NOT LISTED FOR SALE

310 Rainbow St Spavinaw, OK 74366

Estimated Value: $89,000 - $133,104

2 Beds
1 Bath
900 Sq Ft
$131/Sq Ft Est. Value

Last Sold August 23, 2024

Last sale price $122,000 $136 Per Sq Ft

Current estimated payment $731/month

17 Days on Market

Highlights

  • Mature Trees
  • Zoned Heating and Cooling
  • 2 Car Garage
  • No HOA
  • Ceiling Fan
  • North Facing Home

About This Home

As of August 2024

Step into this charming 2-bedroom, 1-bathroom home nestled in the idyllic town of Spavinaw, Oklahoma. This bungalow offers a seamless move-in experience, with all appliances included, as it's a turn-key property, ready for occupancy. Embrace the potential for a 2nd home, Airbnb and VRBO opportunities in Spavinaw! Additionally, the property features a valuable detached 2-car garage on a concrete slab with electricity, perfect for storing vehicles, toys, and lawn-care equipment. Won't last! Just a leisurely 3-minute walk away lies the serene Spavinaw State Park, offering well-appointed campgrounds and a picturesque creek ideal for fishing, swimming, and tubing. Plus, Spavinaw Lake and a public boat ramp are less than a mile away. Enjoy the tranquility of small-town life while remaining conveniently close to urban amenities. Situated an hour from Tulsa, a half-hour from the expansive 9000-acre MidAmerica Industrial Park (MAIP), and Vinita, with the forthcoming Heartland of America theme park nearby, this property offers both a home and an investment opportunity. Don't miss the chance to make this affordable house your home or investment property today.

Last Agent to Sell the Property

Josh Rainwater

Coldwell Banker Select License #142796 Listed on: 07/08/2024

Coldwell Banker Select

Last Buyer's Agent

Josh Rainwater

Coldwell Banker Select License #142796 Listed on: 07/08/2024

Coldwell Banker Select

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $493

Year Built

  • Built in 1940

Lot Details

  • 0.34 Acre Lot
  • North Facing Home
  • Mature Trees

Parking

  • 2 Car Garage

Home Design

  • Cabin
  • Wood Frame Construction
  • Fiberglass Roof
  • Wood Siding
  • Asphalt

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Aluminum Window Frames
  • Crawl Space

Kitchen

  • Oven
  • Gas Range
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • Salina Elementary School
  • Salina High School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Gas
  • Electric Water Heater
  • Septic Tank
  • Phone Available

Community Details

  • No Home Owners Association
  • Rainbow Park Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$493

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Directions: From US Hwy 412 and State Hwy 82 at Locust Grove, head north on SH 82 for 20 miles then Left on Rainbow St (across from entrance to Spavinaw State Park). Home is on Left
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 1940
  • Lot Size Acres: 0.343
  • Water Body Name: Spavinaw Lake
  • Subdivision Name: Rainbow Park
  • Architectural Style: Cabin
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: House
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Laminate Counters, Other, Ceiling Fan(s)
  • Appliances: Dryer, Oven, Range, Refrigerator, Washer, Electric Water Heater, Gas Range
  • Has Basement: None, Crawl Space
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Living Area: 900.0
  • Window Features: Aluminum Frames
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: None
  • Fencing: None
  • Lot Features: Mature Trees
  • Pool Features: None
  • Waterfront Features: Other
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Wood Siding, Wood Frame
  • Direction Faces: North
  • Foundation Details: Crawlspace
  • Other Structures: None
  • Patio And Porch Features: Other
  • Roof: Asphalt, Fiberglass

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Available, Natural Gas Available, Phone Available, Water Available
  • Water Source: Public
  • Laundry Features: Washer Hookup, Electric Dryer Hookup
  • Security: No Safety Shelter
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • High School: Salina
  • Elementary School: Salina
  • Junior High Dist: Salina - Sch Dist (M5)

Lot Info

  • Lot Size Sq Ft: 14935.0
  • Additional Parcels: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 493.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2024
Closed on
Aug 21, 2024
Sold by
Daubenspeck Hedin and Daubenspeck Dana
Bought by
Butler Abby Lynn and Butler David James
Seller's Agent
Josh Rainwater
Coldwell Banker Select
Buyer's Agent
Josh Rainwater
Coldwell Banker Select
List Price
$139,900
Sold Price
$122,000
Premium/Discount to List
-$17,900
-12.79%
Views
16
Current Estimated Value
$121,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$118
Avg. Annual Appreciation
-2.14%
Original Mortgage
$107,000
Outstanding Balance
$105,507
Interest Rate
6.17%
Mortgage Type
Seller Take Back
Estimated Equity
$12,769

Purchase Details

Closed on
Mar 4, 2020
Sold by
Trout Bruce E
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 1, 2019
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Daubenspeck Hedin and Daubenspeck Dana

Purchase Details

Closed on
Nov 13, 2002
Sold by
Trout Mary Viola
Bought by
Trout Brian E
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Butler Abby Lynn $122,000 Titan Title
Federal Home Loan Mortgage Corporation $27,503 None Available
Daubenspeck Hedin $36,000 None Available
Trout Brian E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Butler Abby Lynn $107,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/23/2024 08/23/24 Sold $122,000 0.0% $136 / Sq Ft
07/26/2024 07/26/24 Pending -- -- --
07/10/2024 07/10/24 Price Changed $122,000 -12.8% $136 / Sq Ft
07/08/2024 07/08/24 For Sale $139,900 +291.9% $155 / Sq Ft
07/16/2020 07/16/20 Sold $35,700 -28.5% $40 / Sq Ft View Prior Sale
05/08/2020 05/08/20 Pending -- -- --
05/08/2020 05/08/20 For Sale $49,900 -- $55 / Sq Ft
Source: MLS Technology

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 $1,152 $13,664 $504 $13,160
2024 $521 $6,111 $504 $5,607
2023 $521 $5,821 $504 $5,317
2022 $475 $5,543 $504 $5,039
2021 $416 $5,543 $504 $5,039
2020 $192 $2,483 $504 $1,979
2019 $148 $2,365 $504 $1,861
2018 $0 $2,296 $504 $1,792
2017 $0 $2,229 $504 $1,725
2016 $148 $2,164 $529 $1,635
2015 $148 $2,165 $529 $1,636
2014 $141 $2,061 $529 $1,532
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Technology

MLS Number: 2424091

MLS Technology

APN: T030-00-005-007-0-001-00