NOT LISTED FOR SALE

279 Rainbow Rd Polk, PA 16342

Estimated Value: $125,648 - $180,000

4 Beds
1 Bath
1,452 Sq Ft
$106/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $120,000 $83 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $936/month

13 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Patio
  • Subterranean Parking
  • Cooling Available
  • Shed

About This Home

As of September 2022

3 to 4 bedroom home with 4.5 acres. Large shed, gravel area by above ground pool. Large rooms, 1st floor bed & bath.

Last Agent to Sell the Property

Karen Carey

Venango Real Estate License #RS364868 Listed on: 08/16/2022

Last Buyer's Agent

Karen Carey

Venango Real Estate License #RS364868 Listed on: 08/16/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,163

Year Built

  • Built in 1868

Lot Details

  • 4.5 Acre Lot

Parking

  • 1 Car Garage
  • Driveway
  • Open Parking

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,452 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Partial Basement

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Shed
  • Porch

Utilities

  • Cooling Available
  • Forced Air Heating System
  • 200+ Amp Service
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 11,006.-003..-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,163

Year Built

Built in 1868

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 4.5
  • Exclusions: Appliances will be changed out to white used ones from seller's new house
  • Directions: From Venango County Courthouse, follow Liberty St to 15th St, take right onto Route 62 S toward Polk, go 4.5 miles, make right onto Valley Rd., and right onto Rainbow Rd.. Home is on the left.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • Building Stories: 2
  • Year Built: 1868
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Range, Refrigerator, Dryer, Washer
  • Has Basement: Partial
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Wood

Exterior Features

  • Construction Type: Frame, Other
  • Exterior Features: Storage
  • Other Structures: Shed
  • Patio And Porch Features: Patio, Porch
  • Roof: Metal

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: 1 Car, Underground, Driveway
  • Total Parking Spaces: 1

Utilities

  • Cooling: Room
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • Water Source: Well

Schools

  • Junior High Dist: Franklin

Lot Info

  • Lot Size Sq Ft: 196020
  • Zoning: Residential
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1163.11
  • Tax Map Number: 11,006.-003..-000
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2022
Closed on
Sep 24, 2022
Sold by
Brown Shawn D
Bought by
Carnaghi Robert L
Seller's Agent
Karen Carey
Venango Real Estate
Buyer's Agent
Karen Carey
Venango Real Estate
List Price
$154,000
Sold Price
$120,000
Premium/Discount to List
-$34,000
-22.08%
Current Estimated Value
$146,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,848
Avg. Annual Appreciation
9.45%

Purchase Details

Closed on
Apr 12, 2017
Sold by
Smith Susan M
Bought by
Brown Shawn D and Warnick Leah M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Carnaghi Robert L $120,000 --
Brown Shawn D $80,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown Shawn D $58,000
Previous Owner Brown Shawn D $5,800
Previous Owner Brown Shawn D $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2022 09/30/22 Sold $120,000 -22.1% $83 / Sq Ft
08/31/2022 08/31/22 Pending -- -- --
08/17/2022 08/17/22 For Sale $154,000 -- $106 / Sq Ft
Source: Allegheny Valley Board 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
2025 $1,581 $56,470 $7,300 $49,170
2024 $1,468 $56,470 $7,300 $49,170
2023 $1,468 $56,470 $7,300 $49,170
2022 $1,468 $56,470 $7,300 $49,170
2021 $1,468 $56,470 $7,300 $49,170
2020 $1,462 $56,470 $7,300 $49,170
2019 $1,462 $56,470 $7,300 $49,170
2018 $1,462 $56,470 $7,300 $49,170
2017 -- $56,470 $7,300 $49,170
2016 $1,403 $56,470 $7,300 $49,170
2015 -- $56,470 $7,300 $49,170
2014 -- $56,470 $7,300 $49,170
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    Karen Carey

    Venango Real Estate

    1 Total Sale

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Map

Source: Allegheny Valley Board of REALTORS®

MLS Number: 156945

APN: 11-006-003-000

Pennsylvania Venango County Polk 16342

279 Rainbow Rd, Polk, PA

This home is located at 279 Rainbow Rd, Polk, PA 16342 since 16 August 2022 and is currently estimated at $154,162, approximately $106 per square foot. This property was built in 1868. 279 Rainbow Rd is a home located in Venango County with nearby schools including Franklin Area High School.

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