WELCOME HOME to this UPDATED, 6 bedroom retreat on 1.56 acres atop scenic Rainbow Mountain in MADISON CITY. Grand living room with a wall of windows, real hardwood floors, overlooking the trees and new deck. Well appointed eat-in kitchen, Primary bedroom on the main level with remodeled bathroom and large shower! 3 bedrooms upstairs, NO CARPET, all new hardwood flooring, walk in attic and lots of closets. WALK OUT BASEMENT with a 2nd KITCHEN, living room, 2 BEDROOMS, full bath, exercise room, and tons of storage areas. EV plug in the garage. ROOF 2020, gutters 2020, HVAC 2012,2020, Tankless H20 heater, exterior paint 2024. Walking trail at the end of the street and Rainbow Mnt. Park.
Sold for $764,000
$764,000
511 Rainbow Dr, Madison, AL 35758
6beds
5,081sqft
Single Family Residence
Built in 1987
1.56 Acres Lot
$767,300 Zestimate®
$150/sqft
$4,224 Estimated rent
Home value
$767,300
$698,000 - $844,000
$4,224/mo
Zestimate® history
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List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: July 23, 2025 at 02:05pm
Listed by:
Kathy Passon 256-509-9241,
Matt Curtis Real Estate, Inc.
Bought with:
Kathy Passon, 114115
Matt Curtis Real Estate, Inc.
Source: ValleyMLS,MLS#: 21886573
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Primary bedroom
- Features: Ceiling Fan(s), Wood Floor
- Level: First
- Area: 306
- Dimensions: 17 x 18
Bedroom
- Features: LVP
- Level: Basement
- Area: 323
- Dimensions: 17 x 19
Bedroom 2
- Features: Ceiling Fan(s), Wood Floor
- Level: Second
- Area: 187
- Dimensions: 11 x 17
Bedroom 3
- Features: Crown Molding, Wood Floor, Walk-In Closet(s)
- Level: Second
- Area: 208
- Dimensions: 13 x 16
Bedroom 4
- Features: Ceiling Fan(s), Wood Floor, Walk-In Closet(s)
- Level: Second
- Area: 221
- Dimensions: 13 x 17
Bedroom 5
- Features: Walk-In Closet(s), LVP
- Level: Basement
- Area: 225
- Dimensions: 15 x 15
Primary bathroom
- Features: Crown Molding, Double Vanity, Walk-In Closet(s), Walk in Closet 2
- Level: First
- Area: 240
- Dimensions: 15 x 16
Dining room
- Features: Wood Floor
- Level: First
- Area: 182
- Dimensions: 13 x 14
Kitchen
- Features: Eat-in Kitchen, Granite Counters, Kitchen Island, Pantry, Wood Floor
- Level: First
- Area: 320
- Dimensions: 16 x 20
Living room
- Features: 12’ Ceiling, Ceiling Fan(s), Crown Molding, Fireplace, Wood Floor
- Level: First
- Area: 558
- Dimensions: 18 x 31
Office
- Features: LVP Flooring
- Level: Basement
- Area: 252
- Dimensions: 12 x 21
Laundry room
- Features: Tile, Utility Sink
- Level: First
- Area: 96
- Dimensions: 8 x 12
Heating
- Central 2, Electric
Cooling
- Central 2, Electric
Appliances
- Included: Double Oven, Dishwasher, Tankless Water Heater, Gas Cooktop
Features
- Basement: Basement
- Number of fireplaces: 1
- Fireplace features: Gas Log, One
Interior area
- Total interior livable area: 5,081 sqft
Property
Parking
- Parking features: Garage-Two Car, Garage-Attached, Garage Door Opener, Garage Faces Side, Driveway-Concrete
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered Porch, Deck, Front Porch
Lot
- Size: 1.56 Acres
- Dimensions: 281 x 346 x 153 x 297
Details
- Parcel number: 1508270004048000
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1987
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Green energy
- Energy efficient items: Tank-less Water Heater
Community & neighborhood
Location
- Region: Madison
- Subdivision: Rainbow Mountain Heights
Price history
| Date | Event | Price |
|---|---|---|
| 9/2/2025 | Listing removed | $2,950$1/sqft |
Source: ValleyMLS #21895615 Report a problem | ||
| 8/28/2025 | Price change | $2,950-4.8%$1/sqft |
Source: ValleyMLS #21895615 Report a problem | ||
| 8/24/2025 | Price change | $3,100-6.1%$1/sqft |
Source: ValleyMLS #21895615 Report a problem | ||
| 8/1/2025 | Listed for rent | $3,300$1/sqft |
Source: ValleyMLS #21895615 Report a problem | ||
| 7/21/2025 | Sold | $764,000-4.5%$150/sqft |
Source:  ValleyMLS #21886573 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,488 +7% | $50,740 +6.9% |
| 2024 | $3,260 | $47,460 |
| 2023 | $3,260 +13.8% | $47,460 +13.6% |
Find assessor info on the county website
Neighborhood: 35758
Nearby schools
GreatSchools rating
- 10/10Rainbow Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 10/10Discovery Middle SchoolGrades: 6-8Distance: 1.1 mi
- 8/10Bob Jones High SchoolGrades: 9-12Distance: 2.2 mi
Schools provided by the listing agent
- Elementary: Rainbow Elementary
- Middle: Discovery
- High: Bob Jones
Source: ValleyMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$767,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$767,300
- Alabama
- Madison County
- Madison
- 35758
- 511 Rainbow Dr