NOT LISTED FOR SALE

2002 Rainbow Ln Lima, NY 14485

Estimated Value: $297,000 - $331,000

3 Beds
2.5 Baths
1,872 Sq Ft
$166/Sq Ft Est. Value

Last Sold November 09, 2015

Last sale price $179,900 $96 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,489/month

25 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Formal Dining Room
  • Manor Intermediate School Rated A
  • Home Office
  • 2 Car Attached Garage

About This Home

As of November 2015

LOCATION, LOCATION, LOCATION! Desirable village location in Lima. Spacious landscaped lot with a nice deck, shed and an authentic log home playhouse for the kids. The flooring has been updated throughout and freshly painted. Very nice wood burning frplc for the colder seasons and a full finished basement with an egress window for additional living space. There is outside electric hooked up by a 2nd deck for an above ground pool. Sellers will provide a 1-year Home Trust Warranty for the buyers! ONLY HOUSE IN THE SUBDIVISION FOR SALE.

Last Agent to Sell the Property

Sue Lodico

Listing by RE/MAX Hometown Choice License #30LO0893594 Listed on: 08/14/2015

Last Buyer's Agent

Rick Leasure

Listing by Howard Hanna License #30LE1170357

Howard Hanna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,627

Year Built

  • Built in 1988

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 194 x 100

Home Design

  • Colonial Architecture
  • Block Foundation
  • Partial Copper Plumbing
  • Vinyl Construction Material

Interior Spaces

  • 1,872 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Drapes & Rods
  • Living Room
  • Formal Dining Room
  • Home Office

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Shed

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 243201-037-017-0001-004-041-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,627

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Additional Structures: Shed/Storage
  • Age: 27
  • NY Swis Code: Lima-Village-243201
  • Total Assessed Value: 160400
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 194
  • Lot Dimension Front: 100
  • Lot Information: Neighborhood Street
  • L P Per Acre: 399777.7800
  • List Price per Sq Ft: 96.1004
  • Nearest Cross Street: Meadow View/Michigan
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 399777.78
  • Ratio Close Price By Sq Ft: 96.10
  • Ratio List Price By Acres: 399777.78
  • Ratio List Price By Sq Ft: 96.10
  • Regional Board Code: Rochester
  • Regional Board Number: 6385
  • School Tax: 3933
  • Sale Price List Price: 1.0000
  • S P Per Acre: 399777.7800
  • S P Per Sq Ft: 96.1000
  • Styles of Residence: Colonial
  • Sub Board Code: Rochester
  • Type of Sale: Normal
  • Value Range Search Low Price: 179900.00
  • Village: Lima-Village
  • Year Built Description: Existing
  • Age of Building: 34
  • Year Built: 1988
  • Directions To Property: Heading west on 5 & 20 at the light in the center of town, turn left onto Michigan Ave, left onto Meadow View and right on Rainbow Lane. House is on the right.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1988

Interior Features

  • Full Bathrooms: 2
  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Copper Plumbing - Some, Drapes - Some
  • Additional Rooms: Den/Study, Foyer/Entry Hall, Laundry-Basement, Living Room, Master Bedroom Bath, Office, Possible Additional Bedroom
  • Attic Description: Crawl Space
  • Basement Description: Finished, Full
  • Floor Description: Ceramic-Some, Laminate-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Cooktop - Gas, Dishwasher, Dryer, Refrigerator, Washer
  • Kitchen Dining Description: Eat-In, Formal Dining Room
  • Number of Bedrooms 2nd Floor: 3
  • Number of Fireplaces Total Calculated: 1
  • Number of Fireplaces Woodburning: 1
  • Number of 2nd Floor Full Bathrooms: 2
  • Number of 1st Floor Half Bathrooms: 1
  • Number of Rooms: 8
  • Half Bathrooms: 1
  • Total Bathrooms: 2.10
  • Total Bedrooms: 3
  • Total Sq Ft: 1872

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Cable TV Available, Deck, Garage Door Opener, High Speed Internet
  • Number of Acres: 0.4500

Garage/Parking

  • Driveway Description: Blacktop, Double Wide
  • Garage Description: Attached
  • Number of Garage Spaces: 2.0000

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Honeoye Falls-Lima

Lot Info

  • Parcel Number: 243201-037-017-0001-004-041-0000

Tax Info

  • Total Taxes: 6627

MLS Schools

  • School District Name: Honeoye Falls-Lima

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2015
Closed on
Oct 28, 2015
Sold by
Newville Brian D and Newville Tammy J
Bought by
Tubbs Nicholas and Tubbs Kari
Seller's Agent
Sue Lodico
RE/MAX Hometown Choice
Buyer's Agent
Rick Leasure
Howard Hanna
List Price
$184,900
Sold Price
$179,900
Premium/Discount to List
-$5,000
-2.7%
Current Estimated Value
$310,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,069
Avg. Annual Appreciation
5.82%
Original Mortgage
$170,905
Outstanding Balance
$136,658
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$174,311

Purchase Details

Closed on
May 20, 1997
Sold by
Cusack Michael B and Cusack Tommasina
Bought by
Newville Brian D and Newville Tammy J

Purchase Details

Closed on
Jun 20, 1995
Sold by
Martin Steven P Martin Negin P
Bought by
Cusack Michael B and Cusack Tommasina

Purchase Details

Closed on
Mar 16, 1995
Source: Public Records

Range of Values:

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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
Tubbs Nicholas $179,900 --
Newville Brian D $127,500 --
Cusack Michael B $117,000 --
-- $117,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tubbs Nicholas $170,905
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2015 11/09/15 Sold $179,900 -2.7% $96 / Sq Ft
09/08/2015 09/08/15 Pending -- -- --
08/14/2015 08/14/15 For Sale $184,900 -- $99 / Sq Ft
Source: Upstate New York Real Estate Information Services (UNYREIS)

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 $9,248 $240,500 $31,200 $209,300
2023 $7,676 $228,600 $31,200 $197,400
2022 $7,803 $228,600 $31,200 $197,400
2021 $7,777 $181,600 $28,100 $153,500
2020 $7,729 $181,600 $28,100 $153,500
2019 $7,416 $181,600 $28,100 $153,500
2018 $7,416 $181,600 $28,100 $153,500
2017 $6,901 $160,400 $20,200 $140,200
2016 $6,865 $160,400 $20,200 $140,200
2015 -- $160,400 $20,200 $140,200
2014 -- $160,400 $20,200 $140,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upstate New York Real Estate Information Services (UNYREIS)

MLS Number: R281559

Upstate New York Real Estate Information Services (UNYREIS)

APN: 243201-037-017-0001-004-041-0000