NOT LISTED FOR SALE

5 Rainbow Ln Palm Coast, FL 32164

Estimated Value: $316,000 - $366,948

0.23 Acre
$1,508,622 Price per Acre
10,019 Sq Ft Lot

Last Sold November 20, 2020

Last sale price $30,000

Est. 1,057% increase in value since last sale

Current estimated payment $2,317/month

2 Days on Market

Highlights

  • Wooded Lot
  • No HOA
  • Heating Available
  • Indian Trails Middle School Rated A-
  • Level Lot

About This Lot

As of November 2020

Great location to build your dream home or duplex. Right in the middle of Palm Coast and very close to the Town Center and shopping. The Palm Coast Tennis Center is nearby and the Lehigh Greenway Rail Trail has a 7 mile scenic walking/biking trail for nature lovers. Only a 10 minute drive to Flagler Beach. The lot next door at 5 Rainbow Lane is also available for sale for family or friends to build next door to you!

Last Agent to Sell the Property

JULIE WHITEHEAD

FLORIDA HOMES REALTY & MORTGAGE License #3065895 Listed on: 09/30/2020

FLORIDA HOMES REALTY & MORTGAGE

Last Buyer's Agent

JULIE WHITEHEAD

FLORIDA HOMES REALTY & MORTGAGE License #3065895 Listed on: 09/30/2020

FLORIDA HOMES REALTY & MORTGAGE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $225

Lot Details

  • 10,019 Sq Ft Lot
  • Southwest Facing Home
  • Level Lot
  • Wooded Lot
  • Property is zoned DPX MULTI-FAMILY

Utilities

  • Cable TV Available

Community Details

  • No Home Owners Association
  • Lehigh Woods Condos
  • Lehigh Woods Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Assessor Parcel Number 07-11-31-7030-00260-0030

Property Details

Property Type

Land

Est. Annual Taxes

$225

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.23
  • Lot Size Sq Ft: 10019
  • Status: Sold
  • Total Acreage: 0 to less than 1/4
  • Ratio: Close Price\List Price: 1.00334
  • Price per Sq Ft: 2.99
  • Close to Original List Price Ratio: 1.00334
  • View: No
  • Tax Year: 2019
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Direction Faces: Southwest
  • Road Frontage Type: None
  • Road Surface Type: Paved

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Cable Available, Sewer Available, Water Available
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association: No
  • Senior Community: No
  • Complex Community Name NCCB: LEHIGH WOODS

Lot Info

  • Zoning: DPX MULTI-FAMILY
  • Parcel Number: 07-11-31-7030-00260-0030
  • Current Use: Other
  • Lot Features: Level, Other, Wooded
  • Price Per Acre: 130435
  • Current Adjacent Use: Vacant

Tax Info

  • Tax Annual Amount: 225

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2022
Sold by
Southern Impression Homes Llc
Bought by
Kodumuru Pullaiah
Current Estimated Value
$346,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,675
Outstanding Balance
$279,272
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$67,711

Purchase Details

Listed on
Sep 30, 2020
Closed on
Nov 20, 2020
Sold by
Copsis Peter N
Bought by
Southern Impression Homes Llc
Seller's Agent
JULIE WHITEHEAD
FLORIDA HOMES REALTY & MORTGAGE
Buyer's Agent
JULIE WHITEHEAD
FLORIDA HOMES REALTY & MORTGAGE
List Price
$29,900
Sold Price
$30,000
Premium/Discount to List
$100
0.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
64.14%

Purchase Details

Listed on
Sep 30, 2020
Closed on
Oct 20, 2020
Sold by
Copsis Peter N
Bought by
Southern Impression Homes Llc
Seller's Agent
JULIE WHITEHEAD
FLORIDA HOMES REALTY & MORTGAGE
Buyer's Agent
JULIE WHITEHEAD
FLORIDA HOMES REALTY & MORTGAGE
List Price
$29,900
Sold Price
$30,000
Premium/Discount to List
$100
0.33%

Purchase Details

Closed on
Dec 28, 1999
Sold by
Copsis Nick and Copsis Ann
Bought by
Copsis Peter N
Source: Public Records

Range of Values:

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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
Kodumuru Pullaiah $388,900 Anchor Title
Southern Impression Homes Llc $30,000 Anchor Title
Southern Impression Homes Llc $30,000 Anchor Title Services Llc
Copsis Peter N $4,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kodumuru Pullaiah $291,675
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/20/2020 11/20/20 Sold $30,000 +0.3% --
10/02/2020 10/02/20 Pending -- -- --
09/30/2020 09/30/20 For Sale $29,900 0.0% --
09/16/2013 09/16/13 Rented -- -- --
09/16/2013 09/16/13 For Rent $975 0.0% --
08/16/2013 08/16/13 Sold $180,000 -5.2% $94 / Sq Ft View Prior Sale
03/30/2013 03/30/13 Pending -- -- --
03/29/2013 03/29/13 For Sale $189,900 +113.4% $100 / Sq Ft
04/27/2012 04/27/12 Sold $89,000 -3.3% $75 / Sq Ft View Prior Sale
04/13/2012 04/13/12 Pending -- -- --
09/23/2011 09/23/11 For Sale $92,000 -- $77 / Sq Ft
Source: Stellar MLS

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 $5,978 $323,219 $44,000 $279,219
2023 $5,978 $322,649 $43,500 $279,149
2022 $558 $44,500 $44,500 $0
2021 $409 $21,000 $21,000 $0
2020 $249 $16,000 $16,000 $0
2019 $225 $13,775 $13,775 $0
2018 $198 $10,925 $10,925 $0
2017 $172 $8,550 $8,550 $0
2016 $158 $7,587 $0 $0
2015 $154 $6,897 $0 $0
2014 $484 $6,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: FC260631

Stellar MLS

APN: 07-11-31-7030-00260-0030