NOT LISTED FOR SALE

1505 Rainbow Rd Grand Island, NE 68801

Estimated Value: $423,000 - $625,000

3 Beds
3.5 Baths
1,728 Sq Ft
$319/Sq Ft Est. Value

Last Sold May 06, 2022

Last sale price $510,000 $295 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,390/month

7 Days on Market

Highlights

  • Spa
  • Ranch Style House
  • Brick or Stone Mason
  • Covered Deck
  • 3 Car Attached Garage
  • Walk-In Closet

About This Home

As of May 2022

Beautiful custom home. 3 bds. 3.5 baths. 3 gar. Open kitchen w granite countertops. Vinyl plank flooring throughout. Walk-in master shower. Main floor laundry. Wood burning fireplace. Wet Bar in basement. Projector stays. Sprinklers on well. Pad for camper. Fenced back yard. Don't miss the half bath in the garage!

Last Agent to Sell the Property

Tracy Babcock

Babcock Real Estate License #20120066 Listed on: 03/14/2022

Last Buyer's Agent

Jasey Klein

Keller Williams Heartland License #20180006

Keller Williams Heartland

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,355

Year Built

  • Built in 2017

Lot Details

  • Vinyl Fence
  • Landscaped
  • Sprinklers on Timer

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Brick or Stone Mason
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 1,728 Sq Ft Home
  • Wood Burning Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Fire and Smoke Detector

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Laundry in Kitchen

Finished Basement

  • Basement Fills Entire Space Under The House
  • Drainage System
  • Sump Pump

Outdoor Features

  • Spa
  • Covered Deck
  • Shed

Schools

  • Stolley Park Elementary School
  • Barr Middle School
  • Grand Island Senior High School

Utilities

  • Humidifier
  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Well
  • Gas Water Heater
  • Water Softener is Owned
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 400418944

Community Details

Overview

  • Trailview Estates Subdivision

Building Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,355

Year Built

Built in 2017

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 100 x 300 appro x
  • Road Frontage Type: Sidewalk
  • Road Surface Type: Paved
  • Subdivision Name: Trailview Estates
  • Above Grade Finished Sq Ft: 1728
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 2017
  • Kitchen Level: Main
  • Special Features: None

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Microwave, Gas Range, Dishwasher, Disposal, Refrigerator, Water Softener Owned, Humidifier, Gas Water Heater
  • Has Basement: Full, Finished, Sump Pump, Drain Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1728
  • Fireplace Features: Living Room, One, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Master Bath, Walk-In Closet(s)
  • Living Area: 1728
  • Main Level Bedrooms: 2
  • Window Features: All Window Coverings
  • Room Kitchen Area: 133.21
  • Room Bedroom2 Area: 112.221
  • Room Bedroom3 Area: 244.92
  • Room Bedroom2 Level: Main
  • Room Bedroom3 Level: Basement
  • Room Dining Room Area: 139.265
  • Room Family Room Area: 433.8
  • Room Living Room Area: 368.28
  • Dining Room Dining Room Level: Main
  • Room Family Room Level: Basement
  • Room Kitchen Features: Microwave, Gas Range, Pantry, Dishwasher, Garbage Disposal, Vinyl, Refrigerator
  • Living Room Living Room Level: Main
  • Room Master Bedroom Area: 190.386
  • Dining Room Features: Vinyl, Kitchen/Dining Combo
  • Family Room Features: Carpet
  • Living Room Features: Fireplace, Vinyl
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Master Bedroom Width: 12.6

Exterior Features

  • Fencing: Vinyl
  • Lot Features: Automatic Sprinkler, Established Yard, Good Quality Landscaping
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Frame, Brick
  • Exterior Features: Rain Gutters
  • Other Structures: Shed(s)
  • Patio And Porch Features: Covered Deck, Deck
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Parking Features: Garage Door Opener, 3 Car, Attached
  • Total Parking Spaces: 3

Utilities

  • Laundry Features: Main Level, Electric, Off Kitchen, Vinyl
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas Forced Air
  • Heating Yn: Yes
  • Utilities: Water Connected, Sewer Connected, Natural Gas Connected, Cable Available, Electricity Connected
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Fee Information

  • Annual Fuel Expense: 50.67

Schools

  • Elementary School: Stolley Park
  • High School: Grand Island Senior High
  • Middle Or Junior School: Barr Middle School

Lot Info

  • Farm Land Area Units: Square Feet
  • Parcel #: 400418944
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Electric Expense: 199.99
  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 7354.68
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2021
Closed on
Jun 11, 2021
Sold by
Haines Randy R and Haines Marilynn F
Bought by
Nitz Jason D and Nitz Stephanie M
List Price
$459,900
Sold Price
$450,000
Premium/Discount to List
-$9,900
-2.15%
Current Estimated Value
$551,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,558
Avg. Annual Appreciation
4.79%
Original Mortgage
$438,562
Outstanding Balance
$397,063
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$154,495

Purchase Details

Closed on
Jul 18, 2016
Sold by
Ssb Development Llc
Bought by
Haines Randy R and Haines Marilynn F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
3.54%
Mortgage Type
Construction
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
Nitz Jason D $450,000 Grand Island Abstract Escrow
Haines Randy R $45,000 Grand Island Abstract Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nitz Jason D $438,562
Previous Owner Haines Randy R $388,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/06/2022 05/06/22 Sold $510,000 +3.1% $295 / Sq Ft
03/23/2022 03/23/22 Pending -- -- --
03/15/2022 03/15/22 For Sale $494,900 +10.0% $286 / Sq Ft
06/22/2021 06/22/21 Sold $450,000 -2.2% $260 / Sq Ft View Prior Sale
05/08/2021 05/08/21 Pending -- -- --
04/21/2021 04/21/21 For Sale $459,900 -- $266 / Sq Ft
Source: Grand Island Board 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 $5,865 $430,582 $39,598 $390,984
2023 $8,266 $472,289 $39,598 $432,691
2022 $7,611 $394,406 $37,500 $356,906
2021 $7,216 $368,943 $37,500 $331,443
2020 $5,555 $368,943 $37,500 $331,443
2019 $5,696 $278,678 $37,500 $241,178
2017 $5,587 $267,193 $37,500 $229,693
2016 $452 $22,500 $22,500 $0
2015 $26 $1,268 $1,268 $0
2014 $27 $1,268 $1,268 $0
Source: Public Records

Agents Affiliated with this Home

  • Tracy Babcock

    Seller's Agent in 2022

    Tracy Babcock

    Babcock Real Estate

    (308) 380-8724

    205 in this area

    228 Total Sales

    Tracy Babcock
    Section Image
  • Jasey Klein

    Buyer's Agent in 2022

    Jasey Klein

    Keller Williams Heartland

    (402) 309-0825

    83 in this area

    100 Total Sales

    Jasey Klein
    Section Image
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Map

Source: Grand Island Board of REALTORS®

MLS Number: 20220213

APN: 400418944

Nebraska Hall County Grand Island 68801

1505 Rainbow Rd, Grand Island, NE

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