NOT LISTED FOR SALE

1064 SW Rainbow Ave Arcadia, FL 34266

Estimated Value: $130,000 - $223,000

3 Beds
1 Bath
1,225 Sq Ft
$141/Sq Ft Est. Value

Last Sold December 08, 2018

Last sale price $53,200 $43 Per Sq Ft

Est. 226% increase in value since last sale

Current estimated payment $997/month

Highlights

  • Wood Flooring
  • Enclosed Patio or Porch
  • Cooling System Mounted To A Wall/Window
  • No HOA
  • Walk-In Closet
  • Laundry Room

About This Home

As of December 2018

3/1 in locate in Golden Melody subdivision.

Last Agent to Sell the Property

Major Garvin

DAYTONA BEACH REALTY CORP License #3389663 Listed on: 10/31/2018

Last Buyer's Agent

Stellar Non-Member Agent

STELLAR NON-MEMBER OFFICE

STELLAR NON-MEMBER OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $752

Year Built

  • Built in 1975

Lot Details

  • 6,098 Sq Ft Lot
  • Fenced
  • Land Lease expires 12/1/18
  • Property is zoned RMF-6

Home Design

  • Slab Foundation

Interior Spaces

  • 1,225 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Fire and Smoke Detector
  • Cooktop

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry Located Outside

Outdoor Features

  • Enclosed Patio or Porch

Schools

  • Nocatee Elementary School
  • Desoto Middle School
  • Desoto County High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Golden Melody Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$752

Year Built

Built in 1975

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Other
  • Fireplace: No
  • Living Area: 1225
  • Lot Size Acres: 0.14
  • New Construction: No
  • Year Built: 1975
  • Building Area Total: 1404
  • Lot Size Sq Ft: 6098
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5744223&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5744223&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.96727
  • Price per Sq Ft: 43.43
  • Close to Original List Price Ratio: 0.96727
  • Ratio: Current Price\Building Area Total: 37.89
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate, Tile, Hardwood
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Walk-In Closet(s)
  • Appliances Included: Cooktop, Electric Water Heater, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Other Equipment: Satellite Dish
  • Window Features: Blinds
  • Room Count: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Fenced
  • Roof: Other
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Enclosed
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12027C0178C

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Electricity Connected, Public, Sewer Available, Sewer Connected, Water Available
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Central, Electric, Wall Units / Window Unit
  • Laundry Features: Laundry Room, Outside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: No

Schools

  • Elementary School: Nocatee Elementary School
  • High School: DeSoto County High School
  • Middle Or Junior School: DeSoto Middle School

Lot Info

  • Zoning: RMF-6
  • Parcel Number: 01-38-24-0174-00G0-0070
  • Additional Parcels: No
  • Flood Zone Code: X
  • Flood Zone Date: 2013-11-06
  • Land Lease Expiration Date: 2018-12-01
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Minimum Lease: 1-2 Years
  • Lease Restrictions Y N: No
  • Currency Monthly Rent Amt: 650

Tax Info

  • Tax Annual Amount: 752
  • Tax Block: G
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2018
Closed on
Dec 5, 2018
Sold by
Frazler Marzetta L and Donaldson Marzetta L
Bought by
Friend Alexandra Grace
Seller's Agent
Major Garvin
DAYTONA BEACH REALTY CORP
Buyer's Agent
Stellar Non-Member Agent
STELLAR NON-MEMBER OFFICE
List Price
$55,000
Sold Price
$53,200
Premium/Discount to List
-$1,800
-3.27%
Current Estimated Value
$173,290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,090
Avg. Annual Appreciation
17.72%
Original Mortgage
$55,555
Outstanding Balance
$48,945
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$124,345
Source: Public Records
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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
Friend Alexandra Grace $53,200 Arcadia Abstract & Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Friend Alexandra Grace $55,555
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2018 12/08/18 Sold $53,200 -3.3% $43 / Sq Ft
10/31/2018 10/31/18 Pending -- -- --
10/31/2018 10/31/18 For Sale $55,000 -- $45 / 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
2024 $1,263 $88,670 -- --
2023 $1,226 $86,087 $0 $0
2022 $1,185 $83,580 $0 $0
2021 $1,177 $81,146 $0 $0
2020 $1,161 $80,026 $0 $0
2019 $1,132 $78,227 $4,000 $74,227
2018 $819 $44,117 $0 $44,117
2017 $307 $43,210 $0 $43,210
2016 $743 $42,321 $0 $42,321
2015 $680 $42,027 $0 $42,027
2014 $623 $41,693 $0 $41,693
Source: Public Records

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Map

Source: Stellar MLS

MLS Number: O5744223

Stellar MLS

APN: 01-38-24-0174-00G0-0070

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