NOT LISTED FOR SALE

1200 Rainbow Rd SE Palm Bay, FL 32909

Estimated Value: $199,000 - $227,000

3 Beds
1 Bath
912 Sq Ft
$228/Sq Ft Est. Value

Last Sold May 28, 2014

Last sale price $59,000 $65 Per Sq Ft

Est. 253% increase in value since last sale

Current estimated payment $1,159/month

51 Days on Market

Highlights

  • Open Floorplan
  • No HOA
  • 1 Car Attached Garage
  • Corner Lot
  • Screened Porch
  • Breakfast Bar

About This Home

As of May 2014

Charming home on a large corner lot in SE Palm Bay! The home has a nice layout! The kitchen is open to a dining area with doors to the enclosed porch and the screened porch. Large screened porch overlooking the backyard and wooded area. Move right in!

Last Agent to Sell the Property

Patsy Klein

Real Estate Direct of Florida Listed on: 04/02/2014

Last Buyer's Agent

Wendy Caputo

Tropic Coast Realty License #3281146

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $177

Year Built

  • Built in 1981

Lot Details

  • 0.3 Acre Lot
  • Northeast Facing Home
  • Corner Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 912 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Screened Porch

Kitchen

  • Breakfast Bar
  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Shed

Schools

  • Columbia Elementary School
  • Southwest Middle School
  • Bayside High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Port Malabar Unit 16 Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 29-37-16-Gp-00755.0-0001.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$177

Year Built

Built in 1981

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1981
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Corner Lot
  • ResoSpecialListingConditions: Real Estate Owned
  • Subdivision Name: Port Malabar Unit 16
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • Location Tax and Legal Parcel Number2: 29-37-16-Gp-00755.0-0001.00
  • Location Tax and Legal Elementary School: Columbia
  • Location Tax and Legal Middle School2: Southwest
  • Location Tax and Legal High School: Bayside
  • Location Tax and Legal Tax Annual Amount: 177.03
  • Location Tax and Legal Tax Year2: 2013
  • General Property Information Living Area2: 912.0
  • General Property Information Lot Size Acres: 0.3
  • General Property Information Lot Size Square Feet2: 13254.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: Northeast
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Levels One: Yes
  • Roof:Shingle: Yes
  • Flooring Carpet: Yes
  • General Property Information Carport YN2: No
  • Other Structures Shed(s): Yes
  • General Property Information Lot Size Dimensions: 94.0 ft x 141.0 ft
  • Special Listing Conditions Real Estate Owned: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Open Floorplan
  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Electric Range, Electric Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.3
  • Waterfront: No
  • Construction Type: Frame, Wood Siding
  • Direction Faces: Northeast
  • Patio And Porch Features: Patio, Porch, Screened
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Lot Features:Corner Lot: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Southwest

Lot Info

  • Lot Dimensions: 94.0 ft x 141.0 ft
  • Lot Size Sq Ft: 13254.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2933366
  • Parcel #: 29-37-16-Gp-00755.0-0001.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 177.03

MLS Schools

  • Elementary School: Columbia
  • High School: Bayside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2014
Closed on
May 27, 2014
Sold by
U S Bank Trust National Association
Bought by
Collins Christopher Lawrence and Collins Shelley Marie
Seller's Agent
Patsy Klein
Real Estate Direct of Florida
Buyer's Agent
Wendy Caputo
Tropic Coast Realty
List Price
$59,900
Sold Price
$59,000
Premium/Discount to List
-$900
-1.5%
Current Estimated Value
$208,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,284
Avg. Annual Appreciation
11.77%

Purchase Details

Closed on
Dec 26, 2013
Sold by
Felber Vance and Robinson Felber Jennifer C
Bought by
U S Bank Trust National Association

Purchase Details

Closed on
Sep 29, 2003
Sold by
Gerhardt Gary Phillip and Clawson Elizabeth Ann
Bought by
Felber Vance and Robinson Felber Jennifer C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,758
Interest Rate
6.28%

Purchase Details

Closed on
Dec 27, 2001
Sold by
Gerhardt Gary Phillip
Bought by
Gerhardt Gary Phillip and Clawson Elizabeth Anne

Purchase Details

Closed on
Dec 16, 1999
Sold by
Gerhardt Gary P and Dubbin Brenda L
Bought by
Gerhardt Gary P
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
Collins Christopher Lawrence $59,000 Ganguzza Title & Escrow Inc
U S Bank Trust National Association $27,000 Attorney
Felber Vance $73,900 Title Security & Escrow Of C
Gerhardt Gary Phillip -- --
Gerhardt Gary P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Felber Vance $72,758
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2014 05/28/14 Sold $59,000 -1.5% $65 / Sq Ft
05/23/2014 05/23/14 Pending -- -- --
04/02/2014 04/02/14 For Sale $59,900 -- $66 / Sq Ft
Source: Space Coast MLS (Space 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
2025 $654 $68,270 -- --
2024 $646 $66,350 -- --
2023 $646 $64,420 $0 $0
2022 $623 $62,550 $0 $0
2021 $642 $60,730 $0 $0
2020 $636 $59,900 $0 $0
2019 $752 $58,560 $0 $0
2018 $747 $57,470 $0 $0
2017 $769 $56,290 $0 $0
2016 $655 $55,140 $4,500 $50,640
2015 $1,118 $46,750 $3,700 $43,050
2014 $1,034 $42,280 $4,500 $37,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 693311

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 29-37-16-GP-00755.0-0001.00