New Listing in Rainbow City. Don't miss out on this 4 bedroom 2 1/2 baths home sitting on 10 +/- acres with small pond. Main level features large master bedroom and bath, living room and kitchen. Plus there's two large bonus rooms that would make a great mother in law suite. Upstairs you have 3 bedrooms and a full bath. There's a carport and barn/workshop with loft that has power. Home does need work. So bring your handyman and tools.
Pending
Price increase: $40K (12/1)
$199,900
298 Friendship Rd, Rainbow City, AL 35906
4beds
2,758sqft
Est.:
Single Family Residence
Built in 1994
10 Acres Lot
$160,000 Zestimate®
$72/sqft
$-- HOA
What's special
- 138 days |
- 221 |
- 5 |
Zillow last checked: 8 hours ago
Listing updated: January 24, 2026 at 05:55pm
Listed by:
Toni Davis 256-390-7772,
Southern Homes Real Estate
Source: GALMLS,MLS#: 21430837
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Rooms
- Room types: Bedroom, Bonus Room, Kitchen, Master Bedroom
Primary bedroom
- Level: First
- Area: 408
- Dimensions: 24 x 17
Bedroom 1
- Level: Second
- Area: 312
- Dimensions: 24 x 13
Bedroom 2
- Level: Second
- Area: 168
- Dimensions: 14 x 12
Bedroom 3
- Level: Second
- Area: 168
- Dimensions: 14 x 12
Kitchen
- Features: Laminate Counters
- Level: First
- Area: 204
- Dimensions: 17 x 12
Living room
- Level: First
- Area: 384
- Dimensions: 24 x 16
Basement
- Area: 0
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Stove-Electric, Tankless Water Heater
- Laundry: Electric Dryer Hookup, Washer Hookup, Main Level, Laundry Room, Laundry (ROOM), Yes
Features
- None, Tub/Shower Combo
- Flooring: Carpet, Laminate
- Basement: Crawl Space
- Attic: None
- Has fireplace: No
Interior area
- Total interior livable area: 2,758 sqft
- Finished area above ground: 2,758
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Driveway
- Carport spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One and One Half
- Stories: 1.5
- Patio & porch: Open (DECK), Deck
- Pool features: None
- Has view: Yes
- View description: None
- Waterfront features: No
Lot
- Size: 10 Acres
Details
- Additional structures: Barn(s)
- Parcel number: 1609290000006.000
- Special conditions: As Is
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
Condition
- Year built: 1994
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & HOA
Community
- Subdivision: Metes & Bounds
Location
- Region: Rainbow City
Financial & listing details
- Price per square foot: $72/sqft
- Tax assessed value: $259,800
- Annual tax amount: $1,017
- Price range: $199.9K - $199.9K
- Date on market: 9/10/2025
Estimated market value
$160,000
$152,000 - $168,000
$2,236/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/1/2025 | Pending sale | $199,900+25%$72/sqft |
Source:  GALMLS #21430837 Report a problem | ||
| 11/3/2025 | Contingent | $159,900$58/sqft |
Source:  ValleyMLS #21898706 Report a problem | ||
| 10/26/2025 | Price change | $159,900-5.9%$58/sqft |
Source: ValleyMLS #21898706 Report a problem | ||
| 10/4/2025 | Price change | $169,900-15%$62/sqft |
Source: ValleyMLS #21898706 Report a problem | ||
| 9/9/2025 | Listed for sale | $199,900+185.6%$72/sqft |
Source: ValleyMLS #21898706 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,017 | $26,000 |
| 2024 | $1,017 | $26,000 |
| 2023 | $1,017 +19.8% | $26,000 +18.7% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,104/mo
Principal & interest
$946
Property taxes
$88
Home insurance
$70
Climate risks
Neighborhood: 35906
Nearby schools
GreatSchools rating
- 10/10John S Jones Elementary SchoolGrades: PK-5Distance: 4.6 mi
- 5/10Rainbow Middle SchoolGrades: 6-8Distance: 4.4 mi
- 5/10Southside High SchoolGrades: PK,9-12Distance: 6.4 mi
Schools provided by the listing agent
- Elementary: John S Jones
- Middle: Rainbow
- High: Southside
Source: GALMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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