NOT LISTED FOR SALE

16 Rainbow Dr Unit SH Malakoff, TX 75148

Estimated Value: $337,000 - $505,000

2 Beds
2 Baths
1,542 Sq Ft
$268/Sq Ft Est. Value

Last Sold December 29, 2020

Current estimated payment $2,583/month

4 Days on Market

Highlights

  • Golf Course Community
  • Lake View
  • Corner Lot
  • Boat Ramp
  • Wood Flooring
  • 2 Car Attached Garage

About This Home

As of December 2020

The perfect little Bungalow just steps from Cedar Creek Lake. 2 Bedroom 2 bathrooms with an oversized garage closed in back porch , gas cooktop. Spacious master bedroom with Separate shower and jacuzzi tub walk in closets. Located in restricted Star Harbor with community boat launch , 9 hole golf course.

Last Agent to Sell the Property

Lynsey Grissom

Keller Williams Realty License #0654430 Listed on: 11/14/2020

Keller Williams Realty

Last Buyer's Agent

Terri Gregory

McAtee Realty Of Gun Barrel TX License #0672354

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,465

Year Built

  • Built in 1989

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 143x152x50x223
  • Corner Lot
  • Few Trees

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,542 Sq Ft Home
  • 1-Story Property
  • Fireplace With Gas Starter
  • Brick Fireplace
  • Window Treatments
  • Lake Views

Kitchen

  • Electric Range
  • Microwave
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Boat Ramp
  • Outdoor Storage

Schools

  • Malakoff Elementary And Middle School
  • Malakoff High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 2 / 16
  • Assessor Parcel Number 42000016002062
  • $3,777 per year unexempt tax

Community Details

Overview

  • Star Hbr Sec 04 Instl 02 Prt 03 Subdivision

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,465

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structural Style: Single Detached
  • Unit Levels: One
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Water Body Name: Cedar Creek
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 148.15175
  • Special Features: None
  • Year Built: 1989

Interior Features

  • Square Footage: 1542.00
  • Windows: Window Coverings
  • Fireplace Features: Brick, Gas Starter
  • Interior Amenities: Cable TV Available
  • Flooring: Carpet, Wood
  • Appliances: Disposal, Electric Range, Microwave, Refrigerator
  • Fireplaces: 1
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 1
  • Room Count: 2

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Community Features: Boat Ramp, Golf
  • Roof: Composition
  • Construction Materials: Brick
  • Exterior Features: Storage

Garage/Parking

  • Cooling System: Central Air, Electric
  • Garage Spaces: 2
  • Total Covered Spaces: 2
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Central, Electric
  • Utilities: City Sewer, City Water

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Malakoff ISD
  • Elementary School: Malakoff
  • Middle School: Malakoff
  • High School: Malakoff
  • School District: Malakoff ISD
  • Elementary School: Malakoff
  • High School: Malakoff

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Corner Lot, Few Trees, Subdivision, Water/Lake View
  • Lot Size Units: Acres
  • Lot Size Area: 0.3690
  • Lot Size: 143X152X50X223
  • Parcel Number: 42000016002062
  • Lot Size Acres: 0.3690
  • Lot Size Sq Ft: 16073.6400

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1989

Tax Info

  • Unexempt Taxes: 3777
  • TaxBlock: 16
  • Tax Lot: 2

MLS Schools

  • MiddleOrJuniorSchool: Malakoff
  • Middle School Name: Malakoff
  • Elementary School Name: Malakoff
  • High School Name: Malakoff

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2023
Sold by
Scruggs Morgan S
Bought by
Oconnell David Eugene
Current Estimated Value
$390,585

Purchase Details

Listed on
Nov 14, 2020
Closed on
Dec 18, 2020
Sold by
Durant Shirley Diane and The William W Owens Revocable
Bought by
Scruggs Morgan S
Seller's Agent
Lynsey Grissom
Keller Williams Realty
Buyer's Agent
Terri Gregory
McAtee Realty Of Gun Barrel TX
List Price
$220,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.20%
Original Mortgage
$222,272
Interest Rate
2.7%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 14, 2013
Sold by
Owens William W
Bought by
Owens Katherine A

Purchase Details

Closed on
Nov 22, 2004
Sold by
Owens William W
Bought by
Owens Katherine A
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
Oconnell David Eugene -- Tinsley Abstract & Title
Scruggs Morgan S -- Colonial Title Company
Owens Katherine A -- --
Owens Katherine A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scruggs Morgan S $222,272
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2020 12/29/20 Sold -- -- --
11/18/2020 11/18/20 Pending -- -- --
11/14/2020 11/14/20 For Sale $220,000 -- $143 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

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 $5,465 $339,115 $59,400 $279,715
2023 $4,661 $279,650 $59,400 $220,250
2022 $5,638 $279,650 $59,400 $220,250
2021 $4,384 $221,360 $31,350 $190,010
2020 $3,777 $199,380 $25,080 $174,300
2019 $3,504 $184,350 $25,080 $159,270
2018 $979 $152,520 $25,080 $127,440
2017 $929 $150,020 $25,080 $124,940
2016 $3,096 $150,020 $25,080 $124,940
2015 $941 $150,020 $25,080 $124,940
2014 $1,047 $150,020 $25,080 $124,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14471429

North Texas Real Estate Information Systems (NTREIS)

APN: 4200-0016-0020-62