NOT LISTED FOR SALE

517 S Rainbow Dr Hollywood, FL 33021

Hollywood Hills Neighborhood

Estimated Value: $786,000 - $1,038,395

4 Beds
5 Baths
3,424 Sq Ft
$267/Sq Ft Est. Value

Last Sold August 06, 2013

Last sale price $370,000 $108 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $5,945/month

28 Days on Market

Highlights

  • Newly Remodeled
  • Tile Flooring
  • 1-Story Property
  • No HOA
  • Central Heating and Cooling System

About This Home

As of August 2013

This home is located at 517 S Rainbow Dr, Hollywood, FL 33021 since 25 June 2013 and is currently estimated at $915,349, approximately $267 per square foot. This property was built in 1978. 517 S Rainbow Dr is a home located in Broward County with nearby schools including Orange Brook Elementary School, Olsen Middle School, and South Broward High School.

Last Agent to Sell the Property

Josefa Sanchez

Florida Real Estate Connection LLC License #0632783 Listed on: 06/25/2013

Last Buyer's Agent

Maria Zuluaga

MMLS Assoc.-Inactive Member License #3140637

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,458

Year Built

  • Built in 1978 | Newly Remodeled

Lot Details

  • 8,799

Parking

  • 7 Parking Spaces

Home Design

  • Triplex
  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,424 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 4 Units
  • Hollywood Hills 6 22 B Condos
  • Hollywood Hills 6 22 B Subdivision

Listing and Financial Details

  • Rent includes water
  • Assessor Parcel Number 514207023690

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,458

Year Built

Built in 1978 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1978
  • Property Sub Type: Triplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Triplex
  • Subdivision Name: HOLLYWOOD HILLS 6-22 B
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 3424
  • Possible Use: Unknown/Withheld
  • Stories: 1

Exterior Features

  • Roof: Flat Tile
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • Property Condition: New Construction
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: HOLLYWOOD HILLS 6-22 B
  • Total Parking Spaces: 7

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 514207023690
  • Zoning: RES
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Water

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 3458

Multi Family

  • Number Of Units In Community: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2013
Closed on
Aug 6, 2013
Sold by
Herrera Macario and Herrera Dorly
Bought by
Colono Inc
Seller's Agent
Josefa Sanchez
Florida Real Estate Connection LLC
Buyer's Agent
Maria Zuluaga
MMLS Assoc.-Inactive Member
List Price
$397,000
Sold Price
$370,000
Premium/Discount to List
-$27,000
-6.8%
Current Estimated Value
$915,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$545,349
Avg. Annual Appreciation
7.35%

Purchase Details

Closed on
Jun 12, 2003
Sold by
Lupu Constantin and Lupu Maria
Bought by
Herrera Macario and Herrera Dorly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
5.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 30, 1995
Sold by
Dfh Investments Lp
Bought by
Lupu Constantin and Lupu Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,382
Interest Rate
7.31%
Mortgage Type
FHA
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
Colono Inc $370,000 None Available
Herrera Macario $347,000 Consolidated Title Company
Lupu Constantin $127,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Herrera Macario $232,000
Previous Owner Lupu Constantin $127,382
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2013 08/06/13 Sold $370,000 -6.8% $108 / Sq Ft
07/22/2013 07/22/13 Pending -- -- --
06/24/2013 06/24/13 For Sale $397,000 0.0% $116 / Sq Ft
09/05/2012 09/05/12 Rented $1,450 -9.4% --
09/05/2012 09/05/12 For Rent $1,600 -- --
Source: MIAMI REALTORS® 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
2025 $11,948 $550,310 -- --
2024 $10,622 $550,310 $79,160 $375,650
2023 $10,622 $454,810 $79,160 $375,650
2022 $9,357 $403,740 $79,160 $324,580
2021 $10,776 $469,630 $79,160 $390,470
2020 $10,770 $469,630 $79,160 $390,470
2019 $10,922 $469,630 $79,160 $390,470
2018 $11,061 $515,250 $79,160 $436,090
2017 $10,200 $433,020 $0 $0
2016 $9,398 $393,660 $0 $0
2015 $8,533 $357,880 $0 $0
2014 $7,869 $325,350 $0 $0
2013 -- $196,920 $79,160 $117,760
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Josefa Sanchez

    Florida Real Estate Connection LLC

    (305) 834-0597

    3 Total Sales

    Josefa Sanchez
    Section Image

  • M

    Buyer's Agent in 2013

    Maria Zuluaga

    MMLS Assoc.-Inactive Member

  • Eric Margolis

    Buyer's Agent in 2012

    Eric Margolis

    United Realty Group Inc

    (954) 633-2626

    3 Total Sales

    Eric Margolis
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1805728

MIAMI REALTORS® MLS

APN: 51-42-07-02-3690

Florida Broward County Hollywood 33021 Hollywood Hills

517 S Rainbow Dr, Hollywood, FL

This home is located at 517 S Rainbow Dr, Hollywood, FL 33021 since 25 June 2013 and is currently estimated at $915,349, approximately $267 per square foot. This property was built in 1978. 517 S Rainbow Dr is a home located in Broward County with nearby schools including Orange Brook Elementary School, Olsen Middle School, and South Broward 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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