Seller's Agent in 2024
Joel Drapeau
Compass Florida LLC
(321) 446-2238
2 in this area
87 Total Sales
113 Rainbow St Merritt Island, FL 32952
Estimated Value: $677,000 - $977,000
4
Beds
3.5
Baths
3,098
Sq Ft
$277/Sq Ft
Est. Value
Highlights
- Heated In Ground Pool
- Vaulted Ceiling
- Screened Porch
- Tropical Elementary School Rated 9+
- Pool View
- 3 Car Attached Garage
About This Home
As of February 2024.Welcome to Paradise! This stunning 4-bedroom home offers 3098 sq. ft. of luxurious living space, designed for comfort and style. Large kitchen is a chef's dream, ample counter space, and a cozy breakfast nook overlooking the lush backyard. The formal living room and dining room provide an elegant setting for entertaining, and a custom office space is perfect for those who work from home or simply need a quiet place to focus. The sparkling pool and spa are surrounded by tropical landscaping, creating a tranquil retreat. The wood-fired pizza oven is perfect for hosting al fresco gatherings. Explore the variety of fruit trees that adorn the property,3 car garage with electric vehicle charging. This home offers the perfect balance of tranquility and convenience.
Last Agent to Sell the Property
Compass Florida LLC License #3422598 Listed on: 12/01/2023
Last Buyer's Agent
Fred Ricketts
Dorado Coastal Properties, LLC License #3567020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,814
Year Built
- Built in 2002
Lot Details
- 0.36 Acre Lot
- North Facing Home
- Wood Fence
- Front and Back Yard Sprinklers
HOA Fees
- $42 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Electric Vehicle Home Charger
Home Design
- Tile Roof
- Concrete Siding
- Block Exterior
- Asphalt
- Stucco
Interior Spaces
- 3,098 Sq Ft Home
- 1-Story Property
- Wet Bar
- Vaulted Ceiling
- Ceiling Fan
- Screened Porch
- Pool Views
- Security System Owned
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Gas Range
- Microwave
- Ice Maker
- Kitchen Island
- Disposal
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
Laundry
- Dryer
- Washer
Pool
- Heated In Ground Pool
- In Ground Spa
- Waterfall Pool Feature
- Outdoor Shower
- Screen Enclosure
Outdoor Features
- Patio
Schools
- Tropical Elementary School
- Jefferson Middle School
- Merritt Island High School
Utilities
- Central Heating and Cooling System
- Well
- Electric Water Heater
- Septic Tank
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 25-37-30-28-0000b.0-0013.00
Community Details
Overview
- Tropical Paradise Subdivision Association
- Tropical Paradise Subdivision
- Maintained Community
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 1, 2023
Closed on
Jan 29, 2024
Sold by
Saville Roland A and Saville Maria Tania
Bought by
Ricketts Frederick Robert and Ricketts Maria Cecilia
Seller's Agent
Joel Drapeau
Compass Florida LLC
Buyer's Agent
Fred Ricketts
Dorado Coastal Properties, LLC
List Price
$869,000
Sold Price
$824,500
Premium/Discount to List
-$44,500
-5.12%
Views
51
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,935
Avg. Annual Appreciation
2.53%
Purchase Details
Listed on
Oct 23, 2019
Closed on
Feb 10, 2020
Sold by
Monkress Phillip
Bought by
Saville Ronald A and Mello Maria Tania
Seller's Agent
Julia Dreyer
Dreyer & Associates R.E. Grp.
Buyer's Agent
Luiz Santos
Dale Sorensen Real Estate Inc.
List Price
$649,000
Sold Price
$603,000
Premium/Discount to List
-$46,000
-7.09%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.18%
Original Mortgage
$482,400
Interest Rate
3.72%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 27, 2007
Sold by
Monkress Kelli E
Bought by
Monkress Phillip
Purchase Details
Closed on
Jul 12, 2007
Sold by
Monkress Phillip D and Monkress Kelli E
Bought by
Kennedy Betty
Purchase Details
Closed on
Feb 27, 2003
Sold by
Calamari Brevard Inc
Bought by
Monkress Phillip and Monkress Kelli E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,500
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 7, 2002
Sold by
Charles Boyd Const Inc
Bought by
Schillinger Charles A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,200
Interest Rate
6.99%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ricketts Frederick Robert | $824,500 | Prestige Title Of Brevard | |
| Ricketts Frederick Robert | $824,500 | Prestige Title Of Brevard | |
| Saville Ronald A | $603,000 | Title Security & Escrow Of C | |
| Monkress Phillip | -- | None Available | |
| Kennedy Betty | $50,000 | Attorney | |
| Monkress Phillip | $445,000 | -- | |
| Calamari Brevard Inc | -- | -- | |
| Schillinger Charles A | $62,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Saville Ronald A | $482,400 | |
| Previous Owner | Calamari Brevard Inc | $400,500 | |
| Previous Owner | Schillinger Charles A | $306,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/01/2024 02/01/24 | Sold | $824,500 | -4.7% | $266 / Sq Ft |
| 01/18/2024 01/18/24 | Pending | -- | -- | -- |
| 12/20/2023 12/20/23 | Price Changed | $865,000 | -0.5% | $279 / Sq Ft |
| 12/01/2023 12/01/23 | For Sale | $869,000 | +44.1% | $281 / Sq Ft |
| 02/10/2020 02/10/20 | Sold | $603,000 | -7.1% | $195 / Sq Ft |
| 01/15/2020 01/15/20 | Pending | -- | -- | -- |
| 10/22/2019 10/22/19 | For Sale | $649,000 | -- | $209 / Sq Ft |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
Tax History Compared to Growth
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 | $9,814 | $703,760 | -- | -- |
| 2024 | $5,755 | $757,560 | -- | -- |
| 2023 | $5,755 | $442,290 | $0 | $0 |
| 2022 | $5,389 | $429,410 | $0 | $0 |
| 2021 | $5,671 | $416,910 | $0 | $0 |
| 2020 | $4,545 | $330,550 | $0 | $0 |
| 2019 | $4,508 | $323,120 | $0 | $0 |
| 2018 | $4,528 | $317,100 | $0 | $0 |
| 2017 | $4,585 | $310,580 | $0 | $0 |
| 2016 | $4,676 | $304,200 | $55,000 | $249,200 |
| 2015 | $4,825 | $302,090 | $50,000 | $252,090 |
| 2014 | $4,864 | $299,700 | $50,000 | $249,700 |
Source: Public Records
Agents Affiliated with this Home
-
Joel Drapeau
-
F
Buyer's Agent in 2024
Fred Ricketts
Dorado Coastal Properties, LLC
-
Julia Dreyer
J
Seller's Agent in 2020
Julia Dreyer
Dreyer & Associates R.E. Grp.
(321) 773-1480
27 in this area
53 Total Sales
-
Luiz Santos
Buyer's Agent in 2020
Luiz Santos
Dale Sorensen Real Estate Inc.
(321) 412-3363
3 in this area
11 Total Sales
Map
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 981379
APN: 25-37-30-28-0000B.0-0013.00
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