NOT LISTED FOR SALE

225 Rainbow Dr Florahome, FL 32140

Estimated Value: $213,052 - $255,000

3 Beds
2 Baths
1,536 Sq Ft
$155/Sq Ft Est. Value

Last Sold June 03, 2021

Last sale price $142,000 $92 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $1,473/month

3 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Central Heating and Cooling System

About This Home

As of June 2021

HUD Case #091~421717. HUD owned property, sold As Is. Wonderful open floor plan! Large kitchen with a breakfast bar and ample cabinet space for storage. Nice sized utility room that can be entered from both inside the home or via the carport. Large bedrooms, guest bath is a tub/shower combination. Master bath boasts a jetted tub! Additional room could be utilized as a bonus room or office. The deck out back is the perfect place to cook out, entertain and enjoy the partial lake view! Beautiful shade trees on the property, a nice quiet neighborhood, there is so much to love about this great home! Quick response to all offers, no short sale hassles. $100 down payment program available to owner occupant buyers. Equal Housing Opportunity.

Last Agent to Sell the Property

Meichelle Buck

TEAM FLORIDA REALTY SERVICES INC License #3041596 Listed on: 04/16/2021

Last Buyer's Agent

NON MLS

NON MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,170

Year Built

  • Built in 1999

Lot Details

  • 0.45

Parking

  • 1 Carport Space

Home Design

  • 1,536 Sq Ft Home
  • Traditional Architecture

Kitchen

  • Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Melrose Elementary School
  • C. H. Price Middle School
  • Interlachen High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Georges Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 180825511090800060

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,170

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Attached Yn: No
  • New Construction: No
  • Year Built: 1999
  • Property Sub Type: Single Family Residence
  • Subdivision Name: Georges Lake
  • Architectural Style: Traditional
  • General Property Information Living Area2: 1536.0
  • General Property Information Waterfront YN: No
  • General Property Information New Construction YN: No
  • General Property Information Carport Spaces2: 1.0
  • Cooling Central Air: Yes
  • Architectural Style Traditional: Yes
  • Appliances Refrigerators: Yes
  • Water Source Well: Yes
  • Special Features: None

Interior Features

  • Major Appliances: Electric Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1536.0
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Range: Yes

Exterior Features

  • Waterfront: No
  • Pool Features: Above Ground

Garage/Parking

  • Carport Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association Fee Frequency: One Time
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Fee Frequency: One Time

Schools

  • Elementary School: Melrose
  • High School: Interlachen
  • Middle Or Junior School: C. H. Price

Lot Info

  • Current Use: Residential
  • Parcel #: 180825511090800060

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2021
Closed on
Jun 3, 2021
Sold by
Crane John
Bought by
Wallace Erin Elliott
Seller's Agent
Meichelle Buck
TEAM FLORIDA REALTY SERVICES INC
Buyer's Agent
NON MLS
NON MLS
List Price
$144,900
Sold Price
$142,000
Premium/Discount to List
-$2,900
-2%
Current Estimated Value
$237,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,513
Avg. Annual Appreciation
12.93%
Original Mortgage
$120,700
Outstanding Balance
$101,390
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$136,123

Purchase Details

Listed on
Mar 4, 2014
Closed on
May 16, 2014
Sold by
Secretary Of Housing & Urban Development
Bought by
Crane John
Seller's Agent
JARRETT WEST
1 ABLE REALTY LLC
Buyer's Agent
BONNIE CLAY
MODERN REALTY OF FLORIDA
List Price
$49,500
Sold Price
$47,000
Premium/Discount to List
-$2,500
-5.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.98%
Original Mortgage
$44,500
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2013
Sold by
Bank Of America Na
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Nov 6, 2013
Sold by
Wheary Brian
Bought by
Bank Of America Na

Purchase Details

Closed on
Jan 30, 2004
Sold by
Tatum April M
Bought by
Wheary Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,700
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage
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
Wallace Erin Elliott $142,000 Gullett Ttl Of Interlachen I
Crane John $47,000 Gullett Title Llc
Secretary Of Housing & Urban Development -- Attorney
Bank Of America Na -- Attorney
Wheary Brian $77,700 Gullett Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elliott Wallace Erin $11,500
Open Wallace Erin Elliott $120,700
Previous Owner Crane John $16,000
Previous Owner Crane John $44,500
Previous Owner Wheary Brian $142,100
Previous Owner Wheary Brian $20,000
Previous Owner Wheary Brian $73,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2023 12/17/23 Off Market $47,000 -- --
12/17/2023 12/17/23 Off Market $142,000 -- --
06/03/2021 06/03/21 Sold $142,000 -2.0% $92 / Sq Ft
04/19/2021 04/19/21 Pending -- -- --
04/16/2021 04/16/21 For Sale $144,900 +208.3% $94 / Sq Ft
05/16/2014 05/16/14 Sold $47,000 -5.1% $31 / Sq Ft
03/26/2014 03/26/14 Pending -- -- --
03/04/2014 03/04/14 For Sale $49,500 -- $32 / Sq Ft
Source: realMLS (Northeast Florida Multiple Listing Service)

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 $2,170 $157,960 -- --
2023 $2,101 $153,360 $0 $0
2022 $1,985 $148,900 $5,250 $143,650
2021 $971 $83,570 $0 $0
2020 $937 $79,910 $0 $0
2019 $948 $78,120 $77,200 $920
2018 $941 $76,670 $75,750 $920
2017 $933 $75,100 $74,180 $920
2016 $917 $73,560 $0 $0
2015 $933 $73,739 $0 $0
2014 $1,679 $74,791 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 1085623

realMLS (Northeast Florida Multiple Listing Service)

APN: 18-08-25-5110-9080-0060