$10,000

closing credit¹

353 Rainbow Dr Madison, AL 35758

$995,000
4 beds
2 full, 2 partial
4,468 sqft
2.1 acres
$223 / sqft
House

Property details

About 353 Rainbow Dr

HUGE PRICE DROP priced way BELOW Appraised Value Go in with Equity! This home has too many special and interesting features to list. Great LOCATION, Country living inside Madison City limits only mins from Research Park, and I565, see appraisal in MLS DOCs 4br 4ba 2 L/R Walkout Basement features large bonus suite with WI closet, 3/4 bath, full kitchen/dining room with large laundry/dog wash and large open areas for entertaining. The back yard is a Staycation, features Koi pond , watrfalls, Pavilion, Stone Fireplace fully furnished OD kitchen, HEShed/SHEShed, Home Completely renovated Seller is a licensed Real Estate Broker

Highlights

Home typeSingle Family Residence
HeatingCentral 1
StatusActive
CoolingCentral 1
Size4,468 sqft
BasementYes
Lot size2.1 Acres
ParkingGarage-Two Car, Garage-Attached, Carport-Three+ Car, Attached Carport, Workshop in Garage, Garage Door Opener, Garage Faces Side, Circular Driveway, Driveway-Concrete, Parking Pad
MLS #21870722
FireplaceOne, Masonry, See Remarks

Virtual tour

Summary

  • MLS Number: 21870722
  • Office Name: Zeriss Realty, LLC
  • Office Phone: (256) 288-3144
  • Office Email: waltalarealtor@aol.com

The data relating to ValleyMLS on this Web site derived in part from the VALLEYMLS.COM MLS (VALLEYMLS.COM) IDX datashare program. © 2025 Valley MLS, Inc.

All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/31/2025, 1:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$995,000

353 Rainbow Dr

$10,000

closing credit¹

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$31,560$2,155
2022$28,780$1,962
2021$27,020$1,839
2019$20,360$1,026
2017$20,080$1,012

History based on county public records data.

Nearby schools

9

Rainbow Elementary School

Public District PK-5

0.4 mi

50 Nance Rd

5

Providence Elementary School

Public District PK-5

1.8 mi

10 Chalkstone St NW

9

Midtown Elementary School

Public District KG-5

2.5 mi

4976 Wall Triana Hwy

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $126,705. The majority of Madison, AL residents have income between $100k-200k annually. Residents typically live in married, no kids family. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

7%
<35k
30%
35k-100k
33%
100k-200k
30%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

20%
Single, No Kids
5%
Single, with Kids
40%
Married, No Kids
35%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
12%
12-17 yrs old
12%
18-34 yrs old
51%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • Skiing/snowboardingSkiing/snowboarding
  • PGA/LPGAPGA/LPGA
  • College FootballCollege Football

Where do the neighbors shop?

  • BJs Wholesale ClubBJs Wholesale Club
  • Stein MartStein Mart
  • Best BuyBest Buy

Where do the neighbors go to eat?

  • PaneraPanera
  • Cracker BarrelCracker Barrel
  • Texas RoadhouseTexas Roadhouse

What do the neighbors drive?

  • InfinitiInfiniti
  • LexusLexus
  • RamRam

What do the neighbors listen to?

  • Adult HitsAdult Hits
  • OldiesOldies
  • Contemporary ChristianContemporary Christian
All data provided by Home Junction and Claritas

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Frequently asked questions

About 353 Rainbow Dr

This home is located at 353 Rainbow Dr in Madison, AL and zip code 35758. This 4,468 square foot home sits on a 2.10 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 17, 2024 and is currently priced at $995,000.

In December 2024, from all listings sold in Madison, AL there were more than 16 sold above asking price, over 52 sold below and more than 36 were sold right at the asked price. Between November and December 2024, Madison, AL real estate market has seen decrease in the number of listings by 6.9%.

From Rocket Homes Real Estate and based on county public records data.

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