NOT LISTED FOR SALE

1250 Rainbow Rd SE Palm Bay, FL 32909

Estimated Value: $268,000 - $310,000

3 Beds
2 Baths
1,560 Sq Ft
$186/Sq Ft Est. Value

Last Sold April 23, 2018

Last sale price $150,000 $96 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $1,958/month

About This Home

As of April 2018

Well maintained, beautiful 3 bedroom 2 bath with split bedroom plan in a quiet residential neighborhood. Kitchen has stainless steel appliances with an island and is open to the family room. Vinyl plank flooring throughout, washer and dryer, cathedral ceilings with open ledges in living and family rooms. Master bedroom has his and her closets. Large fenced back yard and 2 car garage with automatic garage door opener. Rent amount also includes the lawn care! Hurricane shutters too. Must have excellent credit (640 or better) and rental history as well as 3 times the rent amount in monthly income, no collections or bankruptcy, no pets, no smoking.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2018
Closed on
Apr 19, 2018
Sold by
Gatchel Grant D and Gatchel Kristine M
Bought by
Valdes Yenis and Valdes Arley
Seller's Agent
Erika Brown
RE/MAX Elite
Buyer's Agent
Wendy Fitzpatrick
Coconut Properties Fl Real Est
List Price
$155,000
Sold Price
$150,000
Premium/Discount to List
-$5,000
-3.23%
Current Estimated Value
$290,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,226
Avg. Annual Appreciation
9.71%
Original Mortgage
$127,500
Outstanding Balance
$111,044
Interest Rate
4.44%
Estimated Equity
$179,182

Purchase Details

Closed on
Jul 26, 2007
Sold by
Maronda Homes Inc Of Florida
Bought by
Gatchel Grant D and Gatchel Kristine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,475
Interest Rate
6.65%

Purchase Details

Closed on
Jan 3, 2005
Sold by
Husar Lucia M
Bought by
Maronda Homes Inc Of Florida

Purchase Details

Closed on
Dec 6, 1993
Sold by
Cristea Iuliana and Cristea Teodor
Bought by
Husar Lucia M
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Valdes Yenis $150,000 Prestige Title Of Brevard Ll
Gatchel Grant D $156,900 Adams Title Inc
Maronda Homes Inc Of Florida $30,000 Adams Title Inc
Husar Lucia M $1,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valdes Yenis $127,500
Previous Owner Gatchel Grant D $145,107
Previous Owner Gatchel Grant D $154,475
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2021 07/23/21 Rented $1,575 0.0% --
07/10/2021 07/10/21 Under Contract -- -- --
05/01/2021 05/01/21 For Rent $1,575 +5.0% --
02/01/2020 02/01/20 Rented $1,500 0.0% --
12/31/2019 12/31/19 Under Contract -- -- --
12/17/2019 12/17/19 For Rent $1,500 0.0% --
04/23/2018 04/23/18 Sold $150,000 -3.2% $96 / Sq Ft
03/19/2018 03/19/18 Pending -- -- --
03/15/2018 03/15/18 For Sale $155,000 0.0% $99 / Sq Ft
01/27/2012 01/27/12 Rented $850 -5.0% --
01/27/2012 01/27/12 Under Contract -- -- --
10/12/2011 10/12/11 For Rent $895 -- --

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
2023 $3,937 $228,750 $0 $0
2022 $3,582 $206,700 $0 $0
2021 $3,323 $162,840 $15,000 $147,840
2020 $3,066 $150,450 $11,000 $139,450
2019 $3,403 $154,060 $10,000 $144,060
2018 $2,740 $137,780 $7,200 $130,580
2017 $2,569 $121,080 $5,600 $115,480
2016 $2,259 $111,980 $4,500 $107,480
2015 $2,065 $86,850 $3,700 $83,150
2014 $1,915 $78,960 $4,500 $74,460
Source: Public Records

Agents Affiliated with this Home

  • Wendy Fitzpatrick

    Seller's Agent in 2021

    Wendy Fitzpatrick

    Coconut Properties Fl Real Est

    (321) 613-5950

    Section Image

  • K

    Buyer's Agent in 2021

    Kimberly Peace

    85 & Sunny Real Estate,PA

    (321) 254-1353

    1 in this area

    17 Total Sales

    Section Image
  • Erika Brown

    Seller's Agent in 2018

    Erika Brown

    RE/MAX

    (321) 223-0567

    11 in this area

    60 Total Sales

    Erika Brown
    Section Image
  • Cristina Babilonia

    Seller Co-Listing Agent in 2018

    Cristina Babilonia

    RE/MAX

    (321) 591-8237

    5 in this area

    66 Total Sales

    Cristina Babilonia
    Section Image

  • M

    Seller's Agent in 2012

    Michelle McCloud

    BHHS Florida Realty

See All Agents

Map

Florida Brevard County Palm Bay 32909

1250 Rainbow Rd SE, Palm Bay, FL

This home is located at 1250 Rainbow Rd SE, Palm Bay, FL 32909 and is currently estimated at $290,226, approximately $186 per square foot. 1250 Rainbow Rd SE is a home located in Brevard County with nearby schools including Columbia Elementary School, Southwest Middle School, and Bayside 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.

Nearby Homes