NOT LISTED FOR SALE

4482 Rainbow Rd Cleveland, OH 44121

Estimated Value: $170,000 - $226,000

3 Beds
2 Baths
1,272 Sq Ft
$154/Sq Ft Est. Value

Last Sold June 30, 2014

Last sale price $50,000 $39 Per Sq Ft

Est. 293% increase in value since last sale

Current estimated payment $1,548/month

About This Home

As of June 2014

Charming Front Porch Colonial with a first floor master suite. This home has been perfectly renovated from top to bottom. 3 bedrooms and 2 baths in addition to a nicely appointed kitchen with eat-in area. Located in the heart of South Euclid, close to everything, from small, local shops and restaurants to major department stores and freeways ~ this is the perfect home! No Section 8 or Voucher Programs. $25 application fee per adult. Tenant is responsible for all utilities including water, sewer, lawn maintenance/snow removal.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2016
Sold by
Dror Peretz Llc
Bought by
Moallem Llc
Current Estimated Value
$196,435

Purchase Details

Listed on
Jan 15, 2013
Closed on
Jun 27, 2014
Sold by
Sabbagh Dennis P and Sabbach Stacy D
Bought by
Dror Peretz Llc
Seller's Agent
Mark Baughman
RE/MAX Traditions
Buyer's Agent
Rivka Cohen
Deleted Agent
List Price
$85,000
Sold Price
$50,000
Premium/Discount to List
-$35,000
-41.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.32%

Purchase Details

Closed on
Apr 24, 2002
Sold by
Waldschmidt Melvin and Waldschmidt Ethel M
Bought by
Sabbagh Dennis P and Sabbagh Stacy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,154
Interest Rate
7.18%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 19, 1982
Sold by
Smith John F
Bought by
Waldschmidt Melvin

Purchase Details

Closed on
Nov 28, 1977
Sold by
Wagner Alma H Sl
Bought by
Smith John F

Purchase Details

Closed on
Jan 1, 1975
Bought by
Wagner Alma H Sl
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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
Moallem Llc $75,000 None Available
Dror Peretz Llc $50,000 Enterprise Title Agency
Sabbagh Dennis P $106,000 Real Estate Title
Waldschmidt Melvin $46,000 --
Smith John F $29,500 --
Wagner Alma H Sl -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sabbagh Dennis P $130,173
Previous Owner Sabbagh Dennis P $109,467
Previous Owner Sabbagh Dennis P $105,154
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2015 02/11/15 Rented $1,150 0.0% --
02/11/2015 02/11/15 Under Contract -- -- --
12/08/2014 12/08/14 For Rent $1,150 0.0% --
06/30/2014 06/30/14 Sold $50,000 -41.2% $39 / Sq Ft
05/23/2014 05/23/14 Pending -- -- --
01/15/2013 01/15/13 For Sale $85,000 -- $67 / Sq Ft

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
2024 $5,339 $46,760 $12,775 $33,985
2023 $3,028 $30,460 $10,610 $19,850
2022 $3,012 $30,450 $10,605 $19,845
2021 $2,991 $30,450 $10,610 $19,850
2020 $2,954 $26,250 $9,140 $17,120
2019 $2,709 $75,000 $26,100 $48,900
2018 $2,696 $26,250 $9,140 $17,120
2017 $2,033 $17,510 $7,530 $9,980
2016 $2,021 $17,510 $7,530 $9,980
2015 $1,977 $17,510 $7,530 $9,980
2014 $3,470 $33,330 $7,530 $25,800
Source: Public Records

Agents Affiliated with this Home

  • Alison Benoit

    Seller's Agent in 2015

    Alison Benoit

    Keller Williams Greater Metropolitan

    (216) 215-1155

    5 in this area

    101 Total Sales

    Alison Benoit
    Section Image

  • M

    Buyer's Agent in 2015

    Milan Polacek

    Howard Hanna

    44 Total Sales

    Milan Polacek
    Section Image
  • Mark Baughman

    Seller's Agent in 2014

    Mark Baughman

    RE/MAX

    (216) 215-6118

    3 in this area

    261 Total Sales

    Mark Baughman
    Section Image
  • Marks of Excellence Team

    Seller Co-Listing Agent in 2014

    Marks of Excellence Team

    RE/MAX

    (440) 487-3448

    3 in this area

    270 Total Sales

    Marks of Excellence Team
    Section Image

  • R

    Buyer's Agent in 2014

    Rivka Cohen

    Deleted Agent

    (216) 776-8012

    Section Image
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Map

Ohio Cuyahoga County Cleveland 44121

4482 Rainbow Rd, Cleveland, OH

This home is located at 4482 Rainbow Rd, Cleveland, OH 44121 and is currently estimated at $196,435, approximately $154 per square foot. 4482 Rainbow Rd is a home located in Cuyahoga County with nearby schools including Rowland Elementary School, Greenview Upper Elementary School, and Memorial Junior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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