NOT LISTED FOR SALE

2227 Rainbow Dr Houston, TX 77023

Lawndale-Wayside Neighborhood

Estimated Value: $231,000 - $302,000

3 Beds
2 Baths
1,316 Sq Ft
$197/Sq Ft Est. Value

Last Sold October 16, 2020

Current estimated payment $1,648/month

38 Days on Market

Highlights

  • Contemporary Architecture
  • Converted Garage
  • 1 Car Attached Garage
  • Private Yard
  • Family Room Off Kitchen
  • 1-Story Property

About This Home

As of October 2020

Open floor plan with a modern feel. Absolutely beautiful inside and out! 3 bedroom, 2 full baths conveniently located near I-45. Minutes from The University of Houston. Recently painted and completely renovated inside and out...New shingle, new AC system, new flooring, brand new electrical wire system and plumbing,Breath taking kitchen with new cabinets and beautiful granite counter tops. Bathrooms have been completely re-done top to bottom and every room have been completely painted. Huge master with large beautiful bedroom. All room sizes are approximate. All measurements must be verified to buyers satisfaction*** House didn’t flood during Harvey.

Last Agent to Sell the Property

Miguel Chapa

Central Metro Realty License #0557248 Listed on: 08/08/2020

Last Buyer's Agent

Rachel Tanguma

INNOVA Realty Group License #0562698

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,965

Year Built

  • Built in 1941

Lot Details

  • 5,380 Sq Ft Lot
  • Private Yard

Parking

  • 1 Car Attached Garage
  • Converted Garage

Home Design

  • Contemporary Architecture
  • Traditional Architecture
  • Block Foundation
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 1,316 Sq Ft Home
  • 1-Story Property
  • Family Room Off Kitchen
  • Laminate Flooring
  • Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Southmayd Elementary School
  • Deady Middle School
  • Austin High School

Utilities

  • Central Heating and Cooling System

Community Details

  • Marlo Place Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,965

Year Built

Built in 1941

Lot Details

0

Parking

1

Listing Details

  • Directions: 45 N ,Exit Griggs rd Right on Griggs left on Rainbow
  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Year Built: 1941
  • Lot Size Acres: 0.1235
  • Ownership: Full Ownership
  • Subdivision Name: Marlo Place
  • Architectural Style: Contemporary/Modern, Traditional
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Special Features: None

Interior Features

  • Appliances: Electric Range
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Laminate
  • Interior Amenities: Kitchen/Family Room Combo
  • Living Area: 1316.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: Seller Disclosure
  • Roof: Composition
  • Lot Features: Subdivision
  • Pool Private: No
  • Construction Type: Cement Siding
  • Exterior Features: Private Yard
  • Foundation Details: Block

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Converted Garage, Garage

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: SOUTHMAYD ELEMENTARY SCHOOL
  • Junior High Dist: 27 - Houston
  • High School: AUSTIN HIGH SCHOOL (HOUSTON)
  • Middle Or Junior School: DEADY MIDDLE SCHOOL

Lot Info

  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1965.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2020
Closed on
Oct 16, 2020
Sold by
Chapa Manuel
Bought by
Varela Otilia
Seller's Agent
Miguel Chapa
Central Metro Realty
Buyer's Agent
Rachel Tanguma
INNOVA Realty Group
List Price
$198,850
Current Estimated Value
$259,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.44%
Original Mortgage
$186,558
Outstanding Balance
$166,766
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$79,252

Purchase Details

Closed on
Mar 17, 2008
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Chapa Manuel

Purchase Details

Closed on
Apr 3, 2007
Sold by
Quinteros Concepcion A
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 31, 2006
Sold by
Aleman John V and Aleman Christie C
Bought by
Quinteros Concepcion A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 25, 1999
Sold by
Gomez Anthony Richard
Bought by
Aleman John and Aleman Christie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,700
Interest Rate
7.65%
Source: Public Records

Range of Values:

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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
Varela Otilia -- None Available
Chapa Manuel -- Fidelity National Title
Federal Home Loan Mortgage Corporation $66,603 None Available
Quinteros Concepcion A -- First American Title
Aleman John -- Texas American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Varela Otilia $186,558
Closed Varela Olivia $7,462
Previous Owner Quinteros Concepcion A $90,000
Previous Owner Aleman John $14,000
Previous Owner Aleman John $38,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2020 10/16/20 Sold -- -- --
09/16/2020 09/16/20 Pending -- -- --
08/08/2020 08/08/20 For Sale $198,850 -- $151 / Sq Ft
Source: Houston Association 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 $2,841 $221,228 $65,206 $156,022
2023 $2,841 $279,681 $65,206 $214,475
2022 $5,578 $237,173 $65,206 $171,967
2021 $5,074 $217,713 $38,037 $179,676
2020 $1,965 $76,400 $38,037 $38,363
2019 $2,048 $76,400 $38,037 $38,363
2018 $2,151 $85,000 $38,037 $46,963
2017 $2,267 $84,651 $29,886 $54,765
2016 $1,915 $71,500 $29,886 $41,614
2015 $1,671 $51,486 $27,169 $24,317
2014 $1,671 $65,000 $27,169 $37,831
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Miguel Chapa

    Central Metro Realty

    (832) 435-9172

    1 in this area

    10 Total Sales

    Miguel Chapa
    Section Image

  • R

    Buyer's Agent in 2020

    Rachel Tanguma

    INNOVA Realty Group

    (713) 478-4424

    1 in this area

    30 Total Sales

    Rachel Tanguma
    Section Image
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Map

Source: Houston Association of REALTORS®

MLS Number: 14908384

Houston Association of REALTORS®

APN: 0700430010012

Texas Harris County Houston 77023 Lawndale-Wayside

2227 Rainbow Dr, Houston, TX

This home is located at 2227 Rainbow Dr, Houston, TX 77023 since 08 August 2020 and is currently estimated at $259,397, approximately $197 per square foot. This property was built in 1941. 2227 Rainbow Dr is a home located in Harris County with nearby schools including Southmayd Elementary School, Austin High School, and Houston Gateway Academy - Coral Campus.

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The information provided is exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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