NOT LISTED FOR SALE

2697 Rainbow Springs Ln Orlando, FL 32828

Estimated Value: $470,000 - $495,000

4 Beds
2.5 Baths
2,154 Sq Ft
$223/Sq Ft Est. Value

Last Sold September 27, 2022

Last sale price $425,000 $197 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,772/month

38 Days on Market

Highlights

  • Solid Surface Countertops
  • Community Pool
  • 2 Car Attached Garage
  • Avalon Elementary School Rated A
  • Tennis Courts
  • Laundry Room

About This Home

As of September 2022

The home features a flowing and well thought out floor plan, ***NEW ROOF***, ***NEWER AC***, GRANITE COUNTERS in the kitchens and baths, COVERED PATIO and FENCED BACK YARD! PRICE REFLECTS THE NEED FOR COSMETIC UPDATING. FLOORS, PAINT, FIXTURES AND APPLIANCES. Located in AVALON PARK, one of East Orlando's many great communities! AVALON PARK is a true LIVE, WORK, PLAY community featuring a bustling town center with restaurants, shops and small businesses, fantastic A+ schools, many community pools, dog parks, sport courts, amphitheater and more! Enjoy several large community events for all the holidays, Movie Nights in the Park, Food Truck rallies, Fireworks and Parades! PRICE REFLECTS THE NEED FOR COSMETIC UPDATING. FLOORS, PAINT, FIXTURES AND APPLIANCES.

Last Agent to Sell the Property

Richard Varner

WEMERT GROUP REALTY LLC License #3251712 Listed on: 07/20/2022

WEMERT GROUP REALTY LLC

Last Buyer's Agent

Karen Wilkins

THE WILKINS WAY LLC License #3236778

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,579

Year Built

  • Built in 2002

Lot Details

  • 6,037 Sq Ft Lot
  • Northwest Facing Home
  • Fenced
  • Irrigation
  • Property is zoned P-D

HOA Fees

  • $108 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,154 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Convection Oven
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

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

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, internet
  • Leland Management Association
  • Avalon Park Village 03 47/96 Subdivision
  • Rental Restrictions

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Racquetball
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,579

Year Built

Built in 2002

Lot Details

0

HOA Fees

$108 per month

Parking

2

Listing Details

  • HOA Fee Includes: Cable TV, Internet
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2154
  • Lot Size Acres: 0.14
  • New Construction: No
  • Year Built: 2002
  • Lot Size Sq Ft: 6037
  • Directions to Property: From Avalon Park Blvd take a R on Tanja King, then a R on Rainbow Springs, home on R.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O6045111?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O6045111?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 197.31
  • Close to Original List Price Ratio: 0.8856
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Master Bedroom Upstairs, Solid Surface Counters, Thermostat
  • Appliances Included: Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Two
  • Stories: 2
  • Street Number Modifier: 2697
  • Room Count: 7
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Northwest
  • Exterior Features: Fenced, Irrigation System
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Playground, Pool, Racquetball
  • Association Amenities: Basketball Court, Playground, Pool, Racquetball, Tennis Court(s)
  • Association Fee: 325
  • Association Fee Frequency: Quarterly
  • Association Name: Leland Management
  • Association: Yes
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 1300
  • Monthly HOA Fee: 108.33
  • Total Monthly Fees: 108.33

Schools

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

Lot Info

  • Zoning: P-D
  • Parcel Number: 05-23-32-1001-04-250
  • Additional Parcels: No
  • Flood Zone Code: x
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 7 Months
  • Pet Restrictions: Buyer to verify
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Buyer to verify

Tax Info

  • Tax Annual Amount: 4579.13
  • Tax Block: D
  • Tax Book Number: x
  • Tax Lot: 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2022
Closed on
Sep 27, 2022
Sold by
Soldano Frank Joseph and Soldano Michelle Marie
Bought by
Albritton Julianna Rosa
Seller's Agent
Richard Varner
WEMERT GROUP REALTY LLC
Buyer's Agent
Karen Wilkins
THE WILKINS WAY LLC
List Price
$425,000
Sold Price
$425,000
Views
35
Current Estimated Value
$480,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,700
Avg. Annual Appreciation
4.94%
Original Mortgage
$414,000
Outstanding Balance
$397,940
Interest Rate
5.13%
Mortgage Type
Balloon
Estimated Equity
$90,396

Purchase Details

Closed on
Jul 29, 2005
Sold by
Cabrera John and Cabrera Jeannette
Bought by
Soldano Frank Joseph and Lenoci Michelle Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 22, 2002
Sold by
Ryland Group Inc C
Bought by
Thomas Amman T and Thomas Dana E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,724
Interest Rate
6.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2002
Sold by
Ryland Group Inc C
Bought by
Cabrera John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,724
Interest Rate
6.98%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Albritton Julianna Rosa $425,000 --
Soldano Frank Joseph $315,000 Prestige Title
Thomas Amman T $180,800 --
Cabrera John $184,285 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Albritton Julianna Rosa $414,000
Previous Owner Soldano Frank Joseph $244,833
Previous Owner Soldano Frank Joseph $245,000
Previous Owner Cabrera John $94,200
Previous Owner Cabrera John $166,700
Previous Owner Cabrera John $171,724
Previous Owner Cabrera John $158,700
Closed Albritton Julianna Rosa $20,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2022 09/27/22 Sold $425,000 0.0% $197 / Sq Ft
08/28/2022 08/28/22 Pending -- -- --
08/27/2022 08/27/22 Price Changed $425,000 0.0% $197 / Sq Ft
08/27/2022 08/27/22 For Sale $425,000 -5.6% $197 / Sq Ft
08/22/2022 08/22/22 Pending -- -- --
08/12/2022 08/12/22 Price Changed $450,000 -2.1% $209 / Sq Ft
08/08/2022 08/08/22 Price Changed $459,700 0.0% $213 / Sq Ft
08/02/2022 08/02/22 Price Changed $459,800 0.0% $213 / Sq Ft
07/28/2022 07/28/22 Price Changed $459,900 -4.2% $214 / Sq Ft
07/20/2022 07/20/22 For Sale $479,900 -- $223 / 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 $387 $403,339 -- --
2024 $363 $403,339 -- --
2023 $363 $380,555 $70,000 $310,555
2022 $5,143 $330,886 $70,000 $260,886
2021 $4,579 $268,252 $60,000 $208,252
2020 $4,162 $251,178 $60,000 $191,178
2019 $4,409 $252,697 $60,000 $192,697
2018 $4,079 $229,656 $42,000 $187,656
2017 $3,951 $222,702 $40,000 $182,702
2016 $3,635 $197,649 $50,000 $147,649
2015 $3,521 $186,662 $50,000 $136,662
2014 $3,414 $175,800 $50,000 $125,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O6045111

Stellar MLS

APN: 05-2332-1001-04-250