NOT LISTED FOR SALE

4550 Rainbow Rd Cleveland, OH 44121

Estimated Value: $154,000 - $189,000

3 Beds
1 Bath
1,700 Sq Ft
$102/Sq Ft Est. Value

Last Sold December 18, 2024

Last sale price $167,500 $99 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,327/month

19 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Porch
  • 1 Fireplace
  • 1 Car Detached Garage
  • Central Air

About This Home

As of December 2024

Welcome to this immaculate, loved family home. Located on a quiet, tree lined street this home welcomes you right in. Beautiful and spacious porch for you to enjoy morning coffee or evening wine. Spacious and inviting open floor plan floods natural light and views to the spacious and lush backyard. New carpet (2024) throughout the main floor. Large living room and dining room adjoin one another for great entertaining abilities. The kitchen is bright and clean and a cozy place to cook family meals. The upper level enjoys three spacious bedrooms all with ample closet space and easy attic access; one full bathroom complete the upper level. The finished lower level offers a great space for a home office or gym or additional play room. The large mud room area is great for all the families needs and encompasses lots of additional storage. The backyard is a unique and large space for family gatherings and tons of play room plus an additional parking pad for convenience. Newer HWT and upgraded home warranty included in this home. Come and call yourself home, today.

Last Agent to Sell the Property

Carlyn Goudas

Howard Hanna Brokerage Email: carlyn@thegoudasgroup.com 216-544-6783 License #2014004923 Listed on: 10/30/2024

Howard Hanna

Last Buyer's Agent

Clara Brooks

Parkview Realty Group Ltd License #2008003209

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,854

Year Built

  • Built in 1930

Lot Details

  • 9,148

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heating System Uses Gas

Additional Features

  • Porch
  • 9,148 Sq Ft Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 703-15-015

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,854

Year Built

Built in 1930

Lot Details

9,148 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1930
  • Attribution Contact: carlyn@thegoudasgroup.com 216-544-6783
  • Above Grade Finished Sq Ft: 1200.0
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Attached Yn: No
  • Tax Year: 2023
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces: 1
  • Basement: Full, Partially Finished
  • Basement: Yes
  • Appliances: Dishwasher, Range, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 500.0
  • Stories: 2

Exterior Features

  • Roof: Asphalt
  • Acres: 0.21
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: Yes
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Porch

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: South Euclid-Lyndhurst - 1829

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 703-15-015
  • LandLeaseYN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3854.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2024
Closed on
Dec 17, 2024
Sold by
Repidonis Marlene and Repidonis Athanasios
Bought by
Payne Joshua and Needham April
Seller's Agent
Carlyn Goudas
Howard Hanna
Buyer's Agent
Clara Brooks
Parkview Realty Group Ltd
List Price
$175,000
Sold Price
$167,500
Premium/Discount to List
-$7,500
-4.29%
Views
56
Current Estimated Value
$178,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,218
Avg. Annual Appreciation
2.45%
Original Mortgage
$162,475
Outstanding Balance
$160,455
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$12,150

Purchase Details

Closed on
Feb 19, 2009
Sold by
Goudas Marilyn
Bought by
Repidonis Marlene and Repidonis Athanasios

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
5.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 2005
Sold by
Farinacci Madeline
Bought by
Repidonis Marlene and Goudas Marilyn

Purchase Details

Closed on
Jan 1, 1975
Bought by
Farinacci Madeline
Source: Public Records
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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
Payne Joshua $167,500 Chicago Title
Payne Joshua $167,500 Chicago Title
Repidonis Marlene $59,700 Attorney
Repidonis Marlene -- --
Farinacci Madeline -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Payne Joshua $162,475
Closed Payne Joshua $162,475
Previous Owner Repidonis Marlene $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2024 12/18/24 Sold $167,500 +1.5% $99 / Sq Ft
11/18/2024 11/18/24 Pending -- -- --
11/15/2024 11/15/24 Price Changed $165,000 -5.7% $97 / Sq Ft
10/30/2024 10/30/24 For Sale $175,000 -- $103 / Sq Ft
Source: MLS Now (Howard Hanna)

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 $4,460 $52,605 $12,775 $39,830
2024 $4,134 $52,605 $12,775 $39,830
2023 $3,854 $39,630 $10,610 $29,020
2022 $3,834 $39,620 $10,605 $29,015
2021 $3,806 $39,620 $10,610 $29,020
2020 $3,759 $34,160 $9,140 $25,030
2019 $3,439 $97,600 $26,100 $71,500
2018 $3,423 $34,160 $9,140 $25,030
2017 $3,719 $34,270 $7,530 $26,740
2016 $3,696 $34,270 $7,530 $26,740
2015 $3,586 $34,270 $7,530 $26,740
2014 $3,586 $34,270 $7,530 $26,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now (Howard Hanna)

MLS Number: 5081568

MLS Now (Howard Hanna)

APN: 703-15-015

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