NOT LISTED FOR SALE

1362 Rainbow Rd SE Palm Bay, FL 32909

Palm Bay Area

Estimated Value: $368,246 - $422,000

4 Beds
3 Baths
2,265 Sq Ft
$174/Sq Ft Est. Value

Sale Details

Date Sold: August 16, 2019

Last sale price $251,400 $111 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,461 / mo

165 Days on Market

Highlights

  • Built in 2019 | Newly Remodeled
  • 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.

Last Agent to Sell the Property

Kristi Worley

Adams Homes Realty, Inc. License #234388 Listed on: 07/08/2019

Co-Listed By

Lynda Popovich

Adams Homes Realty, Inc. License #706559

Last Buyer's Agent

Lynda Popovich

Adams Homes Realty, Inc. License #706559

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $221

Year Built

  • Built in 2019 | Newly Remodeled

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
  • Fire and Smoke Detector

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$221

Year Built

Built in 2019 | Newly Remodeled

Lot Details

10,454 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2019
  • Reso Property Sub Type: Single Family Residence
  • Road Surface Type: Asphalt
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Mls Id: 01351
  • Co List Office Phone: 321-751-1530
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Port Malabar Unit 16
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Open Floorplan, Pantry, Walk-In Closet(s), Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Breakfast Nook
  • Flooring: Carpet, Vinyl
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Ice Maker, Microwave
  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.24
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Patio And Porch Features: Patio, Porch

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Electricity Connected, Water Available
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Southwest

Lot Info

  • Lot Size Sq Ft: 10454.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 29-37-16-Gp-00755.0-0016.00

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 221.39

MLS Schools

  • Elementary School: Columbia
  • High School: Bayside

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2019
Closed on
Aug 16, 2019
Sold by
Bought by
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%
Current Estimated Value
$395,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,662
Avg. Annual Appreciation
6.71%
Original Mortgage
$246,846
Interest Rate
0.0462%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 26, 2017
Closed on
Dec 14, 2017
Sold by
Bought by
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
Bought by

Purchase Details

Closed on
Jul 8, 2005
Sold by
Bought by

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
0.0554%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$251,400 Mosley & Wallis Ttl Svcs Inc
$10,000 Attorney
-- None Available
$25,000 State Title Partners Llp
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $246,846
Previous Owner $15,000,000
Previous Owner $22,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
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% -- View Prior Sale
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,708 $246,510
2024 $3,627 $239,570
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

  • K

    Seller's Agent in 2019

    Kristi Worley

    Adams Homes Realty, Inc.

    (321) 960-5444

    582 Total Sales

    Kristi Worley
    Section Image

  • 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

See All Agents

Map

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

MLS Number: 835984

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 29-37-16-GP-00755.0-0016.00

Florida Brevard County Palm Bay 32909

1362 Rainbow Rd SE, Palm Bay, FL

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.

Space Coast MLS (Space 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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