NOT LISTED FOR SALE

1509 Rainbow Rd Grand Island, NE 68801

Estimated Value: $509,000 - $653,000

5 Beds
3.5 Baths
1,880 Sq Ft
$317/Sq Ft Est. Value

Last Sold March 04, 2019

Last sale price $397,600 $211 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,728/month

3 Days on Market

Highlights

  • Newly Remodeled
  • Ranch Style House
  • Covered Patio or Porch
  • 0.74 Acre Lot
  • Wood Flooring
  • Formal Dining Room

About This Home

As of March 2019

Quality Jim Anderson Construction. 2x6 walls. All appliances included. Gas fireplace. Covered patio. Sprinklers, rock & seeded yard included.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $475

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 0.74 Acre Lot
  • Lot Dimensions are 102 x 316
  • Sprinklers on Timer

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding
  • Stone

Interior Spaces

  • 1,880 Sq Ft Home
  • Gas Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Fire and Smoke Detector
  • Laundry on main level

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

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

Finished Basement

  • Basement Fills Entire Space Under The House
  • Drainage System

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater

Community Details

  • Trail View Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 400418943

Home Details

Home Type

Single Family

Est. Annual Taxes

$475

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.7399
  • Lot Size: 102 x 316
  • Road Frontage Type: Sidewalk
  • Road Surface Type: Paved
  • Subdivision Name: Trail View Estates
  • Above Grade Finished Sq Ft: 1880
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: Yes
  • Year Built: 2018
  • Kitchen Level: Main
  • Special Features: NewHome

Interior Features

  • Appliances: Refrigerator, Gas Range, Microwave, Dishwasher, Disposal, Gas Water Heater
  • Has Basement: Full, Drain Tile, Finished
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1858
  • Fireplace Features: Living Room, One, Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood, Carpet
  • Interior Amenities: Master Bath, Walk-In Closet(s)
  • Living Area: 1880
  • Main Level Bedrooms: 3
  • Window Features: No Window Coverings
  • Room Bedroom2 Level: Main
  • Room Bedroom3 Level: Main
  • Room Bedroom4 Level: Basement
  • Dining Room Dining Room Level: Main
  • Room Family Room Level: Basement
  • Room Kitchen Features: Refrigerator, Gas Range, Microwave, Dishwasher, Garbage Disposal, Wood
  • Living Room Living Room Level: Main
  • Dining Room Features: Formal, Wood
  • Family Room Features: Carpet
  • Living Room Features: Fireplace, Wood
  • Master Bedroom Master Bedroom Level: Main

Exterior Features

  • Lot Features: Automatic Sprinkler, Rough Grade
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Frame, Vinyl Siding, Stone
  • Exterior Features: Rain Gutters
  • Patio And Porch Features: Covered Patio, Patio
  • Property Condition: New Construction
  • 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, Wood
  • 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, Electricity Connected

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Lot Size Sq Ft: 32232
  • Farm Land Area Units: Square Feet
  • Parcel #: 400418943
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 475
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2024
Sold by
Wengler Brandon M and Wengler Mikayla L
Bought by
Wengler Family Revocable Trust and Wengler
Current Estimated Value
$595,934

Purchase Details

Listed on
Feb 11, 2019
Closed on
Feb 25, 2019
Sold by
Jim Anderson Construction Inc
Bought by
Wengler Brandon M and Wengler Mikayla L
List Price
$380,000
Sold Price
$397,600
Premium/Discount to List
$17,600
4.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.26%
Original Mortgage
$318,080
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 9, 2016
Closed on
Nov 16, 2017
Sold by
Ssb Development Llc
Bought by
Jim Anderson Construction Inc
List Price
$49,900
Sold Price
$49,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
399.71%
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 Buyer Sale Price Title Company
Wengler Family Revocable Trust -- None Listed On Document
Wengler Brandon M $398,000 Grand Island Abstract E&T Co
Jim Anderson Construction Inc $50,000 Grand Island Abstract Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wengler Brandon M $318,080
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/04/2019 03/04/19 Sold $397,600 +4.6% $211 / Sq Ft
02/14/2019 02/14/19 Pending -- -- --
02/11/2019 02/11/19 For Sale $380,000 +661.5% $202 / Sq Ft
11/17/2017 11/17/17 Sold $49,900 0.0% $27 / Sq Ft View Prior Sale
11/03/2017 11/03/17 Pending -- -- --
11/09/2016 11/09/16 For Sale $49,900 -- $27 / 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 $7,114 $515,110 $39,741 $475,369
2023 $9,280 $530,210 $39,741 $490,469
2022 $7,841 $406,310 $37,500 $368,810
2021 $7,947 $406,310 $37,500 $368,810
2020 $7,847 $406,310 $37,500 $368,810
2019 $6,472 $316,649 $37,500 $279,149
2017 $470 $22,500 $22,500 $0
2016 $452 $22,500 $22,500 $0
2015 $26 $1,268 $1,268 $0
2014 $27 $1,268 $1,268 $0
Source: Public Records

Map

Source: Grand Island Board of REALTORS®

MLS Number: 20190181

APN: 400418943