NOT LISTED FOR SALE

25035 Rainbow Dr Olmsted Falls, OH 44138

Estimated Value: $739,000 - $898,000

5 Beds
3 Baths
3,857 Sq Ft
$213/Sq Ft Est. Value

Last Sold April 05, 2024

Last sale price $775,000 $201 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,092/month

5 Days on Market

Highlights

  • Heated In Ground Pool
  • River View
  • Open Floorplan
  • Falls-Lenox Primary Elementary School Rated A-
  • 1.83 Acre Lot
  • Deck

About This Home

As of April 2024

Don't miss the chance to own a piece of paradise at the end of the Rainbow! This California contemporary home, boasting 5 beds and 3 baths, is nestled on the Rocky River in Olmsted Township, bordering the Cleveland Metroparks. With two spacious living areas featuring fireplaces and river views, along with two full kitchens, this home seamlessly blends modern luxury with functionality. The top floor hosts a vast master suite and an additional room that can be a fifth bedroom or an office. Set on a 1.83-acre treed property, the home includes a pool and a hot tub - an ideal retreat for enjoying summer weather while surrounded by the river's soothing sounds. Ample parking is provided by a paver stone driveway and multiple spots for guests. This unique and well-loved home is a show-stopper, impressing friends and family alike. Don't let this once-in-a-lifetime opportunity slip away. Schedule a viewing today and experience the charm of owning this extraordinary property on the Rocky River, where luxury and nature harmoniously converge!

Last Agent to Sell the Property

John Motley

Howard Hanna Brokerage Email: JohnMotley@HowardHanna.com 216-403-7267 License #2020007209 Listed on: 03/11/2024

Howard Hanna

Last Buyer's Agent

Kelley Meyer

Howard Hanna License #2012000385

Howard Hanna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,323

Year Built

  • Built in 1979

Lot Details

  • 1.83 Acre Lot
  • River Front
  • Street terminates at a dead end
  • Wood Fence
  • Private Lot
  • Paved or Partially Paved Lot
  • Wooded Lot
  • Many Trees
  • Garden

Parking

  • 2 Car Detached Garage
  • Running Water Available in Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway
  • Paver Block

Property Views

  • River
  • Trees

Home Design

  • Contemporary Architecture
  • Modern Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Slab Foundation
  • Fiberglass Roof
  • Asphalt Roof

Interior Spaces

  • 3,857 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Central Vacuum
  • Built-In Features
  • Bar
  • Woodwork
  • Beamed Ceilings
  • Cathedral Ceiling
  • Recessed Lighting
  • Wood Burning Fireplace
  • Raised Hearth
  • Double Pane Windows
  • Blinds
  • Great Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Dual Closets
  • 3 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Outdoor Pool
  • Spa
  • Pool Cover
  • Diving Board

Outdoor Features

  • Balcony
  • Deck
  • Wrap Around Porch

Utilities

  • Central Air
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 261-03-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,323

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1979
  • Attribution Contact: JohnMotley@HowardHanna.com 216-403-7267
  • Road Frontage Type: River
  • ResoLotFeatures: Dead End, Garden, Private, Paved, Many Trees, Views, Wooded, Waterfront
  • ResoPoolFeatures: Diving Board, Heated, In Ground, Outdoor Pool, Pool Cover
  • Reso View: River, Trees/Woods, Water
  • ResoSecurityFeatures: Smoke Detector(s)
  • Above Grade Finished Sq Ft: 3857.0
  • Architectural Style: Contemporary, Modern
  • Carport Y N: No
  • Garage Yn: Yes
  • Reso Interior Features: Beamed Ceilings, Built-in Features, Ceiling Fan(s), Cathedral Ceiling(s), High Ceilings, His and Hers Closets, Multiple Closets, Open Floorplan, Recessed Lighting, Bar, Natural Woodwork, Central Vacuum, Jetted Tub
  • Unit Levels: Three Or More
  • Property Attached Yn: No
  • ResoWindowFeatures: Blinds, Double Pane Windows
  • Tax Year: 2023
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces: 2
  • Basement: None
  • Basement: No
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Great Room, Living Room, Raised Hearth, Wood Burning
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1

Exterior Features

  • Exterior Features: Balcony, Garden, Private Entrance, Private Yard
  • Roof: Asphalt, Fiberglass, Flat
  • Fencing: Wood
  • Acres: 1.83
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: River Front, Waterfront
  • Waterfront: Yes
  • Home Warranty: Yes
  • Construction Type: Brick
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Deck, Wrap Around, Balcony

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Driveway, Detached, Electricity, Garage Faces Front, Garage, Garage Door Opener, On Site, Paver Block, Water Available

Utilities

  • LaundryFeatures: In Hall
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas, Hot Water, Steam
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Olmsted Falls CSD - 1822

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 261-03-020
  • LandLeaseYN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 10323.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2024
Closed on
Apr 3, 2024
Sold by
Nanci R Kirkpatrick Trust and Kirkpatrick Nanci R
Bought by
Rainbow Drive Steel Llc
Seller's Agent
John Motley
Howard Hanna
Buyer's Agent
Kelley Meyer
Howard Hanna
List Price
$699,900
Sold Price
$775,000
Premium/Discount to List
$75,100
10.73%
Views
157
Current Estimated Value
$819,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,733
Avg. Annual Appreciation
3.05%

Purchase Details

Closed on
Jul 27, 2022
Sold by
And Robert J and And Nanci R
Bought by
Nanci R Kirkpatrick Trust and Kirkpatrick

Purchase Details

Closed on
May 23, 2012
Sold by
Kirkpatrick Robert J and Kirkpatrick Nanci R
Bought by
The Robert J Kirkpatrick Jr & Nanci R Ki

Purchase Details

Closed on
Sep 3, 2005
Sold by
Kirkpatrick Robert J and Peters Colette B
Bought by
Kirkpatrick Robert J and Kirkpatrick Nancy R

Purchase Details

Closed on
Feb 27, 1989
Sold by
Komar Richard J
Bought by
Kirkpatrick Robert J

Purchase Details

Closed on
Aug 10, 1988
Sold by
Komar Richard J and Komar Linda K
Bought by
Komar Richard J

Purchase Details

Closed on
Aug 27, 1987
Sold by
Edwards Judith W
Bought by
Komar Richard J and Komar Linda K

Purchase Details

Closed on
Dec 22, 1983
Sold by
Kiehl Erma L
Bought by
Edwards Judith W

Purchase Details

Closed on
Nov 10, 1983
Sold by
Kiehl Ronald and Kiehl Erma
Bought by
Kiehl Erma L

Purchase Details

Closed on
Jan 1, 1975
Bought by
Kiehl Ronald and Kiehl Erma
Source: Public Records
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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
Rainbow Drive Steel Llc $775,000 Clean Title Agency
Nanci R Kirkpatrick Trust -- Stefilik Elizabeth
The Robert J Kirkpatrick Jr & Nanci R Ki -- Attorney
Kirkpatrick Robert J -- U S Title Agency
Kirkpatrick Robert J $195,000 --
Komar Richard J -- --
Komar Richard J $160,000 --
Edwards Judith W $45,000 --
Kiehl Erma L -- --
Kiehl Ronald -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2024 04/05/24 Sold $775,000 +10.7% $201 / Sq Ft
03/17/2024 03/17/24 Pending -- -- --
03/11/2024 03/11/24 For Sale $699,900 -- $181 / Sq Ft
Source: MLS Now (Howard Hanna)

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 $10,021 $149,170 $24,570 $124,600
2023 $9,544 $118,870 $20,970 $97,900
2022 $9,625 $118,860 $20,970 $97,900
2021 $9,536 $118,860 $20,970 $97,900
2020 $8,903 $99,860 $17,610 $82,250
2019 $8,037 $285,300 $50,300 $235,000
2018 $7,668 $99,860 $17,610 $82,250
2017 $7,183 $87,400 $16,280 $71,120
2016 $7,150 $87,400 $16,280 $71,120
2015 $7,281 $87,400 $16,280 $71,120
2014 $7,281 $87,400 $16,280 $71,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now (Howard Hanna)

MLS Number: 5021845

MLS Now (Howard Hanna)

APN: 261-03-020

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