NOT LISTED FOR SALE

5 Rainbow Dr Latham, NY 12110

Estimated Value: $535,000 - $646,000

4 Beds
2.5 Baths
2,300 Sq Ft
$259/Sq Ft Est. Value

Sale Details

Date Sold: August 26, 2016

Last sale price $350,000 $152 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $3,928 / mo

31 Days on Market

Highlights

  • In Ground Pool
  • Deck
  • Cul-De-Sac
  • Forts Ferry School Rated A-
  • No HOA
  • 2 Car Attached Garage

About This Home

As of August 2016

Original owners of this Ted Cillis built Colonial have taken excellent care of their property. Beautiful hw flrs throughout 1st flr, new carpeting throughout the rest of the home. Fresh paint, new ss appliances, sgd to freshly painted deck and fenced yard with 18x36 inground pool. Natural gas line to the deck so no more filling the tanks! Full basement. Roof is 19yrs old on 30yr shingles. Much loved cul-de-sac location in the award winning North Colonie School Dist. Love this house! You will too! Excellent Condition

Last Agent to Sell the Property

Marie Bettini

Albany Realty Group LLC Listed on: 06/15/2016

Last Buyer's Agent

Sherrill Farry

Berkshire Hathaway Home Services Blake

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,518

Year Built

  • Built in 1997

Lot Details

  • 18,295 Sq Ft Lot
  • Cul-De-Sac
  • Fenced
  • Landscaped
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Home Design

  • Vinyl Siding
  • Asphalt

Interior Spaces

  • 2,300 Sq Ft Home
  • Built-In Features
  • Paddle Fans
  • Wood Burning Fireplace
  • Sliding Doors
  • Ceramic Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • In Ground Pool
  • Deck
  • Exterior Lighting

Utilities

  • Humidifier
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 63 / 2
  • Assessor Parcel Number 012689 18.2-2-63

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,518

Year Built

Built in 1997

Lot Details

0.42 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1997
  • Directions: Rt7 in Latham to Mill Rd R onto Oriole R onto Fairlawn R onto Rainbow
  • Above Grade Finished Sq Ft: 2300.0
  • Architectural Style: Colonial
  • Financial Details General Taxes: 2625.0
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 4893.0
  • School Taxes Description: Estimated
  • Fuel Cost Description Fuel Cost: 311
  • Lot Size Acres: 0.42
  • New Construction: No
  • Possession Possession Legacy: tbd
  • Sale Detail Seller Contribution: No
  • Garage Yn: Yes
  • Special Features: None

Interior Features

  • Flooring: Ceramic Tile
  • Basement: Full, Sump Pump
  • Interior Amenities: High Speed Internet, Paddle Fan, Built-in Features, Eat-in Kitchen
  • Appliances: Range, Refrigerator, Dishwasher, Humidifier, Gas Water Heater, Oven
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Fireplace Features: Wood Burning, Family Room
  • Fireplaces: 1
  • Living Area: 2300.0
  • Fireplace: Yes
  • Dining Room Type: Formal Dining Room

Exterior Features

  • Exterior Features: Lighting
  • Roof: Asphalt
  • Construction Type: Vinyl Siding
  • Fencing: Fenced
  • Patio And Porch Features: Deck
  • Pool Features: In Ground

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Off Street, Garage
  • Attached Garage: Yes
  • Total Parking Spaces: 4.0

Utilities

  • Utilities: Cable Available
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Main Level, Laundry Room
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: North Colonie (including Maplewood)

Lot Info

  • Lot Features: Cul-De-Sac, Landscaped, Level
  • Parcel #: 012689 18.2-2-63
  • Lot Size Sq Ft: 18295.2

Tax Info

  • Tax Annual Amount: 7518.0
  • Tax Block: 2
  • Tax Lot: 63

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2016
Closed on
Aug 26, 2016
Sold by
Russell Paul R and Russell Virginia M
Bought by
Berryann Daniel R and Berryann Amanda J
Seller's Agent
Marie Bettini
Albany Realty Group LLC
Buyer's Agent
Sherrill Farry
Berkshire Hathaway Home Services Blake
List Price
$359,900
Sold Price
$350,000
Premium/Discount to List
-$9,900
-2.75%
Current Estimated Value
$596,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,092
Avg. Annual Appreciation
5.69%
Original Mortgage
$280,000
Outstanding Balance
$116,213
Interest Rate
2.74%
Estimated Equity
$479,879

Purchase Details

Closed on
Aug 20, 1997
Sold by
Cillis Theodore J
Bought by
Russell Paul R and Russell Virginia M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Berryann Daniel R $350,000 None Available
Russell Paul R $212,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berryann Daniel R $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2016 08/26/16 Sold $350,000 -2.8% $152 / Sq Ft
07/10/2016 07/10/16 Pending -- -- --
06/14/2016 06/14/16 For Sale $359,900 0.0% $156 / Sq Ft
06/12/2016 06/12/16 Pending -- -- --
06/09/2016 06/09/16 For Sale $359,900 -- $156 / Sq Ft
Source: Global MLS

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 $8,598 $215,000 $53,700 $161,300
2024 $8,598 $215,000 $53,700 $161,300
2023 $8,400 $215,000 $53,700 $161,300
2022 $8,606 $215,000 $53,700 $161,300
2021 $8,568 $215,000 $53,700 $161,300
2020 $8,429 $215,000 $53,700 $161,300
2019 $4,362 $215,000 $53,700 $161,300
2018 $8,322 $215,000 $53,700 $161,300
2017 $0 $215,000 $53,700 $161,300
2016 $7,551 $215,000 $53,700 $161,300
2015 -- $215,000 $53,700 $161,300
2014 -- $215,000 $53,700 $161,300
Source: Public Records

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Map

Source: Global MLS

MLS Number: 201611840

Global MLS

APN: 012689-018-002-0002-063-000-0000

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