NOT LISTED FOR SALE

114 Rainbow Dr NW Fort Walton Beach, FL 32548

Estimated Value: $469,000 - $650,000

4 Beds
2 Baths
2,403 Sq Ft
$225/Sq Ft Est. Value

Last Sold May 09, 2015

Last sale price $289,900 $121 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $3,218/month

130 Days on Market

Highlights

  • Vaulted Ceiling
  • Traditional Architecture
  • Great Room
  • Fort Walton Beach High School Rated A
  • Wood Flooring
  • Covered patio or porch

About This Home

As of May 2015

Older all block home with tons of potential... 3 Bd / 1 Ba with a few updates including laminate flooring. Large fenced back yard with back deck. With a little TLC, home is great opportunity for starter home or rental investment opportunity. Property was built prior to 1978 and lead-based paint potentially exists. Prior to seller receipt & approval of the full title package from foreclosure, title to the Property will be conveyed by a quit claim deed.

Last Agent to Sell the Property

Johnnette Acree

Coldwell Banker Realty License #646100 Listed on: 11/07/2014

Coldwell Banker Realty

Last Buyer's Agent

Sarah Crews

ERA American Real Estate License #702783

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,112

Year Built

  • Built in 2015 | Under Construction

Lot Details

  • Lot Dimensions are 75x120
  • Property is Fully Fenced
  • Privacy Fence
  • Sprinkler System
  • Lawn Pump

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener

Home Design

  • Traditional Architecture
  • Exterior Columns
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Ridge Vents on the Roof
  • Composition Shingle Roof
  • Vinyl Trim

Interior Spaces

  • 2,403 Sq Ft Home
  • 1-Story Property
  • Shelving
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Insulated Doors
  • Great Room
  • Dining Room
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Induction Cooktop
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Cultured Marble Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Garden Bath

Laundry

  • Laundry Room
  • Exterior Washer Dryer Hookup

Schools

  • Elliott Point Elementary School
  • Bruner Middle School
  • Fort Walton Beach High School

Utilities

  • Cooling Available
  • Central Heating
  • Air Source Heat Pump
  • Electric Water Heater

Additional Features

  • Energy-Efficient Doors
  • Covered patio or porch

Community Details

  • Bel Air S/D Subdivision

Listing and Financial Details

  • Flooring Allowance
  • Assessor Parcel Number 11-2S-24-0200-0008-0070

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,112

Year Built

Built in 2015 | Under Construction

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 75x120
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: BEL-AIR S/D
  • Directions: From Hollywood turn north on Robinwood, turn left on Tulu and right on Rainbow, home on the left. From Beal Parkway turn south on Baker, left on Moriarty, right on Hummingbird, left on Rainbow and home is around the curve on the right.
  • Architectural Style: Traditional
  • New Construction: No
  • Efficiency: Doors
  • Building Stories: 1
  • Year Built: 2015
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:Double Pane Windows: Yes
  • Energy:Heat Pump Air To Air: Yes
  • Energy:Insulated Doors: Yes
  • Rooms:Laundry2: Yes
  • Rooms:Great Room: Yes
  • Energy:Ridge Vent: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Freezer, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Smoke Detector, Smooth Stovetop Rnge, Stove/Oven Electric, Water Heater - Elect
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Floor Hardwood, Floor Tile, Floor WW Carpet New
  • Interior Amenities: Breakfast Bar, Ceiling Crwn Molding, Ceiling Raised, Floor Allowance, Lighting Recessed, Pantry, Shelving, Split Bedroom, Washer/Dryer Hookup
  • Window Features: Double Pane Windows
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Split Bedroom: Yes
  • Appliances:Smooth Stovetop Rnge: Yes
  • Mstr BdrmMstr Bath:MBath Cultured Mrble: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Appliances:Freezer: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Shelving: Yes
  • Interior:Floor WW Carpet New: Yes
  • Interior:Floor Allowance: Yes

Exterior Features

  • Fencing: Fenced Lot-All, Fenced Privacy
  • Lot Features: Survey Available, Within 1/2 Mile to Water
  • Construction Type: Brick, Frame, Trim Vinyl
  • Exterior Features: Columns, Lawn Pump, Sprinkler System
  • Foundation Details: Slab
  • Patio And Porch Features: Patio Covered, Porch
  • Property Condition: Under Construction
  • Lot Features:Within 12 Mile to Water: Yes
  • ConstructionSiding:Slab: Yes
  • Exterior:Porch: Yes
  • Lot Features:Survey Available: Yes
  • ConstructionSiding:Trim Vinyl: Yes
  • Construction Status:Under Construction: Yes
  • ConstructionSiding:Frame: Yes
  • Exterior:Patio Covered: Yes
  • Exterior:Lawn Pump: Yes
  • Exterior:Sprinkler System: Yes
  • Exterior:Fenced Privacy: Yes
  • ConstructionSiding:Brick: Yes
  • Exterior:Columns: Yes
  • ConstructionSiding:Roof Composite Shngl: Yes
  • Exterior:Fenced Lot-All: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage
  • Appliances:Auto Garage Door Opn: Yes
  • Rooms:Garage5: Yes
  • Parking Features:Garage3: Yes

Utilities

  • Cooling: Ceiling Fans
  • Cooling Y N: Yes
  • Heating: Heat Pump Air To Air, Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Public Water

Schools

  • Elementary School: Elliott Point
  • High School: Fort Walton Beach
  • Middle Or Junior School: Bruner

Lot Info

  • Parcel #: 11-2S-24-0200-0008-0070
  • Zoning: Resid Single Family

Tax Info

  • Tax Annual Amount: 1112.1
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2014
Closed on
May 8, 2015
Sold by
Tracy Acree Construction Inc
Bought by
Phan Tuyet T
Seller's Agent
Johnnette Acree
Coldwell Banker Realty
Buyer's Agent
Sarah Crews
ERA American Real Estate
List Price
$289,900
Sold Price
$289,900
Current Estimated Value
$532,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,915
Avg. Annual Appreciation
6.27%
Original Mortgage
$280,224
Outstanding Balance
$217,592
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$323,194

Purchase Details

Listed on
Jun 20, 2014
Closed on
Sep 9, 2014
Sold by
The Secretary Of Veterans Affairs
Bought by
Tracy Acree Construction Inc
Seller's Agent
David Connart
LPT Realty LLC
Buyer's Agent
David Connart
East Pass Realty Inc
List Price
$53,000
Sold Price
$53,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1265.66%

Purchase Details

Closed on
May 20, 2014
Sold by
Jones Luther
Bought by
The Bank Of New York Mellon and The Bank Of New York
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
Phan Tuyet T $289,900 Fatico
Tracy Acree Construction Inc $53,000 Attorney
The Bank Of New York Mellon $74,437 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phan Tuyet Thi $75,000
Open Phan Tuyet T $280,224
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2020 04/13/20 Off Market $53,000 -- --
05/09/2015 05/09/15 Sold $289,900 0.0% $121 / Sq Ft
03/17/2015 03/17/15 Pending -- -- --
11/07/2014 11/07/14 For Sale $289,900 +447.0% $121 / Sq Ft
09/12/2014 09/12/14 Sold $53,000 0.0% $53 / Sq Ft
06/30/2014 06/30/14 Pending -- -- --
06/20/2014 06/20/14 For Sale $53,000 -- $53 / Sq Ft
Source: Emerald Coast 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 $3,614 $308,391 -- --
2023 $3,614 $299,409 $0 $0
2022 $3,699 $290,688 $0 $0
2021 $3,748 $282,221 $0 $0
2020 $3,707 $278,324 $0 $0
2019 $3,644 $272,066 $0 $0
2018 $3,630 $266,993 $0 $0
2017 $3,596 $261,501 $0 $0
2016 $4,030 $249,631 $0 $0
2015 $536 $32,450 $0 $0
2014 $1,197 $71,740 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Johnnette Acree

    Seller's Agent in 2015

    Johnnette Acree

    Coldwell Banker Realty

    (850) 865-8216

    11 in this area

    93 Total Sales

    Section Image

  • S

    Buyer's Agent in 2015

    Sarah Crews

    ERA American Real Estate

  • David Connart

    Seller's Agent in 2014

    David Connart

    LPT Realty LLC

    (850) 424-3674

    1 in this area

    72 Total Sales

    Section Image

  • -

    Buyer's Agent in 2014

    - Ecn.rets.e2843

    ecn.rets.RETS_OFFICE

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 717569

Emerald Coast Association of REALTORS®

APN: 11-2S-24-0200-0008-0070

Florida Okaloosa County Fort Walton Beach 32548

114 Rainbow Dr NW, Fort Walton Beach, FL

This home is located at 114 Rainbow Dr NW, Fort Walton Beach, FL 32548 since 07 November 2014 and is currently estimated at $540,786, approximately $225 per square foot. This property was built in 2015. 114 Rainbow Dr NW is a home located in Okaloosa County with nearby schools including Elliott Point Elementary School, Max Bruner Junior Middle School, and Fort Walton Beach High School.

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.

Emerald Coast Association of REALTORS® 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.

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