NOT LISTED FOR SALE

155 Rainbow Dr NW Fort Walton Beach, FL 32548

Estimated Value: $258,000 - $359,000

4 Beds
3 Baths
2,045 Sq Ft
$155/Sq Ft Est. Value

Last Sold January 04, 2019

Last sale price $196,000 $96 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,993/month

20 Days on Market

Highlights

  • Maid or Guest Quarters
  • Deck
  • Separate Outdoor Workshop
  • Fort Walton Beach High School Rated A
  • Wood Flooring
  • Fireplace

About This Home

As of January 2019

Looking for that large 4 bedroom 3 bath home? Convenient to both bases, shopping, work and the beach!. Per seller roof was replaced in 2004. Come see this home with open living room with hardwood floors that have recently been sanded and varnished. Large family room or dining room with gas fireplace and built in shelving on both sides. Kitchen has lots of cabinets and breakfast bar plus eat in kitchen area. Two bedrooms and one bath off the living room with hardwood floors. There are two master bedrooms, both have their own bathrooms, one with bathroom with custom cabinet and a walk-in-closet. The other has its own separate entrance so it can be used as a mother-in-law suite. Inside laundry room off the master bedroom. There is a storage room in the main house. A large workshop or man cave in back yard with electricity and attic storage. A deck in the backyard and patio on the side yard. This home has had some renovations and updates, now waiting for your personal touch. View the virtual tour then come and see today! Buyer to verify all square footage. 2011 TAXES $869.00

Last Agent to Sell the Property

Marcia Monti

Keller Williams Realty Navarre License #3116527 Listed on: 11/01/2018

Keller Williams Realty Navarre

Last Buyer's Agent

Jennifer Wolff

Coldwell Banker Realty License #3296167

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,035

Year Built

  • Built in 1958 | Remodeled

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 80 x 120
  • Partially Fenced Property
  • Sprinkler System
  • Lawn Pump

Parking

  • Oversized Parking

Home Design

  • Off Grade Structure
  • Composition Shingle Roof
  • Wood Siding
  • Aluminum Siding
  • Wood Trim
  • Aluminum Trim
  • Brick Front

Interior Spaces

  • 2,045 Sq Ft Home
  • 1-Story Property
  • Built-in Bookshelves
  • Shelving
  • Ceiling Fan
  • Fireplace
  • Double Pane Windows
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Induction Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry Room
  • Exterior Washer Dryer Hookup

Outdoor Features

  • Deck
  • Open Patio
  • Separate Outdoor Workshop
  • Shed
  • Porch

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

Listing and Financial Details

  • Assessor Parcel Number 11-2S-24-0200-0001-0090

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,035

Year Built

Built in 1958 | Remodeled

Lot Details

0

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.22
  • Lot Size: 80 x 120
  • Road Frontage Type: City Street
  • Subdivision Name: BEL-AIR S/D
  • Directions: 98 to North on Beal-Left on Holmes Blvd, Right on Hummingbird Avenue, Left on Tula Place, Right on Rainbow Drive NW. House is on your left toward the end of the street.
  • Architectural Style: Ranch
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1958
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Rooms:Living Room: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:Double Pane Windows: Yes
  • Rooms:Laundry2: Yes
  • Utilities:Gas - Natural: Yes
  • Energy:Heat Cntrl Gas: Yes
  • Energy:Water Heater - Gas: Yes
  • Rooms:Family Room: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven Self Cleaning, Refrigerator, Smooth Stovetop Rnge, Stove/Oven Electric
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Interior Amenities: Breakfast Bar, Built-In Bookcases, Fireplace, Floor Hardwood, Floor Tile, Floor Vinyl, Floor WW Carpet, Guest Quarters, Renovated, Shelving, Washer/Dryer Hookup, Window Treatmnt Some
  • Window Features: Double Pane Windows
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Interior:Floor Vinyl: Yes
  • Appliances:Smooth Stovetop Rnge: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Floor WW Carpet: Yes
  • Interior:Shelving: Yes
  • Interior:Built-In Bookcases: Yes
  • Interior:Fireplace: Yes
  • Interior:Guest Quarters2: Yes

Exterior Features

  • Construction Type: Foundation Off Grade, Roof Composite Shngl, Aluminum Siding, Siding Brick Front, Wood Siding, Slab, Trim Aluminum, Trim Wood
  • Exterior Features: Deck Open, Fenced Lot-Part, Lawn Pump, Patio Open, Porch, Sprinkler System, Workshop, Yard Building
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Slab: Yes
  • Exterior:Fenced Lot-Part: Yes
  • Exterior:Porch: Yes
  • ConstructionSiding:Trim Aluminum: Yes
  • Exterior:Patio Open: Yes
  • Exterior:Deck Open: Yes
  • ConstructionSiding:Siding Brick Front: Yes
  • Exterior:Lawn Pump: Yes
  • Exterior:Sprinkler System: Yes
  • ConstructionSiding:Roof Composite Shngl: Yes
  • ConstructionSiding:Trim Wood: Yes
  • Exterior:Workshop: Yes
  • ConstructionSiding:Siding Wood: Yes
  • ConstructionSiding:Foundation Off Grade: Yes
  • ConstructionSiding:Siding Alum Metal: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Oversized
  • Parking Features:Oversized: 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: 9583.2
  • Parcel #: 11-2S-24-0200-0001-0090
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1034.75
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2025
Sold by
Folta Peter and Folta Heather Ann
Bought by
Brp 850 Llc
Current Estimated Value
$317,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$299,490
Interest Rate
6.83%
Mortgage Type
Construction
Estimated Equity
$17,763

Purchase Details

Listed on
Nov 1, 2018
Closed on
Jan 4, 2019
Sold by
Niola John J and Niola Lucia
Bought by
Folta Peter and Folta Heather Ann
Seller's Agent
Marcia Monti
Keller Williams Realty Navarre
Buyer's Agent
Jennifer Wolff
Coldwell Banker Realty
List Price
$196,000
Sold Price
$196,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.51%
Original Mortgage
$200,214
Interest Rate
4.8%
Mortgage Type
VA

Purchase Details

Listed on
Apr 23, 2012
Closed on
Jun 20, 2012
Sold by
Bennett Charles F and Bennett Dorothee R
Bought by
Niola John Joseph
Seller's Agent
Jim Gilliland
RE/MAX Gulf Coast Realty
Buyer's Agent
CLAIRE BETTS
KELLER WILLIAMS REALTY EMERALD COAST-NAVARRE
List Price
$126,500
Sold Price
$126,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.91%
Original Mortgage
$129,219
Interest Rate
3.86%
Mortgage Type
VA

Purchase Details

Closed on
Feb 22, 2002
Sold by
Herrera Herman H and Herrera Maria G
Bought by
Bennett Charles F and Bennett Dorothee R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,098
Interest Rate
7.02%
Mortgage Type
VA
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
Brp 850 Llc $204,000 None Listed On Document
Folta Peter $196,000 Attorney
Niola John Joseph $126,500 Attorney
Bennett Charles F $109,900 Old South Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brp 850 Llc $300,000
Previous Owner Folta Peter $200,214
Previous Owner Niola John Joseph $129,219
Previous Owner Bennett Charles F $115,870
Previous Owner Bennett Charles F $112,098
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2019 06/23/19 Off Market $126,500 -- --
01/04/2019 01/04/19 Sold $196,000 0.0% $96 / Sq Ft
11/21/2018 11/21/18 Pending -- -- --
11/01/2018 11/01/18 For Sale $196,000 +54.9% $96 / Sq Ft
06/20/2012 06/20/12 Sold $126,500 0.0% $62 / Sq Ft
05/04/2012 05/04/12 Pending -- -- --
04/23/2012 04/23/12 For Sale $126,500 -- $62 / 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 $3,163 $250,546 $51,535 $199,011
2023 $3,163 $247,349 $46,849 $200,500
2022 $3,078 $228,093 $43,784 $184,309
2021 $2,757 $176,543 $39,093 $137,450
2020 $2,572 $163,697 $38,323 $125,374
2019 $1,063 $107,815 $0 $0
2018 $1,052 $105,805 $0 $0
2017 $1,035 $103,629 $0 $0
2016 $1,004 $101,498 $0 $0
2015 $1,021 $100,792 $0 $0
2014 $1,020 $99,992 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 810070

Emerald Coast Association of REALTORS®

APN: 11-2S-24-0200-0001-0090