NOT LISTED FOR SALE

1605 Rainbow Ave Sebring, FL 33870

Estimated Value: $84,000 - $125,000

2 Beds
1 Bath
1,052 Sq Ft
$104/Sq Ft Est. Value

Last Sold May 21, 2024

Last sale price $90,000 $86 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $714/month

6 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Terrazzo Flooring

About This Home

As of May 2024

Make an offer! Concrete 2/1 with long term tenant in place. This home is priced to sell quickly. Oversized lot and lots of potential.

Last Agent to Sell the Property

Tania Bobe

LPT Realty LLC License #3342106 Listed on: 05/07/2024

LPT Realty LLC

Last Buyer's Agent

Nivea Morales

Paradise Real Estate International LLC License #0624382

Paradise Real Estate International LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,610

Year Built

  • Built in 1958

Lot Details

  • 9,000 Sq Ft Lot
  • Zoning described as R2

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,052 Sq Ft Home
  • 1-Story Property
  • Terrazzo Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • On-Street Parking

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number S-33-34-29-100-1520-0170

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,610

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • Road Surface Type: Paved
  • Directions: US 27 and Sparta south to Sebring Parkway. Make a left at Sebring Parkway, make a right at Kenilworth, make a right at Rainbow, house on the right.
  • Architectural Style: One Story
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1958
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Terrazzo
  • Living Area: 1052.0

Exterior Features

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

Garage/Parking

  • Parking Features: Driveway, On Street

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 9000.0
  • Additional Parcels Description: ,,
  • Parcel #: S-33-34-29-100-1520-0170
  • Zoning Description: R2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1610.21
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2024
Closed on
May 21, 2024
Sold by
Estrada Herrera Francisco and Herrera Estrada Francisco
Bought by
Jimenez Jimar Cruz
Seller's Agent
Tania Bobe
LPT Realty LLC
Buyer's Agent
Nivea Morales
Paradise Real Estate International LLC
List Price
$110,000
Sold Price
$90,000
Premium/Discount to List
-$20,000
-18.18%
Views
3
Current Estimated Value
$109,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,086
Avg. Annual Appreciation
12.61%

Purchase Details

Closed on
Jul 7, 2008
Sold by
Griffith Winnell B and Griffith Ronald
Bought by
Herrera Francisco Estrada and Fabian Bernardina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
6.08%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 15, 2008
Sold by
Zervigon Florentino
Bought by
Griffith Ronald and Griffith Winnell B

Purchase Details

Closed on
Apr 23, 2004
Sold by
Griffith Ronald and Griffith Winnell B
Bought by
Florentino Zervigon Rose Const Group

Purchase Details

Closed on
Jul 10, 2001
Sold by
Griffith Ronald
Bought by
Hartzell Richard L and Hartzell Iris R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
12%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jimenez Jimar Cruz $90,000 Heartland Title
Herrera Francisco Estrada $40,000 Attorney
Griffith Ronald -- None Available
Florentino Zervigon Rose Const Group $20,000 Gator Title Insurance Agency
Hartzell Richard L $32,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Herrera Francisco Estrada $35,000
Previous Owner Hartzell Richard L $32,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2024 05/21/24 Sold $90,000 -18.2% $86 / Sq Ft
05/14/2024 05/14/24 Pending -- -- --
05/07/2024 05/07/24 For Sale $110,000 -- $105 / Sq Ft
Source: Heartland 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
2025 $1,728 $75,389 $4,500 $70,889
2024 $1,610 $79,867 $3,000 $76,867
2023 $1,610 $58,400 $0 $0
2022 $1,450 $69,154 $3,000 $66,154
2021 $1,280 $48,265 $3,000 $45,265
2020 $245 $23,299 $0 $0
2019 $245 $22,775 $0 $0
2018 $223 $22,350 $0 $0
2017 $213 $21,890 $0 $0
2016 $213 $21,440 $0 $0
2015 $203 $21,291 $0 $0
2014 $179 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tania Bobe

    Seller's Agent in 2024

    Tania Bobe

    LPT Realty LLC

    (863) 270-8484

    119 in this area

    385 Total Sales

    Tania Bobe
    Section Image
  • Nivea Morales

    Buyer's Agent in 2024

    Nivea Morales

    Paradise Real Estate International LLC

    (863) 414-1226

    4 in this area

    33 Total Sales

    Nivea Morales
    Section Image
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Map

Source: Heartland Association of REALTORS®

MLS Number: 304343

Heartland Association of REALTORS®

APN: S-33-34-29-100-1520-0170

Florida Highlands County Sebring 33870

1605 Rainbow Ave, Sebring, FL

Not Listed for Sale

Detached

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