NOT LISTED FOR SALE

16425 Rainbow Meadows Ct Fort Myers, FL 33908

Estimated Value: $791,000 - $946,000

4 Beds
3 Baths
3,891 Sq Ft
$225/Sq Ft Est. Value

Last Sold August 05, 2020

Last sale price $623,800 $160 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $5,283/month

299 Days on Market

Highlights

  • Concrete Pool
  • RV or Boat Parking
  • Floor-to-Ceiling Windows
  • Fort Myers High School Rated A
  • Sitting Area In Primary Bedroom
  • Vaulted Ceiling

About This Home

As of August 2020

Motivated seller! Buyers, this is an absolute steal! The price reduction puts this home WAY under market value. This is the only home on the market within a 3 mile radius with the amazing huge bonus garage! This home sits on an acre of land, hidden in the middle of town just minutes away from the beaches, shopping, grocery, schools and hospital. Rainbow Farms is deed community with no HOA fees and no HOA rules! Appreciate your freedom, your space, your long circular driveway and a TON of storage space. Not only does the home have the suitable 3 car garage it also boasts a HUGE double door additional garage perfect for your boat, RV, golf cart, motorcycles, antique cars and so much more. The additional garage is equip with the electrical for an RV. This home has the perfect entertainment set up. Envision an open and spacious floor plan, large kitchen and living area that is bursting with natural light from the sliding glass doors and glass windows that opens up directly to the pool area. The roof is just over a year old. Enjoy a split floor plan with main living areas, the master bedroom, den and laundry on the first floor and all the rest upstairs! Do not miss out!

Last Agent to Sell the Property

Amber Reyes

Local Real Estate LLC Listed on: 08/23/2019

Local Real Estate LLC

Co-Listed By

Stephen Reyes

Local Real Estate LLC License #BEAR-3389680

Last Buyer's Agent

Melissa Turner

Treeline Realty Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,588

Year Built

  • Built in 2001

Lot Details

  • 1.09 Acre Lot
  • Lot Dimensions: 181
  • Southeast Facing Home
  • Sprinkler System
  • Property is zoned AG-2

Parking

  • 5 Car Attached Garage
  • Automatic Garage Door Opener
  • Circular Driveway
  • Guest Parking
  • RV or Boat Parking
  • Golf Cart Parking
  • Deeded Parking

Home Design

  • Concrete Block With Brick
  • Shingle Roof
  • Stucco

Interior Spaces

  • 3,891 Sq Ft Home
  • 2-Story Property
  • Custom Mirrors
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Hung Windows
  • Floor-to-Ceiling Windows
  • Bay Window
  • Sliding Windows
  • Casement Windows
  • Family Room
  • Formal Dining Room
  • Screened Porch
  • Storage

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Double Self-Cleaning Oven
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks
  • Jetted Tub in Primary Bathroom
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Home Security System
  • Fire and Smoke Detector

Pool

  • Concrete Pool
  • In Ground Pool
  • Pool Equipment Stays

Outdoor Features

  • Outdoor Kitchen

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 04-46-24-01-00000.017B

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,588

Year Built

Built in 2001

Lot Details

0

Parking

5

Listing Details

  • Legal Description: NW1/2 OF LOT 17 RAINBOW FARMS PB 32/46 OR 2202-1474
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.506012$-81.90486499999997$126.48$13.33$1.00$DC0EtpIRxSvG3iGwUHxe8A
  • Building Design: Single Family
  • Building Description: 2 Story
  • Year Built: 2001
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Furnished Description: Unfurnished
  • Price Per Sq Ft: 160.32
  • Total Floors: 2
  • Additional Rooms: Family Room, Laundry in Residence, Screened Lanai/Porch
  • Estimated Living Area: 3891
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedroom Description: Master BR Ground, Master BR Sitting Area, Split Bedrooms
  • Bedrooms: 4+Den
  • Total Bedrooms: 4
  • Dining Room: Breakfast Bar, Eat-in Kitchen, Formal
  • Equipment: Auto Garage Door, Dishwasher, Disposal, Double Oven, Dryer, Microwave, Range, Refrigerator/Icemaker, Security System, Self Cleaning Oven, Smoke Detector, Washer, Wine Cooler
  • Flooring: Carpet, Marble
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Cable Prewire, Custom Mirrors, High Speed Available, Laundry Tub, Pantry, Pull Down Stairs, Smoke Detectors, Surround Sound Wired, Tray Ceiling, Volume Ceiling, Walk-In Closet, Window Coverings
  • Kitchen: Walk-In Pantry
  • Primary Bathroom: Dual Sinks, Jetted Tub, Separate Tub And Shower
  • Windows: Bay, Casement, Double Hung, Sliding

Exterior Features

  • Gulf Access: No
  • Private Pool: Yes
  • Private Spa: No
  • Roof: Shingle
  • Construction: Concrete Block
  • Irrigation: Well
  • View: Landscaped Area
  • Exterior Features: Extra Building, Outdoor Kitchen, Sprinkler Auto, Storage
  • Exterior Finish: Stucco
  • Private Pool Type: Below Ground, Concrete, Equipment Stays, Pool Bath

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 5
  • Parking: Circle Drive, Driveway Paved, Golf Cart, Guest, RV-Boat

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric
  • Sewer: Septic
  • Water: Central

Condo/Co-op/Association

  • Mandatory HOA: No
  • Restrictions: Deeded
  • Sub Condo Name: RAINBOW FARMS

Association/Amenities

  • Pets: No Approval Needed
  • Development: Rainbow Farms

Lot Info

  • Builder Product: No
  • Lot Back: 201
  • Lot Frontage: 181
  • Lot Left: 201
  • Lot Right: 279
  • Lot Unit: 17
  • Section: 4
  • Total Area: 6312
  • Waterfront: No
  • Zoning Code: AG-2
  • Acres: 1.0907
  • Rear Exposure: Southeast
  • Lot Description: Dead End, Irregular Shape, Oversize
  • Lot Dimensions: 181 X 201 X 201 X 279
  • Parcel Number: 04-46-24-01-00000.017B

Rental Info

  • Lease Limits: No

Tax Info

  • Tax Description: County Only, No Homestead
  • Tax District Type: Municipal Service Tax Unit
  • Taxes: 8588.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2019
Closed on
Aug 5, 2020
Sold by
Reyes Laura S and Reyes-Boissiere Laura
Bought by
Mehring Kiana J and Mehring Jason K
Seller's Agent
Amber Reyes
Local Real Estate LLC
Buyer's Agent
Melissa Turner
Treeline Realty Corp
List Price
$699,000
Sold Price
$623,800
Premium/Discount to List
-$75,200
-10.76%
Current Estimated Value
$874,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,403
Avg. Annual Appreciation
6.71%
Original Mortgage
$61,757
Outstanding Balance
$54,906
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$819,297

Purchase Details

Listed on
Sep 22, 2017
Closed on
Apr 9, 2018
Sold by
Paul Jerry R and Paul Connie L
Bought by
Reyes Boissiere Laura and Wilson Rodney M
Seller's Agent
Michael McMurray
Royal Shell Real Estate, Inc.
Buyer's Agent
OTHER OTHER
Other
List Price
$799,900
Sold Price
$735,000
Premium/Discount to List
-$64,900
-8.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.80%
Original Mortgage
$750,000
Interest Rate
4.46%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 17, 2000
Sold by
James R Colosimo Tr
Bought by
Paul Jerry R
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
Mehring Kiana J $623,800 Superior Title Services
Reyes Boissiere Laura $735,000 Superior Title Services Of S
Paul Jerry R $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mehring Kiana J $61,757
Open Mehring Kiana J $499,040
Previous Owner Reyes Boissiere Laura $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/05/2020 08/05/20 Sold $623,800 -4.0% $160 / Sq Ft
06/17/2020 06/17/20 Pending -- -- --
05/19/2020 05/19/20 Price Changed $650,000 -7.0% $167 / Sq Ft
04/13/2020 04/13/20 For Sale $699,000 0.0% $180 / Sq Ft
03/19/2020 03/19/20 Pending -- -- --
01/08/2020 01/08/20 Price Changed $699,000 -4.9% $180 / Sq Ft
08/23/2019 08/23/19 For Sale $735,000 0.0% $189 / Sq Ft
04/09/2018 04/09/18 Sold $735,000 0.0% $189 / Sq Ft View Prior Sale
04/09/2018 04/09/18 Sold $735,000 -8.1% $189 / Sq Ft View Prior Sale
03/10/2018 03/10/18 Pending -- -- --
03/10/2018 03/10/18 Pending -- -- --
09/22/2017 09/22/17 For Sale $799,900 0.0% $206 / Sq Ft
04/19/2017 04/19/17 For Sale $799,900 -- $206 / Sq Ft
Source: Multiple Listing Service of Bonita Springs-Estero

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 $7,733 $626,934 -- --
2024 $7,733 $593,844 -- --
2023 $7,588 $576,548 $0 $0
2022 $7,546 $559,755 $0 $0
2021 $7,513 $543,451 $86,809 $456,642
2020 $9,126 $616,118 $82,877 $533,241
2019 $8,588 $603,222 $80,575 $522,647
2018 $4,913 $344,487 $0 $0
2017 $4,908 $337,402 $0 $0
2016 $4,895 $552,797 $52,262 $500,535
2015 $4,975 $499,906 $49,887 $450,019
2014 $4,963 $432,205 $47,511 $384,694
2013 -- $375,313 $55,000 $320,313
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Multiple Listing Service of Bonita Springs-Estero

MLS Number: 219065076

Multiple Listing Service of Bonita Springs-Estero

APN: 04-46-24-01-00000.017B