NOT LISTED FOR SALE

1703 Rainbow Rd Grand Island, NE 68801

Estimated Value: $431,236 - $570,000

0.77 Acre
$645,990 Price per Acre
33,541 Sq Ft Lot

Last Sold August 14, 2020

Last sale price $63,500

Est. 683% increase in value since last sale

Current estimated payment $2,836/month

1,337 Days on Market

About This Lot

As of August 2020

Build your dream home at Trail View Estates. Just south of Hwy 34 across from Rainbow Lake. Large lots to accommodate house and extra building! Covenants in file. Dirtwork and drainage done to city specifications.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $495

Lot Details

  • 0.77 Acre Lot
  • Lot Dimensions are 102.54 x 325.72
  • Level Lot

Schools

  • Stolley Park Elementary School
  • Barr Middle School
  • Grand Island Senior High School

Utilities

  • Gas Available

Community Details

  • Trail View Estates Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$495

Lot Details

0

Listing Details

  • Property Sub Type: Residential Lot
  • Prop. Type: Land
  • Lot Size Acres: 0.77
  • Lot Size: 102.54 x 325.72
  • Road Frontage Type: City Street
  • Road Surface Type: Concrete
  • Subdivision Name: Trail View Estates
  • Habitable Residence: No
  • Special Features: None

Interior Features

  • Other Equipment: None

Exterior Features

  • Fencing: None
  • Lot Features: Residential, Unknown Soil, Curbs & Gutters
  • Topography: Level
  • Waterfront: No

Utilities

  • Electricity On Property: No
  • Sewer: Public Sewer
  • Water Source: Public
  • Gas Company: Available

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Schools

  • Elementary School: Stolley Park
  • High School: Grand Island Senior High
  • Middle Or Junior School: Barr Middle School

Lot Info

  • Current Use: Other-See Remarks
  • Lot Size Sq Ft: 33541.2
  • Crops Included: No
  • Farm Land Area Units: Square Feet
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 494.6
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2022
Sold by
Lammert Levi L and Lammert Megan
Bought by
Kliment Gary L and Kliment Barbara J
Current Estimated Value
$497,412

Purchase Details

Listed on
Nov 9, 2016
Closed on
Aug 3, 2020
Sold by
Ssb Development Llc
Bought by
Levi L Lammert
List Price
$49,900
Sold Price
$63,500
Premium/Discount to List
$13,600
27.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.12%
Original Mortgage
$41,275
Interest Rate
3%
Mortgage Type
Construction
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Kliment Gary L $70,000 Grand Island Abstract
Levi L Lammert $64,000 Grand Island Abstract Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Levi L Lammert $41,275
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2020 08/14/20 Sold $63,500 +27.3% --
07/09/2020 07/09/20 Pending -- -- --
11/09/2016 11/09/16 For Sale $49,900 -- --
Source: Grand Island Board 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 $2,639 $165,035 $40,453 $124,582
2023 $708 $40,453 $40,453 $0
2022 $724 $37,500 $37,500 $0
2021 $440 $22,500 $22,500 $0
2020 $449 $22,500 $22,500 $0
2019 $460 $22,500 $22,500 $0
2017 $470 $22,500 $22,500 $0
2016 $452 $22,500 $22,500 $0
2015 $26 $1,268 $1,268 $0
2014 $27 $1,268 $1,268 $0
Source: Public Records

Map

Source: Grand Island Board of REALTORS®

MLS Number: 20161005

APN: 400418938

Nebraska Hall County Grand Island 68801

1703 Rainbow Rd, Grand Island, NE

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