1362 Rainbow Rd SE Palm Bay, FL 32909
Estimated Value: $390,041 - $411,000
4
Beds
3
Baths
2,265
Sq Ft
$177/Sq Ft
Est. Value
Highlights
- New Construction
- No HOA
- Porch
- Open Floorplan
- Breakfast Area or Nook
- 2 Car Attached Garage
About This Home
As of August 2019''Christmas in July'' Incentive on this NEW HOME on slightly oversized City Water lot. Home now under construction with estimated completion July 2019'. This 2265 Sq. Ft. 4 bedroom, 3 bath home with Lanai is a very open floor plan just right for a growing family. Features include double pane ''Low E'' windows, 36'' cabinets with crown molding, Stainless Steel appliances, separate tub and shower in the master bath, 5 1/4'' base boards, R-30 insulation, pull down attic access stairway, Taexx pest prevention system, Moen bath and kitchen fixtures, and much more. Only $1,000 down initial deposit and full builder warranties. Builder will contribute to Closing Costs with the use of a preferred Lender.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $221
Year Built
- Built in 2019 | New Construction
Lot Details
- 10,454 Sq Ft Lot
- North Facing Home
Parking
- 2 Car Attached Garage
Home Design
- Shingle Roof
- Concrete Siding
- Block Exterior
- Asphalt
- Stucco
Interior Spaces
- 2,265 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Ceiling Fan
- Family Room
- Living Room
- Fire and Smoke Detector
- Laundry Room
Kitchen
- Breakfast Area or Nook
- Electric Range
- Microwave
- Ice Maker
- Dishwasher
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- 3 Full Bathrooms
- Separate Shower in Primary Bathroom
Outdoor Features
- Patio
- Porch
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
- Assessor Parcel Number 29-37-16-Gp-00755.0-0016.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 8, 2019
Closed on
Aug 16, 2019
Sold by
Adams Homes Of Northwest Florida Inc
Bought by
Avanzo Fred Nicholas D and Avanzo Orlis D
Seller's Agent
Kristi Worley
Adams Homes Realty, Inc.
Buyer's Agent
Lynda Popovich
Adams Homes Realty, Inc.
List Price
$254,900
Sold Price
$251,400
Premium/Discount to List
-$3,500
-1.37%
Total Days on Market
165
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
$149,110
Avg. Annual Appreciation
8.64%
Original Mortgage
$246,846
Outstanding Balance
$224,220
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$182,066
Purchase Details
Listed on
Sep 26, 2017
Closed on
Dec 14, 2017
Sold by
Landin Donald and Landin Lynda
Bought by
Adams Homes Of Northwest Florida Inc
Seller's Agent
Lynda Landin
Collins And Assoc. R.E.
Buyer's Agent
Non-Member Non-Member Out Of Area
Non-MLS or Out of Area
List Price
$12,000
Sold Price
$10,000
Premium/Discount to List
-$2,000
-16.67%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
589.51%
Purchase Details
Closed on
Apr 20, 2007
Sold by
Gardiner Scott and Gardiner Shawna
Bought by
Landin Donald and Landin Lynda
Purchase Details
Closed on
Jul 8, 2005
Sold by
Williams John G
Bought by
Gardiner Scott and Gardiner Shawna
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,500
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage
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
Similar Homes in Palm Bay, FL
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Avanzo Fred Nicholas D | $251,400 | Mosley & Wallis Ttl Svcs Inc | |
| Adams Homes Of Northwest Florida Inc | $10,000 | Attorney | |
| Landin Donald | -- | None Available | |
| Gardiner Scott | $25,000 | State Title Partners Llp |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Avanzo Fred Nicholas D | $246,846 | |
| Previous Owner | Adams Homes Of Northwest Florida Inc | $15,000,000 | |
| Previous Owner | Gardiner Scott | $22,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/16/2019 08/16/19 | Sold | $251,400 | -1.4% | $111 / Sq Ft |
| 07/18/2019 07/18/19 | Pending | -- | -- | -- |
| 07/08/2019 07/08/19 | Price Changed | $254,900 | 0.0% | $113 / Sq Ft |
| 07/08/2019 07/08/19 | For Sale | $254,900 | +1.2% | $113 / Sq Ft |
| 05/31/2019 05/31/19 | Pending | -- | -- | -- |
| 05/25/2019 05/25/19 | Price Changed | $251,900 | 0.0% | $111 / Sq Ft |
| 05/25/2019 05/25/19 | For Sale | $251,900 | +2.4% | $111 / Sq Ft |
| 03/25/2019 03/25/19 | Pending | -- | -- | -- |
| 02/03/2019 02/03/19 | For Sale | $245,900 | +2359.0% | $109 / Sq Ft |
| 12/14/2017 12/14/17 | Sold | $10,000 | -16.7% | -- |
| 11/07/2017 11/07/17 | Pending | -- | -- | -- |
| 09/26/2017 09/26/17 | For Sale | $12,000 | -- | -- |
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 |
|---|---|---|---|---|
| 2023 | $3,627 | $232,600 | $0 | $0 |
| 2022 | $3,507 | $225,830 | $0 | $0 |
| 2021 | $3,597 | $219,260 | $0 | $0 |
| 2020 | $3,528 | $216,240 | $11,000 | $205,240 |
| 2019 | $306 | $10,000 | $10,000 | $0 |
| 2018 | $221 | $7,200 | $7,200 | $0 |
| 2017 | $180 | $1,400 | $0 | $0 |
| 2016 | $111 | $4,500 | $4,500 | $0 |
| 2015 | $101 | $3,700 | $3,700 | $0 |
| 2014 | $103 | $4,500 | $4,500 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kristi Worley
K
Seller's Agent in 2019
Kristi Worley
Adams Homes Realty, Inc.
(321) 960-5444
63 in this area
476 Total Sales
-
L
Seller Co-Listing Agent in 2019
Lynda Popovich
Adams Homes Realty, Inc.
-
L
Seller's Agent in 2017
Lynda Landin
Collins And Assoc. R.E.
-
N
Buyer's Agent in 2017
Non-Member Non-Member Out Of Area
Non-MLS or Out of Area
Map
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 835984
APN: 29-37-16-GP-00755.0-0016.00
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Information is deemed reliable but not guaranteed.
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