NOT LISTED FOR SALE

2104 Rainbow Rd Grand Island, NE 68801

Estimated Value: $505,000 - $722,000

5 Beds
3 Baths
1,670 Sq Ft
$378/Sq Ft Est. Value

Last Sold March 17, 2021

Last sale price $537,500 $322 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,042/month

233 Days on Market

Highlights

  • Waterfront
  • Ranch Style House
  • Home Office
  • Covered Deck
  • Wood Flooring
  • Covered Patio or Porch

About This Home

As of March 2021

Over 3,000sqft of finished living space ($182.93 per sq foot) in this custom, one owner home at Rainbow Lake, with beautiful views from every room in the house! It features four bedrooms + a fifth bedroom/office. Solid hickory floors; travertine & porcelain tile; the bedrooms & family room have plush carpet. The kitchen & living room have a soaring vaulted ceiling. Lake Living!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,016

Year Built

  • Built in 2011

Lot Details

  • Waterfront
  • Landscaped
  • Sprinklers on Timer

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Brick or Stone Mason
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,670 Sq Ft Home
  • Bar
  • Gas Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Home Office
  • Workshop
  • Home Security System
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Drainage System
  • Sump Pump

Outdoor Features

  • Covered Deck
  • Covered Patio or Porch
  • Shed
  • Outdoor Grill

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Well
  • Gas Water Heater
  • Water Softener is Owned
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 400369826

Community Details

Overview

  • Rainbow Lake Subdivision

Building Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,016

Year Built

Built in 2011

Lot Details

0

HOA Fees

$125 per month

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: Irregular
  • Road Frontage Type: Sidewalk
  • Road Surface Type: Paved
  • Subdivision Name: Rainbow Lake
  • Above Grade Finished Sq Ft: 1670
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 2011
  • Kitchen Level: Main
  • Special Features: None

Interior Features

  • Appliances: Microwave, Gas Range, Range Hood, Dishwasher, Disposal, Refrigerator, Water Softener Owned, Gas Water Heater
  • Has Basement: Full, Finished, Walk-Out Access, Sump Pump, Drain Tile
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1670
  • Fireplace Features: Living Room, One, Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood, Carpet
  • Interior Amenities: Master Bath, Workshop, Office, Walk-In Closet(s)
  • Living Area: 1670
  • Main Level Bedrooms: 3
  • Window Features: All Window Coverings
  • Room Office Area: 106.95
  • Room Kitchen Area: 176
  • Room Office Level: Main
  • Room Bedroom2 Area: 115.254
  • Room Bedroom3 Area: 134.31
  • Room Bedroom4 Area: 142.551
  • Room Bedroom2 Level: Main
  • Room Bedroom3 Level: Basement
  • Room Bedroom4 Level: Basement
  • Room Dining Room Area: 111
  • Room Family Room Area: 498.41
  • Room Living Room Area: 340.28
  • Dining Room Dining Room Level: Main
  • Room Family Room Level: Basement
  • Room Kitchen Features: Microwave, Wood, Gas Range, Pantry, Range Hood, Dishwasher, Garbage Disposal, Refrigerator, Eat-in
  • Living Room Living Room Level: Main
  • Room Master Bedroom Area: 190.43
  • Dining Room Features: Kitchen/Dining Combo, Wood
  • Family Room Features: Bar, Carpet
  • Living Room Features: Fireplace, Wood, Carpet
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Master Bedroom Width: 13.7

Exterior Features

  • Lot Features: Automatic Sprinkler, Established Yard, Good Quality Landscaping
  • Waterfront: Yes
  • Home Warranty: No
  • Construction Type: Frame, Brick, Vinyl Siding
  • Exterior Features: Rain Gutters, Barbecue
  • Other Structures: Shed(s)
  • Patio And Porch Features: Covered Deck, Deck, Patio, Covered Patio
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Parking Features: Garage Door Opener, 3 Car, Attached
  • Total Parking Spaces: 3

Utilities

  • Laundry Features: Main Level, Electric
  • Security: Security System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric Forced Air
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Natural Gas Connected, Cable Available, Electricity Connected
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 125
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Annual Fuel Expense: 14.84

Schools

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

Lot Info

  • Farm Land Area Units: Square Feet
  • Parcel #: 400369826
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Electric Expense: 175.82
  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 7016
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2020
Closed on
Mar 8, 2021
Sold by
Score William R and Score Dianne K
Bought by
Dotson Varnes Kaye E and Varnes Lawrence B
List Price
$615,000
Sold Price
$537,500
Premium/Discount to List
-$77,500
-12.6%
Current Estimated Value
$630,479

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,979
Avg. Annual Appreciation
3.51%
Original Mortgage
$430,000
Outstanding Balance
$385,465
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$245,015

Purchase Details

Closed on
May 15, 2011
Sold by
Ptthoff Lance D and Ptthoff Kristy
Bought by
Score William R and Score Dianne K

Purchase Details

Closed on
Jul 27, 2001
Sold by
Otto Laurence D
Bought by
Potthoff Lance D and Potthoff Kristy

Purchase Details

Closed on
May 16, 2001
Sold by
Otto Rex J H
Bought by
Otto Laurence D
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
Dotson Varnes Kaye E $538,000 Nebraska Title Company
Score William R $70,000 --
Potthoff Lance D $30,000 --
Otto Laurence D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dotson Varnes Kaye E $430,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2021 03/17/21 Sold $537,500 -12.6% $322 / Sq Ft
02/12/2021 02/12/21 Pending -- -- --
06/23/2020 06/23/20 For Sale $615,000 -- $368 / Sq Ft
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 $7,195 $519,894 $53,045 $466,849
2023 $9,272 $529,722 $53,045 $476,677
2022 $8,535 $442,268 $42,500 $399,768
2021 $7,452 $381,001 $42,500 $338,501
2020 $6,842 $381,001 $42,500 $338,501
2019 $7,015 $343,223 $42,227 $300,996
2017 $6,877 $328,890 $42,227 $286,663
2016 $5,739 $285,694 $42,227 $243,467
2015 $5,825 $285,694 $42,227 $243,467
2014 $5,567 $263,561 $42,227 $221,334
Source: Public Records

Map

Source: Grand Island Board of REALTORS®

MLS Number: 20200557

APN: 400369826

Nebraska Hall County Grand Island 68801

2104 Rainbow Rd, Grand Island, NE

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