NOT LISTED FOR SALE

147 Rainbow Dr NW Fort Walton Beach, FL 32548

Estimated Value: $269,467 - $319,000

3 Beds
2 Baths
1,236 Sq Ft
$235/Sq Ft Est. Value

Last Sold September 29, 2020

Last sale price $225,000 $182 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,772/month

5 Days on Market

Highlights

  • Above Ground Pool
  • Covered Deck
  • Interior Lot
  • Fort Walton Beach High School Rated A
  • Coffered Ceiling
  • Breakfast Bar

About This Home

As of September 2020

Affordable, private oasis in the heart of FWB! Lounge in your pool or tan on the deck. Enjoy a home cooked meal in your comfortable kitchen large enough for entertaining or pop over to Uptown Station. You're minutes away from everything!

Last Agent to Sell the Property

Kathleen Donavin-Smith

Donavin Smith Real Estate LLC License #589762 Listed on: 08/06/2020

Last Buyer's Agent

Meghan Baine

Coldwell Banker Realty License #3351247

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,813

Year Built

  • Built in 1958

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 119.83 x 53.12 x 120 x 79.21
  • Back Yard Fenced
  • Interior Lot
  • Level Lot
  • Sprinkler System
  • Lawn Pump
  • Property is zoned City, Resid Single Family

Home Design

  • Metal Roof
  • Vinyl Trim
  • Stucco

Interior Spaces

  • 1,236 Sq Ft Home
  • 1-Story Property
  • Coffered Ceiling
  • Tray Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Living Room
  • Dining Area
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Range Hood
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Terrazzo

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Shower Only
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire Sprinkler System

Pool

  • Above Ground Pool
  • Outdoor Shower

Outdoor Features

  • Covered Deck

Schools

  • Elliott Point Elementary School
  • Bruner Middle School
  • Fort Walton Beach High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Bel Air S/D Subdivision
  • Building Fire Alarm

Listing and Financial Details

  • Assessor Parcel Number 11-2S-24-0200-0001-0130

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,813

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • Lot Size: 119.83 x 53.12 x 120 x 79.21
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: BEL-AIR S/D
  • Directions: Turn unto Memorial Pkwy from Beal Pkwy. Turn left on Holmes Blvd. and left on Rainbow. Home will be on the left.
  • Architectural Style: Ranch
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1958
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Rooms:Living Room: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Dining Area: Yes
  • Utilities:Gas - Natural: Yes
  • Energy:Heat Cntrl Gas: Yes
  • Energy:Water Heater - Gas: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Fire Alarm/Sprinkler, Oven Self Cleaning, Range Hood, Refrigerator W/IceMk, Security System, Stove/Oven Electric, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Breakfast Bar, Ceiling Tray/Cofferd, Floor Terrazo, Floor Tile, Lighting Recessed, Pull Down Stairs, Split Bedroom, Washer/Dryer Hookup
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Mstr BdrmMstr Bath:MBath Shower Only: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Fire AlarmSprinkler: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Pull Down Stairs: Yes
  • Interior:Split Bedroom: Yes
  • Appliances:Range Hood: Yes
  • Interior:Lighting Recessed: Yes
  • Appliances:Security System: Yes
  • Interior:Ceiling TrayCofferd: Yes
  • Interior:Floor Terrazo: Yes

Exterior Features

  • Lot Features: Interior, Level
  • Pool Features: Pool Type
  • Construction Type: Roof Metal, Stucco, Trim Vinyl
  • Exterior Features: Deck Covered, Deck Open, Fenced Back Yard, Fenced Lot-All, Fenced Privacy, Lawn Pump, Pool - Above Ground, Shower, Sprinkler System
  • Property Condition: Construction Complete
  • Lot Features:Level: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Interior: Yes
  • ConstructionSiding:Roof Metal: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Deck Covered: Yes
  • ConstructionSiding:Trim Vinyl: Yes
  • Exterior:Deck Open: Yes
  • Exterior:Lawn Pump: Yes
  • Exterior:Shower: Yes
  • Exterior:Sprinkler System: Yes
  • Exterior:Fenced Back Yard: Yes
  • Exterior:Fenced Privacy: Yes
  • Exterior:Fenced Lot-All: Yes
  • Exterior:Pool - Above Ground: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • Heating Yn: Yes
  • Utilities: Electric, Gas - Natural, Public Sewer, Public Water

Schools

  • Elementary School: Elliott Point
  • High School: Fort Walton Beach
  • Middle Or Junior School: Bruner

Lot Info

  • Lot Size Sq Ft: 7840.8
  • Parcel #: 11-2S-24-0200-0001-0130
  • Zoning: City, Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1813.48
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2020
Closed on
Sep 29, 2020
Sold by
Moore William and Moore Kayla
Bought by
Erickson Derek Matthew
Seller's Agent
Kathleen Donavin-Smith
Donavin Smith Real Estate LLC
Buyer's Agent
Meghan Baine
Coldwell Banker Realty
List Price
$225,000
Sold Price
$225,000
Current Estimated Value
$290,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,867
Avg. Annual Appreciation
5.32%
Original Mortgage
$230,175
Outstanding Balance
$204,728
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$86,139

Purchase Details

Listed on
Mar 30, 2018
Closed on
May 7, 2018
Sold by
Florida Investors Capital Llc
Bought by
Moore William and Moore Kayla
Seller's Agent
Patricia Williams
ERA American Real Estate
Buyer's Agent
Melissa Allegretto
Coldwell Banker Realty
List Price
$184,500
Sold Price
$184,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.62%
Original Mortgage
$188,466
Interest Rate
4.44%
Mortgage Type
VA

Purchase Details

Listed on
Mar 30, 2018
Closed on
Mar 27, 2018
Sold by
Holt Brandon Glenn and Roundpoint Mortgage Servicing
Bought by
Florida Investors Capital Llc
Seller's Agent
Patricia Williams
ERA American Real Estate
Buyer's Agent
Melissa Allegretto
Coldwell Banker Realty
List Price
$184,500
Sold Price
$184,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,466
Interest Rate
4.44%
Mortgage Type
VA

Purchase Details

Closed on
Mar 28, 2016
Sold by
Holt Jennifer and Kroll Holt Jennifer
Bought by
Holt Brandon Glenn

Purchase Details

Closed on
Mar 3, 2016
Sold by
Wright Michael R and Wright Janel H
Bought by
Wright Michael R

Purchase Details

Listed on
Sep 6, 2014
Closed on
Oct 24, 2014
Sold by
Boyes Lenissa M and Boyes Richard D
Bought by
Holt Brandon Glenn and Holt Jennifer
Seller's Agent
HEATHER SWETT
East Pass Realty Inc
Buyer's Agent
Deneen Sufnar
Century 21 AllPoints Realty
List Price
$154,000
Sold Price
$154,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.01%
Original Mortgage
$157,311
Interest Rate
4.15%
Mortgage Type
VA

Purchase Details

Closed on
Oct 25, 2002
Sold by
Clark Lori L
Bought by
Boyes Richard D and Boyes Lenissa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,603
Interest Rate
6.21%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 15, 2002
Sold by
Jefferies Wendy Bass and Jefferies Steven C
Bought by
Clark Lori L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,600
Interest Rate
6.98%
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Erickson Derek Matthew $225,000 Old South Land Title
Erickson Derek Matthew $225,000 Old South Land Title
Moore William $184,500 Majesty Title Services
Florida Investors Capital Llc $119,400 Attorney
Holt Brandon Glenn -- None Available
Wright Michael R -- None Available
Holt Brandon Glenn $154,000 Attorney
Boyes Richard D $95,500 American Land Title Inc
Clark Lori L $88,000 Touchstone Land Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Erickson Derek Matthew $230,175
Closed Erickson Derek Matthew $230,175
Previous Owner Moore William $188,466
Previous Owner Holt Brandon Glenn $157,311
Previous Owner Boyes Richard D $105,000
Previous Owner Boyes Richard D $91,603
Previous Owner Clark Lori L $83,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2020 12/29/20 Off Market $225,000 -- --
09/29/2020 09/29/20 Sold $225,000 0.0% $182 / Sq Ft
08/11/2020 08/11/20 Pending -- -- --
08/06/2020 08/06/20 For Sale $225,000 +22.0% $182 / Sq Ft
05/07/2018 05/07/18 Sold $184,500 0.0% $149 / Sq Ft
04/05/2018 04/05/18 Pending -- -- --
03/30/2018 03/30/18 For Sale $184,500 +19.8% $149 / Sq Ft
10/24/2014 10/24/14 Sold $154,000 0.0% $125 / Sq Ft
09/19/2014 09/19/14 Pending -- -- --
09/06/2014 09/06/14 For Sale $154,000 -- $125 / Sq Ft
Source: Emerald 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
2024 $2,668 $211,410 $48,958 $162,452
2023 $2,668 $207,962 $44,507 $163,455
2022 $2,539 $186,729 $41,595 $145,134
2021 $2,278 $144,935 $37,138 $107,797
2020 $1,922 $120,998 $36,407 $84,591
2019 $1,813 $115,443 $36,498 $78,945
2018 $1,730 $108,144 $0 $0
2017 $1,662 $102,436 $0 $0
2016 $1,584 $98,089 $0 $0
2015 $1,537 $93,033 $0 $0
2014 $583 $72,295 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 852481

Emerald Coast Association of REALTORS®

APN: 11-2S-24-0200-0001-0130