600 Palace Ave, Rainbow City, AL, 35906
About This Home
This cute 2 bed/1 bath basement bungalow has a basement bonus room that could be converted to bedroom. Basement is heated and cooled and has plenty of storage as well as a large laundry room. The outside of the home has been painted a contemporary black with cedar shutters and has two driveways. The hardwood floors have been sanded and refinished. Great location too!!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1958
Type & Style
- Home type: SingleFamily
- Architectural style: Craftsman
- Property subType: Single Family Residence
Interior
Basement
- Has basement: Yes
- Basement: Basement
Bedroom2
- Features: Wood Floor
- Level: First
- Area: 121
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Bonus Room
- Features: Unfinished
- Level: Basement
- Area: 121
Features
- Fireplace features: None
Heating & Cooling
- Heating features: Central 1
- Cooling features: Central 1
Interior Area
- Total interior livable area: 1,080 sqft
Kitchen
- Features: Vinyl
- Level: First
- Area: 156
Living Room
- Features: Ceiling Fan(s),Wood Floor
- Level: First
- Area: 204
Property
Details
- Parcel number: 1509294000032.000
Lot
- Lot size: 5,600 sqft
- Lot size dimensions: 40 x 140
Parking
- Parking features: Driveway-Concrete
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Tornado
- Inland Flooding
- Lightning
- Strong Wind
- Cold Wave
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters Across Alabama Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $682 | $8,184 |
| Home Insurance * | $108 | $1,296 |
| Property Taxes | $36 | $432 |
| Electricity | $240 | $2,881 |
| Total | $1,066 | $12,792 |
Income You'd Need if You Spent...
Alabama FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-11 | Contingent | $135,000 |
| 2026-04-18 | Price change | $135,000 |
| 2026-04-03 | Listed for sale | $140,000 |
| 2023-05-12 | Sold | $115,000 |
| 2023-04-02 | Pending sale | $99,900 |
| 2022-12-10 | Listed for sale | $99,900 |
| 2011-08-30 | Listing removed | $40,000 |
| 2011-06-19 | Price change | $40,000 |
| 2011-05-27 | Price change | $30,000 |
| 2011-03-11 | Price change | $40,000 |
| 2011-02-02 | Price change | $45,000 |
| 2010-12-17 | Listed for sale | $50,000 |
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