NOT LISTED FOR SALE

1013 Rainbow Dr Orlando, FL 32809

Lake Conway Neighborhood

Estimated Value: $416,561 - $561,000

4 Beds
4 Baths
2,141 Sq Ft
$220/Sq Ft Est. Value

Last Sold January 05, 2018

Last sale price $240,000 $112 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $3,000/month

1 Day on Market

Highlights

  • Property is near public transit
  • Attic
  • No HOA
  • Ranch Style House
  • L-Shaped Dining Room
  • 1 Car Attached Garage

About This Home

As of January 2018

Mirror image duplex each side with two bedrooms, two bathrooms, and a one car garage. Each side is presently occupied by tenants paying $950 each. All flooring is ceramic tile, each has refrigerator and range, each has washer and dryer hookups in the garage. Each has a small open patio in the back. There is a large expanse of lawn for the tenants to enjoy. This duplex is located in a small and special neighborhood just off Matchett Road. There is a mix of single family homes and duplexes and a small pond. It is close to a bus stop and just a little bit further to the Sandlake stop on the Sunrail line. Great location with easy access to downtown, Orlando International Airport, and the 528.

Last Agent to Sell the Property

Marilyn Singer

LIST RIGHT REALTY License #603246 Listed on: 10/23/2017

Last Buyer's Agent

Beth Park

CENTURY 21 CARIOTI License #3237444

CENTURY 21 CARIOTI

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,680

Year Built

  • Built in 1970

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 170x30x168x110x48
  • Southeast Facing Home
  • Level Lot
  • Irregular Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Duplex
  • Ranch Style House
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 2,141 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • L-Shaped Dining Room
  • Ceramic Tile Flooring
  • Range
  • Laundry in unit
  • Attic

Schools

  • Pershing Elementary School
  • Walker Middle School
  • Oak Ridge High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Additional Features

  • Patio
  • Property is near public transit

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Castle Place Subdivision

Building Details

  • Operating Expense $3,600
  • Gross Income $22,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,680

Year Built

Built in 1970

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Architectural Style: Ranch
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2141
  • Lot Size Acres: 0.36
  • New Construction: No
  • Year Built: 1970
  • Lease Term: Twenty Four Months
  • Lot Size Sq Ft: 15614
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • RATIO Current Price By Calculate: 112.10
  • Total Acreage: 1/4 Acre to 21779 Sq. Ft.
  • Water Access YN: 0
  • Tax Year: 2016
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Interior Amenities: Attic, Ceiling Fans(s), L Dining
  • Appliances Included: Electric Water Heater, Range, Refrigerator
  • Levels: One
  • Window Features: Blinds
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Attic

Exterior Features

  • Direction Faces: Southeast
  • Exterior Features: Sliding Doors
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Patio
  • Disclosures: Lead Paint
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12095C0430F

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

  • Utilities: Cable Available, Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Association: No
  • Senior Community: No
  • Association Fee Requirement: None

Schools

  • Elementary School: Pershing Elem
  • High School: Oak Ridge High
  • Middle Or Junior School: Walker Middle

Lot Info

  • Zoning: R-2
  • Parcel Number: 25-23-29-1223-01-100
  • Additional Parcels: No
  • Lot Features: In County, Irregular Lot, Level, Near Public Transit, Sidewalk, Paved
  • Lot Dimensions: 170x30x168x110x48
  • Flood Zone Code: X

Rental Info

  • Total Actual Rent: 1900

Multi Family

  • Gross Income: 22800
  • Number Of Units Total: 2
  • Total Num Buildings: 1
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 2680
  • Tax Block: A
  • Tax Book Number: 3-13
  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2017
Closed on
Jan 5, 2018
Sold by
Ostrom Betty J
Bought by
Park Herman D and Park Dorothy E
Seller's Agent
Marilyn Singer
LIST RIGHT REALTY
Buyer's Agent
Beth Park
CENTURY 21 CARIOTI
List Price
$230,000
Sold Price
$240,000
Premium/Discount to List
$10,000
4.35%
Current Estimated Value
$470,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,890
Avg. Annual Appreciation
8.72%

Purchase Details

Listed on
Oct 23, 2017
Closed on
Dec 14, 2017
Sold by
Ostrom Betty J
Bought by
Ostrom Betty J
Seller's Agent
Marilyn Singer
LIST RIGHT REALTY
Buyer's Agent
Beth Park
CENTURY 21 CARIOTI
List Price
$230,000
Sold Price
$240,000
Premium/Discount to List
$10,000
4.35%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
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
Park Herman D $240,000 Bright Title & Trust Llc
Ostrom Betty J -- Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2018 04/07/18 Off Market $240,000 -- --
01/05/2018 01/05/18 Sold $240,000 +4.3% $112 / Sq Ft
10/25/2017 10/25/17 Pending -- -- --
10/23/2017 10/23/17 For Sale $230,000 -- $107 / Sq Ft
Source: Stellar MLS

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
2025 $6,620 $403,591 -- --
2024 $5,695 $366,901 -- --
2023 $5,695 $361,281 $145,000 $216,281
2022 $4,949 $292,093 $138,000 $154,093
2021 $4,506 $251,334 $115,000 $136,334
2020 $4,034 $233,671 $95,000 $138,671
2019 $3,857 $207,105 $90,000 $117,105
2018 $3,200 $164,932 $70,000 $94,932
2017 $2,872 $153,496 $60,000 $93,496
2016 $2,680 $141,697 $50,000 $91,697
2015 $2,583 $135,407 $50,000 $85,407
2014 $2,391 $111,567 $50,000 $61,567
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Marilyn Singer

    LIST RIGHT REALTY

    (407) 694-7001

    7 in this area

    46 Total Sales

    Marilyn Singer
    Section Image
  • Beth Park

    Buyer's Agent in 2018

    Beth Park

    CENTURY 21 CARIOTI

    (407) 267-8834

    7 Total Sales

    Beth Park
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: O5543059

Stellar MLS

APN: 25-2329-1223-01-100

Florida Orange County Orlando 32809 Lake Conway

1013 Rainbow Dr, Orlando, FL

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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