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406 Kensington Ln

Rainbow City, AL 35906

3 bd 2 ba 1,416 sqft Built 2022 Lot 5,663 sqft single_family
Most recent sale
$234,990
Aug 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 29, 2022 Sold $234,990 MLS #1318601
Jun 15, 2022 Price changed $234,990 MLS #1318601
Apr 30, 2022 Listed $237,990 MLS #0004
Apr 28, 2022 Listed $237,990 MLS #1318601

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $44,480 $1,823
2023 $44,480 $1,823
2022 $4,000 $164
2021 $2,920 $119
2020 $2,920 $119
2019 $2,920 $119
2018 $2,920 $119
2017 $2,920 $119

Property facts

Year built
2022
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,416 sqft
Lot size
5,663 sqft
ZIP code
35906
City
Rainbow City
Street
Kensington Ln
Coordinates
33.97237, -86.05906

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,124
Gross rental yield
10.85%
Implied cap rate
7.05%
Trend-extrapolated value

Frequently asked questions

When did 406 Kensington Ln last sell?
406 Kensington Ln most recently sold on Aug 29, 2022 for $234,990.
What is the current tax assessment for 406 Kensington Ln?
The most recent total assessment for 406 Kensington Ln (year 2025) is $44,480 with $1,823 in property tax.
How does 406 Kensington Ln's assessment compare to its last sale price?
The current assessment is 81.1% below the last sale price of $234,990.
When was 406 Kensington Ln built?
406 Kensington Ln was built in 2022.
How does 406 Kensington Ln compare to others on Kensington Ln?
We track 8 other properties on Kensington Ln. Browse the list under "Other properties on Kensington Ln" to compare beds, baths, and sale history.
What are the property facts for 406 Kensington Ln?
406 Kensington Ln is a 3 bed, 2 bath, 1,416 sqft, 5,663 sqft lot single_family.
Is 406 Kensington Ln a flip candidate?
No — 406 Kensington Ln does not appear in our flips dataset.
Is 406 Kensington Ln a tax-appeal candidate?
No — 406 Kensington Ln 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
0.0%
Implied 1-yr
0.0%
2026 Q1
$216.1K
2026 Q2
$216K
ZIP 35906 — Median Price History + Forecast

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