3247 Rainbow Terrace Erlanger, KY 41018
Estimated Value: $224,000 - $246,000
3
Beds
1
Bath
1,312
Sq Ft
$179/Sq Ft
Est. Value
About This Home
This home is located at 3247 Rainbow Terrace, Erlanger, KY 41018 and is currently estimated at $234,961, approximately $179 per square foot. 3247 Rainbow Terrace is a home located in Kenton County with nearby schools including Arnett Elementary School, Tichenor Middle School, and Lloyd Memorial High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 14, 2017
Sold by
Townsend Richard J and Townsend Rena Jill
Bought by
Gillespie Adam David
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,600
Outstanding Balance
$100,198
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$134,763
Purchase Details
Closed on
Sep 10, 2010
Sold by
Smith William G and Smith Marcella J
Bought by
Townsend Richard J and Townsend Rena Jill
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,432
Interest Rate
4.6%
Mortgage Type
FHA
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gillespie Adam David | $134,000 | Lawyers Title Of Cincinnati | |
| Townsend Richard J | $118,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gillespie Adam David | $120,600 | |
| Previous Owner | Townsend Richard J | $116,432 |
Source: Public Records
Tax History Compared to Growth
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 | $2,237 | $167,600 | $25,000 | $142,600 |
| 2023 | $2,177 | $167,600 | $25,000 | $142,600 |
| 2022 | $1,974 | $134,000 | $20,000 | $114,000 |
| 2021 | $2,002 | $134,000 | $20,000 | $114,000 |
| 2020 | $1,989 | $134,000 | $20,000 | $114,000 |
| 2019 | $1,958 | $134,000 | $20,000 | $114,000 |
| 2018 | $1,999 | $134,000 | $20,000 | $114,000 |
| 2017 | $1,648 | $118,000 | $20,000 | $98,000 |
| 2015 | $1,569 | $118,000 | $20,000 | $98,000 |
| 2014 | $1,523 | $118,000 | $20,000 | $98,000 |
Source: Public Records
Map
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