NOT LISTED FOR SALE

1018 Rainbow Ave Pensacola, FL 32505

Estimated Value: $195,000 - $208,454

3 Beds
2 Baths
1,160 Sq Ft
$174/Sq Ft Est. Value

Last Sold April 26, 2021

Last sale price $135,000 $116 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,230/month

13 Days on Market

Highlights

  • Updated Kitchen
  • Wood Flooring
  • Interior Lot
  • Pensacola High School Rated A-
  • No HOA
  • Central Air

About This Home

As of April 2021

This great brick home with 3 bedrooms, 2 baths is sitting on 0.29 acres lot. As you enter the house, you see the living room with a fireplace, and it opens to the dining room. The kitchen has new flooring, has been freshly painted and it is equipped with a smooth top stove, dishwasher, double door fridge and it has a pantry. On the right side of the home, you will find the master bedroom with a full bathroom and the two spare bedrooms that share the hallway second bathroom. No carpet in this house. The Garage is a truly 2-full car garage (about 650sqft) with 2 doors and the backyard is fenced in. The roof will be replaced before closing with acceptable offer or the funds can be escrowed to be replaced after closing. The location is great, convenient to the NAS, interstate, restaurants, shopping and about 45 min to Pensacola beach. Call to make your appointment today- it was coming soon- active on 3/10.

Last Agent to Sell the Property

SANDRA SEYMOUR

Coldwell Banker Realty Listed on: 02/09/2021

Coldwell Banker Realty

Last Buyer's Agent

Myles Reeves

Better Homes And Gardens Real Estate Main Street Properties

Better Homes And Gardens Real Estate Main Street Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,057

Year Built

  • Built in 1963

Lot Details

  • 0.29 Acre Lot
  • Interior Lot

Parking

  • 2 Car Garage

Home Design

  • Hip Roof Shape
  • Gable Roof Shape
  • Brick Exterior Construction
  • Off Grade Structure
  • Frame Construction
  • Floor Insulation

Interior Spaces

  • 1,160 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Combination Kitchen and Dining Room
  • Fire and Smoke Detector

Kitchen

  • Updated Kitchen
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Brentwood Elementary School
  • Bellview Middle School
  • Pensacola High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Crescent Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 441S301000009018

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,057

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Stories: 1
  • Parcel Number: 441S301000009018
  • Property Type: Residential
  • Year Built: 1963
  • Electric: Circuit Breakers
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.29
  • Subdivision Name: Crescent Lake
  • Directions: From W street and Beverlt Parkway, go west on Beverly Parkway to right on Fairway, right on Rainbow Ave. house on the left.
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Efficiency: Insulated Floors
  • Property Attached Yn: No
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater, Dishwasher, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Hardwood, Vinyl
  • Living Area: 1160
  • Bedroom/Bathroom Features: Not Updated
  • Dining Room Features: Kitchen/Dining Combo
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Master Bedroom Master Bedroom Width: 15
  • Room Kitchen Features: Updated
  • Room Master Bedroom Area: 150

Exterior Features

  • Roof: Gable, Hip
  • Lot Features: Interior Lot
  • Pool Features: None
  • Construction Type: Brick, Frame
  • Foundation Details: Off Grade
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Car Garage
  • Total Parking Spaces: 2

Utilities

  • Heating: Natural Gas
  • Cooling: Central Air, Ceiling Fan(s)
  • Sewer: Public Sewer
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: No

Schools

  • Elementary School: Brentwood
  • High School: Pensacola
  • Middle Or Junior School: Bellview

Lot Info

  • Lot Size Sq Ft: 12632.4
  • Zoning Description: Res Single
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2021
Closed on
Apr 26, 2021
Sold by
Velasco Remo Claudia
Bought by
Vierthaler Sarah Ruth
Seller's Agent
SANDRA SEYMOUR
Coldwell Banker Realty
Buyer's Agent
Myles Reeves
Better Homes And Gardens Real Estate Main Street Properties
List Price
$129,000
Sold Price
$135,000
Premium/Discount to List
$6,000
4.65%
Current Estimated Value
$201,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,364
Avg. Annual Appreciation
9.27%
Original Mortgage
$7,500
Outstanding Balance
$6,784
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$194,580

Purchase Details

Closed on
Jul 3, 2020
Sold by
Bell Andrea Nicole and Herring Nee
Bought by
Herring Tracy Michael

Purchase Details

Closed on
Jan 28, 2020
Sold by
Jacobian Steven Richard
Bought by
Velasco Romo Clavdia

Purchase Details

Listed on
Jan 31, 2014
Closed on
Aug 22, 2014
Sold by
Dunn Andrea Nicole and Estate Of Tracy V Herring
Bought by
Jacobian Steven Richard
Seller's Agent
ROBERT WADDELL
Waddell Realty, LLC
Buyer's Agent
LAURA GERI
Better Homes And Gardens Real Estate Main Street Properties
List Price
$65,000
Sold Price
$65,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.63%
Original Mortgage
$65,000
Interest Rate
4.2%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 19, 1999
Sold by
Schauer Paul J
Bought by
Herring Tracy V and Herring Brenda G

Purchase Details

Closed on
Nov 26, 1997
Sold by
Kilburn Marvin W and Kilburn Britta
Bought by
Schauer Paul J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,770
Interest Rate
7.38%
Mortgage Type
VA

Purchase Details

Closed on
Oct 31, 1995
Sold by
Platt John S and Platt Roxie L
Bought by
Kilburn Marvin W and Kilburn Britta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,107
Interest Rate
7.51%
Source: Public Records

Range of Values:

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Average Value
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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
Vierthaler Sarah Ruth $135,000 Clear Ttl Of Northwest Fl Ll
Herring Tracy Michael -- None Available
Velasco Romo Clavdia -- None Available
Jacobian Steven Richard $65,000 Clear Title Of Nw Fl Llc
Herring Tracy V $60,000 --
Schauer Paul J $63,500 --
Kilburn Marvin W $59,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vierthaler Sarah Ruth $7,500
Open Vierthaler Sarah Ruth $132,554
Previous Owner Jacobian Steven Richard $65,000
Previous Owner Schauer Paul J $64,770
Previous Owner Kilburn Marvin W $13,107
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/26/2021 04/26/21 Sold $135,000 0.0% $116 / Sq Ft
03/10/2021 03/10/21 Pending -- -- --
02/25/2021 02/25/21 Off Market $135,000 -- --
02/25/2021 02/25/21 For Sale $129,000 +98.5% $111 / Sq Ft
08/22/2014 08/22/14 Sold $65,000 0.0% $56 / Sq Ft View Prior Sale
07/02/2014 07/02/14 Pending -- -- --
01/23/2014 01/23/14 For Sale $65,000 -- $56 / Sq Ft
Source: Pensacola Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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
2024 $2,057 $160,538 $30,000 $130,538
2023 $2,057 $141,230 $0 $0
2022 $1,895 $128,391 $20,000 $108,391
2021 $1,546 $99,342 $0 $0
2020 $1,345 $86,253 $0 $0
2019 $1,331 $84,539 $0 $0
2018 $1,282 $79,322 $0 $0
2017 $1,223 $73,453 $0 $0
2016 $1,209 $71,496 $0 $0
2015 $1,163 $69,082 $0 $0
2014 $1,114 $65,815 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 584537

Pensacola Association of REALTORS®

APN: 44-1S-30-1000-009-018