NOT LISTED FOR SALE

1707 Rainbow Rd Grand Island, NE 68801

Estimated Value: $851,000 - $952,511

0.77 Acre
$1,181,065 Price per Acre
33,593 Sq Ft Lot

Last Sold April 25, 2018

Last sale price $55,000

Est. 1,556% increase in value since last sale

Current estimated payment $5,767/month

499 Days on Market

About This Lot

As of April 2018

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. Beginning April 1st, 2018, lot prices will be $62,500.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $470

Lot Details

  • 0.77 Acre Lot
  • Lot Dimensions are 102.54 x 327.6
  • 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

$470

Lot Details

0

Listing Details

  • Property Sub Type: Residential Lot
  • Prop. Type: Land
  • Lot Size Acres: 0.7712
  • Lot Size: 102.54 x 327.6
  • Road Frontage Type: City Street
  • Road Surface Type: Concrete
  • Subdivision Name: Trail View Estates
  • Habitable Residence: No
  • Special Features: None

Exterior Features

  • 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: 33592.104
  • 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: 470.48
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2016
Closed on
Apr 12, 2018
Sold by
Ssb Development Llc
Bought by
Galvan Mark J and Galvan Arlene
List Price
$49,900
Sold Price
$55,000
Premium/Discount to List
$5,100
10.22%
Current Estimated Value
$910,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$855,837
Avg. Annual Appreciation
45.25%
Original Mortgage
$55,106
Outstanding Balance
$16,651
Interest Rate
4.44%
Mortgage Type
Commercial
Estimated Equity
$894,186
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
Galvan Mark J $55,000 Grand Island Abstract Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Galvan Mark J $55,106
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2018 04/25/18 Sold $55,000 +10.2% --
03/24/2018 03/24/18 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 $11,709 $856,669 $40,595 $816,074
2023 $16,195 $925,293 $40,595 $884,698
2022 $11,220 $581,427 $37,500 $543,927
2021 $11,372 $581,427 $37,500 $543,927
2020 $12,095 $599,669 $37,500 $562,169
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: 20161004

APN: 400418937

Nebraska Hall County Grand Island 68801

1707 Rainbow Rd, Grand Island, NE

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