16 Rainbow Dr Key Largo, FL 33037
North Key Largo NeighborhoodEstimated Value: $817,000 - $1,227,000
4
Beds
3
Baths
3,300
Sq Ft
$301/Sq Ft
Est. Value
About This Home
This home is located at 16 Rainbow Dr, Key Largo, FL 33037 and is currently estimated at $994,739, approximately $301 per square foot. 16 Rainbow Dr is a home located in Monroe County with nearby schools including Key Largo School, Coral Shores High School, and St. Justin Marine Academy.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 12, 2021
Sold by
Tutt Darrell W and Tutt Laura M
Bought by
Stoky 16 Rainbow Drive Llc
Current Estimated Value
Purchase Details
Closed on
Aug 1, 2002
Sold by
Michael Burke Jr M and Penny Burke M
Bought by
Tutt Darrell W and Tutt Laura M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
6.62%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 1, 1987
Bought by
Tutt Darrell W and Tutt Laura M
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Stoky 16 Rainbow Drive Llc | $600,000 | Coral Reef Title Company | |
| Tutt Darrell W | $260,000 | -- | |
| Tutt Darrell W | $140,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Tutt Darrell W | $225,500 | |
| Previous Owner | Tutt Darrell W | $234,000 | |
| Previous Owner | Tutt Darrell W | $175,000 |
Source: Public Records
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $6,549 | $702,614 | $310,206 | $392,408 |
| 2024 | $6,751 | $689,277 | $310,206 | $379,071 |
| 2023 | $6,751 | $719,996 | $348,036 | $371,960 |
| 2022 | $6,059 | $656,187 | $272,376 | $383,811 |
| 2021 | $3,881 | $392,156 | $0 | $0 |
| 2020 | $3,869 | $386,742 | $0 | $0 |
| 2019 | $3,812 | $378,047 | $0 | $0 |
| 2018 | $3,810 | $370,999 | $0 | $0 |
| 2017 | $3,740 | $363,369 | $0 | $0 |
| 2016 | $3,789 | $355,896 | $0 | $0 |
| 2015 | -- | $353,422 | $0 | $0 |
| 2014 | -- | $350,617 | $0 | $0 |
Source: Public Records
Map
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