NOT LISTED FOR SALE

1905 Rainbow Rd Grand Island, NE 68801

Estimated Value: $619,000 - $740,717

5 Beds
5 Baths
1,998 Sq Ft
$333/Sq Ft Est. Value

Last Sold March 29, 2024

Last sale price $650,000 $325 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,306/month

36 Days on Market

Highlights

  • 0.8 Acre Lot
  • Home Office
  • Skylights
  • Ranch Style House
  • Covered Patio or Porch
  • 4 Car Attached Garage

About This Home

As of March 2024

You will love this open concept, modern 5 bedroom, 5 bath home with a 4 car attached garage (heated and cooled) built in 2019 and a 70 x 40 detached garage/shop! Kitchen has 12' island, quartz counter tops, 2 sinks and 2 dishwashers. Primary bd with bath, main floor laundry, gas fireplace. Basement has 10' ceilings. Covered front and back porch, UGS on a .8 acre lot.

Last Agent to Sell the Property

Chris Schwieger

Woods Bros Realty License #20030069 Listed on: 01/28/2024

Woods Bros Realty

Last Buyer's Agent

Chris Schwieger

Woods Bros Realty License #20030069 Listed on: 01/28/2024

Woods Bros Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,610

Year Built

  • Built in 2019

Lot Details

  • 0.8 Acre Lot
  • Lot Dimensions are 102.54 x 338.87
  • Landscaped
  • Sprinklers on Timer
  • Property is zoned LLR

Parking

  • 4 Car Attached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,998 Sq Ft Home
  • Skylights
  • Gas Fireplace
  • Blinds
  • Living Room with Fireplace
  • Open Floorplan
  • Home Office

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Laundry in Kitchen

Partially Finished Basement

  • Partial Basement
  • Sump Pump
  • Crawl Space

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Covered Patio or Porch
  • Shed

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 400418920

Community Details

Overview

  • Trail View Estates Subdivision

Building Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,610

Year Built

Built in 2019

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.8
  • Lot Size: 102.54 x 338.87
  • Road Surface Type: Paved
  • Subdivision Name: Trail View Estates
  • Above Grade Finished Sq Ft: 1998
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 2019
  • Kitchen Level: Main
  • Special Features: None

Interior Features

  • Appliances: Electric Range, Dishwasher, Refrigerator, Microwave, Water Softener Owned, Other Water Heater
  • Has Basement: Partial, Crawl Space, Partially Finished, Sump Pump
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1598
  • Fireplace Features: Living Room, One, Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Interior Amenities: Master Bath, Office
  • Living Area: 1998
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 3
  • Window Features: Blinds, Skylight(s)
  • Room Office Area: 97.5
  • Room Kitchen Area: 246.5972
  • Room Office Level: Basement
  • Room Bedroom2 Area: 157.7222
  • Room Bedroom3 Area: 175.1181
  • Room Bedroom4 Area: 121.6319
  • Room Bedroom5 Area: 159
  • Room Bedroom2 Level: Main
  • Room Bedroom3 Level: Main
  • Room Bedroom4 Level: Basement
  • Room Bedroom5 Level: Basement
  • Room Dining Room Area: 357.0139
  • Room Family Room Area: 474.7361
  • Room Living Room Area: 511.5972
  • Dining Room Dining Room Level: Main
  • Room Family Room Level: Basement
  • Room Kitchen Features: Electric Range, Dishwasher, Refrigerator, Microwave, Other-See Remarks
  • Living Room Living Room Level: Main
  • Room Master Bedroom Area: 186.7153
  • Dining Room Features: Living/Dining Combo, Kitchen/Dining Combo, Other-See Remarks
  • Family Room Features: Carpet, Tile
  • Living Room Features: Fireplace, Other-See Remarks
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Master Bedroom Width: 13.4167

Exterior Features

  • Lot Features: Automatic Sprinkler, Established Yard
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Frame, Wood Siding, Fiber Cement
  • Exterior Features: Rain Gutters
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio, Covered Patio
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Parking Features: Garage Door Opener, 4 Car, Attached
  • Total Parking Spaces: 4

Utilities

  • Laundry Features: Main Level, Off Kitchen, Electric
  • Security: Smoke Detector(s), Carbon Monoxide Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas Forced Air
  • Heating Yn: Yes
  • Utilities: Water Connected, Sewer Connected, Natural Gas Connected, Electricity Connected

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Fee Information

  • Annual Fuel Expense: 112

Schools

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

Lot Info

  • Lot Size Sq Ft: 34848
  • Farm Land Area Units: Square Feet
  • Parcel #: 400418920
  • Zoning: LLR
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Electric Expense: 521.92
  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 12609.88
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2024
Closed on
Mar 13, 2024
Sold by
Johnson Joshua C and Johnson Laura R
Bought by
Arends Noah M
Seller's Agent
Chris Schwieger
Woods Bros Realty
Buyer's Agent
Chris Schwieger
Woods Bros Realty
List Price
$750,000
Sold Price
$650,000
Premium/Discount to List
-$100,000
-13.33%
Views
289
Current Estimated Value
$665,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,929
Avg. Annual Appreciation
1.53%
Original Mortgage
$520,000
Outstanding Balance
$511,544
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$154,385

Purchase Details

Listed on
Nov 9, 2016
Closed on
Nov 7, 2018
Sold by
Ssb Development Llc
Bought by
Johnson Joshua C and Johnson Laura R
Buyer's Agent
Chris Schwieger
Woods Bros Realty
List Price
$49,900
Sold Price
$62,500
Premium/Discount to List
$12,600
25.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
54.41%
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
Arends Noah M $650,000 Nebraska Title Company
Johnson Joshua C $63,000 Grand Island Abstract Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arends Noah M $520,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/29/2024 03/29/24 Sold $650,000 0.0% $325 / Sq Ft
03/06/2024 03/06/24 Pending -- -- --
02/06/2024 02/06/24 Price Changed $650,000 -13.3% $325 / Sq Ft
01/29/2024 01/29/24 For Sale $750,000 +1100.0% $375 / Sq Ft
11/09/2018 11/09/18 Sold $62,500 +25.3% -- View Prior Sale
10/06/2018 10/06/18 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 $9,639 $698,289 $41,449 $656,840
2023 $12,610 $720,456 $41,449 $679,007
2022 $9,970 $516,613 $37,500 $479,113
2021 $10,104 $516,613 $37,500 $479,113
2020 $10,557 $516,613 $37,500 $479,113
2019 $460 $22,500 $22,500 $492,094
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

Agents Affiliated with this Home

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Map

Source: Grand Island Board of REALTORS®

MLS Number: 20240100

APN: 400418920