NOT LISTED FOR SALE

1721 Rainbow Ave Sebring, FL 33870

Estimated Value: $130,000 - $163,000

3 Beds
2 Baths
936 Sq Ft
$159/Sq Ft Est. Value

Last Sold October 25, 2017

Last sale price $75,000 $80 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $999/month

16 Days on Market

Highlights

  • Patio
  • Central Heating and Cooling System
  • 1-Story Property
  • Tile Flooring
  • Ceiling Fan

About This Home

As of October 2017

INVESTORS!!! Tenant is in place, long term and happy! Remodeled home with granite counters. Excellent shape. Three bedrooms/Two baths. Great condition. Contact listing agent for terms on tenant.

Last Agent to Sell the Property

Rick Buntenbach

RE/MAX REALTY PLUS License #3271757 Listed on: 09/01/2017

RE/MAX REALTY PLUS

Last Buyer's Agent

Rick Buntenbach

RE/MAX REALTY PLUS License #3271757 Listed on: 09/01/2017

RE/MAX REALTY PLUS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $938

Year Built

  • Built in 1960

Lot Details

  • 9,000 Sq Ft Lot
  • Lot Dimensions are 60 x 150

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 936 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Single Hung Windows
  • Blinds
  • Tile Flooring

Kitchen

  • Oven
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • On-Street Parking

Additional Features

  • Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number S-33-34-29-100-1520-0260

Home Details

Home Type

Single Family

Est. Annual Taxes

$938

Year Built

Built in 1960

Lot Details

9,000 Sq Ft Lot

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.207
  • Lot Size: 60 X 150
  • Road Surface Type: Paved
  • Directions: Sebring- take 27 to Lakeview Dr. to Right on Kenilworth Blvd. to Right on Rainbow Ave.
  • Architectural Style: One Story
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1960
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Tile
  • Interior Amenities: Ceiling Fan(s), Window Treatments
  • Living Area: 936.0
  • Window Features: Single Hung, Blinds

Exterior Features

  • Pool Features: None
  • Construction Type: Block, Concrete
  • Exterior Features: Patio
  • Patio And Porch Features: Patio
  • 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

Lot Info

  • Lot Size Sq Ft: 9000.0
  • Additional Parcels Description: ,,
  • Additional Parcels: No
  • Parcel #: S-33-34-29-100-1520-0260

Multi Family

  • Number Of Units Total: 1

Tax Info

  • Tax Annual Amount: 938.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 21, 2022
Sold by
C Management Services Inc
Bought by
Rosario Carlos
Current Estimated Value
$148,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Outstanding Balance
$91,181
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$57,724

Purchase Details

Listed on
Sep 1, 2017
Closed on
Oct 25, 2017
Sold by
Raibow 1721 Llc
Bought by
C Management Services Inc
Seller's Agent
Rick Buntenbach
RE/MAX REALTY PLUS
Buyer's Agent
Rick Buntenbach
RE/MAX REALTY PLUS
List Price
$75,000
Sold Price
$75,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.50%
Original Mortgage
$52,500
Interest Rate
3.78%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 11, 2015
Closed on
Mar 14, 2016
Sold by
Altarac Darren
Bought by
Rainbowl1721 Llc
Seller's Agent
Melissa Debono
ALL ABOUT REALTY-LK PLACID
Buyer's Agent
Rick Buntenbach
RE/MAX REALTY PLUS
List Price
$69,900
Sold Price
$58,000
Premium/Discount to List
-$11,900
-17.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.97%

Purchase Details

Listed on
Nov 11, 2015
Closed on
Mar 7, 2016
Sold by
1721 Rainbow Ave Llc
Bought by
Altarac Darren
Seller's Agent
Melissa Debono
ALL ABOUT REALTY-LK PLACID
Buyer's Agent
Rick Buntenbach
RE/MAX REALTY PLUS
List Price
$69,900
Sold Price
$58,000
Premium/Discount to List
-$11,900
-17.02%

Purchase Details

Listed on
Aug 14, 2015
Closed on
Oct 8, 2015
Sold by
Meek Keith Alan
Bought by
1721 Rainbow Ave Llc
Seller's Agent
David Hazellief
C 21 HAZELLIEF & PREVATT RLTY
Buyer's Agent
Sharon Prevatt
C 21 HAZELLIEF & PREVATT RLTY
List Price
$22,900
Sold Price
$19,255
Premium/Discount to List
-$3,645
-15.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
944.49%

Purchase Details

Listed on
Aug 14, 2015
Closed on
Sep 8, 2015
Sold by
Bank Of America Na
Bought by
Meek Keith Alan
Seller's Agent
David Hazellief
C 21 HAZELLIEF & PREVATT RLTY
Buyer's Agent
Sharon Prevatt
C 21 HAZELLIEF & PREVATT RLTY
List Price
$22,900
Sold Price
$19,255
Premium/Discount to List
-$3,645
-15.92%

Purchase Details

Closed on
Jul 4, 2015
Sold by
Hines Joseph
Bought by
Bank Of America Na

Purchase Details

Closed on
Jul 2, 2007
Sold by
Palchik Stephen S
Bought by
Friedman Mitchell and Brakas Land Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 2007
Sold by
Friedman Mitchell
Bought by
Hines Joseph and Hines Rikki Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2005
Sold by
Palchik Stephen S
Bought by
Friedman Mitchell

Purchase Details

Closed on
May 9, 2005
Sold by
Delaney Constance Moore
Bought by
Palchik Stephen S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rosario Carlos -- New Title Company Name
C Management Services Inc $75,000 Attorney
Rainbowl1721 Llc -- Attorney
Altarac Darren $58,000 Attorney
1721 Rainbow Ave Llc -- Attorney
Meek Keith Alan $19,255 Servicelink Llc
Bank Of America Na -- Attorney
Friedman Mitchell -- A+ Abstract & Title Co Inc
Hines Joseph $84,000 A+ Abstract & Title Co Inc
Friedman Mitchell $40,000 South Ridge Abstract & Title
Palchik Stephen S $26,200 South Ridge Abstract & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosario Carlos $97,500
Previous Owner C Management Services Inc $52,500
Previous Owner Friedman Mitchell $84,000
Previous Owner Hines Joseph $84,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/25/2017 10/25/17 Sold $75,000 0.0% $80 / Sq Ft
09/18/2017 09/18/17 Pending -- -- --
09/01/2017 09/01/17 For Sale $75,000 +29.3% $80 / Sq Ft
03/07/2016 03/07/16 Sold $58,000 -17.0% $62 / Sq Ft View Prior Sale
02/22/2016 02/22/16 Pending -- -- --
11/12/2015 11/12/15 For Sale $69,900 +263.0% $75 / Sq Ft
09/18/2015 09/18/15 Sold $19,255 -15.9% $20 / Sq Ft View Prior Sale
09/01/2015 09/01/15 Pending -- -- --
08/13/2015 08/13/15 For Sale $22,900 -- $24 / Sq Ft
Source: Heartland Association of REALTORS®

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 $2,594 $105,615 $4,500 $101,115
2024 $2,594 $113,043 $3,000 $110,043
2023 $2,510 $108,808 $3,000 $105,808
2022 $1,816 $98,735 $3,000 $95,735
2021 $1,592 $69,061 $3,000 $66,061
2020 $1,379 $58,053 $0 $0
2019 $1,263 $50,240 $0 $0
2018 $1,328 $53,931 $0 $0
2017 $931 $34,649 $0 $0
2016 $939 $35,125 $0 $0
2015 $354 $32,204 $0 $0
2014 $326 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland Association of REALTORS®

MLS Number: 244446

Heartland Association of REALTORS®

APN: S-33-34-29-100-1520-0260

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