$10,000
SOLD DEC 14, 2017

1362 Rainbow Rd SE Palm Bay, FL 32909

-- Bed
-- Bath
-- Sq Ft
10,454 Sq Ft Lot

Recently Sold

17% Below List Price

41 Days on Market

About This Home

As of August 2019

1362 RAINBOW ROAD SE. CITY WATER AVAILABLE, PMU 16/ Lot 16/ Block 755. Great investment property close to Bayside Lakes, Shopping, Restaurants, The Major's Golf Course & Eastern Florida State College.

Last Agent to Sell the Property

Lynda Landin

Collins And Assoc. R.E. License #3017067 Listed on: 09/26/2017

Last Buyer's Agent

Non-Member Non-Member Out Of Area

Non-MLS or Out of Area License #nonmls

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $111

Year Built

  • 2019

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 83.0 x 125.0
  • Wooded Lot
  • Many Trees

Schools

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

Utilities

  • 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

$111

Year Built

2019

Lot Details

0

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Many Trees, Wooded
  • Road Surface Type: Paved
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Port Malabar Unit 16
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built (Public Record): 2019

Exterior Features

  • Acres: 0.24
  • Waterfront: No
  • Lot Features:Wooded: Yes
  • Lot Features:Many Trees: Yes

Utilities

  • Utilities: Water Available
  • 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

  • Number Of Lots: 1
  • Current Use: Residential, Single Family
  • Lot Dimensions: 83.0 x 125.0
  • Lot Size Sq Ft: 10454.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 29-37-16-Gp-00755.0-0016.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 110.92

MLS Schools

  • Elementary School: Columbia
  • High School: Bayside

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
41
Current Estimated Value
$400,510

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
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $251,400 Mosley & Wallis Ttl Svcs Inc
Warranty Deed $10,000 Attorney
Warranty Deed -- None Available
Warranty Deed $25,000 State Title Partners Llp
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $246,846 FHA
Previous Owner $15,000,000 Credit Line Revolving
Previous Owner $22,500 Purchase Money Mortgage
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

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 $3,627 $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

    63 in this area

    478 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: 794345

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

This home is located at 1362 Rainbow Rd SE, Palm Bay, FL 32909 and is currently priced at $10,000. This property was built in 2019. 1362 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.

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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