$150,000
SOLD APR 23, 2018

1250 Rainbow Rd SE Palm Bay, FL 32909

3 Beds
2 Baths
1,560 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$96 Per Sq Ft

3% Below List Price

3 Days on Market

Highlights

  • Vaulted Ceiling
  • 2 Car Attached Garage
  • Breakfast Bar
  • No HOA
  • Dual Closets
  • Patio

About This Home

As of April 2018

Wonderful opportunity to turn this home into a gem! Home is only 10 years old and has so much potential for a family that doesn't mind some upgrades, or an investor! All the carpet has been removed, so a new flooring project has just been made simpler! Home is modern and has both a formal living room and open family room from kitchen view. With just a little work, this can be your dream come true! Home Warranty included!!

Last Agent to Sell the Property

Erika Brown

RE/MAX Elite License #3246641 Listed on: 03/16/2018

RE/MAX Elite

Co-Listed By

Cristina Babilonia

RE/MAX Elite License #3274318

Last Buyer's Agent

Wendy Fitzpatrick

Coconut Properties Fl Real Est License #3243728

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,569

Year Built

  • Built in 2007

Lot Details

  • 10,019 Sq Ft Lot
  • Northeast Facing Home
  • Wood Fence

Parking

  • 2 Car Attached Garage

Home Design

  • Fixer Upper
  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 1,560 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Family Room
  • Living Room
  • Breakfast Bar

Flooring

  • Concrete
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Aerobic Septic System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Port Malabar Unit 16 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 29-37-16-Gp-00755.0-0006.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,569

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2007
  • Reso Property Sub Type: Single Family Residence
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: reli0
  • Co List Office Phone: 321-752-5858
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Port Malabar Unit 16
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Reso Property Condition: Fixer
  • Location Tax and Legal Parcel Number2: 29-37-16-Gp-00755.0-0006.00
  • 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: 2569.17
  • Location Tax and Legal Tax Year2: 2017
  • General Property Information Living Area2: 1560.0
  • General Property Information Building Area Total3: 1960.0
  • General Property Information Lot Size Acres: 0.23
  • General Property Information Lot Size Square Feet2: 10019.0
  • 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
  • Cooling:Electric: Yes
  • Fencing Fenced2: Yes
  • Fencing Wood2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Levels One: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Utilities Cable Available: Yes
  • General Property Information Carport YN2: No
  • Room Types Family Room: Yes
  • Room Types Living Room: Yes
  • Flooring Concrete: Yes
  • Flooring Vinyl: Yes
  • Sewer Aerobic Septic: Yes
  • Property Condition Fixer: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), His and Hers Closets, Pantry, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Concrete, Vinyl
  • Appliances: Dryer, Electric Water Heater, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: Other
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:His and Hers Closets: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Fencing: Fenced, Wood
  • Acres: 0.23
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: Northeast
  • Patio And Porch Features: Patio
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes
  • Heating:Electric3: 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 Size Sq Ft: 10019.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2933371
  • Parcel #: 29-37-16-Gp-00755.0-0006.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2569.17

MLS Schools

  • Elementary School: Columbia
  • High School: Bayside

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
$292,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,141
Avg. Annual Appreciation
9.73%
Original Mortgage
$127,500
Outstanding Balance
$111,044
Interest Rate
4.44%
Estimated Equity
$183,916

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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $150,000 Prestige Title Of Brevard Ll
Warranty Deed $156,900 Adams Title Inc
Warranty Deed $30,000 Adams Title Inc
Warranty Deed $1,800 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $127,500 No Value Available
Previous Owner $145,107 FHA
Previous Owner $154,475 No Value Available
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 -- --
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
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

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Map

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

MLS Number: 808010

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 29-37-16-GP-00755.0-0006.00