NOT LISTED FOR SALE

1531 Rainbow Ave Sebring, FL 33870

Sebring Area

Estimated Value: $78,000 - $101,955

3 Beds
1 Bath
1,028 Sq Ft
$87/Sq Ft Est. Value

Sale Details

Date Sold: May 30, 2025

Last sale price $92,000 $89 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $657 / mo

26 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted In Outer Wall Opening
  • High Speed Internet
  • Screened Porch
  • Ceiling Fan
  • Carpet

About This Home

As of May 2025

GOOD INVESTMENT PROPERTY AT A GREAT PRICE! This 3/1 home has great potential and just waiting for you to bring it back to life for a new family. Located close to downtown Sebring that has recently been beautifully renovated by Ben and Erin of the Hometown Takeover HGTV team, full of great restaurants, shopping and enjoyable strolls around the circle. Come take a look at this one quick before it's gone!

Last Agent to Sell the Property

Matt Christian

Home Town Realty Pros License #3245256 Listed on: 04/02/2025

Last Buyer's Agent

SEBRING NON MLS

NON-MLS OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,047

Year Built

  • Built in 1958

Lot Details

  • 10,500 Sq Ft Lot
  • Zoning described as R2

Home Design

  • Metal Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,028 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Single Hung Windows
  • Screened Porch

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • On-Street Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Window Unit Heating System
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number S-33-34-29-100-1520-0140

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,047

Year Built

Built in 1958

Lot Details

10,500 Sq Ft Lot

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.24
  • Road Surface Type: Paved
  • Directions: FROM INTERSECTION OF U.S. 27 & S HIGHLANDS AVE/SEBRING PKWY, HEAD WEST ON PKWY TO RIGHT ON YOUTH CARE LANE, LEFT ON RAINBOW TO HOME ON LEFT.
  • Architectural Style: One Story
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1958
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Gas Range, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s), High Speed Internet, Cable TV
  • Living Area: 1028.0
  • Window Features: Single Hung

Exterior Features

  • Pool Features: None
  • Construction Type: Block, Concrete
  • Patio And Porch Features: Front Porch, Screened
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Parking Features: Driveway, On Street

Utilities

  • Cooling: 1 Unit, Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, High Speed Internet Available, Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 10500.0
  • Additional Parcels Description: ,,
  • Parcel #: S-33-34-29-100-1520-0140
  • Zoning Description: R2

Tax Info

  • Tax Annual Amount: 2046.63
  • Tax Year: 2024

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
Apr 2, 2025
Closed on
May 30, 2025
Sold by
Bought by
Seller's Agent
Matt Christian
Home Town Realty Pros
Buyer's Agent
SEBRING NON MLS
NON-MLS OFFICE
List Price
$99,900
Sold Price
$92,000
Premium/Discount to List
-$7,900
-7.91%
Views
123
Current Estimated Value
$89,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,761
Avg. Annual Appreciation
-2.64%

Purchase Details

Closed on
Sep 26, 2023
Sold by
Bought by

Purchase Details

Closed on
Feb 27, 2023
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$92,000 Everglades Abstract & Title
$100 None Listed On Document
$100 None Listed On Document
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
05/30/2025 05/30/25 Sold $92,000 -7.9% $89 / Sq Ft
04/28/2025 04/28/25 Pending -- -- --
04/02/2025 04/02/25 For Sale $99,900 -- $97 / Sq Ft
Source: Heartland 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 $2,047 $80,317 $5,250 $75,067
2024 $516 $84,902 $3,500 $81,402
2023 $516 $33,119 $0 $0
2022 $355 $27,055 $0 $0
2021 $317 $26,267 $0 $0
2020 $263 $25,904 $0 $0
2019 $252 $25,322 $0 $0
2018 $223 $24,850 $0 $0
2017 $213 $24,339 $0 $0
2016 $213 $23,838 $0 $0
2015 $203 $23,672 $0 $0
2014 $179 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland Association of REALTORS®

MLS Number: 313451

Heartland Association of REALTORS®

APN: S-33-34-29-100-1520-0140

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