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1140 Rainbow Dr

Birmingham, AL 35215

3 bd 2 ba 1,366 sqft Built 1965 single_family
Most recent sale
$160,000
Aug 5, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 5, 2022 Sold $160,000 MLS #1326460
Jul 6, 2022 Listed $145,000 MLS #1326460
Feb 27, 2004 Sold $95,000 MLS #216040
Sep 11, 2003 Listed $99,900 MLS #216040
Feb 3, 1998 Sold $69,800 Public Record
Nov 1, 1997 Sold $66,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $9,740 $634
2019 $9,740 $634
2017 $8,260 $527
2016 $8,260 $527
2015 $8,260 $527
2013 $7,160 $431
2012 $6,660 $1,225 $7,885 $482
2011 $6,790 $2,420 $9,210 $573
2010 $6,790 $2,420 $9,210 $573
2009 $6,790 $2,420 $9,210 $573
2008 $6,980 $2,420 $9,400 $587
2007 $6,880 $2,420 $9,300 $579

Property facts

Year built
1965
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,366 sqft
Lot size
ZIP code
35215
City
Birmingham
Street
Rainbow Dr
Coordinates
33.61752, -86.68260

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$960
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1140 Rainbow Dr last sell?
1140 Rainbow Dr most recently sold on Aug 5, 2022 for $160,000.
What is the current tax assessment for 1140 Rainbow Dr?
The most recent total assessment for 1140 Rainbow Dr (year 2020) is $9,740 with $634 in property tax.
How does 1140 Rainbow Dr's assessment compare to its last sale price?
The current assessment is 93.9% below the last sale price of $160,000.
When was 1140 Rainbow Dr built?
1140 Rainbow Dr was built in 1965.
How does 1140 Rainbow Dr compare to others on Rainbow Dr?
We track 2 other properties on Rainbow Dr. Browse the list under "Other properties on Rainbow Dr" to compare beds, baths, and sale history.
What are the property facts for 1140 Rainbow Dr?
1140 Rainbow Dr is a 3 bed, 2 bath, 1,366 sqft single_family.
Is 1140 Rainbow Dr a flip candidate?
No — 1140 Rainbow Dr does not appear in our flips dataset.
Is 1140 Rainbow Dr a tax-appeal candidate?
No — 1140 Rainbow Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-21.6%
Implied 1-yr
-86.5%
2026 Q3
$125.9K
2026 Q4
$125.9K
ZIP 35215 — Median Price History + Forecast

Explore nearby

Other properties on Rainbow Dr