NOT LISTED FOR SALE

2648 Rainbow Springs Ln Orlando, FL 32828

Estimated Value: $524,016

4 Beds
2.5 Baths
2,428 Sq Ft
$216/Sq Ft Est. Value

Last Sold July 31, 2013

Last sale price $245,000 $101 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $3,513/month

4 Days on Market

Highlights

  • Indoor Pool
  • Contemporary Architecture
  • Solid Surface Countertops
  • Avalon Elementary School Rated A
  • Attic
  • Tennis Courts

About This Home

As of July 2013

Traditional Sale. Spacious Avalon Park home with four bedrooms plus a den. Walk to community pool only two blocks away. Enjoy two living areas including a Living Room and Family Room. Living Room may be utilized as a Formal Dining Room. Large Master Bedroom. Master Bathroom has dual sinks, garden tub, and separate shower. The den on first floor may be utilized as a 5th bedroom. Storage space under stairs is perfect for bicycles and other items. Home is located only blocks away from local schools and Downtown Avalon Park shopping and restaurants. One year Home Warranty for Buyer with Old Republic Home Warranty. Kitchen updated in 2009 with new granite counter tops and stainless steel appliances. Basic cable included in HOA fees. Hot water heater replacedin 2012. Charming curb appeal with covered front porch. Fenced yard. Avalon Park is a large planned unit development convenient to UCF, the Lake Nona Medical City, Waterford Lakes Town Center, and the Orlando International Airport. Easy access to the 408, 417, and 528 Expressways. Located in southeast Orlando, the east coast is an approx. 45 minute drive away. Avalon Park is designed to be in harmony with nature and is surrounded by forests, fields and lakes. Bike, walk, or jog along miles of tree lined trails. Good schools within the community.

Last Agent to Sell the Property

Irene Stoffer

License #405588 Listed on: 06/12/2013

Co-Listed By

Kraig Zeh

License #3093770

Last Buyer's Agent

Deborah Morgan

OPTIMA REAL ESTATE License #3053206

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,929

Year Built

  • Built in 2001

Lot Details

  • 5,314 Sq Ft Lot
  • Lot Dimensions are 45x120x51x117
  • Southeast Facing Home
  • Property is zoned P-D

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Bi-Level Home
  • Slab Foundation
  • Tilt Up Walls
  • Wood Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,428 Sq Ft Home
  • Crown Molding
  • Ceiling Fan
  • Blinds
  • Entrance Foyer
  • Family Room Off Kitchen
  • Den
  • Inside Utility
  • Laundry in unit
  • Attic

Kitchen

  • Eat-In Kitchen
  • Oven
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Pool

  • Indoor Pool
  • Spa

Schools

  • Avalon Elementary School
  • Avalon Middle School
  • Timber Creek High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, pool, escrow reserves fund
  • Avalon Park Vlg 3 Subdivision
  • The community has rules related to deed restrictions
  • Planned Unit Development

Recreation

  • Tennis Courts
  • Racquetball
  • Community Playground
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,929

Year Built

Built in 2001

Lot Details

0

HOA Fees

$83 per month

Parking

2

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Escrow Reserves Fund
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Construction Materials: Stucco, Tilt up Walls, Wood Frame
  • Fireplace: No
  • Living Area: 2428
  • Lot Size Acres: 0.12
  • New Construction: No
  • Year Built: 2001
  • Building Area Total: 3079
  • Lot Size Sq Ft: 5314
  • Directions to Property: At Avalon Park Blvd. in Downtown Avalon Park, go east on Tanja King Blvd. Turn right on Rainbow Springs Lane immediately after passing Avalon Elementary School.
  • Status: Sold
  • Co List Office Mls Id: MFR52403
  • Co List Office Phone: 407-629-6330
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • List Office Head Office Key Nume: 1050539
  • RATIO Current Price By Calculate: 100.91
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Planned Unit Development Yn: 1
  • Tax Year: 2012
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Attic, Ceiling Fans(s), Crown Molding, Eat-in Kitchen, Kitchen/Family Room Combo, Solid Surface Counters, Solid Wood Cabinets, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Oven
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Two
  • Spa Yn: Yes
  • Window Features: Blinds
  • Street Number Modifier: 2648
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Attic,Den/Library/Office,Family Room,Foyer,Inside Utility
  • Room Count: 11

Exterior Features

  • Direction Faces: Southeast
  • Pool Features: Indoor
  • Roof: Shingle
  • Home Warranty: Yes
  • Pool Private: No
  • Waterfront: No
  • Water Extras YN: 0
  • Water View YN: 0

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Garage Faces Rear, Garage Faces Side

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Public, Street Lights
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Park, Playground, Pool, PUD, Racquetball, Tennis Courts
  • Association Amenities: Park, Playground, Racquetball, Tennis Court(s)
  • Association Fee: 250
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Security: Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Complex Community Name Nccb: AVALON PARK
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 1000.00
  • Total Monthly Fees: 83.33

Schools

  • Elementary School: Avalon Elem
  • High School: Timber Creek High
  • Middle Or Junior School: Avalon Middle

Lot Info

  • Zoning: P-D
  • Parcel Number: 05-23-32-1001-05-070
  • Additional Parcels: No
  • Lot Features: In County, Sidewalk, Paved
  • Lot Dimensions: 45X120X51X117
  • Flood Zone Code: X
  • Homestead YN: 0
  • Zoning Compatible YN: 1
  • Future Land Use: 0100

Rental Info

  • Pets Allowed: Yes
  • Expected Lease Date: 2013-07-31T00:00:00.000

Tax Info

  • Tax Annual Amount: 2929
  • Tax Block: 05
  • Tax Book Number: 0047/0096
  • Tax Lot: 070

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2013
Closed on
Jul 31, 2013
Sold by
Melone Mark J and Melone Rene A
Bought by
Jacobs Robert M
Seller's Agent
Irene Stoffer
Buyer's Agent
Deborah Morgan
OPTIMA REAL ESTATE
List Price
$245,000
Sold Price
$245,000
Current Estimated Value
$524,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$279,016
Avg. Annual Appreciation
6.50%
Original Mortgage
$125,000
Outstanding Balance
$32,845
Interest Rate
3.47%
Mortgage Type
New Conventional
Estimated Equity
$492,160

Purchase Details

Closed on
Jan 14, 2002
Sold by
Ryland Group Inc
Bought by
Melone Mark J and Melone Rene A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,600
Interest Rate
6.99%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Jacobs Robert M $245,000 Leading Edge Title Partners
Melone Mark J $197,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacobs Robert M $125,000
Previous Owner Melone Mark $141,700
Previous Owner Melone Mark J $160,000
Previous Owner Melone Mark J $157,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2015 05/26/15 Off Market $245,000 -- --
07/31/2013 07/31/13 Sold $245,000 0.0% $101 / Sq Ft
06/17/2013 06/17/13 Pending -- -- --
06/12/2013 06/12/13 For Sale $245,000 -- $101 / Sq Ft
Source: Stellar MLS

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
2025 $6,969 $424,324 -- --
2024 $6,198 $424,324 -- --
2023 $6,198 $415,151 $70,000 $345,151
2022 $5,546 $359,982 $70,000 $289,982
2021 $4,920 $289,819 $60,000 $229,819
2020 $4,468 $271,173 $60,000 $211,173
2019 $4,737 $272,865 $60,000 $212,865
2018 $4,402 $249,292 $42,000 $207,292
2017 $4,234 $241,853 $40,000 $201,853
2016 $3,870 $211,546 $50,000 $161,546
2015 $3,744 $199,534 $50,000 $149,534
2014 $3,604 $186,604 $50,000 $136,604
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: O5165276

Stellar MLS

APN: 05-2332-1001-05-070