show that 281 Rainbow Dr has 1 bathroom, and a total of 1,868 square feet. The lot size of 281 Rainbow Dr is 21,867 square feet.

Off market
281 Rainbow Dr Madison, AL 35758
$19,280 Estimated Value
1 Baths
1,868 SqFt
Property Details

Summary

  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1973
  • Open Loans / Balance: 1 / $31,148
  • Est. Equity / %: $303,852 / 90.7%
  • Gross Yield: 6.333%
  • APN: 15-08-27-0-003-039.000
  • 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: Good
  • Roof Type: Gable Or Hip
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,868/SqFt
  • Lot: 21,867/SqFt
  • Living: 1,868/SqFt
  • Building: 1,868/SqFt
  • Ground: 1,868/SqFt

Legal Description

  • Description: LOT 13 BL 1 RAINBOW MTN HGTS 4TH ADD
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: 34.750397 / -86.72229
  • Subdivision: Rainbow Mountain Heights 4th
  • Property Class: Residential
  • County Use Code: 111

Amenities

  • Plus Four: 8776
  • Bathroom Fixtures: 3
  • Cooling: Yes
  • Heating: Forced air unit

Ownership Info

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

Taxes

281 Rainbow Dr has 10 associated Taxes items

281 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 $19,280. The APN we've located for 281 Rainbow Dr is 15-08-27-0-003-039.000.

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Taxes
  • Assessed Value:  $19,280
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  15-08-27-0-003-039.000
  • Assessed Land Value:  1880
  • Market Land Value:  18700
  • Tax Amount:  1202.64
  • Tax Year:  2025
  • Market Value:  192700
  • Market Year:  2025

Tax History

281 Rainbow Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $19,280 Land Value $1,880 Improvement Value $17,400 Tax Amount $1,202.64 Change Rate +0.079065% Assessed CR Tax Rate +0.062378%
Year 2024 Assessed Value $18,040 Land Value $1,880 Improvement Value $16,160 Tax Amount $1,114.52 Change Rate Assessed CR Tax Rate +0.06178%
Year 2023 Assessed Value $18,040 Land Value $1,880 Improvement Value $16,160 Tax Amount $1,114.52 Change Rate +0.127555% Assessed CR Tax Rate +0.06178%
Year 2022 Assessed Value $15,880 Land Value $1,880 Improvement Value $14,000 Tax Amount $988.44 Change Rate +0.142758% Assessed CR Tax Rate +0.062244%
Year 2021 Assessed Value $13,920 Land Value $1,880 Improvement Value $12,040 Tax Amount $864.96 Change Rate -0.05381% Assessed CR Tax Rate +0.062138%
Year 2020 Assessed Value $13,690 Land Value $1,650 Improvement Value $12,040 Tax Amount $914.15 Change Rate +0.219273% Assessed CR Tax Rate +0.066775%
Year 2019 Assessed Value $13,690 Land Value $1,650 Improvement Value $12,040 Tax Amount $749.75 Change Rate +0.003077% Assessed CR Tax Rate +0.054766%
Year 2018 Assessed Value $13,660 Land Value Improvement Value Tax Amount $747.45 Change Rate Assessed CR Tax Rate +0.054718%
Year 2017 Assessed Value $13,660 Land Value Improvement Value Tax Amount $747.45 Change Rate Assessed CR Tax Rate +0.054718%
Year 2016 Assessed Value $13,660 Land Value Improvement Value Tax Amount $747.45 Change Rate Assessed CR Tax Rate +0.054718%
Year 2015 Assessed Value $13,660 Land Value Improvement Value Tax Amount $747.45 Change Rate +0.063305% Assessed CR Tax Rate +0.054718%
Year 2014 Assessed Value $13,060 Land Value Improvement Value Tax Amount $702.95 Change Rate Assessed CR Tax Rate +0.053825%