NOT LISTED FOR SALE

6232 Rainbow Row Pell City, AL 35128

Estimated Value: $531,000 - $838,476

6 Beds
5 Baths
5,322 Sq Ft
$138/Sq Ft Est. Value

Last Sold May 30, 2023

Last sale price $758,000 $142 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $4,408/month

16 Days on Market

Highlights

  • 90 Feet of Waterfront
  • Safe Room
  • Lake View
  • Community Boat Launch
  • In Ground Pool
  • Clubhouse

About This Home

As of May 2023

You should come see this gorgeous 6-bedroom 3 story home with OVER 5,000 sq feet on Logan Martin Lake! If you are looking for year-round water, then this home is for you! The homeowners have made numerous upgrades and improvements for you, including interior painted 2023, floors re finished 2023, concrete pad addition 2021, fence added 2021, porch screened in 2020, exterior painted in 2020 and a Trex deck added in 2019! Say goodbye to gym memberships! This home has a massive workout room with all the space and outlets you could ever need for your Peloton or tvs! Also in the basement is a safe room large enough for all of your family and furry pets, for when Alabama weather is unpredictable. Enjoy access to the community pool at the private clubhouse. You get all of that plus 4th of July fireworks viewable from your back yard and summer concert series including Black Jacket Symphony! Don't miss out on this rare opportunity to own your dream home!

Last Listed By

Kimberly Wilson

Keller Williams Realty Vestavia Listed on: 04/14/2023

Keller Williams Realty Vestavia

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,700

Year Built

  • Built in 2012

Lot Details

  • 0.28 Acre Lot
  • 90 Feet of Waterfront
  • Fenced Yard

HOA Fees

  • $58 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage on Main Level
  • Front Facing Garage

Home Design

  • HardiePlank Siding

Interior Spaces

  • 2-Story Property
  • Crown Molding
  • Smooth Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Window Treatments
  • Great Room
  • Living Room with Fireplace
  • Dining Room
  • Screened Porch
  • Utility Room Floor Drain
  • Lake Views
  • Attic

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Built-In Microwave
  • Dishwasher
  • Stone Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 5 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom
  • Garden Bath
  • Separate Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Electric Dryer Hookup

Finished Basement

  • Basement Fills Entire Space Under The House
  • Bedroom in Basement
  • Natural lighting in basement

Home Security

  • Safe Room
  • Home Security System

Outdoor Features

  • In Ground Pool
  • Water Access
  • Swimming Allowed
  • Water Skiing Allowed
  • Covered Deck
  • Screened Deck
  • Patio

Schools

  • Coosa Valley Elementary School
  • Duran Middle School
  • Pell City High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 29-04-19-3-000-004.122

Community Details

Overview

  • Association fees include common grounds mntc, insurance-building, recreation facility, utilities for comm areas
  • $40 Other Monthly Fees
  • Sothern Property Mgt Association, Phone Number (205) 568-2533

Amenities

  • Clubhouse

Recreation

  • Community Boat Launch
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,700

Year Built

Built in 2012

Lot Details

0

HOA Fees

$58 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Access: Paved Road, Public Road
  • Down Payment Assistance: No
  • Living Area: 3182
  • Legal Description: The Horizons township: 17s/ Range 4E/ Legal Lot 103 The Horizons Sec 0
  • List Price per Sq Ft: 241.99
  • Number Levels: 2+ Story
  • Property Type: Single Family
  • Termite Company Name: Cooks
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Year Built: 2012
  • Price Per Sq Ft: 142.43
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2012

Interior Features

  • Interior Amenities: Safe Room/Storm Cellar, Security System
  • Fireplace Details: Gas Logs
  • Fireplace Location: Living Room (FIREPL)
  • Fireplace Type: Gas (FIREPL)
  • Floors: Carpet, Hardwood, Tile Floor
  • Number Fireplaces: 1
  • Windows Treatments: All
  • Bedroom/Bathroom Features: Garden Tub, Linen Closet, Separate Shower, Tub/Shower Combo, Walk-In Closets
  • Bedrooms: 6
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Concatenated Rooms: |Kitchen1|GreatRoom1|MasterBR1|MasterBath1|Bedroom1|Bedroom1|DiningRoom1|FullBath1|Bedroom2|Bedroom2|FullBath2|FullBath2|BedroomB|Laundry1|
  • Room 1: Kitchen, On Level: 1
  • Room 2: Great Room, On Level: 1
  • Room 3: Master Bedroom, On Level: 1
  • Room 4: Master Bath, On Level: 1
  • Room 5: Bedroom, On Level: 1
  • Room 6: Bedroom, On Level: 1
  • Room 7: Dining Room, On Level: 1
  • Room 8: Full Bath, On Level: 1
  • Room 9: Bedroom, On Level: 2
  • Room 10: Bedroom, On Level: 2
  • Room 11: Full Bath, On Level: 2
  • Room 12: Full Bath, On Level: 2
  • Room 13: Bedroom, On Level: B
  • Room 14: Laundry, On Level: 1
  • Basement Rooms: Bedroom (LVL BSMT)
  • Rooms Level 1: Bedroom (LVL 1), Dining Room (LVL 1), Full Bath (LVL 1), Great Room (LVL 1), Kitchen (LVL 1), Laundry (LVL 1), Master Bath (LVL 1), Master Bedroom (LVL 1)
  • Rooms Level 2 Plus: Bedroom (LVL 2+), Full Bath (LVL 2+)
  • Basement Style: Full Basement
  • Basement Style II: All Finished
  • Basement Style III: Daylight Basement
  • Kitchen Countertops: Stone (KIT)
  • Kitchen Equipment: Cooktop-Electric, Dishwasher Built-In, Microwave Built-In, Oven-Electric, Refrigerator
  • Kitchen Features: Breakfast Bar, Eating Area, Pantry
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Floor Drain, Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Room
  • Attic: Yes
  • Attic Type: Walk-In
  • Basement Finished Sq Ft: 2140
  • Main Level Sq Ft: 2088
  • Upper Level Sq Ft: 1094

Exterior Features

  • Patio: Yes
  • Waterfront Name: LOGAN MARTIN
  • Construction: Siding-Hardiplank
  • Decks: Yes
  • Decks Type: Covered (DECK), Open (DECK), Screened (DECK)
  • Exterior Features: Fenced Yard, Porch Screened
  • Foundation: Basement
  • Patio Type: Covered - (PATIO), Open (PATIO)
  • Pool: Yes
  • Pool Features: In-Ground
  • Pool: Community
  • Waterfront: Yes
  • Waterfront Frontage: 90
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Garage Entry Location: Front
  • Number Garage Spaces Main Lvl: 2
  • Number Total Garage Spaces: 2
  • Parking Features: Parking (MLVL)

Utilities

  • Heating: Central (HEAT)
  • Cooling: Central (COOL)
  • Sewer/Septic System: Connected
  • Underground Utils: Yes
  • Water: Public Water
  • HVAC Area: 5322

Condo/Co-op/Association

  • Amenities: Boat Launch, Boats-Motorized Allowed, Clubhouse, Skiing Allowed, Swimming Allowed, Water Access
  • Association Fee: Yes
  • Association Fee: 690
  • Association Fee Per: Yearly
  • HOA Management Company: Sothern Property Mgt
  • Hoa Phone: 205-568-2533

Fee Information

  • Fees Include: Common Grounds Mntc, Insurance-Building, Recreation Facility, Utilities for Comm Areas
  • Garbage Fee: Yes
  • Garbage Fee Amount: 40
  • Garbage Fee Per: Monthly

Schools

  • Elementary School: COOSA VALLEY
  • Middle School: DURAN
  • High School: PELL CITY

Lot Info

  • Assessor Parcel Number: 29-04-19-3-000-004.122
  • Lot Description: Acreage, Subdivision
  • Lot View: Yes
  • Lot View Type: Lake/Water View
  • Number Acres: 0.28

Green Features

  • Energy Green Features: Ceiling Fans

Tax Info

  • Tax District: PELL CITY
  • Annual Tax: 1700

MLS Schools

  • Elementary School: COOSA VALLEY
  • High School: PELL CITY
  • Jr Middle School: DURAN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2023
Closed on
May 30, 2023
Sold by
Rahim Fazal and Rahim Amber
Bought by
Ohlrich Richard and Ohlrich Tricia
Seller's Agent
Kimberly Wilson
Keller Williams Realty Vestavia
Buyer's Agent
Breanna Sexton
RE/MAX Advantage South
List Price
$770,000
Sold Price
$758,000
Premium/Discount to List
-$12,000
-1.56%
Total Days on Market
16
Views
29
Current Estimated Value
$734,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,631
Avg. Annual Appreciation
-1.64%
Original Mortgage
$662,342
Outstanding Balance
$649,469
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$84,900

Purchase Details

Listed on
Jun 4, 2016
Closed on
Jun 30, 2017
Sold by
Union State Bank
Bought by
Rahim Fazal
Seller's Agent
Jeffrey Jones
Fields Gossett Realty
Buyer's Agent
Jeffrey Jones
Fields Gossett Realty
List Price
$525,000
Sold Price
$440,000
Premium/Discount to List
-$85,000
-16.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.62%
Original Mortgage
$290,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2013
Sold by
Rusert Homes Llc
Bought by
Union State Bank

Purchase Details

Closed on
Oct 26, 2011
Sold by
Cove Properties Llc
Bought by
Rusert Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$449,000
Interest Rate
4.09%
Mortgage Type
Construction

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ohlrich Richard $758,000 None Listed On Document
Rahim Fazal $440,000 None Available
Union State Bank $510,000 None Available
Rusert Homes Llc $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ohlrich Richard $662,342
Previous Owner Rahim Fazal $290,000
Previous Owner Rusert Homes Llc $449,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2023 05/30/23 Sold $758,000 -1.6% $142 / Sq Ft
04/14/2023 04/14/23 For Sale $770,000 +75.0% $145 / Sq Ft
06/30/2017 06/30/17 Sold $440,000 0.0% $143 / Sq Ft
05/31/2017 05/31/17 Off Market $440,000 -- --
05/30/2017 05/30/17 Pending -- -- --
05/30/2017 05/30/17 Off Market $440,000 -- --
06/04/2016 06/04/16 For Sale $525,000 -- $171 / Sq Ft
Source: Greater Alabama MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,111 $154,104 $29,000 $125,104
2023 $3,512 $157,678 $29,000 $128,678
2022 $3,664 $90,549 $15,000 $75,549
2021 $2,617 $90,549 $15,000 $75,549
2020 $1,787 $50,963 $12,000 $38,963
2019 $1,847 $52,628 $14,000 $38,628
2018 $1,757 $48,800 $0 $0
2017 $3,789 $105,940 $0 $0
2016 $3,814 $105,940 $0 $0
2015 $3,789 $105,940 $0 $0
2014 $3,789 $105,260 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Greater Alabama MLS

MLS Number: 1351169

Greater Alabama MLS

APN: 29-04-19-3-000-004.122