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Single Family ResidenceResidential
$144,962$118 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 68How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Oct 21, 2026
Last sold for $75,000 on Jun 1, 2017

506 PALACE AVE

RAINBOW CITY, AL 35906
3
Beds
3
Baths
1,232 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.39 ac
Lot SizeThe size of the land the home sits on, from county records.
1979
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
7
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$145K
$99K low$191K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$75,000 · Jun 1, 2017

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$836 (2026)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$22,460 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$4,700
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$17,760
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$22,460
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$112,300

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyETOWAH
Lot (acres)The size of the land the home sits on, from county records.0.39
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.Block (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Shingle
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
CoolingThe type of cooling or air conditioning in the home.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
John S. Jones Elementary SchoolA
Elementary · Grades PK–5 · 2.1 mi
M
Rainbow Middle SchoolB
Middle · Grades 6–8 · 2.1 mi
H
Southside High SchoolC-
High · Grades 9–12 · 2.6 mi

District: Etowah County School District

Neighborhood · ZIP 35906These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.79
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.86
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.78

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.92%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.18%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.7.5%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.8%
PopulationHow many people live in this area.9,655
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.249 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$74,966
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$88,169
Average tempThe average temperature here across a full year.61°F
Annual precipHow much rain and melted snow falls here in a typical year.56 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

506 Palace Ave measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 91% of homes in Rainbow City 35906
  • Costs less per square foot than 72% of homes in Rainbow City 35906
  • Smaller than 88% of homes in Rainbow City 35906

What homes are worth in Rainbow City 35906

Each bar is how many homes fall in that price range. The marker is this home.

This home
$98K$636K

This home is worth more than 9% of homes in Rainbow City 35906.

How it measures up in Rainbow City 35906

The dot is this home. The mark in the middle is the typical home in Rainbow City 35906.

Estimated value$144,962
CheaperTypical $248,465Pricier

Pricier than 9% of homes nearby

Price per ft²$118
CheaperTypical $137Pricier

Pricier than 28% of homes nearby

Living area1,232 ft²
SmallerTypical 1,819 ft²Bigger

Bigger than 12% of homes nearby

Lot size0.39 ac
SmallerTypical 0.47 acBigger

Bigger than 36% of homes nearby

Year built1979
OlderTypical 1981Newer

Newer than 48% of homes nearby

How 506 Palace Ave ranks against every home in each area.
MeasureThis homeRainbow City 35906Etowah County
Estimated valuepricier than$144,9629% of homes39% of homes
Price per ft²pricier than$11828% of homes55% of homes
Living areabigger than1,232 ft²12% of homes26% of homes
Lot sizebigger than0.39 ac36% of homes38% of homes
Year builtnewer than197948% of homes64% of homes

About 506 Palace Ave

How much is 506 Palace Ave, Rainbow City, AL worth?

The TopHap Estimate for 506 Palace Ave, Rainbow City, AL is $144,962 as of Oct 21, 2026. The likely range is $99,120 to $190,804. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 506 Palace Ave, Rainbow City, AL last sell?

506 Palace Ave, Rainbow City, AL last sold on Jun 1, 2017 for $75,000, according to the county's recorded deed.

How big is 506 Palace Ave, Rainbow City, AL?

506 Palace Ave, Rainbow City, AL has 3 bedrooms, 3 bathrooms, 1,232 square feet of living space and a 0.39-acre lot.

When was 506 Palace Ave, Rainbow City, AL built?

506 Palace Ave, Rainbow City, AL was built in 1979, making it 47 years old. The building has 1 story.

What schools serve 506 Palace Ave, Rainbow City, AL?

506 Palace Ave, Rainbow City, AL is assigned to John S. Jones Elementary School (elementary), rated A; Rainbow Middle School (middle), rated B; Southside High School (high), rated C-. All sit in Etowah County School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 506 Palace Ave, Rainbow City, AL compare to other homes in Rainbow City 35906?

Among the 3,662 homes in Rainbow City 35906, it is worth more than 9% of them ($144,962 against a typical $248,465), its price per square foot is higher than 28% of them ($118 against a typical $137), it is bigger than 12% of them (1,232 ft² against a typical 1,819 ft²), its lot is bigger than 36% of them (0.39 ac against a typical 0.47 ac) and it is newer than 48% of them (1979 against a typical 1981). Measured against all of Etowah County, it is worth more than 39% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 506 Palace Ave, Rainbow City, AL?

The 2026 property tax bill for 506 Palace Ave, Rainbow City, AL was $836. The county assessed it at $22,460.

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Assigned schools

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